LLL, SSHO, TXT, - DrStockPick.com Stock Report! - L-3 Communications Holdings, South Shore Resources, Textron
Monday, July 19th, 2010__
LLL, L-3 Communications Holdings Inc.
LLL is a prime contractor in Command, Control and Communications, Intelligence, Surveillance and Reconnaissance (C³ISR), Government Services, Aircraft Modernization and Maintenance (AM&M) and has the broadest base of Electronic Systems in the industry. LLL is also a major provider of homeland defense products and services for a variety of emerging markets.
** LLL reported that its WESCAM subsidiary has been awarded a third indefinite delivery/indefinite quantity (ID/IQ) contract from the U.S. Air Force. Valued at $200 million, the funding from this contract will be used to purchase the latest generation of LLL’s MXTM-15Di targeting systems, complete with high-definition (HD) sensors, and MXTM-20D targeting systems, also with HD sensors, for an undisclosed customer.
Over an 18-month period, three ID/IQ contracts have been awarded to WESCAM, enabling the Air Force to purchase a total of $400 million of products and services. The MX-15Di systems procured under this latest contract will be used on the Project Liberty program, which LLL also supports as the prime contractor and systems integrator.
To date, the Air Force has purchased six different models of MX turrets under these three contracts. Each turret model features high-reliability, long-range performance, precision target location accuracy and ease-of-use on a variety of platforms. WESCAM sensors supply highly stabilized full-motion EO/IR video in support of U.S coalition forces and troop operations.
More about LLL at www.l-3com.com
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SSHO, South Shore Resources Inc., SSHO.PK
SSHO is a company engaged in the development of products which are committed to the reduction of harmful greenhouse gases and fuel savings with use of Hydrogen Generating Modules and related accessories to the transportation and automotive industries which are either in development and/or the commercialization stages.
SSHO’s Hydrogen Hybrid Conversion Kit, which uses proven patent-pending technology to develop an add-on to any engine to enhance the combustion process independent of the type of fuel used (gasoline, diesel, biodiesel, natural gas, or ethanol) - saves up to 25 percent or more fuel economy.
SSHO’s HyProStar is safe for use on newer cars because it operates independently of the vehicle’s computer.
SSHO is now geared up to commercialize its Hybrid Conversion Kit and bring it out to the global alternative energy market.
There are over 750 million automobiles currently on the road using combustible engines world wide.
SSHO could be an obvious aftermarket alternative to Rising Fuel Prices and Harmful Greenhouse Gases.
To protect and secure Worldwide rights to hydrogen on demand conversion process, SSHO has prepared and filed for international patent protection with the assistance of Sim & McBurney, Patent & Trademark Agents, a Patent Cooperation Treaty (PCT) international patent application with the World International Property Organization, which describes the technique by electrolysis to produce oxyhydrogen for its Hydrogen On Demand Hybrid Conversion Kits. (Source: CLICK HERE)
More about at www.southshoreresourcesinc.com
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TXT, Textron Inc.
TXT operates in the aircraft, defense, industrial, and finance businesses worldwide.
Known for its unmanned aircraft systems, advanced marine craft, armored vehicles, intelligent battlefield and surveillance systems, intelligence software solutions, precision smart weapons, piston engines, test and training systems, and total life cycle sustainment services, Textron Systems includes AAI Corporation, Lycoming Engines, Overwatch, Textron Defense Systems and Textron Marine & Land Systems. Textron Systems Corporation is an indirect wholly owned subsidiary of TXT.
** AAI Corporation, an operating unit of Textron Systems, a TXT’s company, announced today that Italy’s Ministry of Defense (MoD) – Directorate of General Aeronautical Armament has selected AAI’s Shadow 200 Tactical Unmanned Aircraft Systems (TUAS) for the Italian Army. Under this 51 million euro ($64 million) award, Italy will purchase four Shadow TUAS for deployment alongside NATO forces.
AAI Corporation and its indirect wholly owned subsidiaries Aerosonde Pty Ltd and ESL Defence Limited design, produce and support industry-leading aerospace and defense products and services, including unmanned aircraft and ground control technologies; high-fidelity training and simulation systems; automated aerospace test and maintenance equipment; armament systems; and logistical, engineering, supply chain and operational support services.
The Italian MoD’s competitive procurement for TUAS identified several system requirements leading up to the selection of AAI’s Shadow system. These features include a small system footprint; easy transportation using small vehicles or C-130 Hercules aircraft; ease of use; interoperability with other NATO forces; and the ability to take off and land from small, semi-prepared airfields.
Shadow TUAS leverage AAI’s interoperable One System Ground Control Station architecture to receive and disseminate battlefield video. Its design also complies with NATO Standardization Agreement 4586, enhancing interoperability among international unmanned aircraft systems.
AAI is taking advantage of select Italian defense suppliers to facilitate the delivery of the four Shadow systems to the MoD, including RIGEL International Engineering & Consultancy Agency, an experienced Italian defense contractor. System deliveries are expected to begin in 2011.
More about TXT at www.textron.com
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