Quarterly Financial Reports, Full-Year Outlook, Services Support Agreement, and Solution Implementation - Research Reports on UTC, Lockheed Martin, Raytheon, General Dynamics and Rockwell Collins Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, July 25, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding United Technologies Corporation (NYSE: UTX), Lockheed Martin Corporation (NYSE: LMT), Raytheon Company (NYSE: RTN), General Dynamics Corporation (NYSE: GD) and Rockwell Collins, Inc. (NYSE: COL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5120-100free.
United Technologies Corporation Research Reports
On July 22, 2014, United Technologies Corporation (UTC) reported Q2 2014 financial results. In Q2 2014, the Company's sales increased 7.4% YoY to $17.2 billion, reflecting the benefit of organic growth and a cumulative adjustment for the CHMP offset by net divestitures. Q2 2014 net income attributable to common shareowners was $1.7 billion or $1.84 per diluted share, compared to $1.6 billion or $1.70 per diluted share in Q2 2013. "With earnings up 11 percent, excluding the impact of restructuring and one-time items, UTC delivered a strong first half of the year," said Louis Chenevert, Chairman and CEO of UTC. "Our solid backlogs, organic growth trends, and focus on execution give us confidence to increase the lower end of our earnings per share range. We now expect earnings per share of $6.75 to $6.85, up from $6.65 to $6.85 previously." The full research reports on UTC are available to download free of charge at:
Lockheed Martin Corporation Research Reports
On July 22, 2014, Lockheed Martin Corporation (Lockheed Martin) reported Q2 FY 2014 financial results (period ended June 29, 2014). In Q2 FY 2014, the Company achieved net sales of $11.3 billion, down 0.9% YoY. Q2 FY 2014 net earnings were $889.0 million, or $2.76 per diluted share, compared to $859.0 million, or $2.64 per diluted share, in Q2 FY 2013. For full-year FY 2014, Lockheed Martin expects net sales of $45.5 billion, with diluted EPS of $10.85 to $11.15. Lockheed Martin Chairman, President and CEO Marillyn Hewson, said, "Our sound strategy, diverse portfolio and focus on affordability are yielding results and delivering value to our customers and shareholders." The full research reports on Lockheed Martin are available to download free of charge at:
Raytheon Company Research Reports
On July 17, 2014, Raytheon Company (Raytheon) announced that it will serve as a weapons integrator for Italian aircraft manufacturer Alenia Aermacchi. According to the Company, it will provide 31 months of engineering services support for integration of MK 54 and MK 46 torpedoes onto the Alenia Aermacchi ATR-72-600ASW maritime patrol aircraft. Raytheon confirmed that it has received a $5.7 million contract to support Alenia Aermacchi's test, integration, and qualification for the external carriage and tactical employment of the lightweight torpedoes. The full research reports on Raytheon are available to download free of charge at:
General Dynamics Corporation Research Reports
On July 22, 2014, General Dynamics Corporation (General Dynamics) announced that its business unit General Dynamics Information Technology has implemented a NextGen-911 emergency service solution for Morgan County, Ohio. The Company explained that the NextGen-911 solution is designed to enable Morgan County to easily accept emergency information from different sources, as well as to provide first responders with faster, more accurate details to aid in response. Further, General Dynamics noted that Morgan County's NextGen-911 system is one of the first to be compliant with the National Emergency Number Association's (NENA) i3 architecture standards. The full research reports on General Dynamics are available to download free of charge at:
Rockwell Collins, Inc. Research Reports
On July 22, 2014, Rockwell Collins, Inc. (Rockwell Collins) reported financial results for Q3 FY 2014 (period ended June 30, 2014). In Q3 FY 2014, the Company's sales totaled $1.3 billion, up 11.7% YoY, primarily due to the acquisition of ARINC on December 23, 2013. Q3 FY 2014 net income was $158.0 million, or $1.15 per diluted share, compared to $164.0 million, or $1.20 per diluted share, in Q3 FY 2013. For full-year FY 2014, Rockwell Collins expects total sales of $4.90 billion to $4.95 billion, and EPS of $4.45 to $4.55. The full research reports on Rockwell Collins are available to download free of charge at:
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