Business

Patriot nation awards Raytheon more than $600 million to upgrade missile defense system

Posted December 30, 2016 by

An undisclosed member of the 13 nations which owns and operates the combat-proven Patriot Integrated Air and Missile Defense System has awarded Raytheon a direct commercial sales contract worth more than $600 million to upgrade the system to the most current configuration. “Patriot saves lives,” said Ralph Acaba, Raytheon vice president of Integrated Air and…

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Business

General Dynamics NASSCO begins construction on 5th ship in program for U.S. Navy

Posted January 27, 2017 by

General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, has began construction on a fifth ship for the U.S. Navy’s Expeditionary Transfer Dock/Expeditionary Sea Base program. Designed to provide advanced flexibility and capability for sea-to-shore missions, the newest ESB will include a 52,000 square-foot flight deck, fuel and equipment storage, repair spaces, magazines, mission…

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Business

XTI Aircraft, Bye Aerospace form alliance on hybrid/electric vertical takeoff airplane

Posted March 6, 2017 by

XTI Aircraft Company and Bye Aerospace, Inc. jointly announced March 6 that the two companies have entered into an agreement to develop a hybrid/electric prototype of XTI’s revolutionary TriFan vertical takeoff airplane. “We’re continuing with our plan,” said Robert J. LaBelle, XTI’s chief executive officer, “but we’ve made two important changes. First, with the engineering expertise…

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Business

Contract Briefs

Posted April 15, 2017 by

Navy   L-3 Communications Vertex Aerospace, Madison, Miss., is being awarded a $202,164,280 firm-fixed-price, indefinite-delivery requirements contract for depot level maintenance, logistics, and sustaining engineering services in support of the C-12 utility lift aircraft for the Navy and Marine Corps.  Services to be provided include site support maintenance, aircraft depot maintenance, engine depot maintenance, aircraft…

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Business

Contract Briefs

Posted May 12, 2017 by

Army   General Atomics Aeronautical Systems Inc., Poway, Calif., was awarded a $221,577,527 modification (P00102) to contract W58RGZ-13-C-0109 for hardware acquisition for the extended range Gray Eagle unmanned aircraft system, to include 20 extended range aircraft; 20 satellite communications (SATCOM) air data terminals; six universal ground control stations; one mobile ground control station; nine universal…

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Business

Lockheed Martin’s Indago UAS achieves first beyond visual line of sight inspection in North America

Posted June 2, 2017 by

Lockheed Martin, in partnership with Canadian UAVs, completed the first beyond visual line of sight (BVLOS) pipeline and well assets inspection using the Lockheed Martin Indago 2.

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German aerospace companies visit Sikorsky’s West Palm Beach facility

Posted July 5, 2017 by

Sikorsky, a Lockheed Martin company, recently hosted leading German aerospace companies that have engineering, manufacturing and maintenance, repair, overhaul expertise.

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Business

Lockheed Martin unveils next gen missile defense sensor technology

Posted August 7, 2017 by

Lockheed Martin will unveil its next generation air and missile defense radar demonstrator at the annual Space & Missile Defense Symposium this week in Huntsville, Ala. The active electronically scanned array (AESA) Radar for Engagement and Surveillance (ARES) is a representative full-scale prototype of the technology to support a modern, 360-degree capable sensor that the…

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Business

Lockheed Martin Ventures invests in Ocean Aero, strengthening focus on unmanned maritime systems

Posted September 15, 2017 by

Lockheed Martin photograph Ocean Aero’s latest model, the Submaran S10, has the power and payload for a wide range of sensor systems. Lockheed Martin Ventures is making a strategic investment in Ocean Aero, the developer of the Submaran™ unmanned maritime vehicle. This is Lockheed Martin Ventures’ third investment this year, and it will create opportunities…

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Business

Boeing, Air India celebrate airline’s 125th delivery

Posted October 13, 2017 by

Boeing and Air India Oct. 11 celebrated the delivery of the airline’s 125th airplane from Boeing. The airplane is the 27th 787-8 Dreamliner for the national carrier. “Boeing airplanes are, and always have been, the foundation of Air India’s fleet, providing us with the very best in economics, fuel efficiency, flexibility and passenger comfort,” said Rajiv…

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