New Contracts and Offerings, Media Statements, and Survey Results- Research Report on Boeing, Lockheed Martin, Raytheon, Textron, and L-3 Communications
NEW YORK, October 22, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting The Boeing Company (NYSE: BA), Lockheed Martin Corporation (NYSE: LMT), Raytheon Company (NYSE: RTN), Textron Inc. (NYSE: TXT) 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.
The Boeing Company Research Report
On October 17, 2013, Reuters reported that The Boeing Company (Boeing) is still engaged with South Korea over the possible sale of F-15 fighter jets, despite Seoul's move in September 2013 to restart a multibillion dollar tender process, citing a Senior Executive of the Company. According to Reuters, Dennis Muilenburg, Executive Vice President, Boeing, President and CEO, Boeing Defense, Space & Security, said, "What they decided to do was to delay and take another look, so we're still very much engaged there with the F-15. That competition has been delayed and restructured but it's not over." The Reuters report further stated that the F-15 had been poised to win the South Korean tender, but Seoul pulled the plug after former military top brass and ruling party lawmakers criticized the plane for lacking stealth capabilities. The Full Research Report on The Boeing 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/f586_BA]
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Lockheed Martin Corporation Research Report
On October 17, 2013, Lockheed Martin Corporation (Lockheed Martin) issued a statement to the media on the end of the current US government shutdown. Lockheed Martin, announced, "We are pleased that Congress and the Administration reached an agreement to end the current U.S. government shutdown. The agreement will put the approximately 2400 furloughed Lockheed Martin employees back to work soon. We expect all U.S. government facilities to open, stop work orders to be lifted and for our operations to return to normal as soon as our customers are all back in place and have informed us that we may resume many critical programs that were halted during the shutdown. While we welcome today's news, we urge Congress and the Administration to focus on long term solutions to confront the difficult fiscal issues facing our country." 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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Raytheon Company Research Report
On October 15, 2013, Raytheon Company (Raytheon) announced the results of The Raytheon Millennial Cybersecurity Survey, commissioned by the Company and conducted by Zogby Analytics. Raytheon informed that while U.S. government officials found that the current pipeline for cyber security talent to be lacking, the recent survey showed that 82% of U.S. millennials said that no high school teacher or guidance counselor ever suggested them a career in cyber security. Further, the survey discovered that young men (35%) are much more inclined in a career in cyber security than young women (14%). Jack Harrington, Vice President of Cybersecurity and Special Missions for Raytheon's Intelligence, Information and Services business, said "This survey shows the gaps that exist in teaching personal online security to our youth and in our efforts to inspire the next generation of innovators." 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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Textron Inc. Research Report
On October 17, 2013, Bell Helicopter (Bell), a subsidiary of Textron Inc. (Textron), announced that GKN Aerospace will design, develop, and manufacture the V-tail aerostructure and ruddervators for the Bell V-280 Valor. The Company informed that the transformational features of Bell Helicopter's third generation tiltrotor represent the most operationally effective aircraft for the U.S. Army's Future Vertical Lift requirements. Bell stated that with increased maintainability and component systems reliability, the Bell V-280 is designed to deliver the best value in procurement, operations and support, and force structure. 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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L-3 Communications Holdings, Inc. Research Report
On October 16, 2013, L-3 Communications Holdings, Inc. (L-3) announced that the Company's Warrior Systems-ALST business has been awarded a contract to deliver Ground Laser Target Designators (GLTD) to the republic of Korea (ROK). According to the Company, the initial contract value is worth c.$30 million, and L-3 expects to start delivering products in mid-2014. According to the terms of the contract with ROK's Defense Acquisition Program Administration (DAPA), the Company will provide Scarab GLTD systems, conduct in-country operator and maintenance training and supply spares, as well as establish and maintain a full-range, multi-year logistics support capability in the ROK. Further, L-3 stated that the Scarab GLTD systems are lightweight, single man-portable system with tripod mounting and provide a unique operational capability to identify and designate targets on the ground. 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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