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Business News Archive - July 18, 2010

FARNBOROUGH, England, July 18, 2010 /PRNewswire/ -- Raytheon Company (NYSE: RTN), the prime lead for Joint Precision Approach Landing System Increment 1, has formed a team to include Rockwell Collins and Honeywell International to compete for JPALS Increment 2.

FARNBOROUGH, England, July 18, 2010 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has received a contract from Boeing to develop an international version of the APY-10 surveillance radar. The long-range, multimission, maritime and overland surveillance radars will be installed on the P-8I aircraft Boeing is building for the Indian Navy.

FARNBOROUGH, England, July 18, 2010 /PRNewswire/ -- Raytheon Company (NYSE: RTN) received a $55 million contract to deliver TOW (Tube-Launched, Optically-Tracked, Wireless-Guided) 2A Radio Frequency missiles to the U.S. government as part of a foreign military sale to Saudi Arabia's National Guard.

FARNBOROUGH, United Kingdom, July 18 /PRNewswire-FirstCall/ -- The Boeing (NYSE: BA) 787 Dreamliner made its international debut landing at the Farnborough Airport at 9:09 a.m.

MOSCOW, July 18, 2010 /PRNewswire/ -- The Moscow government is preparing a Formula 1 Grand Prix in the streets of Moscow for 2012. That was announced today by Mr.

SOUTH SAN FRANCISCO, Calif., July 18 /PRNewswire/ -- Solazyme, Inc. is helping the U.S. military move closer to powering its planes, ships, tanks and trucks on renewable fuel and has delivered of 1,500 gallons of 100% algae-based jet fuel for the U.S. Navy's testing and certification program.

DEARBORN, Mich., July 19 /PRNewswire-FirstCall/ -- All-new Ford Explorer SUV offers best-in-class fuel economy with technologically advanced powertrains featuring multiple enhancements to improve mechanical efficiencyExplorer offers an optional 2.0-liter EcoBoost(TM) I-4 engine delivering V6 power with four-cylinder fuel efficiencyElectric power-assisted steering, battery management, fast engine warm-up and the first North American Ford application of a variable-displacement air conditioning compressor all combine to improve drivability, increase efficiency and save fuel.

Word of the Day
cock-a-hoop
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'
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