L-3 Communications Gets FMS Contract to Supply 8 Turrets
Zacks Equity Research - Zacks Investment Research - Wed Aug 31, 8:06AM CDT
L-3 Communications (LLL) announced that it has received a FMS contract to supply eight WESCAM MX-10D electro-optical and infrared designating turrets to a Middle Eastern nation's Ministry of Defense.
KTOS: 7.04 (+0.07), BA: 131.16 (+1.26), LLL: 149.89 (+0.55)
L-3 to Supply Electro-Optical and Infrared Designating Systems Under a U.S. Foreign Military Sales Contract
BusinessWire - Tue Aug 30, 12:47PM CDT
L-3 Communications (NYSE:LLL) announced today that its Integrated Sensor Systems (ISS) sector within its Electronic Systems segment has been selected under a U.S. Foreign Military Sales (FMS) contract to provide eight WESCAM MX(TM)-10D electro-optical and infrared (EO/IR) designating turrets to a Middle Eastern nation's Ministry of Defense.
LLL: 149.89 (+0.55)
Defense Stock Roundup: Lockheed Martin Secures Big Wins; HRS Boosts Dividend by 6%
Zacks Equity Research - Zacks Investment Research - Tue Aug 30, 10:41AM CDT
Mixed performance on the bourses on the one hand and a generous flow of funds from the Pentagon on the other formed the picture of the defense sector last week.
HRS: 93.69 (+0.84), GD: 153.81 (+0.97), LMT: 243.32 (-0.29), HON: 116.39 (+0.26), UTX: 106.93 (+0.21), TXT: 41.12 (+0.31), COL: 85.07 (+0.94), LLL: 149.89 (+0.55)
Upgrade Alert for L-3 Communications (LLL)
Comtex SmarTrend(R) - Fri Aug 26, 3:13AM CDT
L-3 Communications (NYSE:LLL) was upgraded from Neutral to Overweight at JP Morgan today. The stock closed yesterday at $148.38 on volume of 646,000 shares, below average daily volume of 732,000. L-3 Communications share prices have moved between a 52-week high of $154.50 and a 52-week low of $101.11 and closed yesterday at 47% above that low price at $148.38 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.1%.
LLL: 149.89 (+0.55)
After Yesterday's Rally of 1.40% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu Aug 25, 12:49PM CDT
L-3 Communications (NYSE:LLL) traded in a range yesterday that spanned from a low of $146.80 to a high of $149.84. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $149.48 on volume of 337,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LLL: 149.89 (+0.55)
Defense Stock Roundup: Lockheed Martin Wins $10B Deal; Boeing, Raytheon Dominate Headlines
Zacks Equity Research - Zacks Investment Research - Tue Aug 23, 9:30AM CDT
Pentagon's prime contractor Lockheed Martin Corp. (LMT) stole the limelight, securing a major $10 billion order from the Department of Defense's ("DoD"
LMT: 243.32 (-0.29), RTN: 140.13 (+0.17), TXT: 41.12 (+0.31), BA: 131.16 (+1.26), COL: 85.07 (+0.94), LLL: 149.89 (+0.55)
L-3 Communications Set to Possibly Rebound After Yesterday's Selloff of 1.63%
Comtex SmarTrend(R) - Tue Aug 16, 3:33PM CDT
L-3 Communications (NYSE:LLL) traded in a range yesterday that spanned from a low of $147.54 to a high of $150.67. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $147.94 on volume of 238,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
LLL: 149.89 (+0.55)
Defense Stock Roundup: Orbital ATK Beats on Q2 Earnings; Boeing's KC-46 Program Gets Pentagon Nod
Zacks Equity Research - Zacks Investment Research - Tue Aug 16, 10:18AM CDT
Defense primes witnessed positive movements in the market sessions last week.
GD: 153.81 (+0.97), LMT: 243.32 (-0.29), UTX: 106.93 (+0.21), TDG: 288.36 (+0.95), OA: 77.88 (+0.61), TXT: 41.12 (+0.31), BA: 131.16 (+1.26), LLL: 149.89 (+0.55)
Lockheed (LMT) Receives Contract to Support F-35 Training
Zacks Equity Research - Zacks Investment Research - Mon Aug 15, 10:03AM CDT
Lockheed Martin (LMT) received a $20.8 million contract to provide Training Infrastructure System and Pilot Fitting Facility in support of the F-35 Lightening II aircraft.
GD: 153.81 (+0.97), LMT: 243.32 (-0.29), BA: 131.16 (+1.26), LLL: 149.89 (+0.55)
L-3 Appoints Ann D. Davidson as Senior Vice President, General Counsel and Corporate Secretary
BusinessWire - Mon Aug 15, 8:00AM CDT
L-3 Communications (NYSE:LLL) announced today that it has appointed Ann D. Davidson as Senior Vice President, General Counsel and Corporate Secretary of L-3. Ms. Davidson reports to Michael T. Strianese, L-3's Chairman and Chief Executive Officer. She previously served as Senior Vice President, Chief Legal Officer and Corporate Secretary at Exelis Inc. and succeeds Steven M. Post, who is retiring from the company.
