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Stock Market & Financial Investment News

News Breaks
January 15, 2013
09:09 EDTBAESYU.S. Navy buying more BAE Systems APKWS rockets
As a result of its continued success in theater, the U.S. Navy is buying more BAE Systems Advanced Precision Kill Weapon System rockets. The company recently signed a $28M full-rate production contract with options to produce more APKWS rockets for the Navy. The latest award increases the total full-rate production contract value to $69M and extends production through 2014.
News For BAESY From The Last 14 Days
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July 23, 2014
10:01 EDTBAESYBAE Systems awarded contracts worth $40M from U.S. Army
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06:23 EDTBAESYAirbus group submits bid as Denmark looks to replace F-16s, WSJ reports
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July 15, 2014
07:32 EDTBAESYRockwell Collins' Flight Control Module selected for Boeing 777x
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07:26 EDTBAESYUBS to hold events at Farnborough Air Show
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07:17 EDTBAESYFarnborough International to hold air show
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07:16 EDTBAESYCredit Suisse events at Farnborough Air Show
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07:04 EDTBAESYBoeing selects BAE for Integrated Flight Control Electronics system
Boeing (BA) has selected a BAE Systems (BAESY)-led team to provide electronics for the 777X flight control system through a procurement process. The system, known as the Integrated Flight Control Electronics and the Air Data Reference Function, will control the flight surfaces of the aircraft and integrate additional functionality unique to the 777X. BAE Systems is teaming with Rockwell Collins (COL) to bring this capability to Boeing. The 777X is scheduled to begin production in 2017 and first delivery is targeted for 2020.
July 14, 2014
12:46 EDTBAESYBAE goes against Lockheed for $10B F-16 revamp work, Reuters says
BAE Systems (BAESY) anticipates to win more than half of the $10B market to upgrade F-16 fighter jets, saying its cost-effective offering could give it a leg-up in the fight against Lockheed Martin (LMT), according to Reuters, citing comments from BAE Systems' vice president for global fighter programs John Bean. Reference Link

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