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Aerospace-Defense News

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

3 hrs ago | Utility Products

Alstom shares spike on talk of GE buyout

Shares in French equipment manufacturer Alstom have spiked on reports that General Electric Co.

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Related Topix: Financial Services, General Electric

8 hrs ago | Washington Times

Electric Boat, labor union agree to new contract

A labor union for 2,200 workers at submarine maker Electric Boat has agreed to a new, five-year contract through 2019 that includes annual pay raises of 3 percent or more.

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Related Topix: Electric Boat

12 hrs ago | Patch.com

Top Court Declines to Hear Case, Striking Ban on Sex Offenders in OC Parks

By PAUL ANDERSON City News Service The state Supreme Court refused today to review an appellate court's ruling, striking down a ban on registered sex offenders in parks in 15 Orange County cities and similar prohibitions in 30 cities statewide.

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Related Topix: Orange County, CA, Semiconductors, Electronics, Irvine Sensors, Irvine, CA

Wed Apr 23, 2014

News Times

Mexico helicopter contract a potential boon for Sikorsky

The U.S. State Department has approved sale of up to 18 UH-60M Black Hawk helicopters to Mexico for use in its war on violent drug cartels, a potential boost for hard-pressed Sikorsky Aircraft of Stratford.

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Related Topix: Prison, Sikorsky Aircraft, Stratford, CT, US Military, US Army

Reuters

UPDATE 1-GE in talks to buy France's Alstom - Bloomberg

General Electric Co is in talks to buy French turbine and train maker Alstom SA for about $13 billion, Bloomberg reported, citing people with knowledge of the matter.

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Related Topix: General Electric, Financial Services

Seattle Post-Intelligencer

Textron eliminating 750 Cessna, Beechcraft jobs

Just over a month after buying Beechcraft for $1.4 billion, Textron announced 750 job cuts at that company and at its Cessna division.

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Related Topix: Textron, Cessna Aircraft, Wichita, KS, Civil Aircraft, Boeing Aircraft, Boeing Business Jet, Aircraft

Reuters

Cost-cutting, share buybacks buoy U.S. defense profits

The biggest U.S. weapons makers posted higher profits this week and raised their forecasts for 2014 earnings, sending shares higher despite cuts in military spending that have weakened revenues.

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Related Topix: Manufacturing, Lockheed Martin, General Dynamics, Northrop Grumman

The Hartford Courant

Cost-cutting, share buybacks buoy U.S. defense profits

The biggest U.S. weapons makers posted higher profits this week and raised their forecasts for 2014 earnings, sending shares higher despite cuts in military spending that have weakened revenues.

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Related Topix: Manufacturing, Lockheed Martin, General Dynamics, Northrop Grumman, Ansonia, CT

Post and Courier

Boeing first-quarter revenue rose 8%

Boeing reported an increase in revenue of 8 percent during the first quarter of 2014.

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Related Topix: Commercial Aircraft, Boeing Aircraft, Aircraft, Boeing 787, Boeing 737, North Charleston, SC, Boeing

Post and Courier

Boeing first-quarter revenue rose 8%

Boeing reported an increase in revenue of 8 percent during the first quarter of 2014.

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Related Topix: Commercial Aircraft, Boeing Aircraft, Aircraft, Boeing 787, Boeing 737, North Charleston, SC, Boeing

The Motley Fool

What Investors Should Know About Lockheed Martin Corporation's 23% Jump in Profits

While revenue did indeed decline, Lockheed Martin's net earnings jumped 23% in the first quarter.

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Related Topix: Manufacturing, Lockheed Martin

Sys-Con Media

W. P. Carey Announces $28 Million of Investments on Behalf of CPAA :17 - Global

The total cost of the properties, which are located in Raytheon Company is a technology and innovation leader specializing in defense, security and civil markets throughout the world.

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Related Topix: Real Estate, W P Carey and Co, REIT, Personal Finance, Raytheon

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

In reported currency, net s... )--Digital Clarity Group , the research-based advisory firm focused on customer experience management , releases a new guide to systems integrators and digital/int... )--7.00am 23 April 2014 INTERIM MANAGEMENT STATEMENT Reed Elsevier, the professional information company, has issued a statement reporting on the ... (more)

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Related Topix: Manufacturing, BE Aerospace

Tue Apr 22, 2014

The Virginian-Pilot

Rep. Forbes: More cuts will undermine U.S. security

U.S. Representative Randy Forbes sits in an F-35 Lightning II Cockpit Demonstrator at the Lockheed Martin Center for Innovation in Suffolk Tuesday, April 22, 2014 as Tony Stutts, a retired Air Force F-16 pilot who works for Lockheed Martin, gives instructions.

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Related Topix: US Politics, Randy Forbes, US News, Republican, US House of Representatives, Manufacturing, Lockheed Martin, US Military, US Air Force, Boat Disaster

Government Executive

Budget Cuts Bring 11 Percent Decline in Contract Spending for 2013

The sequester, the winding down of the wars in Iraq and Afghanistan, and overall budget cuts produced an 11 percent decline in federal contract spending in fiscal 2013, according to the third annual Bloomberg federal industry leaders study released on Tuesday.

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Related Topix: Manufacturing, Lockheed Martin, Aircraft, Lockheed Martin Aircraft, Military Aircraft, Lockheed Martin F-35 Joint Strike Fighter

Nanaimo Daily News

Most actively traded companies on the TSX, TSX Venture Exchange

Bombardier Inc. . Aerospace. Up two cents, or 0.50 per cent, to $4.03 on eight million shares.

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Related Topix: Bombardier, Insurance, Manulife Financial

The Press-Enterprise

INDUSTRY: Boeing signs $1.8 million lease

Scene from the tarmac at Southern California Logistics Airport. The photo appears on the website listing attributes of the logistics airport in Victorville.

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Related Topix: Boeing, Victorville, CA, US Military, US Air Force, George Air Force Base

The Globe and Mail

Despite falling revenue, Lockheed lifts outlook on strong profit

The F-35B Lighting II variant of the Joint Strike Fighter sits on the deck of the USS Wasp off the coast of North Carolina in this photo taken August 19, 2013.

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Related Topix: Manufacturing, Lockheed Martin, US Military, US Marine Corps

Reuters

UPDATE 1-Arotech shares drop on negative Seeking Alpha commentary

Shares of Arotech Corp, a maker of lithium batteries for military tanks, fell as much as 17.5 percent after a report on stock commentary website Seeking Alpha said its shares were not worth more that $2, less than half of Monday's closing price.

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Related Topix: Electronics, Arotech

Free Republic

Typhoon starts windtunnel tests with conformal fuel tanks

The Eurofighter Typhoon's proposed conformal fuel tank configuration has entered windtunnel testing in the UK, partner company BAE Systems has revealed.

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Related Topix: Aircraft, Eurofighter Aircraft, Eurofighter Typhoon, Military Aircraft, Manufacturing, BAE Systems

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