Contract, Stock Price Movements, Notice to Holders of Senior Notes, and Satellite Launch - Research Report on General Dynamics, Smith & Wesson, Triumph Group, Astronics, and Orbital Sciences
NEW YORK, January 13, 2014 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting General Dynamics Corp. (NYSE: GD), Smith & Wesson Holding Corporation (NASDAQ: SWHC), Triumph Group, Inc. (NYSE: TGI), Astronics Corporation (NASDAQ: ATRO), and Orbital Sciences Corp. (NYSE: ORB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
General Dynamics Corp. Research Report
On December 23, 2013, General Dynamics Corp. (General Dynamics) reported that its wholly-owned subsidiary, Electric Boat, has bagged a $121.8 million contract modification to buy long lead-time material for three Virginia-class submarines, SSN-793, SSN-794, and SSN-795 from the US Navy. The Company stated that the contract provides funding for steam and electrical-plant components, main propulsion unit and ship-service turbine generator sets, as well as miscellaneous hull, mechanical and electrical-systems components to support construction of the submarines. General Dynamics notified that with the modification, the contract which was initially awarded in April 2012, is now valued at $716.5 million. 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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Smith & Wesson Holding Corporation Research Report
On January 8, 2014, Smith & Wesson Holding Corporation's (Smith & Wesson) stock increased 3.71%, ending the day's trading session at $14.26. Over the previous three trading sessions, shares of Smith & Wesson increased 6.18%, compared to the Nasdaq Composite Index which gained 0.82% during the same period. The Full Research Report on Smith & Wesson Holding 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/1bd7_SWHC
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Triumph Group, Inc. Research Report
On January 2, 2014, Triumph Group, Inc. (Triumph Group) reported that it has delivered a notice to holders of its 2.625% Convertible Senior Subordinated Notes Due 2026 to the effect that, for at least 20 trading days during the 30 consecutive trading days preceding December 31, 2013, the closing price of its common stock was greater than or equal to 130% of the conversion price of such notes on such last trading day. According to Triumph Group, from the date of reporting until March 31, 2014, such notes are eligible for conversion as provided in the Indenture relating to such notes. The Company stated that the Contingent interest will be payable for the period October 1, 2013 through March 31, 2014. The Full Research Report on Triumph Group, 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/a475_TGI
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Astronics Corporation Research Report
On January 8, 2014, Astronics Corporation's (Astronics) stock advanced 10.75%, ending the day's trading session at $58.91. Over the previous three trading sessions, shares of Astronics climbed 14.83%, compared to the Nasdaq Composite Index which climbed 0.82% during the same period. The Full Research Report on Astronics 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/a1a8_ATRO
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Orbital Sciences Corp. Research Report
On January 7, 2014, Orbital Sciences Corp. (Orbital Sciences) announced the THAICOM 6 communications satellite, was successfully launched into orbit on January 6, 2014 aboard a Space Exploration Technologies Falcon 9 rocket from Cape Canaveral, Florida. Orbital Sciences reported that it built the satellite specifically for THAICOM Plc. Christopher Richmond, Orbital Sciences' Senior Vice President of Communications Satellites, said, "Early in the initial check-out and testing process, the THAICOM 6 satellite is performing very well. This is the first GEOStar communications satellite we have built for THAICOM and we are proud to be a part of their team, helping to address an increase in demand for telecommunications services across Southeast Asia and Africa." The Full Research Report on Orbital Sciences 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/3cb7_ORB
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