Stock Blog Hub » Aerospace/Defense Products & Services

(LMT) Lockheed Scores a Nice Air Force Contract

vitalstocks — Fri, 04 Sep 2009 22:51:31 +0000

Lockheed Martin Corporation (LMT) bagged a $421.1 million contract from the U.S. Air Force for upgrading the Air Force’s command and control center, Weapon System Integrator. The company will provide systems engineering, integration, modernization, maintenance, management and contingency support. In recent times, Lockheed Martin has witnessed the cancellation of quite a few prominent programs such [...]

(LMT) Lockheed Scores a Nice Air Force Contract

(LMT) Lockheed Buys Gyrocam Systems LLC, Makers of Gyrostabilized Optical Surveillance Systems

vitalstocks — Wed, 02 Sep 2009 20:47:20 +0000

Lockheed Martin Corporation (LMT) yesterday completed the acquisition of Gyrocam Systems LLC, which develops and supplies primarily to the U.S. military – gyrostabilized optical surveillance systems and sustainment field services. Historically, Lockheed Martin has grown through both organic means and acquisitions. Through the Gyrocam acquisition, the company increased its exposure into the state-of-the-art surveillance systems [...]

(LMT) Lockheed Buys Gyrocam Systems LLC, Makers of Gyrostabilized Optical Surveillance Systems

(NOC) Northrop Scores Two Major Pentagon Contracts

vitalstocks — Fri, 28 Aug 2009 23:27:54 +0000

Northrop Grumman Corp. (NOC) yesterday bagged two Pentagon contracts worth $5.87 billion. The first contract is worth $3.44 billion, from the Air Force for providing services for the stealth bomber B-2 bomber fleet. The second contract is of $2.43 billion from the Navy for providing services on overhaul, alterations, repair, maintenance and refueling of the [...]

(NOC) Northrop Scores Two Major Pentagon Contracts

(LMT) Lockheed Martin Set Up a Missile Defense Systems Operating Unit

vitalstocks — Thu, 27 Aug 2009 21:04:14 +0000

Lockheed Martin Space Systems Co., a Lockheed Martin Corp. (LMT) subsidiary, recently set up a new Missile Defense Systems operating unit. The new unit, which is part of the Lockheed Martin’s Strategic and Missile Defense Systems division Incorporatedludes program management, engineering and production facilities in Huntsville and Courtland, Alabama, and program operations in Denver, Colorado, [...]

(LMT) Lockheed Martin Set Up a Missile Defense Systems Operating Unit

(GD) General Dynamics Bags $100 Million Army Order

vitalstocks — Thu, 27 Aug 2009 21:01:38 +0000

General Dynamics (GD) recently said that its unit, General Dynamics Armament and Technical Products, has received a $100 million contract from the US Army TACOM-Rock Island Ill division. The contract for supplying M2 flex machine guns is of indefinite delivery-indefinite quantity (IDIQ) nature and is scheduled to be completed by April 2012. The M2 flex [...]

(GD) General Dynamics Bags $100 Million Army Order

(NOC) Northrop Grumman Corp Earns Security Contract

vitalstocks — Wed, 26 Aug 2009 21:01:11 +0000

On Monday, Northrop Grumman Corp.’s (NOC) cyber security team bagged a follow-on $430 million indefinite delivery/indefinite quantity (ID/IQ) contract from the US Army. In lieu of the deal, the company will continue providing a wide array of information operations (IO) and computer network operations to the 1st Information Operations Command (Land), Fort Belvoir, Virginia, and [...]

(NOC) Northrop Grumman Corp Earns Security Contract

(LMT) Lockheed Links to Smart Grid

vitalstocks — Thu, 20 Aug 2009 18:50:38 +0000

Lockheed Martin (LMT) recently joined forces with privately owned Black & Veatch to garner a better slice of utilities modernizing in response to the US Department of Energy’s (DOE) Smart Grid Investment Grant Program. This $4.5 billion program is part of the DOE’s Electricity Delivery and Energy Reliability Recovery Plan to support modernization of the [...]

