Las Vegas Sands Corp. (NYSE: LVS) CEO and Chairman, Robert G. Goldstein, has sold 100,000 shares of the company’s common stock, according to a recent SEC filing. The transaction, which took place on March 15, 2024, amounted to over $5.2 million, with shares sold at a weighted average price of $52.06.
The sales were executed in multiple transactions with prices ranging between $52 and $52.26. Post-transaction, Goldstein still holds 172,801 shares indirectly through The Robert and Sheryl Goldstein Trust, signifying a continued stake in the company’s future.
This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.
Owego, New York,October 26, 2023 – The U.S. Navy awarded Lockheed Martin Corporation (NYSE: LMT) a contract to produce six multi-mission MH-60R Seahawk® helicopters for the Norwegian government. Designed and built by Sikorsky, a Lockheed Martin company, MH-60R aircraft will enable Norway to perform multiple maritime missions, including search and rescue and coastal and offshore patrol.
Depend on the SEAHAWK
Norway and other nations can depend on the SEAHAWK aircraft for:
high reliability
advanced mission systems and sensors
low flight hour costs, and
low maintenance and sustainment costs.
Norway’s order marks the second MH-60R contract award in less than a month. On Oct. 12, the U.S. Navy awarded Lockheed Martin a contract for eight Spanish Navy MH-60R aircraft.
Sikorsky has delivered 330 MH-60R aircraft to five countries. Sixty-four more are on order or in production for India, Greece, South Korea, Australia, Spain and Norway.
Austrian Federal Railways (OBB) is once again ordering 35 new KISS double-decker multiple units from Stadler Rail AG (SWISS: SRIAF). In addition to 14 trains for long-distance services, Stadler is also supplying 21 KISS vehicles for local transport. The order is part of the framework agreement signed in 2022 for up to 186 double-decker multiple units. Including the first call-off, 76 vehicles were thus ordered. Thanks to its high degree of innovation and generous space, the KISS has impressed customers in 14 countries.
ÖBB and Stadler are continuing the joint replacement of the Austrian local and long-distance transport fleet. Last year, OBB called off 41 KISS double-decker multiple units from a framework agreement for 186 trains. OBB and Stadler have signed the contract for exercising the next option with a volume of around 600 million euros. This comprises a total of 35 new double-decker multiple units, 14 of which are six-car trains for long- distance services and 21 are four-car KISS vehicles for local transport. The deployment of the new trains is planned in stages from mid-2026.
The KISS double-deck multiple units ordered as part of the first call-off in April 2022 will go into assembly on schedule and are scheduled for service in the eastern region as of 2026. For Stadler, it is a great vote of confidence and proof of the good cooperation that OBB is already calling off such a high number of further trains in this project phase.
Maximum capacity for tomorrow’s rail transport
Since 2010, the KISS has been successfully operating as a local or long-distance train with a high passenger capacity from Western Europe to the Caspian Sea – and soon also in the USA. Since the first delivery, 620 double-deck trains have been sold in 14 countries. Under a wide range of climatic conditions, in climates from Silicon Valley to Azerbaijan, from suburban trains to long-distance transport, the KISS cover hundreds of thousands of kilometers every day. Hardly any other double-decker vehicle concept demonstrates such flexibility.
Rolls-Royce (RR.L) will provide 70 of its mtu Series 4000 engines, produced in Yulin by MTU Yuchai Power, the Chinese Joint Venture with Yuchai Diesel, for use in generator sets that will be packaged and distributed by emergency power systems provider Hefei Calsion Electric System Co., Ltd. The gensets will be installed at multiple semiconductor manufacturing locations in China to ensure that chip production is not affected by power failures.
The rapid expansion of information technology applications such as artificial intelligence, cloud computing, big data and Internet of Things (IoT), has resulted in growing market demand for semiconductor products. In recent years, Chinese semiconductor enterprises have experienced a significant growth period due to the acceleration of domestic insourcing and the upgrade of industrial technologies.
The guarantee of continuous power supply is critical for semiconductor factories, as the manufacturing process is very sensitive. The products on the production line are at risk of being scrapped after even a few minutes of power disruption. The mtu engine-powered generator sets installed by Calsion will provide uninterrupted switching between diesel engines and grid power to deliver continuous loading capacity under high load conditions, helping to ensure the stable operation of production lines and special process systems such as safety, clean room, and cooling and pure water systems.
