DOD photograph by SFC Clydell Kichen
Business

Deputy defense secretary inspects P-8A final assembly facility

Posted April 11, 2016 by Cheryl Pellerin

During the final stop on his trip to the Pacific Northwest last week, Deputy Defense Secretary Bob Work inspected the final assembly facilities of the Boeing 737 and its derived military marine patrol aircraft, the P-8A Poseidon.

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Business

High product, labor costs lead to decline in Boeing’s profit

Posted April 29, 2016 by Scott Mayerowitz

Aerospace giant Boeing saw its quarterly earnings plunge 9 percent compared to last year, with the Chicago-based company posting $1.2 billion in profits. Revenues were up 2 percent to $22.6 billion but that was not enough to offset higher costs for Boeing’s products and labor. Boeing is currently in the process of reducing its 160,000-person…

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Business

MIT, Lockheed Martin launch long-term research collaboration

Posted May 16, 2016 by

As part of a new collaborative initiative in autonomy and robotics, MIT and Lockheed Martin engineers will focus on innovations needed to enable generation-after-next autonomous systems. Improvements in human/machine teaming and navigation in complex environments are among the research challenges that Lockheed Martin is inviting MIT faculty and their students to help solve. “We have…

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Business

Contract Briefs

Posted June 8, 2016 by

Army   Boeing Co., Mesa, Ariz., was awarded a $667,522,500 undefinitized fixed-price-incentive, foreign military sales contract (Qatar) for 24 AH-64E Apache helicopters, 1 Longbow crew trainer, ground support equipment, and Thales radios.  One bid was solicited with one received.  Work will be performed in Mesa, Ariz., with an estimated completion date of May 31, 2020. …

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Business

U.S. Navy awards General Dynamics $116 million for Virginia payload module development

Posted July 6, 2016 by

General Dynamics Electric Boat has been awarded a $116 million contract modification for the continued development of the Virginia Payload Module. Electric Boat is a wholly owned subsidiary of General Dynamics. The VPM will comprise four large-diameter payload tubes in a new hull section to be inserted in Virginia-class submarines, boosting strike capacity by 230…

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Lockheed Martin photograph
Business

Lockheed Martin-led team lays keel on 17th LCS

Posted July 20, 2016 by

Lockheed Martin photograph A welder authenticates the keel of LCS 17, the future USS Indianapolis, by welding the initials of ship sponsor Jill Donnelly. The Keel Laying is the formal recognition of the start of the ship’s module construction process. The Lockheed Martin-led industry team officially laid the keel for the U.S. Navy’s 17th Littoral…

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Business

Northrop Grumman delivers mission critical hardware for enhanced polar system ground station network

Posted August 10, 2016 by

Northrop Grumman successfully deployed the Enhanced Polar System (EPS) Control and Planning Segment hardware in December 2015 to operational sites at Clear Air Force Station, Alaska and Schriever Air Force Base, Colo. — paving the way for System Acceptance Testing in the spring of 2017. The U.S. Air Force’s EPS provides secure, jam-resistant satellite communications…

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Business

Raytheon, U.S. Navy collaboration improves mine detection

Posted August 31, 2016 by

Raytheon and the Naval Undersea Warfare Center – Division Newport [Rhode Island] have enhanced Raytheon’s AN/AQS-20A mine-hunting sonar for better performance and reliability, including higher-quality imaging of objects deep under the sea, improving the system’s ability to identify and classify mines. Raytheon and NUWC formally launched the AN/AQS-20A collaboration last year, under a ‘work for…

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Business

GA-ASI demonstrates advanced communications capability

Posted September 28, 2016 by

General Atomics Aeronautical Systems, Inc., announced Sept. 27 that its Network Centric Communications Pod successfully demonstrated the ability to provide a robust communications data link between Unmanned Aircraft System and U.S. Marine Corps ground and air forces during an exercise held at Marine Corps Air Ground Combat Center, Twentynine Palms, Calif., in July. GAASI is…

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Lockheed Martin photograph
Business

CH-53K King Stallion passes initial operational testing

Posted October 24, 2016 by

Lockheed Martin announced Oct. 21 the CH-53K King Stallion successfully completed initial operational testing by the U.S. Marine Corps to verify the key capabilities of the heavy lift helicopter.

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