2.43%XLF 15.10 
10.30%QQQQ 31.32 0.63%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
CLEVELAND - Industrial manufacturer Eaton Corp. said Monday it will gain a total of about $120 million in revenue from the Department of Defense's purchase of 167 Bell Boeing V-22 Osprey tiltrotor airplanes.
| ETN | 48 |  0.9 |
The contract for the purchases runs through 2012. The company said under the terms of the deal, 141 airplanes will be used by the U.S. Marine Corps and 26 will used by to U.S. Air Force.
The full procurement of the V-22 planes is expected to total 458 airplanes with an estimated cost of $54 billion, Eaton said, adding it could add $320 million to its revenue over the life of the procurement program.
Eaton supplies airplane parts to the military.
Getting the financial rescue through Congress may have been the easy part. Getti...
The new soldiers in the upcoming prequel 'Halo 3: Recon' are "among the fiercest" in the popular game series, Microsoft says....
In last week's report, I held out the prospect that the US government rescue package might result in a change in sentiment in financial mark...
|
Professional Website Design For Corporate - Get a Free Quote Today
Partners   
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
