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(LMT) U.S. Defense Industry Misses India – What Next?

vitalstocks — Fri, 03 Feb 2012 18:09:04 +0000

French conglomerate Dassault Group’s Rafale combat jet emerged as the lowest bidder for the multi-billion contract for the Indian Air Force. The $10.4 billion deal is for supplying 126 medium multi-role combat aircraft to the Indian Air Force (‘IAF’). The order heralded Rafale’s entry into the export market. Rafale’s entry into the export market is [...]

(LMT) U.S. Defense Industry Misses India – What Next?

(CAT) Caterpillar Exceeds Forecasts on Record Sales

vitalstocks — Mon, 30 Jan 2012 17:34:57 +0000

Caterpillar Inc. (CAT) posted an impressive 53% increase in profit to $2.25 per share in the fourth quarter of 2011 from $1.47 per share in the same quarter of 2010, excluding the impact of acquisition of Bucyrus International, Inc. The profit far exceeded the Zacks Consensus Estimate of $1.73 per share. Revenues soared 35% to [...]

(CAT) Caterpillar Exceeds Forecasts on Record Sales

(RTN) Raytheon Profits Up – Sales Slip

vitalstocks — Mon, 30 Jan 2012 17:34:38 +0000

Raytheon Company (RTN) reported fourth quarter and fiscal 2011 results. The company reported fourth-quarter adjusted earnings of $1.74 per share, beating the Zacks Consensus Estimate by 40 cents. Results were also higher than the year-ago quarterly earnings of $1.55 per share. The solid results were driven by improved efficiencies and cost lowering initiatives. For the [...]

(RTN) Raytheon Profits Up – Sales Slip

(LMT) Lockheed Martin Posts Mixed Numbers

vitalstocks — Mon, 30 Jan 2012 17:34:17 +0000

World’s largest stand-alone defense contractor, Lockheed Martin Corporation (LMT) exited fiscal 2011 with mixed fortunes. The company posted fourth-quarter 2011 operating earnings of $2.14 per share, beating the Zacks Consensus Estimate of $1.94. However, this was lower than the year-ago quarterly earnings of $2.28 by a margin of 14 cents. The downcast in earnings, year [...]

(LMT) Lockheed Martin Posts Mixed Numbers

(CAT) Good News Starts with Caterpillar

vitalstocks — Mon, 30 Jan 2012 17:33:59 +0000

The deluge of this morning’s favorable economic and earnings reports should help stocks sustain Wednesday’s Fed-inspired gains. We got positive weekly Initial Jobless Claims numbers and a better-than-expected Durable Goods Orders reading. On the earnings front, Caterpillar’s (CAT) blowout results will likely ease some of the lingering concerns about weakness in China and other emerging [...]

(CAT) Good News Starts with Caterpillar

(LMT) Aerospace & Defense Stock Overview – January 2012 – Zacks Analyst Interviews

vitalstocks — Sun, 29 Jan 2012 17:29:18 +0000

The growth of the Aerospace and Defense industry depends largely on the spending outlook of government departments, with the U.S. defense budget being the primary driver. The U.S. is the world’s largest aerospace and defense market, and also home to the world’s largest military budget. The U.S. defense budget for 2011 was $670.8 billion, with [...]

(LMT) Aerospace & Defense Stock Overview – January 2012 – Zacks Analyst Interviews

(HON) Honeywell International Beats as Sales Rise

vitalstocks — Fri, 27 Jan 2012 21:49:06 +0000

Honeywell International Inc.’s (HON) reported fourth-quarter 2011 earnings results before the market opened today. Pro forma earnings per share were $1.05 in the reported quarter, above the Zacks Consensus Estimate of $1.04. Mark-to-market pension expense in the quarter was $1.45 per share, including which the company incurred a loss per share of 40 cents. For [...]

(HON) Honeywell International Beats as Sales Rise

(CAT) Caterpillar Incorporated – Bull of the Day

vitalstocks — Tue, 24 Jan 2012 17:20:35 +0000

Caterpillar, Inc. (CAT) posted an impressive third quarter with record EPS of $1.93 and sales of $14.6 billion driven by increased machine demand and continued economic growth. Results were ahead of Zacks Consensus Estimates. With the Bucyrus acquisition, the company is positioned to be the #1 mining equipment manufacturer in the U.S. with a strong [...]

