Aerospace & Defense
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Abu Dhabi's Etihad sees 2012 revenue above $5 billion: CEO
ABU DHABI - Unlisted Etihad Airways forecasts its revenue will pass the $5 billion mark this year, its chief executive said on Sunday.
Abu Dhabi's Etihad sees 2012 revenue above $5 billion: CEO
ABU DHABI - Unlisted Etihad Airways forecasts its revenue will pass the $5 billion mark this year, its chief executive said on Sunday.
Crucial vote nears in Boeing contract talks
SEATTLE - One of Boeing's chief labor unions staged rallies in and around Seattle this week, calling attention to a vote set for Monday that will show whether workers are willing to accept a less generous contract offered by Boeing Co or move closer to a strike.
Syria's Assad to win, victory to be Tehran's too: Iran official
DUBAI - Syrian President Bashar al-Assad will defeat an uprising against him, scoring a victory over the United States and its allies in a move that will also represent a triumph for Iran, an advisor to Iran's supreme leader was quoted as saying on Saturday.
Lockheed-Boeing joint venture wins $1.17 billion Pentagon contract
WASHINGTON - The U.S. Defense Department on Friday awarded United Launch Alliance, a 50-50 joint venture of Lockheed Martin Corp and Boeing Co a contract valued at $1.17 billion to provide satellite launches using its Delta IV and Atlas V rockets.
Pentagon seeks competition for sustainment of Lockheed F-35
WASHINGTON - The Pentagon on Friday said it was seeking to open the long-term sustainment of the Lockheed Martin Corp F-35 fighter program to competition from other companies as part of an overall drive to lower the cost of the new stealthy warplane.
Defense cuts force Southern Air to file for bankruptcy
- U.S. cargo airline Southern Air Inc filed for bankruptcy protection early on Friday, citing cutbacks in defense budget and U.S. troop reduction in Afghanistan.
Germany puts forward demands in EADS-BAE talks
BERLIN - Plans to create a new European defence giant entered a crucial political phase on Friday as Germany prepared to seek equal standing with France in a planned $45 billion merger of Airbus parent EADS and Britain's BAE Systems .
Analysis: Bomb ticks on EADS pact as politics cloud merger
PARIS - Doubts are growing over the resilience of a Franco-German shareholder pact at the heart of EADS , placing a new timebomb under $45-billion European merger talks with British defense contractor BAE Systems .
Obama's lead over Romney dips to 5 points: Reuters/Ipsos poll
WASHINGTON - President Barack Obama's lead over Republican Mitt Romney dipped slightly to five percentage points ahead of next week's first debate in the race for the White House, according to a Reuters/Ipsos poll released on Friday.
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