Business

General Dynamics awarded $432 Million by U.S. Navy for Virginia-class sub work

Posted December 11, 2017 by

General Dynamics Electric Boat has been awarded a $432 million contract modification by the U.S. Navy to provide research and development and lead-yard services for Virginia-class nuclear-powered attack submarines. Electric Boat is a wholly owned subsidiary of General Dynamics. Under the contract, Electric Boat will undertake development studies and other work related to Virginia-class submarine…

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Business

Lockheed Martin elects Jeh Johnson, James Taiclet to board of directors

Posted December 11, 2017 by

Lockheed Martin announced Dec. 11, 2017, that its board of directors has elected Jeh C. Johnson and James D. Taiclet, Jr. to the board effective January 1, 2018. Johnson, 60, is a partner at the international law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP. Previously, he served as U.S. secretary of homeland security…

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Business

Boeing, Turkish Airlines celebrate airline’s first 777 freighter

Posted December 8, 2017 by

Turkish Airlines photograph Boeing and Turkish Airlines celebrated the delivery Dec. 7 of the airline’s first 777 Freighter, the world’s longest-range twin-engine freighter. The plane is seen here arriving in Istanbul. Boeing and Turkish Airlines celebrated Dec. 7 the delivery of the airline’s first 777 Freighter, the world’s longest-range twin-engine freighter. The airplane and a…

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Army photograph
Business

Northrop Grumman to perform upgrades, modernization, integration on U.S. Army’s fixed wing ISR fleet

Posted December 8, 2017 by

Northrop Grumman has been awarded a $750 million contract by the U.S. Army to provide contractor life cycle services for the Army’s Special Electronic Mission Aircraft fleet.

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Business

Raytheon forms new subsidiary in United Arab Emirates

Posted December 8, 2017 by

Raytheon marked its 30-year anniversary of partnership with the United Arab Emirates by announcing it has formed Raytheon Emirates, a new, wholly owned subsidiary incorporated and headquartered in Abu Dhabi. The creation of Raytheon Emirates supports the Abu Dhabi Economic Vision 2030 by forming an aerospace and defense business that fosters cyber-secure digital transformation, contributes…

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Boeing photograph by Marian Lockhart
Business

Boeing KC-46A tanker for U.S. Air Force completes first flight

Posted December 6, 2017 by

Boeing photograph by Marian Lockhart The first KC-46 tanker for the U.S. Air Force takes off from Paine Field in Everett, Wash., on its maiden flight. During the three and one-half hour flight, pilots took the aircraft to 39,000 feet and performed operational checks on engines, flight controls and environmental systems. The KC-46 is a…

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Business

Northrop Grumman-built Fire Scouts experience pivotal year

Posted December 6, 2017 by

Northrop Grumman’s autonomous Fire Scout helicopters, the MQ-8B and MQ-8C, continued to strengthen the combat capability and lethality of the U.S. Navy’s air and surface warfare communities throughout 2017.

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Business

Airbus Helicopters completes AS565 MBe Panther deliveries to Mexican Navy

Posted December 6, 2017 by

The Mexican Navy has received its final two AS565 MBe Panther helicopters during a delivery ceremony at Airbus Helicopters in Marignane. With their order for 10 units in 2014, the Mexican Navy became the launch customer of this new version. The first four helicopters were delivered in 2016 and the remaining six during the course…

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Business

Lockheed Martin inks 5-year agreement to provide ELGTR to NATO countries

Posted December 6, 2017 by

Lockheed Martin and the NATO Support and Procurement Agency have signed a five-year agreement for the agency to purchase Enhanced Laser Guided Training Rounds on behalf of member countries. The follow-on agreement is in effect through 2021 and provides for the purchase of up to 3,000 ELGTRs a year for the next five years. “Lockheed…

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Business

Raytheon Missile Systems receives top security score

Posted December 6, 2017 by

TUCSON, Ariz. — Raytheon’s Missile Systems business received its sixth consecutive superior security rating from the Defense Security Service. Missile Systems achieved a score of 851, just 14 points shy of perfect. DSS awarded the score and rating after a week-long audit of the Tucson, Ariz., plant site. A superior rating is reserved for contractors…

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