January 24, 2003 |
Lockheed Martin Corp. topped the list of the biggest U.S. military contractors in fiscal 2002, followed by Boeing Co. and Northrop Grumman Corp. Bethesda, Md.-based Lockheed, long the industry leader, rolled up $17 billion in prime contract awards in the year ended Sept. 30, up from $14.7 billion the year before.
February 10, 2004 |
Colombian President Alvaro Uribe ruled out exchanging prisoners with his country's largest rebel group, which holds dozens of hostages. Those held by the Revolutionary Armed Forces of Colombia, or FARC, are "good citizens" who cannot be exchanged for jailed guerrillas, Uribe said during a visit to the European Union office in Brussels. "The Colombian government cannot enter into negotiations that strengthen terrorism," Uribe said at a news conference. The hostages include three U.S.
January 5, 2010 |
In a blow to Southern California, Northrop Grumman Corp. said it would relocate its headquarters from Los Angeles -- leaving the region that gave birth to the aerospace industry without a single major military contractor based here. The company said it would move its corporate staff to the Washington, D.C., area by summer 2011 to be closer to its key customer, the U.S. government. Northrop's announcement was seen as a bitter pill for the much-battered regional economy, which has suffered a series of high-profile corporate defections in recent years.
June 17, 2006 |
The lobbying firm enmeshed in a federal investigation of Rep. Jerry Lewis (R-Redlands), chairman of the House Appropriations Committee, is breaking up because of publicity surrounding the probe, the company said. The firm, Copeland Lowery Jacquez Denton & White, has been a major player in Washington, particularly in winning narrow appropriations, known as "earmarks," for military contractors, municipalities and others.
October 21, 2003 |
Colombian troops have killed a guerrilla commander accused of kidnapping three U.S. military contractors and carrying out a string of assassinations and bombings, the army said. Edgar Gustavo Navarro of the Revolutionary Armed Forces of Colombia was among 11 rebels killed during a gunfight Sunday, said Gen. Hector Martinez. Martinez said Navarro was behind the capture of Tom Howes, Marc Gonsalves and Keith Stansell after their single-engine plane crash-landed Feb. 13.
October 8, 1986
The House passed and sent to President Reagan legislation providing substantial rewards for whistle blowers who prevail in fraud suits against military contractors. The bill would provide for rewards of up to 30% of the money recovered. It was sponsored initially by Sen. Charles E.