Admits To Dumping Industrial Discharge Into Farmington
Aerospace manufacturer Hamilton Sundstrand pleaded guilty
Thursday to two counts of violating the Federal Clean Water Act,
admitting to dumping industrial discharge into the Farmington River
from its Windsor Locks, CT, plant.
DaimlerChrysler said Friday it sold a third of its stake in
European Aeronautic Defense and Space Co. (EADS), the parent
company of planemaker Airbus, to a private investment group in a
deal that will maintain the balance between German and French
shareholders in a $1.95 billion deal.
Pulled Over By Police Hours After Delta Bid Rejected
The past couple of weeks haven't been great ones for US Airways
CEO Doug Parker. Only hours after US Airways lost its $9.8 billion
bid to acquire Delta last month, the news of his arrest on
suspicion of drunken driving went public and has been the subject
of newspaper reports worldwide.
Seeking Inroads Into Country's Russian-Dominated Fleet
As the largest global aircraft manufacturer by revenue and the
second-largest defense contractor in the world, Boeing is seeking
to make inroads into what is seen by many as the fastest growing
aviation marketplace in the world.
Aircraft and aircraft parts manufacturer Spirit AeroSystems
posted a fourth-quarter loss Thursday, as costs of its November
initial public offering hurt results. The news comes as the company
also reports impressive growth in sales.
New Avionics Box To Fly in FAA Flight Inspection
As a key element in the FAA's Next Generation Automated Flight
Inspection System (AFIS), the FAA awarded Formation, Inc. a $5.7
million contract to design, develop flight-qualify, and produce its
new Data Collector Correlator (DCC) avionics box.
"I will accept the consequences of my actions and I
will ensure that it doesn't happen again. Again, I apologize to you
and appreciate the hundreds of notes of encouragement that I have
received from you already. I have let down all of you and also my
family, and that is something I will have to live with irrespective
of the outcome."
Source: US Airways CEO Doug Parker, in a memo
to employees following the release of blood test results from his
January 31 arrest on suspicion of drunk driving.