Business/Financial
-
Business/FinancialEmbraer Initiates Court Proceedings After Boeing Withdraws From Joint Ventures
Brazilian commercial and military aircraft manufacturer Embraer [ERJ] on Monday said it has “commenced arbitration proceedings” following Boeing’s [BA] announcement last Saturday that it has terminated an agreement with Embraer […]
-
Business/FinancialNRO Deputy: ‘There’s a Big Issue’ With FCC’s Ligado Decision
As Defense Department officials and lawmakers have loudly protested the FCC’s recent decision to approve a new commercial L-Band network for 5G, the top military official at the National Reconnaissance […]
-
Business/FinancialGermany Could Buy American for NATO Nuke Mission; Possible Boon for Boeing
Germany’s Federal Ministry for Defence wants the country to buy American for the future of the country’s nuclear-sharing mission with the U.S., urging the legislature to approve the purchase of […]
-
Air ForceSpace Acquisition Leaders Discussing Ways to Support Industry During COVID-19
The Defense Department’s space acquisition leaders are convening to establish ways to keep its defense industrial base in business during the COVID-19 pandemic. Members of the Space Acquisition Council are […]
Tagged in: -
Business/FinancialLockheed Martin Maintaining Close Oversight Of Supply Chain Amid Pandemic
Supplier challenges stemming from the ongoing COVID-19 pandemic have already hit Lockheed Martin’s [LMT] Aeronautics segment, particularly with regard to the F-35 fighter program, and the company is closely monitoring […]
-
Business/FinancialLockheed Martin Opens With Solid First Quarter; Trims Sales Guidance But Says Virus Impact Uncertain
Lockheed Martin [LMT] on Tuesday reported solid first quarter financial results with strong sales, flat earnings, and strong cash flow, results it said were not impacted by the COVID-19 pandemic. […]
-
Business/Financial
FCC Approves Ligado’s L-Band Network Plan
TheFCC unanimously approved Ligado’s application to deploy a low-power terrestrial nationwide network in the L-band to support 5G and Internet of Things services (IoT). The Commission’s announcement came on Monday, […]
-
Business/FinancialAMERGINT To Acquire Space-Based Optics Business Of Raytheon Technologies
AMERGINT Technologies on Monday said it has agreed to acquire the space-based optics business of Raytheon Technologies [RTX], adding a new line of capabilities for the company. Terms of the […]
-
PentagonDoD Expecting Three-Month Delays for Major Acquisition Programs
The Pentagon is anticipating that many of its major defense acquisition programs (MDAPs) will be delayed by about three months due to facility closures, supply chain issues and other impacts […]
Tagged in: -
Business/FinancialBoeing Resumes Operations In Philadelphia
Boeing [BA] on Monday resumed operations at its Philadelphia-area aircraft manufacturing facilities after instituting a number of measures aimed at protecting employees as they go back to work following a […]
Tagged in: