Lockheed Martin Slated to Win $3B F-35 Deal from Denmark
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 8:18AM CDT
Lockheed Martin Corp. (LMT) is all set to win another major contract for its F-35 fighter jet. The Danish government reached an agreement yesterday with coalition parties to go ahead with the purchase of 27 F-35A stealth fighter jets from Lockheed Martin.
EGL: 21.93 (-0.49), LMT: 237.95 (-2.63), LDOS: 48.00 (-0.46)
Northrop Secures $600M in Missile Contract Modification
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 8:53AM CDT
Northrop Grumman Corp.'s (NOC) Space & Mission Systems business unit has secured a modification contract from the missile defense agency to extend the period of performance of task orders.
EGL: 21.93 (-0.49), NOC: 215.05 (-2.31), LDOS: 48.00 (-0.46)
Boeing (BA) Wins $668M Army Deal for Apache Helicopters
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 6:17AM CDT
The Boeing Co. (BA) has won an undefinitized fixed-price-incentive contract for foreign military sales to Qatar, worth $667.5 million, from the U.S. Army.
EGL: 21.93 (-0.49), BA: 129.92 (-1.22), LDOS: 48.00 (-0.46), HEI: 64.91 (-1.64)
Engility to Present at the 2016 Drexel Hamilton Aerospace and Defense Conference
BusinessWire - Mon Jun 06, 12:00PM CDT
Engility Holdings, Inc. (NYSE: EGL), announced today that John Hynes, President and Chief Operating Officer, will present at the 2016 Drexel Hamilton Aerospace and Defense Conference in New York City on Thursday June 9, 2016, at approximately 10:45 a.m. Eastern Time.
EGL: 21.93 (-0.49)
Embraer Hits 52-Week Low, Closes Jet Production JV in China
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 6:28AM CDT
Embraer SA (ERJ) announced that it will close its business jet production factory in Harbin, China.
EGL: 21.93 (-0.49), ERJ: 20.47 (-0.04), BA: 129.92 (-1.22)
Boeing (BA) Wins $3.2B Air Force Contract for JDAM Tailkits
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 6:51AM CDT
The Boeing Co.'s (BA) business unit, Boeing Defense Space and Security, has won a fixed-price modification contract, worth $3.2 billion, from the U.S. Air Force to develop guidance systems for the Joint Direct Attack Munition.
EGL: 21.93 (-0.49), CAE: 12.81 (-0.06), BA: 129.92 (-1.22), HEI: 64.91 (-1.64)
Boeing/Lockheed JV Unit Secures $139M Air Force Contract
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 6:46AM CDT
United Launch Services, LLC ("ULS"
EGL: 21.93 (-0.49), LMT: 237.95 (-2.63), CAE: 12.81 (-0.06), BA: 129.92 (-1.22)
Lockheed Martin (LMT) Wins Navy Deal for MK 48 Torpedoes
Zacks Equity Research - Zacks Investment Research - Thu May 26, 9:17AM CDT
Lockheed Martin Corp. (LMT) has won a contract from the U.S. Navy to build the guidance and control systems for the MK 48 Mod 7 torpedoes.
EGL: 21.93 (-0.49), LMT: 237.95 (-2.63), CAE: 12.81 (-0.06)
L-3 Communications (LLL) Clinches $302M US Navy Contract
Zacks Equity Research - Zacks Investment Research - Thu May 26, 6:56AM CDT
L-3 Communications Vertex Aerospace LLC, a subsidiary of L-3 Communications Holdings Inc. (LLL), recently received a contract from the U.S. Navy for logistics services for the C-12 utility lift aircraft.
EGL: 21.93 (-0.49), CAE: 12.81 (-0.06), LLL: 144.97 (-1.23)
Embraer to Supply 23 Business Jets to Mexico-Based Across
Zacks Equity Research - Zacks Investment Research - Tue May 24, 8:52AM CDT
Embraer S.A. (ERJ) will supply 23 business jets to Across, a business aviation services provider.
EGL: 21.93 (-0.49), ERJ: 20.47 (-0.04), BA: 129.92 (-1.22)
Huntington Ingalls Wins $152M Contract for USS Enterprise
Zacks Equity Research - Zacks Investment Research - Tue May 24, 8:25AM CDT
Huntington Ingalls Industries, Inc. (HII) has won a contract from the U.S. Navy for advance planning of the detail design and production of the fiscal 2018 nuclear powered aircraft carrier, USS Enterprise (CVN 80).
