Conference Participations, Financial Results, and Contract Modifications - Research Report on Boeing, BE Aerospace, Lockheed Martin, TransDigm, and General Dynamics
NEW YORK, November 29, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Boeing Co. (NYSE: BA), BE Aerospace Inc. (NASDAQ: BEAV), Lockheed Martin Corporation (NYSE: LMT), TransDigm Group Incorporated (NYSE: TDG), and General Dynamics Corp. (NYSE: GD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Boeing Co. Research Report
On November 20, 103, Boeing Co. (Boeing) reported that Boeing Defense, Space & Security President and CEO Dennis Muilenburg will speak at the Credit Suisse Global Industrials Conference in New York, on December 4, 2013 at 11:00 a.m. ET. The Company added that the conference will be broadcast live via a link available on the website of the Company. The Full Research Report on Boeing Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/f586_BA
BE Aerospace Inc. Research Report
On November 26, 2013, BE Aerospace Inc. (BE Aerospace) announced that the Company will give a presentation to institutional investors at the Credit Suisse Global Industrials Conference in New York City on December 4, 2013, beginning at 8:15 a.m. ET. BE Aerospace stated that the live audio broadcast of the presentation will be available on the Investor Relations section of the Company's website. The Full Research Report on BE Aerospace Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/ef8d_BEAV
Lockheed Martin Corporation Research Report
On November 26, 2013, Lockheed Martin Corporation (Lockheed Martin) reported that the Company will webcast live a presentation by Executive Vice President and CFO Bruce Tanner at the Credit Suisse Global Industrials Conference on December 3, 2013 from 11:00 a.m. to 11:40 a.m. EST. The Company informed that the live webcast of the presentation will be available at the investors section of its website and audio replay of the same will be available for two weeks following the presentation. The Full Research Report on Lockheed Martin Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/5cf2_LMT
TransDigm Group Incorporated Research Report
On November 14, 2013, TransDigm Group Incorporated (TransDigm) reported its Q4 FY 2013 (period ended September 30, 2013) and full-year FY 2013 financial results. Net sales increased 16.7% YoY to $539.7 million. Net loss applicable to common stock for the quarter was $11.1 million or $0.20 per diluted share, compared to net income of $87.9 million or $1.63 per diluted share in Q4 FY2012. For full-year FY 2013, net sales increased 13.2% YoY to $1.9billion. Net income applicable to common stock was $131.5 million or $2.39 per diluted share for full-year FY 2013, compared to $321.7 million or $5.97 per diluted share in full-year FY 2012. Chairman and CEO W. Nicholas Howley said, "We are pleased with our overall operating results for both the quarter and full fiscal year despite softness in the commercial aftermarket for much of the year. In addition to three recent acquisitions, our organic commercial OEM and defense revenues performed better than we originally anticipated. Our full fiscal year EBITDA As Defined margin of 47% was strong in spite of unfavorable dilution from acquisitions and sales mix. This performance reflects the ability of our consistent strategy to create intrinsic shareholder value through the ups and downs of the aerospace market cycle as a result of our strict operating focus and a well defined acquisition strategy." For full-year FY 2014, the Company anticipates net sales to be in the range of $2,155 million to $2,215 million and EPS to be in the range of $6.16 to $6.48 per share. The Full Research Report on TransDigm Group Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/4917_TDG
General Dynamics Corp. Research Report
On November 22, 2013, General Dynamics Corp. (General Dynamics) reported that its subsidiary, General Dynamics Electric Boat (Electric Boat),has been awarded two contract modifications by the US Navy worth a total value of $16.8 million to perform nuclear and non-nuclear maintenance work for submarines homeported at the Naval Submarine Base in Groton. The Company stated that under the first contract which is valued at $8.8 million,Electric Boat will continue to operate the Nuclear Regional Maintenance Department (NRMD) at the submarine base and will provide project management, planning, training and nuclear services to support maintenance, modernization and repairs. The Company informed that under the second contract which is valued at $8 million, Electric Boat will continue operating the New England Maintenance Manpower Initiative (NEMMI) at the submarine base, and willprovide a wide range of overhaul, repair and modernization services in support of nuclear submarines, floating dry-docks, support and service craft and other platforms and equipment. The Full Research Report on General Dynamics Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/3505_GD
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts' Corner
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article