Aerospace Group:

Business/Financial

Authorities Accuse EADS Executives Of Insider Trading

DDN

Monday, April 7th, 2008

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French securities market authorities have alleged that European Aeronautic Defence and Space Co. executives engaged in insider trading involving stock options, during 2005- 2006. The charges include breach of market information duties and breach of insider trading rules. Allegations surround advance knowledge of troubles with delayed deliveries of the A380 jumbo jet made by Airbus, an EADS subsidiary. "In the first step of what is likely to be a long process, the [French authorities have] considered that the elements gathered…

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]