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Honeywell (HON)

Honeywell Aerospace officials said that the 265-person layoff reported to the state of Arizona stems from work being shifted from Phoenix to locations in Mexico and Czech Republic.
Honeywell spokesman Bill Reavis the action is part of a 700-postion shift of aerospace positions from Phoenix to Chihuahua, Mexico, and Olomouc, Czech Republic.

Jan 1 · 2:43:00 PM · Source: MSN Money
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by Michael Oliveto

Honeywell (HON)

Pioneer Corp. has reached a patent agreement with Honeywell granting it the right to use Pioneer's technology for automotive and portable GPS navigation devices. The agreement also grants to Pioneer the right to use Honeywell's patented technology for navigation devices.
Pioneer had filed a complaint with the International Trade Commission against Honeywell and Garmin International Inc. for infringing Pioneer's GPS navigation patents, including U.S. Patent Nos. 5,424,951 and 6,122,592. Honeywell will be released from the matter while the investigation against Garmin will continue. In a separate investigation at the ITC begun by Honeywell against Pioneer and others more than one year ago, Pioneer received a favorable ruling from the Administrative Law Judge. It was found that Pioneer products do not infringe any valid claim of the asserted Honeywell patents. The matter will now be terminated following ITC approval.

Jan 1 · 2:41:00 PM · Source: EE Times Asia
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by Michael Oliveto

General Dynamics (GD)

General Dynamics Ordnance and Tactical Systems has been awarded a $6.1 million modification to a previously awarded defense contract.
The contract is for logistics for expeditionary fire support system transportable vehicles, a U.S. Department of Defense release said.

Dec 31 · 3:57:00 PM · Source: MSN Money
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by Michael Oliveto

General Dynamics (GD)

General Dynamics' Armament and Technical Products division has brought in $33.6 million from the U.S. Army for armor tiles for personnel carriers, according to the U.S. Department of Defense.
Under the deal, General Dynamics Armament and Technical Products will supply the Army with 144 Bradley reactive armor tile sets for the Army’s Bradley Fighting Vehicle. Work on the contract will be performed in Stoughton, MA, Fall River, MA, Burlington, VT, Lyndonville, VT, and Simsbury, CT, as well as in Minnesota, Mississippi, New Jersey and Israel. The U.S. Department of Defense expects the work on the deal to be completed by November 30.

Dec 31 · 3:56:00 PM · Source: Mass High Tech
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by Michael Oliveto

United Technologies (UTX)

The Department of Defense reported that it gave an approximately $171.1 million contract to a United Technologies division to make and convert 14 airplanes for the United Arab Emirates.
Sikorsky Aircraft Corp. will work on the UH-60M aircraft project in Stratford, CT. Work is expected to be completed on December 31, 2012.

Dec 31 · 2:11:00 PM · Source: MSN Money
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by Michael Oliveto

Boeing (BA)

Boeing’s St. Louis-based defense unit won a $12.4 million contract with the U.S. Navy to repair various components of the F/A-18 Super Hornet fighter jet.
Work will be performed in Lemoore, CA (57%), Cecil Field, FL. (40%) and Philadelphia, PA (3%), and be completed by December 31, 2010, the Pentagon said.

Dec 31 · 11:22:00 AM · Source: St Louis Business Journal
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by Michael Oliveto

Boeing (BA)

Boeing’s St. Louis-based defense unit won a $54 million contract from the U.S. Navy for F/A-18 Super Hornet fighter jets and E/A-18G Growler aircraft, the Pentagon said late Monday.
Earlier this month,legislators approved a $636 billion defense spending bill that included billions of dollars in work for Boeing’s defense division.

Dec 29 · 1:03:00 PM · Source: MSN Money
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by Michael Oliveto

Boeing (BA)

Boeing has won a $750 million U.S. Air Force contract for modernization and maintenance of the B-52 Stratofortress bomber fleet's weapons system.
Boeing is among the best-positioned companies among its defense peers due to its balanced exposure to commercial aircraft and defense equipment.

Dec 29 · 12:57:00 PM · Source: Benzinga
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by Michael Oliveto

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