Agreements, Events, Acquisitions, and Cash Tender Offers - Analyst Notes on Boeing, UTC, ATK, BE Aerospace and Spirit AeroSystems

NEW YORK, June 5, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Boeing Co. (NYSE: BA), United Technologies Corp. (NYSE: UTX), Alliant Techsystems Inc. (NYSE: ATK), BE Aerospace Inc. (NASDAQ: BEAV) and Spirit AeroSystems Holdings Inc (NYSE: SPR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3393-100free.

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Boeing Co. Analyst Notes
On May 30, 2014, Boeing Co. (Boeing) reported that the Company and Japan Transocean Air (JTA) finalized an agreement for 12 Next-Generation 737-800 airplanes. According to Boeing, the arrival of the new 737-800s in 2016 will mark the start of the airline's fleet renewal program. Manabu Sato, President of Japan Transocean Air and Executive Officer at Japan Airlines remarked, "This order is a key part of our strategy to bring the highest levels of comfort, amenity and convenience to the people of Okinawa, by continuing to operate the most reliable and fuel-efficient aircraft available today and in the future." Boeing mentioned that as a part of the agreement, JTA will also have the flexibility to switch to the 737 MAX family of airplanes. First announced as a commitment on March 27, 2014, the agreement is valued at over $1.1 billion at list prices. The full analyst notes on Boeing are available to download free of charge at:

http://www.analystsreview.com/Jun-05-2014/BA/report.pdf

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United Technologies Corp. Analyst Notes
On May 28, 2014, United Technologies Corp. (UTC) announced that the East Hartford Relay for Life, sponsored by the Company, has raised more than $295,000 for the American Cancer Society (ACS), surpassing the 2013 record-setting total by more than $22,800. For the sixth year running, the Company has served as the lead sponsor for the event, with over 70 teams and 730 participants. According to UTC, several people participated in the event to celebrate the lives of those who have battled cancer, recognize caregivers, heighten awareness of the fight against cancer, and raise money for research, treatment and prevention in New England. The full analyst notes on UTC are available to download free of charge at:

http://www.analystsreview.com/Jun-05-2014/UTX/report.pdf

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Alliant Techsystems Inc. Analyst Notes
On June 2, 2014, Alliant Techsystems Inc. (ATK) announced the commencement of a cash tender offer (the Tender Offer) for any and all of the $195,951,000 aggregate principal amount of its outstanding 3.00% Convertible Senior Subordinated Notes due 2024 (CUSIP No. 018804AK0) (the Notes). According to the Company, the Tender Offer will expire at midnight, New York City time, on June 27, 2014 (Expiration Date), unless extended or earlier terminated by ATK in its sole discretion. ATK stated that notes tendered may be withdrawn at any time at or prior to midnight, New York City time, at the end of the Expiration Date. ATK also stated that the Tender Offer is not subject to any minimum tender condition, but is subject to a financing condition and certain other conditions summarized in the Offer to Purchase. The full analyst notes on ATK are available to download free of charge at:

http://www.analystsreview.com/Jun-05-2014/ATK/report.pdf

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BE Aerospace Inc. Analyst Notes
On June 2, 2014, BE Aerospace Inc. (BE Aerospace) announced that it has signed a definitive agreement to acquire EMTEQ, Inc. - a provider of aircraft interior and exterior lighting systems, and F+E Fischer + Entwicklungen GmbH & Co. KG (Fischer)- manufacturer of seating products for civilian helicopters. Chairman and CEO of B/E Aerospace Amin J. Khoury said, "The combination of our lighting and power management systems business with EMTEQ's highly complementary lighting, cabin management and power systems businesses, as well as their electrical and connectivity expertise, will allow us to expand our product and service offerings in the commercial airliner and business jet markets. We are pleased to add Fischer helicopter seating to our seating portfolio. We expect to realize substantial engineering, manufacturing and marketing synergies from the transaction." The Company informed that the total acquisition purchase price for both companies is c.$470 million, with EMTEQ transaction expected to close during June 2014 and the Fischer transaction to close around the beginning of Q3 2014. The full analyst notes on BE Aerospace are available to download free of charge at:

http://www.analystsreview.com/Jun-05-2014/BEAV/report.pdf

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Spirit AeroSystems Holdings Inc Analyst Notes
On June 2, 2014, Spirit AeroSystems Holdings Inc's (Spirit AeroSystems) stock increased 0.77%, ending the day at $32.70. Over the previous three trading sessions, shares of Spirit AeroSystems rose 1.18% compared to the Dow Jones Industrial Average which climbed 0.66% during the same period. The full analyst notes on Spirit AeroSystems are available to download free of charge at:

http://www.analystsreview.com/Jun-05-2014/SPR/report.pdf

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