United States

Aerospace and Defense

Topics also related to Technology:


Defense companies eye deals in 2010

NEW YORK Aerospace and defense mergers will pick up in 2010 as larger companies seek targets in areas such as intelligence surveillance and take advantage of lower valuations, executives told Reuters this week.


Business jet demand should rebound in 2011

WASHINGTON Business jet demand is beginning to stabilize and should rebound in 2011 after a turbulent time in which the industry's products became an emblem of American corporate excess.


Give us TARP to create jobs, aero group says

WASHINGTON The U.S. aerospace industry, seeking to promote itself as a source of much-needed jobs, appealed for up to $6.4 billion from the government's bailout fund but denied that it was seeking a taxpayer handout.


EADS heartened by Pentagon comments on tanker

WASHINGTON EADS North America Chief Executive Sean O'Keefe on Wednesday said Pentagon officials had been receptive and professional in discussions with his team about the terms of a multibillion dollar refueling aircraft competition.


EADS eyes mid-cap U.S. acquisitions

WASHINGTON Airbus parent EADS is still pursuing U.S. acquisitions and aims to keep growing regardless of the outcome of an epic procurement contest with Boeing Co , EADS' top North American executive said.


Senate panel concerned over F-35

WASHINGTON The U.S. Senate Armed Services Committee said it was "deeply concerned" about Lockheed Martin Corp's F-35 fighter program, the Pentagon's costliest acquisition at roughly $300 billion.

Boeing, Lockheed may part ways for new bomber

WASHINGTON Boeing Co said it may part ways with Lockheed Martin Corp in pursuit of a potential new multibillion-dollar family of long-range U.S. bombers.

Boeing comfortable with tanker contract structure

WASHINGTON Boeing Co said on Wednesday it was comfortable bidding for billions of dollars of work building new aerial refueling planes after robust talks with the Pentagon about what was needed to make a fixed price development contract succeed.

Military demand for unmanned aircraft grow

WASHINGTON The U.S. aerospace industry on Wednesday forecast that military demand for unmanned aircraft would double over the next five years after rising 600 percent since 2004.


Aero industry: French loan plan could be model

WASHINGTON A jumbo French stimulus loan championed by President Nicolas Sarkozy could be a model for job-boosting investments needed in the U.S. aerospace industry, a top aviation industry official said on Wednesday.

U.S. aero exports off 17 percent amid slump

WASHINGTON U.S. exports of aerospace products plunged 17 percent this year to $78.9 billion amid slowing sales growth overall, the industry's chief trade association said on Wednesday.


Topics also related to Technology: