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Saturday, November 21, 2009
News Making Money

Boeing Submits Proposal for NASA's Exploration Ground Launch Services

27/10/2009 12:30 (25 Day 02:33 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
Ruling Party Firm on 30% Threshold for Mayoral Election

21/11/2009 13:54 (01:09 minutes ago)

The FINANCIAL -- According to Civil Georgia, the ruling party has already compromised on number of key electoral issues, including on rule of electing Tbilisi mayor and now expects the Alliance for Georgia to reciprocate and agree on 30% threshold for electing the capital city’s mayor, a senior ruling party lawmaker said on November 20.

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Markets
NASDAQ OMX Launches New Fixed Income Index

21/11/2009 10:40 (04:23 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm announces that it has launched a new fixed income index named OMRX All Index, which will act as a benchmark for the Swedish bond and money markets.

INSURANCE
ING restructuring plan approved by European Commission

19/11/2009 12:39 (2 Day 02:24 minutes ago)

The FINANCIAL -- ING announced on November 18 that the European Commission has formally approved the restructuring plan submitted by ING .

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