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Tag: Upgrade

Bell-Boeing receives $35 million contract to upgrade V-22 Ospreys

Bell-Boeing receives $35 million contract to upgrade V-22 Ospreys

Business
Jan. 19 (UPI) -- Hardware and software upgrades for the V-22 Osprey aircraft are included in a $ 34.9 million contract awarded to Bell-Boeing JPO, the Defense Department has announced.The contract, announced Thursday by the Department of Defense, sets the company up to provide upgrades for 28 flight training devices to integrate necessary software into Marine Corps and Air Force V-22s.First introduced in 2007, the aircraft is a tri-rotor helicopter with vertical takeoff and landing capability, designed to merge a helicopter's functions with the long-range cruising ability of a turboprop airplane.Work on the contract, which is expected to be finished in April 2022, will mostly be performed in Virginia, Oklahoma and Texas, with the rest spread through locations in Pennsylvania, Missouri, Flo...
General Dynamics to upgrade 786 Abrams tanks

General Dynamics to upgrade 786 Abrams tanks

Business
Dec. 22 (UPI) -- General Dynamics has been awarded a contract from the U.S. Army to upgrade up to 786 M1A1 Abrams tanks.The terms of the deal were officially made public on Thursday in a press statement from the Department of Defense. The contract is worth more than $ 2.6 million, under the terms of a fixed-price-incentive contract, which is a cost-reimbursement contract that provides for an initial negotiated fee at the time of inception that can later be adjusted.Specifically, the contract enables General Dynamics to upgrade M1A1 Abrams vehicles to the newly configured M1A2 System Enhancement Package Version 3."This version is the most modernized configuration of the Abrams tank, having improved force protection and system survivability enhancements and increased lethality over the M1A1 ...
Validea Motley Fool Strategy Daily Upgrade Report – 10/11/2017

Validea Motley Fool Strategy Daily Upgrade Report – 10/11/2017

Finance
Shutterstock photoThe following are today's upgrades for Validea's Small-Cap Growth Investor model based on the published strategy of Motley Fool. This strategy looks for small cap growth stocks with solid fundamentals and strong price performance.REPUBLIC BANCORP, INC. KY ( RBCAA ) is a small-cap growth stock in the Regional Banks industry. The rating according to our strategy based on Motley Fool changed from 49% to 76% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.Company Description: Republic Bancorp, Inc. is a financial holding company of Republic Bank & Trust Company (the Bank) and Republic Insurance Ser...