HII: 159.50 (-3.66), EGL: 21.93 (-0.49), CAE: 12.81 (-0.06)
Lockheed's Strategic Moves Impress, Backlog Raises Concern
Zacks Equity Research - Zacks Investment Research - Mon May 23, 9:12AM CDT
We issued an updated research report on the prime defense contractor Lockheed Martin Corp. (LMT) on May 20, 2016.
EGL: 21.93 (-0.49), LMT: 237.95 (-2.63), TDG: 258.83 (-2.27), CAE: 12.81 (-0.06)
General Dynamics (GD) Unit Wins $47M U.S. Navy Contract
Zacks Equity Research - Zacks Investment Research - Mon May 23, 8:34AM CDT
General Dynamics Corporation's (GD) business unit, General Dynamics Information Technology, has won a contract from the U.S. Navy to provide information technology services and support for security aid to the NAVSUP WSS
GD: 139.11 (-2.42), EGL: 21.93 (-0.49), CAE: 12.81 (-0.06)
Boeing Wins $11.3B Order from VietJet for 737 MAX Airplanes
Zacks Equity Research - Zacks Investment Research - Mon May 23, 8:26AM CDT
The Boeing Co. (BA) has won an order worth $11.3 billion at list prices from VietJet Aviation Joint Stock Company, a Vietnamese carrier, for 100 737 MAX 200 airplanes.
EGL: 21.93 (-0.49), CAE: 12.81 (-0.06), BA: 129.92 (-1.22)
L-3 Communications Hits 52-Week High on Rating Upgrade
Zacks Equity Research - Zacks Investment Research - Fri May 20, 9:26AM CDT
Shares of L-3 Communications Holdings Inc. (LLL) scaled a new 52-week high of $138.00 on May 19, before eventually closing a little lower at $136.85.
EGL: 21.93 (-0.49), CAE: 12.81 (-0.06), LLL: 144.97 (-1.23)
Lockheed Martin (LMT) Wins $332M FMS Contract for GMLRS
Zacks Equity Research - Zacks Investment Research - Fri May 20, 8:20AM CDT
Lockheed Martin Corp.'s (LMT) Missiles and Fire Control division has won a foreign military sales (FMS) contract from the U.S. Army for international allies, Israel, Finland, Jordan and Singapore. The contract is valued at $331.8 million.
EGL: 21.93 (-0.49), LMT: 237.95 (-2.63), TDG: 258.83 (-2.27), CAE: 12.81 (-0.06)
Lockheed Martin's (LMT) Sikorsky Wins Black Hawk Contract
Zacks Equity Research - Zacks Investment Research - Thu May 19, 8:06AM CDT
Lockheed Martin Corp.'s (LMT) unit Sikorsky Aircraft Corp. won a contract from the U.S. Army for UH-60M Black Hawk helicopters. This is a modification contract valued at $88.1 million.
EGL: 21.93 (-0.49), LMT: 237.95 (-2.63), UTX: 101.21 (-0.79), TDG: 258.83 (-2.27)
Why the Earnings Streak Will Continue for Engility Holdings (EGL)
Zacks Equity Research - Zacks Investment Research - Thu May 19, 7:31AM CDT
Engility Holdings, Inc. (EGL), a firm in the defense space, which could be a great candidate for another beat.
EGL: 21.93 (-0.49)
Northrop Grumman (NOC) Increases Annual Dividend by 12.5%
Zacks Equity Research - Zacks Investment Research - Wed May 18, 8:25AM CDT
Northrop Grumman Corp. (NOC) announced that its board of directors has approved an increase in the quarterly dividend rate by 10 cents, bringing the annualized payout to $3.60 per share, up 12.5% from $3.20 paid earlier.
EGL: 21.93 (-0.49), LMT: 237.95 (-2.63), NOC: 215.05 (-2.31), CAE: 12.81 (-0.06)
Lockheed Hellfire Missiles for UAE Get State Department Nod
Zacks Equity Research - Zacks Investment Research - Tue May 17, 8:58AM CDT
The U.S. Defense Security Cooperation Agency ('DSCA'
EGL: 21.93 (-0.49), LMT: 237.95 (-2.63), CAE: 12.81 (-0.06)