Business

Airbus, Chinese partners strengthen cooperation

Posted January 10, 2018 by

In the presence of visiting French President Emmanuel Macron and Chinese President Xi Jinping, Airbus has signed a Memorandum of Understanding with the National Development and Reform Commission of China on the further development of industrial cooperation in Tianjin. The agreement was signed by He Lifeng, Chairman of the National Development and Reform Commission of…

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Business

Boeing, Royal Air Maroc announce orders for Four 787 Dreamliners

Posted December 28, 2017 by

Boeing and Royal Air Maroc (RAM) announced Dec. 27 orders for (4) 787-9 Dreamliners – valued at $1.1 billion at list prices – that will enable Morocco’s flag carrier to expand international service. The orders, previously listed as unidentified on Boeing’s Orders & Deliveries website, include two 787s purchased in December 2016 and two purchased…

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Business

Boeing awarded $2.8 billion for KC-46A tanker initial production

Posted August 19, 2016 by

The U.S. Air Force awarded Boeing $2.8 billion on Aug. 18 for KC-46A tanker low-rate initial production. The award includes the first two “production lots” of 7 and 12 planes respectively, as well as spare parts. Including future options, Boeing plans to build a total of 179 of the 767-based refueling aircraft for the Air…

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Business

General Dynamics receives $101 million U.S. Navy award for Ohio replacement submarine development

Posted October 10, 2016 by

The U.S. Navy has awarded General Dynamics Electric Boat a $101.3 million contract modification to continue development of the Common Missile Compartment for the Navy’s Ohio Replacement submarine and the United Kingdom’s Successor-class ballistic-missile submarine. The modification is for the procurement of 22 missile tubes to support the manufacturing of the Common Missile Compartment. Electric…

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Business

Lockheed Martin develops world-first LTE-over-satellite system

Posted March 13, 2019 by

Lockheed Martin has developed a new LTE-over-Satellite system designed to provide connectivity to remote regions, including areas without cellphone coverage, boats off-shore, or during natural disasters like hurricanes, wildfires, earthquakes, catastrophic floods or volcanoes. New hotspots connect existing phones to satellites for reliable 4G connections. “When disaster strikes, cell phone networks often go down –…

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Business

Lockheed Martin launches unmanned vehicle control software

Posted February 21, 2018 by

Lockheed Martin software has been simultaneously flying, on average, at least six unmanned aircraft during every hour of the last 25 years, completing missions as diverse as reconnaisance, inspection, mapping and targeting. Today, Lockheed Martin is launching VCSi, a new vehicle control software, as the culmination of more than two decades of experience and 1.5…

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Business

U.S. Navy orders additional APKWS rocket guidance kits

Posted October 13, 2017 by

The U.S. Navy has awarded BAE Systems a $59.5 million contract for additional APKWSTM guidance kits to transform unguided 2.75-inch (70-millimeter) rockets into laser-guided precision munitions. The new contract will enable BAE Systems to continue to meet the growing demand for cost-effective guided munitions for U.S. armed forces and allied international customers. The new award,…

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Business

Boeing, Embraer attempt a joint venture

Posted July 6, 2018 by AP

Boeing and the Brazilian jet maker Embraer will attempt to form a joint venture that would push the U.S. aerospace giant more aggressively into the regional aircraft market. The new company, which has faced heavy scrutiny from lawmakers in Brazil, is being valued at about $4.7 billion. The companies said July 5 that Boeing will…

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Business

Lockheed Martin delivering next-gen Apache sensor systems under new U.S. Army contract

Posted October 9, 2017 by

Lockheed Martin has received $337 million in orders to supply Apache Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (MTADS/PNVS) systems and services to the United States, United Kingdom and the Kingdom of Saudi Arabia.

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Business

GA-ASI announces collaboration with Kaist’s CR2CENT

Posted October 20, 2017 by

General Atomics Aeronautical Systems, Inc., a leading manufacturer of Remotely Piloted Aircraft Systems, has signed a Memorandum of Understanding with the Korean Advanced Institute of Science and Technology, one of the world’s leading universities specializing in science and technology. KAIST is host to CR2CENT, Korea’s Civil RPAS Research Center, which provides advice and analysis to…

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