GD C4 Systems SATCOM Technologies receives contract from Lockheed General Dynamics (GD) C4 Systems SATCOM Technologies received a contract from Lockheed Martin (LMT) to design and build the ground structures and integrate the mechanical systems for the U.S. Air Force Space Fence program. The new advanced ground-based radar system will enhance the way the U.S. detects and tracks more than 100K orbiting objects in space and increase the ability to prevent space-based collisions. The improved situational awareness will help protect space-based assets like the International Space Station from potential collisions that could severely damage, disable or destroy it. Construction of the Space Fence ground system will begin mid-2015 on the Kwajalein Atoll in the Republic of the Marshall Islands. The U.S. Air Force contract value awarded to Lockheed Martin is greater than $910M.
Dynegy reports Q2 EPS ($1.23), may not compare to consensus (9c) Reports Q2 revenue $521M, consensus $572.58M. Dynegy’s updated 2014 consolidated adjusted EBITDA guidance range is $330M-$380M, a $30M increase from the previous range of $300M-$350M; and its consolidated 2014 Free Cash Flow guidance range is $45M-$95M which has been increased from the initial range of $10M-$60M.