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Stock Market & Financial Investment News

News Breaks
August 5, 2014
07:31 EDTSPARSpartan Motors reports Q2 EPS 1c, consensus (2c)
Reports Q2 revenue $115.8M, consensus $124.3M; Reports Q2-end order backlog $246.7M
News For SPAR From The Last 14 Days
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November 24, 2014
08:48 EDTSPARSpartan Chassis awarded ILAV subcontract by BAE Systems
Spartan Chassis, a business unit of Spartan Motors (SPAR), announced that its Defense and Government operating group has been awarded a subcontract from defense contractor BAE Systems (BAESY) to support the production of 22 International Light Armored Vehicles, or ILAVs. The subcontract is the second delivery order against a three year Indefinite Delivery, Indefinite Quantity, or IDIQ, contract and validates the diversified growth and operational strengths of the Spartan Defense and Government, or SDG, business unit. These vehicles perform specialized, mission-critical tasks such as supporting convoy operations, investigating possible improvised explosive devices, or IEDs, and additional rapid response needs. Under the terms of the subcontract, Spartan will provide automotive integration, final assembly, coordination of Government inspection and delivery to the Government. Production for the units will begin in February 2015 on Spartan's Charlotte campus with an expected completion of June 2015.
November 18, 2014
12:44 EDTSPARSpartan Motors management to meet with Sidoti
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