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Air Force Gives a Contract worth $20 Million To BAE Systems to Structure Global Compliancy of Nuclear Treaty

Posted on 11/3/2009 2:23:52 PM in #Stocks | 0 comments comments

 

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MELBOURNE, Fla. (CRWEPicks) -- BAE Systems has received a contract worth $20 million from the Air Force to support global compliance of a nuclear treaty.


The defense contractor will provide engineering, research and program management services at Patrick Air Force Base.


The one-year base deal with four one-year options will be managed by BAE's facility in Melbourne, Fla.



DETROIT (CRWEPicks) -- General Motors Co. says its October sales rose 4.7 percent over the same month last year, a sign that the U.S. auto market was starting a slow recovery from its yearlong slump.


The nation's largest automaker said it sold 176,632 light vehicles last month, up about 13 percent from September sales. That's when nearly all automakers reported dismal numbers because the government's Cash for Clunkers rebates pulled September buyers into July and August.



(CRWEPicks) Cablevision Systems Corp. on Tuesday said its third-quarter profit more than tripled as a sluggish economy didn't deter subscribers from continuing to sign up for its digital cable, Internet and phone plans in the face of aggressive competition from Verizon's fiber-optic FiOS TV service.


The cable TV operator's Madison Square Garden group, which had been a drag on earnings, made a profit on strong season ticket sales for the New York Knicks basketball team and Rangers hockey team as costs fell.



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