Yahoo! Finance: Aerospace/Defense - Major Diversified Industry News
The latest news on the Aerospace/Defense - Major Diversified industry from Yahoo! Finance
Boeing 787 Begins First Flight-Test Operations Outside of Washington (PR News...
The second Boeing 787 Dreamliner, ZA002, landed at 10:53 a.m. local time today in Victorville, Calif. This marks the beginning of the first flight-test operations outside of Washington state for the program.
Northrop Grumman decides not to compete in aircraft tanker program (at bizjou...
Raytheon awarded $152.4M contract modification (AP)
Defense contractor Raytheon Co. said Tuesday it received a U.S. Army contract modification worth $152.4 million to provide engineering services for the Patriot defense system.
A400M woes push EADS into the red (AP)
Airbus parent company EADS NV reported Tuesday that spiraling costs on its military transport plane and its A380 superjumbo pushed it into the red and warned that both programs will be loss-making for years.
Boeing says 787 testing going well (AP)
Boeing Co. is putting its new 787 through an aggressive flight-testing schedule, with the fourth plane set to begin test flights on Sunday.
EU warns US against protectionism in Pentagon deal (AP)
The EU on Tuesday warned the United States against protectionism after a European-led consortium pulled out of the bidding for an Air Force contract, saying the terms had been altered to favor a U.S. company.
EADS: commencing a long descent (at FT.com)
Bad news often comes in threes, except for EADS. Three developments in three working days involving the world's second-largest aerospace group have been, respectively: positive - but less so than it might seem; expectedly bad; and unexpectedly bad.
Miss. officials decry loss of tanker contract (AP)
Mississippi officials expressed both disappointment and disgust with a Pentagon process that prompted Northrop Grumman Corp. to drop out of the competition for an Air Force refueling tanker contract.
Brazil's Silva: Yet to decide on fighter jets (AP)
Brazil's president says his government has yet to decide which fighter jets his nation will buy. In his weekly newspaper column, Luiz Inacio Lula da Silva says the decision will be based on what is best militarily, economically and politically for Brazil.
LMI 4Q profit jumps but outlook disappoints (AP)
Engineering contractor LMI Aerospace Inc. said Tuesday its fourth-quarter earnings jumped 37 percent, largely on a Boeing contract to provide wing modification kits for its 767s.
Green Dreams in Oil-Rich Abu Dhabi (at BusinessWeek)
Europe Upset by Delay in WTO Boeing Case (at BusinessWeek)
Raytheon, PlantCML Conduct Joint Civil Communications Open Architecture Demon...
Raytheon Company and PlantCML, an EADS North America company, will conduct joint demonstrations of APCO Project 25 Inter-RF Sub-System Interface at the International Wireless Communication Expo in Las Vegas, March 10-12, 2010.
Northrop Backs Out of Tanker Bid (at TheStreet.com)
Raytheon Awarded $152 Million for Patriot Engineering Services (PR Newswire)
Raytheon Company was awarded a $152.4 million contract modification to provide engineering services for the Patriot Air and Missile Defense System.
