Yahoo! Canada Finance: Aerospace/Defense - Major Diversified Industry News

ACE Aviation says oil fall may aid Air Canada sale

Fri, 08 Aug 2008 16:10:00 GMT

Reuters - TORONTO (Reuters) - The recent drop in oil prices is expected to help ACE Aviation in its efforts to part with its 75 percent stake in Air Canada and wind up its holding company structure, ACE Chief Executive Robert Milton said on Friday.

Stratasys to Ship New Direct Digital Manufacturing Machine

Fri, 08 Aug 2008 14:49:30 GMT

Business Wire - (NASDAQ: SSYS) Stratasys announced it has begun commercial shipment of its new FDM 900mc direct digital manufacturing machine.

Nortech Systems to Report Second Quarter Results August 13

Fri, 08 Aug 2008 14:14:21 GMT

Business Wire - Nortech Systems Incorporated (Nasdaq: NSYS) announces a conference call to be held at 10:00 a.m. (CDT) on Thurs., Aug. 14, 2008, to discuss the company’s second quarter results, which will be released on Aug. 13.

DRS Technologies Declares Quarterly Dividend

Fri, 08 Aug 2008 13:30:18 GMT

Business Wire - DRS Technologies, Inc. (NYSE: DRS) today announced that its board of directors has declared a quarterly cash dividend of $0.03 per share on the company’s common stock.

ACE Aviation profit jumps on gains from asset sales

Fri, 08 Aug 2008 12:49:00 GMT

Reuters - TORONTO (Reuters) - Profit at ACE Aviation Holdings Inc , parent company of Air Canada , rose sharply in the second quarter due to pretax gains from the sale of its remaining holdings in its Jazz and Aeroplan units

Commercial Fluid Power, a Hybrid Metal Service Center and Fabricator, to Implement Verticent ERP

Fri, 08 Aug 2008 12:32:02 GMT

Business Wire - Verticent, Inc., a vertically centric developer of enterprise software solutions for metal service centers and metal fabricators, announced today that Commercial Fluid Power will implement the Verticent ERP solution at each of its six plants.

ATK Operated Facility Wins Prestigious Army Award

Fri, 08 Aug 2008 12:30:59 GMT

PRNewswire - Alliant Techsystems (NYSE: ATK), which operates the Radford Army Ammunition Plant (RFAAP) in southwestern Virginia, has jointly received with the U.S.

Universal Weather and Aviation, Inc. Contracts for PASSUR(R) Suite of Services

Fri, 08 Aug 2008 12:30:43 GMT

PRNewswire - PASSUR Aerospace, Inc. (OTC Bulletin Board: PSSR) announced today that Universal Weather and Aviation, Inc. has contracted for the PASSUR suite of corporate solutions, to include PASSUR Fuel Portal(TM).

MAG Maintenance Technologies Selected by Lockheed Martin for Strategic Global Service Alliance

Fri, 08 Aug 2008 12:02:35 GMT

Business Wire - MAG Maintenance Technologies (Hebron, KY) has been awarded a unique, broad-reaching purchasing agreement by Lockheed Martin that covers global service and support of manufacturing equipment, enables lean efficiencies and economies, and provides a schedule of discounts to Lockheed Martin as the volume of work increases.

Lockheed Martin Appoints Marillyn Hewson President, Lockheed Martin Systems Integration-Owego

Fri, 08 Aug 2008 12:01:29 GMT

PRNewswire - Lockheed Martin Corp. (NYSE: LMT) today announced the appointment of Marillyn A. Hewson as president of Lockheed Martin Systems Integration-Owego, effective September 1, 2008.

DRS Technologies Reports Record First Quarter Results

Fri, 08 Aug 2008 11:02:57 GMT

Business Wire - DRS Technologies, Inc. (NYSE: DRS) today reported record financial results for the first quarter of fiscal 2009, which ended June 30, 2008. Results included higher revenues, operating income, net earnings and earnings per share than the same period a year earlier.

Octuple the Craziness with AirTran Airways' Crazy Eights Sale

Fri, 08 Aug 2008 09:00:27 GMT

PRNewswire - AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), today launched a Crazy Eights Sale with fares starting as low as $48* and all fares end in the number "8" in honor of the date 08/08/08.

Air France Industries Selects Anubex to Modernize Software Applications

Fri, 08 Aug 2008 09:00:17 GMT

Business Wire - Anubex, leader in enterprise application modernization, is pleased to announce it has been awarded a contract to migrate and modernize software used by Air France Industries, the aircraft maintenance division of Air France.

