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News Breaks
March 25, 2013
08:34 EDTBAESY, NOC, CWCurtiss-Wright awarded $2.5M contract by Northrop Grumman for GCV project
Curtiss-Wright Corporation (CW) announced the receipt of a contract from Northrop Grumman (NOC) to provide open architecture mission computer and network switch subsystems for use in the U.S. Army's new Ground Combat Vehicle, or GCV, Infantry Fighting Vehicle. The initial value of the contract is $2.5M. The contract has a total potential value in excess of $250M over the lifetime of the production phase of the program, which is expected to begin in 2018. Under the terms of the contract, shipments began in the 1Q12 and are scheduled to continue throughout the remainder of this year. The BAE Systems-Northrop Grumman team is one of two industry teams working under technology development contracts for the GCV program.
News For CW;NOC;BAESY From The Last 14 Days
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April 23, 2014
07:11 EDTNOCNorthrop Grumman reports Q1 Aerospace Systems sales $2.42B
Reports Q1 Electronic Systems sales $1.64b; Reports Q1 Info Systems sales $1.58B
07:11 EDTNOCNorthrop Grumman raises FY14 EPS to $8.90-$9.15 from $8.70-$9.00
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07:09 EDTNOCNorthrop Grumman reports Q1-end backlog was $36.2B
decline in backlog was primarily due to the timing of awards in Aerospace Systems. First quarter 2014 new awards totaled $4.9B.
07:03 EDTNOCNorthrop Grumman reports Q1 adjusted EPS $2.31, consensus $2.15
Reports Q1 revenue $5.85B, consensus $5.84B
06:52 EDTBAESYBloomberg to hold a conference
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April 22, 2014
15:32 EDTNOCNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Procter & Gamble (PG), consensus $1.02; Boeing (BA), consensus $1.56; Biogen Idec (BIIB), consensus $2.56; Dow Chemical (DOW), consensus 71c; EMC Corporation (EMC), consensus 35c; Thermo Fisher (TMO), consensus $1.40; Praxair (PX), consensus $1.51; General Dynamics (GD), consensus $1.64; Johnson Controls (JCI), consensus 65c; Norfolk Southern (NSC), consensus $1.15; Reynolds American (RAI), consensus 74c; Delta Air Lines (DAL), consensus 29c; Northrop Grumman (NOC), consensus $2.15; Air Products & Chemicals (APD), consensus $1.35; TD Ameritrade (AMTD), consensus 34c; Ingersoll-Rand (IR), consensus 26c; Dr Pepper Snapple (DPS), consensus 59c; Polaris Industries (PII), consensus $1.16; Ryder System (R), consensus 87c.
April 17, 2014
08:34 EDTNOCFCC to hold a workshop
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April 15, 2014
07:51 EDTBAESYGeneral Dynamics chooses to skip GAO protest over Army car plan, Reuters says
General Dynamics (GD) said it would not ask the congressional Government Accountability Office to rule on a U.S. Army vehicle competition that it says is skewed to favor its rival, Britain's BAE Systems (BAESY), according to Reuters, citing a statement from a General Dynamics spokesman. The spokesman said, "We will continue to discuss the AMPV program with the U.S. Department of Defense and the Congress. We do not believe a GAO protest is the right forum for this issue and we will not file one." Reference Link
April 11, 2014
17:23 EDTNOCNorthrop Grumman awarded $234.1M government contract modification
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