Aerospace Group:

Business/Financial

Boeing Hires Tata Industries To Do $500 Million Defense Aerospace Work In India

DDN

Monday, February 18th, 2008

SHARE:

The Boeing Co. [BA] will have Tata Industries Ltd of India produce an initial $500 million worth of defense-related aerospace goods in India for Boeing and its international customers, the Chicago-based company announced. Under the Boeing-Tata memorandum of agreement, it is contemplated that the joint-venture company will be established by June, and shortly thereafter will begin work building Boeing aerospace components. Jim Albaugh, president and CEO of Boeing Integrated Defense Systems, said the deal will "bring real and lasting value…

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 […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]