Contract Deliveries, New Launches, Construction Contracts, Favorable Market Outlook and Task Orders - Research Report on Boeing, Lockheed Martin, General Dynamics, Embraer SA, and L-3 Communications
NEW YORK, September 17, 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), Lockheed Martin Corporation (NYSE: LMT), General Dynamics Corp. (NYSE: GD), Embraer SA (NYSE: ERJ), and L-3 Communications Holdings Inc. (NYSE: LLL). 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 September 12, 2013, Boeing Co. (Boeing) announced that it has successfully delivered the 223rd and last U.S. Air Force C-17 Globemaster III airlifter, thus completing the production contract more than 20 years after the first delivery. Chris Chadwick, Boeing Military Aircraft president said,"C-17s are the workhorse for the U.S. Air Force in wartime and in peace. So while this is the last new C-17 to be added to the Air Force fleet, the mission does not stop here. The C-17 delivers hope and saves lives, and with the Air Force in the pilot's seat, it will continue to do so well into the future." The Company stated that Boeing continues to produce C-17s for other customers around the world, and maintain and sustain the aircraft through the C-17 Globemaster Integrated Sustainment Program. 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]
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Lockheed Martin Corporation Research Report
On September 12, 2013, Lockheed Martin Corp. (Lockheed Martin) and Raytheon Company announced the successful completion of the third of five planned launch and early orbit exercises to demonstrate the launch readiness of the world's most powerful and accurate Global Positioning System (GPS), the U.S. Air Force's next generation GPS III satellite and Operational Control System (OCX). Lockheed Martin stated that the completion of this event was a key milestone showing that Raytheon's OCX software meets mission requirements and is on track to support the launch of the first GPS III satellite, which is currently being produced by the Company. Keoki Jackson, Vice President of Lockheed Martin's Navigation Systems mission area said, "I look forward to the team's continued success as they progress through the complex mission readiness program towards the first GPS III launch," 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]
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General Dynamics Corp. Research Report
On September 11, 2013, General Dynamics Corp. (General Dynamics) announced that its wholly owned subsidiary, General Dynamics NASSCO has entered into a contract with Seabulk Tankers, Inc., a subsidiary of SEACOR Holdings Inc., for the design and construction of two 50,000 deadweight ton LNG-conversion-ready product carriers each with a 330,000 barrel cargo capacity. Fred Harris, President of General Dynamics NASSCO, said, "This contract is an indication that NASSCO remains fully committed to continuing to bring the most economical and environmentally sound technology to Jones Act owners and operators." According to the Company, construction is scheduled to begin in the latter part of 2014 with deliveries scheduled for the Q2 2016 and Q1 2017. 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]
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Embraer SA Research Report
On September 10, 2013, Embraer SA (Embraer) presented its outlook for China Executive Aviation Market Outlook for period 2014-2023 during the press conference held in Beijing, China. According to Embraer's forecast, a total of 805 executive jets will be in demand in the Chinese market over the next decade, with large-cabin business jet class expected to represent 51% of this demand, accounting for 78% of the total value of deliveries. Guan Dongyuan, Senior Vice President of Embraer and President of Embraer China said, "Embraer's decade-long investment in China's commercial aviation market has resulted in a fleet of 120 commercial jets in service, and we are now building our presence in the Chinese executive aviation market, affording our executive jet customers the high quality service and support that our airline customers already enjoy." The Company also informed that it maintains a favorable forecast for the Chinese executive aviation market potential, based on comprehensive studies of the country's economic scenario, and also expects infrastructure improvements to act as catalysts to executive aviation growth in China. The Full Research Report on Embraer SA - 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/9dc2_ERJ]
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L-3 Communications Holdings Inc. Research Report
On September 12, 2013, L-3 Communications Holdings Inc. (L-3) announced that the GSA Federal Systems Integration and Management Center has awarded the Company's National Security Solutions (NSS) group a $357 million task order under the GSA Alliant contract vehicle. According to the Company, the Contract will entail L-3 to provide e software development, systems integration, distance learning and IT technical support services in support of the Reserve Component Automation (RCA) program. Les Rose, President of L-3's NSS Group said, "By leveraging expertise and resources from across the company, and through key external partnerships, our work will provide Army Reserve and National Guard soldiers continuity of current operations as well as advancements in software development and IT life-cycle support, and we are proud to assist them." According to the Company, work on the contract is underway in L-3's Reston, Virginia facility and is expected to continue through 2018. The Full Research Report on L-3 Communications Holdings 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/fc3c_LLL]
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