Business/Financial
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Business/FinancialAerospace Industry Sales May Top $200 Billion This Year, Douglass Says
Aerospace industry sales may top $200 billion this year, according to John Douglass, the outgoing Aerospace Industries Association president and CEO. That would be a roughly 9 percent advance from […]
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Business/Financial
Rapidly Changing Environment Needs Streamlined Contracting, Raytheon Exec Says
By Ann Roosevelt The United States should keep an eye on acquisition developments around the world, but streamlining the process at home would help in a rapidly changing environment, according […]
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Business/Financial
Navy’s ERP Effort: Transforming Business Practices
By Geoff Fein Earlier this month the Navy transitioned to its new enterprise resources planning (ERP) system that will provide a standard set of management tools to service organizations to […]
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Business/Financial
Business Jets, Combat Vehicles Lift GD To Strong Third Quarter
By Calvin Biesecker General Dynamics [GD] yesterday posted strong third quarter financial results due to surging sales and earnings at its Aerospace and Combat Systems segments and the company upped […]
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Business/Financial
Northrop Grumman Posts Strong Third Quarter Earnings
By Calvin Biesecker Northrop Grumman [NOC] joined in the defense earnings hit parade yesterday, logging a hefty increase in net income helped by higher sales, improved margins, reduced corporate expenses […]
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Business/Financial
RAFAEL Changes Name, Business Structure
TEL AVIV, Israel—Rafael Advanced Defense Systems is the new name for the Israeli company formerly known as RAFAEL Armament Development Authority, which has been undergoing an extensive assessment and overhaul […]
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Business/Financial
UTC Posts Strong Third Quarter Results
By Calvin Biesecker Led by operating profit gains in five of its six segments, United Technologies [UTX] yesterday reported strong third quarter earnings and sales and the company increased its […]
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Business/Financial
Marco Pistoni Named Business Management Director For MEADS
Marco Pistoni has been named Business Management Director for MEADS International (MI) and the Medium Extended Air Defense System (MEADS) program. The multinational joint venture MI made the announcement Oct. […]
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Business/Financial
Raytheon Sees IDIQ As Major Business Growth Area, Executive Says
By Ann Roosevelt Raytheon [RTN] sees major growth in a relatively new business area for them–the world of Indefinite Delivery/Indefinite Quantity (IDIQ) acquisition, according to a company executive. Since starting […]
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ArmySimulations Vital For Soldier Training, General Says
By Ann Roosevelt The Army is using simulations to take advantage of the fact that today’s recruits are Internet savvy and multi-task oriented, according to the service’s top recruiter. "Absolutely […]