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Stock Market & Financial Investment News

News Breaks
February 14, 2013
13:16 EDTTXTAAI Logistics & Technical Services win logistics contract worth $7M
AAI Logistics & Technical Services, an operating unit of Textron Systems, a Textron company, announced that it has been selected by Naval Supply Systems Command Weapon Systems Support in Philadelphia, Pa., to deliver PBL support for the EA-6B Prowler, E2C Hawkeye, and C-2 Greyhound aircraft. The three-year base contract allows two one-year options and has a total potential value of $7 million over five years.
News For TXT From The Last 14 Days
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March 4, 2015
07:48 EDTTXTTextron unit, Air Methods reach agreement for 200 Bell 407GXP helicopters
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February 23, 2015
06:51 EDTTXTAerospace sector downgraded to Neutral from Attractive at Goldman
Goldman downgraded the Aerospace sector to Neutral based on group outperformance and increased downside risks. The firm believes Boeing (BA) and Airbus are now oversupplying the market after a decade of undersupply and replacement demand required to sustain production may prove difficult to achieve. Goldman said accelerated new aircraft replacements was partially due to fuel economics and lower fuel prices and global growth volatility could substantially change Aerospace dynamics. As part of the sector view change, Goldman downgraded Boeing to Sell from Neutral and Precision Castparts (PCP) to Natural from Buy.

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