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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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Business

Raytheon to provide advanced telemetry system for Navy’s new Range Support Aircraft

Posted November 15, 2017 by

The U.S. Navy has awarded Raytheon a $79 million contract to develop a new advanced telemetry system for the U.S. Navy’s Range Support Aircraft. The high-tech plane will replace the Navy’s aging telemetry test aircraft, which has been in service since the 1970s. Based within the Gulfstream G550 airborne early warning airframe, Raytheon’s modern solution…

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Business

Raytheon-Lockheed gets $10M lightweight launcher contract

Posted July 31, 2017 by

TUCSON, Ariz.–A Raytheon-Lockheed team has been awarded a $10 million Army contract for work on a lightweight launcher in an attempt to upgrade the Javelin missile system. The Raytheon/Lockheed Martin Javelin Joint Venture, based at Raytheon Missile Systems in Tucson, Ariz., will work through September 2019 on reducing the weight of the Javelin Command Launch…

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Business

Lockheed Martin receives $944 million contract for PAC-3 missiles

Posted December 22, 2017 by

The United States and allied military forces will upgrade their missile defense capabilities under a new $944 million contract for production and delivery of Lockheed Martin Patriot Advanced Capability-3 (PAC-3) and PAC-3 Missile Segment Enhancement (PAC-3 MSE) interceptors. The contract includes PAC-3 and PAC-3 MSE interceptors and launcher modification kits for the U.S. Army, Romania…

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Business

Airbus-built Aeolus wind sensor satellite ready for shipment

Posted June 6, 2018 by

Airbus photograph ESA’s spacecraft Aeolus, built by Airbus is now ready for launch. Aeolus, the European Space Agency’s wind sensing satellite, is now ready for its upcoming launch. It will be shipped across the Atlantic on the Airbus vessel “Ciudad de Cádiz” to Kourou, French Guiana, where a Vega launcher will send it to orbit…

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Business

Predator-series aircraft pass five million flight hour mark

Posted April 9, 2018 by

General Atomics Aeronautical Systems, Inc. announced April 9 that its Predator®-series family of Remotely Piloted Aircraft, encompassing Predator, Predator B, Gray Eagle and Avenger® lines, has achieved a historic industry milestone: five million flight hours. The milestone was achieved on April 4, with 360,311 total missions completed and more than 90 percent of all missions…

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Business

Lockheed Martin, Romania sign agreement for PAC-3 MSE missile

Posted December 1, 2017 by

Lockheed Martin recently participated in a signing ceremony with U.S. and Romanian officials formalizing an agreement for Romania to purchase the Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missiles and related support equipment. Romania becomes the third international customer for the PAC-3 MSE. “We’re honored to partner with Romania on their efforts to protect…

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Business

Boeing selects supplier for 777X full-flight simulator suites

Posted April 20, 2016 by

Boeing announced April 19 it has selected TRU Simulation + Training, a Textron Inc. company as its supplier for the first 777X full-flight simulator suites for Boeing’s pro forma campuses.

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Business

Developing next-generation missile warning system for aircraft

Posted April 27, 2018 by

The U.S. Army has awarded BAE Systems a contract worth up to $97.9 million to develop a Quick Reaction Capability next-generation missile warning system for aircraft that will protect pilots and crews from new and emerging threats.

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Business

U.S. Navy awards Lockheed Martin $26 million contract for ELGTR

Posted August 7, 2017 by

Lockheed Martin has received a $26.5 million contract award from the U.S. Navy to produce Enhanced Laser Guided Training Rounds (ELGTR). The contract includes a base year order with options for four additional years. Under the contract, which extends ELGTR production into late 2019, Lockheed Martin will deliver ELGTRs and refurbish reusable shipping containers. Execution…

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