Andrea's Feed
Sep 30, 2014

Boeing to shift most defense work out of Washington state

WASHINGTON (Reuters) – Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) on Monday said it would move the majority of its defense services and support work out of Washington state to other U.S. cities, affecting the jobs of about 2,000 of its 5,200 defense employees in the Puget Sound region.

The changes, first reported by Reuters earlier Monday, are part of ongoing efforts by Boeing to streamline its defense business, and will not affect its P-8A spy plane or KC-46 aerial refueling tanker programs. Both of those programs are based on commercial jetliners made in the area.

Sep 29, 2014

Exelis says better balanced after spinoff of services business

WASHINGTON, Sept 29 (Reuters) – Exelis Inc on Monday
said the spinoff of its lower-margin government services
business into a separate company, Vectrus Inc, would
leave it with a more balanced portfolio.

Dave Melcher, chief executive of Exelis, told Reuters he
expected the company’s revenues to be at least flat in 2015
despite a projected 4 percent drop in the base U.S. defense
budget, but “a little growth” was possible.

Sep 29, 2014

Boeing to shift some defense work out of Washington state: sources

WASHINGTON (Reuters) – Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) plans to announce further streamlining of its defense business on Tuesday, moving significant portions of its defense operations out of Washington state, according to multiple sources familiar with the matter.

The consolidation would focus on defense support services and would not affect Boeing’s P-8A spy plane or KC-46 aerial refueling tanker programs, the sources said. Both programs are built on commercial jetliners made in the Puget Sound region of Washington state.

Sep 28, 2014

U.S. lawmakers urge congressional action to back Obama’s Syria war

WASHINGTON (Reuters) – U.S. lawmakers on Sunday stepped up calls for congressional authorization of President Barack Obama’s war against Islamic State militants in Iraq and Syria, amid signs the United States and its allies face a long and difficult fight.

U.S. House Speaker John Boehner told ABC’s “This Week” that he believed Obama had the legal authority for strikes against Islamic State, but would call lawmakers back from their districts if Obama sought a resolution backing the action.

Sep 26, 2014

Exclusive: Lockheed to buy European satellite for South Korea in F-35 deal

WASHINGTON (Reuters) – Lockheed Martin Corp (LMT.N: Quote, Profile, Research, Stock Buzz) said it will buy a European-built military communications satellite for South Korea as part of a $7 billion deal to supply Seoul with 40 F-35 fighter jets, in what industry observers call among the most unusual “offset” agreements ever to accompany a major arms sale.

Lockheed, which builds its own satellites, declined to detail the cost of the new satellite or name its manufacturer, but said the spacecraft would provide a “state-of-the-art” system that met South Korea’s military requirements.

Sep 25, 2014

India eyes Sikorsky helicopter, other big U.S. arms buys

WASHINGTON, Sept 25 (Reuters) – In a boost to U.S. weapons
makers looking for ways to offset lower domestic military
spending, India is expected to choose Sikorsky Aircraft’s S-70B
Sea Hawk helicopters at a 16-aircraft tender worth over $1
billion.

The decision could come during a high-profile visit to the
United States by new Indian Prime Minister Narendra Modi that
starts on Friday.

Sep 25, 2014

Exclusive: India eyes $1 billion Sikorsky helicopter deal, other U.S. arms

WASHINGTON (Reuters) – India is expected to choose Sikorsky Aircraft’s S-70B Sea Hawk helicopters at a 16-aircraft tender worth over $1 billion, according to two sources familiar with the matter.

The decision could come during a high-profile visit to the United States by new Indian Prime Minister Narendra Modi that starts on Friday.

Sep 25, 2014

India eyes $1 bln Sikorsky helicopter deal, other US arms

WASHINGTON, Sept 25 (Reuters) – India is expected to choose
Sikorsky Aircraft’s S-70B Sea Hawk helicopters at a 16-aircraft
tender worth over $1 billion, according to two sources familiar
with the matter.

The decision could come during a high-profile visit to the
United States by new Indian Prime Minister Narendra Modi that
starts on Friday.

Sep 24, 2014

U.S. Navy sees possible decision on carrier drone in October

, Sept 23 (Reuters) -
T he Pentagon’s review of intelligence and surveillance programs
should be completed by mid-October, which will help clarify the
future of the Navy’s proposed carrier-based unmanned spy plane,
a senior Navy official said on Tuesday.

Rear Admiral Mat Winter, the Navy’s top official in charge
of unmanned aviation and strike weapons, said recommendations
made by the Defense Department focus group studying the issue
would determine if the Navy could issue a delayed request for
proposals for the new program, or needed to provide more data.

Sep 23, 2014

Navy says may trim Northrop drone order due to better reliability

(Adds details)

By Andrea Shalal

NAVAL AIR STATION PATUXENT RIVER, Maryland, Sept 23
(Reuters) – I mproved reliability of Northrop Grumman Corp’s
unmanned MQ-4C Triton spy plane means the U.S. Navy may
buy fewer of the drones than the 68 it now has on order, a
senior navy official said on Tuesday, a move which may result in
lower revenues for the planemaker.

The Navy’s goal is to have 20 of the huge drones available
at any given time to use for five continuous “orbits” of
maritime surveillance. It takes four planes to make up one
orbit.