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Stock Market & Financial Investment News

News Breaks
March 27, 2014
12:29 EDTLMT, UTX, GD, NOC, RTN, BAESY, BAState department halts licenses for defense exports to Russia, Bloomberg says
In a further sanction action against Russia, the U.S. issued a hold on exports of goods and services for defense applications, reported Bloomberg, citing an agency official who spoke on condition of anonymity. Publicly traded companies in the defense space include BAE Systems (BAESY), Boeing (BA), General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC), Raytheon (RTN) and United Technologies (UTX). Reference Link
News For LMT;UTX;GD;NOC;RTN;BAESY;BA From The Last 14 Days
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August 19, 2014
16:45 EDTBABombardier shakes up commercial aircraft marketing division, WSJ says
Canadian transportation company Bombardier (BDRBF) has replaced its commercial aircraft marketing chief Philippe Poutissou with Ross Mitchell, says the Wall Street Journal. The moves come as part of a broader restructuring of Bombardier's marketing division as the company competes with Boeing (BA) and Airbus Group (EADSY), added the Wall Street Journal. Reference Link
09:09 EDTUTXUTC Aerospace Systems installs Cloud Cap Technology on Airbus Helicopters
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August 18, 2014
11:10 EDTRTNRaytheon eBorders ruling a positive for shares, says Wells Fargo
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09:31 EDTLMTLockheed Martin receives contract from US Navy to test FROTIS exoskeletons
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09:03 EDTRTNRaytheon receives arbitration award relating to the eBorders program
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August 17, 2014
17:56 EDTUTXBB&T, Juniper, two others look discounted, Barron's says
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August 15, 2014
18:06 EDTLMTLockheed Martin awarded $232.8M government contract modification
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $232,794,734 cost-plus-incentive-fee modification to the previously awarded F-35 Lightning II Low Rate Initial Production Lot VI contract. This modification provides for non-recurring sustainment activities, to include procurement of 19 training devices and 69 items of complex support equipment. Work is expected to be completed in June 2017. Fiscal 2012 aircraft procurement funds and international partner funds in the amount of $232,794,734 will be obligated at time of award, $190,999,120 of which will expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity
18:05 EDTNOCNorthrop Grumman awarded $240.7M government contract modification
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18:03 EDTRTNRaytheon awarded $109.1M government contract
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10:01 EDTNOCNorthrop Grumman selected by US Army to modernize Black Hawk cockpit
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August 14, 2014
17:49 EDTBABoeing awarded $295.64M government contract
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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.
08:36 EDTRTNRaytheon awarded $130M for Massachusetts electronic highway tolling system
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08:03 EDTRTNRaytheon awarded $11M laser weapons development contract by Marine Corps
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06:09 EDTUTX, BABoeing, 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
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