Northrop Grumman Sperry Marine to Brief Reporters on Its New Market Direction and Product Offerings at SMM Trade Show in Hamburg, Germany

August 28th, 2012 by InvestorPoint


Joseph Ackerman, Elbit Systems’ President and CEO, Announces His Intention to Retire at the End of March 2013

August 13th, 2012 by InvestorPoint


Another International Success for Elbit Systems Unmanned Aircraft Systems: Elbit Systems to Supply a Latin American Customer with Hermes 900 and Hermes 450 UAS for Tens of Millions of Dollars

August 5th, 2012 by InvestorPoint


Elbit Systems Awarded an Approximately $80 Million Contract to Supply Boeing with Structural Components

June 13th, 2012 by InvestorPoint

HAIFA, Israel, June 13, 2012 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ and TASE: ESLT) (“Elbit Systems”) announced today that its wholly-owned Israeli subsidiary Elbit Systems – Cyclone Ltd. (“Cyclone”) was awarded an approximately $80 million contract for the supply of structural components to The Boeing Company (“Boeing”). The contract will be performed over seven years. Yoram Shmuely, Co-General Manager of Elbit Systems’ Aerospace Division, commented: “We are proud to have been selected, once …continued

Two Leaders In Water – Pentair And Watertronics – Team Up To Create Awareness For The Benefits Of Rain Water Harvesting And Reuse

June 8th, 2012 by InvestorPoint

Co-Marketing Agreement Aims To Educate Businesses On How To Achieve Measurable Results In Water And Energy Conservation DELAVAN, Wis., June 8, 2012 /PRNewswire/ — As clean water grows increasingly scarce globally, more and more businesses are adopting plans to harvest rainwater locally. Recognizing this need for improved water conservation in both new and existing building projects, Pentair (NYSE: PNR) and Watertronics have combined forces to educate architects, consultants and engineering firms on…continued

Boeing Delivers Air Lease Corporation’s First Next-Generation 737-800

June 4th, 2012 by InvestorPoint

- Next-Generation 737-800 to be cornerstone of ALC’s fleet portfolio – Airplane to be operated by Korean Air SEATTLE, June 4, 2012 /PRNewswire/ – Boeing (NYSE: BA) celebrated today its first new airplane delivery to Air Lease Corporation (ALC) from their order placed during the 2010 Farnborough Air Show. The Los Angeles-based leasing company took delivery of a Next-Generation 737-800, which will be leased from ALC and operated by Korean Air. “This delivery is another major step in ALC’s miss…continued

Motion picture virtual reality technology to be demonstrated as a public safety training system

May 24th, 2012 by InvestorPoint

VIRTSIM™, similar to technology used in “The Avengers,” improves how law enforcement agencies train for emergencies DALLAS, May 24, 2012 /PRNewswire/ – More than 500 public and private law enforcement and border security officials in the Dallas-Fort Worth area will be on hand to see how virtual reality technology from Raytheon Company (NYSE: RTN) and Motion Reality Inc. improves training methods with a variety of lifelike scenarios. (Photo:…continued

Photo Release — Northrop Grumman’s Charlottesville Campuses Host USO Stuffing Party

May 17th, 2012 by InvestorPoint

CHARLOTTESVILLE, Va., May 17, 2012 (GLOBE NEWSWIRE) — More than 10,000 deploying service members will receive “care packages” from the USO thanks to a stuffing party held recently by 130 employees from Northrop Grumman Corporation (NYSE:NOC). Photos accompanying this release are available at Northrop Grumman employees, who spend their workdays designing and producing advanced military systems for sailors, soldiers,…continued

Elbit Systems’ Joint Venture with Rockwell Collins, VSI, Awarded a Contract Valued at Approximately $32 Million to Supply Joint Helmet Mounted Cueing Systems (JHMCS) to The Boeing Company

May 10th, 2012 by InvestorPoint

HAIFA, Israel, May 10, 2012 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ and TASE: ESLT) (“Elbit Systems”) announced that its joint venture with Rockwell Collins, Vision Systems International, LLC (VSI), a leader in advanced Helmet Mounted Display (HMD) technology, has received a new contract with a total value of more than $32 million for the delivery of the Joint Helmet Mounted Cueing System (JHMCS) to The Boeing Company, for the U.S. Navy and Air Force and Foreign Military Sales (FMS) to include: F…continued

