Rockwell Collins Key Player in New STUAS System
Rockwell Collins will supply flight controls and navigation for Insitu Integrator unmanned aircraft system under the STUAS contract. The Integrator, used by Navy and Marine Corps, employs Collins Athena 111m flight control and GPS for autonomous precision. Insitu has operated Integrator since 2009 and demonstrated night landings and 21hour flights.
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Rockwell Collins
Cedar Rapids
Navy
Marine Corps
Bingen
Wash
Insitu
Ing
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Athena
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David Vos
SEC loosens path for shareholder director nominations
The SEC approved a rule allowing groups owning at least 3 percent of a public company to put nominees on the annual proxy ballot. The measure, part of a broader financial reform, faces opposition from business groups and may be challenged in court. It applies to next spring elections for most firms, but small companies under 75 million market value wait three years.
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Washington
Securities and Exchange Commission
SEC
U.S. Chamber of Commerce
U.S
Corporations Eye Art Sales To Shore Up Finances
London based reports show banks and companies selling artwork from office walls to raise cash. Lehman Brothers joins others as creditors press for liquidity while Sotheby s and Christie s note rising corporate art activity and ongoing divestment trends.
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London
Lehman Brothers
Saul Ingram
Sotheby's Auction House
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