On Friday, Lockheed Martin Corporation (NYSE:LMT)’s shares declined -0.82% to $191.14.
Lockheed Martin Corporation (LMT) received a contract to deliver Sniper Advanced Targeting Pods (ATP) to the Royal Jordanian Air Force (RJAF) in support of urgent operational requirements.
Under the contract, Lockheed Martin will deliver 10 Sniper ATPs and provide integration support startning later this year. The RJAF is presently conducting precision-strike missions with five Sniper ATPs it attained in 2014.
Sniper ATP detects, identifies, automatically tracks and laser-designates small tactical targets at long ranges. It also supports employment of all laser and GPS-guided weapons against multiple fixed and moving targets. Sniper ATP’s interoperability enables coalition air forces to use the pod across multiple platforms, counting U.S. Air Force and multinational F-15, F-16, F-18, A-10, B-1 and B-52 aircraft.
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It also provides administration, engineering, technical, scientific, logistics, and information services. Its Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies.
XPO Logistics Inc (NYSE:XPO)’s shares gained 0.20% to $47.53.
XPO Logistics Inc (XPO) declared that it has consummated the formerly declared agreement to purchase all of the shares of Norbert Dentressangle SA held by Mr. Norbert Dentressangle and his family, representing 67% of the company`s outstanding shares, at a price of 217.50 euros per share.
Starts Rebranding as XPO Logistics
In Europe, the iconic red trucks formerly representing Norbert Dentressangle are being repainted to declare #WeAreXPO. XPO Logistics trucks will debut at the Grand Départ of the Tour de France in July, ongoing a long-standing partnership as the official logistics partner of the Tour de France.
XPO Logistics, Inc. provides transportation and logistics services primarily in the United States. The company operates through two segments, Transportation and Logistics. The Transportation segment provides truckload, less-than truckload and intermodal brokerage, and last-mile delivery logistics services under the brands XPO Logistics, XPO Last Mile, and Pacer; and time-critical, time-sensitive, or high priority freight shipment services under the brand names XPO Express, XPO NLM, and XPO Air Charter.
At the end of Friday’s trade, Meritage Homes Corp (NYSE:MTH)‘s shares surged 1.68% to $45.39.
Meritage Homes Corp (MTH) declared the closing of a private placement of $200 million aggregate principal amount of 6.00% senior unsecured notes due June 1, 2025 (the “notes”). The accomplished transaction resulted in about $197.5 million in net proceeds (before paying certain transaction-related expenses) to the Company. The notes were offered to qualified institutional buyers following Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and outside the United States to persons other than U.S. persons in reliance upon Regulation S under the Securities Act.
This declarement is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation, or sale in any jurisdiction in which such offer, solicitation, or sale is unlawful. The securities have not been registered under the Securities Act or any state securities laws, and unless so registered, may not be offered or sold in the United States except following an exemption from the registration requirements of the Securities Act and applicable state laws.
Meritage Homes Corporation designs and builds single-family detached homes in Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; constructs, markets, and sells homes; and provides warranty and customer services.
Con-way Inc (NYSE:CNW), ended its Friday’s trading session with -0.47% loss, and closed at $40.00.
The Board of Directors of Con-way Inc. (CNW) has declared a cash dividend of 15 cents per share on the company’s common stock. The dividend is payable on September 11, 2015 to shareholders of record on August 14, 2015.
Con-way Inc., together with its auxiliaries, provides transportation, logistics, and supply chain administration services to various manufacturing, industrial, and retail customers in North America and internationally. It operates through three segments: Freight, Logistics, and Truckload. The Freight segment offers day-definite regional, inter-regional, and transcontinental less-than-truckload freight services with a fleet of line-haul, and pickup-and-delivery tractors and trailers.
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