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BAE buys U.S. shipyardsLondon (UPI) May 24, 2010 Britain's BAE systems has acquired the U.S.-based Atlantic Marine ship repair company in a $352 million deal that affords Europe's largest defense contractor the bulk of the shipyard's facilities from private equity company J.F. Lehman. The deal effectively gives BAE control of Atlantic Marine's four shipyards situated along the U.S. Gulf and East coasts. The private equity firm, Lehman, will retain operations in Boston and Philadelphia. BAE's interest in the Atlantic goes back several y ... read more |
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Denver CO (SPX) May 25, 2010Lockheed Martin has announced that it has been awarded a four-year contract to supply the Finnish Air Force with an airborne surveillance system and associated ground systems. The value of this contract is approximately $100 million. "Lockheed Martin is honored to work with the Finnish Air Force," said John Mengucci, President of Lockheed Martin Information Systems and Global Services-Defe ... more  
Tel Aviv, Israel (UPI) May 21, 2010 Israel, facing the threat of a massive missile attack by Iran and its proxies, breathed a sigh of relief after the U.S. Congress overwhelmingly approved giving it $205 million to buy 10 batteries of a new missile-defense system. The architect of the U.S. move was Israel's defense minister, Ehud Barak, the nation's most decorated war hero and a former chief of staff. He was also p ... more  
Washington (UPI) May 21, 2010 The Pakistani army showed no hesitation about pursuing and killing Taliban insurgents everywhere except in North Waziristan, one of the seven tribal areas where different terrorist groups have long enjoyed a privileged sanctuary. When Pakistani army chief Gen. Ashfaq Parvez Kayani was in Washington six weeks ago, he briefed his American interlocutors on the army's plan for North Waziris ... more |
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  Singapore navy testing unmanned mine-hunter: report   MISR Provides Unique Views Of Gulf Oil Slick   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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SMOS Water Mission Goes LiveParis, France (ESA) May 24, 2010 ESA's SMOS satellite completed its six-month commissioning this week and formally began operational life. This milestone means the mission is now set to provide much-needed global images of soil moisture and ocean salinity to improve our understanding of the water cycle. The Soil Moisture and Ocean Salinity (SMOS) satellite was launched on 2 November last year, and has since undergone an intense programme of calibration and commissioning in preparation for its life in service. At a three-day ... read more |
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