(CAT) Caterpillar Incorporated – Bull of the Day

(HON) Honeywell International Providing Technology for Samsung

vitalstocks — Sat, 21 Jan 2012 20:40:43 +0000

Honeywell International Inc.’s (HON) group company, UOP LLC, will be providing technologies for the production of key petrochemicals and high-quality diesel and jet fuel at Samsung Total Petrochemicals Co. Ltd.’s complex in Daesan, South Korea. Samsung Total Petrochemicals Co. Ltd is a joint venture between Samsung General Chemicals and Total Petrochemical. The technologies from UOP [...]

(HON) Honeywell International Providing Technology for Samsung

(COL) Company News for January 20, 2012 – Corporate Summary

vitalstocks — Fri, 20 Jan 2012 20:10:22 +0000

• Online company eBay Inc’s (NASDAQ:EBAY) share prices rose 3.86%, after the company topped its fourth-quarter estimates, primarily due to heavy usage of its electronic payments site PayPal • Share prices of car parts maker Johnson Controls (NYSE:JCI) dropped 8.77% making it one of the worst performers in the S&P 500 index as the company [...]

(COL) Company News for January 20, 2012 – Corporate Summary

(RTN) Raytheon in Patriot Upgrade Deal

vitalstocks — Thu, 19 Jan 2012 23:36:32 +0000

Raytheon Company (RTN) has received a $51.3 million contract from the U.S. Army Aviation and Missile Command (“AMCOM”) to upgrade and configure the Patriot Advanced Capability-2 missiles into the Guidance Enhanced Missile-Tactical (GEM-T) pattern. Patriot is a long-range, all-altitude, all-weather air defense system that protects against a full range of advanced threats, including aircraft, tactical [...]

(RTN) Raytheon in Patriot Upgrade Deal

(BA) Boeing Picks B/E Aerospace for 737 Lavatory

vitalstocks — Thu, 19 Jan 2012 23:35:59 +0000

The Boeing Company (BA) announced that it has chosen B/E Aerospace Inc. (BEAV) to become the exclusive manufacturer of modular lavatory systems for Boeing’s 737 Next-Generation family of airplanes. The estimated value of the award is in excess of $800 million, exclusive of retrofit orders, which are expected to be substantial. The B/E Aerospace modular [...]

(BA) Boeing Picks B/E Aerospace for 737 Lavatory

(FAST) Fastenal Company – Bull of the Day

vitalstocks — Mon, 16 Jan 2012 23:37:55 +0000

Fastenal Company (FAST) has been eyeing profitable government projects in order to strengthen its position in local markets. Moreover, the company has undertaken several steps that will simultaneously upgrade its services and reduce costs. Its hub and spoke model and aggressive store expansion strategy supported by an improving cash flow will also increase customer satisfaction [...]

(FAST) Fastenal Company – Bull of the Day

(BZH) Stock Market News for December 30, 2011 – Market News

vitalstocks — Tue, 03 Jan 2012 19:25:28 +0000

Better housing data and a drop in four-week moving average of initial claims joined hands to guide the benchmarks higher yesterday, providing investors another hope that S&P 500 might just end 2011 on a positive note. With yesterday’s gains, the Dow washed out the losses it suffered on Wednesday and sits comfortably in the green [...]

(BZH) Stock Market News for December 30, 2011 – Market News

(AGCO) AGCO Corporation – Bull of the Day

vitalstocks — Fri, 30 Dec 2011 18:17:17 +0000

Driven by strong global demand for agricultural equipment, AGCO Corporation (AGCO) reported third quarter EPS of $0.87 versus $0.66 in the year-earlier quarter, surpassing the Zacks Consensus Estimate of $0.75. For fiscal 2011, AGCO expects EPS of $4.30. Global industry sales are anticipated to grow in 2011. With a full product line of farm equipment [...]

(AGCO) AGCO Corporation – Bull of the Day

(HON) Honeywell International – Bull of the Day

vitalstocks — Tue, 20 Dec 2011 18:10:18 +0000

We upgraded our rating from Neutral to Outperform on Honeywell International (HON) with a target price of $62.00. The company delivered impressive third-quarter 2011 results as its performance gained momentum in all business segments. The robust third-quarter performance and improving market condition led the company to increase its 2011 guidance. Sales in all segments witnessed [...]

