Information received since the Federal Open Market Committee met in June suggests that economic activity is leveling out. Conditions in financial markets have improved further in recent weeks. Household spending has continued to show signs of stabilizing but remains constrained by ongoing job losses, sluggish income growth, lower housing wealth, and tight credit. Businesses are [...]

EDWARDS AIR FORCE BASE, Calif., December 1st, 2008 
Lockheed Martin (NYSE: LMT) announced today that the U.S. Missile Defense Agency’s Airborne Laser (ABL) team has successfully fired the High Energy Laser through the Lockheed Martin-developed Beam Control/Fire Control system.
In a series of tests conducted in the aircraft on the ground, the Beam Control/Fire Control system focused [...]

Standardized Xpect Indices published for securitization of life and pension insurance risks / Individual index calculation service offered
Deutsche Börse has further expanded its index offering, adding Xpect, an innovative index family for longevity data from 1 December. Longevity indices serve for the valuation of longevity risk and they also serve as a basis for financial [...]

MARIETTA, Ga., November 19th, 2008 — Lockheed Martin [NYSE: LMT] has received a $156 million contract to provide the P-3 Aircraft Service Life Extension Program (ASLEP) for the Canadian Forces’ CP-140 aircraft fleet.
Under this contract, 10 Canadian CP-140 Aurora aircraft will receive Life Extension Kits consisting of all-new outer wings, center wing lower surface assemblies, [...]

Melbourne, Australia – BAE Systems announced today that its Nulka Anti-Missile Decoy System has achieved yet another significant milestone – installation on the 100th US Navy warship.
Nulka is a rocket propelled active decoy designed to lure anti-ship missiles away from the intended target.  Originally conceived in Australia, and developed under a joint Australian and United [...]

According to Statistics Estonia, 8,448 purchase-sale transactions of real estate were notarised in the 3rd quarter, which is less compared to the previous quarter and compared to the corresponding quarter of the previous year. The average price of a real estate transaction decreased.
The number of purchase-sale transactions decreased by one fourth compared to the 3rd [...]

A team from BAE Systems has developed a much-needed capability for use on the front line – a compact mortar-based launcher for small Unmanned Air Vehicles (UAVs).
UAVs provide front line units with vital real-time intelligence without the need for  conventional air support. Until now, the ability to rapidly deploy these platforms by individual Platoons has [...]

The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 1 percent.
The pace of economic activity appears to have slowed markedly, owing importantly to a decline in consumer expenditures. Business equipment spending and industrial production have weakened in recent months, and slowing economic activity in [...]

PARIS, France – BAE Systems has launched its ARTISAN 3D (Advanced Radar Target Indication Situational Awareness and Navigation) radar for the export market at Euronaval.
ARTISAN is designed as a main surveillance and target indication radar for surface vessels.  It provides high performance in difficult environmental and clutter conditions and is ideally suited for operation in [...]

HUDSON, New Hampshire — BAE Systems has teamed with General Dynamics to compete for the U.S. Navy’s upcoming Surface Electronic Warfare Improvement Program (SEWIP) Block 2 upgrade effort.
The next-generation electronic warfare system, called Sea Lightning, is designed to defeat increasingly sophisticated maritime threats by intercepting and classifying threat radars, particularly those on anti-ship cruise missiles. [...]