Industry News

Navigant Reports Second Quarter 2016 Financial Results
Astec Industries, Inc. today reported results for their second quarter and year to date ended June 30, 2016.. Net sales for the second quarter of 2016 were $294.4 million compared to $268.0 million for the second quarter of 2015, a 9.9% increase. Earnings for the second quarter of 2016 were $18.2 million or $0.79 per diluted share compared to $11.8 million for the second quarter of 2015 or $0.51 per diluted share, an increase of 54.9% per diluted share."/>
Astec Industries Reports Second Quarter 2016 Results
Cubic Global Defense to help increase gunnery proficiency with simulated trainers. SAN DIEGO---- Cubic Global Defense, a business unit of Cubic Corporation, today announced an award of $13.9 million from Oasis Advanced Engineering to produce and deliver Crewstation Subsystems in support of the Bradley Fighting Vehicle Conduct of Fire Trainer. The COFT enables the BFV unit to perform critical skills required in combat and designed for gunnery proficiency."/>
Cubic Receives $13.9 Million Contract to Support US Army’s Bradley Fighting Vehicle Conduct of Fire Trainer
Plug Power Inc., a leader in providing energy solutions that change the way the world moves, today announced that Newark Farmers Market has placed an order for 96 next-generation GenDrive fuel cell units to operate its electric industrial truck fleet in Newark, New Jersey. Newark Farmers Market has utilized GenDrive systems as the sole power source for its electric industrial truck fleet since 2011, and have reinvested in the benefits of Plug Power’ s..."/>
Newark Farmers Market Maintains Commitment to Fuel Cells With New Order of GenDrive Units for Forklift Fleet
LMI Aerospace Inc. Chief Operating Officer Joe DeMartino has resigned his post effective immediately for personal reasons.. LMI Chief Executive Officer Dan Korte will oversee DeMartino’ s duties while the company evaluates options for a new leader of its Aerostructures business segment. “We have a strong team of leaders that will work together to guide the organization forward, ensure we remain focused on operational excellence to meet our customer..."/>
LMI Aerospace COO DeMartino Resigns
United Technologies Corp. today reported second quarter 2016 results. All results in this release reflect continuing operations unless otherwise noted. Second quarter GAAP EPS of $1.71 was up 4 percent versus the prior year and included 11 cents of net restructuring and other significant non-operational items."/>
UTC Reports Second Quarter 2016 Results
A. O. Smith Corporation today announced record second quarter net earnings of $87.1 million or$. 98 per share on record second quarter sales of $667.0 million. Second quarter 2015 net earnings were $71.1 million or$. 79 per share. Sales in the quarter ended June 30 grew approximately two percent compared with sales of $653.5 million during the same period in 2015."/>
A. O. Smith reports strong growth in net earnings on record sales
WestJet reports second quarter net earnings
WestJet reports second quarter net earnings
Nielsen Holdings plc today announced second quarter 2016 results. Revenues were $1,596 million for the second quarter of 2016, up 2.4%, or 4.5% on a constant currency basis, compared to the second quarter of 2015, due to the solid performance of both its Buy and Watch businesses. “Once again, in the quarter we saw solid revenue growth, strong margin expansion and earnings growth driven by our scalable, consistent business model, investments, and a continuous focus on..."/>
Nielsen Reports 2nd Quarter 2016 Results
LifePort receives TSO Approval for Stanchion Litter System
Lockheed Martin and Hellenic Aerospace Industry hosted a ceremony today at HAI's facilities here to recognize the official launch of the Hellenic Navy P-3B maritime patrol aircraft modernization and upgrade program. On July 13, the first of two Hellenic Navy P-3B Orions were successfully transferred from Elefsis Air Base to HAI's facilities at Tanagra, Greece, north of Athens. Attending today's ceremony were leaders representing the Hellenic..."/>
Hellenic Navy, Lockheed Martin and HAI Launch Greece's P-3B Orion Modernization and Upgrade Program
Lockheed Martin has named a national research university and a consortium of New Mexico universities to its team competing for the Sandia National Laboratories Management and Operating contract. Purdue University, New Mexico State University and the New Mexico Institute of Mining and Technology will play key roles in Sandia's specialized research and development and technology..."/>
Lockheed Martin Teams with Purdue, New Mexico State and New Mexico Tech for Sandia Competition
Carlisle Companies Incorporated reported net sales from continuing operations of $996.9 million for the second quarter ended June 30, 2016, a 1.2% increase from $984.6 million in the second quarter 2015. Organic net sales grew 0.7%. Net sales from the acquisitions of Micro-Coax, in the Carlisle Interconnect Technologies segment, and MS Oberflächentechnik AG, in the Carlisle Fluid Technologies segment, contributed a total of 0.5% to net sales in the second..."/>
Carlisle Reports Record Earnings Per Share from Continuing Operations of $1.75, a 22% Increase Over the Prior Year, and Record EBIT Margin of 17.9% in the Second Quarter 2016
Electrovaya Inc. announced that it is receiving purchase orders pursuant to the earlier announced Multiyear Service Agreement with a US based Fortune 1000, NYSE listed, OEM. Deliveries against the purchase orders have also started. The MSA relates to Electrovaya supplying Lithium Ion Battery Modules, Battery Management Systems and related services."/>
Electrovaya Starts Delivery Under the Multiyear Master Service Agreement With a Fortune 1000 Company
WSP Global Inc.' s offer for UK-based construction and property consultancy Sweett Group plc has lapsed, the company said. WSP announced the offer on 25 May 2016. The offer is worth around USD 30.28 m."/>
WSP Global Offer for UK Construction Consultancy Sweett Lapses
THAI hopes to resume flights to US [Bangkok Post, Thailand]

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