Aerospace-Defense Products & Services

(SWHC) How to Spot a Winning Stock

Peter Lynch once said, “Investing without research is like playing stud poker and never looking at the cards.”

If you’re wary of doing hard work – of getting your hands dirty doing some research – then I don’t think investing is for you.

It’s not a game. Or a gamble.

I...

8Apr2014 | | Comments Off on (SWHC) How to Spot a Winning Stock | Continued

(HON) Honeywell International Turbochargers for Chevrolet

Diversified technology company Honeywell International Inc. (HON) recently announced that indigenous technology of its Turbo Technology division has been used to design and build the turbocharger for Chevrolet Cruze Clean Turbo Diesel,...

17Sep2013 | | Comments Off on (HON) Honeywell International Turbochargers for Chevrolet | Continued

(NOC) Northrop Grumman Earns $113.7 Million DoD Contract

Northrop Grumman Corporation (NOC) numbered among the 20 recipients of contracts from the Department of Defense (DoD). The Northrop contract for $113.7 million calls for Full Rate Production of five E-2D Advanced Hawkeye Lot 2 airborne...

20Aug2013 | | Comments Off on (NOC) Northrop Grumman Earns $113.7 Million DoD Contract | Continued

(ERJ) Embraer Clinches Potential $8.3 Billion Deal

Brazilian aircraft manufacturer Embraer S.A. (ERJ) clinched a major contract with the world’s largest regional airline group SkyWest Inc. (SKYW) to sell as many...

19Aug2013 | | Comments Off on (ERJ) Embraer Clinches Potential $8.3 Billion Deal | Continued

(HON) Honeywell Powers Honda Amaze

Diversified technology company Honeywell International Inc. (HON) recently announced that indigenous technology of its Turbo Technology division has been used to design and build the turbocharger for Honda Amaze, a compact sedan from...

16Jul2013 | | Comments Off on (HON) Honeywell Powers Honda Amaze | Continued

(NOC) Northrop Grumman Boosts Share Repurchase

The board of directors of Northrop Grumman Corporation (NOC) has given approval to repurchase the company’s common stock worth $4 billion. This is the additional share buyback limit over the existing level of $1 billion. With...

11Jul2013 | | Comments Off on (NOC) Northrop Grumman Boosts Share Repurchase | Continued

(TDG) TransDigm Group to Acquire Arkwin

TransDigm Group Inc. (TDG) recently signed a definitive agreement to acquire Arkwin Industries, Inc. The deal is an all cash transaction and is valued at approximately $286 million.

The acquisition is a strategic move by TransDigm...

28Jun2013 | | Comments Off on (TDG) TransDigm Group to Acquire Arkwin | Continued

(LLL) L-3 Communications and ViaSat Sign Communications Contract

A business arm of L-3 Communications (LLL), Platform Integration Division, announced that it has signed a memorandum of agreement with ViaSat Inc. (VSAT) to offer...

25Jun2013 | | Comments Off on (LLL) L-3 Communications and ViaSat Sign Communications Contract | Continued

(LMT) Lockheed Martin Earns Neutral Rating From Analyst

We maintained our long-term Neutral recommendation on aerospace and defense major Lockheed Martin Corporation (LMT) on May 10, 2013. The company’s first quarter 2013 results and its leveraged presence in the Army, Air Force, Navy...

23Jun2013 | | Comments Off on (LMT) Lockheed Martin Earns Neutral Rating From Analyst | Continued

(TDG) TransDigm Group Hits All-Time High

TransDigm Group Incorporated (TDG) hit an all-time high of $155.97 on May 15, 2013. Total shares traded on that date were 556,683, more than double the average volume of shares traded over the last three months aggregating 273,703....

22Jun2013 | | Comments Off on (TDG) TransDigm Group Hits All-Time High | Continued

(NOC) Northrop Grumman Stays Neutral

We have maintained our Neutral recommendation on Northrop Grumman Corporation (NOC) on May 22, 2013 on the back of its improved performance and lower share count that led to a top and bottom line beat in the first quarter. However,...

