Connect with us

News

L3 to Deliver Electronic Warfare Aircraft to Australia With Next-Generation Capability

gbafNews28

L3 Technologies (NYSE:LLL) announced today that it has been awarded a prime contract with an estimated value of more than $1 billion to deliver four aircraft with next-generation airborne electronic warfare (EW) capability to the Royal Australian Air Force (RAAF).

Known as the MC-55A Peregrine, the contract includes four modified Gulfstream G550 aircraft with an integrated mission system that provides the latest EW capabilities. Work on this program was initiated in 2017. Funded orders received on this contract were approximately $230 million for the 2019 first quarter and approximately $700 million in total as of March 29, 2019.

Our mission solution and electronic warfare capabilities are highly sought-after by our allies, said Christopher E. Kubasik, L3s Chairman, Chief Executive Officer and President. As business jets are increasingly utilized for EW purposes, we have invested in miniaturizing our capabilities to deliver new resources for our customers. Australia is a very important market for L3, and we look forward to a long and productive partnership with the RAAF and the local supplier base in support of the Peregrine program.

The MC-55A Peregrine will be integrated into the Commonwealths joint warfighting networks, providing a critical link between platforms, including the F-35A Joint Strike Fighter, E-7A Wedgetail, EA-18G Growler, Navy surface combatants and amphibious assault ships, and ground assets to support the warfighter.

This capability will greatly strengthen the RAAFs goal to becoming a fully networked fifth-generation force and considerably enhance their global effect on peacekeeping and humanitarian operations, said Jeff Miller, Corporate Senior Vice President and President of L3s ISR Systems business segment. It will serve as a critical link between air, land and sea assets to provide airborne electronic warfare support to Commonwealth and allied warfighters in complex operating environments.

Work is being performed at L3s Greenville, Texas facility and at Gulfstream in Savannah, Georgia. It will include airframe modifications to accommodate mission systems and secure communications equipment, installation of a self-protection suite, ground-based data processing systems and crew training services.

With headquarters in New York City and approximately 31,000 employees worldwide, L3 develops advanced defense technologies and commercial solutions in pilot training, aviation security, night vision and EO/IR, weapons, maritime systems and space. The company reported 2018 sales of $10.2 billion.

To learn more about L3, please visit the companys website at www.L3T.com. L3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L3 is routinely posted on the companys website and is readily accessible.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as expects, anticipates, intends, plans, believes, estimates, will, could and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the companys Safe Harbor Compliance Statement for Forward-Looking Statements included in the companys recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.

L3 Technologies
Corporate Communications
212-697-1111

News

Healthpeak Properties to Present at the Citi 2021 Global Property CEO Conference

gbafNews28

DENVER, March 4, 2021 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Tom Herzog, its Chief Executive Officer, is scheduled to present at the Citi 2021 Global Property CEO Conference.

The presentation is scheduled for 3:30 p.m. Eastern Time on Monday, March 8, 2021. You can access the webcast by visiting our website at https://ir.healthpeak.com/webcasts. A replay of the webcast will be available on our website through March 8, 2022.

ABOUT HEALTHPEAK PROPERTIES

Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns and develops high-quality real estate in the three private-pay healthcare asset classes of Life Science, Medical Office and CCRCs. At Healthpeak, we pair our deep understanding of the healthcare real estate market with a strong vision for long-term growth. For more information regarding Healthpeak, visit www.healthpeak.com

CONTACT

Andrew Johns  
Vice President – Corporate Finance and Investor Relations  
720-428-5400

Healthpeak Properties, Inc. Logo (PRNewsfoto/Healthpeak Properties, Inc.)

 

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/healthpeak-properties-to-present-at-the-citi-2021-global-property-ceo-conference-301241020.html

SOURCE Healthpeak Properties, Inc.

Continue Reading

News

Charter Closes $3.0 Billion Senior Secured Notes

gbafNews28

STAMFORD, Conn., March 4, 2021 /PRNewswire/ — Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, “Charter”) today announced that its subsidiaries, Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. (collectively, the “Issuers”), have closed their offering of $3.0 billion in aggregate principal amount of notes consisting of the following securities:

  • $1.5 billion in aggregate principal amount of Senior Secured Notes due 2041 (the “2041 Notes”). The 2041 Notes bear interest at a rate of 3.500% per annum and were issued at a price of 99.544% of the aggregate principal amount.
  • $1.0 billion in aggregate principal amount of Senior Secured Notes due 2052 (the “2052 Notes”). The 2052 Notes bear interest at a rate of 3.900% per annum and were issued at a price of 99.951% of the aggregate principal amount.
  • $500 million in aggregate principal amount of Senior Secured Notes due 2061 (the “2061 Notes,” and together with the 2041 Notes and 2052 Notes, the “Notes”). The 2061 Notes form a part of the same series as the Issuers' Senior Secured Notes due 2061 issued on December 4, 2020, which bear interest at a rate of 3.850% per annum. The 2061 Notes were issued at a price of 94.668% of the aggregate principal amount.

     The Notes were issued pursuant to an effective automatic shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (“SEC”).

     Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC were Joint Book-Running Managers for the offering. The offering was made only by means of a prospectus supplement dated February 18, 2021 and the accompanying base prospectus, copies of which, when available, may be obtained on the SEC's website at www.sec.gov or by contacting Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, United States; Telephone: (800) 221-1037; E-mail: [email protected], or by contacting J.P. Morgan Securities LLC, Attention: Investment Grade Syndicate Desk, 383 Madison Avenue, New York, New York, 10179; Telephone: (212) 834-4533, or by contacting Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; E-mail: [email protected].  

     This news release is neither an offer to sell nor a solicitation of an offer to buy the Notes and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation, or sale is unlawful.

