The Department of Defense awarded Lockheed Martin's (NYSE: LMT ) Mission Systems and Training division a $69.4 million sole-source, cost-plus-incentive-fee, cost-plus-award-fee contract modification Wednesday.
The contract, which funds Lockheed Martin's procurement of all of the material, equipment, and supplies that are necessary to conduct the planned development, testing, and integration of the Aegis Ballistic Missile Defense 5.0 capability upgrade onto U.S. Navy destroyers, is expected to be complete by May 31, 2014.
The 5.0 upgrade�in question is part of a joint Navy and Missile Defense Agency project to migrate Aegis Ballistic Missile Defense capability into the DDG (i.e. guided missile destroyer) Modernization Program's Open Architecture (OA) program. If successful, the Aegis system will eventually be able to be used for ballistic missile defense aboard all Aegis-equipped destroyers and cruisers in the U.S. Navy, and potentially, aboard allied Aegis-equipped vessels, as well.
Hot Forestry Companies To Own For 2014: Cougar Logistics Corpn Ltd (F86.SI)
MYP Ltd., an investment holding company, provides shipping agency, terminal operations, warehousing, and logistics services in Singapore. It offers agency services comprising vessel, marketing, and documentation support services; terminal operations, such as handling various vessel types and stevedoring services; and specialized services, including the supervision of loading/discharging operations, vessel stowage pre-planning, and coordinating with masters and agents for vessel turn-around and dispatch. The company also handles door-to-door shipment of plant and machinery, heavy and over-sized cargoes on land and on sea, and hazardous/classified/military cargoes. In addition, it provides logistics and warehousing services consisting of international sea/airfreight forwarding, door-to-door delivery, vessel/aircraft charter, customs clearance and documentation, arranging for certificate of origin, carnet shipment, cross trade shipment, project management, and packing and re- packing of spare parts and container stuffing, as well as distribution, warehousing, and storage services. Further, the company handles strategic projects comprising delivering, hoisting, joining, and installation of escalators/autowalks for elevator and escalator companies. MYP Ltd. is based in Singapore.
Hot Forestry Companies To Own For 2014: National Instruments Corporation(NATI)
National Instruments Corporation designs, manufactures, and sells measurement and automation products to create virtual instrumentation systems for general, commercial, industrial, and scientific applications worldwide. The company sells or licenses application software and modular hardware that combines with industry-standard computers, networks, and third party devices to create measurement, automation, and embedded systems. Its system design software products include LabVIEW to design custom virtual instruments for scientists and engineers and provide data analysis, visualization, and sharing features; LabVIEW Real-Time and LabVIEW FPGA, which are modular software add-ons enabling users to configure their application programs and to build custom hardware devices for measurement or control protocols. The company also offers LabWindows/CVI programming environment for creating test and control applications; and Measurement Studio, which consists of measurement and automati on add-on libraries and additional tools for programmers. Its application software products include NI TestStand, a test management environment; NI VeriStand, a ready-to-use software environment; NI DIAdem that offers configuration-based technical data management, analysis, and report generation tools; and NI Multisim, which offers circuit design technology. In addition, the company provides hardware products and related driver software comprising data acquisition hardware/driver software, PXI modular instrumentation platform, modular instruments, machine vision/image acquisition, motion control, NI RIO hardware platform, industrial communications interfaces, GPIB interfaces/driver software, and VXI controllers/driver software. Further, it offers system configuration and deployment, calibration, warranty and repair, and customer training services, as well as software maintenance and technical support. National Instruments Corporation was founded in 1976 and is headquartered in Austin, Texas.
Top 10 US Stocks To Invest In 2014: General Mining Corporation Limited (GMM.AX)
General Mining Corporation Limited engages in the exploration and assessment of mineral exploration projects in Australia and Mongolia. It primarily explores for gold, base metals, coal, potash, iron, lithium, copper, nickel, uranium, lead, zinc, silver, and manganese ores. The company holds interest in the Shoemaker iron ore project, the Eyre and Veevers iron-oxide-copper-gold projects, the Black Hill project, and the Mercury Hill and Chesterfield gold projects in Australia. It also has an option to acquire a 100% interest in the Mt Success gold project, which is located in Western Australia. In addition, the company owns interest in the Uvs Basin, Khangai Fault, and Oyut Tolgoi projects situated in Mongolia. General Mining Corporation Limited was founded in 2007 and is based in Burswood, Australia.
Hot Forestry Companies To Own For 2014: Conquest Resources Limited (CQR.V)
Conquest Resources Limited, a development stage junior exploration company, engages in the acquisition, exploration, development, and operation of mineral properties primarily in Canada. It explores for gold properties in Ontario, Canada. The company holds interest in the Alexander gold project located in the northwestern Ontario's Red Lake gold mining district. The company, through its joint venture with Detour Gold Corporation, also holds interests in the Sunday Lake property comprising 13 square kilometers of prospective mineral leases situated at Detour Lake, Ontario. In addition, it has interest in the Smith Lake Gold project located at Missanabie. The company was formerly known as Conquest Yellowknife Resources Ltd. and changed its name to Conquest Resources Limited in January 2000. Conquest Resources Limited was incorporated in 1945 and is headquartered in Toronto, Canada.
Hot Forestry Companies To Own For 2014: Appleton Exploration Inc (AEX.V)
Cornerstone Metals Inc. operates in the mining industry. It owns the Dora gold project that is located near Merritt, British Columbia. The company was formerly known as Appleton Exploration Inc. and changed its name to Cornerstone Metals Inc. in May 2012. Cornerstone Metals Inc. was incorporated in 2006 and is based in Vancouver, Canada.
Hot Forestry Companies To Own For 2014: Calix Inc(CALX)
Calix, Inc. provides broadband communications access systems and software for fiber and copper-based network architectures that enable communications service providers (CSPs) to connect to their residential and business subscribers. The company?s Unified Access portfolio comprises hardware and software products, which include C-Series platform, and E-Series platforms and nodes. The C-Series platform is a C7 multiservice and multiprotocol access platform that supports various basic voice and data services, as well as advanced, high-speed, and packet-based services, including gigabit Ethernet, GPON and DSL, and advanced applications, such as IPTV offered by CSPs. The E-Series platforms and nodes consist of chassis-based platforms, and fixed form factor nodes that support various advanced IP-based services, and enable CSPs to implement advanced Ethernet transport and aggregation; and voice, data, and video services over fiber and copper-based network architectures. The compan y?s Unified Access portfolio also includes P-Series Optical Network Terminals, which auto-detect the bandwidth of the network and enable CSPs to change line rates and features without truck rolls or hardware replacements; and Calix Management System, a server-based network management software, which enables CSPs to remotely manage their access networks and scale bandwidth capacity to support advanced broadband services and video. Calix, Inc. markets its access systems and software to CSPs in North America, the Caribbean, and Latin America directly. The company was founded in 1999 and is headquartered in Petaluma, California.
Advisors' Opinion:- [By Karim]
Calix, Inc.(Calix) is a provider of communications access systems and software that enable communications service providers (CSPs) to connect to their residential and business subscribers. The company enables CSPs to provide a range of revenue-generating services, from basic voice and data to broadband services, over legacy and access networks. Its EPS forecast for the current year is 0.83 and next year is 126. According to consensus estimates, its topline is expected to grow 41.99% current year and 21.84% next year. It is trading at a forward P/E of 16. Out of six analysts covering the company, three are positive and have buy recommendations and three have hold ratings.
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