Archive | July, 2011

Associated Press | Airbus parent company EADS says net profit down 41 percent in 1st half, keeps full-year goals

By The Associated Press Published: 29 July 2011 PARIS — Airbus parent company EADS NV said Friday its first-half earnings fell from a year earlier as the impact of the weakening U.S. dollar offset higher commercial and military jet sales and record orders for its new A320neo fuel-saving jet. EADS says in a statement it […]

Associated Press | Lockheed Martin 2nd-quarter net income falls, raises 2011 earnings outlook

By The Associated Press Published: 26 July 2011 BETHESDA, Md. — Lockheed Martin Corp. said Tuesday that its second-quarter profit dropped 10 percent, burdened by a charge tied to some job cuts and a pension adjustment. But its results still topped analysts’ expectations. The aerospace and defense contractor raised its 2011 earnings guidance to a […]

Associated Press | With the end of the shuttle, NASA is outsourcing spaceflight, relying on private companies

By The Associated Press Published: 20 July 2011 HOUSTON — How America gets people and stuff into orbit is about to be outsourced in an out-of-this-world way. With the space shuttle’s retirement Thursday, no longer will flying people and cargo up to the International Space Station be a government program where costs balloon. NASA is […]