- US Supreme Court throws out lower court ruling that would have required Boeing and General Dynamics to repay $3 billion to the federal government for the cancelled A-12 Avenger fighter program.
- Does SpaceX have lessons to teach NASA? After it spends under $400 million to do what would have taken NASA around $4 billion, Congressional testimony says “yes!”, and SpaceX underscores its cost positions. Next step? Falcon 9 Heavy, which aims to challenge the current Boeing/Lockheed EELV heavy lift platforms on cost and payload.
- FLIR Systems, a supplier of thermal imaging and threat detection systems, agrees to pay $39 million to two former executives to settle litigation related to its 2004 acquisition of Indigo Systems.
- L-3’s Systems Field Support division gets contract worth up to $300 million to provide C-12 aircraft logistics support and maintenance to the US Navy and USAF.
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