Aerospace/Defense
Pentagon Ends Suspension On Woodward Governor Unit
WASHINGTON (AP) — Woodward Governor Co., a manufacturer of energy control systems for aircraft, said Wednesday the Pentagon has lifted its suspension on dealing with one of its business units.
In a regulatory filing to the Securities and Exchange Commission, Woodward said that MPC Products Corp., which manufactures aerospace motion control systems, will be permitted to again "bid, receive and perform on U.S. government contracts." As of July 8, MPC Products had been temporarily suspended from participating in new federal procurements and grants because of concerns about its government contract pricing practices prior to June 2005. Woodward Governor bought MPC and Techni-Core Oct. 1, 2008. The two units form its airframe systems business. Shares of Woodward added 31 cents to $24.50 in afternoon trading.TheStreet Premium Services
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn MoreTo begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
Connect with TheStreet