Boeing (NYSE: BA) announced today that Boeing Shanghai Aviation Services Co., Ltd. (Boeing Shanghai) has received its U.S. Federal Aviation Administration (FAA) Repair Station Certification. The certification allows Boeing Shanghai to conduct operations in accordance with Code of Federal Regulations Part 145.
MRO ASIA -- The Turkish Engine Center, a Pratt & Whitney and Turkish Airlines Technic joint venture, will support an existing 10-year engine maintenance agreement between Turkish Airlines and Turkish Technic when it opens in mid-2009. The work is estimated to be worth more than $1 billion to the Turkish Engine Center and will extend through 2016. Pratt & Whitney is a United Technologies Corp. (NYSE: UTX) company, and Turkish Airlines Technic Inc. is a Turkish Airlines (ISE: THYAO) company.
MRO ASIA -- The Turkish Engine Center Board of Managers named Daniel Tennant as the new business' first general manager. The Turkish Engine Center, a Pratt & Whitney and Turkish Airlines Technic joint venture, is expected to open in the second half of 2009. Pratt & Whitney is a United Technologies Corp. (NYSE: UTX) company and Turkish Airlines Technic Inc. is a Turkish Airlines (ISE: THYAO) company.
In advance of Sarah Palin's fundraising visit to Greensboro on Thursday, Democratic leaders will hold a press conference at 11 a.m. on Wednesday at the Greensboro Governmental Complex.
The astronauts, cosmonauts and spaceflight participant aboard the International Space Station will participate in a news conference at 12:20 p.m. CDT, Monday, Oct. 20. Reporters at participating NASA centers may ask questions.
The first NASA spacecraft to image and map the dynamic interactions taking place where the hot solar wind slams into the cold expanse of space will be launched on Sunday, Oct. 19, at 1:48 p.m. EDT, during a launch window that extends from 1:44 p.m. to 1:52 p.m. The two-year mission will begin from the U.S. Army's Reagan test site at Kwajalein Atoll, a part of the Marshall Islands in the south Pacific Ocean.
Northrop Grumman Corporation (NYSE: NOC) will announce its 2008 third quarter financial results on Wednesday, Oct. 22, 2008. The company's conference call will be held at 12:30 p.m. EDT the same day.
Former Military Leader Brings Passion for Democracy, Free Markets
In celebration of its 50th anniversary, NASA will premiere the documentary "50 Years of Exploration: The Golden Anniversary of NASA" on NASA Television's Public and Education channels Wednesday, Oct. 15, at 9 p.m. EDT.
In the news release, MidCarolina Financial Corporation Announces Net Income Available to Common Shareholders Increases 3% for 3rd Quarter 2008; Assets Increase 13%, issued earlier today by MidCarolina Financial Corporation over PR Newswire, we are advised by the company that the first paragraph, third sentence, should read "net of mortgages held for sale, on September 30, 2008 were $418.9 million, an increase of 16% from the level reported a year earlier" rather than "an increase of 13%" as originally issued inadvertently. Complete, corrected release follows:
Twenty years after its introduction and almost immediate establishment as a mainstay application for defense, aerospace, government and industrial organizations, SEER(R) for Software (SEER-SEM(TM)) -- the flagship project estimation solution from Galorath Incorporated (www.galorath.com), a California-based software firm -- has been upgraded to include an array of new capabilities. SEER customers include Bank of America; Boeing; Ford Motor Company; Lockheed Martin; Northrop Grumman; Siemens, and the U.S. Department of Defense.
Environmental Tectonics Corporation (Amex: ETC) ("ETC" or the "Company") today announced financial results for the second quarter and the first six months of fiscal 2009 which ended on August 29, 2008.
Supply Chain Visions, Inc., a thought leader in supply chain strategy and performance management, has been selected, as a subcontractor to Deloitte Consulting LLP, to provide technical and analytical support to the Defense Logistics Agency (DLA) for the development of an enterprise staffing model for forward presence personnel.
The Coast Guard Foundation, a non-profit organization committed to the education, welfare and morale of all Coast Guard members and their families, announced today its 28th Annual Salute event recognizing the United States Coast Guard. Scheduled to take place on Thursday, October 16, 2008 at the Ellis Island Immigration Museum in New York Harbor, the Annual Salute will honor a select group of Coast Guard members with the Coast Guard Foundation Awards for Heroism. The gala will be emceed by Robert J. Flynn, a director of the Coast Guard Foundation and president of Mallory Jones Lynch Flynn & Assoc. Inc., and feature ceremonial music by the United States Coast Guard Band. Speakers will include Commandant Thad Allen who will also present awards, and Atlantic Area Commander, Vice Admiral Robert J. Papp, who will present colors. In addition to celebrating exemplary service, the event will raise funds to support the Foundation's important projects and programs including the Evergreen Fund college scholarship for children, as well as grants for enlistees that improve the lives and performance of Coast Guard members, their families and United States Coast Guard Academy cadets.
Arrow Financial Corporation (Nasdaq: AROW): Thomas L. Hoy, Chairman, President and C.E.O. of Arrow Financial Corporation announced today that Arrow's lead subsidiary, Glens Falls National Bank and Trust Company, has executed a letter of intent to acquire Upstate Agency, Inc., an independent property and casualty insurance agency headquartered in Chestertown, New York with five offices located in Northern New York.
The Bank of South Carolina Corporation (Nasdaq: BKSC), announced earnings for the 3rd quarter of 2008 of $712,072 or $.18 per share, a decrease from third quarter 2007 earnings of $940,561 or $.24 per share. Earnings for the nine months ended September 30, 2008, were $2,155,435 or $.54 per share, a decrease of 26.62% over 2007's first nine months earnings of $2,937,338 or $.75 per share. Return on average assets and average equity for the three months ended September 30, 2008 were 1.23% and 10.69%, respectively and compare to three months ended September 30, 2007 returns on average assets and average equity of 1.59% and 15.20% respectively.
First South Bancorp, Inc. (Nasdaq: FSBK) (the "Company"), the parent holding company of First South Bank (the "Bank"), reports its earnings for the quarter ended September 30, 2008 (unaudited), the third quarter of its fiscal year ending December 31, 2008, and its earnings for the nine months ended September 30, 2008 (unaudited).
Rocket Racing, Inc. today announced that it has been granted an Experimental Exhibition Certificate from the Federal Aviation Administration (FAA) for the first of its next-generation Rocket Racer that has been selected as the baseline design for the fleet moving forward. This exhibition type certification marks the first time in the FAA's history that a production level rocket powered aircraft has been cleared to perform exhibition flight demonstrations at over 20 venues across the U.S.
Mikros Systems Corporation (OTC Bulletin Board: MKRS), announced today that it has delivered two ADEPT V2 systems to the USS Bunker Hill (CG-52). ADEPT is Mikros' automated maintenance tool designed to significantly reduce the man-hours required to align the AN/SPY-1 Radar System aboard U.S. Navy AEGIS cruisers and destroyers, while optimizing system performance and readiness. The USS Bunker Hill is the first ship receiving upgrades as part of the US Navy's CG modernization program.
Lockheed Martin (NYSE: LMT) will webcast live its Third Quarter 2008 Earnings Conference Call on Tuesday, Oct. 21, 2008, at 11 a.m. EDT. Bruce Tanner, Executive Vice President & Chief Financial Officer and Jerry Kircher, Vice President, Investor Relations, will discuss third quarter 2008 financial results, provide 2009 guidance, updates on key topics, and answer your questions.
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