(HON) Honeywell International – Bull of the Day

(LLL) L-3 Communications Holdings to Acquire Danaher Unit

vitalstocks — Thu, 15 Dec 2011 18:07:11 +0000

L-3 Communications Holdings Inc. (LLL) announced that it would acquire the Kollmorgen Electro-Optical unit of Danaher Corporation (DHR) for $210 million. Kollmorgen Electro-Optical, or KEO, develops and manufactures specialized equipment, including submarine photonics systems and periscopes, ship fire control systems, visual landing aids, ground electro-optical and sensor-cueing systems. L-3 Communications would fund the acquisition with [...]

(LLL) L-3 Communications Holdings to Acquire Danaher Unit

(CAT) Caterpillar Grows Indian Connection

vitalstocks — Wed, 14 Dec 2011 20:47:41 +0000

Caterpillar Inc. (CAT) is planning to invest $212 million in India to meet the increasing demand for its products due to road construction and overall infrastructure boom in the country. The plan includes building a new $150 million engine manufacturing facility in India that will produce Perkins branded 4000 Series engines. The site selection for [...]

(CAT) Caterpillar Grows Indian Connection

(RTN) Raytheon Company Gets Nod for Missile Upgrade

vitalstocks — Wed, 14 Dec 2011 20:47:28 +0000

Raytheon Company (RTN) has received consent from the U.S. Congressional and State Department for upgrading the Patriot Air and Missile Defense System for the Kingdom of Saudi Arabia to the latest Configuration-3. In June this year, the company had received a Direct Commercial Sales contract worth $1.7 billion that included ground-system hardware, a full training [...]

(RTN) Raytheon Company Gets Nod for Missile Upgrade

(RPM) U.S. Airline Traffic Slows in November

vitalstocks — Wed, 14 Dec 2011 20:00:32 +0000

The airline industry needs to figure out ways to counter rising fuel expenses, which is estimated at $178 billion for this year and $198 billion for the next. Fuel will account for 30% of industry costs compared with 13% a decade ago. Despite higher ticket prices and improved ancillary revenues, air carriers have been struggling [...]

(RPM) U.S. Airline Traffic Slows in November

(BA) Boeing Announces It Has Finalized Agreement With Air Lease Corporation

vitalstocks — Mon, 12 Dec 2011 13:57:21 +0000

The Boeing Company (BA) announced that it has finalized an agreement with Air Lease Corporation (AL) for supplying four 787-9 Dreamliners. Air Lease also exercised an existing option for procurement of four Next-Generation 737-800s. Overall, the order value came at above $1.2 billion. The Boeing 787-9 Dreamliner is a slightly larger version of the 787-8 [...]

(BA) Boeing Announces It Has Finalized Agreement With Air Lease Corporation

(LMT) Lockheed Martin Secures Fire Control System Contract for AH-1Z

vitalstocks — Mon, 12 Dec 2011 13:55:32 +0000

Largest defense contractor, Lockheed Martin Corporation (LMT) has received two contracts worth $30.6 million to provide a fire control system known as the Target Sight System (“TSS”) for AH-1Z Cobra attack helicopter. The contract calls for Lockheed to provide spare units and parts as well as program support for the AH-1Z fleet. Manufactured at facilities [...]

(LMT) Lockheed Martin Secures Fire Control System Contract for AH-1Z

(BA) Commercial Aerospace – Upside Story

vitalstocks — Thu, 08 Dec 2011 17:07:05 +0000

The tide for commercial aerospace appears to have turned, as the global economy continues to recover. Both airline traffic and new aircraft orders have significantly recovered from their recession lows. Therefore, the stocks dealing with aerospace and defense products should be a good pick at least for the next couple years. Aerospace companies see continued [...]

(BA) Commercial Aerospace – Upside Story

(HON) Honeywell International to Build Fertilizer Facility

vitalstocks — Tue, 06 Dec 2011 19:36:09 +0000

Honeywell International Inc. (HON) entered into an agreement with the world’s largest privately held food and agribusiness company, J.R. Simplot Company, to construct a facility for the production of Honeywell’s Sulf-N 26, a very efficient fertilizer. All the agronomic benefits of traditional nitrate-based fertilizers are present in Sulf-N 26, but it has very low explosive [...]

(HON) Honeywell International to Build Fertilizer Facility

(RTN) Raytheon to Make Miniature Decoys

vitalstocks — Thu, 01 Dec 2011 15:04:38 +0000

Raytheon Company (RTN) received authorization from the U.S. Air Force to begin Low Rate Initial Production (“LRIP”) of its Miniature Air Launched Decoy Jammer (“MALD-J”) variant. Concurrently, the Air Force also exercised a contract option and Raytheon received a $5 million order to convert Lot 4 MALD production of the baseline to the MALD-J variant. [...]

