Topic: Industrials Sector
SAN ANTONIO (Reuters) - Medal of Honor recipient Dakota Meyer dropped on Thursday a lawsuit he had filed against his former employer alleging supervisors at the defense contractor mocked his heroism in battle in Afghanistan."BAE Systems OASIS and I have settled our ...
It may have given rise to widespread fraudWhen the Vistana homeowners association in southwest Las Vegas settled a construction defect complaint for $19 million in 2007, the size of the settlement stood out even in the big-money world of construction defect litigation ...
WASHINGTON (Reuters) - The defense budget is shrinking, but General Dynamics Corp still sees growing demand for its combat vehicles and warships, coupled with unprecedented opportunities to sell its popular Gulfstream business jets in China and other emerging markets.Chief Executive Jay Johnson ...
Italian aerospace and defence giant Finmeccanica's chairman Pier Francesco Guarguaglini resigned on Thursday after nine years in charge following a series of corruption scandals.A board meeting ruled that current chief executive Giuseppe Orsi will take over Guarguaglini's post as ...
SAN ANTONIO (Reuters) - A U.S. Marine veteran who was awarded the Medal of Honor by President Barack Obama is suing his former employer for allegedly mocking his military service and blocking his efforts to get a job with another company.Sergeant ...
Marcin Grodski is among an estimated one million Poles who flocked to Britain over the last decade, but after a failed business and a broken heart, he is heading home unhappy and underqualified.Grodski, 30, arrived in London in 2002, two years ...
MILAN (Reuters) - Pressure mounted on Finmeccanica Chairman Pier Francesco Guarguaglini to quit on Wednesday over a corruption probe that has engulfed Italy's defense conglomerate and exposed a growing rift in the company's top ranks.The defense group, controlled by Italy ...
Emirati group Adcom Systems introduced an armed drone at the Dubai Airshow on Thursday, developed at a time when many military powers continue to import the unmanned aircraft increasingly used in warfare.The MALE (Medium Altitude Long Endurance) plane should begin testing ...
DUBAI (Reuters) - The chief executive of European aerospace group EADS said a decision by the German government to take a 7.5 percent stake lifted uncertainty over the group's shareholder structure but that the management had proposed a long-term alternative."The ...
Boeing's top Middle East executives said Saturday their latest 787 Dreamliner and increased demand for defence capabilities would help the aerospace company's increase its market share in the region."From a global perspective our products and services are performing very ...