NEW YORK, July 10, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting General Dynamics Corporation (NYSE: GD), Lockheed Martin Corporation (NYSE: LMT), L-3 Communications Holdings, Inc. (NYSE: LLL), OSI Systems, Inc. (NASDAQ: OSIS), and Crane Co. (NYSE: CR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
General Dynamics Corporation Research Report
On July 1, 2013, General Dynamics Corporation (General Dynamics) announced that General Dynamics Electric Boat, (Electric Boat), a wholly-owned subsidiary of the Company, has received a $208.6 million contract modification from the US Navy to buy long lead-time material for three Virginia-class submarines. These materials include steam and electrical-plant components, main propulsion unit and ship-service turbine generator sets, and miscellaneous hull, mechanical and electrical-systems components, which are meant to support construction of three submarines, namely, SSN-793, SSN-794 and SSN-795. The overall value of the contract, which was initially awarded in April 2012, has increased to $595 million with the recent modifications. Further, the Company stated that in partnership with the Navy, Electric Boat is driving innovative cost-saving efforts without impacting capabilities, through overall efficiency improvements, decreased ship-construction labors costs and shortened ship-construction cycle times. The Full Research Report on General Dynamics Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/3706_GD]
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Lockheed Martin Corporation Research Report
On July 1, 2013, Lockheed Martin Corporation (Lockheed Martin) announced the launch of Lockheed Martin International (LMI). This new organization will work towards building strong international relationship, develop industrial partnership and grow the Company's business in the global arena. Head quartered in London, England, and the Washington, D.C., LMI will work with global Lockheed Martin customers to deliver the Company's products, technologies, and services to meet their national security and citizen services needs. Patrick M. Dewar will serve as the Executive Vice President of LMI, besides continuing his previous role as a corporate officer. Marillyn A. Hewson, Lockheed Martin Chief Executive Officer and President, said, "The new Lockheed Martin International team will be responsible for strengthening our global partnerships and investing in new ones to ensure we continue to meet our global customers' diverse national security and economic development needs." The Full Research Report on Lockheed Martin Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/54f8_LMT]
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L-3 Communications Holdings, Inc. Research Report
On June 27, 2013, L-3 Communications Holdings, Inc. (L-3) announced that the Company has received the James S. Cogswell Outstanding Industrial Security Achievement Award from the US Department of Defense, Defense Security Service (DSS), for the ninth year in a row for exhibiting outstanding security practices. According to L3, the Cogswell Award recognizes security excellence and is the highest honor a company can receive in handling classified information. The Company's Randtron Antenna Systems division was shortlisted from a field of 13,500 cleared defense contractors to be named as one of the 24 recipients of the award this year. Vincent Jarvie, Vice President of Corporate Security, said, "National security and the strength of our country's technical leadership require a relentless focus on industrial security, and we are very proud that L-3 continues to be recognized as a leader in this area. Across L-3, our security organization has an enduring commitment to excellence and achieving the highest standards in the industry. My sincere thanks to the men and women of L-3's Security staff for this significant honor."The Full Research Report on L-3 Communications Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/f13b_LLL]
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OSI Systems, Inc. Research Report
On June 27, 2013, OSI Systems Inc. (OSI Systems) announced that OSI Electronics, a business within the Company's Optoelectronic and Manufacturing division, has received orders worth approximately $21 million for electronic sub-assemblies from an advanced skin care solutions provider. Deepak Chopra, OSI Systems Chief Executive Officer, said, "Our global footprint and our continued investment in our manufacturing capabilities has been the basis for many new avenues of growth. We are elated to support this customer's production demands by utilizing our facilities around the world." The Full Research Report on OSI Systems, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/546c_OSIS]
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Crane Co. Research Report
On July 1, 2013, Crane Co. (Crane) reported that the European Commission has extended its initial review period to rule on the planned acquisition of MEI Conlux from July 5, 2013 to July 19, 2013, following proposals submitted by the Company to address antitrust concerns. The Company also announced about its ongoing discussions with the Commission on potential remedies that would affect less than 10% of the aggregate sales of the combined businesses and expects a favorable solutions to all related issues in the initial review period. Further, Crane stated that the US Federal Trade Commission (FTC) has not indicated any significant concerns with the proposed transaction, and the Company expects early clearance on the transaction by FTC under the Hart-Scott-Rodino Act. Lastly, Crane also informed that the Ukraine competition authority has approved the transaction. The Full Research Report on Crane Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/cfbd_CR]
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SOURCE Wall Street Reports