EADS Has Good Quarter

EADS announced that in the third quarter it was able to make a profit compared to the large losses last year. The Wall Street Journal has the story. Despite ongoing issues with two of its key programs - the A400 military transport and the A380 airliner - the company made about $800 M. The company found that its restructuring cost less then expected and cost reductions in the construction of its commercial aircraft also helped. Read more

USCG Deep Water problems lead to end of Bell UAS program

February 15, 2008 by Dagpotter · Comment
Filed under: Bell, U.S. Dept. of Homeland Security 

Bell was building a tilt-rotor Unmanned Aeriel System (UAS) for the USCG as part of the Deep Water modernization and upgrade program. The whole Deep Water program has been hit with problems and criticism from Congress to the point where the USCG is restructuring. As part of this they canceled the tilt-rotor UAS that Bell Helicopter was building for them based on V-22 technology. See a story here. Read more