An engineering pioneer, who enabled the nation to become a world leader in space technology and its applications, has been chosen to receive the Dr. Robert H. Goddard Memorial Trophy, the National Space Club’s most prestigious award. Simon Ramo co-founded TRW, which was acquired by Northrop Grumman Corporation (NYSE: NOC) in 2002 and is now [...]
Boeing (NYSE: BA) reports that Illinois would see an estimated 1,100 total jobs and generate an estimated $57 million in annual economic impact if the Boeing NewGen Tanker bid is successful. The $35 billion contract is expected to be awarded this fall. “Boeing’s NewGen Tanker would support more than 200 jobs at Hamilton Sundstrand in [...]
Send housewarming gifts to 2980 Fairview Park Drive, Falls Church, Va. After a lengthy search, Northrop Grumman (NYSE: NOC) has settled on the location in suburban Northern Virginia to serve as the firm’s new headquarters. The contracting giant will move from Southern California over the next year. “As we thought about our corporate office and [...]
Boeing (NYSE: BA) sent a proposal to the U.S. Air Force outlining a plan for the next-generation aerial refueling tanker aircraft. A version of Boeing’s 767 commercial airplane, the NewGen Tanker would replace 179 of the 400 aging KC-135 aircraft currently in the Air Force fleet. “We are honored to support our U.S. Air Force [...]
Boeing (NYSE: BA) has an agreement in place to purchase Narus, a firm focusing on network traffic and analytics software used to protect against cyber attacks and persistent threats aimed at large Internet Protocol networks. Boeing and Narus have worked as partners in the past. The acquisition provides a boost to Boeing’s growing cybersecurity solutions [...]
DynCorp (NYSE: DCP) has announced a pair of fiscal moves drawing it closer to buyer Cerberus Capital. The firm’s stockholders approved a proposal to adopt the DynCorp’s merger agreement with the private investment firm Cerberus Capital Management. According to the firm, “the affirmative vote of the holders of a majority of the outstanding shares of [...]
When NYSE Euronext (NYX) Chief Executive Duncan Niederauer accepted the invitation to speak at today’s Potomac Officer’s Club event at the Ritz Carlton, he could hardly have imagined it would have been on the heels of this morning’s emergency 75 basis points rate cut by the Federal Reserve. Knowing the increasing drumbeat of recessionary concerns [...]
