31 Dec '11, 1am

Boeing wins US$3.48b contract for US missile shield

WASHINGTON: Boeing won a $3.48 billion contract Friday to retain its leading role in building a US shield against long-range ballistic missiles, defeating rival Lockheed Martin Corp., officials said Friday. The US Missile Defense Agency announced the decision for the seven-year contract in which Boeing will test, engineer and manufacture the system designed to thwart potential attacks from intercontinental ballistic missiles. Chicago-based Boeing was joined by partner Northrop Grumman, which will oversee the ground system and other aspects of the project, Boeing said in a statement. Boeing offered "innovative solutions and a cost-effective approach to program management and execution," said Dennis Muilenburg, president and CEO of Boeing Defense, Space and Security. Lockheed, based in Bethesda, Maryland, had hoped to edge out Boeing, which has been the prime contractor for ...

Full article: http://www.channelnewsasia.com/stories/afp_world_business...

Tweets

Vestas sees out 2011 with orders from seven countries

Vestas sees out 2011 with orders from seven cou...

renewableenergymagazine.com 02 Jan '12, 11am

Vestas has received two orders from key account EDF Energies Nouvelles for delivery of 19 V90-2.0 MW wind turbines for the...

#Iran tests missile as #US tightens sanctions a...

sg.news.yahoo.com 01 Jan '12, 12pm

Graphic map of the Gulf showing the principal oil pipelines, plus data on oil exports. Iran on Saturday kept tensions simm...

Clarke, McIlroy honored by Queen after major wins

pgatour.com 31 Dec '11, 5pm

Clarke, McIlroy honored by Queen after major wins text size Dec. 31, 2011 LONDON (AP) -- Northern Irish golf stars Darren ...