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FAA to launch comprehensive review of Boeing 787

Federal regulators say they are ordering a comprehensive review of the critical systems of Boeing's 787s, the aircraft maker's newest and most technologically advanced plane, after a fire and a fuel leak earlier this week.

Tags: FAA , industry , contracing ,

Friday - 01/11/2013, 09:00am EST

NASA picks 3 private firms to develop space taxis

NASA picked three aerospace companies Friday to build small rocketships to take astronauts to the International Space Station, as part of the third phase of NASA's efforts to get private space companies to take over for the space shuttle.

Tags: NASA , Charles Bolden , acquisition , contracting , SpaceX , Sierra Nevada Corp.

Friday - 08/03/2012, 05:34pm EDT

Small contractors could be hit hardest under planned Defense spending cuts

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: defense , defense spending , defense contractor , defense contracting , budget , acquisition , Iraq , sequestration , Lockheed Martin , Mackenzie Eaglen , AEI

Monday - 07/30/2012, 09:19pm EDT
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First quarter mixed for top defense contractors

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.

Tags: Sopen Shah , Bloomberg Government , DoD , Federal Drive , contracting , Raytheon , Lockheed Martin , General Dynamics , Northrop Grumman

Wednesday - 05/23/2012, 02:18pm EDT
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Anonymous hackers target industry supporters of cyber bill

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.

Tags: cybersecurity , Cybersecurity Update , In Depth , Francis Rose , industry , TechAmerica , USTelecom ,

Wednesday - 04/11/2012, 07:12pm EDT

Boeing: Air Force tanker program on schedule

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.

Tags: Air Force , DoD Update , tanker , contracting , Federal Drive , Dennis Muilenburg

Monday - 03/26/2012, 09:20am EDT
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Former aerospace company exec McDonnell dies

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 ,

Wednesday - 03/21/2012, 02:52am EDT
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