• AeroVironment Announces Promotion of Ken Karklin to Chief Operations Officer
    Business Wire

    AeroVironment Announces Promotion of Ken Karklin to Chief Operations Officer

    AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced the promotion of Ken Karklin, Senior Vice President, to the role of chief operating officer, effective immediately.

  • Lockheed Martin Wins $27M Navy Deal to Aid F-35 Aircraft
    Zacks

    Lockheed Martin Wins $27M Navy Deal to Aid F-35 Aircraft

    Lockheed Martin (LMT) is set to offer non-recurring engineering efforts to develop and certify a retrofit solution for suppression of enemy air defenses capabilities for F-35 jets.

  • FLIR Systems Installs Its EST Screening Solution at Pentagon to Support the Fight Against COVID-19
    Business Wire

    FLIR Systems Installs Its EST Screening Solution at Pentagon to Support the Fight Against COVID-19

    FLIR Systems, Inc. (NASDAQ: FLIR) announced it has installed its EST™ screening system at the Pentagon Visitor Center in Washington, D.C. The company’s integrated EST screening solution, the A700 EST-IS, features the FLIR A700 thermal imaging camera. The system is being used to screen visitors for elevated or higher than expected skin temperatures, which can help guard against the spread of COVID-19.

  • SAIC Wins Contract for Heavyweight and Lightweight Torpedo Testing Services for U.S. Navy
    Business Wire

    SAIC Wins Contract for Heavyweight and Lightweight Torpedo Testing Services for U.S. Navy

    The U.S. Navy awarded Science Applications International Corp. (NYSE: SAIC) a prime contract worth approximately $60 million to continue to provide mission engineering support by testing heavyweight and lightweight torpedoes for the Naval Sea Systems Command.

  • Cubic Awarded Contract to Support British Army Training
    Business Wire

    Cubic Awarded Contract to Support British Army Training

    Cubic Corporation (NYSE: CUB) today announced Cubic Defence U.K., which operates within its Cubic Global Defense (CGD) business division, was awarded a contract worth more than $35 million, to continue its support for the training of the British Army. The three-year contract is for support and repair of the Area Weapons Effects Simulator (AWES) System at Salisbury Plain Training Area (SPTA) in the United Kingdom and at British Army Training Unit Suffield (BATUS) in Alberta, Canada.

  • Hedge Funds Aren’t Done Buying FLIR Systems, Inc. (FLIR)
    Insider Monkey

    Hedge Funds Aren’t Done Buying FLIR Systems, Inc. (FLIR)

    In this article we will take a look at whether hedge funds think FLIR Systems, Inc. (NASDAQ:FLIR) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips […]

  • Hedge Funds Aren’t Done Buying Science Applications International Corp (SAIC)
    Insider Monkey

    Hedge Funds Aren’t Done Buying Science Applications International Corp (SAIC)

    We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]

  • Reuters

    U.S. board urges helicopter manufacturers to add crash-data recorders

    The National Transportation Safety Board (NTSB) on Tuesday urged six major manufacturers to equip turbine-powered helicopters with crash-resistant systems to record data, audio and images, after former NBA star Kobe Bryant and eight others were killed in a helicopter crash in January. The NTSB asked Airbus Helicopters, Bell - a unit of Textron Inc Leonardo, MD Helicopters, Robinson Helicopter Co and Sikorsky, a unit of Lockheed Martin Corp – to act after U.S. regulators have not backed mandating the equipment despite a series of recommendations since 2013. Bryant, 41, his 13-year-old daughter Gianna and seven other people died when a twin-engine Sikorsky S-76B helicopter slammed into a hillside outside Los Angeles in heavy fog on Jan. 26.

  • Booz Allen (BAH) Benefits From Vision 2020 Amid Debt Woes
    Zacks

    Booz Allen (BAH) Benefits From Vision 2020 Amid Debt Woes

    Booz Allen (BAH) is seeing backlog growth, organic growth and enhanced technical expertise through Vision 2020. However, its debt ridden balance sheet is worrisome.

