Aerospace-Defense News

SEATTLE : The Boeing Co. has announced the completion of an order by El Al Israel Airlines for four 777-200ERs. The extended-range passenger jets are worth $850 million at list prices, although customers ... via International Herald Tribune

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International Lease Finance Corp, a unit of American International Group , is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people ... via Reuters

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“PICS is intended to alert Army commanders in a matter of milliseconds of the location of a potential ground-based threat launch to enable defensive systems to effectively neutralize the threat”

Northrop Grumman Receives Contract to Develop 360-Degree Warning System to Detect Ground-Based Threats Source: PrimeNewswire Publication date: 2008-05-06 LINTHICUM, Md., May 6, 2008 -- Northrop Grumman ... via Military Officer

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“Continued growth in all sectors of the aerospace industry, and relative stability in foreign exchange rates that impact Magellan, allowed Magellan to increase revenue and profit in spite of temporary slowdowns in selected pre-production programs.”

- Magellan Aerospace Corp. (TSX:MAL) said Friday it earned a first-quarter profit of $2.1 million, compared with a loss of $1.7 million a year ago.

The company, which makes aircraft parts and does aircraft maintenance work, said the profit amounted to two cents per share for the three months ended March 31 compared with a loss of two cents per share a year ago.

Quarterly revenue was $161.1 million, up from $144.1 million.

"The first quarter of 2008 showed improvement over previous periods, and was consistent with the performance expected by Magellan management," the company said. Read more

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“This programme will strengthen our footprint and allow us to deliver C2 capability into every NATO country”

LONDON, May 6 /PRNewswire/ -- Northrop Grumman Corporation announced that it has been selected by the NATO C3 Agency to provide hardware and software support services for the roll-out of the Maritime Command ... via Earth Times

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A maintenance contract has been signed between Skywest Airlines and Bombardier Services Corporation , a subsidiary of Bombardier Inc., under which BSC will perform C checks, other heavy maintenance and ... via Aircraft Maintenance Technology

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Thales UK released photos of the new Watchkeeper UAV maiden flight in Northern Israel after permission to publish the pictures had been blocked for three weeks because of political considerations, according to ... via CNET News.com

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“The aerospace and oil and natural gas industries each require high performance components that operate over wide temperature ranges”

Honeywell announced today that its Aerospace business has unveiled a new high temperature Silicon On Insulator electronic component with dual applications in the aerospace and oil industries. via Intelligent Enterprise

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U.S. space shuttle Discovery will undergo a terminal countdown test this week in preparation for its STS-124 mission to the International Space Station. via The Post Chronicle

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“The news is surprisingly optimistic, and if you put everything together this looks fairly encouraging”

Northrop Grumman Corp.'s military contract to build a new robotic plane could be a boon for the company and Southern California, experts say. via Daily India

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