$KMT (Kennametal Inc.)

$KMT {{ '2016-04-18T12:07:18+0000' | timeago}} • Announcement

Tooling and industrial materials supplier $KMT said it signied a $600MM five-year credit agreement. This syndicated bank facility amends and restates the company's prior loan agreement. The facility contains enhanced covenant adjustments relative to $KMT's amended 2010 agreement.

$RTEC {{ '2018-01-16T17:21:54+0000' | timeago}} • Announcement

$RTEC received over $21MM in orders for process control solutions from two customers: a Korean-based manufacturer of advanced DRAM ranking in the top five of worldwide semiconductor companies and a rapidly expanding 3D NAND manufacturer in China. All systems are scheduled to ship in 1H18.

$KMT {{ '2018-01-16T13:41:17+0000' | timeago}} • Announcement

$KMT said that effective Jan. 16, 2018, Peter Dragich will become the company's VP of the Industrial business. Additionally, Ron Port will become the company's VP and President of the Infrastructure business segment with global responsibility for the company's advanced materials, earth cutting tools, engineering components and ceramics business.

$DOV {{ '2018-01-09T19:40:27+0000' | timeago}} • Announcement

$DOV has acquired Ettlinger Kunststoffmaschinen GmbH and its affiliated entities, based in Germany. Ettlinger, a filtering solutions manufacturer, will become part of the Maag business unit within $DOV’s Fluids segment. Terms of the transaction were not disclosed. Ettlinger's annual revenue was approx. EUR16MM in 2017.

$AIT {{ '2018-01-09T14:46:20+0000' | timeago}} • Announcement

$AIT has agreed to acquire FCX Performance, Inc. for approx. $768MM. The deal is expected to close within 30 days. The acquisition is expected to contribute about $550MM in sales and $68MM in EBITDA in the first 12 months of applied ownership. The deal is expected to be accretive in FY19 after recognition of one-time transaction costs in FY18.

$OA {{ '2018-01-08T15:13:05+0000' | timeago}} • Announcement

$OA has been awarded a contract by Intelsat to build the Galaxy 30 communications satellite. Galaxy 30 will be designed, built and tested at $OA’s satellite manufacturing facility in Dulles, Virginia, and will primarily serve video markets in North America. The satellite is scheduled to launch in early 2020.

$OA {{ '2018-01-04T22:03:38+0000' | timeago}} • Announcement

$OA has signed a Cooperative Research and Development Agreement (CRADA) with the US Air Force’s Space and Missile Systems Center. The CRADA provides the framework and plan for data exchanges needed to certify $OA’s Next Generation Launch (NGL) system to carry National Security Space missions.

$OA {{ '2018-01-04T14:30:10+0000' | timeago}} • Announcement

$OA has been awarded a contract for a second Mission Extension Vehicle (MEV-2). $OA is now producing MEV-1, a commercial in-space satellite servicing system, for Intelsat with launch scheduled for late 2018. Under this new agreement, $OA will manufacture, test and launch MEV-2 and begin mission extension services in mid-2020.

$OA {{ '2018-01-03T14:29:47+0000' | timeago}} • Announcement

$OA has signed its first full-rate production (FRP) contract for its all-electronic FMU-167/B Hard Target Void Sensing Fuze (HTVSF). Contracted through the US Air Force, the $23MM award is a follow-on FRP order to the low-rate initial production contract awarded in 2016.

$WSO {{ '2018-01-02T13:05:39+0000' | timeago}} • Announcement

$WSO declared a regular quarterly cash dividend of $1.25 on each outstanding share of its Common and Class B common stock. The cash dividend is payable on Jan 31, 2018 to shareholders of record at the close of business on Jan 16, 2018.

$WNC {{ '2017-12-18T14:07:41+0000' | timeago}} • Announcement

$WNC has declared a regular quarterly dividend to $0.075 per share on its common stock, representing a 25% increase versus the previous dividend. The latest dividend is payable on January 25, 2018, to stockholders of record on January 4, 2018.

$OA {{ '2017-12-18T13:41:56+0000' | timeago}} • Announcement

$OA said its S. S. Gene Cernan Cygnus spacecraft successfully completed its eighth cargo supply mission to the International Space Station under NASA's Commercial Resupply Services (CRS-1) contract. The mission, known as OA-8, achieved significant milestones that further demonstrated the versatility and value of the Cygnus spacecraft.

$ROP {{ '2017-12-18T13:15:38+0000' | timeago}} • Announcement

$ROP's BoD declared a quarterly cash dividend of $0.4125 per share. The dividend is payable on Jan. 23, 2018 to stockholders of record as of Jan. 9, 2018. This represents an increase of 18% over the dividend paid in each quarter of 2017, or an expected $0.25 increase on an annual basis ($0.0625 on a quarterly basis).

$WNC {{ '2017-12-15T18:14:32+0000' | timeago}} • Announcement

$WNC appointed John Boss to its BoD. This brings the company's Board to eight members. He currently serves as President and CEO of Momentive Performance Materials Inc., and MPM Holdings Inc., a position he has held since Dec. 15, 2014.

$KMT {{ '2017-12-15T15:54:55+0000' | timeago}} • Announcement

Engineering company $KMT has named Joseph Alvarado to its board of directors, effective January 1, 2018. Alvarado is slated to retire as chairman of Commercial Metals Company next month. He joined Commercial Metals in April 2010 as EVP and COO, and went on to become President and COO in April 2011.

$WNC {{ '2017-12-15T14:46:47+0000' | timeago}} • Announcement

Manufacturing company $WNC has appointed John Boss to its Board of Directors. Currently, Boss serves as President and CEO of Momentive Performance Materials and MPM Holdings. With the latest addition, Wabash’s board now has eight members.

$WNC {{ '2017-12-15T14:42:16+0000' | timeago}} • Announcement

Industrial manufacturing firm $WNC has appointed Mike Pettit as SVP and Group President for its Final Mile Products division, effective January 1, 2018. Pettit joined Wabash in 2012 as Director of Finance for Commercial Trailer Products, and went on to become VP of Finance and Investor Relations in 2014. Earlier, he held finance positions at $F.

$WNC {{ '2017-12-15T14:29:25+0000' | timeago}} • Announcement

$WNC, a diversified industrial manufacturer, said its CEO Richard Giromini has decided to step down, effective June 1, 2018. He will be succeeded by Brent Yeagy, who currently serves as President and COO of Wabash. Yeagy will assume office as CEO on June 2, 2018.

$OA {{ '2017-12-11T13:49:56+0000' | timeago}} • Announcement

$OA has been awarded a contract from the US Air Force Space and Missiles Center to build a Long Duration Propulsive Evolved Expendable Launch Vehicle platform. The innovative platform, positioned between the launch booster and a primary space vehicle, is used to carry small payloads or deploy small satellites.

$DOV {{ '2017-12-08T11:59:29+0000' | timeago}} • Announcement

Manufacturing company $DOV has decided to spin off Wellsite, an upstream energy business within its energy segment, into a publicly-traded company. Pursuant to the tax-free spin-off, which is expected to complete by the second quarter of 2018, Wellsite will operate as a provider of multiple technologies, including oil and gas production solutions.

$NOC {{ '2017-12-07T14:20:53+0000' | timeago}} • Announcement

$NOC received a request for additional information from the Federal Trade Commission (FTC). This second request is part of the regulatory process in connection with the FTC’s review of $NOC's proposed acquisition of $OA. The company continues to expect the acquisition to close in 1H18.

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