Factors That May Unsettle Stable Defense Stocks
Zacks Equity Research - Zacks Investment Research - Fri Aug 05, 4:11PM CDT
Factors That May Unsettle Stable Defense Stocks
ESL: 75.58 (+1.25), LMT: 255.42 (-0.22), CW: 89.93 (+0.61), ERJ: 18.21 (-0.15), MOG.A: 61.24 (+1.07), TGI: 32.26 (+1.07), CVU: 6.54 (-0.08), AIR: 23.77 (+0.29), LMIA: 7.26 (+0.06)
Downgrade Alert for BAE Systems (BAESY)
Comtex SmarTrend(R) - Wed Aug 03, 3:53AM CDT
BAE Systems (NASDAQ:BAESY) was downgraded from Outperform to Neutral at Credit Suisse today. The stock closed yesterday at $28.13 on volume of 39,000 shares, below average daily volume of 85,000. BAE Systems plc develops, delivers, and supports advanced defense and aerospace systems. The Group manufactures military aircraft, surface ships, submarines, radar, avionics, communications, electronics, and guided weapon systems. BAE Systems services clients located throughout the world.
Raytheon (RTN) Receives $523M FMS Contract for PATRIOT
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 6:38AM CDT
Raytheon Company (RTN) announced that it has won a foreign military sales contract worth $523.4 million from the U.S. Army to upgrade six PATRIOT fire units.
RTN: 142.59 (+0.52), TDG: 285.16 (+1.23), CAE: 14.25 (+0.08)
Boeing (BA) Set to Win $4 Billion Order for 747 Freighters
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 10:25AM CDT
The Boeing Co. (BA) seems to be nearing a $4 billion deal with Russia's air-freight company AirBridgeCargo Airlines. The deal, if it materializes, would give a much needed breathing space for the company's four-engine jumbo category, Boeing 747.
EGL: 30.34 (+0.44), BA: 135.00 (+0.28), LDOS: 39.45 (+0.95)
Aerojet Rocketdyne's AR1 Program Passes Preburner Tests
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 3:42PM CDT
Aerojet Rocketdyne Holdings, Inc.'s (AJRD) subsidiary, Aerojet Rocketdyne, reached full power during a significant preburner test series that was conducted at the NASA's Stennis Space Center earlier this month.
AJRD: 17.70 (+0.42), TDG: 285.16 (+1.23), CAE: 14.25 (+0.08)
3 New Strong Buy Momentum Stocks For June 17th
Adam Clark - Zacks Investment Research - Fri Jun 17, 3:26PM CDT
These 3 stocks were added today to the Zacks Rank #1 (Strong Buy) list, and they also happened to have A's for their Momentum Style Scores, as they have been on a roll as of late.
AMAT: 27.68 (+0.39), DCM: 26.79 (-0.05)
Raytheon (RTN) Gets ELCAN Specter Contract from Australia
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 8:46AM CDT
Raytheon Company's (RTN) unit, ELCAN Optical Technologies, has won a contract worth $54 million from Australia's Department of Defense.
RTN: 142.59 (+0.52), TDG: 285.16 (+1.23), CAE: 14.25 (+0.08)
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: 30.34 (+0.44), LMT: 255.42 (-0.22), LDOS: 39.45 (+0.95)
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: 30.34 (+0.44), NOC: 218.14 (-0.41), LDOS: 39.45 (+0.95)
Raytheon/Aerojet Rocketdyne Ink Strategic Sourcing Contract
Subarna Chaudhuri - Zacks Investment Research - Wed Jun 08, 6:14AM CDT
Raytheon Company (RTN) has signed a new strategic sourcing agreement ("SSA"
AJRD: 17.70 (+0.42), RTN: 142.59 (+0.52), CAE: 14.25 (+0.08)
Raytheon Hits 52-Week High on Investments, Foreign Sales
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 8:11AM CDT
Shares of Raytheon Company (RTN) scaled a new 52-week high of $133.98 on Jun 3, before closing a little lower at $133.86.
RTN: 142.59 (+0.52), CAE: 14.25 (+0.08), HEI: 73.69 (+0.36)
Northrop Grumman Wins U.S. Navy BAMS-D Support Contract
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:56AM CDT
Northrop Grumman Corp. (NOC) has received a contract from the U.S. Navy for support services of the Broad Area Maritime Surveillance-Demonstrator ("BAMS-D"
ESL: 75.58 (+1.25), NOC: 218.14 (-0.41), CAE: 14.25 (+0.08)
L-3 Communications (LLL) Secures $1.9B Logistics Contract
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 9:33AM CDT
L-3 Communications Vertex Aerospace LLC, a unit of L-3 Communications Holdings Inc. (LLL), has secured a $1.9 billion contract from the U.S. Air Force to supply airframes for the next generation of air refueling tankers.
ESL: 75.58 (+1.25), CAE: 14.25 (+0.08), LLL: 150.58 (+1.18)
Lockheed Wins US Navy Pilot Survivability Training Contract
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 9:31AM CDT
Lockheed Martin Corp. (LMT) has received a five-year, single-award, indefinite delivery, indefinite quantity (IDIQ) contract to support the Aircrew Electronic Warfare Tactical Training Range or AEWTTR project in Ridgecrest, CA.
ESL: 75.58 (+1.25), LMT: 255.42 (-0.22), CAE: 14.25 (+0.08)
General Dynamics (GD) Unit Wins $106.2M U.S. Navy Deal
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 7:29AM CDT
General Dynamics Corporation's (GD) unit, National Steel and Shipbuilding Co. , has won an undefinitized contract from the U.S. Navy.
GD: 152.43 (-0.54), CAE: 14.25 (+0.08), HEI: 73.69 (+0.36)
Raytheon (RTN) Secures Aegis Radar Transmitter Contract
Zacks Equity Research - Zacks Investment Research - Mon May 30, 6:02AM CDT
Raytheon Co.(RTN)has won a contract from the U.S. Navy for the production of Aegis Weapon System AN/SPY-1D(V) Radar Transmitter Group, Missile Fire Control System MK 99 equipment, and associated engineering services.
ESL: 75.58 (+1.25), RTN: 142.59 (+0.52), CAE: 14.25 (+0.08)
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: 30.34 (+0.44), LMT: 255.42 (-0.22), CAE: 14.25 (+0.08)
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: 30.34 (+0.44), CAE: 14.25 (+0.08), LLL: 150.58 (+1.18)
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: 167.44 (+1.56), EGL: 30.34 (+0.44), CAE: 14.25 (+0.08)
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: 152.43 (-0.54), EGL: 30.34 (+0.44), CAE: 14.25 (+0.08)