(ITT) ITT Corp. Wins Enhanced Night Vision Goggle contract
ITT Corporation (ITT) has been awarded $43 million follow-on orders by the U.S. Army’s Research, Development and Engineering Command Acquisition Center for the Enhanced Night Vision Goggle and...
View Article($ITT) ITT Corporation Beat Estimates by 32.50% in the Second Quarter
ITT Corporation (ITT) is riding out the tough global manufacturing environment. The company recently surprised on the Zacks Consensus Estimate for the fourth straight quarter. ITT is trading with a...
View Article(ITT) ITT Corporation – Bull of the Day
We are initiating coverage on ITT Corporation (ITT) with an Outperform rating and $57 target price. The company exceeded its second quarter earnings guidance due to strong results overall. Total...
View Article(ITT) ITT Corporation Gets U.S. Army’s Research Development & Engineering...
ITT Corporation (ITT) has been awarded a $19.3 million order from the U.S. Army’s Research Development & Engineering Command Acquisition Center under the OMNI VII contract for AN/PVS-14 night...
View Article(FLS) Flowserve Corporation Beats Analyst’s Consensus
Flowserve Corporation (FLS) announced third quarter 2009 fully diluted EPS of $2.07, up 3 cents or 1% Incorporatedluding realignment charges of 5 cents per share. This was higher than the Zacks...
View Article(ITT) ITT Corporation’s Earnings Report Beats Estimates
ITT Corporation (ITT) reported third quarter 2009 net income from continuing operations of $190 million or $1.03 per share, exceeding the Zacks Consensus Estimate of 89 cents. The results included the...
View Article(ITT) Iridium Communications Inc Wins U.S. Navy Deal
Iridium Communications Inc. (IRDM) and ITT Corp. (ITT) announced that ITT has won a contract from the U.S. Naval Surface Warfare Center -Dahlgren Division to supply 1,450 Iridium-based handheld...
View Article(TXT) Textron to Build U.S. Army Knight Armored Vehicles
Textron Inc.’s (TXT) operating unit Textron Marine & Land Systems has received a contract to build 27 Armored Knight vehicles for U.S. Army Tank-automotive and Armaments Command (TACOM). The firm...
View Article(TXT) Textron Subsidiary Gets Army Software Contract
Textron Inc.’s (TXT) subsidiary Textron Systems has been awarded a U.S. Army contract for software development, training and support for the future intelligence framework. This Distributed Common...
View Article(ITT) ITT Corporation Report Tops Estimates
ITT Corporation (ITT) reported fourth quarter 2009 earnings from continuing operations of 97 cents per share, exceeding the Zacks Consensus Estimate of 93 cents. The company reported revenue of $2.9...
View Article(TXT) Textron Incorporated Gets Marine Contract
Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (TXT) company, and Granite Tactical Vehicles Inc., has won a contract to deliver three upgraded High Mobility...
View Article(TXT) Textron Unit Bell Helicopter Acquires Aviation Service
Bell Helicopter, a Textron Inc. (TXT) company acquired Prague, Czech Republic-based Aviation Service. The acquired company provides modifications and upgrades, avionics and special mission packages....
View Article(ITT) ITT Corporation Earns U.S. Military Order
ITT Corporation (ITT) has been awarded a contract to provide maintenance, supply and transportation services to the U.S. Army and U.S. Marine Corps on Camp Arifjan and other locations in Southwest...
View Article(FLS) Flowserve Corporation Wins $15 Million Order
Flowserve Corp. (FLS) received an order worth more than $15 million from State Nuclear Power Engineering Company Ltd. (SNPEC) in China for ASME Section III safety-related globe and gate valves and...
View Article(ITT) ITT Corporation Wins U.S. Army Deal
ITT Corp. (ITT) has been awarded a contract by the U.S. Army Contracting Command to provide supplies, food service, transportation, public works, community service, medical, safety, environmental,...
View Article(TXT) Textron Signs Defense Industry Spare Parts Supply Agreement
Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (TXT) company, signed an agreement with the Federal Defense Industries Inc. Per the agreement Textron will...
View Article(ITT) ITT Beats Earnings Expectations on Lower Revenue
ITT Corporation’s (ITT) second quarter 2010 earnings results, released before the opening bell today, beat the Zacks Consensus Estimate on the bottomline. The company reported earnings per share from...
