Business News Archive - July 20, 2010

FARNBOROUGH, England, July 20 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) announced today that it has entered into an agreement with Italian-based Finmeccanica (FNC: IM) and L-3 Communication Systems-West to pursue international airborne intelligence, surveillance and reconnaissance business. "Our customers' future requirements demand innovative solutions that support their missions with the technologies of tomorrow," said Jim Quinn, Vice President with Lockheed Martin's ISGS-Defense.

FARNBOROUGH, England, July 20 /PRNewswire-FirstCall/ -- Qatar Airways has selected Hamilton Sundstrand Power Systems' APS3200 Auxiliary Power Unit (APU) for its new fleet of 24 Airbus A320 aircraft family. Hamilton Sundstrand is a subsidiary of United Technologies Corp.

FARNBOROUGH, England, July 20 /PRNewswire-FirstCall/ -- FARNBOROUGH AIR SHOW -- The U. S. Army Aviation and Missile Command (AMCOM) at Redstone Arsenal, Ala., recently awarded Hamilton Sundstrand, a subsidiary of United Technologies Corp.

FARNBOROUGH, England, July 20 /PRNewswire-FirstCall/ -- Since 1998 Hamilton Sundstrand's flight hour-based aftermarket service programs -- consisting of On-Site Support (OSS) and Comprehensive Asset Repair and Exchange (C.A.R.E.) -- have surpassed more than 100 million hours of flight-hour services on almost every major commercial aircraft platform flying around the world today.

FARNBOROUGH, England, July 20 /PRNewswire-FirstCall/ -- Hamilton Sundstrand's Customer Service organization has been recognized with a Bombardier 2010 In-Service Supplier Top Achievement Recognition (STAR) Award for its in-service support of the Q400* aircraft program over the past year. Hamilton Sundstrand was one of four companies who received In-Service STAR Awards at Bombardier's recent Q-Series* Operators' Conference and Trade Show for excellence in supporting Bombardier customers based on its overall performance in 2009, as measured by Bombardier's In-Service Supplier Scorecard. Hamilton Sundstrand Customer Service was recognized for its Q400 aircraft product and airline support, as well as customer focus, over the past year. "Hamilton Sundstrand is pleased to be recognized by Bombardier for its performance," said Matthew Bromberg, Hamilton Sundstrand Customer Service vice president and general manager.

FARNBOROUGH, England, July 20 /PRNewswire-FirstCall/ -- Hamilton Sundstrand, a subsidiary of United Technologies Corp.

FARNBOROUGH, England, July 20 /PRNewswire-FirstCall/ -- FARNBOROUGH AIR SHOW -- Hamilton Sundstrand, a subsidiary of United Technologies Corp. (NYSE: UTX), is successfully working with Irkut Corp.

FARNBOROUGH, England, July 20 /PRNewswire/ -- ANA recently exercised options to purchase Blended Winglets for installation on five new 767-300ER's that are scheduled to deliver from Boeing starting in 2011.

FARNBOROUGH, England, July 20 /PRNewswire/ -- Hainan Airlines, the first airline in China to operate with Blended Winglets, has committed to equip all future 737-800 aircraft deliveries with winglets.

GENEVA, July 20 /PRNewswire-FirstCall/ -- Weatherford International Ltd. (NYSE: WFT) today reported second quarter 2010 income of $80 million, or $0.11 per diluted share, excluding an after tax loss of $0.15 per diluted share.

Word of the Day
  • The horn of a unicorn considered as a medical or pharmacological ingredient.
  • A winged horse with a single horn on its head; a winged unicorn.
The word 'alicorn' comes from Italian alicorno, already associated with unicorns and reinterpreted, popularized by Bearing an Hourglass (1984) and other fantasy novels by Piers Anthony.