U.S. Air Force Rejects Lockheed Contract Protests
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The U.S. Air Force said on Wednesday  it denied two Lockheed Martin protests involving classified  deals for which Boeing Co. was also a bidder.
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The Senate on Wednesday rejected a move by Democrats to stop the Pentagon from using cluster bombs near civilian targets and to cut off sales unless purchasers abide by the same rules.
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Lockheed Martin Corp. will take a fourth-quarter after-tax charge of about $110 million, or about 25 cents per share, for damages and costs from a court decision rejecting its request to overturn a contract&#39;s termination, the No.
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European aerospace giant EADS has lodged a protest with the Indian government over the cancellation of a deal to sell 197 helicopters to the country's army, Indian defence sources said Monday.
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Lockheed Martin Corp. said Friday it  had refiled protests seeking U.S. revocation of Boeing Co.  contracts valued at more than $6 billion, part of the biggest  Pentagon procurement scandal in more than a decade.
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Facing increasing budget pressures, the US Air Force is considering asking rivals Boeing Co. (BA.N: Quote, Profile, Research) and Lockheed Martin Corp.
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Sikorsky Aircraft announced Tuesday that it will not protest the Navy's decision to give the &#36;6.1 billion contract for the presidential helicopter fleet to rival Lockheed Martin and its international partners.
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In a setback to Northrop Grumman Corp. and Boeing Co., Lockheed Martin Corp. surprised aerospace industry observers by landing the multibillion-dollar contract to build NASA's manned lunar spaceship.
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Flight attendants at US Airways  UAIR.O on Sunday said they had rejected a new proposal by the  airline on cuts in wages and benefits which they said fail to  improve on sick leave and reserve policies.
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United Auto Workers union members at a  major Chrysler LLC assembly plant overwhelmingly rejected a  proposed contract with the automaker, a setback for union  leadership in early voting on the four-year deal.
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The national leadership of the Aircraft Mechanics Fraternal Association (AMFA) union yesterday denounced Alaska Air Group&#39;s plan to cut 900 job in California, Washington and Alaska as &quot;a blatant contract violation.
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The first test in almost two years of the planned multi-billion dollar US anti-missile shield has failed. The Pentagon said an interceptor missile did not take off and was automatically shut down on its launch pad in the central Pacific.
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House and Senate conferees agreed late on Thursday to ban the leasing of aerial refueling aircraft as part of a final deal on a &#36;422 billion defense authorization bill, killing a proposed &#36;23.5 billion Air Force plan to lease and buy 100 Boeing Co.  tankers, congressional sources said.
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United Airlines' mechanics union yesterday rejected a new cost-cutting contract and threatened to strike if a bankruptcy judge nullifies its existing agreement.
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Leaders of the US Airways pilots' union rejected a bid to have pilots vote on a proposal by the airline for $295 million in wage and benefit cuts.
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Lockheed Martin Corp.  has won a contract modification worth $1 billion to build 23 more F-22 fighter aircraft plus one test aircraft, the Pentagon said Tuesday.
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The U.S. Government Accountability Office on Monday sustained a protest filed by Lockheed Martin Corp.  and Sikorsky Aircraft, a unit of United Technologies Corp.  against a $15 billion helicopter contract awarded to Boeing Co.  last year.