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Stock Market & Financial Investment News

News Breaks
February 25, 2014
08:05 EDTXLS, UTXExelis receives contract worth over $34M from Sikorsky
Exelis (XLS) has been awarded a contract valued in excess of $34M from Sikorsky (UTX) to produce major structural airframe components for four production-representative CH-53K heavy lift helicopters. Designated as System Demonstration Test Articles, the four aircraft will enable the U.S. Marine Corps to conduct operational evaluation of the new helicopter system beginning in 2017. Exelis will fabricate and assemble the composite sponsons, the tail rotor pylon and the horizontal stabilizer of the CH-53K heavy lift helicopter. Production will take place at the Exelis composite design and manufacturing center in Salt Lake City, Utah.
News For XLS;UTX From The Last 14 Days
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September 17, 2014
18:43 EDTUTXUnited Technologies subsidiary wins patent infringement case
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10:00 EDTUTXOn The Fly: Analyst Initiation Summary
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September 16, 2014
16:33 EDTUTXUnited Technologies initiated with a Hold at Stifel
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16:04 EDTUTXUnited Technologies seeks big deals but says pipeline 'not robust,' Reuters says
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07:15 EDTUTXPratt expects upcoming F-35 agreements to reduce espenses, Reuters says
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06:54 EDTUTXGE evades geared design in jet engine war versus Pratt, Reuters says
GE's (GE) Chief Technology Officer Mark Little said that the company evaded using a geared design for its new engine for narrowbody aircrafts due to worries about weight and soundness, as the company duels with competitor Pratt & Whitney for engine orders, according to Reuters, citing comments from Little. Pratt & Whitney is part of United Technologies (UTX). Reference Link
06:29 EDTUTXPratt & Whitney close to engine supply deal with Pentagon, WSJ reports
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September 15, 2014
17:36 EDTUTXSikorsky Aircraft awarded $203.57M government contract modification
Sikorsky Aircraft, a United Technologies company, was awarded a $203.57M modification to firm-fixed-price contract W58RGZ-12-C-0008 to procure 18 Green UH-60M Blackhawk helicopters, and 18 foreign military sales Green government furnished property to contractor furnished property, to support the Mexican Air Force. FY14 other procurement funds in the amount of $203.57M were obligated at the time of the award. Estimated completion date is May 30, 2016.
September 12, 2014
10:00 EDTXLSExelis receives $8M order for night vision equipment from U.S. Army
Exelis has been awarded a contract valued at $8M to provide the U.S. Army with Generation 3 night vision equipment. The award is under the U.S. Army-managed OMNI VIII indefinite-delivery, indefinite-quantity contract awarded to Exelis in 2011. Delivery for this latest order is scheduled to take place during late 2014 and early 2015.
September 9, 2014
07:10 EDTXLSGabelli to hold a conference
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September 8, 2014
08:05 EDTXLSExelis board approves spin-off of Vectrus
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September 6, 2014
17:51 EDTUTXUnited Technologies could return 20%, Barron's says
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