Contracts, M&As, Regional Milestones, and Expansions Secure Long-Term Growth in Aerospace & Defense - Research Report on ITT Exelis, ATK, HII, Embraer, and Ruger
NEW YORK, July 11, 2013 /PRNewswire/ --
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Today, Wall Street Reports announced new research reports highlighting Exelis, Inc. (NYSE: XLS), Alliant Techsystems Inc. (NYSE: ATK), Huntington Ingalls Industries, Inc. (NYSE: HII), Embraer SA (NYSE: ERJ), and Sturm, Ruger & Co. Inc. (NYSE: RGR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Exelis, Inc. Research Report
On July 3, 2013, Exelis, Inc. (Exelis) announced that it has been selected by the US Marine Corps Logistics Command as one of the prime contractors for a five-year, $854 million Marine Corps Logistics Support Services (MCLOGSS) contracts program. Ken Hunzeker, President of the Mission Systems division of Exelis, commented, "Exelis is uniquely positioned to participate in this program due to its extensive experience and performance in other Defense logistics programs, and we look forward to providing the same type of support to these important Marine Corps requirements." The Company also stated that the work on the MCLOGSS programs will be performed at multiple locations in various regions. The Full Research Report on Exelis, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/5559_XLS]
Alliant Techsystems Inc. Research Report
On June 24, 2013, Alliant Techsystems Inc. (ATK) announced that it has successfully completed its acquisition of the Caliber Company. Mark DeYoung, President and CEO of ATK, stated, "Savage has an outstanding reputation in the hunting and shooting sports industry, and we are pleased we can now include Savage as one of ATK's highly recognized sporting brands." DeYoung continued, "ATK is committed to delivering affordable innovation to its customers, and this acquisition offers a great opportunity to expand our world leadership in sporting and security ammunition and accessories into the long guns market." The Company reported that it expects the acquisition to be accretive to its FY 2014 EPS. The Full Research Report on Alliant Techsystems Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/27c6_ATK]
Huntington Ingalls Industries, Inc. Research Report
On June 28, 2013, Huntington Ingalls Industries, Inc. (HII) announced that it has been awarded a $745 million cost-plus-incentive fee contract for the inactivation of the aircraft carrier USS Enterprise (CVN 65). HII reported that the work will be conducted at its Newport News Shipbuilding (NNS) division. Chris Miner, Vice President, In-Service Aircraft Carrier Programs, NNS, said, "Although Newport News Shipbuilding has defueled and refueled many ships, including Enterprise, this is the first inactivation of a nuclear-powered aircraft carrier." Miner added, "Our shipbuilders know Enterprise well and have enjoyed working on her over her decades of service. We are extremely proud of her great legacy, so it is with heavy hearts that we will work to retire this one-of-a-kind ship." The Full Research Report on Huntington Ingalls Industries, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/0bfc_HII]
Embraer SA Research Report
On June 27, 2013, Embraer SA (Embraer) announced that Embraer Executive Jets' Phenom 300 light executive jet will join the fleet of China's Ordos General Aviation Co., Ltd. in Q3 2013. Embraer reported that this is the first aircraft of this model sold in the Chinese market. Guan Dongyuan, President of Embraer China, commented, "Having Ordos General Aviation as the launch customer of the Phenom 300 in China is an important milestone for Embraer Executive Jets." Dongyuan continued, "The new partnership is indeed a strong endorsement of Embraer Executive Jets. Our companies share the same vision of the promising future of China's executive aviation market. The Phenom 300 has been well received worldwide by owner-operators, corporate flight departments and leading fractional providers alike, making it an ideal aircraft to satisfy customer requirements for comfort, performance and reliability. The introduction of the Phenom 300 in China validates its place as a global leader among light business jets." The Full Research Report on Embraer SA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/90ce_ERJ]
Sturm, Ruger & Co. Inc. Research Report
On July 8, 2013, Sturm, Ruger & Co. Inc. (Ruger) announced its plan to open its third manufacturing plant in Mayodan, North Carolina. Ruger stated that the manufacturing plant will be a 220,000 square foot facility, which is expected to be finalized in August 2013. The Company stated that this is its first major expansion initiative in over 25 years. The Full Research Report on Sturm, Ruger & Co. Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/1149_RGR]
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SOURCE Wall Street Reports