Airline Stocks: Textron Inc. (NYSE:TXT), Northrop Grumman Corporation (NYSE:NOC), The Boeing Company (NYSE:BA), Micronet Enertec Technologies Inc (NASDAQ:MICT)

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Textron Inc. (NYSE:TXT)’s defense systems subsidiary has secured a $190 million contract from the U.S. Air Force to provide 361 sensor fuzed weapons, seven trainers and 18 wind corrected munitions dispenser tail kits, some of which will be supplied to South Korea’s military, the U.S. Department of Defense said Thursday. Textron Inc. (NYSE:TXT) stock performance was 0.13% in last session and finished the day at $39.27. Traded volume was 1.04million shares in the last session and the average volume of the stock remained 1.75million shares. The beta of the stock remained 2.01. Textron Inc. (NYSE:TXT) insider ownership is 0.20%.

The U.S. Air Force has selected Northrop Grumman Corporation (NYSE:NOC) to enhance and maintain the Global Adaptive Planning Collaborative Information Environment (GAP CIE) software system with a five year, indefinite delivery, indefinite quantity contract valued at up to $98 million. Northrop Grumman Corporation (NYSE:NOC) rose 0.34 percent to $121.96 Monday on volume of 946.80K shares. The intra-day range of the stock was $120.62 to $122.28. Northrop Grumman Corporation (NYSE:NOC) has a market capitalization of $26.12billion.

The National Labor Relations Board has dismissed complaints filed by Machinists who had hoped to overturn the union’s approval of a contract offer by the The Boeing Company (NYSE:BA) earlier this year. The Boeing Company (NYSE:BA) has “not received any formal notification from the NLRB regarding the status of these charges,” company spokesman Doug Alder said. “We continue to move forward implementing all terms of the contract, including the major expansion of our Everett site for the 777X.” The Boeing Company (NYSE:BA)’s stock on 02 June, 2014 reported a increase of 0.48% to the closing price of $135.90. Its fifty two weeks range is $96.31 -$144.57. The total market capitalization recorded $99.10billion. The overall volume in the last trading session was 2.63million shares. In its share capital, BA has 729.22million outstanding shares.

Micronet Enertec Technologies, Inc. (NASDAQ: MICT) said its first quarter 2014 total revenue was USD5.6m, compared to USD10.4m in the first quarter of 2013. The company attributed the decline to reduced sales to a major client. On Monday, shares of Micronet Enertec Technologies Inc (NASDAQ:MICT) advanced 0.78% to close the day at $3.90. Company return on investment (ROI) is 15.10% and its monthly performance is recorded as -5.80%. Micronet Enertec Technologies Inc (NASDAQ:MICT) quarterly revenue growth is -26.97%.

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