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Stock Market & Financial Investment News

News Breaks
July 7, 2014
08:52 EDTKBR, RYCEYKBR awarded contract as CSC for LHD ships
KBR (KBR) announced that it has been awarded an initial five-year contract by the Australian Defence Force, or ADF, to provide the Capability Support Coordinator, or CSC, services for the Canberra Class Landing Helicopter Dock, or LHD, ships. The CSC contract will provide configuration management, data management, maintenance monitoring, engineering and supply support services, all within an Asset Management framework to meet the technical integrity, seaworthiness and mission preparedness of the Landing Helicopter Dock ships. KBR has engaged Rolls-Royce (RYCEY) Australia Services Pty Limited to work with KBR to deliver these services. The LHD ships will be the largest vessels ever constructed for the Australian Defence Force, and will be operated by the Royal Australian Navy, or RAN. The two Canberra class LHDs, HMAS Canberra and HMAS Adelaide, can each transport over 1,100 troops, 100 armored vehicles and 12 rotary wing aircraft.
News For KBR;RYCEY From The Last 14 Days
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July 16, 2014
08:10 EDTRYCEYBoeing, Airbus narrow engine choices in move toward efficient jets, WSJ says
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07:35 EDTRYCEYCIT Group, Rolls-Royce finalize agreement for Trent 7000 engines for A330-900neo
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July 14, 2014
08:05 EDTRYCEYParker Aerospace partners with Rolls-Royce to support engines
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06:50 EDTRYCEYAirbus launches A330-800neo, A330-900neo
Airbus (EADSY) announced the A330-800neo and A330-900neo launched in July will reduce fuel consumption by a further 14% per seat compared with today’s A330. The company said that the A330neo will not only match the cash operating costs per seat of Boeing's (BA) 787, but also surpass it on direct operating costs per seat, and do so while offering an inch greater seat-width in economy class. The A330neo incorporates latest generation Rolls-Royce (RYCEY) Trent 7000 engines with a larger 112” diameter fan for a 10:1 bypass ratio, more seats and new cabin features. First deliveries of the newest A330 family members are scheduled to start in 4Q17. Reference Link
06:39 EDTRYCEYAirbus debuts overhauled A330 jet at airshow, Reuters says
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July 11, 2014
08:49 EDTRYCEYAirbus sees upgraded A330 jet 14% more fuel efficient, WSJ reports
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July 10, 2014
08:49 EDTKBRKBR wins $113.82M contract for base support in Bahrain
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July 9, 2014
08:50 EDTKBRKBR awarded contract to construct production facility for Purdue Pharma
KBR announced that KBR Building Group, a subsidiary within KBR's Services Group, has been awarded a contract by Purdue Pharma Manufacturing L.P. to build a new Oral Solid Dosage manufacturing plant in Durham, N.C. The 188,000-square-foot, steel-framed facility is being constructed on a 51-acre site in Treyburn Corporate Park in Durham. Production areas will feature clean room spaces with epoxy flooring, and epoxy painted walls and ceilings. The building will also house administrative offices, laboratories and associated support areas, such as dining, conference, and training areas.

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