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New Contracts, Strong Sales, and Successful Tests - Research Report on General Dynamics, Textron, GenCorp, Smith & Wesson, and ATK


News provided by

Wall Street Reports

Jun 21, 2013, 08:00 ET

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NEW YORK, June 21, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Wall Street Reports announced new research reports highlighting General Dynamics Corporation (NYSE: GD), Textron Inc. (NYSE: TXT), GenCorp Inc. (NYSE: GY), Smith & Wesson Holding Corporation (NASDAQ: SWHC), and Alliant Techsystems Inc. (NYSE: ATK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

General Dynamics Corporation Research Report

On June 19, 2013, General Dynamics Corporation (General Dynamics) announced that the Warfighter Information Network-Tactical (WIN-T) Increment 2, built by General Dynamics C4 Systems, recently completed a follow-on operational test and evaluation (FOT&E) during the U.S. Army's recent Network Integration Exercise (NIE). As per the Company, WIN-T Increment 2 is the mobile and secure communications system of the soldier's network, and is the cornerstone of the U.S. Army's modernization plan. U.S. Army Lt. Col. Robert M. Collins, Product Manager for WIN-T Increment 2, said that several insights from the FOT&E indicate the "positive impact this mobile network is going to have on the way we fight across the full spectrum of military operations. WIN-T Increment 2 will increase the pace at which the Army can conduct combat operations, extend operational distances for reach and reach back, while also decreasing the military decision-making time cycle."The Full Research Report on General Dynamics Corporation - 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/3706_GD]

--

Textron Inc. Research Report

On June 13, 2013, Textron Inc. (Textron) announced that the Bell Boeing V-22 Program, a strategic alliance between Bell Helicopter Textron Inc., a wholly-owned subsidiary of (Textron) and Boeing, was awarded a five-year U.S. Naval Air Systems Command (NAVAIR) contract for the production and delivery of 99 V-22 Osprey tiltrotor aircraft, including 92 MV-22 models for the U.S. Marine Corps and seven CV-22 models for the U.S. Air Force Special Command. The V-22 Osprey is a joint service, multirole combat aircraft that uses tiltrotor technology to combine the speed and range of a fixed-wing airplane with the vertical performance of a helicopter. Together with nacelles and rotors in vertical position, it can take off, land, and hover like a helicopter. After takeoff, the aircraft's nacelles can also be rotated to transform the aircraft into a turboprop airplane capable of high-speed and high-altitude flight. The Company reported that the $6.5 billion contract, structured to allow the U.S. Government savings of $1 billion as compared with procurements through single-year contracts, includes a provision permitting NAVAIR to order up to 23 additional aircraft. The Full Research Report on Textron 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/7369_TXT]

--

GenCorp Inc. Research Report

On June 18, 2013, Aerojet Rocketdyne, a GenCorp Inc. (GenCorp) company, and Experimental Design Bureau (EDB) Fakel (Fakel) of Kaliningrad, Russia, announced the signing of an extension to the teaming agreement between the two companies at the Paris Air Show. The agreement provides Aerojet Rocketdyne with the right to market and sell Fakel's low-power Hall thrusters (<1.5kW) in the US market. According to Roger Myers, Aerojet Rocketdyne Executive Director, "This teaming agreement combines Fakel's flight-proven, low-power Hall thrusters with Aerojet Rocketdyne's flight proven, high-power Hall systems to enable Aerojet Rocketdyne-provided Hall solar electric propulsion system solutions in the United States market. This will enable us to cover the full power spectrum needs of our customers."The Full Research Report on GenCorp 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/93fd_GY]

--

Smith & Wesson Holding Corporation Research Report

On June 13, 2013, Smith & Wesson Holding Corporation (Smith & Wesson) announced preliminary net sales and earnings per share results for Q4 FY 2013 and full-year FY 2013 (period ended April 30, 2013). For Q4 FY 2013, preliminary net sales increased c.38% YoY to $179 million. The Company expects preliminary GAAP net income from continuing operations to be approximately $0.44 per diluted share, compared to net income of $0.27 per diluted share in Q4 FY 2012. For FY 2013, net sales increased c.43% YoY to $588 million. Preliminary GAAP net income is expected to be approximately $1.22 per diluted share compared with net income of $0.40 per diluted share from continuing operations in FY 2012. The Company stated that the preliminary results include all the expected expenses from the Thompson/Center recall issued by the Company on June 13, 2013. The Full Research Report on Smith & Wesson Holding Corporation - 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/18df_SWHC]

--

Alliant Techsystems Inc. Research Report

On June 17, 2013, Alliant Techsystems Inc. (ATK) announced that it has been awarded a contract valued at more than $50 million from Rolls-Royce plc (Rolls Royce) to produce aft fan composite cases for the new Trent XWB-97 engine. This engine is the sole engine available to power the Airbus A350-1000 aircraft variant. With a potential to grow to $200 million, the Company stated that this life-of-type contract highlights its key role as a provider of large-scale composite components for commercial aircraft and engines. The first ATK-fabricated Trent XWB-97 aft fan case is scheduled for delivery late in 2013. 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]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. 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.
  4. 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 [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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

Equity News Network 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

Equity News Network 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 Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network 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.

SOURCE Wall Street Reports

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