Rapid Fire: 2010-09-09
Sep 08, 2010 21:52 EDTRelated Stories: Americas - USA, Boeing, Daily Rapid Fire, Electronics - General, Force Structure, GPS Infrastructure, Industry & Trends, Launch Vehicles, Lockheed Martin, Mergers & Acquisitions, Other Corporation, Policy - Personnel, Raytheon, Russia, Satellites & Sensors, Signals Radio & Wireless, Trucks & Transport
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- Acquiring Minds: Boeing, Lockheed Martin target acquisitions in cybersecurity, ISR, and UAV sectors.
- White Collar Cuts: Meanwhile, Boeing is cutting 10% of the executive positions at its military aircraft business as part of a restructuring effort; an additional 400 job cuts are expected.
- In Reverse?: Navistar posts a fiscal third-quarter profit but lowered its revenue outlook for the year as military truck orders are deferred to 2011 and commercial truck sales slump.
- GKN delivers first major CH-53K helicopter sub-assembly.
- Zumwalt Class destroyer’s new Total Ship Computing Environment certified to TRL 6.
- Believe It or Not: Is Russia really trimming its bloated military bureaucracy? That’s what they say.
- A Russian Rokot rocket lifts 2 Kosmos military communications satellites and 1 Gonets-M navigation satellite, part of the Glonass system, into orbit from the Plesetsk space center.
- Comtech Mobile Datacom gets $24.9 million in orders to provide satellite communication support for the US Army’s Blue Force Tracker under an existing $384 million contract.
