Several more breaking news stories will affect stock prices as trading continues today. The following companies should see some movement: Raytheon (NYSE:RTN), Tyson Foods (NYSE:TSN) and Johnson Controls (NYSE:JCI).
Here is a more detailed look at the news that will affect each company as the day’s trading continues.
Raytheon (NYSE:RTN)
Raytheon (NYSE:RTN) has received a $450 million dollar bomb contract from the US Air Force. The GBU-53/B small diameter bomb designed by Raytheon (NYSE:RTN) has been chosen by the Air Force for the deal.
Raytheon Missile Systems President Taylor W. Lawrence said that “Raytheon proved we can provide the warfighter: a low-risk, affordable solution that meets their needs. A versatile weapon that is simple to employ, Raytheon’s GBU-53/B can be integrated on all required aircraft and fully meets the load-out requirements for all versions of the fifth-generation F-35 Joint Strike Fighter’s internal weapon bays.”
Tyson Foods (NYSE:TSN)
For the first time since January, Tyson Foods (NYSE:TSN) has announced plans to ship poultry to Russia. The largest chicken processor in the US is expected to start the shipping this week.
Gary Mickelson, a spokesman for an Arkansas-based company, the Springdale, said in an email that “We currently have five plants eligible to export to Russia and are working to have additional facilities approved.”
The plants have been approved by the U.S. and Russian governments, he added.
Johnson Controls (NYSE:JCI)
As per the $1.7 Million deal, Johnson Controls (NYSE:JCI) will help the army modernize the Oranienstein base in Diez.
Since the project has already started, they expect to have it completed by the end of this year.
Johnson Controls (NYSE:JCI), a reputed brand in reducing energy costs, will upgrade the lighting systems and will improve the control system of the site building.
There will probably be more movement as the day’s trading progresses for Raytheon (NYSE:RTN), Tyson Foods (NYSE:TSN) and Johnson Controls (NYSE:JCI).
