(LMT) Lockheed Martin Analyst Keeps Neutral Rating
We currently remain on the sidelines with Lockheed Martin Corporation (LMT) due to the impact of the Euro-crisis on U.S. economic fundamentals. This keeps the risk high for further cutbacks in defense...
View Article(ERJ) Embraer S.A. 2011 Fourth Quarter Earnings Preview
Embraer S.A (ERJ) will be reporting its fourth-quarter and fiscal 2011 financial results on Tuesday, March 20, 2012, after the market close. The current Zacks Consensus Estimate for earnings per share...
View Article(BA) Boeing 787 Commercial Aircraft Orders Swell
The international commercial airplane producer, The Boeing Co. (BA) announced that it received orders for two 787-9 from Air New Zealand. The order for the two airplanes is valued at $455.6 million at...
View Article(HRS) Harris Corporation Earns Yet Another Defense Deal
Communication technology company Harris Corp. (HRS) recently received a contract worth $15.2 million from the Department of Defense in Australia. Per the contract, Harris will deliver Falcon III...
View Article(NOC) Northrop Grumman Analyst Remains Neutral on Shares
Northrop Grumman Corporation (NOC) posted mixed results for the December quarter surpassing the Zacks Consensus Estimate on the bottom line but missing the consensus at the top. Looking forward, the...
View Article(NOC) Northrop Grumman Wins Air Force Contract
Northrop Grumman Corporation (NOC) has received a firm-fixed-price contract worth $334 million from the U.S. Air Force to provide Large Aircraft Infrared Countermeasure (“LAIRCM”) systems and support....
View Article(MAA) MAA Acquires Virginia Property
MAA (MAA), an apartment-only real estate investment trust (REIT), has recently completed the acquisition of Adalay Bay – a 240-unit upscale apartment community in Chesapeake, Virginia — for an...
View Article(BA) Boeing Focuses on Aviation Biofuel
The Boeing Company (BA), along with Airbus and Embraer S.A. (ERJ), signed a memorandum of understanding to work together on the development of drop-in, affordable aviation biofuels. The three leading...
View Article(LUV) Southwest Airlines Analyst Rating Slips to Underperform
We are downgrading our long-term recommendation on Southwest Airlines Co. (LUV) to Underperform owing to feeble macro data points in the entire airline industry and the company’s weak outlook for the...
View Article(HRS) Contract Wins Flow for Harris
Communication technology company Harris Corp. (HRS) recently entered into a 5-year contract worth $400 million with the U.S. Special Operations and Command (SOCOM). Per the contract, Harris will...
View Article(LMT) Aerospace & Defense Stock Overview – May 2012 – Industry Outlook
The U.S. is the world’s largest aerospace and defense market, and also home to the world’s largest military budget. The growth of the Aerospace and Defense industry depends largely on the spending...
View Article(HRS) Harris’ Falcon Wins Another Award
Harris Corp. (HRS) recently won a contract worth $39 million from the U.S. Special Operations Command (USSOCOM) for Falcon III AN/PRC-152A wideband handheld tactical radios. The recent contract is a...
View Article(HRS) Harris Wins U.S. Special Operations Command Order
Harris Corporation (HRS), a leader in the public safety and professional communication market, received an order worth $81 million for its Falcon III wide-band tactical radio. The order is a part of a...
View Article(NOC) Northrop Grumman to Supply G4 Pods
Northrop Grumman Corporation (NOC) has received a contract worth $103 million from the Naval Air Systems Command for the supply of LITENING G4 pods. Besides providing LITENING G4 targeting systems to...
View Article(XLI) Stock Market News for July 12, 2012 – Market News
Markets slumped to their fifth-straight day of losses after minutes from the Federal Reserve’s June meeting revealed no additional economic measures were in the offing. The central bank would only...
View Article(BA) Boeing Beats Earnings Forecasts – Raises Outlook
In the second quarter of 2012, The Boeing Company (BA), registering strong core performance across its businesses, posted strong numbers. In the reported quarter, the company posted earnings per share...
View Article(LUV) Southwest Airlines Offers Live TV
The U.S. air carriers are expanding in-flight entertainment options and adding novel features to their services in order to distinguish themselves from their major rivals. Accordingly, the largest U.S....
View Article(BA) The Boeing Company Earnings Preview
Aerospace & defense behemoth, The Boeing Company (BA) is all set to report its second quarter 2012 results before the start of trading on July 25, 2012. The Zacks Consensus Estimate for the second...
View Article(XLK) Stock Market News for July 26, 2012 – Market News
Dismal earnings from tech bellwether Apple on one hand and strong results from Caterpillar and Boeing on the other kept the markets confused about a definite and uniform direction. The Nasdaq could not...
View Article(DAL) Airline Industry Stock Outlook – August 2012 – Industry Outlook
The global airline industry continues to face challenges from the deepening of the European debt crisis that is wiping out the positive impacts of lower fuel prices, increasing air traffic and improved...
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