Aerospace-Defense News

DRS Technologies Announces Its 2% Convertible Senior Notes Have Become Convertible

Sun, 12 Oct 2008 08:32:30 GMT

DRS Technologies, Inc. announced today that, as a result of the anticipated consummation of the merger with Finmeccanica S.p.A. , DRS Technologies ' 2% Convertible Senior Notes due 2026 have become convertible.

Triumph Group to Webcast Second Quarter Fiscal 2009 Earnings Conference Call

Sun, 12 Oct 2008 00:27:21 GMT

WAYNE, Pa. - Triumph Group, Inc. will release second quarter fiscal 2009 earnings on Thursday, October 23, 2008, after the close of the market.

Turbo Power Systems ('TPS' or 'The Company') Announces Termination of ...

Sat, 11 Oct 2008 20:20:20 GMT

The book-to-bill ratio is the demand-to-supply ratio for orders on a firm's "book" to number of orders processed and billed.

SPACEHAB Announces Receipt of NASDAQ Staff Determination Letter

Sat, 11 Oct 2008 16:03:02 GMT

Marketplace Rule 4310 requires that the Company maintain a $1.00 bid price for its common stock traded on the NASDAQ Capitol Market Exchange.

Italy will pass on F-35 program

Sat, 11 Oct 2008 11:51:40 GMT

Italy has decided against taking part for now in a coming stage of the international F-35 fighter aircraft program, Lockheed Martin Corp, the primary contractor, said on Friday.

JetSuite Signs Fleet Financing Agreement With Mosaic Leasing

Sat, 11 Oct 2008 07:38:15 GMT

Private jet charter company JetSuite and Mosaic Leasing announced an agreement today to finance a portion of JetSuite's growing fleet of Embraer light jets.

U.S. Navy to purchase aircraft from Bell Helicopter for $210 million

Sat, 11 Oct 2008 03:20:28 GMT

Bell Helicopter, a subsidiary of Textron Inc. headquartered in Fort Worth, announced that the U.S. Navy will be purchasing about $210 million worth of aircraft as it uses an option in a contract with Bell to ...

VIENNA, VA--- The Allied Defense Group Receives Ammunition Order Exceeding $8 Million

Fri, 10 Oct 2008 23:19:51 GMT

The Allied Defense Group, Inc. is pleased to announce MECAR S.A., its Belgian defense unit, has received orders exceeding $8 million from a returning Middle Eastern customer for delivery of ammunition during ...

Neb.-based Duncan Aviation expands to Provo, Utah

Fri, 10 Oct 2008 19:13:16 GMT

Duncan Aviation says it will be opening an aircraft maintenance base in Provo, Utah, in August 2010.

GE profit falls 22 pct, meeting lowered forecast

Fri, 10 Oct 2008 15:07:44 GMT

General Electric Co.'s third-quarter profit fell 22 percent, hurt by lower earnings at its finance business, which has been battered by the worst financial crisis since the stock market crash of 1929.

CHARLOTTE, NC--- U. S. Army Awards General Dynamics Orders to Produce Hydra-70 Rockets and Warheads

Fri, 10 Oct 2008 10:33:01 GMT

The U.S. Army Aviation and Missile Life Cycle Management Command has awarded General Dynamics Armament and Technical Products two new orders to produce Hydra-70 rockets and warheads.

Bombardier denies it has violated court order by sending plane toa

Fri, 10 Oct 2008 06:22:58 GMT

Bombardier Inc. denies it has defied court order by sending aircraft to Iraq. The company said Thursday that the first of 10 regional jets ordered by the Iraqi government for Iraqi Airways was shipped Monday, ...

Starkville plant delivers first helicopter to Army

Fri, 10 Oct 2008 02:17:40 GMT

STARKVILLE, Miss. - American Eurocopter has delivered its first UH-72A Lakota light utility helicopter to the Army.

Pratt & Whitney Canada and Aviall Sign JT15D Spare Parts Distribution Agreement

Thu, 09 Oct 2008 21:59:06 GMT

NBAA 2008, Orlando, Florida, October 6, 2008 - Pratt & Whitney Canada and Aviall Services, Inc.

Radford Arsenal gets $94 million for modernization projects

Thu, 09 Oct 2008 17:47:32 GMT

Big bucks to upgrade the Radford Army Ammunition Plant. Alliant Techsystems says they've received an additional $94 million for modernization projects, bringing the total for modernization projects up to $148 ...

Phoenix to get money from hazardous-waste suit

Thu, 09 Oct 2008 13:44:05 GMT

The Arizona Department of Environmental Quality has reached an agreement with south Phoenix residents, legislators and other officials who were upset that money recently received in a major hazardous-waste ...

ST. PETERSBURG, FL--- General Dynamics Awarded $34 Million Contract...

Thu, 09 Oct 2008 09:41:54 GMT

General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics , has been awarded a $33.6 million contract by the U.S. Army Field Support Command, Rock Island, Ill.

Talks to resume in Boeing machinists' strike

Thu, 09 Oct 2008 05:27:51 GMT

SEATTLE : The Boeing Co. and its striking machinists union have agreed to return to the bargaining table, both sides said Wednesday night.

The James Webb Space Telescope model is flying to Germany

Thu, 09 Oct 2008 01:16:25 GMT

The James Webb Space Telescope Full-Scale model at its appearance at NASA's Goddard Space Flight Center, Greenbelt, Md.

News from Rockwell Collins

Wed, 08 Oct 2008 21:14:52 GMT

Rockwell Collins' SAT-6100B SATCOM receives FCC Approval and Limited Type Approval from INMARSAT Services ORLANDO, Florida - Rockwell Collins announced today that its SAT-6100B satellite communications system ...