Aircraft industry
The European Union sought to breathe new life into stalled negotiations with the US over aircraft subsidies to Boeing and Airbus by presenting a fresh proposal, understood to involve a proposed cut of about a third in launch aid for Airbus's A350 and other aircraft projects. The offer
Aircraft industry
Northrop Grumman Corporation has been chosen by Lockheed Martin to supply communications software for the U.S. Navy's MH-60R and MH-60S multimission helicopters. The award is valued at $3.8 million and will be used to design, develop, test, and maintain the software over a two-year period. The
Aircraft industry
Cyberhand Technologies International, Inc., a leading computer peripheral design company, has announced its entry into a research project with Lockheed Martin Corporation to develop a missile guidance hardware system. This cutting-edge project combines Cyberhand's Viper high-performance game controller and Racer ergonomic mouse technologies with the expertise of Lockheed
Aircraft industry
Recent months have seen the Source Evaluation Board, responsible for the federal contract to run Los Alamos National Laboratory, meeting with 25 interested parties in one-on-one settings. Four potential bidders have announced their intentions: Northrop Grumman Corp., Lockheed Martin Corp., the University of California with Bechtel National Corp., and Nuclear
Aircraft industry
The Transportation Security Administration (TSA) has certified a technology kit developed by Lockheed Martin and its partner Analogic, which could be used to upgrade certain Explosives Detection Systems (EDS) deployed at the nation's airports. The upgrade kit, which includes software and hardware, aims to improve the accuracy and
Aircraft industry
In a democratic market economy, rarely has the linkage between business and politics been as blatant as in the decision by Air India to cancel plans to split a $7bn contract between Boeing and Airbus and award the entire order to Boeing. This move, allegedly taken to fend off US
Aircraft industry
New Delhi -- India's decision to favor Boeing over Airbus for a $7bn upgrade of its fleet has sparked fears of a US protectionist backlash and geopolitical tensions, according to a senior government official. The official revealed that India's fears of a US protectionist backlash were
Aircraft industry
A new partnership between Lockheed Martin and Boeing, announced as the United Launch Alliance, will mark the end of a longstanding rivalry between the two companies in the rocket-launching business. The joint venture, which requires government approval, aims to secure a single contract for launching rockets for the Pentagon and
Aircraft industry
The two largest military contractors, Lockheed Martin Corporation and the Boeing Company, have announced a joint venture to provide and launch rockets for the Air Force and NASA. The new company, United Launch Alliance, aims to cut costs by approximately $100 million to $150 million annually and settle civil lawsuits
Aircraft industry
Boeing's victory over Airbus has become more pronounced with the announcement of two massive orders from Air India and Air Canada. These orders, worth a combined $13 billion, highlight Boeing's success with its 787 Dreamliner aircraft. The orders from Air India and Air Canada bring Boeing&
Aircraft industry
Boeing has secured a major victory in its competition with European rival Airbus after securing a large order from Air Canada. The Canadian airline has agreed to purchase 32 wide-body aircraft, including 14 of Boeing's latest 787 model. This order marks a significant shift in Air Canada'
Aircraft industry
Germany has approved entry into the design and development phase of the tri-national Medium Extended Air Defense System (MEADS) program, joining the United States and Italy. This milestone marks a significant step forward for the program, which aims to develop a next-generation air and missile defense system. The MEADS system