About Charter 
Charter Communications, Inc. (NASDAQ: CHTR) is a leading broadband connectivity company and cable operator serving more than 31 million customers in 41 states through its Spectrum brand. Over an advanced communications network, the company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.

For small and medium-sized companies, Spectrum Business® delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise provides highly customized, fiber-based solutions. Spectrum Reach® delivers tailored advertising and production for the modern media landscape. The company also distributes award-winning news coverage, sports and high-quality original programming to its customers through Spectrum Networks and Spectrum Originals. More information about Charter can be found at corporate.charter.com.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/charter-closes-3-0-billion-senior-secured-notes-301241049.html

SOURCE Charter Communications, Inc.

Continue Reading

News

Redwood Trust To Participate In Morgan Stanley's State Of The Housing Market Webcast

gbafNews28

MILL VALLEY, Calif., March 4, 2021 /PRNewswire/ — Redwood Trust, Inc. (NYSE: RWT) a leader in expanding access to housing for homebuyers and renters, today announced that Chris Abate, Chief Executive Officer, along with other members of Redwood's senior management team, will participate in Morgan Stanley's State of the Housing Market webcast series on Wednesday, March 17, 2021 at 10:00 a.m. Pacific. Key topics of discussion will include the state of the housing market, trends in homeownership and single-family rental, and demand for lending.

Webcast Information

A link to the live webcast of the presentation will be available through the Events and Presentations section of Redwood Trust's Investor Relations website at https://ir.redwoodtrust.com/events-and-presentations/events. An archive of the webcast will be available shortly after the presentation at the same location for 90 days.

About Redwood Trust

Redwood Trust, Inc. (NYSE: RWT) is a specialty finance company focused on several distinct areas of housing credit. Our operating platforms occupy a unique position in the housing finance value chain, providing liquidity to growing segments of the U.S. housing market not served by government programs. We deliver customized housing credit investments to a diverse mix of investors, through our best-in-class securitization platforms; whole-loan distribution activities; and our publicly-traded shares. Our consolidated investment portfolio has evolved to incorporate a diverse mix of residential, business purpose and multifamily investments. Our goal is to provide attractive returns to shareholders through a stable and growing stream of earnings and dividends, capital appreciation, and a commitment to technological innovation that facilitates risk-minded scale. Since going public in 1994, we have managed our business through several cycles, built a track record of innovation, and a best-in-class reputation for service and a common-sense approach to credit investing. Redwood Trust is internally managed and structured as a real estate investment trust (“REIT”) for tax purposes. For more information about Redwood Trust, please visit our website at redwoodtrust.com.

CONTACT
Lisa Hartman – SVP, Head of Investor Relations
Phone: 866-269-4976
Email: [email protected]

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/redwood-trust-to-participate-in-morgan-stanleys-state-of-the-housing-market-webcast-301241017.html

SOURCE Redwood Trust, Inc.

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

Call for Entries

Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate

Latest Posts

gbafNews28 gbafNews28
News2 hours ago

Healthpeak Properties to Present at the Citi 2021 Global Property CEO Conference

DENVER, March 4, 2021 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Tom Herzog, its Chief Executive Officer, is...

gbafNews28 gbafNews28
News2 hours ago

Lindblad Expeditions Holdings, Inc. To Report 2020 Fourth Quarter And Full Year Financial Results On March 9, 2021

NEW YORK, March 4, 2021 /PRNewswire/ — Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND; “Lindblad”; the “Company”), a global provider of...

gbafNews28 gbafNews28
News2 hours ago

Retail Properties of America, Inc. to Present at the Citi 2021 Virtual Global Property CEO Conference

OAK BROOK, Ill., March 4, 2021 /PRNewswire/ — Retail Properties of America, Inc. (NYSE: RPAI) (the “Company”) today announced that Steven...

gbafNews28 gbafNews28
News2 hours ago

Redwood Trust To Participate In Morgan Stanley's State Of The Housing Market Webcast

MILL VALLEY, Calif., March 4, 2021 /PRNewswire/ — Redwood Trust, Inc. (NYSE: RWT) a leader in expanding access to housing for homebuyers...

gbafNews28 gbafNews28
News2 hours ago

Charter Closes $3.0 Billion Senior Secured Notes

STAMFORD, Conn., March 4, 2021 /PRNewswire/ — Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, “Charter”) today announced that its subsidiaries,...

gbafNews28 gbafNews28
News2 hours ago

Pontem Corporation Announces the Separate Trading of its Shares of Class A Ordinary Shares and Warrants Commencing March 5, 2021

NEW YORK, March 4, 2021 /PRNewswire/ — Pontem Corporation (NYSE: PNTM.U) (the “Company”) announced that, commencing March 5, 2021, holders of...

gbafNews28 gbafNews28
News2 hours ago

Trinity Capital Inc. Reports Fourth Quarter and Full Year 2020 Financial Results

PHOENIX, March 4, 2021 /PRNewswire/ — Trinity Capital Inc. (Nasdaq: TRIN) (“Trinity Capital” or the “Company”), a leading specialty lending company that...

gbafNews28 gbafNews28
News2 hours ago

Preferred Apartment Communities, Inc. Announces Real Estate Loan Investment in Orlando, Florida Multifamily Development

ATLANTA, March 4, 2021 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced that on March...

gbafNews28 gbafNews28
News2 hours ago

MMA Capital Holdings Announces Chairman and CEO Appointments

BALTIMORE, March 4, 2021 /PRNewswire/ — MMA Capital Holdings, Inc. (Nasdaq: MMAC) (“MMA Capital” or the “Company“) today reported updates to the...

gbafNews28 gbafNews28
News2 hours ago

Exro Response to False and Defamatory Report

Effective business strategy with demonstrated focus and execution Valued partnerships have delivered a platform to demonstrate proof of concepts and...