UTEK Corporation's TekScout(TM) and the American Physical Society Announce Alliance

Fri, 08 Aug 2008 06:00:41 GMT

Business Wire - UTEK Corporation (AMEX:UTK) (LSE-AIM:UTK), an innovation services company, and the American Physical Society (APS), a professional organization of physicists, today announced an alliance which will bring together UTEK’s TekScout service and APS’s membership of approximately 46,000 research scientists and science educators.

Perot Systems Awarded Re-Compete for Navy SUBMEPP

Thu, 07 Aug 2008 20:44:12 GMT

PRNewswire - Perot Systems Corporation (NYSE: PER) today announced that its Government Services unit won the re-compete award for the Navy's Submarine Maintenance Engineering, Planning and Procurement (SUBMEPP) contract.

Griffon Corporation Announces Rights Offering to Fund Future Growth

Thu, 07 Aug 2008 20:16:52 GMT

PRNewswire - Griffon Corporation (NYSE: GFF) announced today a 20 million share common stock rights offering to its shareholders in order to raise equity capital for general corporate purposes and to fund future growth.

Quality Products Announces Results For the Three and Nine Months Ended June 30, 2008

Thu, 07 Aug 2008 20:05:31 GMT

Business Wire - Quality Products, Inc. (Pink Sheets: QPDC), a manufacturer and distributor of aircraft ground support equipment (“Columbus Jack & Regent Manufacturing”) and hydraulic press machine tools (“Multipress”), today reported fiscal 2008 third quarter and nine months operating results.

U.S. Air Force to License Launch Complex 36 to Space Florida

Thu, 07 Aug 2008 18:28:43 GMT

Business Wire - A landmark announcement by the U.S. Air Force and the state of Florida today will fundamentally...

GeoEye to Webcast Second Quarter 2008 Earnings Conference Call

Thu, 07 Aug 2008 17:19:06 GMT

PRNewswire - GeoEye (Nasdaq: GEOY) will Webcast its quarterly conference call with investors on Wednesday, Aug. 13, 2008 beginning at 11:00 a.m. EDT.

Sikorsky Aerospace Services Launches Time-Saving Tool for H.S.I. Customers

Thu, 07 Aug 2008 17:13:51 GMT

PRNewswire - Helicopter Support, Inc. (H.S.I.), a Sikorsky Aerospace Services company, announced today the launch of a new Internet tool that makes transacting business with H.S.I. easier, faster and more efficient.

General Dynamics Awarded NSA Contract to Add Switched Network Compatibility to the Sectera(R) vIPer(TM) Universal Secure Phone

Thu, 07 Aug 2008 17:00:37 GMT

PRNewswire - General Dynamics C4 Systems has been awarded a $2.8 million contract by the National Security Agency (NSA) to add a new Public Switched Telephone Network (PSTN) feature to the Sectera(R) vIPer(TM) Universal Secure Phone.

Boeing, British Airways, GECAS Finalize Deal for up to 10 777-300ERs

Thu, 07 Aug 2008 16:47:34 GMT

PRNewswire - Boeing (NYSE: BA) and British Airways have signed an order for two Boeing 777-300ER jetliners valued at $529 million at list prices.

Boeing, Azerbaijan Airlines Announce Order for 737s and 767s

Thu, 07 Aug 2008 16:24:18 GMT

PRNewswire - Boeing (NYSE: BA) and Azerbaijan Airlines have finalized an order for two Boeing Next-Generation 737-900ERs and two 767-300ERs.

Southwest Airlines Holds Online Casting Call for Ultimate Blog-o-spondent

Thu, 07 Aug 2008 16:20:51 GMT

PRNewswire - America holds auditions for hot new models, undiscovered singers, and dancers who want to make it big.

EMRISE Corporation's Pending Acquisition of Advanced Control Components, Inc. Receives New Jersey Environmental Clearance

Thu, 07 Aug 2008 15:58:32 GMT

Business Wire - EMRISE CORPORATION (NYSE Arca: ERI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced that privately held, Eatontown, N.J.-based Advanced Control Components, Inc. (“ACC”) received clearance from the New Jersey Department of Environmental Protection (“NJDEP”) for the pending acquisition of ACC by EMRISE.

CPS Technologies Corporation Announces Second Quarter 2008 Results

Thu, 07 Aug 2008 15:44:51 GMT

Business Wire - CPS Technologies Corporation (CPS) (OTC Bulletin Board: CPSH) today announced revenue of $4.5 million and net income of $567 thousand or $0.05 per basic and $0.04 per diluted common share for the fiscal quarter ended June 28, 2008.