Elbit Systems Announces Contemplated Private Placement in Israel of Additional Series A Notes

May 3rd, 2012 by InvestorPoint

HAIFA, Israel, May 3, 2012 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ and TASE: ESLT) (the “Company”), announced today that it has agreed with Israeli institutional investors to issue in a private placement up to NIS 92,283,000 par value (approximately $24.4 million) additional Series A Notes (the “Additional Series A Notes”) in consideration for an aggregate sum of approximately NIS 94.7 million (approximately $25 million). If issued, the terms of the Additional Series A Notes will be similar to …continued

Dawson Geophysical Reports Second Fiscal Quarter 2012 Results

May 2nd, 2012 by InvestorPoint

MIDLAND, Texas, May 2, 2012 /PRNewswire/ — Dawson Geophysical Company (NASDAQ:DWSN) today reported revenues of $85,546,000 for the quarter-ended March 31, 2012, the Company’s second quarter of fiscal 2012, compared to $78,337,000 for the same quarter in fiscal 2011, an increase of 9 percent. Net income for the second quarter of fiscal 2012 was $5,589,000 compared to a net loss of $4,857,000 in the same quarter of fiscal 2011. Earnings per share for the second quarter of fiscal 2012 were $0.71 compare…continued

FleetCor Enters Brazil with Acquisition of CTF Technologies

May 1st, 2012 by InvestorPoint

FleetCor Technologies, Inc. (NYSE: FLT), a global leader in providing fuel card and workforce payment products to businesses, today announced that it has signed an Arrangement Agreement to acquire CTF Technologies, Inc. (“CTF”) for $180 million. The transaction is expected to close in approximately 60 days. CTF provides fuel payment processing services for over-the-road fleets, ships, mining equipment, and railroads in Brazil. CTF’s payment platform links together fleet operat…continued

Ball Corporation Board Declares Quarterly Dividend

April 25th, 2012 by InvestorPoint

BROOMFIELD, Colo., April 25, 2012 /PRNewswire/ – Ball Corporation’s [NYSE: BLL] board of directors today declared a cash dividend of 10 cents per share, payable June 15, 2012, to shareholders of record on June 1, 2012. Ball will announce its first quarter 2012 earnings on Thursday, April 26, 2012. Conference call details are below. Ball Corporation is a supplier of high quality packaging for beverage, food and household products customers, and of aerospace and other technologies and services, …continued

Crane Co. Announces Second Quarter Dividend

April 23rd, 2012 by InvestorPoint

Crane Co., a diversified manufacturer of highly engineered industrial products, today announced its regular quarterly dividend of $0.26 per share for the second quarter of 2012. The dividend is payable on June 8, 2012 to shareholders of record as of the close of business on May 31, 2012. Crane Co. is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane provides products and solutions to customers in the aerospace, electronics, hydrocarbon processing, petroche…continued

Mikros Systems Announces Additional ADEPT Award

April 18th, 2012 by InvestorPoint

Reports $0.4 Million Task Order PRINCETON, N.J., April 18, 2012 (GLOBE NEWSWIRE) — Mikros Systems Corporation (OTCBB:MKRS) today announced that it has received an additional task order from the U.S. Navy worth $0.4 million for work related to its core ADEPT® products. Specifically, the award encompasses an ADEPT pilot project in support of the Navy’s Littoral Combat Ships (“LCS”), to be completed during 2012. “We are very pleased to announce this additional order from the U.S. Navy, which s…continued

Obama says int’l trade will lead to jobs

November 19th, 2011 by InvestorPoint

BALI, Indonesia, Nov. 19 (UPI) — President Obama, in Indonesia for a regional summit, spoke Saturday about the need for the United States to build up its international trade. Obama said during his weekly multimedia address to the American public that in the past decade the United States has “relied too much on what we bought and consumed.” “We racked up a lot of debt, but we didn’t create many jobs at all,” the president said. “If we want an economy that’s built to last and built to compete, we have …continued

