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Boeing Commercial Airplanes Employment to Decline in 2009

January 12, 2009 @ 12:00 AM

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...

French Defence Ministry Renews Thales Contractor Logistics Support Contract for Avionics Maintenance

January 12, 2009 @ 12:00 AM

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, DCNS and Rohde & Schwarz Team Wins 240...

January 9, 2009 @ 12:00 AM

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...

Boeing Finishes 2008 with 662 Commercial Airplane Orders

January 9, 2009 @ 12:00 AM

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

Contract for Weapon Control Systems to Slovenia Valued at MNOK 100

January 9, 2009 @ 12:00 AM

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

L-3 Awarded $61 Million Contract for Canadian Halifax Class Frigate Upgrade

January 9, 2009 @ 12:00 AM

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

MoD Takes Delivery of "Souped-Up" Combat Vehicles

January 9, 2009 @ 12:00 AM

>An upgraded Scimitar CVR(T). The Light Dragoons will be the first British Army unit to train on the new vehicles

Lockheed Martin Awarded Machinery Control System Modernization Contract for U.S. Navy Destroyers...

January 9, 2009 @ 12:00 AM

ORLANDO, Fla. --- Lockheed Martin was awarded a $15 million firm-fixed-price contract as part of the U

Raytheon Team Completes Final Major Milestones on Next-Generation GPS Control Segment

January 9, 2009 @ 12:00 AM

AURORA, Colo. --- Raytheon Company has successfully completed two significant milestones for the U

FLIR Systems Announces Exercise of Option Under $13.5 Million Contract by Royal...

January 6, 2009 @ 12:00 AM

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

Defense Sector Outperforms S&P500 for Ninth Consecutive Year

January 5, 2009 @ 12:00 AM

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

Thales Raytheon Systems Awarded $217 Million to Upgrade U.S. Army Firefinder Radar

December 24, 2008 @ 12:00 AM

FULLERTON, Calif. --- Thales Raytheon Systems has been awarded a $217 million U

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