(LMT) Lockheed Links to Smart Grid

(HON) Fitch Cuts Honeywell Debt Outlook

vitalstocks — Thu, 20 Aug 2009 18:23:43 +0000

Fitch Ratings recently lowered its outlook on Honeywell International Inc. (HON) as it expects the defense contractor’s weak operating performance that began late last year to continue through 2009. Lower earnings and cash flow have resulted in a leverage which is above normal levels for maintaining an “A” assigned to the company’s long-term default rating, [...]

(HON) Fitch Cuts Honeywell Debt Outlook

(HON) Honeywell Bags RMG

vitalstocks — Wed, 19 Aug 2009 22:49:05 +0000

Honeywell International Inc. (HON) announced completion of its acquisition of RMG Group and its subsidiaries (RMG Regel and Messtechnik GmbH) at an expense of approximately $400 million. RMG has been integrated into Honeywell Process Solutions, which is part of Honeywell’s Automation and Control Solutions business group. Founded in 1931 in Kassel, Germany, RMG specializes in [...]

(HON) Honeywell Bags RMG

(LMT) Lockheed Martin Slashes Jobs

vitalstocks — Wed, 19 Aug 2009 22:13:24 +0000

Lockheed Martin Space Systems Co., one of the four key operating units of Lockheed Martin Corp. (LMT), will downsize its employee base to boost competitive position and profitability. By the end of this year, the Space Systems division will retrench around 800 personnel, approximately 4.5% of the overall headcount, across all levels and disciplines, largely [...]

(LMT) Lockheed Martin Slashes Jobs

(HON) Honeywell Gets Aero-Engine Deals

vitalstocks — Fri, 14 Aug 2009 23:37:27 +0000

Honeywell International Inc. (HON) announced that it has been awarded an additional option year on a contract from the U.S. Army to improve performance and extend the life of the AGT1500 turbine engine that powers the M1 Abrams tank. The Total Integrated Engine Revitalization Program fourth year option has a not-to-exceed value of more than [...]

(HON) Honeywell Gets Aero-Engine Deals

(GR) Goodrich Logs Into China – new facility in China’s Tianjin Airport Industrial Park

vitalstocks — Thu, 13 Aug 2009 20:37:22 +0000

Yesterday, Charlotte-based Goodrich Corp. (GR) agreed to form two joint venture companies with China’s Xi’an Aircraft International Corp. (XAIC). According to the agreement, XAIC will form a joint venture with each of Goodrich Landing Gear and Goodrich Aerostructures. The joint ventures will bring together Goodrich’s leading market positions on landing gear and nacelles for large [...]

(GR) Goodrich Logs Into China – new facility in China’s Tianjin Airport Industrial Park

(LMT) LMT Expands Space Systems Assets

vitalstocks — Thu, 13 Aug 2009 00:27:01 +0000

Lockheed Martin Corp. (LMT) is gearing up big-time to rejuvenate its beleaguered Space Systems segment. Yesterday, the company broke ground on two new projects at its facility in Newtown, Pennsylvania. The estimated cost of the two projects will come to around $24 million. Lockheed Martin Space Systems Co. (LMSSC) is a major operating unit of [...]

(LMT) LMT Expands Space Systems Assets

(NOC) Northrop Gets New Army Deal – Neutral recommendation for the company

vitalstocks — Wed, 12 Aug 2009 23:46:59 +0000

Northrop Grumman (NOC) along with four other syndicates of companies has received an indefinite delivery/indefinite quantity contract from the U.S. Army for providing automatic identification technology hardware, software and engineering services. The project will be carried out over a span of three years, with provisional extension of two years and four years. The total value [...]

(NOC) Northrop Gets New Army Deal – Neutral recommendation for the company

(ESLT) Elbit Systems Inc. – Aggressive Growth – Zacks Rank Buy

vitalstocks — Tue, 16 Jun 2009 22:33:55 +0000

Elbit Systems Ltd. (ESLT) has been surging since it was originally featured as a Zacks Rank Buy back in March. An Excellent Quarter The Israeli defense company reported first-quarter results on May 20 that included a record backlog of $5.1 billion. Revenues rose 6.6% to $657 million. Growth in the communication equipment and unmanned air [...]

