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Stock Market & Financial Investment News

News For SSYS;BAESY;DASTY;GD;HXL;HON;LMT;NOC;SPA;BA;RTN;AA From The Last 14 Days
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May 18, 2015
08:15 EDTSPASparton, Ultra Electronics JV awarded $87M for U.S. Navy sonobuoy contract
Sparton Corporation and Ultra Electronics Holdings announce the award of subcontracts valued at $87M to their ERAPSCO joint venture, for the manufacture of sonobuoys for the United States Navy. The award is a GFY15 ERAPSCO Indefinite Delivery Indefinite Quantity contract release for sonobuoy requirements under ERAPSCOís five year contract. ERAPSCO will provide production subcontracts in the amount of $47M and $40M to Ultra Electronics USSI and Sparton DeLeon Springs, LLC respectively. Production will take place at Ultra Electronics USSIís Columbia City, IN facility and Spartonís DeLeon Springs, FL facility and is expected to be completed by March 2017.
07:54 EDTBADeutsche still prefers Boeing over Precision Castparts
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07:19 EDTHONElectric Products Group to hold a conference
EPG 2015 is being held in Longboat Key, Florida on May 18-20 with webcasted company presentations to begin on May 18 at 7:30 am; not all company presentations may be webcasted. Webcast Link
06:58 EDTHONHoneywell says M&A pipeline includes over 100 potential targets, Bloomberg says
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05:16 EDTRTNRaytheon secures contract with Honda in Europe
Raytheon Professional Services GmbH, or RPS, a subsidiary of Raytheon (RTN), has signed a long-term contract with Honda Motor Europe Limited (HMC) for the outsourcing of all development of their Pan-European dealer training, as well as domestic training delivery operations in the UK and Germany. As part of the contract, RPS will manage Pan-European curriculum content development, product launch training and Learning Management System administration and support. RPS' training services will cover Honda's complete product range including Cars, Motorcycles and Power Products, and will extend to all sales, aftersales, technical, and management personnel. The contract also includes the outsourcing and management of Honda's accredited apprenticeship program, across the whole product range, in the UK. Students will be able to achieve either an Intermediate or Advanced apprenticeship through the program.
May 17, 2015
20:11 EDTBABoeing may move jobs overseas if U.S. Export-Import Bank fails, FT says
In a Financial Times interview regarding the uncertain future of the U.S. Export-Import bank, Boeing Capital's regulatory strategy chief Scott Scherer said Boeing "is not going to let itself be hurt by the lack of an ExIm Bank... If it means sourcing... to other countries who will support us we may have to look at that. Other countries have more aggressive export policies. We will find an alternative." Reference Link
May 15, 2015
18:12 EDTLMT, BALockheed Martin, Boeing JV to cut executive ranks by 30%, Reuters reports
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08:32 EDTRTNCitigroup aerospace/defense analyst holds analyst/industry conference call
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08:00 EDTLMT, RTNReport claims Lockheed beats Raytheon for missile shield pact, Reuters says
German newspaper Sueddeutsche Zeitung reported that Germany's defense ministry has decided to award a Lockheed Martin (LMT) led consortium one of the most expensive defense projects of the next decade by supposedly selecting its MEADS missile defense system over Raytheon's (RTN) next-generation Patriot system, though a U.S.-based source called the German report "absolutely incorrect," according to Reuters. Reference Link
May 14, 2015
11:04 EDTBABoeing says has received one new order since last update
Boeing says it has received one new order since the last update, from TUI Travel for one 787.
08:17 EDTSPASparton, Ultra Electronics USSI JV awarded $9.4M in foreign sales contracts
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07:53 EDTHONRBC Capital to hold a conference
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05:32 EDTBABoeing and TUI Group finalize order for 787-9 Dreamliner
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May 13, 2015
11:18 EDTBASouthwest sees FY15 ASM growth approximately 7%; FY16 ASM growth 6%-7%
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11:15 EDTBASouthwest sees FY15 CapEx approximately $1.8B
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10:05 EDTLMTLockheed Martin receives $174M FMS contract for ATACMS production
Lockheed Martin received a $174M Foreign Military Sales contract for Army Tactical Missile System production for the U.S. Army and the United Arab Emirates. ATACMS is the U.S. Army's only tactical long-range precision-strike surface-to-surface weapon system. All production on this contract will be conducted at Lockheed Martin's award-winning facility in Camden, Arkansas.
09:06 EDTHONHoneywell to supply technology for largest refinery in Africa
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07:22 EDTSPABarrington to hold a conference
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07:08 EDTHONOppenheimer to hold a conference
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06:11 EDTBABoeing ends work on only small satellite program, WSJ reports
Boeing is no longer working on a program for HySpecIQ, a private equity-backed startup, which had ordered two Boeing 502 Phoenix satellites that were expected to be launched in 2018, The Wall Street Journal reports. Boeing has ended work on the imaging spacecraft, its only small satellite order, due to the downturn in the natural resources market, the publication adds.
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