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Stock Market & Financial Investment News

News For GD;LMT;SSYS;BA;NOC;HON;AA;SPA;RTN;BAESY;HXL;DASTY From The Last 14 Days
Check below for free stories on GD;LMT;SSYS;BA;NOC;HON;AA;SPA;RTN;BAESY;HXL;DASTY the last two weeks.
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August 28, 2014
03:17 EDTBAAir Transport Services unit to return four DHL-owned freighters
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August 27, 2014
17:33 EDTLMTLockheed Martin awarded $122.22M government contract modification
Lockheed Martin is being awarded a $122.22M modification to a previously awarded F-35 Lightning II Low Rate Initial Production, or LRIP, Lot VI cost-plus incentive fee contract for the procurement of support equipment for the F-35 aircraft such as sensor covers, tool sets, vacuum clamp sets, and heat gun assemblies. Work is expected to be completed in November 2016. Fiscal 2012 aircraft procurement funds in the amount of $122.22M will be obligated at time of award, all of which will expire at the end of the current fiscal year.
14:02 EDTBAAir Transport Services unit to return four DHL-owned freighters
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08:30 EDTBAMorgan Stanley believes aerospace cycle concerns are overblown
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07:06 EDTBAIridium continues on track for its NEXT satellite
Iridium (IRDM) announced the successful upgrade of its System Control Segment and completion of its Launch and Early Operations control center for Iridium NEXT, the largest new commercial satellite constellation in the world. The overall development of the SCS is performed by Boeing (BA), which will continue operating the constellation through its transition to Iridium NEXT and beyond as the company's operations and maintenance provider.
05:47 EDTBAAerCap delivers first 787 Dreamliner to Royal Jordanian
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August 26, 2014
10:24 EDTAAAlcoa volatility low as aluminum trades at 18-month high
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August 25, 2014
18:03 EDTLMTLockheed Martin and Electro Optic Systems to develop space debris tracking site
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10:56 EDTGDU.S. Navy awards General Dynamics $100M contract for LCS program
The U.S. Navy awarded General Dynamics Bath Iron Works a $100M contract to provide planning yard services for the Littoral Combat Ship, LCS, program. General Dynamics Bath Iron Works is a business unit of General Dynamics.
10:02 EDTGDGeneral Dynamics awarded contract to implement Massachusetts NG9-1-1
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09:01 EDTLMTLockheed Martin buys Sun Catalytix assets, terms not disclosed
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08:31 EDTAAAlcoa to close Portovesme smelter in Italy
Alcoa announced that it intends to permanently close its Portovesme primary aluminum smelter, which has been curtailed since November 2012. The closure will reduce Alcoa’s global smelting capacity by 150,000 metric tons to 3.6 million metric tons per year. The Portovesme smelter was curtailed in 2012 because it was one of the highest cost smelters in the Alcoa system and had limited prospects for becoming competitive. “The fundamental reasons that made the Portovesme smelter uncompetitive unfortunately have not changed,” said Bob Wilt, President, Alcoa Global Primary Products. “We will continue to meet the commitments made to our employees and our stakeholders, acting in good faith as we have always done.” As committed to the government and unions, Alcoa has provided financial social support, along with outplacement and re-employment services for employees. The closure is aligned with Alcoa’s strategy to create a globally competitive commodity business and lower its position on the world aluminum production cost curve to the 38th percentile by 2016. Total restructuring-related charges for third quarter 2014 as a result of the closure are expected to be between $170M-$180M after-tax, or between 14c-15c per share, of which approximately 60% is non-cash.
06:17 EDTBABoeing, BOC Aviation announce order for 82 airplanes for $8.8B
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August 22, 2014
18:16 EDTBAGeneral Electric equipped 787 Dreamliner approved by regulators, WSJ says
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07:16 EDTLMTLockheed, suppliers aim to cut F-35 expenses, Reuters says
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August 21, 2014
11:26 EDTBABoeing reports 12 new orders in weekly update
Boeing reported orders for 10 737s and two 777s for unidentified customers in its weekly update.
05:11 EDTNOCNorthrop Grumman confirms award of U.S. Navy CANES contract
The U.S. Navy has selected Northrop Grumman as one of five contractors for the Consolidated Afloat Networks and Enterprise Services, or CANES, full deployment production contract to upgrade cybersecurity, command and control, communications and intelligence systems across the fleet. The indefinite delivery, indefinite quantity multiple award contract has a potential value of $2.5B over eight years.
August 20, 2014
17:21 EDTBAESY, GD, NOCBAE Systems, General Dynamics, three others awarded $2.53B government contract
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14:07 EDTLMTAstrotech Corporation to sell assets of Astrotech Space Operations business unit
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07:23 EDTSSYSBrean Capital remains a buyer of Stratasys following management meetings
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