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Honda Marine Appoints Joshua Matthews as Division Director
Globenewswire· 2026-02-10 18:00
Core Viewpoint - Honda Marine has appointed Joshua Matthews as the new Division Director, succeeding Daniel Sherlock, who has retired after a 20-year career at American Honda Motor Co., Inc. [1][7] Group 1: Leadership Transition - Joshua Matthews will lead the development of integrated strategies, business planning, and operational execution for Honda Marine, focusing on strengthening relationships with dealers, sales channels, and customers to drive sustainable growth [3][4] - Daniel Sherlock is recognized for his leadership and dedication during his tenure, and the company expresses gratitude for his contributions [4] Group 2: Company Overview - Honda Marine is a division of Honda Power Sports & Products, specializing in a complete range of marine outboard motors powered exclusively by four-stroke engines, which have been designed and built since 1964 [2][5] - The company has set benchmarks for innovation, fuel efficiency, quiet operation, and performance in the marine outboard motor industry [2][5] Group 3: Product and Compliance - Honda Marine's product line includes models ranging from 2.3 to 350 horsepower, all meeting the California Air Resources Board (CARB) 3-star standards, ensuring regulatory compliance across all 50 states [5]
GE Aerospace (GE) Jumps 4% on Buy Reco, 29% Upside Potential
Yahoo Finance· 2025-12-13 12:14
Core Insights - GE Aerospace has shown strong performance, with a 3.95% increase in stock price, closing at $299.81, driven by positive investor sentiment following Citigroup's bullish coverage [1][2][3] - Citigroup has issued a "buy" recommendation for GE Aerospace, setting a price target of $386, indicating a potential upside of 28.75% from the current price [2] - The investment firm expresses confidence in GE Aerospace's potential to become a trillion-dollar company within five years, citing various megatrends and opportunities in commercial aerospace, defense, shipbuilding, and space sectors [3] Business Developments - GE Aerospace's Marine Engines & Systems unit has secured eight orders for LM2500 marine gas turbine engines for two US Navy destroyers, USS Intrepid and USS Robert Kerrey [4] - The LM2500 engine has been a long-standing choice for the US Navy's destroyer fleet, and GE Aerospace is committed to increasing production capacity to meet the Navy's expanding requirements while ensuring quality and reliability [5]
Motorsports Icon Travis Pastrana Joins Forces with Mercury Racing to Push Marine Performance to the Limit
Globenewswire· 2025-08-15 12:53
Core Insights - Mercury Racing has formed a partnership with motorsports icon Travis Pastrana, emphasizing innovation and performance in marine engineering [1][3] - Pastrana tested Mercury Racing's latest outboard models, the 300 R and 300 ROS, showcasing their capabilities by exceeding 100 mph [2][4] Group 1: Partnership Details - The collaboration between Mercury Racing and Travis Pastrana highlights a shared commitment to pushing performance limits in both marine and motorsport arenas [3] - Pastrana's experience as a champion in various racing disciplines aligns with Mercury Racing's reputation for high-performance marine engines [3] Group 2: Product Features - The 300 R model features a 15-inch HD Conventional MidSection (HDCMS), while the 300 ROS is designed for competitive offshore racing [2][4] - Both models are engineered for elite racers and performance enthusiasts, offering unmatched V8 outboard power and advanced handling [4]