LLL: 149.89 (+0.55)
Defense Stock Roundup: Huntington Ingalls Beats on Q2 Earnings; RTN, OA, GD, LMT in Focus
Zacks Equity Research - Zacks Investment Research - Tue Aug 09, 6:22AM CDT
Reported results reveal a 28.8% decline in second-quarter earnings despite 2.7% growth in revenues.
HII: 166.71 (+0.75), GD: 153.81 (+0.97), LMT: 243.32 (-0.29), RTN: 140.13 (+0.17), NOC: 213.24 (+1.41), OA: 77.88 (+0.61), TXT: 41.12 (+0.31), BA: 131.16 (+1.26), LLL: 149.89 (+0.55)
L-3 to Present at the Jefferies 12th Annual Industrials Conference
BusinessWire - Mon Aug 08, 8:00AM CDT
L-3 Communications (NYSE:LLL) announced today that Ralph G. D'Ambrosio, its senior vice president and chief financial officer, will be presenting at the Jefferies 12th Annual Industrials Conference on Wednesday, August 10 in New York City.
LLL: 149.89 (+0.55)
L-3 Awarded U.S. Air Force Warfighter Readiness & Training Program Contract
BusinessWire - Wed Aug 03, 12:38PM CDT
L-3 Communications (NYSE:LLL) announced today that its Electronic Systems group was awarded a seven-year contract to provide training solutions in support of the U.S. Air Force's Warfighter Readiness & Training program following a recompetition process. L-3 initially won the Warfighter program in 1997 and will continue its prime contractor role under an initial task order valued at $23.5 million with a maximum ceiling value of $200 million.
LLL: 149.89 (+0.55)
The Zacks Analyst Blog Highlights: Boeing, Northrop Grumman, General Dynamics, L-3 Communications and Raytheon
Zacks Equity Research - Zacks Investment Research - Wed Aug 03, 8:30AM CDT
The Zacks Analyst Blog Highlights: Boeing, Northrop Grumman, General Dynamics, L-3 Communications and Raytheon
GD: 153.81 (+0.97), RTN: 140.13 (+0.17), NOC: 213.24 (+1.41), BA: 131.16 (+1.26), LLL: 149.89 (+0.55)
Catch Defense Stocks Earnings on Aug 4: HII, CVU, TDY & More
Zacks Equity Research - Zacks Investment Research - Wed Aug 03, 8:07AM CDT
We have seen Q2 results from 95.6% of the sector's total market cap, as of Jul 29. Let's take a look at a few defense stocks that are scheduled to report their quarterly numbers on Aug 4.
HII: 166.71 (+0.75), ESL: 78.71 (+1.58), WAIR: 13.80 (+0.14), GD: 153.81 (+0.97), LMT: 243.32 (-0.29), TDY: 109.27 (+1.60), RTN: 140.13 (+0.17), NOC: 213.24 (+1.41), CVU: 6.39 (-0.05), BA: 131.16 (+1.26), LLL: 149.89 (+0.55)
Defense Stock Roundup: BA Incurs a Loss; GD, NOC, LLL, RTN, UTX Beat on Earnings
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 5:36PM CDT
Earnings dominated the major stories in the defense and aerospace sector over the past five trading sessions. Among the defense biggies, Boeing (BA), the world's largest plane maker, reported its first quarterly net loss in nearly seven years.
HII: 166.71 (+0.75), GD: 153.81 (+0.97), RTN: 140.13 (+0.17), UTX: 106.93 (+0.21), NOC: 213.24 (+1.41), TGI: 33.23 (+1.06), SPR: 46.13 (+0.43), TXT: 41.12 (+0.31), BA: 131.16 (+1.26), LLL: 149.89 (+0.55)
Defense Stocks to Watch for Earnings on Aug 3: ATRO & SPR
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 7:18AM CDT
We have seen Q2 results from 95.6% of the defense sector's total market cap, as of Jul 29. Let's take a look at a couple of defense stocks that are scheduled to report second-quarter earnings on Aug 3.
GD: 153.81 (+0.97), LMT: 243.32 (-0.29), RTN: 140.13 (+0.17), NOC: 213.24 (+1.41), ATRO: 45.03 (+0.05), SPR: 46.13 (+0.43), BA: 131.16 (+1.26), LLL: 149.89 (+0.55)
L-3 Communications (LLL) Tops Q2 Earnings, Ups '16 View
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 8:53AM CDT
L-3 Communications Holdings Inc. (LLL) posted second-quarter 2016 adjusted earnings of $1.88 per share, beating the Zacks Consensus Estimate of $1.68 by 11.9%.
LMT: 243.32 (-0.29), NOC: 213.24 (+1.41), BA: 131.16 (+1.26), LLL: 149.89 (+0.55)