News

  • 7 May 2008

    BAE Urges Review of SFO Investigation

    BAE Systems has urged the Serious Fraud Office (SFO) to review its abandoned investigation into allegations of corruption. BAE Chairman Dick Oliver told the BBC he wants the SFO to...

  • 7 May 2008

    Watchkeeper UAV Completes First Flight

    Thales UK says its Watchkeeper Unmanned Air Vehicle (UAV), developed for the UK Ministry of Defence, has completed its first flight. Watchkeeper will provide the UK armed forces with an...

  • 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...

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