New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 18, 2013
07:40 EDTBA, LMT, EADSY, ALNPYBatteries used in Dreamliners raised concerns before, WSJ reports
Batteries like those related to Boeing's (BA) 787 Dreamliner have raised growing concerns with air-safety regulators in recent years, reports the Wall Street Journal. But It remains unclear whether those batteries, produced by Japan's GS Yuasa Co., caused the problems on two Dreamliners operated by All Nippon Airways and Japan Airlines. Other factors could have contributed to the incidents, say industry officials. The power cells posed a risk because they can be highly flammable. Lithium batteries are vulnerable to overheating if overcharged, or if discharged too rapidly, and overheated or damaged batteries can catch fire. They burn at extremely high temperatures, may emit flammable vapors, flames or sparks, and can even explode, the Journal reports. Also, lithium batteries are being used more widely in aircraft. The U.S. military's new F-35 Lightning II Joint Strike Fighter jet uses ones produced by a unit of French battery maker Saft Groupe. No safety incidents have been publicly reported. Lockheed Martin (LMT) builds the fighter. Airbus (EADSY) uses small lithium batteries for emergency power on its two-deck A380 superjumbo.The company plans to use bigger lithium batteries on its new A350 model, but those cells still will be smaller than those aboard the Dreamliner. What's unusual about the Dreamliner is that it relies on electric power for most of its functions. Reference Link
News For BA;LMT;EADSY;ALNPY From The Last 14 Days
Check below for free stories on BA;LMT;EADSY;ALNPY the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
September 16, 2014
07:15 EDTLMTPratt expects upcoming F-35 agreements to reduce espenses, Reuters says
Subscribe for More Information
06:44 EDTBABoeing may beat out SpaceX for NASA contract to ferry astronauts, WSJ says
Subscribe for More Information
06:34 EDTBA, LMTBoeing, Lockheed ally with Amazon CEO on rocket engine, Reuters says
Subscribe for More Information
06:29 EDTLMTPratt & Whitney close to engine supply deal with Pentagon, WSJ reports
Subscribe for More Information
06:09 EDTEADSYAirbus Defense, Space to sell some divisions
Subscribe for More Information
September 15, 2014
17:40 EDTBABoeing awarded $130M government contract modification
Boeing Company, Mesa, Arizona, was awarded a $130M modification to fixed-price incentive, full rate production contract W58RGZ-12-C-0055; the cumulative total of the contract, before this modification, was $1.16B. This is an undefinitized contract action to build seven new Apache AH-64E helicopters. FY13 and FY14 other funds in the amount of $19.2M were obligated at the time of the award. Work will be performed in Mesa, Arizona, with an estimated completion date of March 31, 2017.
17:28 EDTBABoeing awarded $293.2M government contract modification
Subscribe for More Information
10:34 EDTLMTLockheed exec says company created Israel division, WSJ says
Lockheed Martin's vice president of research and technology, Haden Land. said that the company created a technology-focused Israeli division in an effort to be granted new defense projects in the country, according to The Wall Street Journal, citing comments from Land. Reference Link
10:29 EDTLMTLockheed, Advanced Electronics establish Saudi Arabia facility
Subscribe for More Information
07:42 EDTBAMorgan Stanley to hold a conference
Subscribe for More Information
07:22 EDTBA, LMTAir Force Association to hold a conference
Subscribe for More Information
September 12, 2014
17:44 EDTLMTBAE Systems, others collectively awarded $5.04B government contract
Subscribe for More Information
September 11, 2014
17:26 EDTLMTLockheed Martin awarded $147.49M government contract
Lockheed Martin is being awarded a not-to-exceed $147.49M firm-fixed-price, cost-plus-fixed fee, and cost-type-letter contract for low rate initial production and fielding of Surface Electronic Warfare Improvement Program, or SEWIP, Block 2 systems. SEWIP is an evolutionary acquisition and incremental development program which upgrades existing out-of-production AN/SLQ-32V electronic warfare systems by providing improved electronic support receivers and combat system interface. This contract includes options, which, if exercised, would bring the cumulative value to $158.79M. Work is expected to be completed by September 2017.
12:16 EDTEADSYAirbus settles A380 delivery disagreement with Qatar Airways, Reuters says
Subscribe for More Information
09:01 EDTBAAlcoa signs multiyear supply contract with Boeing valued at over $1B
Alcoa (AA) has signed a long-term contract to supply aluminum sheet and plate products to Boeing (BA). The multiyear contract, valued at more than $1B, is the largest ever between the two companies. Notably, the agreement makes Alcoa sole supplier to Boeing for wing skins on all of its metallic structure airplanes. Alcoa plate products, used in applications such as wing ribs, wing skins or other structural parts of the aircraft, will also be on every Boeing platform, including the 787 Dreamliner. Finally, the agreement establishes a foundation for continued collaboration on new, high-strength and corrosion-resistant alloys, including aluminum-lithium that could be used for complex structural applications.
08:22 EDTEADSYAirbus head knocks German government regarding export bar, Reuters says
Airbus CEO Fabrice Bregier knocked the German government regarding its restrictive export rule on defense products by saying that the law could prevent global partners from collaborating on defense initiatives in the future, according to Reuters, citing comments from Bregier. Reference Link
September 10, 2014
09:14 EDTBABoeing receives first order for 502 Phoenix small satellite
Boeing received its first commercial order for the 502 Phoenix small satellite from HySpecIQ of Washington, D.C. The satellites will carry the commercial remote sensing industry’s first hyperspectral payload, capable of providing spectral imaging fidelity. Boeing will deliver a complete satellite system initially consisting of two satellites, available for launch in 2018, command and control operations, image processing, and data storage of collected imagery. The contract includes options for long-term operations and maintenance.
September 9, 2014
13:51 EDTEADSYNTSB finds UPS flight 1354 crashed due to 'unstabilized approach'
Subscribe for More Information
09:37 EDTBABoeing announces agreement with GA Telesis
Subscribe for More Information
06:17 EDTBABoeing up against pressure to boost 737 production rate, Reuters says
Subscribe for More Information
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use