Business/Financial

The first two Australian Defence Force MRH-90 Multi Role helicopters (MRH) this week were accepted into service, Hon. Greg Combet MP, Parliamentary Secretary for Defence Procurement, said. Acquired under Project […]

Boeing [BA] and India’s Hindustan Aeronautics Limited (HAL) announced Dec. 20 signing a 10-year Memorandum of Understanding (MoU) intended to bring more than $1 billion of new aerospace manufacturing work […]

Boeing [BA] and India’s Hindustan Aeronautics Limited (HAL) announced Dec. 20 signing a 10-year Memorandum of Understanding (MOU) intended to bring more than $1 billion of new aerospace manufacturing work […]

Northrop Grumman [NOC] has submitted a proposal with L-3 Communications [LLL] for the U.S. Navy’s EPX aircraft program that will provide a transformational, multi-intelligence capability delivering strike targeting information to […]

The Domestic Nuclear Detection Office (DNDO) has awarded Raytheon [RTN] a $2.9 million, six-month contract to begin developing a Stand-Off Radiation Detection System (SORDS), marking the second award for the […]

By Geoff Fein The investigation into welding issues at Northrop Grumman‘s [NOC] Newport News (NGNN) shipyard that initially led to the tying up of the first three Virginia-class submarines earlier […]

Boeing [BA] formed a new Intelligence and Security Systems (I&SS) division to provide ground-based and other integrated intelligence and security solutions for U.S. government customers, the company said yesterday. Retired […]

By Jen DiMascio The final version of the spending bill expected to be passed yesterday by the House of Representatives included $70 billion in funding for the war–about $6 billion […]

BAE SYSTEMS yesterday said it has agreed to sell its Pennsylvania-based Surveillance and Attack business to Cobham plc, for $240 million in cash as it de- emphasizes its role as […]

By Geoff Fein The Navy’s all-weather, airborne early warning battle management aircraft, the E-2D Advanced Hawkeye, flew its first mission system flight, with its radar operating, earlier this month, and […]