Key Developments: Meggitt PLC (MGGT.L)

MGGT.L on London Stock Exchange

442.60GBp
24 Oct 2014
Price Change (% chg)

-1.40p (-0.31%)
Prev Close
444.00p
Open
443.80p
Day's High
446.90p
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441.80p
Volume
1,593,616
Avg. Vol
2,319,613
52-wk High
573.50p
52-wk Low
421.70p

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Latest Key Developments (Source: Significant Developments)

Meggitt PLC announces contract win
Tuesday, 21 Oct 2014 02:00am EDT 

Meggitt PLC:Secures multi-million dollar contract for an advanced wheel and braking system for Gulfstream Aerospace's new G500 and G600 business jets.The G500 and G600 aircraft will be capable of 5,000 and 6,200 nautical miles respectively and feature a maximum operating speed of Mach 0.925, matching the G650 and G6.To help ensure Gulfstream meets these performance parameters, Meggitt is developing advanced wheels and compact carbon brakes featuring its latest generation carbon composite heatsink material and anti-oxidant coating, optimised for weight, envelope and reliability.Both aircraft will feature Meggitt's tyre pressure monitoring system, which it will integrate as well as design; an 'intelligent' brake-by-wire control system featuring high performance braking via conventional pedal braking; and.Says touchscreen-driven automatic braking system to maintain selected deceleration levels on touchdown and improve stopping performance.System will also provide brake temperature information to the avionics system for cockpit display.  Full Article

Meggitt PLC announces contract
Tuesday, 23 Sep 2014 02:00am EDT 

Meggitt PLC:Has been selected by Bell Helicopter, a Textron Inc company, to provide gearbox oil level monitoring and chip detection systems for the new 525 Relentless commercial super-medium helicopter.  Full Article

Meggitt PLC announces contract win
Wednesday, 10 Sep 2014 02:00am EDT 

Meggitt PLC:Says Meggitt Training Systems has won additional delivery orders worth $17.7 million to support the US Army's Targetry Systems (ATS) programme with TACOM, the US Army Contracting Command in Warren, Michigan for delivery in the next 12 months.  Full Article

Meggitt PLC declares interim dividend
Tuesday, 5 Aug 2014 02:01am EDT 

Meggitt PLC:Declares an interim dividend of 0.0425 pounds per ordinary share (2013: 0.0395 pounds).Payable on Oct. 3 to shareholders on the register on Aug. 15.  Full Article

Meggitt PLC receives contract from Boeing
Tuesday, 5 Aug 2014 02:01am EDT 

Meggitt PLC:Says Meggitt Safety Systems has been awarded a contract by The Boeing Company to design, develop, manufacture and support the fire protection system for the 737 MAX engine and APU.Contract comprises the control computer, engine and APU fire detectors and the engine and APU fire suppression bottles.First delivery of the 737 MAX is planned for 2017.  Full Article

Meggitt PLC's Heatric heat exchanger business wins contract
Wednesday, 7 May 2014 02:00am EDT 

Meggitt PLC:Its Heatric heat exchanger business has been awarded a contract by JGC Corporation.For supply of printed circuit heat exchangers (PCHEs) for PETRONAS' second floating Liquefied Natural Gas facility.  Full Article

Meggitt PLC gives FY 2014 revenue guidance below analysts' estimates - Conference Call
Tuesday, 4 Mar 2014 09:00am EST 

Meggitt PLC:Remains comfortable with that revenue guidance over the medium term, with a little less than that, mid single-digit, in FY 2014.The company reported revenue of $1.637 bln in FY 2013.FY 2014 revenue of $1.798 bln - Thomson Reuters I/B/E/S.  Full Article

Meggitt PLC recommends final dividend
Tuesday, 4 Mar 2014 02:00am EST 

Meggitt PLC:Recommends a final dividend of 8.80 pence per share (2012: 8.20 pence per share).Payment date May 09.Record date March 14.  Full Article

Esterline Technologies Corp acquires Meggitt PLC's Sunbank
Friday, 20 Dec 2013 09:00am EST 

Esterline Technologies Corp:Says it has acquired Joslyn Sunbank Company, LLC (Sunbank) for about $45 million, plus up to $5 million in earn-out consideration.Says Sunbank, a unit of Meggitt PLC, is a Southern California-based supplier of connector accessories, backshells, and conduit systems for aerospace and industrial markets.  Full Article

Meggitt PLC wins Australian DoD contract
Thursday, 19 Dec 2013 02:00am EST 

Meggitt PLC:Announces that its Meggitt Training Systems division has been awarded an $18 million contract from the Australian Defence Force (ADF) under the Hardened & Networked Army (HNA) and Enhanced Land Force (ELF) Phase 3 program.Says the award follows several recent largely international deals totalling over $40 million involving simulators for the Italian Ministry of Defence, Kuwait's Police Governorate Headquarters and the Singapore Armed Forces, plus live-fire targetry systems for the US Army's Targetry Systems programme.  Full Article

Weir and Intertek prop up Britain's FTSE 100

LONDON, Aug 5 - Britain's top equity index eked out a gain on Tuesday, as speculation about a takeover lifted engineering group Weir and a broker upgrade buoyed the quality-control and safety-services company Intertek.

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