Rockwell Collins moves on DVEP system for Army helicopters
Rockwell Collins in Cedar Rapids won the first phase of a three stage program to create a degraded visual environment pilotage system that lets helicopter crews see through dust fog and snow during takeoffs and landings. The system aims for fielding with the U S Army Special Operations Aviation regiment by 2018 and integrates with MH 47G MH 60M helicopter avionics.
MENTIONED IN THIS ARTICLE
Cedar Rapids
U.S. Army
Rockwell Collins
Special Operations Aviation Regiment
Troy Brunk
Airborne Solutions
Brunk
Special Operations Aviation
Food stamp cuts hit retailers serving low income shoppers
The United States trims SNAP by about 6 percent, reducing the average benefit for a four person family by roughly $36 a month. Walmart and dollar stores face renewed pressure as discount retailers rely on lower income consumers, while the program’s expansion of the past five years recedes. The tighter aid follows an expiration of the 2009 boost, with eligibility and savings varying by household.
MENTIONED IN THIS ARTICLE
U.S
Walmart
Dollar Stores
Andrew Wolf
Bb&t Capital Markets
Congress
U.S. Department of Agriculture
Merger talks seek airport divestitures to ease US Airways deal
The Justice Department seeks divestitures at key U.S. airports to drop a lawsuit against the US Airways American Airlines merger. Eric Holder said talks continue with both firms who would form the world’s largest airline. They hold 69 percent of Ronald Reagan National slots, a focus due to congressional travel needs. American Eagle serves Cedar Rapids, linking to Chicago and Dallas.
MENTIONED IN THIS ARTICLE
U.S. Justice Department
United States
US Airways
American Airlines
U.S
Eric Holder
Holder
Justice Department
Washington
Ronald Reagan National
Congress
American Eagle
Iowa
Cedar Rapids
Chicago
Dallas
BlackBerry deal collapses as Fairfax backs bond plan
BlackBerry abandons a 4.7 billion takeover bid and searches for a new CEO after Fairfax Financial withdraws its bid. Fairfax will invest 250 million in convertible debentures and pursue a 1 billion bond deal plus a management shake up with John Chen named executive chairman and interim CEO. The move targets stabilizing the money losing company as it burns cash.
MENTIONED IN THIS ARTICLE
BlackBerry
Fairfax Financial Holdings Ltd
Fairfax
Bentures
Thorsten Heins
Sybase Inc
John Chen
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