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Business

Boeing, Japan Airlines announce order for four 787-8 Dreamliners

Posted September 22, 2017 by

Boeing and Japan Airlines announced an order Sept. 20 for four 787-8 Dreamliners. The order, which was previously listed on the Boeing Orders & Deliveries website, attributed to an unidentified customer, is valued at more than $900 million at current list prices and will expand JAL’s Dreamliner fleet to 49 airplanes. “This order for additional…

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Business

PAC-3 MSE test successful from remote launcher

Posted September 22, 2017 by

A Lockheed Martin PAC-3 Missile Segment Enhancement interceptor successfully intercepted a tactical ballistic missile target Sept. 16 in the first-ever MSE test from a remote launcher.   As part of a U.S. Army-led missile defense flight test at the Reagan Test Site at the Kwajalein Atoll in the Marshall Islands, the test demonstrated the expanded…

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Business

Boeing, Turkish Airlines close deal

Posted September 22, 2017 by

Boeing and Turkish Airlines today announced the airline’s intention to order 40 787-9 Dreamliners. The order will be reflected on the Boeing Orders and Deliveries website once finalized. “The 787 Dreamliner is the most technologically advanced airplane in the world,” said M. ?lker Ayc?, chairman of the board and the executive committee, Turkish Airlines. “Our…

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Business

Lockheed Martin completes 300th electro-optical targeting system for F-35

Posted September 20, 2017 by

Lockheed Martin recently completed its 300th Electro-Optical Targeting System (EOTS) for the F-35 Lightning II stealth fighter. 

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Business

Trudeau: Canada could stop dealing with Boeing over dispute

Posted September 20, 2017 by Rob Gillies

Canadian Prime Minister Justin Trudeau said Sept. 18 his government could stop doing business with Boeing if the U.S. company doesn’t drop a trade complaint against Canadian plane maker Bombardier. Trudeau said Canada “won’t do business with a company that’s busy trying to sue us and put our aerospace workers out of business.” Canada had…

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Business

Northrop Grumman to acquire Orbital ATK for $9.2 billion

Posted September 20, 2017 by

Northrop Grumman and Orbital ATK announced Sept. 18 that they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of $1.4 billion in net debt. Orbital ATK shareholders will receive all-cash consideration of $134.50 per share. The agreement has been approved…

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Business

Upgraded laser outguns threat in half the time

Posted September 20, 2017 by

A Lockheed Martin prototype laser weapon system proved that an advanced system of sensors, software and specialized optics can deliver decisive lethality against unmanned aerial vehicle threats.

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LM-POD
Business

Lockheed Martin’s Legion Pod wins F-15C IRST competition

Posted September 20, 2017 by

Lockheed Martin’s Legion Pod® has been selected as the Infrared Search and Track system for the U.S. Air Force’s F-15C fleet. Lockheed Martin will produce more than 130 systems, which will be delivered for aircraft integration. Equipped with the company’s IRST21® infrared sensor and advanced data processing capabilities, Legion Pod provides long-range detection and tracking…

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Business

Lockheed Martin opens new onsite training facility

Posted September 15, 2017 by

Lockheed Martin photograph State and local officials join Lockheed Martin representatives in opening the AIDT Advanced Manufacturing & Technology Center. From left to right: Lee Hammett, AIDT; Jason Crager, Lockheed Martin; Ed Castile, AIDT; Jason Reeves, Troy City Mayor; Bobby Jon Drinkard, AIDT. Lockheed Martin celebrated the opening of a new onsite training facility Oct….

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Business

Boeing selects Triumph Group as major supplier for its U.S. Air Force T-X offer

Posted September 15, 2017 by

Boeing has selected Triumph Group, Inc. as a major supplier for its T-X Air Force training jet. If the Air Force awards the contract to Boeing, Triumph’s Aerospace Structures business unit, located in Red Oak, Texas, will supply the wing, vertical tail and horizontal tail structures, with opportunities for additional work, generating 950 direct and…

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