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Tuesday, February 9, 2010
News Making Money

Boeing Submits Proposal for NASA's Exploration Ground Launch Services

27/10/2009 12:30 (105 Day 09:23 minutes ago)

The FINANCIAL -- On October 26, one day before NASA's first Ares I test flight, The Boeing Company [NYSE: BA] submitted a proposal to NASA for the Exploration Ground Launch Services (EGLS) contract to manage the ground systems integration and launch operations services for NASA's Constellation Program.

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NASA is expected to award the EGLS contract in April 2010 through its Kennedy Space Center facility.

 

"Boeing stands ready to support the Constellation Program," said John Elbon, Boeing vice president and EGLS team leader. "New capabilities and cost-effective approaches, proven in our space, defense and commercial airplane programs, will enable us to provide safe and reliable ground operations for Constellation and help NASA achieve the United States' space exploration goals.

 

"Boeing has a legacy of more than 50 years of support to Kennedy Space Center and the surrounding community," added Elbon. "EGLS is key to our continued presence at Kennedy, and we are looking forward to partnering with NASA to launch a new era in space."

 

Approximately 1,000 Boeing employees work on the Checkout, Assembly and Payload Processing Services (CAPPS), International Space Station, and Space Shuttle programs at Kennedy. Boeing serves as NASA's prime contractor for CAPPS and the International Space Station. The company also is providing the Ares I rocket's upper stage and avionics for NASA's Constellation Program.

 

Boeing has received the Kennedy Space Center Large Business of the Year recognition 14 times. The company also has earned distinction as a three-year finalist and the most recent winner of the George M. Low Award, NASA's premier award for quality and performance.

 

 

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Politics
Ex-PM Nogaideli Signs Cooperation Treaty with Russia’s Ruling Party

09/02/2010 17:09 (04:44 minutes ago)

Civil.Ge -- Georgian former PM Zurab Nogaideli’s Movement for Fair Georgia and Russia’s ruling party, United Russia, signed a cooperation agreement in MOSCOW on February 9.

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Markets
NYSE Euronext swings to profit, beats expectations

09/02/2010 14:43 (07:10 minutes ago)

The FINANCIAL -- NYSE Euronext (NYX) one of the leading global operators of financial markets and provider of innovative trading technologies, on February 9 reported net income of $172 million, or $0.66 per diluted share for the fourth quarter of 2009, compared to a net loss of  ($1,338) million, or ($5.06) per diluted share for the fourth quarter of 2008. 

INSURANCE
Zurich introduces a new combination Management and Professional Liability insurance policy

09/02/2010 12:27 (09:26 minutes ago)

The FINANCIAL -- Zurich, one of the leading property and casualty insurance providers globally and in North America, on February 8 introduced Financial Institutions Select, a new management liability/professional liability policy that reflects the needs of today’s financial institutions and includes more than 75 new coverage enhancements to respond to the current landscape of risk faced by the management of financial institutions.

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