Strategy Analytics: 2012 revenues stable and contract activity robust for start of 2013 - WALB.com, Albany News, Weather, Sports

Strategy Analytics: 2012 revenues stable and contract activity robust for start of 2013

  • More WALB News10 HeadlinesMore News Headlines

  • Tuesday, June 18 2013 7:25 PM EDT2013-06-18 23:25:17 GMT
    A young man in Moultrie is turning to you for help after suffering from a rare flesh eating bacteria. Michael Hobgood suffered a cut on his thumb while shooting a gun at an area pond. The condition of
    A young man in Moultrie is turning to you for help after suffering from a rare flesh eating bacteria. Michael Hobgood suffered a cut on his thumb while shooting a gun at an area pond.

  • Tuesday, June 18 2013 7:24 PM EDT2013-06-18 23:24:00 GMT
    Sherwood Baptist Church is inviting all children to join its Backyard Bible club. The club runs from 10-noon until Friday.Church members assist the children in worship and bible study.The camp is held
    Sherwood Baptist Church is inviting all children to join its Backyard Bible club. The club runs from 10-noon until Friday.Church members assist the children in worship and bible study.The camp is held

  • Tuesday, June 18 2013 7:04 PM EDT2013-06-18 23:04:37 GMT
    Dan McCarthy, AHA Executive Director, stands before city commissioners during Tuesday's Meeting
    An Albany Housing Authority plan to revitalize a central Albany neighborhood gets a stamp of approval from city leaders. Commissioners approved a resolution of support for the plan to transform McIntosh
    An Albany Housing Authority plan to revitalize a central Albany neighborhood gets a stamp of approval from city leaders.  Commissioners approved a resolution of support for the plan to transform McIntosh Homes into a thriving mixed income community called "The Oaks at North Intown".
    •   

Information contained on this page is provided by companies via press release distributed through PR Newswire, an independent third-party content provider. PR Newswire, WorldNow and this Station make no warranties or representations in connection therewith.

SOURCE Strategy Analytics

Financials reflect slowing defense market, but contract activity continuing

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.

(Logo: http://photos.prnewswire.com/prnh/20130207/NE56457LOGO-b )

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, aanwar@strategyanalytics.com
US Contact: Eric Higham, +1 617 614 0721, ehigham@strategyanalytics.com

©2012 PR Newswire. All Rights Reserved.