News

  • 6 May 2008

    BAE Business Practices Under Fire

    BAE Systems has been told to publish a global code of ethical business and strengthen its anti-bribery measures in a review into its business practices. The study by former Lord...

  • 6 May 2008

    Navistar Awarded US$1.3bn Vehicle Contract

    Navistar Defense, a division of heavy truck maker Navistar International, has received a US$1.3bn contract from the US Army for medium tactical vehicles and parts. The three-year contract will see...

  • 2 May 2008

    Oshkosh Reports 43% Profit Increase

    Oshkosh Truck has reported a 43% rise in second quarter profit as strong international sales and demand for military vehicles more than offset higher raw material costs. The company recorded...

  • 1 May 2008

    GEO-1 Satellite Completes BIST Test

    Lockheed Martin says the first Space-Based Infrared System (SBIRS) geosynchronous orbit (GEO-1) spacecraft has completed a comprehensive Baseline Integrated System Test (BIST) and is now ready to begin environmental testing....

  • 30 April 2008

    Rockwell Collins Records Profit Increase

    Rockwell Collins says its fiscal second-quarter profit increased 20 percent, driven by improved operational performance and increased sales to airlines and aircraft original equipment manufacturers. Net income rose to US$168m...

  • 30 April 2008

    Northrop Grumman Posts Q1 Loss

    Northrop Grumman has reported a 33 percent drop in first quarter earnings due to the delay in delivery of the US$1.9bn LHD-8 amphibious assault ship. Earnings from continuing operations declined...

  • 29 April 2008

    Raytheon Reports Q1 Profit Increase

    Raytheon has reported a first quarter profit increase of 23 percent, due to strong sales of its missile and network systems. First quarter revenue increased to US$5.4bn – an 11...

  • 29 April 2008

    Lockheed Acquires Eagle Group

    Lockheed Martin says it has agreed to acquire Eagle Group International Corporation, a provider of logistics, information technology, training and healthcare services to the US Department of Defense. Lockheed says...

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