Lockheed's new spy-plane plan

Article Abstract:

An $8 billion United States army surveillance aircraft program is facing setbacks over specifications and budget pressures. Lockheed Martin Corp. is a possible option to salvage the deal after the Brazilian airplane company Empresa Brasileira de Aeronautica S.A. offered an aircraft that was considered too small.

Aircraft Manufacturing, Surveillance & Reconnaisance Aircraft, Reconnaissance Aircraft, United States. Air Force

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Lockheed's growth plan must overcome missteps: cost overruns, lost assignments weigh on new pacts

Article Abstract:

Cost overruns and poor quality at Lockheed Martin Corp. have caused the US Navy to require stricter contracts in its dealings with the defense industry company, and have prompted the Coast Guard to shift work away from Lockheed. Impacts on the firm's future business are discussed.

Management dynamics, Management, Defense industry, Company business management, Defence industry, Defence industries

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Military repair work booms: 'reset' contractors reap a bonanza amid effect of Iraqi Conflict

Article Abstract:

The ongoing Iraq War has taken its toll on military vehicles. Congress has approved $17.1 b illion to repair Army vehicles, and an additional $5.8 billion for Marine equipment. Companies like General Dynamics Corp. and BAE Systems PLC are being contracted to repair the vehicles.

Government expenditures, General services, Facilities & equipment, National Security, Iraq, Dept of the Army, United Kingdom, Economic aspects, Equipment and supplies, Aerospace industry, United States. Army, BAE SYSTEMS PLC, Maintenance and repair, General Dynamics Corp., GD, Government finance, Military vehicles, Vehicles, Military, Iraq War, 2003-

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