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Boeing enters new agreement for space tourism

Thu, 09/16/2010 - 21:51 by Deepika Garg

Space enthusiasts with big bank accounts will soon be able to travel alongside astronauts. Aerospace giant Boeing Co. has tied up with up with a private spaceflight marketing firm to provide commercial flights in space.

The Most Popular Dividend Plays in Aerospace and Defense

Sun, 09/05/2010 - 09:59 by Anand Chokkavelu

As an investor, it doesn't pay to follow the crowd.

Worthington Industries announces quarterly dividend

Wed, 06/02/2010 - 17:33 by Jaspreet Virk

Worthington Industries, a company that processes steel for use in the automotive, construction, hardware, aerospace and many other industries, has announced quarterly dividend of $0.10 per share.

The dividend will be paid on June 29, 2010, to shareholders of record June 15, 2010.

The Columbus, Ohio based company will be paying dividend for the 170th quarter consecutively, since it became a public company in 1968.

Pentagon to Northrop: Go Jump in a Lake

Fri, 02/05/2010 - 17:09 by Rich Smith
Once upon a time, somebody wrote that: "The customer is always right." But it seems Northrop Grumman (NYSE: NOC) never got the memo. This week, it got a cold dash of the water of reality instead … right in the face.

Boeing 787 Dreamliner Makes Makers Proud

Sun, 12/27/2009 - 14:45 by Ishita Sood

Boeing 787-8 Dreamliner took the much anticipated flight in Seattle earlier this month.

A midsized wide body aircraft developed by Boeing Commercial Airplanes, Boeing can seat approximately 330 passengers. Boeing 787 model is said to be the most fuel-efficient commercial aircraft of the world till date.

The airlines made history when 840 of its aircrafts were ordered by 54 customers around the world, making it the fastest-selling new commercial jetliner.

NORAD to track Santa's journey tonight

Thu, 12/24/2009 - 16:14 by Jaspreet Virk

New York, December 24 -- It’s Christmas eve and keeping the tradition alive, the North American Aerospace Defense Command (NORAD) will be tracking every move of Santa Claus, as he delivers gifts to kids around the world.

Thales, Liebherr to develop technologies for green aircraft

Fri, 06/19/2009 - 18:24 by Inderjit Singh

Paris, June 19-- French aerospace majors Thales and Liebherr have come together to develop technologies for new generation green aircraft, the companies announced Friday at the Paris Air Show.

"Thales and Liebherr, as tier one suppliers, aim to support airframe designers with power optimized aircraft (POA) architectures by delivering innovative solutions for the technology development of greener aircraft," a joint statement issued here said.

The POA concept aims at reducing the consumption of non-propulsive power on board civil aircraft.