As the leader of semiconductor power system solutions, Hefei Calsion Electric System Co., Ltd. specializes in the R&D, manufacturing, marketing and services of generator sets, and has R&D centers, modern production bases and first-class test systems. Its original semiconductor power system solution has won a market share of more than 70% of the domestic semiconductor industry emergency power system solution-based projects in China. It is a strategic partner and designated OEM manufacturer of Rolls-Royce in China, as the two parties have maintained close cooperation for 18 years.
In October of 2021, Stadler was awarded the contract for 286 single-deck multiple units. The Federal Administrative Court confirms the award of the contract to Stadler, and has dismissed Alstom’s appeal.
Together with its subsidiaries Thurbo and RegionAlps, SBB is procuring 286 single-deck multiple-unit trains for regional transport. Stadler was awarded the contract for this order. The unsuccessful bidder, Alstom, appealed against this decision to the Federal Administrative Court. The court has now dismissed the appeal. This court decision confirms that SBB complied with the requirements of procurement law and the equal treatment of bidders during the tendering procedure. After signing the contract, Stadler can start building the 286 multiple units for regional transport.
The legal proceedings initiated by Alstom have an impact on the delivery of the vehicles. The first trains will now not enter service until 2026 instead of December 2025 as originally planned. The new trains will gradually replace the following rolling stock until 2034:
at SBB: Domino, Flirt (first generation)
at Thurbo: articulated railcars
at RegionAlps: Domino and Nina
The newly procured vehicles will help all three railway companies to implement their planned improvements to services as well as the service expansion projects planned by the Confederation and the Cantons.
Alstom and S-Bahn Hamburg GmbH have signed a contract for the delivery of an additional 64 Class 490 S-Bahn trains. The order is an option from a framework contract signed in 2013 and is valued at around 500 million euro.
As with the previous trains, passengers will enjoy the proven amenities of these three-car electric multiple units, but with the addition of some new improvements to better meet the needs of Hamburg’s passengers. For example, the new S-Bahn train’s middle cars will feature a multipurpose area with room for bicycles, luggage, and dedicated spaces to accommodate passengers with limited mobility.
However, the train’s most significant innovation will be invisible to passengers. For the first time in Germany, S-Bahn trains will be equipped with the European Train Control System (ETCS) Baseline 3 Release 2 and automated train operation (ATO) technology. Together, these technologies will ensure denser and more frequent service and enable Hamburg to provide more fluid transport while increasing the overall number of train journeys. In addition, the flexibility of Hamburg’s new S-Bahn trains means that they will couple with the 82 Class 490 S-Bahn trains already in service.
Photo of main Hamberg train station from author’s visit in 2016.
This order marks Germany’s first implementation of ATO in automation level 2 (GoA 2) for new S-Bahn vehicles. In addition, S-Bahn Hamburg GmbH will receive vehicles that already comply with the latest state-of-the-art signalling technology. The trains will be delivered with Alstom’s intelligent onboard technology for ETCS, with integrated ATO software that meets the high demands of future digital rail operations in terms of performance, availability, and automation.
Initially, Alstom will manufacture three vehicles that will undergo extensive testing and inspection, in particular for approval of their ETCS and ATO functionalities. Vehicle deliveries to Hamburg are scheduled for 2025 and 2026.
Among others, Alstom’s sites in Hennigsdorf, Bautzen (production), Berlin (signalling), Braunschweig, Siegen and Mannheim, Germany, will be involved in the production of the new S-Bahn trains. This is in addition to sites in Charleroi, Belgium (ETCS), Wroclaw, Poland, Västeras, Sweden and Vadodara, India, which will also participate in production.
In Germany, Alstom offers innovative solutions for sustainable mobility and is one of the leading suppliers of railway technology with metros, suburban trains, trams, regional trains, locomotives and signalling solutions. Our trains travel from Schleswig-Holstein to Bavaria. More than 70% of high-speed trains running in Germany are equipped with Alstom’s ETCS signalling solutions. In Lower Saxony, Alstom is building the world’s first fuel cell-powered, completely emission-free Cordia iLint regional train in series production. Alstom is Germany’s only manufacturer of infrastructure, signalling and digital mobility solutions to provide maintenance, service and modernisation of all mass transit trains for all manufacturers’ series, as well as information systems.
€910 million framework agreement: 150regional trains + maintenance
Coradia Stream: State-of-the-art electric multiple unit
ERTMS onboard: the highest European safety standard
Alstom has been awarded a framework contract to supply Trenitalia with 150 Coradia Stream regional trains for a total value of around €910 million.
