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Stock Market & Financial Investment News

News Breaks
March 25, 2013
08:34 EDTCW, NOC, BAESYCurtiss-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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July 25, 2014
16:02 EDTNOCNorthrop Grumman awarded $205M U.S. Army contract
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July 23, 2014
12:20 EDTNOCNorthrop Grumman remains cautious on long-term defense spending
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10:01 EDTBAESYBAE Systems awarded contracts worth $40M from U.S. Army
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07:30 EDTNOCNorthrop Grumman reports Q2 Aerospace Systems sales down 4% to $2.5B
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07:29 EDTNOCNorthrop Grumman reports total backlog at June 30 was $35.6B
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07:05 EDTNOCNorthrop Grumman raises FY14 EPS to $9.15-$9.35 from $8.90-$9.15
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07:03 EDTNOCNorthrop Grumman reports Q2 EPS $2.37, consensus $2.22
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06:23 EDTBAESYAirbus group submits bid as Denmark looks to replace F-16s, WSJ reports
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July 22, 2014
15:30 EDTNOCNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include PepsiCo (PEP) , consensus $1.23; Boeing (BA), consensus $2.01; Dow Chemical (DOW), consensus 72c; EMC (EMC), consensus 43c; Simon Property Group (SPG), consensus $2.13; Thermo Fisher (TMO), consensus $1.62; General Dynamics (GD), consensus $1.77; Freeport-McMoRan (FCX), consensus 49c; Delta Air Lines (DAL), consensus $1.04; Northrop Grumman (NOC), consensus $2.22; Whirlpool (WHR), consensus $2.91; B/E Aerospace (BEAV), consensus $1.07; Ryder (R), consensus $1.40; Owens Corning (OC), consensus 46c.
10:01 EDTNOCNorthrop Grumman awarded $12M task order from U.S. Navy
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July 18, 2014
17:28 EDTNOCNorthrop Grumman awarded $300M government contract
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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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