  • Barrons.com

    Here Are Six Dividend Stocks With Solid Payout Prospects—and a Built-In Exit Strategy

    Caterpillar, Chubb, and Gilead Sciences are among the dividend-paying stocks whose prospects look solid for continued payouts amid the pandemic.

  • Mantech International Meets 80-Plus Relative Strength Rating Benchmark
    Investor's Business Daily

    Mantech International Meets 80-Plus Relative Strength Rating Benchmark

    Mantech International shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 81.

  • Hedge Funds Cashing Out Of General Dynamics Corporation (GD)
    Insider Monkey

    Hedge Funds Cashing Out Of General Dynamics Corporation (GD)

    We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]

  • Hedge Funds Aren’t Crazy About L Brands Inc (LB) Anymore
    Insider Monkey

    Hedge Funds Aren’t Crazy About L Brands Inc (LB) Anymore

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]

  • Barrons.com

    Tesla, Space Stocks Are Soaring. China Tensions, Protests Fail to Move the Dow.

    The main U.S. stock indexes were near the break-even line despite tension between the U.S. and China and the nationwide protests over the death of George Floyd in Minneapolis.

  • SpaceX Astronauts Reach Space Station After Milestone Voyage
    Bloomberg

    SpaceX Astronauts Reach Space Station After Milestone Voyage

    (Bloomberg) -- Two American astronauts boarded the International Space Station from a SpaceX capsule, marking the first time humans have traveled to orbit on a commercially developed craft, forging a new era for NASA and visionary billionaire Elon Musk.The Dragon craft carrying NASA astronauts Bob Behnken and Doug Hurley arrived at the orbiting lab at 10:16 a.m. Eastern time Sunday, about 19 hours after lifting off from the Kennedy Space Center in Cape Canaveral, Florida. They entered the station at 1:22 p.m. after completing a series of arrival checklists.“We have to congratulate the men and women of SpaceX,” Hurley said after the docking. “Their incredible efforts over the last several years to make this possible cannot go overstated.”The milestone flight is the first time American astronauts have flown from U.S. soil since the space shuttle program ended in 2011. The achievement comes 18 years after Musk founded Space Exploration Technologies Corp. with the ultimate goal of populating other planets. Hurley called it “an incredible time to be at NASA,” with three manned-vehicle programs in the works and progress toward a return to the moon.“Welcome to Bob and Doug,” NASA Administrator Jim Bridenstine told the astronauts from Mission Control in Houston shortly after the two men entered the station. “The whole world saw this mission and we are so, so proud of everything you have done for our country and to inspire the world,” he said.QuickTake: Why U.S. Astronauts Hitched Historic Ride With SpaceXThe highest-profile U.S. rocket launch in decades captured interest around the globe, watched live on Saturday by approximately 10 million people. The flight comes at a time when people are clamoring for good news amid the Covid-19 pandemic, surging unemployment and growing U.S. protests against police violence.“This is just one effort that we can show for the ages in this dark time that we’ve had over the past several months to kind of inspire, especially the young people in the United States, to reach for these lofty goals and work hard and look at what you can accomplish,” Hurley said from the space station.‘So Proud’President Donald Trump and Vice President Mike Pence were among those who gathered with Musk to watch the spectacle. Trump spoke with the two astronauts prior to the launch and, in a brief exchange with reporters, referred to Musk as one of the “great brains,” according to a pool report.The rooftop shook as the rocket rumbled to orbit, according to the report. Within seconds, Elton John’s “Rocket Man” -- a Trump rally classic -- began to play over speakers, the report said.