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Aerospace-Defense News

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Canada pleads Bombardier's case in trade fight with Boeing

Mon, 18 Dec 2017 20:06:06 GMT

Canadian Ambassador to the United States David MacNaughton will go to bat on Bombardier's behalf at a trade hearing in Washington on Monday. Boeing Co.'

Bombardier, CRRC JV win $271 mln contract to build monorail in China

Mon, 18 Dec 2017 13:04:55 GMT

A joint venture between Bombardier Inc and China's CRRC Corp Ltd has won a 1.79 billion yuan contract to build a monorail line for a Chinese city, the Canadian transport giant said on Monday. Bombardier said in a press release that CRRC Puzhen Bombardier Transportation Systems Limited won the contract to supply Wuhu city in eastern China with its automated Innovia monorail system and 240 cars, the unit's first monorail contract in China.

Vietnam follows Beijing with South China Sea upgrades of its own

Mon, 18 Dec 2017 08:22:46 GMT

As China continues to transform disputed territory in the South China Sea into features capable of sustaining air and naval bases, Vietnam is also upgrading areas it occupies. Images taken by DigitalGlobe satellites in September show new facilities, including a possible dry dock, at West London Reef in the Spratly Island chain, around 680 km southeast of Ho Chi Minh City, that could allow boats to stop for maintenance and patrol for longer periods.

$0.52 EPS Expected for Ball Co. (BLL) This Quarter

Mon, 18 Dec 2017 03:44:35 GMT

Equities analysts predict that Ball Co. will post earnings of $0.52 per share for the current quarter, according to Zacks .

Astronics (ATRO) Rating Lowered to Buy at BidaskClub

Mon, 18 Dec 2017 01:16:57 GMT

ATRO has been the topic of several other reports. Dougherty & Co increased their price target on Astronics from $40.00 to $45.00 and gave the stock a "buy" rating in a research report on Monday, December 4th.

M&T announces death of Chairman and CEO Robert Wilmers

Sun, 17 Dec 2017 20:37:58 GMT

"With deep sadness, M&T Bank Corporation announced that Chairman and Chief Executive Officer Robert G. Wilmers died suddenly and unexpectedly at home late last night. He was 83. In accordance with its succession plan, M&T's Board of Directors named lead outside director Robert T. Brady, former Chairman and CEO of Moog, Inc., as M&T's Non-Executive Chairman, effective immediately.

General Electric Company (GE) Expected to Announce Quarterly Sales of $32.69 Billion

Sun, 17 Dec 2017 18:21:34 GMT

Wall Street analysts predict that General Electric Company will post sales of $32.69 billion for the current fiscal quarter, Zacks reports. Five analysts have made estimates for General Electric's earnings, with the lowest sales estimate coming in at $31.78 billion and the highest estimate coming in at $33.61 billion.

First Republic Investment Management Inc. Increases Holdings in Ball Co.

Sun, 17 Dec 2017 13:41:25 GMT

First Republic Investment Management Inc. boosted its position in Ball Co. by 56.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC.

Analyzing Precision Castparts (PCP) and Its Rivals

Sun, 17 Dec 2017 09:04:16 GMT

Precision Castparts is one of 43 publicly-traded companies in the "Aerospace & Defense" industry, but how does it weigh in compared to its peers? We will compare Precision Castparts to similar companies based on the strength of its institutional ownership, profitability, earnings, risk, dividends, valuation and analyst recommendations. This is a summary of current ratings and price targets for Precision Castparts and its peers, as provided by

Heico (HEI) Hits New 12-Month High at $96.00

Sun, 17 Dec 2017 09:04:15 GMT

Shares of Heico Corp reached a new 52-week high during mid-day trading on Friday . The company traded as high as $96.00 and last traded at $91.80, with a volume of 215900 shares.

Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Embraer (ERJ) Stock Price

Sun, 17 Dec 2017 04:32:45 GMT

News coverage about Embraer has trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than twenty million blog and news sources.

Lockheed Martin teams up to build supersonic business jet

Sun, 17 Dec 2017 04:32:44 GMT

The Aerion AS2 shown in this illustration would be the world's first supersonic business jet. It is being developed by Lockheed Martin, partnering with Aerion Corp of Reno, Nev.

German military kicks off heavy lift helicopter competition: source

Sun, 17 Dec 2017 02:21:42 GMT

BERLIN: Germany's military has approved plans to buy 45 to 60 new heavy-lift helicopters, kicking off a competition between the two largest US weapons makers for the contract worth nearly 4 billion euros , a military source said on Friday. Lockheed Martin Corp will bid with its massive CH-53K helicopter, while Boeing Co will seek to sell its smaller twin-rotor CH-47.

Russell Investments Group Ltd. Has $3.70 Million Position in Ball Co.

Sat, 16 Dec 2017 23:55:43 GMT

Russell Investments Group Ltd. raised its stake in Ball Co. by 73.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC.

Triumph Group Inc (TGI) Shares Bought by Sei Investments Co.

Sat, 16 Dec 2017 19:22:35 GMT

Sei Investments Co. boosted its position in shares of Triumph Group Inc by 35.6% during the 3rd quarter, according to the company in its most recent filing with the SEC.

Boeing Co (BA) Position Cut by Perpetual Ltd

Sat, 16 Dec 2017 17:00:35 GMT

Perpetual Ltd cut its position in shares of Boeing Co by 12.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,372 shares of the aircraft producer's stock after selling 600 shares during the period.

Raytheon (RTN) Cut to Neutral at J P Morgan Chase & Co

Sat, 16 Dec 2017 17:00:34 GMT

The brokerage currently has $210.00 price target on the aerospace company's stock, up from their previous price target of $190.00. A number of other equities analysts have also recently weighed in on the company.