Business/Financial

By Geoff Fein The Coast Guard yesterday unveiled its new 45-foot Response Boat Medium (RB-M), the eventual replacement for the service’s 25-year-old Utility Boat (UT-B). The Coast Guard has 30 […]

By Ann Roosevelt NATIONAL HARBOR, Md.—By June, Boeing [BA] expects to have signed on to a five-year contract to support the CH-47 Chinook helicopter expected to save the service $500 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]