Defense industry news provided by Financial News USA (OTC: FNWU). Emergency Disaster Systems Inc., (EDS), a subsidiary of U.S. BioDefense, Inc. (OTCBB:UBDE) and a leading provider of disaster mitigation services and emergency preparedness, announced today with this year's forecasted storms by the National Weather Service, EDS Grab-N-Go Packs are ideal and should be included in all vehicles as preparation for possible storms.
General Dynamics (NYSE: GD) recently reported financial results for the fourth quarter and full year of 2006, which ended December 31. (All per-share data reported below has been adjusted to reflect a two-for-one stock split that occurred March 24, 2006.) General Dynamics' earnings from continuing operations in the fourth quarter of 2006 were $463 million, or $1.13 per share on a fully diluted basis, an increase of 16.3 percent compared to 2005 fourth-quarter earnings from continuing operations of $398 million, or $0.98 per share fully diluted. The U.S. Navy has confirmed that Raytheon Company's (NYSE: RTN) advanced targeting pod achieved 100,000 operational flight hours on F/A-18 Hornet and Super Hornet aircraft. The Raytheon Advanced Targeting Forward Looking Infrared system officially logged its 100,000th flight hour last month over Iraq, according to Cmdr. Martin Beaulieu, who leads the electro-optical/infrared integrated product team within the U.S. Navy's F/A-18 program office. Lockheed Martin Corp.'s (NYSE:LMT) radar-evading new F-22 fighter jet, preparing for a first overseas deployment to Japan next month, is ready for combat and will be used if needed in any new war, a top U.S. Air Force general said on Tuesday. "I believe it is ready to go into combat. If war breaks out somewhere and we need the F-22, it's going and I think people will be fairly amazed at what happens," said Gen. Ronald Keys, who heads Air Combat Command.
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