Defense industry news provided by Financial News USA (OTC: FNWU) Raytheon Co. (NYSE:RTN) continued its contractual winning streak with three new wins, including a $65 million U.S. Army deal for engineering services for the Patriot Air and Missile Defense program. Raytheon's integrated Defense Systems unit in Tewksbury, Mass., will handle the Patriot contract, but the company's Missile Systems business in Tucson, Ariz., also picked up a pair of contracts. More than two dozen small, advanced technology businesses set up shop at Lockheed Martin's (NYSE: LMT) Moorestown business recently to share their innovations and capabilities directly with Lockheed Martin engineers. Lockheed Martin invited 29 businesses to its Moorestown campus based on technologies directly related to ongoing or expected programs and customer needs.
The Boeing Company (NYSE: BA), the world's largest aerospace company, will present a broad range of products, exhibits, briefings and other activities at Asian Aerospace 2006 beginning Feb. 21 in Singapore. Boeing Integrated Defense Systems (IDS) briefings will feature Boeing's growing footprint in India, and other parts of Asia, its broad array of customer-focused product and service solutions in the defense sector. U.S. BioDefense, Inc. (OTC Bulletin Board: UBDE) announced recently that part of a new $100 million gift by Mayor Michael Bloomberg that will go to stem cell research is the latest dissent from powerful sentiment in the New York Republican's own party. The donation was made anonymously to Johns Hopkins University but a source with knowledge of the details confirmed it came from Bloomberg, a graduate of the University and its former board chairman. For many years, he has been the major benefactor to its public health programs.
About Financial News USA
Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information:
Financial News USA
Tel: (626) 961-8041
Email: info@financialnewsusa.com