Defense Stocks Sector Close-Up; Defense Stocks Up, New IPO DigitalGlobe Inc (NYSE:DGI) Up on the Opening
POINT ROBERTS, Wash., –May 14, 2009 – www.HomelandDefenseStocks.com, a leading global investor and industry portal for the defense and security sector, within Investorideas.com, presents a sector close-up on defense stocks trading, May 14, 2009. Defense stocks were mostly up with the markets, with new defense company DigitalGlobe Inc IPO up 21% on the opening.
DigitalGlobe Inc., (NYSE:DGI) raised $279.3 million in its IPO, priced at $19 a share. The company raised more than initially planned and the IPO had gains on the opening of 21% and traded as high as $25 on the day.
Defense and intelligence customers represent an estimated 85% of DigitalGlobe’s sales.
Recently listed defense stock, Optex Systems Holdings, Inc., (OTCBB: OPXS), financed at $0.15 was trading at
$0.38, up $ 0.09 (31.03 %).
Defense stocks trading May 14, 2009:
Boeing Co., (NYSE: BA) trading at $43.45, up $ 0.50 (1.16%) 1:31pm ET
General Dynamics Co (NYSE: GD) trading at $55.43, up $ 0.13 (0.24%) 1:32pm ET
Honeywell International Inc. (NYSE:HON) trading at $31.80, up $ 0.43 (1.37%) 1:33pm ET
Lockheed Martin Corporation (NYSE:LMT) trading at $80.65, up $0.12 (0.15%) 1:34pm ET
Northrop Grumman Corporation (NYSE:NOC) trading at $48.67, up $ 0.29 (0.60%) 1:35pm ET
Optex Systems Holdings, Inc. (OTCBB: OPXS) trading at $0.38, up $ 0.09 (31.03 %)
TASER International Inc. (NasdaqGS: TASR) trading at $4.25, up $0.07 (1.67%) 1:37pm ET
Company Snapshot –
DigitalGlobe Inc., (NYSE:DGI) is a leading global provider of commercial high resolution world imagery products and services. Sourced from our own advanced satellite constellation, our imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management as well as internet portals and navigation technology.
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Showcase Defense Company:
Optex Systems Holdings, Inc., (OTCBB: OPXS) through its wholly-owned subsidiary, Optex Systems, Inc. manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles and have been selected for installation on the Future Combat Systems (FCS) Stryker vehicle. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors.
Read the full company profile:
Visit Optex Systems Holdings, Inc. (OTCBB: OPXS) Company Profile: http://www.investorideas.com/CO/OPTEX/
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