Boeing (BA) stock fell 0.2% after the U.S. Army grounded Apache helicopters following a fatal Fort Hood crash. Q2 earnings showed revenue growth but missed EPS.
Retired U.S. Army Colonel Douglas Macgregor warned that escalating Middle East tensions could push oil prices toward $150 a barrel. Continue reading at DailyCoin.
Families of US sailors allege shortages of food, water, and hygiene supplies on aircraft carriers, while Navy officials dispute these claims. Reports highlight poor conditions and low morale during extended deployments.
The U.S. Army spent $6.9 billion on two RAH-66 Comanche helicopter prototypes that never saw any action. Today, you can see them in a museum in Fort Rucker.
No cause of the Wednesday crash has been released because the investigation has just begun. A safety investigation team from the Army Combat Readiness Center in Fort Rucker, Alabama, is trying to determine what happened, the Army said.
Six-month net income was $6.5M versus $9.7M a year earlier, while backlog increased by $196.4M. New contracts include a U.S. Army Corps deck barge award.
The U.S. Army said Friday it is temporarily halting Apache helicopter training flights after two soldiers were killed earlier this week in a crash near Fort Hood, Texas.
A $100 million private placement left REalloys with $122.4 million in cash; U.S. Army lease negotiations in Utah are scheduled to finish by mid-September.