StandardAero Officially Breaks Ground on Turbine-Engine-Overhaul Facility Expansion

Thu, 07 Aug 2008 15:04:48 GMT

CNW Group - Due to growth in turbine-engine-overhaul contracts, StandardAero, a DAE Engineering company, is celebrating the official ground breaking of an 80,000 square foot expansion to their Winnipeg facilities to accommodate the expected engine throughputs.

Strategic win strengthens MDA's position in the UAV surveillance market

Thu, 07 Aug 2008 14:52:44 GMT

CNW Group - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that the Canadian Department of National Defence (DND) has awarded a contract to MDA for a long endurance unmanned aerial vehicle (UAV) surveillance solution to support the Canadian Forces in Afghanistan.

TME Systems Partners with U.S. Software Company AGI to Serve Southeast Asian Aerospace and Defense Customers

Thu, 07 Aug 2008 14:49:12 GMT

PRNewswire - AGI, developer of commercially available analysis software for the national security and space communities, announces its new partnership with TME Systems, the premier distribution center of new technologies in Southeast Asia and a Singapore SME 500 company.

General Dynamics Board Elects Gallopoulos Vice President

Thu, 07 Aug 2008 14:30:23 GMT

PRNewswire - The board of directors of General Dynamics (NYSE: GD) yesterday elected Greg Gallopoulos a vice president of the corporation.

Leading Jet Engine Manufacturer Opts for Pacelab Software

Thu, 07 Aug 2008 14:30:15 GMT

PRNewswire - GE Aviation, a leading manufacturer of civil and military jet engines, will equip its development and technical marketing teams with software solutions from Berlin-based IT provider PACE.

Vector Intersect and Cyalume Six-Month 2008 Net Income Reaches $1.5 Million Versus Loss in 2007

Thu, 07 Aug 2008 14:05:40 GMT

PRNewswire - Cyalume Light Technologies Inc. ("Cyalume"), a private company that is a leading provider of safety, security and training products for the US military and other militaries announced preliminary unaudited financial results for the first six months of 2008.

Atlas Air Worldwide Holdings, Inc. 2Q08 Pretax Income Totals $6.6 Million; Net Income $1.5 Million, $0.07 Per Share

Thu, 07 Aug 2008 13:41:21 GMT

Business Wire - Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq: AAWW), a leading provider of global air cargo services, today announced operating and financial results for the second quarter of 2008.

EMRISE Corporation Reports 2008 Second Quarter Financial Results

Thu, 07 Aug 2008 13:09:29 GMT

Business Wire - EMRISE CORPORATION (NYSE Arca:ERI), a multinational designer, manufacturer and marketer of proprietary electronic devices and communications equipment for aerospace, defense, industrial, and communications applications, today announced financial results for three and six months ended June 30, 2008.

Orbit International Corp. Reports 2008 Second Quarter Results

Thu, 07 Aug 2008 13:08:17 GMT

Business Wire - Orbit International Corp. (NASDAQ:ORBT), an electronics manufacturer, systems integrator and software solution provider, today announced results for the second quarter and six months ended June 30, 2008.

RADA Electronic Industries Ltd. has Received $1.5M Follow-on Production and Maintenance Orders

Thu, 07 Aug 2008 13:02:15 GMT

PRNewswire - RADA Electronic Industries Ltd. (NASDAQ: RADA), announced today that it has recently received follow-on production and maintenance orders with total value exceeding $1,500,000 to deliver Video Recorders, Head Up Display Cameras, Ground Debriefing Stations and other products to various customers.

Lockheed Martin Team Completes Testing of Propulsion Component for MDA's Multiple Kill Vehicle-L

Thu, 07 Aug 2008 13:01:19 GMT

PRNewswire - Lockheed Martin (NYSE: LMT) announced today that its team has successfully completed testing of a key propulsion system component for the U.S. Missile Defense Agency's Multiple Kill Vehicle-L (MKV-L) payload.

Innodata Isogen Reports Year-over-Year Revenue Growth in Q2 2008

Thu, 07 Aug 2008 13:01:06 GMT

Business Wire - INNODATA ISOGEN, INC. (NASDAQ: INOD), today announced revenue of $17,870,000 for the second quarter of 2008, up 9% from revenue of $16,347,000 in the second quarter of 2007, but down 3% from revenue of $18,400,000 in the first quarter of 2008.

Merrill Lynch Chairman and CEO John A. Thain Named Chairman of USS NEW YORK Commissioning Committee

Thu, 07 Aug 2008 12:03:33 GMT

PRNewswire - The USS NEW YORK Commissioning Committee today announced that John A. Thain, chairman and chief executive...

CACI Appoints James L. Pavitt to Board of Directors

Thu, 07 Aug 2008 12:03:05 GMT

PRNewswire - CACI International Inc (NYSE: CAI) announced today that it has appointed James L. Pavitt, former Deputy...