(ESLT) Elbit Systems Inc. – Aggressive Growth – Zacks Rank Buy

(ATK) Zacks #1 Rank Additions for Monday – Zacks Tale of the Tape

vitalstocks — Mon, 08 Jun 2009 22:08:08 +0000

Here are the stocks added to the Zacks #1 Rank (“strong buy”) List today: Alliant Techsystems Inc (ATK) American Financial Group (AFG) American Technology Corp (ATCO) Associated British Foods Plc (ASBFY) Bio-Reference Laboratories Inc (BRLI) Cantel Medical Corp (CMN) CapLease Inc (LSE) Check Point Software Technologies Ltd (CHKP) Forest Oil Corp (FST) G-III Apparel Group [...]

(ATK) Zacks #1 Rank Additions for Monday – Zacks Tale of the Tape

(ESLT) Elbit Systems Ltd. – Aggressive Growth – Zacks Rank Buy

vitalstocks — Thu, 19 Mar 2009 22:38:43 +0000

Elbit Systems Ltd. (ESLT) just announced a record quarter and full year. Shares are up on the news and the company is well positioned for 2009. Company Description Elbit Systems is a worldwide leader in Night Vision Goggles Head-Up Displays (NVG-HUD). The company is a major supplier to the U.S Army and U.S. Marine Corps [...]

(ESLT) Elbit Systems Ltd. – Aggressive Growth – Zacks Rank Buy

(TDG) TransDigm Group, Inc. – Aggressive Growth – Zacks Rank Buy

vitalstocks — Thu, 19 Mar 2009 22:32:28 +0000

TransDigm Group Inc. (TDG) is displaying solid earnings momentum after the release the its first-quarter results. The aircraft component maker has surprised for the past 9 quarters. Company Description TransDigm Inc. engages in the design, production and supply of engineered aircraft components for use on commercial and military aircraft both domestically and internationally. The company [...]

(TDG) TransDigm Group, Inc. – Aggressive Growth – Zacks Rank Buy

(TDG) TransDigm Group – higher sales and wider operating margins from cost cutting initiatives

vitalstocks — Wed, 18 Feb 2009 16:10:15 +0000

TransDigm Group, Inc. (TDG) is fresh off the heels of very solid first-quarter results in which income was up 40% from last year. Estimates have recently been lifted and the company’s share price is pressuring a short-term level of resistance. Company Description TransDigm Inc. engages in the design, production and supply of engineered aircraft components [...]

(TDG) TransDigm Group – higher sales and wider operating margins from cost cutting initiatives

(TDG) TransDigm Group – Net income soared 46.8%

Shawn — Wed, 04 Feb 2009 23:09:21 +0000

TransDigm Group, Inc. (TDG), the aviation components manufacturer, raised 2009 guidance after it surprised on analysts’ estimates on Feb 3 by 34.5%. TDG is trading at 12.45x forward earnings. Company Description TransDigm Group designs and manufactures aircraft components for use on commercial and military aircraft. The company produces components including ignition systems and components, gear [...]

(TDG) TransDigm Group – Net income soared 46.8%

(AVAV) AeroVironment – reaffirm its full-year revenue growth between 20% and 25%

Shawn — Tue, 03 Feb 2009 22:04:54 +0000

AeroVironment, Inc. (AVAV) has continued to rally since originally being featured as a momentum stock in mid November. The strong performance comes in tandem with company’s impressive second-quarter results, reported on Dec 4. Second-Quarter Results Revenue for the period was up 23% from last year to $63.9 million. Income came in at $9.1 million, up [...]

(AVAV) AeroVironment – reaffirm its full-year revenue growth between 20% and 25%

(TGI) Triumph Group – designs and manufactures aerospace systems and components for the aviation industry

Shawn — Tue, 03 Feb 2009 22:00:50 +0000

Triumph Group, Inc. (TGI), the aviation parts manufacturer, continued its streak of beating Wall Street estimates as it recently surprised on estimates by 19.82% in the third-quarter 2009 and has now surprised 4 quarters in a row by an average of 24.39%. The stock is cheap. It trades with a PEG of 0.68. Company Description [...]

