Rapid Fire 2010-09-09: Boeing RedundanciesSep 08, 2010 21:52 UTC
- 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.
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