Northrop Grumman to Collaborate with Indonesian Partner Companies to Produce Ground-Based Radar Systems

Baltimore, Northrop Grumman Corporation (NYSE:NOC) executed a Memorandum of Understanding at the Sixth National Radar Seminar in Bali, Indonesia with PT Industri Telekomunikasi Indonesia and the Research Centre For Electronics And Telecommunications of the Indonesian Institute of Sciences to facilitate collaboration on pending ground-based radar opportunities in Indonesia.

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B/E Aerospace Reports Record First Quarter 2012 Results; Revenues up 25 Pecent, EPS up 37 Pecent; Company Guides to Stronger Outlook

Wellington, Fla., B/E Aerospace (Nasdaq: BEAV), the manufacturer of aircraft cabin interior products and the distributor of aerospace fasteners and consumables, today announced record first quarter 2012 financial results. Revenues, operating earnings, net earnings, net earnings per diluted share, bookings and backlog were all records for any quarter.

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Habtoor Leighton Group Joint Venture Awarded SAR2.87 billion (US$765 million) Aircraft Maintenance Facility Project in Saudi Arabia

Habtoor Leighton Group (HLG), in joint venture with TAV and Al Rajhi, has been awarded an SAR2.87 billion (US$765 million) contract in Saudi Arabia for the design and construction of a new maintenance, repair and overhaul facility (MRO) for Saudi Aerospace and Engineering Industries (SAEI). HLG’s share of the contract is worth SAR573 million (US$153 million).

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