Acquisitions, New Contracts, and Strengthened Leadership Team Creating Value for Shareholders - Research Report on Raytheon, Northrop, Textron, GenCorp, and Spirit AeroSystems Editor Note: For more information about this release, please scroll to bottom. PR Newswire NEW YORK, July 12, 2013 NEW YORK, July 12, 2013 /PRNewswire/ -- Today, Wall Street Reports announced new research reports highlighting Raytheon Co. (NYSE: RTN), Northrop Grumman Corporation (NYSE: NOC), Textron Inc. (NYSE: TXT), GenCorp Inc. (NYSE: GY), and Spirit AeroSystems Holdings Inc. (NYSE: SPR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Raytheon Co. Research Report On July 1, 2013, Raytheon Co. (Raytheon) announced that it has been awarded a contract with the U.S. Naval Air Systems Command (NAVAIR) to build an integrated multi-INT system to safeguard forward deployed forces. According to the Company, the Persistent Surveillance System Cross Domain Solution (PSS CDS) provides warfighters a complete picture of impending threats, from both classified and unclassified sources. "The PSS CDS is a proven solution and one that offers protection to our warfighters in hostile, remote environments by granting them real-time access to secure, multi-domain intelligence, surveillance and reconnaissance data," said Mark Kipphut, Tactical Intelligence Systems Director for Raytheon's Intelligence, Information and Services business. "What makes this system unique is its game-changing capability to quickly share data between classified and unclassified environments." The Full Research Report on Raytheon 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/1b5f_RTN] -- Northrop Grumman Corporation Research Report On July 9, 2013, Northrop Grumman Corp. (Northrop Grumman) announced that it has been selected by the state of Tennessee to provide and operate a new Web-based enterprise system for determining eligibility for Medicaid and Children's Health Insurance Program benefits. The Company stated that the three-year, $34 million worth contract will begin enrolling people on October 1, 2013. Amy Caro, vice president of health IT programs for Northrop Grumman commented, "Northrop Grumman is committed to benefit management modernization that helps our customers efficiently and effectively meet the requirements of health care reform and best serve their citizens. Our experience with ACA implementations at the Centers for Medicare & Medicaid Services together with programs we have delivered for other states enable us to provide Tennessee with an information solution that will provide better information in a timely fashion." The Full Research Report on Northrop Grumman 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/f54d_NOC] -- Textron Inc. Research Report On July 2, 2013, Textron Inc.'s (Textron) operating unit, Textron Marine & Land Systems (TM&LS) announced a new $3.3 million fixed price contract from the U.S. Army Tank-Automotive and Armaments Command for work on the Modernized Expanded Capacity Vehicle Survivability (MECV-S) system. TM&LS stated that it will be working together with Granite Tactical Vehicles to deliver innovative crew protection and vehicle survivability enhancements for the Army's HMMWV vehicles. TM&LS Senior Vice President and General Manager, Tom Walmsley said, "Our TM&LS/Granite MECV-S solution would replace the current HMMWV crew compartment in a one-for-one exchange. It offers vehicle occupants an armored monocoque V-hull protective capsule and restores the vehicle's tactical mobility with proven components." The Full Research Report on Textron 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/7369_TXT] -- GenCorp Inc. Research Report On July 9, 2013, GenCorp Inc. (GenCorp) reported its Q2 FY 2013 financial results (period ended May 31, 2013). The Company reported net sales of $286.6 million compared to $249.9 million in Q2 FY 2012. Net loss was $11.8 million, or $0.20 loss per share, compared to net income of $1.7 million, or $0.03 diluted income per share in Q2 FY 2012. According to GenCorp, the increase in net loss was primarily driven by increases in interest and other expenses related to the acquisition of United Technologies Corp.'s Pratt and Whitney Rocketdyne (Rocketdyne Business), plus increase in non-cash retirement benefit and stock-based compensation expenses. "We are pleased with these second quarter results which reflect the continued focus on delivering program performance to our customers while launching a new ERP system and completing the acquisition of Pratt and Whitney Rocketdyne in June 2013," said GenCorp Inc. President and Chief Executive Officer, Scott J. Seymour. "These significant accomplishments transform our Company and create value for all stakeholders." The Full Research Report on GenCorp 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/93fd_GY] -- Spirit AeroSystems Holdings Inc. Research Report On June 28, 2013, Spirit AeroSystems Inc. (Spirit AeroSystems) announced the addition of two experienced industry executives to its senior leadership team: Heidi Wood as Senior Vice President, Strategy; and Duane Hawkins as Senior Vice President, Operations. "One of my principal goals at Spirit is to ensure our strategy, operational and cost performance are world class, and I am confident that Heidi and Duane will help us accomplish exactly that," said Larry Lawson, President and CEO of the Company. "Both are well-known and highly respected in our industry, and they join what is already a solid leadership team." According to Spirit AeroSystems, Wood has served as Morgan Stanley's managing director, global head aerospace/defense analysis from 1999 to 2012, while Hawkins, a 30-year veteran of the aerospace industry, has worked in executive positions for Raytheon Missile Systems, Defense Research Inc. and General Dynamics in operational roles spanning program management, manufacturing engineering and supply chain. The Full Research Report on Spirit AeroSystems 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/e334_SPR] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. 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Acquisitions, New Contracts, and Strengthened Leadership Team Creating Value for Shareholders - Research Report on Raytheon,
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