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Stock Market & Financial Investment News

News Breaks
March 5, 2013
05:57 EDTESLT, BAESYElbit Systems subsidiary awarded $50M contract by BAE Systems for NAVAIR
Elbit Systems (ESLT) announced that M7 Aerospace, a wholly-owned subsidiary of Elbit Systems, will be working with BAE Systems (BAESY) to provide logistics support for the T-34, T-44, and T-6 aircraft under a contract awarded to BAE Systems by the Naval Air Systems Command, or NAVAIR. Under its NAVAIR contract, BAE Systems awarded M7 a subcontract of approximately $50M to be performed over a five-year period.
News For ESLT;BAESY From The Last 14 Days
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October 31, 2014
17:34 EDTBAESYBAE Systems awarded $141.8M government contract modification
BAE Systems, York, Pennsylvania, was awarded a $141,788,689 modification, exercising Option 1, to fixed-price-incentive contract W56HZV-14-C-0002, for 18 Self-Propelled Howitzers and 18 Carrier Ammunition Tracked vehicles. Fiscal 2014 and 2015 other procurement funds in the amount of $141,788,689 were obligated at the time of the award. Estimated completion date is Feb. 28, 2017. Army Contracting Command, Tank and Automotive,Warren, Michigan, is the contracting activity.
October 29, 2014
10:32 EDTESLTElbit Systems looking to buy Israeli start-up, The Marker says
Israel's Elbit Systems (ESLT) is looking to buy Israeli company DSIT for $10M, according to The Marker. DSIT has developed an undersea monitoring system for use by militaries, energy companies, and nuclear reactors, according to the website. The system was successfully used by the Israel Defense Forces to detect Hamas divers who planned to carry out a terrorist attack against an Israeli kibbutz during last summer's war between Israel and Hamas, The MAarker noted. Reference Link
06:47 EDTESLTElbit Systems announces Midroog reaffirming rating 'Aa1', with stable outlook
Elbit Systems announced that Midroog, an Israeli rating agency, reaffirmed Midroog's "Aa1" rating, with a stable outlook, of the Series "A" Notes issued by the company in 2010 and in 2012.
06:46 EDTBAESYBAE says U.S. Air Force stopped South Korea F-16 improvements, Reuters says
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05:44 EDTESLTElbit Systems awarded contract by Rheinmetall Canada
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October 22, 2014
05:39 EDTESLTElbit Systems awarded $85M in contracts from Asian Customer
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October 21, 2014
07:10 EDTBAESYBAE Systems acquires SilverSky
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06:11 EDTBAESYBAE Systems to acquire SilverSky for $232.5M on cash free, debt free basis
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October 20, 2014
05:30 EDTESLTElbit Systems sees extraordinary level of finance expenses for Q3
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