Congress largely ignoring Obama budget cuts as spending bills advanceWASHINGTON — Democrats in Congress crafting spending bills are largely rejecting the roster of program eliminations and budget cuts wanted by President Barack Obama. Northrop Grumman receives contract modification from NavyNEW YORK — Northrop Grumman Shipbuilding Inc., a unit of Northrop Grumman Corp. is being awarded a $213.8 million modification to a previously awarded Navy contract, the U.S. Department of Defense said Tuesday. Defense Secretary Gates: Decision by House lawmakers to add funding for F-22 ‘big problem’WASHINGTON — Defense Secretary Robert Gates said Thursday a decision by House lawmakers to increase the budget to buy a dozen more of Lockheed Martin Corp.’s F-22s is a “big problem.” Boeing may offer tanker version of 777 commercial jet in new bid for $35B military contractBoeing Co. may offer a tanker version of its 777 jet in a new bid to win a $35 billion military contract to replace the Air Force’s aging fleet of aerial refueling planes, a company spokesman said Wednesday. Boeing gets first Paris Air Show order, still lags behind Airbus in race for scarce businessLE BOURGET, France — Boeing Co. finally joined the orders race on the third day of the Paris Air Show, but its $153 million order Wednesday for two single-aisle planes paled beside the $6.25 billion already chalked up by European rival Airbus. In narrow vote, House approves $106B to maintain war operations in Iraq and AfghanistanWASHINGTON — The House has narrowly approved a $106 billion bill to ensure financing for war operations in Iraq and Afghanistan over the coming months. Boeing confident about chances against Airbus parent EADS in new Pentagon tanker bidLE BOURGET, France — Boeing Co. said Tuesday it was confident in its chances to win the rematch with rival Airbus for a multibillion-dollar contract for refueling tankers for the U.S. Air Force. |
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