NEW YORK, December 20, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting The Boeing Company (NYSE: BA), Lockheed Martin Corporation (NYSE: LMT), General Dynamics Corporation (NYSE: GD), Curtiss-Wright Corporation (NYSE: CW), and Exelis Inc. (NYSE: XLS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Boeing Company Research Report
On December 16, 2013, The Boeing Company (Boeing) announced that its Board of Directors has authorized an additional $10 billion for the Company's share repurchase plan and declared a regular quarterly dividend increase of approximately 50% to $0.73 per share. The Company stated that the approved $10 billion repurchase authorization is in addition to the approximately $800 million remaining from the 2007 stock repurchase authorization. Boeing added that the repurchase activity for 2013 is complete and is expected to resume in January 2014. The Company informed that the declared dividend is payable on March 7, 2014, to shareholders of record as of February 14, 2014. Chairman, President and CEO, Jim McNerney, commented, "These actions reflect sustained, strong operational performance by our businesses, increasing cash flow, and our confidence in the future. Our team's relentless focus on business execution and competitiveness is providing the financial strength to continue investing in our core businesses while increasing our returns to shareholders." The Full Research Report on The Boeing Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Lockheed Martin Corporation Research Report
On December 17, 2013, Lockheed Martin Corporation (Lockheed Martin) reported that the Company's second Space-Based Infrared System (SBIRS) Geosynchronous Earth Orbit (GEO) satellite has been declared operational. The Company informed that the SBIRS GEO-2 satellite received Air Force Space Command Operational Acceptance on November 25, 2013. Jeff Smith, Vice President of Overhead Persistent Infrared (OPIR) mission area at Lockheed Martin, stated, "The certification of GEO-2 just eight months after launch validates the performance advances we expected to start seeing as the SBIRS program moved into full production." The Company added that in fall 2013, GEO-3 successfully passed functional integration testing of its spacecraft bus, and is scheduled for delivery to the Air Force in 2014. 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:
General Dynamics Corporation Research Report
On December 10, 2013, General Dynamics Corporation (General Dynamics) reported that General Dynamics Canada, part of General Dynamics C4 Systems, a business unit of the Company, has delivered the first of three deployable fast-time analysis systems for the CP-140 Aurora Maritime Patrol Aircraft. David Ibbetson, Vice President of General Dynamics C4 Systems International, commented, "Wherever in the world Canada's Aurora is called to action, crews can easily transport this system and allow ground crews to replay and analyze recorded acoustic information as soon as the aircraft lands. This time-critical access to recorded acoustic data supports command-level decision making as target identities are confirmed, classified and characterized in the field. The replay capability, at speeds more than eight times faster than normal, enables mission reconstruction and debriefing as well as providing the opportunity for onsite crew training immediately following missions." 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:
Curtiss-Wright Corporation Research Report
On December 11, 2013, Curtiss-Wright Corporation (Curtiss-Wright) announced the transition to a new segment structure that will include Commercial/Industrial, Defense, and Energy segments, effective January 1, 2014. David C. Adams, President and CEO of Curtiss-Wright, commented, "I am pleased to announce the new 'One Curtiss-Wright' vision and our transition to the future segment structure as an integrated, market-facing global diversified industrial company." The Company also reaffirmed its full-year 2013 guidance regarding Sales, Operating Income, Diluted EPS and Free Cash Flow. Curtiss-Wright further provided initial guidance for full-year 2014, with sales expected to grow 6-8%, operating income growth of 13-18%, diluted EPS growth of 14-20%, and free cash flow growth of 22-30%. The Full Research Report on Curtiss-Wright Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Exelis Inc. Research Report
On December 17, 2013, Exelis Inc. (Exelis) reported that it will support data analysis of images from SkySat-1 with the release of the Company's ENVI image analysis software in the early 2014. The Company informed that SkySat-1 is the first in a planned constellation of 24 satellites from Skybox Imaging. Richard Cooke, Vice President and General Manager of the Exelis Geospatial Intelligence Solutions business, stated, "With ENVI, Skybox imagery can support several industries, help identify features of interest from a large scene, detect geographic changes over a period of time or pinpoint the existence of specific materials present in an area of interest." The Full Research Report on Exelis Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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SOURCE Analysts' Corner