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January 28, 2013
06:51 EDTBAH, RTN, GD, LMIA, NOC, BA, BAESY, LLL, CSC, FLIR, COL, LMTRyan says sequester likely to be triggered, The Hill reports
Republican Rep. Paul Ryan, the chairman of the House Budget Committee, predicted yesterday that automatic spending cuts known as the sequester would be triggered in March, according to The Hill. Ryan, who was speaking on NBC, said he is in favor of letting the automatic spending cuts go into effect, the website added. Reference Link
News For LLL;LMIA;LMT;BAESY;GD;COL;BA;RTN;FLIR;NOC;BAH;CSC From The Last 14 Days
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June 28, 2015
15:16 EDTBAIncoming Boeing CEO to address 'looming' China challenge, WSJ says
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13:23 EDTBABoeing shares 'will soar' under new CEO, Barron's says
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June 26, 2015
16:32 EDTBAStocks end week lower with Greece still searching for deal
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08:03 EDTRTNOSI wins $2M order from Raytheon for vehicle detection, classification solutions
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07:26 EDTGD, LMT, NOC, RTN, BAESY, BASRA International exploring sale or IPO, Reuters reports
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June 25, 2015
17:23 EDTLMTLockheed Martin awarded $237.77M government contract
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05:53 EDTBABoeing CEO Muilenburg prioritizes cost cutting challenges, Financial Times says
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June 24, 2015
18:21 EDTLMTLockheed Martin awarded $480M government contract
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16:57 EDTBABoeing to slow 747-8 production to one per month in March, Reuters says
Boeing will slow its production of the 747-8 jumbo jet to 1 per month beginning in March, a decrease of 23%, reports Reuters. The decision to slow production was not related to the company's CEO transition, Reuters added, citing the company. Reference Link
16:21 EDTBAOn The Fly: Top stock stories for Wednesday
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12:30 EDTBAOn The Fly: Top stock stories at midday
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10:00 EDTGDGeneral Dynamics receives $219M order for US Army's WIN-T increment 2 systems
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09:09 EDTBAESY, LLLBAE Systems orders aerostat systems for U.S. Army contract
BAE Systems (BAESY) has awarded Drone Aviation Holding's wholly owned subsidiary, Drone Aviation Corp., an order for parts and services related to enhancing and supporting two WASP aerostat systems owned and operated by the U.S. Army Space and Missile Defense Command Battle Lab for upcoming Department of Defense exercises. The upgrades and services are designed to integrate specialized wireless electronics, advanced optics and a communications package provided by L-3 Communication (LLL). Under the terms of an agreement between DAC and L-3 CS-West, a working group has commenced on a technical integration plan that includes integrating new technologies into the WASP and jointly marketing the integrated solution. The enhanced WASP systems and components are expected to be delivered to the U.S. Army in July.
07:32 EDTBANew Boeing CEO Muilenburg to inherit tough decisions, Bloomberg says
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June 23, 2015
19:03 EDTBAOn The Fly: After Hours Movers
UP AFTER PROVIDING GUIDANCE: MeetMe (MEET), up 18.8%. ALSO HIGHER: Nektar Therapeutics (NKTR), up 4.3% after being added to S&P 600... Quidel (QDEL), up 5% after receiving FDA clearance for new Solana molecular system and assay... Vanda Pharmaceuticals (VNDA), up 4.6% after announcing positive results from REPRIEVE study... Netflix (NFLX), up 3.4% after announcing seven-for-one stock split. LOWER: Alcobra (ADHD), down 2.5% after announcing that it will host a conference call and simultaneous webcast presentation to present results from the Phase II clinical trial of MDX... Sysco (SYY), down 2.6% after bid for U.S. foods blocked was blocked by a federal judge... Boeing (BA), down marginally after announcing CEO transition.
17:40 EDTBABoeing incoming CEO Muilenburg says must deliver on 777 bridge program
Regarding the appointment of Dennis Muilenburg as Boeing CEO, outgoing CEO James McNerney says, "in many ways, there's not going to be a change." Muilenburg noted that the current defense market is more "challenging," and that the company needs to deliver on its 777 bridge program. Muilenburg added that the company's backlog remains "solid." Both executives are speaking on CNBC.
16:32 EDTBABoeing names Dennis Muilenburg CEO
The Boeing board has elected Dennis Muilenburg as the company's CEO, succeeding W. James McNerney, Jr., who held the position for the past 10 years. Muilenburg, who has served as Boeing president and COO since 2013, becomes president and CEO on July 1. McNerney, who joined Boeing's board in 2001, continues as its chairman. To ensure a smooth transition of his CEO responsibilities to Muilenburg, he will continue working as a company employee until retiring at the end of February 2016.
16:22 EDTLMTAerojet Rocketdyne awarded contract by Lockheed Martin
Aerojet Rocketdyne (AJRD) recently was awarded a contract from Lockheed Martin (LMT) to deliver XR-5 Hall Effect and MR-510 Arcjet electric propulsion subsystems, as well as monopropellant rocket engines for the modernized A2100 satellite. The contract is for delivery of the flight propulsion subsystems aboard two modernized A2100 satellites that Arabsat recently ordered from Lockheed Martin.
13:15 EDTBABoeing sued over claims of toxic airplane cabin air, Chicago Tribune says
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11:02 EDTBAHBooz Allen selected as prime contractor for $7.9B NETCENTS-2 contract
Booz Allen Hamilton has been selected by the U.S. Air Force as a prime contractor for the $7.9B Network-Centric Solutions-2 Network Operations and Infrastructure Solutions Indefinite Delivery/Indefinite Quantity contract for U.S. Air Force IT programs. The award designates Booz Allen as one of 20 prime contractors eligible to compete for task orders for the life of the IDIQ, which is expected to run through May 2022. As part of the NETCENTS-2 Network Operations and Infrastructure Solutions contract, Booz Allen will deliver a wide range of services and solutions covering existing legacy infrastructure, networks, systems and operations as well as emerging requirements. The company will provide network-centric information technology, cloud-based capabilities, advanced networking, and cybersecurity, voice, video and data communications, system solutions and services to satisfy Air Force and DoD combat support, command, control, computing, communications, and intelligence, surveillance and reconnaissance requirements worldwide. Booz Allen possesses both a Capability Maturity Model Integration Level 3 rating as well as International Organization for Standardization 20000 and ISO 9001:2008 certifications. The NETCENTS-2 Network Operations and Infrastructure Solutions award is the third IDIQ award Booz Allen has received under the NETCENTS-2 umbrella contract.
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