(RTN) Raytheon to Make Miniature Decoys

(TDG) TransDigm Group Shares Rated Neutral

vitalstocks — Thu, 01 Dec 2011 14:55:18 +0000

We recently maintained a Neutral recommendation on TransDigm Group Inc. (TDG). Based in Cleveland, Ohio, TransDigm Group Inc. is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. The company’s business is well diversified due to the broad range of products it [...]

(TDG) TransDigm Group Shares Rated Neutral

(FWLT) Foster Wheeler AG Expands Gas Storage

vitalstocks — Wed, 30 Nov 2011 20:02:58 +0000

Foster Wheeler Upstream, a division of Foster Wheeler AG’s (FWLT) Global Engineering and Construction Group, will be providing its project management support to the 35 billion-cubic-foot Ryckman Creek natural gas capacity storage facility. The contract has been received from Ryckman Creek Resources, LLC, a subsidiary of Peregrine Midstream Partners, LLC. The natural gas markets at [...]

(FWLT) Foster Wheeler AG Expands Gas Storage

(CMI) Cummins Analyst Downgrades Shares to Neutral

vitalstocks — Wed, 30 Nov 2011 19:50:15 +0000

We have downgraded our recommendation on Cummins Inc. (CMI) to Neutral from Outperform. Headquartered in Columbus, Indiana, Cummins is a leading worldwide designer, manufacturer and distributor of diesel and natural gas engines, electric power generation systems, and engine-related components, fuel systems, controls and air handling systems. Cummins primarily sells its products to original equipment manufacturers [...]

(CMI) Cummins Analyst Downgrades Shares to Neutral

(AGCO) AGCO Issues Debt to Fund GSI Holdings Buy

vitalstocks — Wed, 30 Nov 2011 19:47:25 +0000

AGCO Corporation (AGCO) has priced an offering of $300 million of its 5.875% Senior Notes due 2021 to partly finance the acquisition of GSI Holdings Corp. The notes were priced at 100% of par value and the offering is expected to close on December 5, 2011, subject to customary closing conditions. The net proceeds are estimated [...]

(AGCO) AGCO Issues Debt to Fund GSI Holdings Buy

(NOC) Northrop Grumman Analyst Maintains Neutral Rating

vitalstocks — Mon, 28 Nov 2011 20:46:41 +0000

We maintain our Neutral recommendation on Northrop Grumman Corporation (NOC), which is the third largest defense contractor behind The Boeing Company (BA) and Lockheed Martin Corporation (LMT) in the U.S. in terms of trailing twelve-month sales. Northrop’s fortunes are heavily tied to missile defense-related programs and we caution that these programs are tempting targets in [...]

(NOC) Northrop Grumman Analyst Maintains Neutral Rating

(LLL) L-3 Communications Holdings Raises Funds

vitalstocks — Mon, 28 Nov 2011 17:01:15 +0000

L-3 Communications Holdings Inc. (LLL) announced that L-3 Communications Corporation, its wholly owned subsidiary, has made an public offering of 3.95% Senior Notes worth $500 million due November 15, 2016. L-3 Communications’ intends to use the net proceeds from the offering to redeem $500 million of its outstanding $1 billion aggregate principal amount of 6.375% [...]

(LLL) L-3 Communications Holdings Raises Funds

(DE) Deere & Company Earnings Preview

vitalstocks — Mon, 28 Nov 2011 16:59:35 +0000

Deere & Company (DE) is scheduled to announce its fourth quarter and fiscal 2011 results on November 23, 2011. The current Zacks Consensus Estimate is $1.44 for the fourth quarter and $6.44 for fiscal 2011, projecting year-over-year growth of 34.1% and 38.5%, respectively. With respect to earnings surprise, over the trailing four quarters, Deere outperformed [...]

(DE) Deere & Company Earnings Preview

(LMT) Lockheed Martin Upgrades Sensors for Navy

vitalstocks — Mon, 28 Nov 2011 16:39:47 +0000

Defense major Lockheed Martin Corporation (LMT) received a contract from the U.S. Navy for continuing the development work of Infrared Search and Track (“IRST”) sensor system for the U.S. Navy F/A-18E/F. In a combat, the ability to strike first accurately holds the key to success. Lockheed’s IRST sensor system has given that edge to the [...]