30May2013 | | Comments Off on (NOC) Northrop Grumman Stays Neutral | Continued

(LMT) Lockheed Martin Wins Four in a Row

Lockheed Martin Corp. (LMT) turned out to be the major beneficiary of the 20 contracts, worth $717.7 million, handed out by the Department of Defense (DoD) very recently. Indeed the company secured four contracts that comprised nearly...

23May2013 | | Comments Off on (LMT) Lockheed Martin Wins Four in a Row | Continued

(LMT) Lockheed Martin Hits 52-Week High

On May 22, 2013, the shares of Lockheed Martin Corporation (LMT) hit a 52-week high of $107.93. Lockheed Martin registered positive earnings surprises in three of the last four quarters, with an average beat of 16.56%. Another defense...

23May2013 | | Comments Off on (LMT) Lockheed Martin Hits 52-Week High | Continued

(TGI) Triumph Group Beats Earnings

Triumph Group Inc. (TGI) reported fourth quarter of fiscal 2013 results that ended Mar 31, 2013. Adjusted earnings from continuing operations of $1.68 per share surpassed the Zacks Consensus Estimate of $1.59 by 5.7% and also increased...

14May2013 | | Comments Off on (TGI) Triumph Group Beats Earnings | Continued

(NOC) Northrop Likely to Beat Earnings Again

We expect Northrop Grumman Corp. (NOC) to beat expectations when it reports first quarter 2013 results on Apr 24.

Why a Likely Positive Surprise?

Our proven model shows that Northrop Grumman is likely...

13May2013 | | Comments Off on (NOC) Northrop Likely to Beat Earnings Again | Continued

(TGI) Triumph Group Acquires Primus Composites

Triumph Group, Inc. (TGI) took over Primus Composites from Precision Castparts Corp. (PCP) for an undisclosed amount. This move comes as a part of the company’s strategy...

8May2013 | | Comments Off on (TGI) Triumph Group Acquires Primus Composites | Continued

(COL) Rockwell Collins Beats Second Quarter Earnings – Gives Forward View

Rockwell Collins Inc. (COL), the supplier of avionics and military equipment, posted second quarter fiscal year 2013 earnings of $1.17 per share, surpassing the Zacks Consensus Estimate by a penny and 7% above the year-ago figure.

Operational...

6May2013 | | Comments Off on (COL) Rockwell Collins Beats Second Quarter Earnings – Gives Forward View | Continued

(LMT) Lockheed Martin to Build Ocean Thermal Energy Conversion Plant in China

Lockheed Martin Corporation (LMT) has entered into an agreement with Reignwood Group to develop an Ocean Thermal Energy Conversion (OTEC) pilot power plant located off the coast of southern China.

Per the agreement, this offshore...

27Apr2013 | | Comments Off on (LMT) Lockheed Martin to Build Ocean Thermal Energy Conversion Plant in China | Continued

(COL) Rockwell Collins Stays Neutral

We reaffirmed our long-term Neutral recommendation on Rockwell Collins, Inc. (COL) on Apr 11, 2013. We remain upbeat on the company’s balanced exposure to both types of customers, namely, commercial and military, as well as its strong...

27Apr2013 | | Comments Off on (COL) Rockwell Collins Stays Neutral | Continued

(ERJ) Embraer Posts Weak First Quarter Aircraft Deliveries

Embraer S.A. (ERJ) has delivered a total of 29 jets in the first quarter of 2013 ending Mar 31, 2013, which fell short of the 34 deliveries made in the same period last year.

Of the total, 17 jets were delivered to the commercial...

