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Search Tags: Boeing
Small and medium-sized contractors and suppliers receive 75 percent of appropriated dollars for defense or military programs. But these small businesses, who lack the lobbying power of top- tier defense contractors, may suffer more from sequestration than big companies.
Tags: FAA , industry , Association for Unmanned Vehicle Systems International , Congress , drones ,
Three of the top five U.S. defense vendors — Northrop Grumman Corp., General Dynamics Corp. and Raytheon Co. — had lower sales in the first quarter of 2012, a trend that may continue as the Pentagon cuts its budget, according to a new report from Bloomberg Government.
The Hacker group Anonymous appears to be planning attacks on companies and elected officials that support certain cybersecurity legislation. So far, hackers have claimed credit for taking down the websites of Boeing, TechAmerica and USTelecom over the past few days.
The 10-year saga of the Air Force to award a contract for new aerial refueling tankers ended a year ago. That's when Boeing got the final nod. Federal Drive gets a progress report from Boeing on the tanker program.
Sanford "Sandy" McDonnell, a former Boy Scout who went on to work on the first atomic bomb before heading aerospace behemoth McDonnell Douglas Corp., has died, according to Boeing Co., which bought McDonnell Douglas in 1997.
Tags: Sanford McDonnell ,
A long-range stealth bomber may be the only major new program in the foreseeable future given the $490 billion the Pentagon must cut from it's budget over the next decade. The "optionally manned" aircraft will be first new bomber design since Northrop Grumman's B-2 nearly 30 years ago.
Wary of Iran, the U.S. has been building up missile defenses of its allies, including a $1.7 billion deal to upgrade Saudi Arabia's Patriot missiles and the sale of 209 Patriot missiles to Kuwait, valued at about $900 million.