Conference Participations, Financial Results, and Contract Modifications - Research Report on Boeing, BE Aerospace, Lockheed Martin, TransDigm, and General Dynamics
29 Nov, 2013, 08:00 ET
NEW YORK, November 29, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Boeing Co. (NYSE: BA), BE Aerospace Inc. (NASDAQ: BEAV), Lockheed Martin Corporation (NYSE: LMT), TransDigm Group Incorporated (NYSE: TDG), and General Dynamics Corp. (NYSE: GD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Boeing Co. Research Report
On November 20, 103, Boeing Co. (Boeing) reported that Boeing Defense, Space & Security President and CEO Dennis Muilenburg will speak at the Credit Suisse Global Industrials Conference in New York, on December 4, 2013 at 11:00 a.m. ET. The Company added that the conference will be broadcast live via a link available on the website of the Company. The Full Research Report on Boeing Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
BE Aerospace Inc. Research Report
On November 26, 2013, BE Aerospace Inc. (BE Aerospace) announced that the Company will give a presentation to institutional investors at the Credit Suisse Global Industrials Conference in New York City on December 4, 2013, beginning at 8:15 a.m. ET. BE Aerospace stated that the live audio broadcast of the presentation will be available on the Investor Relations section of the Company's website. The Full Research Report on BE Aerospace Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Lockheed Martin Corporation Research Report
On November 26, 2013, Lockheed Martin Corporation (Lockheed Martin) reported that the Company will webcast live a presentation by Executive Vice President and CFO Bruce Tanner at the Credit Suisse Global Industrials Conference on December 3, 2013 from 11:00 a.m. to 11:40 a.m. EST. The Company informed that the live webcast of the presentation will be available at the investors section of its website and audio replay of the same will be available for two weeks following the presentation. The Full Research Report on Lockheed Martin Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
TransDigm Group Incorporated Research Report
On November 14, 2013, TransDigm Group Incorporated (TransDigm) reported its Q4 FY 2013 (period ended September 30, 2013) and full-year FY 2013 financial results. Net sales increased 16.7% YoY to $539.7 million. Net loss applicable to common stock for the quarter was $11.1 million or $0.20 per diluted share, compared to net income of $87.9 million or $1.63 per diluted share in Q4 FY2012. For full-year FY 2013, net sales increased 13.2% YoY to $1.9billion. Net income applicable to common stock was $131.5 million or $2.39 per diluted share for full-year FY 2013, compared to $321.7 million or $5.97 per diluted share in full-year FY 2012. Chairman and CEO W. Nicholas Howley said, "We are pleased with our overall operating results for both the quarter and full fiscal year despite softness in the commercial aftermarket for much of the year. In addition to three recent acquisitions, our organic commercial OEM and defense revenues performed better than we originally anticipated. Our full fiscal year EBITDA As Defined margin of 47% was strong in spite of unfavorable dilution from acquisitions and sales mix. This performance reflects the ability of our consistent strategy to create intrinsic shareholder value through the ups and downs of the aerospace market cycle as a result of our strict operating focus and a well defined acquisition strategy." For full-year FY 2014, the Company anticipates net sales to be in the range of $2,155 million to $2,215 million and EPS to be in the range of $6.16 to $6.48 per share. The Full Research Report on TransDigm Group Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
General Dynamics Corp. Research Report
On November 22, 2013, General Dynamics Corp. (General Dynamics) reported that its subsidiary, General Dynamics Electric Boat (Electric Boat),has been awarded two contract modifications by the US Navy worth a total value of $16.8 million to perform nuclear and non-nuclear maintenance work for submarines homeported at the Naval Submarine Base in Groton. The Company stated that under the first contract which is valued at $8.8 million,Electric Boat will continue to operate the Nuclear Regional Maintenance Department (NRMD) at the submarine base and will provide project management, planning, training and nuclear services to support maintenance, modernization and repairs. The Company informed that under the second contract which is valued at $8 million, Electric Boat will continue operating the New England Maintenance Manpower Initiative (NEMMI) at the submarine base, and willprovide a wide range of overhaul, repair and modernization services in support of nuclear submarines, floating dry-docks, support and service craft and other platforms and equipment. The Full Research Report on General Dynamics Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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