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Stock Market & Financial Investment News

News For FLIR;COL;GD;BAESY;NOC;LMT;RTN;LMIA;BA;LLL From The Last 14 Days
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October 13, 2014
10:17 EDTBAEbola related weakness in aerospace stocks seen as buying opportunity
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10:08 EDTGD, LLLOn The Fly: Analyst Upgrade Summary
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09:02 EDTBAESYGE receives order from BAE Systems for 3U VPX rugged systems
GE’s Intelligent Platforms business (GE) announced at AUSA that it had received a $2.6M order from BAE Systems Platforms and Services (BAESY) for a quantity of its latest generation 3U VPX COTS Rugged Systems that deliver an advanced HPEC capability. The COTS Rugged Systems will be deployed as part of the US Army’s CETU which sees in-vehicle training and simulation incorporated into the Bradley Fighting Vehicle.
08:28 EDTLLLL-3 Communications upgraded to Fair Value from Sell at CRT Capital
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07:42 EDTGDGeneral Dynamics upgraded to Buy from Neutral at Buckingham
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07:26 EDTBACommercial aerospace stocks should be bought on any weakness, says Wells Fargo
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07:15 EDTLLL, RTNNational Association of Corporate Directors to hold a conference
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October 12, 2014
19:41 EDTBABoeing and Garuda Indonesia announce $4.9B order
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October 10, 2014
18:51 EDTBADOJ orders Boeing to pay $23M to resolve False Claims Act allegations
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15:34 EDTLLLL-3 Communications confirms review of Aerospace Systems segment complete
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14:38 EDTLLLL-3 Communications overhang removed, says Oppenheimer
Oppenheimer said L-3 Communications' accounting revision removes an overhang.
14:32 EDTLLLL-3 Communications received subpoenas over accounting errors
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14:09 EDTLLLL-3 Communications discloses material weaknesses in Aerospace unit
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October 9, 2014
16:53 EDTLLLPointState Capital reports 6.0% passive stake in L-3 Communications
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13:56 EDTRTN, BA, BAESY, GD, LMT, NOCObama calls on Congress to lift defense spending cuts, Politico says
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11:27 EDTBAESYBAE Systems to cut 440 management jobs
BAE Systems has announced 440 potential managerial job losses within its Military Air & Information business. This proposal is driven by the organisation’s continuous drive for efficiency. Chris Boardman, Managing Director of BAE Systems MAI, commented: “It is always regrettable when you have to announce potential job losses. However, we believe that by implementing changes to our management structure we will become a more efficient and effective business, and be better placed to meet the needs of current and potential customers in what is an increasingly competitive market." Reference Link
06:22 EDTBACFM launches next phase of testing for LEAP engine
CFM International's LEAP engine took the skies for the first time on October 6 on a modified 747 flying testbed at GE Aviation Flight Test Operations in Victorville, California, launching the next phase of testing for the advanced engine program. The engine behaved well and completed multiple aeromechnical test points at various altitudes during the nearly three-hour first flight. Over the next several weeks, the engine will complete a comprehensive test schedule that will gauge engine operability, stall margin, performance, and acoustics. The LEAP-1A/-1C variants are on track for engine certification in 2015. The total program, which encompasses all three LEAP engine variants, includes 28 ground and CFM flight test engines, along with a total of 32 flight test engines for Airbus (EADSY), Boeing (BA), and COMAC. Although all three LEAP engine variants will fly on the modified testbed, the configuration currently being tested is a fully integrated propulsion system. CFM is a joint venture between GE (GE) and France's Safran. Reference Link
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