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General Dynamics National Steel and Shipbuilding is awarded a $147,650,048 firm-fixed-price contract for the execution of USS Cowpens fiscal 2018 modernization period availability. This is a "long-term" availability will include a combination of maintenance, modernization and repairs. This was competed on a coast-wide basis without limiting the place of performance to the vessel's homeport. GD-NASSCO will provide the facilities and human resources capable of completing, coordinating and integrating multiple areas of ship maintenance, repair and modernization for USS Cowpens. This contract includes options which, if exercised, would bring the cumulative value of this contract to $154,805,657. Work will be performed in San Diego, California, and is expected to be completed by December 2019.

Lockheed Martin has been awarded a $2,935,545,188 not-to-exceed undefinitized contract for three Next Generation Overhead Persistent Infrared Geosynchronous Earth Orbit Space Vehicles. This contract encompasses requirements analysis, design/development, critical path flight hardware procurement, early manufacturing, and risk reduction efforts leading to a system critical design review. Work will be performed in Sunnyvale, California, and is expected to be completed by April 30, 2021.

The breakdown is as follows: 334 orders for 737, 14 orders for 747, 20 orders for 767, 26 orders for 777 and 93 orders for 787.

BAE Systems announced that the Association du Transport Urbain du Quebec ordered 497 electric-hybrid buses using the BAE Systems Series-E electric drive propulsion system. The five-year contract includes an option for up to 1,028 additional systems. The ATUQ consortia is focused on implementing sustainable, green technologies and is using BAE Systems' series electric-hybrid system as a step to achieving their goal of fully-electric systems in the future. This new order of buses will include the anti-idling feature decreasing fuel and emissions at stops, electrically powered heaters for less maintenance, and the ability to turn off the diesel engine in specified areas to create zero-emission driving zones. BAE Systems is saving more than 20M gallons of fuel and 215,000 tons of CO2 each year with more than 9,000 systems operating across the globe.

Barry Rosenstein's Jana Partners disclosed in a regulatory filing its holdings as of June 30, 2018. Jana made 23 new buys during the first quarter, including, by size of position, Facebook (FB), Alibaba (BABA), Microsoft (MSFT), Wells Fargo (WFC) and Alphabet Class A (GOOGL). Jana exited 16 positions during the quarter, including by size of previous position, Bloomin' Brands (BLMN), Northrop Grumman (NOC), Keurig Dr Pepper (KDP), WestRock (WRK) and Cigna (CI). Jana increased its stake in six holdings, including by size, Pinnacle Foods (PF), Electronic Arts (EA), Agilent Technologies (A) and Apple (AAPL). The fund reduced its stake in nine holdings, including by size Tiffany (TIF), Lam Research (LRCX), HD Supply Holdings (HDS), Autodesk (ADSK) and Boston Scientific (BSX). Jana's top holdings as of June 30, in order of size, were Pinnacle Foods, Zimmer Biomet (ZBH), HD Supply, Tiffany and Jack in the Box (JACK).

The U.S. Army awarded Lockheed Martin a $218 million contract to produce High Mobility Artillery Rocket System, or HIMARS, launchers and associated hardware for an international customer. With this procurement, HIMARS is now in the inventories of four international partners. The contract calls for the delivery of 18 HIMARS launchers and associated equipment by December 2020.

The U.S. Army awarded Lockheed Martin a $218M contract to produce High Mobility Artillery Rocket System, or HIMARS, launchers and associated hardware for an international customer. With this procurement, HIMARS is now in the inventories of four international partners. The contract calls for the delivery of 18 HIMARS launchers and associated equipment by December 2020. The HIMARS vehicles will be produced from the ground up at Lockheed Martin's award-winning Camden, Ark., Precision Fires Center of Excellence.

CAE's board has approved an 11% increase to CAE's quarterly dividend, which becomes $C0.10 per share, payable September 28 to shareholders of record at the close of business on September 14.