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Tag: Nasdaq:BLRX

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SPA, Sparton Corporation

** SPA reported that it has been awarded a contract by Australia to manufacture the AN/SSQ-62E and AN/SSQ-53F sonobuoys. The award is valued at approximately $7.6 million and will be manufactured at SPA's De Leon Springs, FL facility for a May 2012 delivery.

BLRX, BioLineRx Ltd.

** BLRX reported that it has signed a worldwide, exclusive license agreement with Genoscience, a French company focused on viral disease therapeutics, to develop and commercialize BL-8020, an orally available treatment for Hepatitis C.

CMI, Cummins Inc.

** Tom Linebarger, President and Chief Operating Officer of CMI, said that 2011 will be another record year for the company in terms of profitability.

CMI's leaders set a target of achieving $30 billion in sales, with Earnings Before Interest and Taxes (EBIT) of 18 percent of sales in 2015.

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