Business/Financial
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Air ForceSoutheastern States Form Aerospace Alliance, Target Tanker Program
Government officials from Alabama, Florida, Louisiana and Mississippi yesterday said they have created a multi-state alliance aimed at promoting the Gulf Coast region as a "world class aerospace, space and […]
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Business/FinancialLockheed Martin Team Wraps Up Comms At Speed And Depth PDR
A Lockheed Martin [LMT]-led industry team completed a successful Preliminary Design Review (PDR) for the Navy’s Communications at Speed and Depth (CSD) program that will deliver real-time, two-way communications to […]
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Business/Financial
Raytheon Delivers Strong Third Quarter, Boosts Earnings Guidance
By Calvin Biesecker Raytheon [RTN] yesterday reported strong third quarter financial results as higher sales and improved operating margins, combined with lowered pension expense led to increased earnings. Net income […]
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ArmyNew Infantry Equipment Successfully Completes Critical Design Review
By Ann Roosevelt Boeing [BA] yesterday announced the successful completion of the Critical Design Review (CDR) of Early-Infantry Brigade Combat Team (E-IBCT) capabilities, another key milestone in Army modernization efforts. […]
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Business/Financial
Boeing Completes Netherlands AH-64D Industrial Cooperation Program
Boeing [BA] yesterday said it has successfully completed its industrial cooperation program for the AH-64D Apache Armed Helicopter Program for the Netherlands. This achievement, reached one year ahead of schedule […]
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Business/Financial
New Helo Control Officer Simulator Refines How Sailors Learn Take-Off Operations
By Geoff Fein Until earlier this year, many junior sailors trained for conducting shipboard helicopter takeoffs using archaic tools–including wooden models to simulate aircraft. But an urgent request from Helicopter […]
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Business/Financial
FLIR Adds To IR Capabilities With Acquisition of OmniTech
By Calvin Biesecker FLIR Systems [FLIR] yesterday said it has acquired OmniTech Partners, Inc., for $42 million in cash, giving it image intensification capabilities (I2) for use with thermal weapons […]
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Business/Financial
Boeing Swings To Loss On Commercial Plane Charges
By Calvin Biesecker Boeing [BA] yesterday reported a $1.6 billion net loss in the third quarter due to previously disclosed charges on two commercial aircraft programs including the 787 Dreamliner, […]
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Business/Financial
Higher Expenses Lower Northrop Grumman’s Earnings Despite Sales Increase
By Calvin Biesecker Northrop Grumman [NOC] yesterday said that third quarter earnings fell due to higher pension and other expenses although overall segment operating results were solid. Net income declined […]
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Business/Financial
General Dynamics’ Independence Completes Builder’s Trials
By Geoff Fein General Dynamics [GD] wrapped up builder’s trials of its variant of the Littoral Combat Ship (LCS) earlier this week, putting the vessel through dozens of tests in […]