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Stock Market & Financial Investment News

News For CAE;LLL;ERJ;BEAV;CACI;BA;HXL;CRS;COL;ATI;XLS;LMT;RTI From The Last 14 Days
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May 21, 2015
17:31 EDTLMTLockheed Martin awarded $735.51M government contract
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12:20 EDTXLSExelis to host special shareholder meeting
Special shareholder meeting to approve the merger agreement with Harris Corporation will be held in McLean, Virginia on May 22 at 9 am.
11:07 EDTBABoeing reports three new orders since last update
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08:28 EDTERJEmbraer and Azul Linhas Aereas sign firm order for up to 50 E-jets E2
Embraer S.A. and Azul Linhas Aereas have reached a final agreement for 30 firm orders for the E195-E2 jets. The contract also includes an additional 20 purchase rights for the same model, bringing the total potential order up to 50 E195-E2 jets. The contract for the E-Jets E2 has an estimated value of $3.2B, at Embraer's current list prices, if all purchase rights are converted to firm orders. The firm orders will be included in Embraer's Q2 backlog. The first delivery is scheduled for 2Q20.
06:02 EDTHXLHexcel launched new carbon fiber plant in Roussillon, France
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May 20, 2015
11:45 EDTXLSExelis, Leidos selected for five-year DARPA ARC subcontract
Exelis (XLS) and Leidos (LDOS) have been selected to continue to evolve advanced technology development for the Defense Advanced Research Projects Agency's Adaptive Radar Countermeasures program. The five-year subcontract from Leidos could be worth up to $15.6M if all options are exercised. During this second phase of the program, Exelis will demonstrate the Leidos software-based algorithms with Exelis electronic warfare hardware in the loop test environment, showcasing an enhanced capability to electronically defend against emerging radar threats. The ARC program will enable U.S. airborne EW systems to detect and adaptively counter radar systems whose waveforms and behaviors are new, unknown or ambiguous.
08:27 EDTLMTIBM unit sale to Lenovo raises saftey concerns for Navy, WSJ reports
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07:41 EDTBAThe Wings Club holds a luncheon meeting
Luncheon Meeting with David Longridge, President of Boeing Business Jets, is being held in Geneva, Switzerland on May 20 at 11:45 am.
06:06 EDTLMT, BAUnited Technologies in talks to sell Sikorsky unit, WSJ reports
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May 19, 2015
11:55 EDTERJEmbraer confirms firm order from Tianjin Airlines for 22 aircraft
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11:27 EDTERJEmbraer sells Legacy 500 to Middle East Airlines
Embraer Executive Jets announced that Middle East Airlines has placed an order for one midsize Legacy 500 and an option for a second aircraft of the same model. The delivery of this aircraft is scheduled for Q4 and this order is already included in Embraer's firm order backlog for Q1, the company noted.
10:38 EDTERJEmbraer sells Legacy 650 to Air Hamburg
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May 18, 2015
16:16 EDTBABoeing Business Jets receives two orders for BBJ, BBJ 787-8 Dreamliner jets
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10:09 EDTLMTLockheed Martin to provide online flight planning services under FAA contract
The FAA) has selected Lockheed Martin to provide online flight service tools to the general aviation community, helping them to plan and navigate the national airspace Under the Direct User Access Terminal Service II contract, Lockheed Martin expands their current work to provide weather information, flight plan processing and in-flight support to pilots.
07:54 EDTBADeutsche still prefers Boeing over Precision Castparts
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07:46 EDTXLSExelis achieves factory acceptance testing for Aireon's ADS-B system
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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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14:33 EDTATIAllegheny Technologies files automatic mixed securities shelf
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08:00 EDTLMTReport 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
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