Rapid Fire 2011-05-24: AFOTEC Services
- 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.
Categories: Asia - Other, Boeing, Britain/U.K., Chemical Weapons, China, Contracts - Awards, Daily Rapid Fire, Delivery & Task Orders, Electronics - General, Fighters & Attack, France, India, L3 Communications, Launch Vehicles, Legal, Lockheed Martin, Missiles - Anti-Armor, Other Corporation, Specialty Aircraft, Submarines, Support & Maintenance, Support Functions - Other, T&C - SAIC, Testing & Evaluation, USA, WMD Detection