(TGI) Triumph Group – designs and manufactures aerospace systems and components for the aviation industry

(GD) General Dynamics – sales increased in the Aerospace, Marine Systems and Information Systems and Technology groups

Shawn — Wed, 03 Dec 2008 23:00:08 +0000

General Dynamics Corp. (GD) reported third-quarter results in late October. Earnings per share of $1.59 topped the year-prior $1.34 and exceeded analyst estimates by 7%. Revenues jumped 4.5% to $7.1 billion on a year-over-year basis. Company Description General Dynamics operates in four main business segments. Aerospace designs, develops, manufacturers and services a comprehensive offering of [...]

(GD) General Dynamics – sales increased in the Aerospace, Marine Systems and Information Systems and Technology groups

(AVAV) AeroVironment, Inc – reaffirmed its revenue guidance for fiscal 2009

Shawn — Fri, 14 Nov 2008 20:52:19 +0000

AeroVironment, Inc.’s (AVAV) share price has logged an impressive performance in 2008, advancing along a steady upward trend as many other segments of the market have weakened. The company’s second-quarter results were solid and the analyst community remains bullish on the company’s current and next-year period. Company Description AeroVironment, Inc. designs and produces unmanned aircraft [...]

(AVAV) AeroVironment, Inc – reaffirmed its revenue guidance for fiscal 2009

(ERJ) – Empresa Brasileira de Aeronáutica – current PEG ratio for Embraer is 0.5

Shawn — Sat, 25 Oct 2008 14:40:02 +0000

Empresa Brasileira de Aeronáutica (ERJ) is expanding in Latin America as estimates are climbing. The market has created a steep discount for the jet maker’s growth rates.Company Description Empresa Brasileira de Aeronautica S.A, or Embraer, formed by the Brazilian government in 1960 and privatized in 1994, designs, manufactures and sells aircraft and aviation-related structural parts [...]

(ERJ) – Empresa Brasileira de Aeronáutica – current PEG ratio for Embraer is 0.5

(GD) – General Dynamics – More Growth Forecasted for the Future

Shawn — Wed, 15 Oct 2008 12:00:58 +0000

General Dynamics (GD), which recently received a $46.3 million contract from the U.S. Navy, declared a regular quarterly dividend of 35 cents per share. GD noted that the dividend is payable November 14 to shareholders of record on October 10. The company’s second-quarter revenue result came in 10.8% higher than last year’s $7.3 billion. Earnings [...]

(GD) – General Dynamics – More Growth Forecasted for the Future

Shawn — Thu, 09 Oct 2008 13:02:22 +0000

(GD) – General Dynamics – More Growth Forecasted for the Future

Shawn — Tue, 07 Oct 2008 13:23:15 +0000

(GD) – General Dynamics – More Growth Forecasted for the Future

Shawn — Fri, 03 Oct 2008 01:00:26 +0000

(GD) – General Dynamics – More Growth Forecasted for the Future

(ATRO) – Astronics – Military sales were up 32% from the same period last year

Shawn — Fri, 26 Sep 2008 13:00:06 +0000

Astronics Corp.’s (ATRO) share price has recently rallied in response to the company’s solid second-quarter results and optimistic outlook. The company has a record backlog of orders, and the next-year estimate is projecting 19% earnings growth.Company Description Astronics Corp., through its subsidiaries, designs and manufactures electrical and lighting component systems for the aerospace industry. The [...]

(ATRO) – Astronics – Military sales were up 32% from the same period last year

Shawn — Tue, 23 Sep 2008 11:21:03 +0000

(ATRO) – Astronics – Military sales were up 32% from the same period last year

(GR) – Goodrich – covering analysts have been raising estimates for both the third quarter and the full year

Shawn — Tue, 23 Sep 2008 11:20:10 +0000

Goodrich raised full year guidance as sales rose 17% in the second quarter on the strength of equipment sales to the large commercial airplane market. The company has surprised on estimates the last 4 quarters by an average of 20.18%. Goodrich has a forward P/E of 9.75.Company Description Goodrich Corporation (GR) manufactures products for the [...]

