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Stock Market & Financial Investment News

News For NOC;BA;BAESY;LLL;FLIR;COL;LMT;RTN;GD;LMIA From The Last 14 Days
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October 13, 2014
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 EDTBA, GD, BAESY, NOC, RTN, LMTObama 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
October 8, 2014
14:04 EDTGDGeneral Dynamics subsidiary receives FAA certification of G650ER
Gulfstream Aerospace Corp., a subsidiary of General Dynamics, announced that its flagship Gulfstream G650ER has been certified by the FAA. The certification verifies the airworthiness of the aircraft's design and clears the way for G650ER deliveries to begin.
08:19 EDTBAAerCap reports 134 aircraft transactions completed during Q3
AerCap Holdings (AER) announced the completion of 134 aircraft transactions during Q3. Signed lease agreements for 84 aircraft. Delivered 26 aircraft under contracted lease agreements. Purchased nine new aircraft, including five Boeing (BA) 787-8s, three Boeing 737-800s and one Airbus (EADSY) A321-200. Executed sale and part-out transactions for 15 aircraft, including: one Airbus A300-600F, one Airbus A340-300, eight Boeing B737 classics, one Boeing B767-300ER and two MD-11s from AerCap's owned portfolio. One Boeing 737 classic and one Airbus A320-200 from AerCap's managed portfolio. Signed financing transactions for $1.5B, including the previously announced private offering of $800M. The total financing transactions completed year-to-date amount to $8.9B.
08:07 EDTLMTExelis awarded follow-on contract for Lockheed Martin's JASSM
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08:02 EDTRTNRaytheon realize savings of $300M for U.S. Army on Warfighter training program
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07:52 EDTNOCNorthrop Grumman selects ANSYS solutions for Black Hawk cockpit system
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07:19 EDTRTNRaytheon contemplates agreement with Qatar before 2014 end, Reuters says
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