This article is included in these additional categories: 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 | USA
Rapid Fire 2010-09-09: Boeing Redundancies
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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.
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