Facility Expansions, New Contracts, and New Certifications Drive Growth - Research Report on GE, United Technologies, Raytheon, Stanley Black & Decker, and Northrop Grumman
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NEW YORK, October 7, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting General Electric Company (NYSE: GE), United Technologies Corporation (NYSE: UTX), Raytheon Company (NYSE: RTN), Stanley Black & Decker, Inc. (NYSE: SWK), and Northrop Grumman Corporation (NYSE: NOC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
General Electric Company Research Report
On October 2, 2013, GE Energy Financial Services, the energy investing business of General Electric Company (GE), announced that the expansion of Colorado's renewable energy facility is complete, with the Colorado Highlands Wind Project now able to generate 91 megawatts of electricity for Tri-State Generation and Transmission Association. According to GE Energy Financial Services, Tri-State has a 20-year power purchase agreement to receive all the electricity and environmental attributes from the wind farm, jointly owned by Alliance Power Inc. and GE Energy Financial Services. The Company added that in 2013, Tri-State adopted a new wholesale rate, along with demand management and energy shaping product offerings that will assist the association to better integrate intermittent renewable resources into its power supply. The Full Research Report on General Electric Company - 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/6f32_GE]
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United Technologies Corporation Research Report
On October 2, 2013, United Technologies Corporation (United Technologies) reported that if the U.S. Government shutdown continues, aerospace businesses will be forced to furlough thousands of workers due to the absence of Defense Contract Management Agency (DCMA) inspectors who audit and approve operations throughout the manufacturing process for military products. The Company stated that its Sikorsky Aircraft, one of its businesses that produce the BLACK HAWK helicopter, will be affected immediately, with nearly 2,000 Sikorsky workers expected to be placed on furlough on October 7, 2013. In addition, the Company stated that if the shutdown continues in the week of October 7, 2013, UTC's Pratt & Whitney and UTC Aerospace Systems would be affected, and company-wide furloughs are expected to double to include 4,000 workers. The Company added that the number could even exceed 5,000 employees if the government shutdown continues into September 2013. The Full Research Report on United Technologies 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/96c3_UTX]
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Raytheon Company Research Report
On September 30, 2013, Raytheon Company (Raytheon) announced that the U.S. Navy has awarded the Company a $243.5 million contract for the procurement of 89 Standard Missile-6 Block I all up rounds, spares, containers, and services. The Company stated that SM-6 provides U.S. Navy sailors and their vessels extended range protection against fixed- and rotary-wing aircraft, unmanned aerial vehicles, and cruise missiles as part of the Naval Integrated Fire Control-Counter Air (NIFC-CA) mission area. The Company further stated that the contract was awarded during the Company's Q3 FY 2013. The Full Research Report on Raytheon Company - 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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Stanley Black & Decker, Inc. Research Report
On September 30, 2013, Stanley Black & Decker, Inc. (Stanley Black & Decker) announced that the Company has achieved a position in the CDP's S&P 500 Climate Performance Leadership Index (CPLI) for the first time. The Company reported that CPLI names companies listed on the Standard & Poor's 500 Index (S&P 500) that show strategies committed to improving their impact on the environment. The Company said that its actions to reduce carbon emissions and mitigate the risks of climate change were recognized by the CDP. John F. Lundgren, Chairman and CEO of Stanley Black & Decker, said, "Sustainability is embedded throughout Stanley Black & Decker, and we are creating a company-wide culture that engineers waste out of our processes before it is generated, minimizes energy and water consumption on the design table, and empowers our employees to create the solutions." The Company informed that 36 S&P 500 companies featured in the 2013 CPLI. The Full Research Report on Stanley Black & Decker, 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/f855_SWK]
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Northrop Grumman Corporation Research Report
On October 2, 2013, Northrop Grumman Corporation (Northrop Grumman) announced that the Federal Aviation Administration (FAA) has issued a multiuse Supplemental Type Certificate (STC) to the Company's Air Claw. The Company stated that the STC provides Air Claw customers with an FAA-certified airborne surveillance and reconnaissance capability. Bob Gamache, Director, Special Missions Systems, Northrop Grumman Technical Services, said, "This STC is an important step in demonstrating the safety and reliability of the system. It provides the ability for customers to acquire a fully modified aircraft and safely operate them within the FAA's 'normal' category. The certificate covers an operations-ready configuration and provides a baseline of testing and engineering for customers who may want to further tailor Air Claw[TM] to their specific mission needs." 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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