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Stock Market & Financial Investment News

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July 15, 2014
06:56 EDTLMT, UTXU.S. officials remove grounding order for Lockheed F-35s, Reuters says
U.S. military officials removed a fleet-wide grounding order for Lockheed Martin (LMT) F-35 fighter jets, upping the chances that the newest U.S. combat plane will make its international debut before possible purchasers this week, according to Reuters, citing sources familiar with the matter. The sources noted that U.S. officials are still keeping some operating restrictions on the plans due to an ongoing probe into the failure of the Pratt & Whitney F135 engine on a U.S. Air Force jet last month. Pratt & Whitney is owned by United Technologies (UTX). Reference Link
News For LMT;UTX From The Last 14 Days
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July 17, 2014
07:30 EDTUTXUnited Technologies' Pratt & Whitney signs depot contract with AIM Norway
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06:41 EDTLMTDefense Department to seek rival bids for satellite launches, WSJ reports
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July 16, 2014
08:10 EDTUTXBoeing, Airbus narrow engine choices in move toward efficient jets, WSJ says
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08:03 EDTLMTLockheed Martin receives letter of intent for up to 10 LM-100J freighters
Lockheed Martin signed a Letter of Intent with ASL Aviation Group for an order of up to 10 LM-100J commercial freighters, a civil-certified variant of the C-130J Super Hercules .
07:45 EDTUTXUnited Technologies to supply PurePower engines to 50 Embraer E-Jets
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07:42 EDTUTXUnited Technologies to supply PurePower engines for Air Mandalay
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05:45 EDTUTXUTC Aerospace and Selex plan development program
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05:43 EDTUTXUTC Aerospace extends long term C.A.R.E. agreement with All Nippon Airways
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05:42 EDTUTXAsiana Airlines signs on to UTC Aerospace Systems C.A.R.E. program
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July 15, 2014
18:41 EDTUTX, LMTF-35 Farnborough debut cancelled due to engine fire, WSJ says
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11:21 EDTLMTLockheed Martin opens U.K. space technology office
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09:11 EDTUTXAzul selects Pratt & Whitney engines to power thirty Embraer E-Jets E2
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08:17 EDTUTXPhilippine Airlines to power ten aircrafts with Pratt & Whitney Engines
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07:57 EDTUTXSaudiGulf Airlines selected the IAE V2500 engines
SaudiGulf Airlines has selected the International Aero Engines, or IAE, V2500 engine to power four A320ceo aircraft and has also signed an eight-year V- Services maintenance service agreement with IAE. SaudiGulf is a new airline based in the Kingdom of Saudi Arabia with headquarters in Dammam and is planning to commence services in 2015. IAE is a multinational aero engine consortium whose shareholders are comprised of Pratt & Whitney - a subsidiary of United Technologies- Pratt & Whitney Aero Engines International, Japanese Aero Engines Corporation and MTU Aero Engines.
07:26 EDTUTXUBS to hold events at Farnborough Air Show
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07:17 EDTLMTFarnborough International to hold air show
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06:56 EDTUTX, LMTU.S. officials remove grounding order for Lockheed F-35s, Reuters says
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05:50 EDTUTXUTC Aerospace to provide wheels, brakes, MRO to Cathay Pacific Airways
UTC Aerospace Systems has been selected by Cathay Pacific Airways to supply the wheels and carbon brakes for its fleet of forty eight A350-900/A350-1000 aircraft on firm orders. The company will provide the equipment through its Landing Systems facility in Troy, Ohio. Cathay Pacific Airways will take delivery of their first A350-900 aircraft in 2016. UTC Aerospace Systems is a unit of United Technologies.
05:49 EDTUTXUnited Technologies to provide wheels, brakes to Jet Airways, Jet Lite
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05:39 EDTUTXUnited Technologies, Firth Rixson sign ten-year agreement valued over $1B
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