“They have a long way to go but that’s a very dangerous part of it there,” Trump said. “I’m so proud of the people, of NASA, public and private. When you see a sight like that, it’s incredible. When you hear that sound — the roar — you can imagine how dangerous it is.”The launch and the initial phases of the journey proceeded smoothly. The main rocket booster flew back to Earth and stuck the landing on a drone ship -- a once-remarkable feat that has become routine for SpaceX.The two astronauts joined the Expedition 63 crew members already in residence on the space station. Their voyage, known as Demo-2, is the final major test of SpaceX’s human spaceflight system before the National Aeronautics and Space Administration certifies it to fly working missions to the space station.Boeing Co. is also preparing to carry people to the orbiting lab as part of the same Commercial Crew program at NASA.Weather ClearsThe SpaceX launch was originally slated for May 27, but was scrubbed due to bad weather. While rain showers earlier Saturday briefly raked launch complex 39A, the weather cleared and SpaceX loaded fuel onto the Falcon 9 rocket and moved through a final check of its systems.Gwynne Shotwell, the company’s president and chief operating officer, said she was “super-nervous, stomach-in-throat,” in a television interview from SpaceX headquarters minutes before lift-off. Shotwell and her team monitored the mission from the company’s control center in Hawthorne, California, wearing masks and sitting at carefully spaced terminals.Successfully carrying humans to space would mark the latest breakthrough for a company known for setting audacious goals. In the decade since the first Falcon 9 rocket reached orbit, SpaceX has eclipsed rivals like Europe’s Arianespace and United Launch Alliance, a Boeing-Lockheed Martin Corp. venture, to grab the lead of commercial launches.“Launching satellites is nice and we got to bring in more money than we spend, this is important, but ultimately this is life beyond earth,” Musk said at a briefing after the launch, where he recalled how he developed SpaceX with funds he got from PayPal. “Hopefully this is the first step on that journey” for “life becoming multi-planetary for the first time.”Musk’s space company is valued at about $36 billion, and its bravado and reusable rockets have inspired other entrepreneurs. The competition could get fierce this decade as Blue Origin, founded and funded by billionaire Jeff Bezos, Northrop Grumman Corp., ULA and Sierra Nevada Corp. all bring new spacecraft to market.‘Numerous Providers’At least that’s the dream for Bridenstine, the NASA administrator. The U.S. space agency is seeking to change the notion that government must create both demand and supply for spaceflight. He said at a post-launch briefing that NASA is seeking a business model where it’s not the only customer.“We want to have numerous providers competing on cost, innovation and safety,” he said in an interview on Bloomberg TV on May 27.Commercial spaceflight has taken a long time to evolve since 2001, when engineer and entrepreneur Dennis Tito, founder and CEO of Wilshire Associates, became the first private individual to buy a seat to space aboard a Russian Soyuz rocket.Now, with the financial disruption from Covid-19 injecting fresh uncertainty into the industry’s immediate future, Bridenstine vowed to push ahead. He said he hoped the moment would be a bright spot amid the nation’s many challenges.“I was praying for Bob and Doug, I was praying for their families, I was praying for their safe return,” he said. “If this can inspire a young child to become the next Elon Musk or Jeff Bezos or Sir Richard Branson, then this is what this is all about.”(Updates with entry to space station and comments in first six paragraphs)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Barrons.com

    SpaceX Docks With Space Station. Here’s Why Investors Should Care.

    A day after SpaceX launched astronauts into orbit, its Dragon spaceship docked with the international space stations. Both have lessons for investors that can help generate returns in the near term.

  • As SpaceX sends Americans into orbit, investors can take this ETF to a new frontier
    MarketWatch

    As SpaceX sends Americans into orbit, investors can take this ETF to a new frontier

    The SPDR S&P Kensho Final Frontiers ETF focuses on spacecraft, launch vehicles, rockets and satellites.

  • Thomson Reuters StreetEvents

    Edited Transcript of HII earnings conference call or presentation 7-May-20 1:00pm GMT

    Q1 2020 Huntington Ingalls Industries Inc Earnings Call

  • SpaceX successfully launches U.S. astronauts into space
    MarketWatch

    SpaceX successfully launches U.S. astronauts into space

    Space Exploration Technologies Corp. on Saturday successfully launches the first astronauts into space from U.S. soil in nine years. The capsule carrying NASA astronauts reached orbit on its way to the International Space Station.

  • Hedge Funds Are Nibbling On Northrop Grumman Corporation (NOC)
    Insider Monkey

    Hedge Funds Are Nibbling On Northrop Grumman Corporation (NOC)

    Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]