BAE shares fall on Saudi Typhoon contract reports

Posted at: Mon Nov 27th, 2006

LONDON/RIYADH (Reuters) - Shares of BAE Systems, Europe's largest defence firm, fell 4.4 percent on Monday on reports it might lose a Eurofighter deal with Saudi Arabia if a fraud probe is extended to the Saudi royal family.

Boeing Demonstrates UAV Automated Aerial Refueling Capability

Posted at: Mon Nov 27th, 2006

ST. LOUIS, Nov. 27, 2006 -- The Boeing [NYSE: BA] Automated Aerial Refueling (AAR) program successfully completed flight tests in August that demonstrated for the first time an unmanned air vehicle's ability to autonomously maintain a steady refueling station behind a tanker aircraft.

Boeing Signs Contract for Korea's EX Airborne Early Warning and Control Program

Posted at: Mon Nov 27th, 2006

ST. LOUIS, Nov. 27, 2006 -- The Boeing Company [NYSE: BA] today announced the signing of a $1.59 billion contract to provide four 737 airborne early warning and control (AEW&C) systems for the Republic of Korea's EX program.