Acquisitions, Strategic Collaborations, Awards, Loan Refinancing, and Appointments - Analyst Notes on L-3, AeroVironment, Rockwell, Spirit AeroSystems, and ATK Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, March 11, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding L-3 Communications Holdings Inc. (NYSE: LLL), AeroVironment, Inc. (NASDAQ: AVAV), Rockwell Collins Inc. (NYSE: COL), Spirit AeroSystems Holdings Inc. (NYSE: SPR), and Alliant Techsystems Inc. (NYSE: ATK). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
L-3 Communications Holdings Inc. Analyst Notes
On March 5, 2014, L-3 Communications Holdings Inc. (L-3) announced its acquisition of Data Tactics Corporation (Data Tactics). The Company stated that the business, renamed L-3 Data Tactics, is a specialized provider of Big Data analytics and cloud computing solution services, primarily to the U.S. Department of Defense. Commenting on the acquisition, Michael T. Strianese, L-3's Chairman, President and CEO, stated, "Data Tactics adds key capabilities in Big Data analytics to L-3's portfolio, a very attractive and specialized domain that immediately enhances L-3's existing National Security Solutions business and supports its growth as a solutions integrator for the national security and international markets. It also creates adjacent opportunities for L-3's ISR business. This acquisition supports our strategy of providing differentiated technologies and solutions that enable market share gains and distinguish L-3 from our competitors." According to L-3, the business is expected to generate sales of c.$50 million for the year ending December 31, 2014. The full analyst notes on L-3 Communications Holdings Inc. are available to download free of charge at:
AeroVironment, Inc. Analyst Notes
On February 6, 2014, AeroVironment, Inc. (AeroVironment) and Lockheed Martin Corp. (Lockheed Martin) announced that they have entered into an agreement to jointly pursue opportunities in unmanned aircraft system (UAS) development. Commenting on the agreement, Roy Minson, AeroVironment Senior Vice President and General Manager of Unmanned Aircraft Systems business segment, stated, "Numerous customers are seeking persistent solutions for wide area applications, such as border surveillance and communications, that are much more affordable than those available previously. Lockheed Martin's broad systems integration expertise gives us the opportunity to work together and develop innovative, end-to-end atmospheric satellite systems built around Global Observer that deliver breakthrough capabilities to customers." The full analyst notes on AeroVironment, Inc. are available to download free of charge at:
Rockwell Collins Inc. Analyst Notes
On March 5, 2014, Rockwell Collins Inc. (Rockwell) announced that it has named M/A-COM Technology Solutions, a leading provider of high performance analog semiconductor solutions for use in wireless and wireline applications across the radio frequency, microwave and millimeter wave spectrum, as the President's Award winner for 2014. Kevin Myers, Vice President, Material and Supply for Rockwell, commented, "Our supply chain plays a critical role in providing high quality and cost-effective solutions for our customers. M/A-COM earned our President's Award because of its exceptional performance, commitment to being a technology leader and its collaborative approach to doing business." Rockwell stated that the President's Award is presented to its top supplier at this annual event as an acknowledgement of its suppliers' significant contributions over the past year in the areas of quality, delivery, total cost of ownership, lead time, and customer service. The full analyst notes on Rockwell Collins Inc. are available to download free of charge at:
Spirit AeroSystems Holdings Inc Analyst Notes
On March 5, 2014, Spirit AeroSystems Holdings, Inc. (Spirit AeroSystems) reported that its wholly-owned subsidiary, Spirit AeroSystems, Inc., has launched a transaction to refinance its existing $540.4 million senior secured term loan B. The Company stated that the proposed transaction is expected to include a covenant-lite $540.4 million term loan B maturing in 2020 to replace the existing term loan B that matures in 2019. According to Spirit AeroSystems , the refinancing will be contingent upon, among other things, obtaining the necessary lender consents and the satisfaction of conditions precedent to the definitive loan documentation. The full analyst notes on Spirit AeroSystems Holdings Inc are available to download free of charge at:
Alliant Techsystems Inc. Analyst Notes
On March 3, 2014, Alliant Techsystems Inc. (ATK) announced that Michael Callahan was named as an independent director to the Company's Board of Directors, as well as appointed to its Audit Committee, effective on March 1, 2014. Commenting on the appointment, Chairman Ron Fogleman, stated, "Mike's 36 years of leadership in the sporting goods and outdoor industry, combined with his public company management experience and cross-functional expertise, are a valuable addition to ATK. The board of directors will benefit from Mike's perspective and input as the company expands its world leadership in the shooting sports and outdoor recreation markets." The full analyst notes on Alliant Techsystems Inc. are available to download free of charge at:
About Analysts Review
We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- 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.
- 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] AnalystsReview.com.
- For any urgent concerns or inquiries, please contact us at compliance [at] AnalystsReview.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider represented by Nidhi Vatsal, CFA, 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.
SOURCE Analysts Review