L3 Technologies announced today that it has been awarded a contract valued at more than $115 million by HNA Group’s Hainan Sky Plumage Flight Training Co., Ltd to provide 11 full flight simulators and auxiliary training equipment over the next 18 months. This new business award follows the successful delivery of three RealitySeven Airbus A320 full flight simulators and one RealitySeven “We are pleased to build on our relationship with the HNA Group and look forward to providing our full-service commercial flight training resources,” said Michael T. Strianese, L3’s Chairman and Chief Executive Officer.
Category: Telecom
Siemens Siemens wins order for HVDC link between Great Britain and France
Siemens has been awarded an order to supply a link between the French and British power grids. The customer is ElecLink Limited, a wholly owned subsidiary of Groupe Eurotunnel SE.
8 Rising Stocks That Are Still Undervalued
According to the GuruFocus All-in-One Screener , several gurus are focusing on stocks whose Peter Lynch fair values are far above the current price. The following stocks are trading with wide margins of safety and have positive performances over the past 12 months.
KVH Introduces Affordable and Highly Reliable Navigation Solution for Light Military Vehicles
KVH Industries, Inc., , is introducing the TACNAV Light/GPS navigation solution today, at the International Defence Exhibition and Conference , in Abu Dhabi, United Arab Emirates. Based on KVH’s successful line of tactical navigation systems, TACNAV Light/GPS features a newly designed sensor mast with embedded GPS, and utilizes KVH’s new TACNAV Moving Map Display and its proven Universal Multilingual Display .
Frontline Ventures wraps up second fund
Dublin and London-based Frontline Ventures , an early-stage venture firm, has closed its second fund at 60 million euros. The firm backs B2B software companies, making investments that are between 200,000 euros and 3 million euros.
eProseed to Support 11th MENA Regulatory Summit
The summit will cover the main topical challenges faced by the regulatory authorities and the GRC community, a debate in which eProseed has a pivotal role to play as the publisher of FSIP, a comprehensive financial supervision solution dedicated to Central Banks, Financial Regulators and Supervisory Authorities. Capellen, Luxembourg, January 22, 2017 — — The 11th MENA Regulatory Summit will take place in Dubai, UAE, in association with the Dubai Financial Services Authority and under the patronage of H.E. Sultan bin Saeed Al Mansouri, the UAE Minister of Economy.
China Telecom Corp Ltd (CHA) Receives Consensus Rating of “Buy” from Analysts
Shares of China Telecom Corp Ltd have been assigned an average rating of “Buy” from the six research firms that are currently covering the stock. Two research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.
Community Applauds Move To Bring Steuben Glass Back To Corning Inc.
Steuben Glass was founded in 1903, and acquired by Corning Inc. in 1918. After years of dismal sales, Corning Inc. sold the company.