(LMT) Lockheed Martin Upgrades Sensors for Navy

(TOL) Toll Brothers Takes Over CamWest

vitalstocks — Wed, 23 Nov 2011 17:25:54 +0000

Toll Brothers Inc. (TOL) recently announced that it has acquired CamWest Development LLC. The company did not disclose the financial terms of the deal but stated that it will start reaping benefits from the acquisition in the upcoming year. CamWest is considered as one of the largest privately held home building companies in the Pacific [...]

(TOL) Toll Brothers Takes Over CamWest

(CAT) Caterpillar’s Sales Growth Dips

vitalstocks — Wed, 23 Nov 2011 17:23:42 +0000

Caterpillar Inc. (CAT) recently reported sales statistics for the three months ending October 31, with machine sales increasing 31% on a year-over-year basis and engine sales rising 13% across the globe. The 31% sales growth in October was steady with the sales clip in the three months period ending September. Sales growth has nonetheless moderated [...]

(CAT) Caterpillar’s Sales Growth Dips

(DHI) U.S. Housing Starts Slip Less Than Expected

vitalstocks — Mon, 21 Nov 2011 18:47:24 +0000

We got some fairly good news on the housing front this morning. Housing Starts fell in September to a seasonally-adjusted annual rate of 628,000 from 630,000 in August, a drop of 0.3%. But the number was much better than the expected level of 603,000. However, the September numbers were revised sharply lower from 658,000. Thus [...]

(DHI) U.S. Housing Starts Slip Less Than Expected

(RPM) U.S. Air Traffic Shows Mixed for October

vitalstocks — Thu, 10 Nov 2011 17:47:32 +0000

Air traffic remained mixed in October, like the month before. Airline traffic is measured in billions of revenue passenger miles (RPM), which implies one mile flown by one passenger. The consolidated October traffic fell 5.1% at the largest U.S. airline United Continental Holdings Inc. (UAL). Both international and domestic traffic slid 4.4% and 6.3%, respectively. [...]

(RPM) U.S. Air Traffic Shows Mixed for October

(RTN) Raytheon Beats Earnings Forecast – Updates Outlook

vitalstocks — Thu, 03 Nov 2011 15:11:04 +0000

Raytheon Company (RTN) reported third-quarter 2011 adjusted earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.33. Results were also higher than the year-ago quarterly earnings of $1.35 per share. Operational Performance Revenue reported by Raytheon in the quarter under review was $6.13 billion, down 2% from $6.27 billion in the year-ago period [...]

(RTN) Raytheon Beats Earnings Forecast – Updates Outlook

(GD) General Dynamics Reports Mixed Third Quarter Earnings

vitalstocks — Fri, 28 Oct 2011 15:51:16 +0000

Defense and aerospace operator General Dynamics Corporation (GD) announced third-quarter 2011 operating earnings of $1.83 per share, which surpassed the Zacks Consensus Estimate of $1.77. The results of the company were 13 cents ahead of the year-ago figure of $1.70 per share. Total Revenue General Dynamics generated total revenue of $7.85 million in the reported [...]

(GD) General Dynamics Reports Mixed Third Quarter Earnings

(HON) Honeywell International Beats Estimates (revised)

vitalstocks — Wed, 26 Oct 2011 13:58:17 +0000

Honeywell International Inc.’s (HON) reported third-quarter 2011 earnings results, reporting earnings per share from continuing operations of $1.10, beating the Zacks Consensus Estimate of 99 cents. Total Revenue Total revenue was $9.3 billion, an increase of 14% y/y. Organically, total revenue was up 8% year over year, led by strong performance in every market. The [...]

(HON) Honeywell International Beats Estimates (revised)

(ITW) Illinois Tool Works Earnings Preview

vitalstocks — Wed, 26 Oct 2011 13:53:58 +0000

Illinois Tool Works Inc.(ITW) is slated to release its third quarter 2011 results on Tuesday, October 25. The current Zacks Consensus Estimate for earnings per share (EPS) is 98 cents, representing an annualized growth of 17.61%. With respect to earnings surprises, over the trailing four quarters, Illinois Tool outperformed the Zacks Consensus Estimate in two [...]