ATK Announces 5 Million Share Repurchase Authorization

Thu, 07 Aug 2008 11:29:09 GMT

PRNewswire - Alliant Techsystems (NYSE: ATK) announced today that its board of directors has authorized the repurchase of up to 5 million shares of the company's common stock.

ATK Reports FY09 First Quarter Earnings - Up 9 Percent to $1.64 Per Share

Thu, 07 Aug 2008 11:27:10 GMT

PRNewswire - Alliant Techsystems (NYSE: ATK) reported today that earnings per share (EPS) in the first quarter of fiscal year 2009, which ended on June 29, rose 9 percent from the prior-year quarter to $1.64.

Alliant Techsystems and BAE Systems Team for JATAS Program

Thu, 07 Aug 2008 11:26:25 GMT

PRNewswire - Alliant Techsystems (NYSE: ATK) and BAE Systems have teamed to compete for the upcoming U.S. Navy and...

Statement by Elon Musk, CEO and CTO, SpaceX

Thu, 07 Aug 2008 05:00:34 GMT

Business Wire - The following is a statement by Elon Musk, CEO and CTO, SpaceX:

Kaiser Aluminum Reports Second Quarter 2008 Financial Results

Wed, 06 Aug 2008 22:45:25 GMT

Business Wire - Kaiser Aluminum Corporation (NASDAQ:KALU) today reported net income of $22.8 million for the second quarter 2008, compared to net income of $34.7 million for the second quarter 2007.

Pentagon presents companies with terms for tanker rebid

Wed, 06 Aug 2008 21:45:00 GMT

AFP - WASHINGTON (AFP) - The Pentagon presented Northrop Grumman and Boeing with revised terms Wednesday for a 35-billion dollar contract to produce a new generation of aerial refueling tankers, a senior Pentagon official said.

Boeing Forecasts Continued Strong Air Cargo Traffic Growth

Wed, 06 Aug 2008 21:43:43 GMT

PRNewswire - The Boeing Company (NYSE: BA) projects that the global air cargo market will continue to exhibit strong, long-term growth, according to the company's Current Market Outlook 2008.

Pratt & Whitney Donates $18,200 to Palm Beach Community College's Math & Science Summer Institute

Wed, 06 Aug 2008 20:51:25 GMT

PRNewswire - Pratt & Whitney, a United Technologies Corp. (NYSE: UTX) company, has contributed $18,200 to Palm Beach Community College's Math & Science Summer Institute.

CPI International Announces Third Quarter 2008 Financial Results

Wed, 06 Aug 2008 20:30:24 GMT

PRNewswire - CPI International, Inc. (Nasdaq: CPII), the parent company of Communications & Power Industries, Inc., a leading provider of microwave, radio frequency, power and control solutions for critical defense, communications, medical, scientific and other applications, today announced financial results for its third quarter of fiscal 2008, which ended June 27, 2008.

L-3 Selected for Air Force Weapon Systems Support Contract

Wed, 06 Aug 2008 20:17:51 GMT

Business Wire - L-3 Communications (NYSE: LLL) today announced it has been selected as a prime contractor for a U.S.

General Dynamics Board Declares Dividend, Authorizes Share Repurchases

Wed, 06 Aug 2008 20:15:28 GMT

PRNewswire - The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of 35 cents per share on the company's common stock, payable November 14, 2008, to shareholders of record on October 10.

Carlisle Companies Announces Management Changes

Wed, 06 Aug 2008 20:06:15 GMT

Business Wire - Carlisle Companies Incorporated (NYSE:CSL) Chairman, President and CEO, David A. Roberts...

Lionax Added TPMS 'safety lock' to China's Shenzhou VII Spacecraft Takeoff

Wed, 06 Aug 2008 19:45:59 GMT

PRNewswire - LIONAX, the first Chinese company listed on Euronext, today announces that it has recently equipped China's Shenzhou VII spacecraft takeoff with its TPMS "safety lock" technology.

General Dynamics Awarded Contract for Continued Stryker Production

Wed, 06 Aug 2008 19:31:59 GMT

PRNewswire - The U.S. Army TACOM Lifecycle Management Command has awarded General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), a contract for production and maintenance of 615 Stryker vehicles.

Northrop Grumman Statement Regarding Request for Proposal for Tanker

Wed, 06 Aug 2008 19:24:28 GMT

PRNewswire - The following is a statement of Randy Belote, Northrop Grumman Vice President, Corporate & International Communications, concerning today's release of a draft Request For Proposals for the next generation of aerial refueling tankers.