Top Story
Northrop Grumman Corp. said Monday that it was dropping out of the race for a $35-billion Pentagon contract to build 179 aerial refueling tankers, leaving its rival Boeing Co. as the sole bidder for one of the largest military contracts in U.S. history.
>> More
Headline News :
3M Co. has agreed to buy MTI PolyFab Inc., a Canadian manufacturer of thermal and acoustic insulation for the aerospace industry for $24 million, in a deal announced Monday.
In recent weeks, Basque Aeronautics has increase the range of its customers and market niches.
European Aeronautic Defence & Space Co. said Tuesday it swung to a loss in 2009 as problem contracts weighed on results despite solid underlying performance in a sluggish commercial-aviation market.
>> More News