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Stock Market & Financial Investment News

News Breaks
January 29, 2013
07:48 EDTGILT, HONGilat Satellite wins contract with Honeywell for in-flight connectivity
Gilat Satellite (GILT) announced that its wholly owned subsidiary Wavestream has been awarded an exclusive contract by Honeywell (HON) to supply Ka-band transceivers for integration into airborne antenna systems to provide in-flight connectivity to the Inmarsat Global Xpress, or GX, network. Scaled production for the transceivers is expected to begin in 2014.
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August 25, 2014
07:10 EDTGILTCompugen appoints Krashin CFO
Compugen (CGEN) announced the appointment of Ari Krashin as CFO, effective as of September 9. Krashin previously served as CFO of Gilat Satellite (GILT).
August 19, 2014
09:07 EDTHONHoneywell company UOP selected by BW Offshore
UOP, a Honeywell company, announced that it has been selected by BW Offshore to remove contaminants from natural gas aboard a new Floating Production, Storage and Offloading, or FPSO, vessel off the coast of Scotland. The vessel, which will be leased to Premier Oil, will include a UOP Separex Membrane System to remove carbon dioxide.

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