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$NOC said at Mission Systems its SABR radar started flight testing for the US F-16 modernization program. SABR brings fifth generation radar capabilities to the F-16 by leveraging hardware and software commonality between F-22 and F-35 AESA radars. Mission Systems will begin delivering SABR for international F-16 customers later in 2016.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.