AAR buys Summa Technology From The Huntsville Times al.com Summa Technology Inc., the second Huntsville company AAR acquired this year. Summa will operate as a part of AAR's Structures and Systems segment, under the name AAR Summa Technology, said AAR spokesman Derek Sheedy. AAR also acquired Huntsville-based Brown International Corp. this year, which also operates as part of AAR's Structures and Systems segment.

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Posted Under: Aerospace-Defense

Formtek, Inc. Awarded New Corporate Pricing Agreement by Lockheed ... From Earthtimes PITTSBURGH, Dec. 5 /PRNewswire/ -- A new Corporate Pricing Agreement, effective October 1, 2007, establishes a contract vehicle and price agreement for Lockheed Martin business units purchasing Formtek products and services. Lockheed Martin Corporation has long been a customer of Formtek, with over 10,000 users of Formtek's Technical Document Management software suite in use throughout various Lockheed Martin business units today.

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Posted Under: Aerospace-Defense

Reuters Summit-Southwest sees higher fares, mergers From Guardian Unlimited WASHINGTON, Dec 5 (Reuters) - Southwest Airlines Co, the leading U.S. low-cost carrier, expects soaring fuel costs to lead to higher fares and possibly push rivals into mergers, its chief executive said on Wednesday. Southwest, one of the few U.S. carriers to consistently post profits, is adjusting to rising fuel, labor, and airport costs by looking to boost revenue, with new products like its Business Select fares, which come with faster boarding and a cocktail on board. Still, even with...

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Posted Under: Aerospace-Defense

Boeing's Flat Tire Doesn't Slow Aerospace/Defense (PPA, ITA) From www.etfexpert.com/etf_expert/ The PowerShares Aerospace & Defense Fund ( PPA ) holds big fish from Lockheed to Raytheon to Northrop to Boeing, with the latter accounting for approximately 7% of the fund's overall performance. Specifically, if large-cap growth/tech performs well in the final quarter of calendar years, and if aerospace/defense is viewed as a safer haven during times of economic uncertainty, the iShares Dow Jones US Aerospace & Defense ( ITA ) may indeed be worthy of the price for admission. One can see...

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Posted Under: Aerospace-Defense

Aerospace Defense Manufacturer Signs 1.35M EUR Agreement with ... From edageek.com Telelogic (STO:TLOG) (Nordic Exchange/MidCap/TLOG) announced 1.35 MEUR license, license upgrade and maintenance contract with a global leader in the manufacture of aerospace and defense equipment. Telelogic software helps customers design, develop, and deliver the world's most advanced and innovative products, systems, and software more efficiently by aligning and optimizing development lifecycles and business processes with business objectives and customer needs.

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Posted Under: Aerospace-Defense