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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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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 18, 2014
12:36 EDTESLTPlug Power said to be on list of companies probed by SEC, Probes Reporter says
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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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