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Stock Market & Financial Investment News

News For GD;NOC;LMT;BA From The Last 14 Days
Check below for free stories on GD;NOC;LMT;BA the last two weeks.
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August 14, 2014
13:39 EDTBABoeing reports 10 new 777 orders in weekly update
Boeing in its weekly update reported 10 new 777 orders for unidentified customers.
10:01 EDTGD, LMTGD C4 Systems SATCOM Technologies receives contract from Lockheed
General Dynamics (GD) C4 Systems SATCOM Technologies received a contract from Lockheed Martin (LMT) to design and build the ground structures and integrate the mechanical systems for the U.S. Air Force Space Fence program. The new advanced ground-based radar system will enhance the way the U.S. detects and tracks more than 100K orbiting objects in space and increase the ability to prevent space-based collisions. The improved situational awareness will help protect space-based assets like the International Space Station from potential collisions that could severely damage, disable or destroy it. Construction of the Space Fence ground system will begin mid-2015 on the Kwajalein Atoll in the Republic of the Marshall Islands. The U.S. Air Force contract value awarded to Lockheed Martin is greater than $910M.
06:32 EDTBABoeing clears way for new 777X wing facility, Reuters says
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August 13, 2014
16:40 EDTBAAir Lease places two new Boeing 777-300ERS wth KLM
Air Lease announced long term lease agreements with KLM for two additional new Boeing (BA) 777-300ER aircraft, scheduled for delivery in 2H16 and early 2017. These aircraft placements are in addition to the two new 777-300ER aircraft scheduled for lease from ALC to KLM in early 2015 and early 2016.
10:01 EDTNOCNorthrop Grumman awarded $300M contract
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09:06 EDTNOCNorthrop Grumman's Remotec awarded $8.8M U.S. Navy contract
Northrop Grumman subsidiary Remotec has been awarded an $8.8M contract by the U.S. Navy to repair and upgrade 103 MK3 Series Remote Ordnance Neutralizations Systems, increasing the capabilities and availability of the explosive ordnance disposal robots. The Naval Surface Warfare Center, Indian Head Explosive Ordnance Disposal Technology Division, Indian Head, Maryland, awarded Remotec a sole-source, indefinite delivery, indefinite quantity contract (which has a potential value of more than $12M if contract options are exercised.
06:09 EDTBABoeing, Sikorsky selected to build Technology Demonstrator
Sikorsky Aircraft, a subsidiary of United Technologies (UTX) and Boeing (BA) have been selected to build a helicopter for the U.S. Army’s Joint Multi-Role Technology Demonstrator Phase 1 program, paving the way for the next generation of vertical lift aircraft. The U.S. Army Aviation Technology Directorate selected the Sikorsky-Boeing team to continue the development of the SB>1 Defiant, a medium-lift helicopter configured to Sikorsky’s X2 coaxial design, through flight testing. First flight for the program is expected in 2017. Reference Link
August 12, 2014
11:01 EDTNOCNorthrop awarded $3M contract from Johns Hopkins University APL
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09:22 EDTLMTLockheed Martin names Brian Colan as Chief Accounting Officer
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06:29 EDTBABoeing sees most defense arm reductions from supply chain, Reuters says
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August 11, 2014
06:50 EDTNOC, LMT, BAJason Communications to sponsor a symposium
17th Annual Space and Missile Defense Symposium to be held in Huntsville, Alabama on August 11-14.
August 8, 2014
18:26 EDTBABoeing 787 production snags re-emerge at assembly plant, Reuters reports
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18:02 EDTLMTLockheed Martin awarded $193.6M government contract modification
Lockheed Martin Mission Systems and Training, Moorestown, New Jersey, has been awarded a $193,610,317 modification to previously awarded contract number HQ0276-10-C-0001 for procurement of necessary material, equipment, and supplies to conduct the technical engineering to define, develop, integrate and test Aegis Ballistic Missile Defense 4.1 and 5.0 Capability Upgrade baselines through their respective certifications. This modification brings the total cumulative face value of the contract to $2,002,542,722 from $1,808,932,405. Work will be performed at Moorestown, New Jersey, with an expected completion date of May 31, 2016. Fiscal 2014 research, development, test and evaluation funds in the amount of $19,500,000 are being obligated at time of award. The Missile Defense Agency, Dahlgren, Virginia, is the contracting activity.
06:43 EDTBAReport says cold weather reason for Boeing battery meltdown, Reuters says
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August 7, 2014
17:41 EDTLMTLockheed Martin awarded $124.6M government contract
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11:18 EDTBABoeing reports 40 new orders in weekly update
Boeing announced 40 new orders in an update of its orders through August 5 to account for its previously announced order for 26 777s and 14 787s from All Nippon Airways. Reference Link
August 6, 2014
17:34 EDTLMTLockheed Martin awarded $116.72M government contract modification
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15:01 EDTNOCNorthrop awarded contract modification to continue BACN mission support
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10:37 EDTNOC, GDNorthrop awarded contracts from U.S. Navy, others for DDGs
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05:57 EDTBABoeing announces partnership with South African Airways
Boeing, South African Airways, or SAA, and SkyNRG announced they are collaborating to make sustainable aviation biofuel from a new type of tobacco plant. This initiative broadens cooperation between Boeing and SAA to develop renewable jet fuel in ways that support South Africa's goals for public health as well as economic and rural development. SkyNRG is expanding production of the hybrid plant known as Solaris as an energy crop that farmers could grow instead of traditional tobacco. Test farming of the plants, which are effectively nicotine-free, is underway in South Africa with biofuel production expected from large and small farms in the next few years. Initially, oil from the plant's seeds will be converted into jet fuel. In coming years, Boeing expects emerging technologies to increase South Africa's aviation biofuel production from the rest of the plant.
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