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Business

Lockheed Martin conducts collaborative unmanned systems demo

Posted December 2, 2015 by

Lockheed Martin has demonstrated its ability to integrate unmanned aircraft system operations into the National Airspace System using its prototype UAS Traffic Management capabilities.

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Republic of Singapore Air Force BWC celebrates 50,000 flying hours

Posted December 2, 2015 by

Through the Republic of Singapore Air Force Basic Wings Course program, Lockheed Martin and teammates Pilatus Aircraft and Hawker Pacific have delivered 50,000 flying hours and trained more than 300 pilots since 2008.

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Business

Final Boeing C-17 Globemaster III departs Long Beach assembly facility

Posted November 30, 2015 by

The final Boeing C-17 Globemaster III military airlifter at the company’s plant in Long Beach, Calif., departed Nov. 29, marking the official end of aircraft production in Long Beach.

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U.S. Navy issues remaining funding for Freedom-variant LCS

Posted November 30, 2015 by

The U.S. Navy has issued a Lockheed Martin-led industry team the balance of funding of $279 million for the construction of the future USS Cooperstown (LCS 23). The funding approved by Congress provides the financing required to maintain the cost and schedule of this critical national asset.  Congress provided $79 million in advanced procurement funding for…

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Boeing, BOC Aviation announce order for 22 737s

Posted November 25, 2015 by

Boeing and BOC Aviation, announced an order for 22 737 airplanes, building on the leasing company’s existing order book to fulfill customer demand. The order, consisting of 11 Next-Generation 737-800s and 11 737 MAX 8 airplanes, will be posted to Boeing’s Orders and Deliveries website once finalized. “This order demonstrates our continued confidence in the…

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Boeing, EVA Airways finalize Taiwan’s largest ever commercial airplane purchase

Posted November 25, 2015 by

Boeing and EVA Airways Nov. 24 finalized a historic order for up to 24 787-10 Dreamliners and two 777-300ER (Extended Range) jetliners. The order, valued at more than $8 billion at current list prices, marks the largest single commercial airplane purchase in Taiwan aviation.

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Business

PAC-3 Missile intercepts target in flight test

Posted November 25, 2015 by

A Lockheed Martin PAC-3 Missile successfully intercepted an incoming target Nov. 19, as part of a U.S. Army-led missile defense flight test at White Sands Missile Range, N.M.

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Business

Boeing, GE Capital Aviation Services celebrate delivery of lessor’s 500th Boeing airplane

Posted November 25, 2015 by

Boeing announced Nov. 20 the delivery of the 500th Boeing airplane to GE Capital Aviation Services. The Next-Generation 737-800 will be leased to Kenya Airways and is the 401st 737 delivered to the leasing company.   “This is a major milestone in our 20-year association with Boeing,” said Norm Liu, President and CEO, GECAS. “We…

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General Dynamics awarded $103 million by U.S. Navy for Virginia-class sub work

Posted November 25, 2015 by

General Dynamics Electric Boat in Groton, Conn., has been awarded a $102.8 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…

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Business

Milwaukee’s finest: U.S. Navy commissions newest LCS

Posted November 23, 2015 by

USS Milwaukee (LCS 5) -- in Milwaukee Nov. 21, officially placing the ship designed and constructed by a Lockheed Martin-led industry team into active service.

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