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Stock Market & Financial Investment News

News Breaks
January 10, 2014
07:54 EDTRYCEY, BA, LMT, NOCRolls-Royce to cut about 400 U.S. defense jobs, WSJ reports
Rolls-Royce Holdings will cut 8% of its global defense workforce, eliminating over 400 jobs mainly in the U.S., as pressure grows to lower costs, reports the Wall Street Journal.Reference Link
News For RYCEY;LMT;BA;NOC From The Last 14 Days
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May 28, 2015
11:03 EDTBABoeing reports two new orders since last update
Boeing, in an order update posted to its corporate website, reported two new orders from an unidentified customer or customers for two 737s.
May 27, 2015
16:09 EDTNOCNorthrop Grumman passes key design review for B-2 weapons program
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15:07 EDTBABoeing awarded first-ever commercial human spaceflight mission
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09:08 EDTNOCNorthrop Grumman passes key design review for B-2 weapons program
Northrop Grumman has demonstrated to the U.S. Air Force that its plans to upgrade key weapons management software for the B-2 stealth bomber are on track and ready to proceed to the next level of development. The company successfully completed the critical design review of the service's Flexible Strike Phase 1 program on Feb 3.
09:07 EDTLMTLockheed Martin awarded 472M contract from U.S. Coast Guard
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May 26, 2015
07:10 EDTBA, LMT, NOCLockheed Martin, Boeing may bid for GBP2B MoD contract, Independent says
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May 21, 2015
17:31 EDTLMTLockheed Martin awarded $735.51M government contract
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11:07 EDTBABoeing reports three new orders since last update
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May 20, 2015
08:27 EDTLMTIBM unit sale to Lenovo raises saftey concerns for Navy, WSJ reports
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07:41 EDTBAThe Wings Club holds a luncheon meeting
Luncheon Meeting with David Longridge, President of Boeing Business Jets, is being held in Geneva, Switzerland on May 20 at 11:45 am.
07:01 EDTNOCNorthrop Grumman increases quarterly dividend by 14% to 80c
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06:06 EDTLMT, BAUnited Technologies in talks to sell Sikorsky unit, WSJ reports
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May 18, 2015
16:16 EDTBABoeing Business Jets receives two orders for BBJ, BBJ 787-8 Dreamliner jets
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14:03 EDTNOCNorthrop Grumman says U.S. Navy approves use of VMS in nuclear submarines
Northrop Grumman reports that the U.S. Navy has approved the use of the company's voyage management system 9.3 onboard SSN and SSGN nuclear powered submarines. The VMS software will be installed on 55 SSNs and four SSGNs. Installations have already begun and will be completed by the end of 2016.
10:11 EDTRYCEYRolls-Royce to cut 600 employees in Marine business by end of this year
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10:09 EDTLMTLockheed Martin to provide online flight planning services under FAA contract
The FAA) has selected Lockheed Martin to provide online flight service tools to the general aviation community, helping them to plan and navigate the national airspace Under the Direct User Access Terminal Service II contract, Lockheed Martin expands their current work to provide weather information, flight plan processing and in-flight support to pilots.
07:54 EDTBADeutsche still prefers Boeing over Precision Castparts
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May 17, 2015
20:11 EDTBABoeing may move jobs overseas if U.S. Export-Import Bank fails, FT says
In a Financial Times interview regarding the uncertain future of the U.S. Export-Import bank, Boeing Capital's regulatory strategy chief Scott Scherer said Boeing "is not going to let itself be hurt by the lack of an ExIm Bank... If it means sourcing... to other countries who will support us we may have to look at that. Other countries have more aggressive export policies. We will find an alternative." Reference Link
May 15, 2015
18:12 EDTLMT, BALockheed Martin, Boeing JV to cut executive ranks by 30%, Reuters reports
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08:00 EDTLMTReport claims Lockheed beats Raytheon for missile shield pact, Reuters says
German newspaper Sueddeutsche Zeitung reported that Germany's defense ministry has decided to award a Lockheed Martin (LMT) led consortium one of the most expensive defense projects of the next decade by supposedly selecting its MEADS missile defense system over Raytheon's (RTN) next-generation Patriot system, though a U.S.-based source called the German report "absolutely incorrect," according to Reuters. Reference Link

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