View Article(ITT) ITT Wins $260 Million U.S. Army Research Contract
ITT Corporation (ITT) received contract of about $260 million for the enhanced night vision goggle (ENVG) system from the U.S. Army Research, Development & Engineering Command Acquisition Center....
View Article(ITT) ITT Wins US Army Night Vision Goggle Contract
ITT Corporation (ITT) has received a contract to supply its AN/AVS-6(V) 3 aviator night vision goggle and spare image intensifier tubes to the US Army. The contract has been awarded by the U.S. Army...
View Article(ITT) ITT Corporation Wins U.S. Army Night VisionContract
ITT Corporation (ITT) has received a contract to supply its AN/AVS-6(V) 3 aviator night vision goggle and spare image intensifier tubes to the US Army. The contract has been awarded by the U.S. Army...
View Article(ITT) ITT Beats The Street – Increases Outlook
ITT Corporation (ITT) released its third quarter earnings result before the market opened today, reporting earnings per share from continuing operations of $1.08 and outperforming the Zacks Consensus...
View Article(AIG) Company News for January 12, 2011 – Corporate Summary
• JP Morgan (NYSE:JPM) has downgraded Goldman Sachs (NYSE:GS) from “overweight” to “neutral” rating because of valuation concerns, setting a target price of $175 • AIG (NYSE:AIG) has planned to sell...
View Article(FLS) Flowserve Fourth Quarter 2010 Report Beats Estimates
Flowserve Corporation (FLS) reported fourth-quarter 2010 earnings per share from continuing operations of $2.09, surpassing the Zacks Consensus Estimate of $1.98. For 2010, earnings per share from...
View Article(ETN) Eaton in “Smart Buildings Initiative”
Eaton Corporation (ETN) has been selected for the General Services Administration’s (GSA) Smart Buildings Initiative. Under the initiative, Eaton has been assigned the first project of modernizing the...
View Article(FLS) Flowserve on Acquisition Spree
Flowserve Corporation (FLS) announced that it has purchased the assets of FEDD Wireless LLC, a privately owned wireless data acquisition company based in Texas. FEDD has developed technologies in...
View Article(ETN) Eaton Completes ATCOM Buy
Eaton Corporation (ETN) said it has successfully completed the acquisition of the previously announced ACTOM’s Low-Voltage Electrical Business in South Africa. Eaton expects the addition of ACTOM’s...
View Article(TYC) Tyco International Concludes KEF Holdings Buy
Tyco International Ltd. (TYC) announced that it has completed the acquisition of a 75% stake in KEF Holdings Ltd., which is a UAE-based integrated valve manufacturer and provider of steel castings to...
View Article(TYC) Greece Economic Crises Fears Return
Renewed Greece-related headlines are expected to come in the way of the budding stock market rally. Stocks gained almost 5% last week as some of the more dire scenarios about Europe lost ground...
View Article(GE) General Electric Augments TYRX Liquidity
GE Capital, Healthcare Financial Services, an operating unit of General Electric Company (GE), recently acted as an administrative agent to close a senior secured credit facility worth $8.5 million for...
View Article(GE) GE Capital’s Telecom, Media and Technology Did $3.7 Billion in Deals in...
GE Capital, an operating unit of General Electric Company (GE), recently announced that its Telecom, Media and Technology (TMT) financing business completed 58 deals aggregating $3.7 billion during...
View Article(ITT) ITT Earnings Beat Estimate
ITT Corporation (ITT) reportedfirst quarter 2013 earnings per share of 47 cents, which were 9.3% above the Zacks Consensus Estimate of 43 cents. Earnings were up 21% year over year. Profits during the...
View Article(FLIR) FLIR Systems Earns Contracts
Recently, FLIR Systems Inc. (FLIR) was awarded a contract to support the U.S. Coast Guard for the Coast Guard’s Electro-Optical Sensor System configuration of FLIR’s commercially developed military...
View Article(TXT) Textron Gets $85 Million DoD Contract
Bell Helicopter, a business wing of Textron Inc. (TXT), clinched an $85.0 million contract from the Department of Defense (“DOD”) to offer engineering and support capabilities to two of America’s close...
View Article(GE) General Electric Inks Agreement with Green Waste Energy
General Electric Company (GE) recently signed an agreement with Green Waste Energy, a privately-held U.S.-based developer of Advanced Recycling and Energy Conversion plants, to supply Jenbacher J620...
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