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Stay Invested in Triumph Group (TGI) Stock: Here's Why

2018-01-17 zacks
Triumph Group, Inc. (TGI - Free Report) remains committed on enhancing shareholder value through a systematic share repurchase program and regular payment of dividends. As of Sep 30, 2017, the company had the authority to repurchase about 2.3 million shares. (23-1)

Lockheed Martin's Sikorsky Wins Contract for UH-60M Aircraft (revised)

2018-01-16 zacks
Lockheed Martin Corp.’s (LMT) business unit, Sikorsky Aircraft, recently secured a contract for manufacturing eight UH-60M aircraft for Saudi Arabian National Guard Forces and nine similar aircraft for the Royal Saudi Land Forces Airborne Special Security Forces. (20-0)

Northrop Grumman (NOC) Wins $172M Air Force Deal for BACN

2018-01-16 zacks
Northrop Grumman Corp. (NOC - Free Report) recently secured a contract for Battle Field Airborne Communication Node (BACN). Work related to the deal will be executed in San Diego, CA, along with other overseas locations and is expected to be over by Jan 23, 2019. Details of the Deal Per the deal, Northrop Grumman will provide BACN payload operations and support for payload equipment and services. Valued at $172. (16-0)

Lockheed Martin's Sikorsky Wins Contract for UH-60M Aircraft

2018-01-15 zacks
Lockheed Martin Corp.’s (LMT - Free Report) business unit, Sikorsky Aircraft, recently secured a contract for manufacturing eight UH-60M aircraft for Saudi Arabian National Guard Forces and nine similar aircraft for the Royal Saudi Land Forces Airborne Special Security Forces. Details of the Deal Valued at $1.94 billion, this foreign military sales (FMS) contract to Saudi Arabia was awarded by the Army Contracting Command, Redstone Arsenal, AL. (19-0)

Boeing (BA) Wins $115M Deal to Support P-8A Aircraft Program

2018-01-11 zacks
The Boeing Company (BA - Free Report) recently clinched a modification contract worth $115 million. Per the deal the company will provide integrated logistics services and site activation support to the U.S. Navy and the government of Australia for P-8A aircraft. Work related to this deal is scheduled to be over by Sep 2021. (166-1)

Boeing's (BA) Q4 Commercial & Defense Jet Deliveries Up Y/Y

2018-01-10 zacks
The Boeing Co. (BA - Free Report) 2017 deliveries show a 2% rise in commercial shipments and 5.9% decline in defense shipments, on a year-over-year basis. 2017 Deliveries The company reported commercial deliveries of 763 jets in 2017, up on higher 737, 747 and 767 deliveries. The figure was within the company’s delivery guidance of 760 to 765. In 2017, Boeing delivered 529 models of the 737 airplanes, followed by 136 deliveries of the 787 model. (70-0)

Spirit AeroSystems Gains From Solid Jet Demand: Time to Buy?

2018-01-10 zacks
Spirit AeroSystems Holdings, Inc. (SPR - Free Report) is gaining from its focus on executing supply chain strategy, improving productivity and meeting customers’ requirements for production rate changes. However, stiff competition and unexpected rise in costs continue to be headwinds. (9-0)

Curtiss-Wright Awarded $86 M Contract to Provide Aerospace Instrumentation System Technology

2018-01-10 asdnews
Curtiss-Wright Corporation (NYSE: CW) today announced that it has been awarded a five year Indefinite Delivery/Indefinite Quantity (IDIQ) contract valued at $86 million by Edwards Air Force Base (AFB) – Air Force Test Center (AFTC) to provide its aerospace instrumentation technology for use on the High Speed Data Acquisition System (HSDAS) program. Under the agreement, Curtiss-Wright is providing Edwards AFB with data acquisition systems, network switches, recorders, telemetry systems, and ground station systems. (1-0)

FLIR Systems (FLIR) Launches Thermal Camera Development Kit

2018-01-09 zacks
FLIR Systems, Inc. (FLIR - Free Report) recently came up with the high-resolution Thermal Vision Automotive Development Kit (ADK), allowing developers to add an affordable long-range thermal camera to their advanced driver assistance systems (ADAS) development vehicles. The company informed that the ADK will be demonstrated on the NVIDIA DRIVE PX2 at CES 2018 in the FLIR booth at the Las Vegas Convention Center. (4-0)

Northrop Grumman Wins $255M Deal for MQ-4C Triton Production

2018-01-03 zacks
Northrop Grumman Corp.’s (NOC - Free Report) Northrop Grumman Systems Corp. unit recently secured a modification contract worth $255.3 million for low-rate initial production (LRIP) of three MQ-4C Triton unmanned aircraft from the 3rd Lot. Per the terms of the deal, the company will manufacture trade studies and tooling to support the Persistent Maritime Unmanned Aircraft Systems Program Office. Details of the Deal The contract was awarded by the Naval Air Systems Command, Patuxent River, Maryland. (5-0)

3 Top-Notch Aerospace & Defense Stocks to Buy in 2018

2018-01-03 zacks
With the United States accusing Pakistan of playing a "double game" with respect to fighting terrorism, the U.S. Aerospace & Defense space has seen a thrilling start to 2018. Per Reuters, U.S. Ambassador Nikki Haley’s statement to withhold aid worth $255 million to Pakistan clearly shows that the White House might be looking to build pressure on the country. (64-1)

Raytheon Wins Contract for Developing SubHDR Antenna Systems

2017-12-29 zacks
Raytheon Co. (RTN - Free Report) recently secured a $25.8-million modification contract for developing six Submarine High Data Rate (SubHDR) antenna systems. Details of the Deal The contract was awarded by the Space and Naval Warfare Systems Command, San Diego, CA. Majority of the work will be carried out in Largo, FL; Marlborough, MA and the rest will be executed in different locations across the United States. (20-0)

Lockheed Martin (LMT) Wins $945M Contract for PAC-3 Missiles

2017-12-28 zacks
Lockheed Martin Corp. (LMT - Free Report) recently secured a $945-million modification contract for exercising production option of fiscal 2018 Patriot Advanced Capability-3 (PAC-3) missiles. The deal includes delivery of 54 U.S. Missile Segment Enhancement (MSE) missiles, 24 Qatar MSE missiles, 130 Kingdom of Saudi Arabia Cost Reduction Initiative (CRI) missiles and other associated ground support equipment. (62-0)

General Dynamics Wins $2.6B Deal to Upgrade M1A1 Tanks

2017-12-27 zacks
General Dynamics Corporation’s (GD - Free Report) Land Systems business unit recently clinched a contract to upgrade 786 M1A1 configured Abrams vehicles for the newly configured M1A2 System Enhancement Package Version 3. The deal also entitles the company to upgrade M1A1 vehicles to M1A12S and M1A2-K vehicles. Work related to the agreement is scheduled to be over by Dec 21, 2020. The $2.63-billion contract was awarded by the U. (16-0)

Lockheed Unit Wins $154M Deal for Navigation System Upgrade

2017-12-26 zacks
Lockheed Martin Corp.’s (LMT - Free Report) Rotary and Mission Systems (RMS) segment recently secured a contract for providing U.S. and U.K. Trident II (D5) Strategic Weapon System Shipboard Integration Increment 8 as well as Columbia and Dreadnought efforts for the navigation subsystem. Work related to the deal is scheduled to be completed by Dec 31, 2020. Details of the Deal Valued at $154.4 million, the contract was awarded by the Strategic Systems Program, Washington, DC. (27-0)

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