Business/Financial
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Business/FinancialAerospace Companies Open New Research Lab In Netherlands
A new laboratory that provides thermoplastic composites research for Boeing [ BA] and other aerospace companies has opened at Enschede in the Netherlands. “With this opening, the Thermoplastics Composites Research […]
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Business/Financial
Graham To Industry: Issue Layoff Warnings To Help Stop Cuts
A senator trying to stop $500 billion in defense cuts from starting next January is calling on industry and the Pentagon to tell employees their jobs are in jeopardy, in […]
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Business/Financial
Ed Timmes Joins General Dynamics Advanced Information Systems
General Dynamics [GD] Advanced Information Systems yesterday said Edward Timmes has joined the company as vice president of its Intelligence Systems business in its Cyber Systems division. Timmes will lead […]
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Business/Financial
SAIC Protests DISA Global Information Grid Contract Award To Lockheed Martin
SAIC [SAI] said yesterday that it is protesting the Defense Department awarding a $4.6 billion Global Information Grid (GIG) contract to Lockheed Martin [LMT]. SAIC spokeswoman Melissa Koskovich said in […]
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Business/Financial
Tentative Deal Reached On F-35 Labor Dispute
Lockheed Martin [LMT] and a machinists union representing striking workers at the company’s F-35 plant in Fort Worth, Texas have reached a tentative agreement that could end the two-month long […]
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Business/Financial
Boeing Declares Regular Quarterly Dividend
Boeing [BA]’s Board of Directors yesterday declared a regular quarterly dividend of $.44 per share, according to Chairman, President and CEO Jim McNerney. The dividend is payable Sept. 7 to […]
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Business/Financial
Scan Eagle To Use Detection Capability For Australian Agricultural Department
Boeing’s [BA] Insitu Pacific, the Australian Insitu subsidiary, yesterday said it would use its ScanEagle unmanned aircraft system (UAS) on behalf of the Queensland Government for the Department of Agriculture, […]
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Business/Financial
DSCA Working To Help Industry Be More Competitive In Tough Budget Environment
The Defense Security Cooperation Agency (DSCA) is working to help the defense industry be more competitive in a tough fiscal environment. “We have some specific initiatives that we’re focusing just […]
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Business/Financial
Lambert: Defense Cuts Causing Small Business To Leave Industrial Base
The Defense Department is seeing small businesses leave the industrial base because of defense spending cuts, according to a top official. “We do see some evidence, in some particular elements […]
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Business/Financial
Lockheed Martin, Machinists Resume Talks
Lockheed Martin [LMT], union representatives and federal mediators began discussions yesterday in an attempt to resolve a nearly two-month old strike by machinists at the company’s fighter jet making facility […]