International Business News - LMT http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The Air Force has awarded a $6.9 billion contract for spare parts to a variety of contractors for all of the service's managed weapons systems. Included in the award, announced Wednesday, are subsidiaries of Boeing Co., L-3 Communications Corp., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Co., and Science Applications International Corp. http://www.ibtimes.com/articles/20080723/defense-firms-split-6-9b-parts-deal.htm Wed, 23 Jul 2008 20:16:22 EDT Among the earnings stories for Tuesday, July 22, from AP Financial News: CHICAGO (AP)--Futures exchange operator CME Group Inc. said Tuesday its second-quarter profit rose sharply, benefiting from the integration of last year's acquisition of the Chicago Board of Trade. http://www.ibtimes.com/articles/20080722/earnings-roundup-cme-group-ak-steel.htm Tue, 22 Jul 2008 19:55:28 EDT Lockheed Martin Corp., the nation's largest defense contractor, received a $7.8 million contract order from the Navy to provide logistics support for a new workstation, the Pentagon said late Tuesday. http://www.ibtimes.com/articles/20080722/lockheed-martin-gets-7-8m-navy-contract.htm Tue, 22 Jul 2008 17:41:55 EDT The nominee to lead the Air Force said Tuesday a recent report detailing numerous problems with a $35 billion tanker contract was "troubling," and he is planning reviews of the service's process of awarding contracts. http://www.ibtimes.com/articles/20080722/air-force-nominee-changes-needed-in-contracting.htm Tue, 22 Jul 2008 14:08:17 EDT Among the earnings stories for Tuesday, July 22, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080722/earnings-roundup-ups-lockheed-martin.htm Tue, 22 Jul 2008 10:45:51 EDT Lockheed Martin Corp. posted a 13 percent increase in second-quarter earnings Tuesday, beating Wall Street expectations and prompting the company to raise its yearly outlook as it made up a drop in fighter jet sales with strength in its other business units. http://www.ibtimes.com/articles/20080722/lockheed-2q-profit-up-13-percent.htm Tue, 22 Jul 2008 17:03:50 EDT Nominees for the Air Force's top two jobs will take center stage at a Senate confirmation hearing Tuesday as defense firms and investors look for clues on how the Pentagon changes could affect some big defense programs. http://www.ibtimes.com/articles/20080722/ahead-of-the-bell-air-force-hearing.htm Tue, 22 Jul 2008 06:19:25 EDT Major business events and economic events scheduled for Tuesday: NEW YORK--Treasury Secretary Paulson speaks on markets and the economy. http://www.ibtimes.com/articles/20080721/calendar-of-major-business-events-for-tuesday.htm Mon, 21 Jul 2008 15:22:28 EDT Major business events and economic events scheduled for the coming week (some dates are tentative): MONDAY, July 21 http://www.ibtimes.com/articles/20080718/business-economic-events-for-the-coming-week.htm Fri, 18 Jul 2008 17:45:02 EDT Defense contractor Lockheed Martin Corp., reports second-quarter earnings on Tuesday before the opening bell. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080718/healthy-2q-expected-for-lockheed.htm Fri, 18 Jul 2008 13:38:50 EDT Lockheed Martin Corp., the world's largest defense supplier, received a $119.2 million contract from the Air Force to provide advanced materials for a military satellite communications system, the Pentagon said late Thursday. http://www.ibtimes.com/articles/20080717/lockheed-martin-gets-119-2m-air-force-deal.htm Thu, 17 Jul 2008 18:00:11 EDT The Defense Department has notified Congress of a proposed contract worth up to $1.9 billion to supply as many as four naval combat ships to the Israeli government. http://www.ibtimes.com/articles/20080717/pentagon-notifies-congress-of-israeli-ship-deal.htm Thu, 17 Jul 2008 12:55:30 EDT The Idaho attorney general has concluded that state tax commissioners broke no laws by settling tax protests with large, often out-of-state corporations. http://www.ibtimes.com/articles/20080717/ag-says-idaho-tax-commission-did-nothing-illegal.htm Thu, 17 Jul 2008 11:02:52 EDT Three defense contractors said Wednesday that they plan to make a multi-purpose missile that can be used for the new stealth fighters and unmanned planes that are expected to be a staple of U.S. air power in the next several decades. http://www.ibtimes.com/articles/20080716/multi-purpose-missile-planned-for-fighter-jets.htm Wed, 16 Jul 2008 11:11:50 EDT Kuwait and South Korea have placed separate orders worth a combined $194.5 million with defense contractor Raytheon Co. for its Patriot air defense and missile system, the company said Tuesday. http://www.ibtimes.com/articles/20080715/raytheon-nabs-194-5m-in-foreign-sales-for-patriot.htm Tue, 15 Jul 2008 00:15:42 EDT A unit of Griffon Corp. announced Monday that it has received a $71.5 million order from Lockheed Martin Systems Integration for radar technology to be used in U.S. Navy helicopters. http://www.ibtimes.com/articles/20080714/griffon-unit-gets-71-5m-helicopter-radar-contract.htm Mon, 14 Jul 2008 11:19:34 EDT A unit of General Electric Co. said Monday it was selected by Lockheed Martin Corp. to supply open systems avionics for Lockheed's C-130J aircraft in a deal worth more than $30 million over the life of the program. http://www.ibtimes.com/articles/20080714/ge-unit-to-supply-avionics-for-lockheed-aircraft.htm Mon, 14 Jul 2008 08:03:33 EDT Lockheed Martin Corp.'s chairman Robert J. Stevens urged European regulators to continue to promote transparency and competition, warning that the idea that protectionism would strengthen markets is misguided. http://www.ibtimes.com/articles/20080714/lockheed-martin-urges-transparency.htm Mon, 14 Jul 2008 00:43:28 EDT Lockheed Martin Corp.'s chairman Robert J. Stevens on Sunday urged European regulators to further promote transparency and competition, warning that the idea that protectionism would strengthen markets is misguided. http://www.ibtimes.com/articles/20080713/lockheed-martin-urges-transparency.htm Sun, 13 Jul 2008 18:02:47 EDT Defense contractor Lockheed Martin Corp. received a $6.3 million contract from the Air Force for an intelligence sensor used aboard a U-2 aircraft during a flight test, the Pentagon said late Friday. http://www.ibtimes.com/articles/20080711/lockheed-martin-gets-6-3m-air-force-deal.htm Fri, 11 Jul 2008 18:05:38 EDT