Business/Financial
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Air Force
Vought Signs $400 Million Contract For V-22 Tail Parts
Vought Aircraft Industries Inc. recently signed a $400 million contract with the Bell Helicopter Textron [TXT] to manufacture tail parts including the empennage, ramp and ramp door, for the V-22 […]
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Business/Financial
Boeing Starts Final Assembly of First P-8A Poseidon Test Aircraft
By Geoff Fein Boeing [BA] last week began final assembly of the first P-8A Poseidon to provide increased capability in long-range anti-submarine warfare, anti- surface warfare, intelligence, surveillance and reconnaissance […]
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Business/Financial
Honeywell To Acquire Maker Of Safety, Personal Protective Gear
Honeywell [HON] on Friday said it has agreed to acquire Norcross Safety Products, LLC, a provider personal protective equipment for the fire service, utility and general industrial markets, for $1.2 […]
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Business/Financial
Authorities Accuse EADS Executives Of Insider Trading
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 […]
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Business/Financial
Launches
Last GPS IIR Satellite Complete, Ready For Cape Canaveral June Launch The final Global Position System Block IIR satellite is complete and ready for shipment to Cape Canaveral Air Force […]
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Business/Financial
Contracts
Northrop Partners In Contracts For Concepts Of Next Space Telescope Northrop Grumman Corp. [NOC] is involved in five contracts that NASA awarded to investigate concepts for next-generation space telescopes. Those […]
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Business/Financial
New Technologies Will Make DDG-1000 Tough To Find, Tough To Fight
By Geoff Fein While much of the focus on DDG-1000 has been on the program’s cost, not to be overlooked are the number of new systems and technologies that will […]
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Business/Financial
Navy To Seek Industry Input In Maturing Technology For Carrier Drone Program
By Emelie Rutherford The Navy plans to reach out to industry this year for ideas on tackling the technology-maturation segment of its effort to develop unmanned strike aircraft that operate […]
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Business/Financial
Third VH-71 Helicopter Preps For Final Assembly And Mission Systems Integration
Test Vehicle 3 (TV-3), the third VH-71 helicopter built for the presidential helicopter program, is undergoing final assembly and mission systems integration to enable the helicopter to be used as […]
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Business/Financial
USSOCOM Plans Industry Conference Next Month
By Ann Roosevelt U.S. Special Operations Command (SOCOM) is planning a Special Operations Forces (SOF) industry conference next month in Tampa, Fla. The Greater Tampa Bay Chamber of Commerce is […]