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Aerospace-Defense News

Aerospace-Defense news continually updated from thousands of sources around the net.

3 hrs ago | This Is Money

SUNDERLAND on SATURDAY: Why paying tax IS a matter of morals

Sir Roger Carr, the president of the CBI and the putative chairman of BAE Systems, claimed this week that tax avoidance is not about morality.

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Related Topix: Manufacturing, BAE Systems, Ben Bernanke

7 hrs ago | Albany Times Union

Momentive contract talks to start

About 12 years ago, John Dandolph began his career with General Electric Co., back before the company sold off its plastics and advanced materials businesses.

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Related Topix: Financial Services, General Electric

Fri May 24, 2013

Examiner.com

New 'Dream Chaser' space plane ready to start testing

With the ending of the Space Shuttle program, NASA is now turning to private companies to design and build new spacecraft to take astronauts into orbit.

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Related Topix: Science / Technology, Space, NASA, Manufacturing, Sierra Nevada, Edwards, CA

Insider Monkey

Here is What Hedge Funds Think About General Dynamics Corporation

GD shareholders have witnessed an increase in enthusiasm from smart money in recent months.

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Related Topix: Manufacturing, General Dynamics

AmericanBankingNews.com

United Technologies Receives "Buy" Rating from TheStreet

The analysts wrote, "United Technologies has been reiterated by TheStreet Ratings as a buy with a ratings score of A-. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and ... (more)

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Related Topix: Manufacturing, GE Aircraft Engines, Industrial Machines, Hamilton Sundstrand, Paper, Homeland Security Capital, Security, United Technologies Corporation, Pratt Industries, Clipper Windpower

The Daily Record

Bombardier Among Canada's Big Defence and Security Players at CANSEC 2013

The show will be held at the Ernst & Young Centre in Ottawa on May 29 and May 30, 2013.

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Related Topix: Bombardier, Marketing

Bloomberg

British Airways Jet Evacuated at Heathrow on Engine Fault

A British Airways jetliner carrying 75 passengers was evacuated on the runway at London's Heathrow airport, with television pictures of the plane's approach showing smoke spewing from one engine.

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Related Topix: Airbus SAS, Air Accidents

The Straits Times

Nasa puts shuttle launch pad in Florida up for lease

The space shuttle Atlantis is seen shortly after the rotating service structure was rolled back at launch pad 39A at the Nasa Kennedy Space Center in Cape Canaveral, Florida in this picture taken on July 7, 2011.

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Related Topix: Cape Canaveral, FL, National Aeronautics and Space Administration, Science / Technology, Space

Thu May 23, 2013

Freshnews

BAE Systems' Experts Continue Missile Defense Research for U.S. Army

The U.S. Army Space and Missile Defense Command has awarded BAE Systems an $85 million, two-year contract extension to continue its support of the agency's Future Warfare Center.

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Related Topix: Manufacturing, BAE Systems, Strategic Defense Initiative, Technical Services

News Times

GE sees ceramics improving jet engine performance

A worker loads a container holding ceramic matrix composites components inside a high-pressure autoclave for curing.

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Related Topix: General Electric, Financial Services, Commercial Aircraft, Boeing Aircraft, Boeing 737, Aircraft

AmericanBankingNews.com

General Electric Given Buy Rating at Deutsche Bank

's stock had its "buy" rating reaffirmed by Deutsche Bank in a research note issued on Thursday, Stock Ratings Network.com reports.

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Related Topix: Financial Services, General Electric, Sanford C. Bernstein

The Hartford Courant

Pentagon sees slight drop in F-35 acquisition costs: sources

The Pentagon 's annual report to Congress shows a decline of $4.5 billion, or just over 1 percent, in the projected development and acquisition cost of the Lockheed Martin Corp F-35 fighter jet program, sources familiar with the data said on Thursday.

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Related Topix: Manufacturing, Lockheed Martin, US Military, US Air Force, Ansonia, CT

Reuters

General Electric considering IPO for finance business - CEO

The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labor market despite belt-tightening by Washington.

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Related Topix: General Electric, Financial Services

Reuters

CNH Tracker-Pilot quota system for moving yuan offshore gathers traction

A pilot quota system that allows companies operating in China to freely transfer some of their yuan profits offshore has gathered some traction in recent months and bankers expect more firms to seek approvals to participate.

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Related Topix: Scientific Instruments, Manufacturing, Moog

Reuters

U.S. industry touts 'drone' promise as public debate flares

Public backlash against deadly overseas drone strikes may undermine promising uses of such technology for anything from disaster response to mail delivery, a top U.S. industry group said as it launched a lobbying effort to "demystify" unmanned planes.

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Related Topix: US Politics, US News, Barack Obama, Manufacturing, Northrop Grumman, US Military, US Navy, Palmdale, CA

Wed May 22, 2013

Freshnews

Correcting and Replacing Caption Rolls-Royce Ae 3007 Powers First Flight of Us Navy's Triton Uav

The US Navy's MQ-4C Triton aircraft, powered by a Rolls-Royce AE 3007 engine, successfully completed its first flight on May 22, 2013.

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Related Topix: US Military, US Navy, Manufacturing, Northrop Grumman

WKRC-TV Cincinnati

US Navy's unmanned ocean jet makes first flight

An unmanned jet built for the U.S. Navy's high-altitude maritime surveillance missions made its first flight on Wednesday, officials said.

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Related Topix: US Military, US Navy, Manufacturing, Northrop Grumman, Palmdale, CA

Brandon Sun

Ski-Doo maker's IPO price values BRP at about $2.5B, prices shares at $21.50

The maker of Ski-Doo snowmobiles says its initial public offering has been priced at $21.50 per share - giving the company a market value of about $2.5 billion.

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Related Topix: Bombardier

Connecticut Post

GE's Immelt weighs IPO for parts of shrinking finance unit

General Electric is considering spinning off parts of its finance unit through an initial public offering as CEO Jeffrey Immelt works to shrink the business.

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Related Topix: Financial Services, General Electric, Longboat Key, FL

Insider Monkey

Precision Castparts Corp. (PCP): The Latest Aerospace Play Gives Earnings

Another week and another set of earnings in the industrial space that confirms the curious bifurcation in the sector.

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Related Topix: Industrial Machines, Precision Castparts, Metals, Financial Markets, Boeing, Commercial Aircraft, Boeing Aircraft, Boeing 737, Aircraft, Boeing 787

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