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New Contracts, Litigation Update, Earnings Release Schedules, and Financial Reports - Analyst Notes on General Dynamics, Northrop Grumman, Triumph, Smith & Wesson and Hexcel

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Analysts Review

Jun 24, 2014, 05:20 ET

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NEW YORK, June 24, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding General Dynamics Corp. (NYSE: GD), Northrop Grumman Corporation (NYSE: NOC), Triumph Group, Inc. (NYSE: TGI), Smith & Wesson Holding Corporation (NASDAQ: SWHC) and Hexcel Corp. (NYSE: HXL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4027-100free.

--
General Dynamics Corp. Analyst Notes
On June 16, 2014, General Dynamics Corp.'s (General Dynamics) wholly owned subsidiary, General Dynamics NASSCO, announced that it has entered into a contract with an affiliate of American Petroleum Tankers for the design and construction of an additional 50,000 deadweight ton LNG-conversion-ready product carrier with a 330,000 barrel cargo capacity. Kevin Graney, Vice President and General Manager of General Dynamics NASSCO, said, "NASSCO is very pleased to be continuing our partnership with American Petroleum Tankers by building a 5th ECO tanker. This additional order, plus NASSCO's existing backlog of tankers and containerships, is a clear indication that NASSCO is the shipyard of choice for Jones Act vessel construction." The construction is anticipated to begin in Q4 2015 and delivery is scheduled in Q2 2017. The full analyst notes on General Dynamics are available to download free of charge at:

http://www.analystsreview.com/Jun-24-2014/GD/report.pdf

--
Northrop Grumman Corporation Analyst Notes
On June 18, 2014, Northrop Grumman Corp. (Northrop Grumman) announced that it has been awarded a $238 million modification contract from the U.S. Air Force to render hardware and support for the Large Aircraft Infrared Countermeasure (LAIRCM) system. Under the terms of the contract, Northrop Grumman will be responsible to deliver additional transmitters, missile warning sensors, processors, lasers, control interface units and supporting equipment to the Air Force through April 2016. "This represents a continuation of a 14-year relationship with the Air Force to protect our aircrews," said Carl Smith, Vice President of Infrared Countermeasures Programs at Northrop Grumman's Land and Self Protection Systems Division. "Our LAIRCM open architecture has enabled this system to be upgraded and enhanced over time to introduce new technologies to counter emerging threats, while decreasing system cost, and steadily increasing reliability leading to an excellent total life cycle cost for the system." The full analyst notes on Northrop Grumman are available to download free of charge at:

http://www.analystsreview.com/Jun-24-2014/NOC/report.pdf

--
Triumph Group, Inc. Analyst Notes
On June 18, 2014, Triumph Group, Inc. (Triumph) announced a settlement of all pending litigation in relation with the Company, its subsidiary, Triumph Actuation Systems - Clemmons, LLC, and Eaton Corporation and certain of its subsidiaries. The settlement entails Eaton's approval to pay Triumph $135.3 million in cash. Triumph also agreed to dismiss with prejudice all counterclaims associated with the litigation, including the claims brought in Mississippi and North Carolina by Triumph, its subsidiary and the engineers against Eaton and its affiliates for wrongful conduct and anticompetitive activity in bringing and maintaining the trade secret claims. Jeffry D. Frisby, Triumph's President and CEO, said, "The settlement announced today brings to an end almost ten years of costly and burdensome litigation, and should eliminate any doubt about Triumph's right to compete legitimately in the market for aerospace hydraulic pumps and motors and hydraulic systems." The Company intends to address the settlement when it reports its Q1 FY 2015 results. The full analyst notes on Triumph are available to download free of charge at:

http://www.analystsreview.com/Jun-24-2014/TGI/report.pdf

--
Smith & Wesson Holding Corporation Analyst Notes
On June 19, 2014, Smith & Wesson Holding Corp. (Smith & Wesson) reported its Q4 FY 2014 and full-year FY 2014 financial results (period ended April 30, 2014). For the quarter, net sales totaled $170.4 million, down 4.6% YoY. Income from continuing operations totaled $24.9 million, or $0.44 per diluted share, compared with $28.6 million, or $0.44 per diluted share, in Q4 FY 2013. For full-year FY 2014, net sales were $626.6 million, up 6.7% YoY. Income from continuing operations was $88.6 million, or $1.47 per diluted share, compared with $81.4 million, or $1.22 per diluted share, in FY 2013. James Debney, Smith & Wesson President and CEO, stated, "We are very pleased with our record results for fiscal 2014, which include the highest sales, gross margin, and profits in the company's history. Our successful performance was driven by robust consumer demand for our products, combined with carefully managed increases in our manufacturing capacity." The Company now anticipates Q1 FY 2015 net sales to be between $130.0 million and $135.0 million. The full analyst notes on Smith & Wesson are available to download free of charge at:

http://www.analystsreview.com/Jun-24-2014/SWHC/report.pdf

--
Hexcel Corp. Analyst Notes
On June 19, 2014, Hexcel Corp. (Hexcel) announced the schedule of its earnings press release and teleconference. The Company is scheduled to release its Q2 2014 financial results on July 21, 2014, after the NYSE market close. Following the earnings release, the Company will hold a teleconference on July 22, 2014, at 10:00 a.m. ET. The call can also be heard live in listen-only mode via Internet broadcast from Hexcel's website. The full analyst notes on Hexcel are available to download free of charge at:

http://www.analystsreview.com/Jun-24-2014/HXL/report.pdf

--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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