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Lockheed Martin realigns Electronic Systems unit

WASHINGTON - Lockheed Martin Corp. announced Monday a reorganization of its Electronic Systems business, including appointing a new head of the division, which makes the Aegis ballistic missile and the Pac-3 surface-to-air guided missile. ...

From DONNA BORAK, Atlanta Journal Constitution Vendor,  16 Nov 2009

Related Topics: Lockheed Martin,  White House,  William Graham (politician)

Boeing backers press Obama on $35B tanker contract

the Airbus A330. Boeing may offer its 767-based tanker, a larger 777-based tanker, or both. Force's decision to omit risk when evaluating certain factors, like whether bidders can stay on schedule or keep price promises. WASHINGTON - A bipartisan ...

From DONNA BORAK, Daily Breeze,  2 Nov 2009

Related Topics: Boeing,  Airbus,  Barack Obama,  World Trade Organization,  Northrop Grumman Corp

Northrop: plan for $35B tanker deal favors Boeing

WASHINGTON - Northrop Grumman Corp. says a disputed $35 billion Air Force contract competition prioritizes cheaper tankers over vital needs like refueling planes in flight, which could end up favoring rival Boeing Co. ...

From DONNA BORAK, Atlanta Journal Constitution Vendor,  28 Oct 2009

Related Topics: Boeing,  Northrop Grumman Corp,  The Pentagon,  Airbus,  Richard Shelby

General Dynamics 3Q profit falls on low jet demand

General Dynamics Corp. said Wednesday its third-quarter earnings sank nearly 10 percent hurt by weak demand for business jets, but sales in all of its defense-related segments experienced sales gains, leading the military contractor to boost its profit ...

From DONNA BORAK, AirportBusiness.com,  28 Oct 2009

Related Topics: General Dynamics,  Thomson Reuters,  The Pentagon

General Dynamics 3rd-quarter profit falls

WASHINGTON — General Dynamics says third-quarter earnings sank nearly 10 percent hurt by weak demand for business jets, but sales in its defense-related segments grew allowing the military contractor to boost its profit outlook for the year. General ...

From DONNA BORAK, Newsvine,  28 Oct 2009

Related Topics: General Dynamics,  Thomson Reuters

Lawmakers raising concerns over $35B tanker competition

Dicks thinks that shows a bias for rival Northrop's offering, according to his letter to Shay Assad, director of defense procurement, on Tuesday. Lawmakers are raising concerns over the competition for the $35B tanker plane contract between Boeing ...

From DONNA BORAK, Daily Breeze,  27 Oct 2009

Related Topics: Boeing,  Northrop Grumman Corp,  The Pentagon,  Airbus,  Richard Shelby

Lawmakers criticize bid for $35B tanker contract

WASHINGTON - Lawmakers from Washington to Alabama are raising serious concerns over a troubled $35 billion tanker competition between rivals Boeing Co. ...

From DONNA BORAK, Atlanta Journal Constitution Vendor,  27 Oct 2009

Related Topics: Northrop Grumman Corp,  Boeing,  The Pentagon,  Airbus,  Richard Shelby

Raytheon posts 3Q profit rise on missile demand

WASHINGTON - Raytheon Co. said Thursday that profit rose in the third quarter on increased demand for the defense contractor's Patriot missile by foreign governments worried about potential threats from other nations, and for its soldier-training ...

From DONNA BORAK, AZ Central.com,  22 Oct 2009

Related Topics: Raytheon,  Thomson Reuters

Northrop Grumman posts 3Q dip but lifts outlook

Northrop Grumman Corp. said Wednesday earnings for the third quarter were hurt by higher pension costs, but results handily beat analyst estimates, and the maker of military aircraft and defense electronics lifted its profit outlook for the year. ...

From DONNA BORAK, Taiwan News,  21 Oct 2009

Related Topics: Northrop Grumman Corp,  Thomson Reuters

EADS picks Sean O'Keefe as CEO to head US unit

European Aeronautic Defence & Space Co. NV on Tuesday named General Electric Co.'s Sean O'Keefe as chief executive officer of its North American division, effective Nov. 1. O'Keefe is set to replace the current CEO of EADS North America, Ralph ...

From DONNA BORAK, eTaiwan News,  20 Oct 2009

Related Topics: Sean O'Keefe,  General Electric,  Boeing,  Airbus,  Northrop Grumman Corp

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