Summary: Lockheed Martin awarded a $3.2 billion multiyear contract for air-to-ground and anti-ship missiles from the Air Force which includes foreign military sales to Japan, the Netherlands, Finland, and Poland. The contract aims to maximize weapons production and strengthen the U.S. defense industrial base.
Full articleSummary: Syrian air defenses intercepted hostile targets west of Damascus, likely Israeli drones were the targets.
Full articleSummary: Honeywell completes acquisition of Air Products' LNG business for $1.81 billion, including the CWHE technology, to strengthen its offering in energy transition.
Full articleSummary: Honeywell International Inc. is specialized in manufacturing and selling industrial equipment, offering maintenance, technical assistance, and engineering services. The company's revenue is divided into various product categories including aerospace equipment, performance materials and technologies, building control and automation systems, and security and productivity optimization solutions. Geographically, the revenue is mainly generated from the United States, followed by Europe and other regions.
Full articleSummary: Kimelman & Baird LLC purchased a new position in Colgate-Palmolive shares during the 2nd quarter, with other hedge funds also modifying their holdings of the company. Additionally, insider selling activity was reported with EVP Gregory Malcolm and insider Sally Massey selling shares. Analyst ratings changes comprised a mix of buy and hold ratings with an average price target of $104.74 for CL stock.
Full articleSummary: Air Products has completed the $1.81bn sale of its LNG business to Honeywell, allowing Honeywell to offer a full-service solution in the LNG industry.
Full articleSummary: Air Products completed the sale of its LNG process technology and equipment business to Honeywell for $1.81 billion in cash, reflecting its focus on core industrial gases and clean hydrogen. The deal was first announced in July 2024.
Full articleSummary: Nike unveils a women's exclusive Air Max 1 in the 'Royal Pulse' colorway, drawing inspiration from the iconic 'UNC' palette, featuring a blend of soft blue, off-white, and classic Nike detailing.
Full articleSummary: The U.S. Navy's Gerald R. Ford-class aircraft carriers represent a significant leap in naval technology and capability, with a total cost of $120 billion sparking debate among naval experts about its worthiness.
Full articleSummary: In August, deliveries were slow and orders mixed. Cathay Pacific placed an order for 30 A330-900s. Boeing and Airbus delivered fewer aircraft compared to last month but Airbus retained the deliveries lead. Boeing is behind in deliveries compared to last year while Airbus is ahead.
Full articleSummary: JPMorgan Chase & Co. is reshuffling its top management across technology and health-care investment banking by naming new global leaders in these sectors.
Full articleSummary: Microsoft has partnered with 14 development teams to bring a variety of new aircraft to Microsoft Flight Simulator 2024 including A321LR, Boeing 747 Dreamlifter, and more.
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