Search Results for: United Technologies

Lockheed 3Q Earnings, Revenue Top Forecasts; Marillyn Hewson Updates IS&GS Review and Sikorsky Buy

Lockheed Martin (NYSE: LMT) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $2.77 per share, five cents higher than the consensus Wall Street estimate and one cent above EPS figures reported for the prior year period. Profit declined 2.6 percent …

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UTC 3Q Earnings Beat Forecasts, Revenue Below Estimates as Company Unveils $12B Stock Repurchase Plan

United Technologies Corp. (NYSE: UTX) has reported third quarter earnings of $1.61 per share, six cents higher than the Wall Street consensus estimate and down 17 cents from the prior year quarter on a strong U.S. dollar. The company also unveiled a new $12 billion share repurchase plan that includes a $6 …

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October 19 Market Close: GovCon Index Trades in Narrow Range as 3Q Earnings Season Arrives

The GovCon Index mirrored a narrow day of trading activity in U.S. markets Monday as it closed at a nominal gain of 0.049 points to 73.293. Large defense contractors in the Index are scheduled to report their third quarter earnings this week with Lockheed Martin (NYSE: LMT) set for Tuesday morning, Boeing …

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Sikorsky Lands $191M Navy Contract for Chopper Assembly Repairs

Sikorsky Aircraft will provide repair coverage for six CH-53 and MH-53 weapons replaceable assemblies under a $191.5 million firm-fixed-price, sole-source contract from the U.S. Navy. The Defense Department said Friday the company will perform work in Connecticut through December 2017. The Naval Supply Systems Command‘s weapon systems support division is the contracting activity, DoD added. …

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Weekly Roundup Sept 21 – Sept 25 2015: ULA Acquisition Talk Bubbles Again, OPM’s Latest Hack Revelation & more

Weekly Roundup Sept 21 – Sept 25 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Could GovCon see at least one more blockbuster merger-and-acquisition deal in 2015? One week after Aerojet Rocketdyne’s $2 billion bid for the United Launch Alliancewas rejected, the propulsion technology …

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Reports: US Regulators OK Lockheed’s Sikorsky Acquisition

U.S. regulators have approved Lockheed Martin‘s (NYSE: LMT) $9 billion acquisition of United Technologies Corp.‘s (NYSE: UTX) Sikorsky Aircraft subsidiary, Reuters reported Thursday. Andrea Shalal writes that filings with the U.S. Securities and Exchange Commission indicate that U.S. officials, as well as regulators in Japan and South Korea, have approved the acquisition deal. …

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8 Win DHS Mobile Security R&D Project

TYSONS CORNER, VA September 11, 2015 — ExecutiveBiz reported Thursday on the Department of Homeland Security awarding research contracts worth $10.4 million in total to help improve mobile devices in the federal workplace. HRL Laboratories, Kryptowire, Northrop Grumman (NYSE: NOC) and the United Technologies Research Center will work on the R&D project …

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3 Firms Awarded DHS R&D Work on Authentication Tech for Mobile

TYSONS CORNER, VA August 17, 2015 — The Department of Homeland Security has awarded HRL Laboratories, Northrop Grumman and United Technologies Research Center contracts worth nearly $5 million to research and develop a secure authentication tool for mobile devices, ExecutiveBiz reported Friday. FedScoop said the DHS Science and Technology directorate …

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NASA Taps 13 Companies for Aerospace Research at Glenn Center

NASA has selected 13 companies to support aerospace research and provide propulsion and communications systems to the Glenn Research Center in Ohio under five-year contracts with a maximum value of $190 million. The space agency said Wednesday awardees will work to develop, verify and demonstrate communications, propulsion, structures and materials technology for space …

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GKN to Acquire Dutch Aircraft Manufacturer Fokker for $780M

GKN has agreed on the estimated $779.6 million acquisition of Arle Capital‘s Fokker Technologies company as part of GKN’s efforts to establish its business as a global supplier to the aerospace sector. GKN said Tuesday its aerospace business will absorb Fokker as an operating unit following the close of the acquisition scheduled …

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