Saturday, November 27, 2021

Business News

Boeing risks Air Force penalties on aerial tanker’s delay

Boeing's delay in delivering aerial refueling tankers to the Air Force may bring the company financial penalties or negative ratings that could affect future contracts, according to a service document. The Air Force office that's overseeing the company's $4.8 billion...

US Air Force Awards Northrop Grumman GPS III Space Vehicle Alternatives Program Study Contract

EDONDO BEACH, Calif., - The United States Air Force has awarded Northrop Grumman Corporation (NYSE:NOC) a 26-month study contract based on the company's innovative proposal for the next-generation Global Positioning System (GPS) III program. This award follows the Air...

PharmAthene Reports First Quarter 2016 Financial and Operational Results

ANNAPOLIS, Md., May 9, 2016 - PharmAthene, Inc. (NYSE MKT: PIP), a biodefense company developing medical countermeasures against anthrax, today reported its financial and operational results for the first quarter of 2016. For the three months ended March 31, 2016,...

India Rejects US Offer Of Lockheed Martin F-16 Jets

As the United States is heading towards a momentous Presidential Election, India has decided not to purchase F-16 fighter aircraft from America. Indian Defense Minister Manohar Parrikar recently said that New Delhi rejected the US offer due to certain reasons. According...

Boeing Faces Increased Opposition on Weapons Sales to Israel

For the fourth year in a row, anti-war activists protested outside the annual Boeing shareholders meeting in Chicago yesterday. For the first time this year, Boeing shareholders who oppose weapons sales to Israel have presented a resolution calling for...

US Republicans push Boeing to scrap any Iran deal

Three US Republican lawmakers are pushing the American aerospace giant, Boeing, to refrain from getting into any deal with Iran. In a letter to Boeing CEO Dennis Muilenburg, the Illinois Republican congressmen asked the company no to business with Tehran...

Abu Dhabi Aviation’s Bell Helicopter Fleet Reaches 1 million Hours of Operation

Abu Dhabi, United Arab Emirates (April 18, 2016) – Bell Helicopter, a Textron Inc. (NYSE: TXT) company, and Abu Dhabi Aviation, are proud to announce reaching 1 million hours of successfully operating of their Bell Helicopter Fleet. “We have been...

Lockheed Martin Announces First Quarter 2016 Earnings Results Conference Call

Bethesda, Md., Apr. 19, 2016 – Lockheed Martin (NYSE: LMT) will webcast live its first quarter 2016 earnings results conference call on Tuesday, Apr. 26, at 11 a.m. EDT. Marillyn Hewson, chairman, president and chief executive officer; Bruce Tanner,...
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Latest News

IAI Signs Agreement of Cooperation on UAVs With Romanian Defense Company

Israel Aerospace Industries (IAI) has signed an agreement of cooperation with Romanian defense company IAR-Brasov on UAVs. The cooperation agreement,...
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