(GR) – Goodrich – covering analysts have been raising estimates for both the third quarter and the full year

(HWK) – Hawk Corporation – PEG ratio of only 0.39

Shawn — Tue, 23 Sep 2008 11:20:03 +0000

Hawk Corporation (HWK) recently set a new 52-week high after an excellent second-quarter earnings report. The company has increased guidance and remains attractively priced with a PEG ratio of only .39.Company Description Hawk Corporation designs, manufactures, and sells friction materials for brakes, transmissions, and clutches. The company operates through its subsidiaries and supplies its products [...]

(HWK) – Hawk Corporation – PEG ratio of only 0.39

(ATRO) – Astronics – Military sales were up 32% from the same period last year

Shawn — Fri, 19 Sep 2008 12:01:26 +0000

(ATRO) – Astronics – Military sales were up 32% from the same period last year

(GR) – Goodrich – covering analysts have been raising estimates for both the third quarter and the full year

Shawn — Fri, 19 Sep 2008 12:00:27 +0000

(GR) – Goodrich – covering analysts have been raising estimates for both the third quarter and the full year

(HWK) – Hawk Corporation – PEG ratio of only 0.39

Shawn — Fri, 19 Sep 2008 12:00:19 +0000

(HWK) – Hawk Corporation – PEG ratio of only 0.39

(ATRO) – Astronics – Military sales were up 32% from the same period last year

Shawn — Wed, 17 Sep 2008 16:40:15 +0000

(ATRO) – Astronics – Military sales were up 32% from the same period last year

(GR) – Goodrich – covering analysts have been raising estimates for both the third quarter and the full year

Shawn — Wed, 17 Sep 2008 12:20:33 +0000

(GR) – Goodrich – covering analysts have been raising estimates for both the third quarter and the full year

(HWK) – Hawk Corporation – PEG ratio of only 0.39

Shawn — Wed, 17 Sep 2008 12:20:25 +0000

(HWK) – Hawk Corporation – PEG ratio of only 0.39

(ATRO) – Astronics – Military sales were up 32% from the same period last year

Shawn — Wed, 17 Sep 2008 03:40:04 +0000

(ATRO) – Astronics – Military sales were up 32% from the same period last year

(GR) – Goodrich – covering analysts have been raising estimates for both the third quarter and the full year

Shawn — Fri, 12 Sep 2008 02:20:04 +0000

(GR) – Goodrich – covering analysts have been raising estimates for both the third quarter and the full year

(HWK) – Hawk Corporation – PEG ratio of only 0.39

Shawn — Wed, 10 Sep 2008 15:40:05 +0000

(HWK) – Hawk Corporation – PEG ratio of only 0.39

(GD) – General Dynamics – topped the consensus estimate by 12%

Shawn — Wed, 10 Sep 2008 11:20:43 +0000

General Dynamics Corp. (GD), which is trading near a 52-week high, posted stellar second-quarter results in late July. Revenue was up 10.8% from last year to $7.3 billion. Earnings per share of $1.60 topped the consensus estimate by 12% and improved on the year-prior $1.27. In early August, the company declared a regular quarterly dividend [...]

(GD) – General Dynamics – topped the consensus estimate by 12%

(HWK) – Hawk Corporation – PEG ratio of only 0.39

Shawn — Wed, 10 Sep 2008 02:40:04 +0000

(HWK) – Hawk Corporation – PEG ratio of only 0.39

(GD) – General Dynamics – topped the consensus estimate by 12%

Shawn — Thu, 04 Sep 2008 19:20:07 +0000

(GD) – General Dynamics – topped the consensus estimate by 12%

Shawn — Thu, 04 Sep 2008 02:00:07 +0000

(GD) – General Dynamics – topped the consensus estimate by 12%

(AIR) Stocks That I’m Thinking About Buying (6-19-08)

Shawn — Thu, 17 Jul 2008 00:18:32 +0000

The recent market turmoil has given us a wonderful opportunity to nab stocks on the cheap. Today I wanted to give you a heads up on some of the stocks that I was watching for possible inclusion into the PeakStocks.com portfolio, specifically ones that are high on my list, and most likely to be added [...]

(AIR) Stocks That I’m Thinking About Buying (6-19-08)