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Stock Market & Financial Investment News

News Breaks
June 8, 2014
18:20 EDTRTN, NOC, LMTRaytheon, Lockheed Martin, Northrop Grumman could see cutbacks, Barron's says
The increase in healthcare costs could cause further government cutbacks which could crimp revenues for Raytheon (RTN), Lockheed Martin (LMT), and Northrop Grumman (NOC), Barron's contends in a feature article. Reference Link
News For RTN;LMT;NOC From The Last 14 Days
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November 21, 2014
17:07 EDTLMTLockheed Martin awarded $4.12B government contract modification
Lockheed Martin Corp., Lockheed Martin Aeronautics, is being awarded a $4.12B modification to a previously awarded fixed-price-incentive firm-target contract for the production of 43 Low Rate Initial Production Lot VIII F-35 Lightning II aircraft.
10:00 EDTLMTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Best Buy (BBY) upgraded to Outperform from Market Perform at Telsey Advisory... BlackRock (BLK) upgraded to Outperform from Market Perform at Bernstein... Cerner (CERN) upgraded to Outperform from Market Perform at Cowen... Community Health (CYH) upgraded to Outperform from Market Perform at Raymond James... Lockheed Martin (LMT) upgraded to Neutral from Sell at UBS... Teekay Offshore Partners (TOO) upgraded to Buy from Neutral at Citigroup... Trinity Industries (TRN) upgraded to Buy from Neutral at Longbow... Zebra Technologies (ZBRA) upgraded to Overweight from Neutral at JPMorgan... Ross Stores (ROST) upgraded to Hold from Sell at Maxim... St. Jude Medical (STJ) upgraded to Outperform from Market Perform at Cowen... Wolverine World Wide (WWW) upgraded to Buy from Neutral at DA Davidson... D.R. Horton (DHI) upgraded to Market Perform from Underperform at Raymond James... KB Home (KBH) upgraded to Market Perform from Underperform at Raymond James... Sony (SNE) upgraded to Overweight from Neutral at JPMorgan.
05:53 EDTLMTLockheed Martin upgraded to Neutral from Sell at UBS
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November 20, 2014
08:04 EDTNOCNorthrop Grumman appoints Patrick M. Antkowiak as CTO
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November 19, 2014
13:16 EDTNOCNorthrop Grumman awarded $121M contract by NASA
Northrop Grumman Corporation has been awarded a $121M contract by NASA to build and deliver the third Advanced Technology Microwave Sounder for NOAA's Joint Polar Satellite System. Under the cost-plus-award-fee contract, Northrop Grumman will manufacture, test and deliver the ATMS instrument, support instrument integration on the JPSS-2 spacecraft, and provide launch and post-launch support. This ATMS instrument will be the third flight unit overall and is slated for launch on the second JPSS satellite in 2021. The second ATMS is scheduled for delivery in the spring of 2015 to fly aboard the JPSS-1 satellite, which is scheduled to launch in 2017. NASA is responsible for developing and building the JPSS instruments and spacecraft, and NOAA is responsible for operating the JPSS satellites and providing data to users around the globe.
09:13 EDTNOCNorthrop Grumman to hold a media briefing
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November 18, 2014
09:02 EDTNOCNorthrop Grumman awarded $116M contract by U.S. military
Northrop Grumman has received an award of $116M to upgrade AN/AAQ-28 LITENING Advanced Targeting Systems for the U.S. military. Under the terms of the existing indefinite delivery/indefinite quantity contract, Northrop Grumman will provide upgrades and spares to the Air Force, Air Force Reserve, Air National Guard and Marine Corps. This award will bring all Air Force Block 1 pods to the G4 configuration, completing the service's transition to the latest version of the LITENING system.
November 17, 2014
08:18 EDTNOCNorthrop Grumman awarded Marine Corp. helicopter computer contract
Northrop Grumman has been awarded a contract from Naval Air Systems Command to deliver its next-generation mission computer for the Marine Corps' H-1 helicopter upgrade program. Under this contract, Northrop Grumman will provide FlightPro Gen III mission computers for the UH-1Y and AH‑1Z aircraft. These aircraft will be the first to benefit from the latest model in the FlightPro product line. Deliveries will be completed by October 2017.
November 14, 2014
10:00 EDTRTNOn The Fly: Analyst Upgrade Summary
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09:31 EDTNOCNorthrop Grumman downgraded to Hold from Buy at Drexel Hamilton
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09:02 EDTNOCNorthrop Grumman awarded $210M contract from US Air Force
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07:47 EDTRTNRaytheon upgraded to Outperform at Cowen
As reported previously, Cowen upgraded Raytheon to Outperform from Market Perform based on U.S. share gains, foreign sales reorganization, and improved visibility. The firm raised its price target on the stock to $120 from $105.
06:15 EDTLMTLockheed Martin pursuing new markets amid cuts in weapons budget, WSJ reports
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06:09 EDTRTNRaytheon upgraded to Outperform from Market Perform at Cowen
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November 13, 2014
07:38 EDTLMTBloomberg Link to hold a conference
The Year Ahead: 2015 is being held in Washington, D.C. with a pre-conference dinner on November 13 followed by company presentations on November 14,
November 12, 2014
11:03 EDTNOCNorthrop Grumman awarded $306M contract from DoD
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08:05 EDTNOCGoldman to hold a conference
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November 11, 2014
10:05 EDTLMTLockheed Martin awarded $40.3M contract from US Air Force
Lockheed Martin received a $40.3M contract from the U.S. Air Force for follow-on production of Paveway II Plus Laser Guided Bomb kits. The contract represents the majority share of fiscal year 2014 funding and the eighth award under the five-year indefinite delivery, indefinite quantity contract. Deliveries will begin in June 2015 and will include computer control groups and airfoil groups for GBU-10 and GBU-12 bombs. The Paveway II Plus LGB kits incorporate an upgraded laser guidance package, significantly improving overall system performance and precision.
November 10, 2014
15:43 EDTLMTAmerican Petroleum Institute to hold a conference
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08:08 EDTRTNRaytheon awarded $13.5M task order modification on FOCUS contract
Raytheon and its partner team have been awarded a $13.5M task order modification on the Warfighter Field Operations Customer Support contract to add more Afghan pilots to the New Dawn training program. An additional 24 fixed-wing and four rotary-wing Afghan Air Force pilots will be trained. Based in the United Arab Emirates, the New Dawn program trains Afghan Air Force Officers to a level equivalent to a commercial pilot certification. Upon graduation, the pilots return to Afghanistan for service as aviators in that nation's Air Force.

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