The trains will have a maximum speed of 160 km/h and will be equipped with state-of-the-art onboard equipment that ensures the highest levels of safety and first-rate passenger experience.
Évora, Portugal, April 6, 2021 – The Embraer (NYSE: ERJ) FLEXCRAFT, a modular and remotely piloted aircraft concept, which allows quick reconfiguration of the cabin for multiple missions, won the International Design Awards (IDA) in the Transport Design category.
With the ability to land and take off on short lanes and use alternative energy sources, the concept seeks to foster ideas for transforming the future of air mobility, combining the human, technological, social and economic perspectives in a sustainable manner. IDA highlighted the passenger experience through the flexibility of fuselage design and new technologies.
The futuristic project was the result of a Portuguese consortium led by Sociedade de Engenharia e Transformação, SA (SET.SA) that brought together Embraer Portugal, Instituto Superior Técnico (IST), Almadesign, Instituto de Ciência e Inovação em Engenharia Mecânica e Engenharia Industrial (INEGI), plus the support from Embraer SA (Brazil). The initiative was funded by the Portugal 2020 program, under the Operational Program Competitiveness and Internationalization through the European Regional Development Fund.
The scientific research aimed to raise the critical technologies of this concept in an integrated way, such as configuration, flexibility solutions and production and material processes. Through the FLEXCRAFT project, it was possible to evaluate the development of new production processes, eco-efficient technologies, and the integration of new materials, among other research fronts.
Dallas, Texas March 4, 2021 – Lockheed Martin (NYSE: LMT) successfully tested its next-generation Extended-Range Guided Multiple Launch Rocket System (ER GMLRS) munition in an 80-kilometer flight demonstration at White Sands Missile Range, New Mexico. During the flight test, the ER GMLRS round was fired from the U.S. Army’s High Mobility Artillery Rocket System (HIMARS®) launcher, built by Lockheed Martin, meeting test objectives. The demonstration confirmed the missile’s flight trajectory performance, range and validated interfaces with the HIMARS launcher and system software performance.
Lockheed Martin has produced more than 50,000 GMLRS rounds and is under contract to produce more than 9,000 new GMLRS unitary and alternative-warhead rockets, more than 1,800 low-cost reduced-range practice rockets and integrated logistics support for the U.S. Army and international customers. The systems are produced at its Precision Fires Center of Excellence in Camden, Arkansas.
For more than 40 years, Lockheed Martin has been the leading designer and manufacturer of long-range, surface-to-surface precision strike solutions, providing highly reliable, combat-proven systems like MLRS, HIMARS, ATACMS and GMLRS to domestic and international customers.
Boeing [NYSE: BA] and Ryanair announced today that Europe’s largest airline is placing a firm order for 75 additional 737 MAX airplanes, increasing its order book to 210 jets. Ryanair again selected the 737 8-200, a higher-capacity version of the 737-8, citing the airplane’s additional seats and improved fuel efficiency and environmental performance.
“Ryanair’s board and people are confident that our customers will love these new aircraft. Passengers will enjoy the new interiors, more generous leg room, lower fuel consumption and quieter noise performance. And, most of all, our customers will love the lower fares, which these aircraft will enable Ryanair to offer starting in 2021 and for the next decade, as Ryanair leads the recovery of Europe’s aviation and tourism industries,” said Ryanair Group CEO Michael O’Leary.
O’Leary and Ryanair leaders joined the Boeing team for a signing ceremony in Washington, D.C. Both companies acknowledged COVID-19’s impacts on air traffic in the near-term, but expressed confidence in the resilience and strength of the passenger demand over the long term.
“As soon as the COVID-19 virus recedes – and it likely will in 2021 with the rollout of multiple effective vaccines – Ryanair and our partner airports across Europe will – with these environmentally efficient aircraft – rapidly restore flights and schedules, recover lost traffic and help the nations of Europe recover their tourism industries, and get young people back to work across the cities, beaches and ski resorts of the European Union,” O’Leary said.
Ryanair is the launch customer for the high-capacity 737-8 variant, having placed its first order for 100 airplanes and 100 options in late 2014, followed by firm orders of 10 airplanes in 2017 and 25 in 2018. The 737 8-200 will enable Ryanair to configure its aircraft with 197 seats, increasing revenue potential, and reduce fuel consumption by 16 percent compared to the airline’s previous airplanes.