(ITW) Illinois Tool Works Earnings Preview

(LMT) Lockheed Martin to Maintain Persistent Threat Detection Systems for Army

vitalstocks — Thu, 20 Oct 2011 14:49:19 +0000

Defense contractor Lockheed Martin Corporation (LMT) announced that it received a contract from the U.S. Army worth $383 million to maintain, operate and sustain the Persistent Threat Detection Systems (“PTDS”). PDTS is a helium filled aerostat, which is a highly effective, cost efficient, surveillance and communication system for the Army. The system supports force-protection and [...]

(LMT) Lockheed Martin to Maintain Persistent Threat Detection Systems for Army

(RPM) Mixed Aviation Industry Traffic in September

vitalstocks — Mon, 17 Oct 2011 16:52:17 +0000

Despite a strong profit outlook for 2011 by The International Air Transport Association (IATA) as well as fare hikes and capacity pull backs, air carriers posted mixed traffic results in September primarily on fluctuations in economic conditions and debt concerns in Europe. Airline traffic is measured in billions of revenue passenger miles (RPM), which implies [...]

(RPM) Mixed Aviation Industry Traffic in September

(BA) U.S. Durable Goods Orders Flat in August

vitalstocks — Tue, 11 Oct 2011 15:41:15 +0000

New Orders for Durable Goods dipped a slight 0.1% in August. That was slightly below the consensus expectations of an increase of 0.1%. The July numbers were revised slightly upwards. It was first reported as an increase of 4.0%, but now they say new orders rose 4.1%. Given the volatile nature of the Durable Good [...]

(BA) U.S. Durable Goods Orders Flat in August

(SSD) Analyst Sees a Softer Market for Hard Drives

vitalstocks — Sat, 08 Oct 2011 19:44:13 +0000

One of the most important components of modern-day consumer electronic devices, such as PCs, laptops, notebooks, tablets, pen drives, cameras or iPods often goes unsung. This is because storage capacity is such an essential part of these devices that we practically forget to see it separately as a component. But this sub-market, if you will, [...]

(SSD) Analyst Sees a Softer Market for Hard Drives

(DHI) Weakness Prevails in U.S. Housing

vitalstocks — Thu, 06 Oct 2011 16:12:09 +0000

The weaknesses prevailing in the housing and construction industry in the U.S. have once again come to the fore as the National Association of Home Builders lowered its September outlook. Poor employment growth, increased availability of foreclosed homes, strict mortgage lending rules and lower confidence have restricted the demand for new homes to an all-time [...]

(DHI) Weakness Prevails in U.S. Housing

(RTN) Raytheon Certified on Radar Upgrade

vitalstocks — Thu, 06 Oct 2011 15:37:31 +0000

Raytheon Company (RTN) received certification from the Federal Aviation Administration (“FAA”) with respect to the upgrade of aging radar electronics. The administration stated that the company’s advanced electronics system has achieved a milestone for the Long Range Radar Service Life Extension Program (“SLEP”). The federal body believes that the new upgraded radar transmitters can see [...]

(RTN) Raytheon Certified on Radar Upgrade

(DHI) U.S. New Home Sales Move Down Slightly

vitalstocks — Tue, 27 Sep 2011 20:47:43 +0000

New Home Sales in August fell by 2.3% from July to a rate of 295,000. Relative to a year ago, sales are up 6.1%. While the year-over-year rebound is more than welcome, it is still a very dismal rate of new home sales. However, there was an upward revision to the July numbers of 4,000 [...]

(DHI) U.S. New Home Sales Move Down Slightly

(BA) Boeing Hopes to Ride Asia Pacific Boom

vitalstocks — Sat, 24 Sep 2011 19:18:52 +0000

The Boeing Company (BA) forecasts the Asia Pacific region will require hundreds of thousands of new commercial airline pilots and technicians over the next 20 years to support airline fleet modernization and the rapid growth of air travel. Boeing expects to capture a large chunk of the market for new commercial airplanes based on its [...]

(BA) Boeing Hopes to Ride Asia Pacific Boom

(GD) General Dynamics to Acquire Metro Machine

vitalstocks — Sat, 24 Sep 2011 19:17:53 +0000

General Dynamics Corporation (GD) has entered into an agreement to acquire Metro Machine Corp., a leading East Coast surface-ship repair company that supports the U.S. Navy fleet in Norfolk, Virginia. The acquisition is expected to be accretive to General Dynamics’ earnings in 2012. The transaction is expected to close in November 2011. The acquisition price [...]

(GD) General Dynamics to Acquire Metro Machine