Crude oil slides

September 30th, 2011 by InvestorPoint

NEW YORK, Sept. 30 (UPI) — Crude oil prices fell Friday, losing $1.45 to $80.68 a barrel on the New York Mercantile exchange and ending September 10 percent lower. “As uncertainty surrounds both the European debt situation and the global economy generally, crude remains highly volatile and under the influence of general market sentiment. Hence, equities sell off, the dollar strengthens and crude heads lower,” Matt Smith, analyst with Summit Energy, a subsidiary of Schneider Electric, told MarketWatch.c…continued

Economic Outlook: Bank on it

September 30th, 2011 by InvestorPoint

Is anyone surprised by U.S. banks lining up to announce new fees on debit cards, given the profits swiped away by a law limiting “swipe fees.” Banks, it might be said, are the monarchs of money in that, all things being equal, they don’t take no for an answer. When Congress limited the fees banks could charge for customers swiping debit cards for purchases, it was a matter of when, where and how much banks would invent a replacement fee. Did anyone have any doubts on this? Reportedly, Bank of Americ…continued

USGS touts Afghan mineral wealth

September 30th, 2011 by InvestorPoint

WASHINGTON, Sept. 30 (UPI) — The 24 formations of metals and minerals in Afghanistan have the potential to provide a major boost to its economy, a U.S. Defense Department official said. The U.S. Geological Survey announced that its work with the U.S. Defense Department and the Afghan Geological Survey yielded “volumes of information” about copper, gold, iron and rare earth elements in Afghanistan. USGS Director Marcia McNutt said disclosure of the resource potential in Afghanistan might allay concern…continued

The almanac

September 30th, 2011 by InvestorPoint

Today is Friday, Sept. 30, the 273rd day of 2011 with 92 to follow. The moon is waxing. The morning stars are Mercury, Neptune, Uranus, Venus and Saturn. The evening stars are Jupiter and Mars. Those born on this date are under the sign of Libra. They include German physicist Hans Geiger, co-inventor of the Geiger counter, in 1882; film director Lewis Milestone (“All Quiet on the Western Front”) in 1895; singer Kenny Baker in 1912; drummer Buddy Rich in 1917; novelist Truman Capote in 1924; baseba…continued

Egyptians call for end of emergency period

September 30th, 2011 by InvestorPoint

CAIRO, Sept. 30 (UPI) — Presidential candidates in Egypt demanded that emergency laws be lifted Friday, the last day of a state of emergency the ruling council declared in March. Six presidential candidates issued a statement Thursday, urging the Supreme Council of the Armed Forces not to extend the emergency law unless it provides a satisfactory reason for doing so, al-Masry al-Youm reported. The candidates said a presidential election should be conducted before the end of the year. Activists and …continued

Survey shows Afghanistan’s mineral wealth

September 29th, 2011 by InvestorPoint

KABUL, Afghanistan, Sept. 30 (UPI) — A joint U.S.-Afghanistan survey has determined Afghanistan has high mineral potential the Kabul government can develop. The U.S. Geological Survey said it participated in the survey with the U.S. Department of Defense and the Afghan Geological Survey. It said extensive research by the agencies “has yielded volumes of information about areas of high mineral potential in Afghanistan, including rare earth elements, gold, iron, and copper.” Many of the mineral priorit…continued

Gold sits on $1,616

September 29th, 2011 by InvestorPoint

NEW YORK, Sept. 29 (UPI) — Gold prices were flat Thursday in New York with the dollar index down 0.23 percent. On the Comex division of the New York Mercantile Exchange, gold gave up $2.10 an ounce, a fraction of the $41.80 it gave up in the previous trading session. Gold on Thursday dropped to $1,616 per troy ounce with equities mixed on Wall Street. The Dow Jones industrial index rose 1.3 percent. The broader Standard and Poor’s 500 index gained 0.81 percent but technology stocks on the Nasdaq co…continued

Japanese auto supplier to pay $200M for price scam

September 29th, 2011 by InvestorPoint

DETROIT, Sept. 29 (UPI) — The U.S. Justice Department said a Japanese parts supplier for the automobile industry would pay $200 million to settle a case of price fixing and bid rigging. Three executives from Japan — Junichi Funo, Hirotsugu Nagata and Tetsuya Ukai — agreed to serve prison sentences that range from 12 to 18 months after pleading guilty to their part in the scam, the department said in a statement. Four separate one-count felony charges were filed in the U.S. District Court for the Ea…continued