Business/Financial
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Business/FinancialOverseas Firm Buying U.S. Defense Company, But Canada Nixes U.S. Contractor Buying Part Of A Canadian Defense-Related Outfit
An overseas defense contractor announced it will buy outright a U.S. defense-related company, even as a friendly nation vetoed a plan for just a portion of one of its defense- […]
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Business/Financial
Hamas Missile Attack Hits Israel During Bush Visit; Meanwhile, House Panel Cuts U.S. Missile Defense
Franks Sees Chance To Reverse House Funding Cuts In Missile Defense Programs, Including One That Could Protect Israel From Iranian Missile Attack Congressman Notes Israel Predicts Iran May Have Nuclear […]
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Business/Financial
Budget Woes Could Affect Constellation Program: Half-Year Freeze At Old Funding Levels Manageable, But Full-Year Continuing Resolution Would Be Tough
The Constellation Program now developing the next-generation Orion space capsule and Ares rocket has enough financial cushioning that it probably could finesse a congressional decision to freeze program funding at […]
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Business/Financial
Contracts
Lockheed Martin Wins $1.463 Billion Air Force GPS III Contract The Air Force as expected gave Lockheed Martin Corp. [LMT] the coveted GPS III next-generation military-civilian navigation-satellites contract, the Department […]
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Business/Financial
Even As U.S. Economy Slows, Weakens, Aerospace Industry Employment Rises By 0.9 Percent From Yearend 2007
But Huge Number Of Aging Workers Poised For Retirement; Engineers, Scientists, Mathematicians Needed Even as the U.S. economy slows, with some economists saying it is in a recession, employment in […]
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Business/Financial
Advanced Tactical Laser Fires High-Energy Laser Installed On C-130H
The Boeing Co. [BA] fired an Advanced Tactical Laser (ATL) weapon — a high-energy chemical laser installed aboard a C-130H aircraft — in ground tests for the first time, the […]
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Business/Financial
Defense Spending To Plunge If Either McCain Or Obama Becomes President, Analyst Says
Defense spending will plummet if either Sen. John McCain of Arizona, the presumptive Republican presidential nominee, or Sen. Barak Obama of Illinois, who seeks the Democratic presidential nomination, enters the […]
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Business/Financial
Boeing Bolsters Alabama Economy By $700 Million Yearly, Company States
The Boeing Co. [BA] through its Ground-based Midcourse Defense (GMD) program contributed more than $700 million to Alabama’s economy last year and supported nearly 5,600 direct and indirect jobs, according […]
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Business/Financial
Carlyle Acquiring Majority Stake In Booz Allen’s Government Business
By Calvin Biesecker Booz Allen Hamilton (BAH) on Friday said it plans to separate its United States government and global commercial consulting businesses and will sell a majority stake in […]
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Business/Financial
GD Acquires Small Electronic Components Firm
General Dynamics [GD] in February acquired a small developer and supplier of broadband power amplifiers used in tactical communications systems for $65 million in cash, the company disclosed earlier this […]