23Apr2013 | | Comments Off on (ERJ) Embraer Posts Weak First Quarter Aircraft Deliveries | Continued

(HON) Honeywell Beats Earnings Estimate

Despite macroeconomic headwinds, Honeywell International Inc. (HON) reported solid first quarter 2013 results with earnings of $966 million or $1.21 per share compared to $825 million or $1.04 in the year-ago quarter, representing...

22Apr2013 | | Comments Off on (HON) Honeywell Beats Earnings Estimate | Continued

(NOC) Northrop Grumman Wins Contract Modification

Northrop Grumman Corp. (NOC) won a modification contract from the U.S. Air Force for its Global Hawk unmanned aircraft system. This contract has a total value of $71 million.

Global Hawk is an unmanned aircraft system and has...

18Apr2013 | | Comments Off on (NOC) Northrop Grumman Wins Contract Modification | Continued

(LMT) Lockheed Martin Inks $256.6M Deal

The aerospace and defense major Lockheed Martin Corporation (LMT) has received a total of five standalone contracts from the Department of Defense (DoD). The total contract value is $256.6 million.

The lion’s share of these...

17Apr2013 | | Comments Off on (LMT) Lockheed Martin Inks $256.6M Deal | Continued

(LLL) L-3 Communications Holdings Hits New 52-Week High

On Apr 11, 2013, shares of L-3 Communications Holdings Inc. (LLL) hit a new 52-week high of $83.99. Earlier, in Jan 2012, the company had reported solid fourth-quarter results with a positive earnings surprise of 6.13%. L-3 Communications...

15Apr2013 | | Comments Off on (LLL) L-3 Communications Holdings Hits New 52-Week High | Continued

(LMT) Lockheed Martin in Supply Pact with NASA

Lockheed Martin Corporation (LMT) has received an order from the National Aeronautics and Space Administration (NASA) to supply biomedical, medical and health services for all human spaceflight programs of the latter.

The contract,...

11Apr2013 | | Comments Off on (LMT) Lockheed Martin in Supply Pact with NASA | Continued

(NOC) Northrop Grumman Upgrades Sensor System

Northrop Grumman Corporation (NOC) has introduced the Fourth Generation Tracking Adjunct Sensor (4G TAS) for its Hawk air defense system. The company’s Electronic Systems business is responsible for this new product development.

The...

8Apr2013 | | Comments Off on (NOC) Northrop Grumman Upgrades Sensor System | Continued

(GD) General Dynamics Gets $40 Million Order for Saudi Tanks

General Dynamics Corporation’s (GD) subsidiary General Dynamics Land Systems has entered into a $40 million agreement with the U.S. Army TACOM Life Cycle Management Command. The deal comes under the U.S. Foreign Military Sales contract...

4Apr2013 | | Comments Off on (GD) General Dynamics Gets $40 Million Order for Saudi Tanks | Continued

(GD) General Dynamics Gets Contract to Modify Zumwalt Class Guided Missle Destroyer

General Dynamics Corporation’s (GD) marine business wing Bath Iron Works clinched an $18.0 million contract for the modification of the first DDG-1000 Zumwalt class guided missile destroyer. The production of the first next generation...

24Mar2013 | | Comments Off on (GD) General Dynamics Gets Contract to Modify Zumwalt Class Guided Missle Destroyer | Continued

(LMT) Lockheed Martin in Littoral Combat Deal

Lockheed Martin Corporation (LMT) was provided funding in the amount of $696,629,123 for construction of two Littoral Combat Ships. The Naval Sea Systems Command, Washington, D.C., is the contracting authority.

A littoral combat...

6Mar2013 | | Comments Off on (LMT) Lockheed Martin in Littoral Combat Deal | Continued

(GD) General Dynamics to Underperform

On Feb 4, 2013, we downgraded defense and aerospace operator, General Dynamics Corporation (GD) to Underperform based on the company’s dismal fourth quarter and full year 2012 financial results. The company currently has a short-term...

26Feb2013 | | Comments Off on (GD) General Dynamics to Underperform | Continued