The aeronautics research arm of NASA has awarded $12.4 million in grants to six teams, who will develop advanced concepts for commercial aircraft that could enter service around 2035 (press release). The teams, which include industry giants like Northrop-Grumman, Boeing, Lockheed Martin, and Raytheon, as well as researchers from MIT, Purdue, Georgia Tech and Tufts, [...]
Posts Tagged as ‘Lockheed Martin’
October 14, 2008
Gloomy outlook for defense biz; contractors looking to IT, training, logistics
Monday’s Washington Post provides some good context around the economic conditions faced by large government contractors. The article’s subhead — “After Eight Boom Years for Spending on Military Equipment, Contractors Expect a Slowdown” — points to looming uncertainty in the defense sector, but also outlines alternative strategies being pursued by Raytheon, Lockheed Martin, Northrop Grumman [...]
