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Stock Market & Financial Investment News

News Breaks
February 25, 2014
08:05 EDTUTX, XLSExelis 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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May 26, 2015
17:55 EDTXLSS&P announces changes to the S&P 400, 600 indices
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17:20 EDTXLSBank of the Ozarks to replace Exelis in S&P 400 as of 5/28 close
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09:01 EDTXLSExelis awarded blanket purchase agreement by Department of Interior
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May 22, 2015
09:21 EDTXLSExelis shareholders approve acquisition by Harris
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09:04 EDTXLSExelis says DHS, Coast Guard to trial eLORAN
Exelis, UrsaNav, the Department of Homeland Security’s Science and Technology Directorate and the U.S. Coast Guard have entered into a cooperative research and development agreement for testing and demonstration at former LORAN-C sites. These sites are the legacy ground-based radio navigation infrastructure of the decommissioned LORAN-C service that could be retained and upgraded to provide eLORAN low frequency service. The team will evaluate eLORAN as a potential complementary system to the current Global Positioning System currently in wide use throughout the United States. The capabilities and potential utilization methods of eLORAN will be explored in depth to identify all strengths, capacities, and potential vulnerabilities of the technology.
May 21, 2015
12:20 EDTXLSExelis to host special shareholder meeting
Special shareholder meeting to approve the merger agreement with Harris Corporation will be held in McLean, Virginia on May 22 at 9 am.
May 20, 2015
11:45 EDTXLSExelis, Leidos selected for five-year DARPA ARC subcontract
Exelis (XLS) and Leidos (LDOS) have been selected to continue to evolve advanced technology development for the Defense Advanced Research Projects Agency's Adaptive Radar Countermeasures program. The five-year subcontract from Leidos could be worth up to $15.6M if all options are exercised. During this second phase of the program, Exelis will demonstrate the Leidos software-based algorithms with Exelis electronic warfare hardware in the loop test environment, showcasing an enhanced capability to electronically defend against emerging radar threats. The ARC program will enable U.S. airborne EW systems to detect and adaptively counter radar systems whose waveforms and behaviors are new, unknown or ambiguous.
06:06 EDTUTXUnited Technologies in talks to sell Sikorsky unit, WSJ reports
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May 19, 2015
07:18 EDTUTXElectric Products Group to hold a conference
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May 18, 2015
07:46 EDTXLSExelis achieves factory acceptance testing for Aireon's ADS-B system
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May 15, 2015
18:40 EDTUTXPratt & Whitney awarded $105M government contract modification
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