OVERVIEW Inherently, big defense contractors are expected to eliminate jobs as the Pentagon has lowered spending on traditional weapon systems, while smaller, niche companies may accelerate hiring as the United States garners resources to protect ground troops and strategic computer networks. Industry pioneer Lockheed Martin Corporation (LMT) aims to reduce 600 jobs as a result of the US Defense Department's decision to terminate the VH-71 presidential helicopter program. The Boeing Company (BA) hinted that Pentagon cuts would claim 1,000 jobs in its defense business, affecting staffing at various work sites in the United States in missile defense and in the Army's Future Combat Systems modernization program, which is now being opened to more competition. The large commercial aircraft sector is expected to generate most of its revenue from Asia Pacific Japan (APJ) and the Middle East, relying less on U.S. orders because of the ...

Nephros, Inc.

(OTC: NEPH)

A reader of StocksHaven Investments by the name of Michael Sklar has contributed the following article regarding Nephros, Inc. The article outlines one of the most undervalued BioPharma companies around, at only $1.08 PPS with three pending FDA decisions. If you are an avid investor of pre-PDUFA companies, StocksHaven Investments highly suggests you conduct some due diligence on this company, as its potential value greatly outweighs the risks involved. About: Nephros, Inc. (Nephros) is engaged primarily in the development of hemodiafiltration (HDF), products and technologies for treating patients with end stage renal disease (ESRD). The Company has three products in various stages of development in the HDF modality to deliver therapy to ESRD patients: OLpur MDHDF filter series (which it sells in various countries in Europe and consists of its MD190 and MD220 diafilters);

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Boeing Ratings Outlook Cut by FitchFitch Ratings lowered to negative its long-term credit ratings outlook on The Boeing Company (BA) and its financial unit, Boeing Capital Corp.Fitch said the long-term issuer default rating of A+ on Boeing and Boeing Capital Corp., along with other ratings, were supported by financial flexibility, large order backlog, and the company's balanced portfolio approximately equally split between defense and commercial.However, the rating agency cited several risks and uncertainties prompting the lowered ratings:1) Concerns about the recession's impact on the commercial aerospace industry. Defense companies have been adversely impacted during the recession by exposure to commercial aviation as consumers travel less and airlines cut capacity.2) Downward pressure on U.S. Defense Department budgets.3) Concerns about the health of the aircraft financing market, given very tight credit markets, and Boeing's significant inventory stockpile last ...

Ultralife Corporation (ULBI) began as a battery company in 1990 but now serves its markets with products and services ranging from portable and standby power solutions to communications and electronics systems. Ultralife’s family of brands include Ultralife Batteries, Stationary Power Services, RPS Power Systems, ABLE, McDowell Research and RedBlack Communications. The company services government, defense and commercial customers across the globe, and has operations in North America, Europe and Asia.

Ultralife announced the recent receipt of an order valued at approximately $4.8M from the U.S. Defense Department for the company’s SmartCircuit® lithium ion rechargeable batteries and chargers from its Land Warrior product suite. Land Warrior is an integrated, modular fighting system that uses technology to enhance individual soldiers’ close-combat tactical awareness, lethality and survivability. The system includes weapon-mounted sensors, an integrated helmet assembly, a communications-navigation computer system and software for friendly-force tracking and command/control programs.

Land Warrior batteries

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