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News Breaks
May 22, 2014
10:31 EDTXLS, GDExelis awarded two contracts by General Dynamics UK for $617M
Exelis (XLS) was awarded two contracts by General Dynamics (GD) UK to support U.K. Ministry of Defence tactical communications modernization and logistics, supply and support for existing tactical radios. The Exelis work will support General Dynamics’ recently announced contract award from the MoD valued at $617M. The first award is a five-year contract to provide post-engineering design services for VHF and UHF radios manufactured by Exelis for the U.K. Bowman team. Exelis was the manufacturer of those radios as part of the General Dynamics U.K.-led Bowman program. The second contract is a five-year contract for logistics, supply and support of current tactical radios fielded as part of the Bowman program. This support will include replacements and repairs of existing radios currently being used by the MoD.
News For XLS;GD From The Last 14 Days
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October 23, 2014
11:11 EDTGDGeneral Dynamics unit receives $18.9M contract from U.S. Navy
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10:01 EDTGDGeneral Dynamics receives DMCC contract from NSA
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October 22, 2014
09:14 EDTGDGeneral Dynamics: Aerospace to enjoystrong order intake in Q4
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09:14 EDTGDGeneral Dynamics raises FY14 EPS cont ops to 7.60-$7.70 from $7.40-$7.45
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07:07 EDTGDGeneral Dynamics reports end Q3 backlog $74.4B
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07:06 EDTGDGeneral Dynamics reports Q3 EPS $2.06, consensus $1.91
Reports Q3 revenue $7.75B, consensus $7.58B. Company-wide operating margins for Q3 were 12.9%, 50 basis points higher than third-quarter 2013 margins.
October 21, 2014
15:35 EDTGDNotable companies reporting before tomorrow's open
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October 17, 2014
16:56 EDTGDLongview Asset reports 9.97% stake in General Dynamics
October 16, 2014
14:58 EDTGDArmy poised to order more Stryker vehicles, Defense News says
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14:55 EDTGDTeledyne awarded major marine defense electronics contract from General Dynamics
Teledyne Technologies (TDY) announced that its Teledyne Oil & Gas group has been awarded a contract by General Dynamics Electric Boat of Groton, (GD) for materials and engineering support covering electrical and fiber optic interconnect assembly hardware primarily from Teledyne’s DGO business unit based in Portsmouth, New Hampshire. This contract represents the largest single award in the fifty-plus-year history of Teledyne DGO and directly supports the U.S. Navy’s Virginia-class submarine program. The contract is a multi-year award, covering a total of ten ship-sets, with manufacturing to commence in 2015.
October 14, 2014
17:29 EDTGDU.S. Army may revive Ground Combat Vehicle program, WSJ says
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07:11 EDTXLSAssociation of the U.S. Army to hold annual meeting
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October 13, 2014
10:08 EDTGDOn The Fly: Analyst Upgrade Summary
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08:01 EDTXLSExelis awarded task order by U.S. Army Contracting Command
The U.S. Army Contracting Command has awarded Exelis a task order to deliver a limited quantity of SideHat SRW Applique radios for evaluation. SideHat provides a critical networking capability specifically developed for the vehicular electromagnetic and physical environment experienced on the battlefield. The task order was from an indefinite-delivery, indefinite-quantity contract awarded to the company in April for the specific purpose of providing SRW applique radios.
07:42 EDTGDGeneral Dynamics upgraded to Buy from Neutral at Buckingham
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