Market News

General Dynamics (GD)

General Dynamics' Armament and Technical Products division has brought in $33.6 million from the U.S. Army for armor tiles for personnel carriers, according to the U.S. Department of Defense.
Under the deal, General Dynamics Armament and Technical Products will supply the Army with 144 Bradley reactive armor tile sets for the Army’s Bradley Fighting Vehicle. Work on the contract will be performed in Stoughton, MA, Fall River, MA, Burlington, VT, Lyndonville, VT, and Simsbury, CT, as well as in Minnesota, Mississippi, New Jersey and Israel. The U.S. Department of Defense expects the work on the deal to be completed by November 30.

Dec 31 · 3:56:00 PM · Source: Mass High Tech
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by Michael Oliveto

United Technologies (UTX)

The Department of Defense reported that it gave an approximately $171.1 million contract to a United Technologies division to make and convert 14 airplanes for the United Arab Emirates.
Sikorsky Aircraft Corp. will work on the UH-60M aircraft project in Stratford, CT. Work is expected to be completed on December 31, 2012.

Dec 31 · 2:11:00 PM · Source: MSN Money
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by Michael Oliveto

Boeing (BA)

Boeing’s St. Louis-based defense unit won a $12.4 million contract with the U.S. Navy to repair various components of the F/A-18 Super Hornet fighter jet.
Work will be performed in Lemoore, CA (57%), Cecil Field, FL. (40%) and Philadelphia, PA (3%), and be completed by December 31, 2010, the Pentagon said.

Dec 31 · 11:22:00 AM · Source: St Louis Business Journal
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by Michael Oliveto

Boeing (BA)

Boeing’s St. Louis-based defense unit won a $54 million contract from the U.S. Navy for F/A-18 Super Hornet fighter jets and E/A-18G Growler aircraft, the Pentagon said late Monday.
Earlier this month,legislators approved a $636 billion defense spending bill that included billions of dollars in work for Boeing’s defense division.

Dec 29 · 1:03:00 PM · Source: MSN Money
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by Michael Oliveto

Boeing (BA)

Boeing has won a $750 million U.S. Air Force contract for modernization and maintenance of the B-52 Stratofortress bomber fleet's weapons system.
Boeing is among the best-positioned companies among its defense peers due to its balanced exposure to commercial aircraft and defense equipment.

Dec 29 · 12:57:00 PM · Source: Benzinga
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by Michael Oliveto

Oshkosh Truck Corporation (OSK)

Oshkosh Defense, a division of Oshkosh Corporation, has received an order valued at more than $54 million from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) to supply more than 970 add-on protection kits for the MRAP All-Terrain Vehicle. Under the delivery order, Oshkosh will supply more than 170 explosively formed penetrator (EFP) kits through April 2010 and 800 rocket-propelled grenade (RPG) kits through May 2010.

Dec 24 · 9:41:00 AM · Source: Company News Release
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by Larry Etter