The Bahrain real estate market is not in as bad shape as the UAE. Buyers do not want to commit right now and the market is in mild decline. That said, the majority of homes in the Kingdom have been bought by owner-occupiers and speculator activity has been restrained, although it does exist. One aspect that has helped the Bahrain market so far is he presence of the U.S. Navy’s Fifth Fleet. Despite falling house prices, there is a shortage of housing and that makes the long term picture look brighter.br /br /In the north, various new developments are being constructed on reclaimed land. This does not help the increasing demand in low cost housing, so investors are keenly watching demand.

General Dynamics Corp. (GD) reported third-quarter results in late October. Earnings per share of $1.59 topped the year-prior $1.34 and exceeded analyst estimates by 7%. Revenues jumped 4.5% to $7.1 billion on a year-over-year basis.

Company Description

General Dynamics operates in four main business segments. Aerospace designs, develops, manufacturers and services a comprehensive offering of advanced business-jet aircraft. Combat Systems is a global leader in producing, supporting and sustaining land and expeditionary combat systems for the U.S. military and its allies. Marine Systems designs, builds and supports submarines and a variety of surface ships for the U.S. Navy and commercial customers. The Information Systems and Technology group offers a breadth and depth of technology and service capabilities that support a wide range of government and commercial needs, including systems integration expertise; hardware and software products; and engineering, management and support services.

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Last month, I spent some time in San Juan, Puerto Rico. One day, we visited Old San Juan, the oldest settlement within the territory of the United States, with a history that begins in 1508. We also visited the old fort known officially as El Castillo San Felipe del Morro, or simply El Morro.

The fort must have sent shivers up the spines of all those who hoped to take it. The walls of El Morro are 18 feet thick and 145 feet high. Built on a headland, the Spanish Empire controlled the flow of goods in and out of the New World from here. El Morro has been tested many times. Even today, you can walk in the oldest tower in the fort, built in 1539, and see shell fragments in the ceiling that date to the 1898 bombardment of San Juan by the U.S. Navy during the Spanish-American War.

El

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Northrop Grumman (NOC) offers a strong program portfolio positioned to take advantage of growth areas in the defense budget, an improving balance sheet and an ongoing share repurchase program. Favorable projected revenue, the acquisition of 3001 International, favorable ruling regarding the BAMS contract [a deal offered NOC by the U.S. Navy, validated by the Government Accounting Office, or GAO], diversified revenue and earnings streams with strong growth and discounted relative valuation metrics collectively support our bullish outlook for NOC. Accordingly, we maintain our BUY recommendation on NOC common stock with a six-month target price of $54.75. Price appreciation to our near-term valuation target coupled with the $0.40 per share quarterly dividend which we deem secure and sustainable based upon low projected payouts, represents 24.1% upside potential.The company supplies a broad array of products and services to the U.S. Department of Defense (DoD), including electronic ...

Altair Nanotechnologies Inc. (Nasdaq: ALTI) provides advanced materials and products for power and energy systems. The company’s lithium-based battery products are applicable to hybrid vehicles and energy storage systems for large-scale stationary power services.

The company today unveiled its new corporate brand identity that signifies the company’s new focus on the transportation, stationary power and military markets. The updated brand includes a new logo, as well as the new tagline – “Changing the Energy Revolution.” The company has also launched a new Web site and targeted advertising campaign.

The company said it has observed needs in the market place and that its new brand will support its goal in becoming an industry leader.

“Altairnano closely analyzes key drivers in the marketplace, and assesses where its technology can make the greatest impact for addressing its customers’ needs,” Terry Copeland, president & CEO for Altair Nanotechnologies stated in the press release. “Today

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General Dynamics Corp. (GD), which is trading near a 52-week high, posted stellar second-quarter results in late July. Revenue was up 10.8% from last year to $7.3 billion. Earnings per share of $1.60 topped the consensus estimate by 12% and improved on the year-prior $1.27. In early August, the company declared a regular quarterly dividend of 35 cents per share.

Company Description

General Dynamics provides business aviation; land and expeditionary combat vehicles and systems, armaments, and munitions; shipbuilding and marine systems; and mission-critical information systems and technologies.

The company operates in four main business segments. Aerospace designs, develops, manufacturers and services a comprehensive offering of advanced business-jet aircraft. Combat Systems is a global leader in producing, supporting and sustaining land and expeditionary combat systems for the U.S. military and its allies. Marine Systems designs, builds and supports submarines and a variety of surface ships for the U.S. Navy

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