Monday, 12 May 2008 | Source: Reuters
Finmeccanica, Europe's fourth-largest aerospace and defense company, has approached DRS Technologies, proposing a takeover bid of as much $5.41 billion, sources close to the matter told Reuters.
Monday, 5 May 2008 | Source: Reuters
Iran said on Monday it would not consider any incentives offered by world powers that violated its right to nuclear technology, ruling out a precondition that it suspend uranium enrichment.
Tuesday, 22 Apr 2008 | Source: Reuters
Lockheed Martin said Tuesday quarterly profit rose 6 percent, helped by higher sales of its electronic, information and space systems.
Friday, 7 Mar 2008 | Source: The Associated Press
Boeing is reassessing the schedule for the new 787, the company said, an aircraft that some analysts believe will be further delayed.
Wednesday, 5 Mar 2008 | Source: CNBC.com
Northrop Grumman said its victory over Boeing for a roughly $35 billion Air Force refueling tanker contract will support thousands of US jobs, firing back at opponents of the deal who take exception with Northrop's partnership with France-based aerospace company EADS.
Friday, 29 Feb 2008 | Source: CNBC.com
In a stunning upset decision, the U.S. Air Force on Friday awarded Northrop Grumman and Airbus parent EADS
Wednesday, 19 Dec 2007 | Source: CNBC.com
On Tuesday night, the Pentagon issued a $2.7 billion order for 3,100 more Mine-Resistant Ambush-Protected vehicles, or MRAPs -- designed to protect troops from roadside bombs in Iraq. Herer are the seven manufacturers that will gain from the order.
Friday, 23 Nov 2007 | Source: Reuters
It is up to Airbus, not Germany, to assess what impact the weakness of the dollar against the euro has on the European planemaker's business prospects, the German Economy Ministry said on Friday.
Wednesday, 31 Oct 2007 | Source: Reuters
An oil price "bubble" was not due to any shortage but was fuelled by global political tensions, a leading Iranian oil official told the state broadcaster.
Posts |
TOPIC : Defense
30 Apr 2008
Defense giants Boeing and Northrop Grumman keep going at it over the Air Force tanker deal... Read More
17 Apr 2008
Sure, the Pentagon will always be famous for wasting $640 on a toilet seat, but that doesn't mean it isn't looking to make a buck! Next week the Defense Department will sell off 27 million pounds of old warplanes--some going back before Vietnam--to profit from current scrap metal prices... Read More
14 Apr 2008
Australia may delay some of the Lockheed F-35 Joint Strike Fighters it planned to buy because they cost too much... Read More
11 Apr 2008
The new tanker being put forward by Northrop Grumman and EADS is supposed to include a new system to defend itself from attack... Read More
1 Apr 2008
Northrop Grumman updated analysts with a conference call on the KC-45 tanker program--the $35 billion contract Northrop and EADS beat out Boeing to win... Read More
VIDEO | TOPIC : Defense
Shares in Finmeccanica fell Tuesday as the Italian aerospace and defense company agreed to buy US military contractor DR...
The Finmeccanica/DRS deal creates a new leader in defense electronics and a financial sector update, with CNBC's David F...
UK defense and services company VT Group beat forecasts with a 20% rise in underlying full-year profit. Paul Lester, CEO...
Northrop Grumman runs a radio ad touting its tanker even though the deal is on hold as the Government Accountability Off...
ST Engineering's aerospace and defense units boosted its first-quarter profit by 13%. Its president & CEO, Tan Pheng Hoc...
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