Strategy Analytics: 2012 Revenues Stable And Contract Activity Robust For Start Of 2013
BOSTON, March 19, 2013 /PRNewswire/ -- Financial reporting at the beginning of 2013 saw most companies in the defense sector unveiling largely stable revenue results for 2012 with only minor increases or declines year-on-year. The Strategy Analytics Advanced Defense Systems (ADS) service reports, " Defense Electronics Industry Review: January 2013," and " Defense Electronics Industry Review: February 2013," detail significant defense industry news, including product announcements, milestones, contract activity and defense industry financial performance for the beginning of 2013.
Company results reflected a slowing defense market, but contract activity was surprisingly good in January with new contracts across all sectors including radar, communications and EW. A number of international shows including IDEX and the Aero India exhibition in February provided the stage for companies to establish strategic relationships, form joint ventures and highlight their capabilities as well as sign major contracts.
"Boeing's financial performance was the exception with revenues growing 19 percent year-on-year," noted Eric Higham, ADS Service Director North America. "However, this was largely on the back of the company's commercial business.""February deals included Saab partnering with Tawazun to create a new UAE-based radar company and Boeing and Elbit Systems signing a MoU leveraging Elbit's Directional Infrared Counter Measures (DIRCM) capabilities for Boeing's fixed and rotor platforms," said Asif Anwar, Director of the ADS service at Strategy Analytics. "Other business activity included the O'Gara Group, completing its purchase agreement to acquire BAE Systems Commercial Armored Vehicles." About Strategy Analytics Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com European Contact: Asif Anwar, +44(0) 1908 423 635, email@example.comUS Contact: Eric Higham, +1 617 614 0721, firstname.lastname@example.org SOURCE Strategy Analytics
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV