Lockheed Renews Bid to Kill Some Boeing Contracts
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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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Boeing Co. BA.N is revamping its  sales force in a bid to compete more effectively against rival  airplane maker Airbus EAD.PA BA.L, the Wall Street Journal  reported on Friday.
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SAN FRANCISCO (CBS.MW) -- In a tweak at aerospace rival Boeing Co., the parent company of the European aircraft maker Airbus has offered to split a Pentagon contract to build refueling tankers.
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In the post-9/11 world, Lockheed Martin has become more than just the nation's biggest military contractor. It is putting its stamp on military policies as well.
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A congressional committee has voted to kill a hotly contested Boeing deal to lease 767 jetliners to the US Air Force as refueling tankers.
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WASHINGTON, Oct 10  - Congress has killed a proposal by aerospace giant Boeing to lease, then sell, to the US Air Force dozens of its 767 tanker jets, paving the way for European rival Airbus to muscle in on a possible deal.
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US aviation giant Boeing Co. is pressing for an end to subsidies for its European rival Airbus, which will be at the heart of new talks this month between the US government and the European Union.
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Lockheed Martin Corp.  has won a contract worth $1 billion to build 23 more F-22 Raptor fighter aircraft plus one test aircraft, the Pentagon said on Tuesday.
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Any new plan to replace Air Force tankers will include re-opening bids to companies besides Boeing, according to US Deputy Defense Secretary Paul Wolfowitz.
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Lockheed Martin Corp.  was awarded a $256 million contract modification for four C-130J aircraft, the Pentagon said on Friday.
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Defense contractor Northrop Grumman Corp. and Boeing Co., the world's largest aerospace company, said Tuesday they will bid as a team to compete for NASA's planned manned and robotic space exploration program.
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Congress has barred the Air Force from a $23B deal to lease and buy tankers from Boeing, and has raised the possibility that European rival Airbus SAS could compete to build the refueling planes.
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The Transportation Security Administration yesterday said it would resume plans to seek bids for a large technology maintenance contract, ending consideration of a proposal to give the work to an Alaska Native Corporation without competition.
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The chief executive of Boeing Co. insisted Thursday that he is looking to prevent a trans-Atlantic spat over subsidies for Airbus Industrie by demanding an end to government aid programs for the rival aircraft manufacturer.
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After months of controversy, Boeingâs deal to provide $23.5 billion aircraft refuelling tankers to the US Air Force using a complex leasing mechanism was finally declared dead on Friday.
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The U.S. Government Accountability Office said it would rule on Monday on a $15 billion helicopter contract to Boeing Co.  that was protested by Lockheed Martin Corp.  and Sikorsky Aircraft, a unit of United Technologies Corp. .
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U.S. defense firms Boeing Co.  and Lockheed Martin Corp.  are in long-established talks with Saudi Arabia about supplying fighter aircraft, the Guardian newspaper said on Tuesday, citing unnamed industry sources.