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L3Harris Wins $587M Contract for Next Generation Jammer-Low Band
Tuesday, September 17, 2024 - 12:42pm | 700L3Harris Technologies (NYSE: LHX) announced that it has received a five-year contract, worth $587.4 million, to deliver custom tactical jamming pods designed to modernize the U.S. Navy's Aerial Electronic Attack capability. Details of LHX's New Contract The Next Generation Jammer-Low Band (...
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Kratos Defense Provides Four Classes of Affordable Turbojet Engines
Friday, September 13, 2024 - 4:07pm | 705Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) recently announced that its unit, Technical Directions, Inc. ("TDI"), now offers four classes of its low-cost, high-performance turbojet engines ranging from 30 to 200 pounds of thrust with immediate availability. The TDI-J45 30...
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Southwest Airlines Inks Provisional Deal With Simulator Technicians
Tuesday, September 10, 2024 - 4:01pm | 437Southwest Airlines (NYSE: LUV) received encouraging tidings on the labor front when it inked a tentative agreement with the company's flight simulator technicians' union, International Brotherhood of Teamsters Local 19, for a new collective bargaining agreement. There are more than 50...
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RTX Wins $112M Contract to Support F-35 Jet's Propulsion System
Tuesday, September 10, 2024 - 12:23pm | 820RTX Corp.'s (NYSE: RTX) business segment, Pratt & Whitney, recently clinched a modification contract for the F-35 fighter jet's propulsion system. The award has been offered by the Naval Air Systems Command, Patuxent River, MD. Details of the Deal Valued at $111.9 million, the contract...
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Lockheed Martin, Tata Advanced Systems Join Forces To Manufacture Military Aircraft In India
Tuesday, September 10, 2024 - 6:04am | 411This story was first published on the Benzinga India portal. U.S. defense manufacturing giant Lockheed Martin (NYSE: LMT) and Tata Advanced Systems have agreed to work on a tactical military aircraft together in India. What Happened: The two entities have decided to broaden...
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Lindsay Earnings Top Estimates in Q3, Revenues Dip Y/Y
Friday, June 28, 2024 - 3:49pm | 842Lindsay Corporation (NYSE: LNN) delivered adjusted earnings per share of $1.41 in third-quarter fiscal 2024 (ended on May 31, 2024), beating the Zacks Consensus Estimate of $1.25. The bottom line fell 8% year over year. Including an income tax credit of 44 cents per share, earnings per share in the...
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Lennox Intl Demonstrates Strong Performance and Increased Profits, Maximizing Returns for Shareholders
Wednesday, January 17, 2024 - 11:05am | 915At the end of January 17, 2024, Lennox Intl (NYSE:LII) will reward its shareholders with a dividend payout of $1.10 per share, demonstrating an annualized dividend yield of 1.05%. Remember, only investors who held the stock before the ex-dividend date on December 28, 2023 will receive this payout....
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Why Health Management Company P3 Health Partners Shares Are Up Today
Wednesday, January 10, 2024 - 7:43am | 425P3 Health Partners Inc (NASDAQ: PIII) shares are trading higher by around 10% after the company reaffirmed guidance for 2023 and announced the 2024 outlook. FY24 Outlook: PIII expects revenue of $1.45 billion to $1.55 billion (vs. consensus $1.41 billion) and Adjusted EBITDA of $20...
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Lockheed And Elon Musk's SpaceX Encounter Development Issues - NASA's Moon Mission Delayed To 2026: Report
Wednesday, January 10, 2024 - 7:12am | 663Lockheed Martin Corporation (NYSE: LMT), alongside other contractors, including Elon Musk's SpaceX, is reportedly facing development challenges that have led NASA to postpone its Artemis moon program. Consequently, NASA has now scheduled its first astronaut lunar landing in half...
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Elon Musk's SpaceX Faces New Challenger As Boeing-Lockheed's Vulcan Rocket Reportedly Set To Take Off Next Week
Thursday, January 4, 2024 - 10:44am | 784The Vulcan rocket, a collaborative effort between Boeing Company (NYSE: BA) and Lockheed Martin Corporation (NYSE: LMT), is reportedly set to make its inaugural launch as early as next week, attracting the attention of several billionaires. Positioned as a...
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Southwest Pilots Reach Agreement With The Airline Over Pay Issues: Here's Details
Wednesday, December 20, 2023 - 11:35am | 269Southwest Airlines Company (NYSE: LUV) pilots association reached an Agreement in Principle (AIP) with the company. Located in Dallas, Texas, the Southwest Airlines Pilots Association (SWAPA) is a non-profit employee organization representing the more than 11,000 pilots of Southwest. The term...
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Southwest Airlines Hit With Record $140M DOT Fine, Consumer Protection Violations Highlighted
Monday, December 18, 2023 - 10:03am | 429Southwest Airlines Company (NYSE: LUV) faces a record $140 million penalty from the U.S. Department of Transportation (DOT) for multiple consumer protection violations during the 2022 holiday season. This penalty is 30 times larger than any previous DOT penalty for consumer...
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Worksport's Subsidiary Terravis Promises To Raise The Bar In Sustainable Heating And Cooling
Wednesday, December 13, 2023 - 11:28am | 925The majority of North American households in colder areas depend on pricey fossil fuel-powered central furnaces with which air is blown through duct systems. Heat pumps have two undebatable advantages: they are good for the climate as they don’t burn...
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Satellite Maker Terran Orbital Places Itself On The Market: Searches For A Buyer As Challenges Mount
Monday, December 11, 2023 - 11:12am | 504Terran Orbital Corp (NYSE: LLAP), a prominent player in the small satellite sector, is conducting a formal review of strategic alternatives. The regulatory disclosure follows an earlier WSJ report that Terran has attracted interest from potential strategic and...
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Southwest Airlines' Stock Gains As Airline Approaches Landmark Pilot Agreement Before Holiday Season
Friday, December 1, 2023 - 2:41pm | 689Southwest Airlines Company (NYSE: LUV) shares are trading higher after the company is reportedly nearing a new contract agreement with its pilots' union. Shares of peers Delta Air Lines, Inc. (NYSE: DAL), United Airlines Holdings, Inc. (NASDAQ: UAL), and...