Executive Appointment, Acquisition, and New Contract - Research Report on Raytheon, Northrop Grumman, Textron, Rockwell Collins, and L-3 Communications
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NEW YORK, December 4, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Raytheon Co. (NYSE: RTN), Northrop Grumman Corporation (NYSE: NOC), Textron Inc. (NYSE: TXT), Rockwell Collins Inc. (NYSE: COL), 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.
Raytheon Co. Research Report
On November 21, 2013, Raytheon Co. (Raytheon) announced the election of George R. Oliver to its Board of Directors, effective immediately. William H. Swanson, Raytheon's Chairman and CEO, commented, "His operating expertise, global business experience and technology background will provide a broad perspective to our Board as we align and execute our company's global strategy." Raytheon reported that Oliver is currently CEO of Tyco International Ltd. and serves on its Board of Directors. The Full Research Report on Raytheon 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/1d55_RTN
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Northrop Grumman Corporation Research Report
On November 25, 2013, Northrop Grumman Corporation (Northrop Grumman) announced the appointment of Andrea Yeiser as Vice President of Engineering, Manufacturing, and Logistics (EM&L) for the Company's Rolling Meadows, Illinois-based Land and Self Protection Systems division. Northrop Grumman reported that Yeiser will have executive responsibility for all EM&L activities which support Land and Self Protection Systems division programs at campuses in Apopka, Florida, Baltimore, Buffalo, New York, Cincinnati and Woodland Hills, California, as well as the division headquarters in Rolling Meadows. The Company stated that Yeiser will provide direct support to the division vice president and general manager. The Full Research Report on Northrop Grumman 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/f842_NOC
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Textron Inc. Research Report
On November 22, 2013, Textron Inc. (Textron) announced that it has signed agreements to acquire two flight simulation and aircraft training product companies - Mechtronix Inc. and OPINICUS Corporation. According to the Company, the combination of Textron Systems' training and simulation business, Mechtronix, and OPINICUS will form Textron Simulation & Training Systems. Textron reported that the total annual revenue for the new business is expected to be more than $100 million. Scott Donnelly, Chairman and CEO of Textron, commented, "Mechtronix and OPINICUS each have a strong record of delivering advanced flight simulation technologies and services." Donnelly added, "Today's pilots face an ever-expanding range of systems and controls within the cockpit, making realistic simulation essential for commercial and military flight training. By adding these businesses, we deepen Textron's ability to fully serve the military, business and civil aviation industries." Textron expects to close both transactions by the end of 2013, subject to customary closing conditions. The Full Research Report on Textron 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/756e_TXT
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Rockwell Collins Inc. Research Report
On November 22, 2013, Rockwell Collins Inc. (Rockwell Collins) announced that it has successfully completed the divestiture of its subsidiary, Kaiser Optical Systems, Inc., to Endress+Hauser (International) Holding AG. Rockwell Collins did not disclose the financial terms of the transaction. The Company stated that the divestiture includes Kaiser Optical Systems' operations in Ann Arbor, Michigan and Lyon, France. The Full Research Report on Rockwell Collins 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/8aa7_COL
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L-3 Communications Holdings Inc. Research Report
On November 19, 2013, L-3 Communications Holdings Inc. (L-3) announced that its Combat Propulsion Systems (L-3 CPS) division has been awarded a $20 million contract by the U.S. Army to design and develop a next-generation transmission system for ground combat vehicles. L-3 reported that the Gemini Transmission program will modernize and sustain existing and future fleets of the Army's ground combat vehicles. Steve Kantor, President of L-3's Electronic Systems Group, said, "Winning the Gemini Transmission design and development program reflects our customer's continued confidence in L-3 to advance transmission technology and effectively transition new designs to production, which would ultimately deliver improved performance, reliability and life-cycle costs to our customer." Kantor continued, "By leveraging our expertise in transmission design and production and through strategic partnerships, L-3 CPS is now under contract with the customer to mature all four of the next-generation transmissions for the Armored Brigade Combat Team's family of heavy vehicles, including the HMPT 800 series of transmissions." 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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