Industrial Goods Companies Meet Safety Requirements, Make Donations, Report Changes, New Contracts and Appointments - Research Report on Fluor, Northrop Grumman, Parker, General Dynamics, and ITW
NEW YORK, September 16, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Fluor Corporation (NYSE: FLR), Northrop Grumman Corporation (NYSE: NOC), Parker Hannifin Corporation (NYSE: PH), General Dynamics Corp. (NYSE: GD), and Illinois Tool Works Inc. (NYSE: ITW). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Fluor Corporation Research Report
On September 4, 2013, Fluor Corporation (Fluor) announced that its joint venture with American Bridge was able to meet the seismic safety opening requirements to allow Caltrans to open the new East Span of the San Francisco Oakland Bay Bridge. According to the Company, the Bay Bridge was officially opened to traffic on Labor Day evening. As stated by Fluor, the American Bridge/Fluor Joint Venture (ABFJV) was originally awarded the Self-Anchored Suspension Span of the Bay Bridge project in March 2006. According to the Company, ABFJV's Self-Anchored Suspension Span (SAS) has transformed the Bay Bridge's appearance with its unique, asymmetric design, and with a full SAS span length of approximately 2,050 feet, the SAS is the largest and longest single-tower, self-anchored suspension bridge in the world. The Full Research Report on Fluor Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/eb9d_FLR]
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Northrop Grumman Corporation Research Report
On September 10, 2013, Northrop Grumman Corporation (Northrop Grumman) announced that the Company recently donated two Cessna 400 Series aircraft for training purposes to the Georgia Northwestern Technical College, continuing its commitment to the educational development of future science, technology, engineering and mathematics (STEM) engineers. According to the Company, this donation will further the college's ability to provide maintenance students hands-on training in aircraft maintenance, as well as in obtaining aircraft maintenance certifications. As stated by Northrop, both aircraft were highly modified to perform aerial mapping work using high-speed digital camera systems and laser equipment and were capable of detailed topographic survey mapping. Further, the Company informed that the aircraft will be used to train students to operate aircraft on the ground, taxi procedures and safety training. They will also be able to perform airframe and engine inspections. The Full Research Report on Northrop Grumman Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f842_NOC]
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Parker Hannifin Corporation Research Report
On September 5, 2013, Parker Hannifin Corporation (Parker) released supplemental sales information on three global technology platforms within its Diversified Industrial Segment. The Company stated that it will have two reporting segments beginning in FY 2014, Diversified Industrial and Aerospace System, and Parker will continue providing supplemental sales and profitability data for North America and International within the Diversified Industrial Segment. Chairman, CEO, and President, Don Washkewicz commented, "Parker has been transformed significantly through the successful implementation of the Win Strategy. We believe providing this additional information will bring more transparency to investors about Parker's underlying businesses and will broaden awareness of our competitive strengths. The information highlights our global presence, sales channels, end markets, products and applications and showcases the breadth of technologies across our Diversified Industrial Segment that we draw on to meet our customers' needs." The Full Research Report on Parker Hannifin Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/ba4f_PH]
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General Dynamics Corp. Research Report
On September 10, 2013, General Dynamics Corp. (General Dynamics) announced that the US Army TACOM Life Cycle Management Command has awarded a $118 million contract to its business unit, General Dynamics Land Systems, to convert 66 flat-bottom Stryker infantry combat vehicles to a newer, more survivable double-V hull (DVH) design. According to the Company, deliveries of the vehicles will begin in July 2014 and be completed by February 2015. The Company reported that in year 2012, the Army partnered with General Dynamics and launched a Stryker DVH-exchange pilot program to validate the components from traditional Stryker flat-bottom variants can be quickly refurbished and installed on a new, more survivable double-V hull variant, at less cost than producing a new vehicle. Subsequently, in April 2013, General Dynamics and the Anniston Army Depot in Anniston, Alabama, successfully completed the DVH pilot program and delivered 52 Stryker vehicles on time and under budget. The Company further informed that the final assembly work will be performed at the Anniston Army Depot and will help to sustain the jobs of 80 employees who support the program, and the contract will also preserve several jobs at General Dynamics' plant in Scranton, Pennsylvania. 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: [http://www.analystscorner.com/r/full_research_report/3505_GD]
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Illinois Tool Works Inc. Research Report
On September 9, 2013, Illinois Tool Works Inc. (ITW) announced the election of Michael M. Larsen as the Company's Senior Vice President and CFO by ITW's Board of Directors. Commenting on the appointment, President and CEO Scott Santi said, "We are pleased to welcome Michael to the ITW team. Michael is a proven leader who brings considerable financial, operational, and senior leadership experience to ITW. I am confident that he will be an excellent addition to ITW's executive leadership team as our CFO." The Full Research Report on Illinois Tool Works Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/716e_ITW]
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