SEATTLE --- Boeing said today that employment at its Commercial Airplanes business unit is expected to decline by approximately 4,500 positions in 2009 as part of an effort to ensure competitiveness and control costs in the face of a weakening global economy.>> The reduction will bring Commercial Airplanes' employment to...
NEUILLY-SUR-SEINE, France --- Thales announced today that the French Ministry of Defence, through its SIMMAD support structure, has renewed the fixed-price contractor logistic support (CLS) contract for the maintenance of avionics equipment on French military aircraft for a further five years. The contract covers a fleet of approximately 1,500 aircraft
EADS Defence & Security, the agent, and its co-contractors DCNS and Rohde & Schwarz, have been notified on December 22 2008, by the DGA procurement branch of the French Ministry of Defence, of Stage 2 of the RIFAN programme to equip the French naval air arm on exercises or on...
SEATTLE --- The Boeing Company in 2008 recorded 662 net commercial airplane orders, bringing its backlog of unfilled commercial orders to more than 3,700 airplanes.>> The Next-Generation 737 remained the company's best seller, with 484 chosen last year by customers from nearly every region of the world
Kongsberg has signed a contract with Patria for the Protector weapon control system for delivery to the Slovenian Army. The order is valued at approx
NEW YORK --- L-3 Communications announced today that its MAPPS division has been awarded a $61 million contract (CAD $73 million) to supply its Integrated Platform Management System (IPMS) upgrade for the Canadian Navys 12 Halifax Class frigates. The IPMS will modernize the frigates ship control system and improve the operational effectiveness of the vessels
>An upgraded Scimitar CVR(T). The Light Dragoons will be the first British Army unit to train on the new vehicles
ORLANDO, Fla. --- Lockheed Martin was awarded a $15 million firm-fixed-price contract as part of the U
AURORA, Colo. --- Raytheon Company has successfully completed two significant milestones for the U
PORTLAND, OR --- FLIR Systems, Inc. announced today that it has received notification from the Royal Australian Air Force (RAAF) of its intent to exercise a contract modification option under a prior $13
WASHINGTON, DC: Although the worst year the stock market has seen since the 1930s, aerospace and defense companies continued to outperform the broader markets, with the benchmark SPADE Defense Index (NYSE Alternext US: DXS) outperforming the S&P500 for the ninth consecutive year, a Marketwire press release said. An 8
FULLERTON, Calif. --- Thales Raytheon Systems has been awarded a $217 million U