Business

Contract Briefs

Posted April 25, 2018 by

Army   Caddell Construction Co. (DE) LLC, Montgomery, Ala., was awarded a $127,000,000 firm-fixed-price contract for the construction of the National Nuclear Security Administration Albuquerque Complex, Albuquerque, New Mexico. Bids were solicited via the Internet with four received. Work will be performed in Albuquerque, N.M., with an estimated completion date of Nov. 6, 2020. Fiscal…

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Business

Raytheon completes milestone for next-generation GPS controls

Posted June 27, 2016 by

Raytheon has achieved another test milestone in its development of the U.S. Air Force’s Global Positioning System Next Generation Operational Control System, or GPS OCX. This new system offers significant improvements to the GPS on which the U.S. military and millions of civilians rely, including enhanced availability, accuracy and security. OCX’s development is delivered in…

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Business

Boeing innovations: Sometimes lucrative, sometimes a bust

Posted May 9, 2016 by Dan Catchpole

Austin Ballard steadied himself on a wooden ladder and threaded a cable capped with a tiny camera lens into a cylinder on one of the Boeing 247’s engines. With his eyes on the display screen at his side, he guided the camera around the hollow space. He pushed a propeller blade, shifting the cylinder’s piston,…

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Business

Standard Missile-3 flight test validates engineering upgrade

Posted May 27, 2016 by

Raytheon and the Missile Defense Agency completed a successful flight test of an improved Standard Missile-3 (SM-3) Block IB third stage rocket motor.

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Business

Northrop Grumman completes B-2 maintenance in record time

Posted December 14, 2015 by

Northrop Grumman has delivered on a commitment to the U.S. Air Force to increase the availability of the B-2 stealth bomber fleet by completing a periodic "wingtip-to-wingtip" overhaul of the jet in a record 359 days.

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Business

Contractors accuse Iraq of shake downs to force tax payments

Posted September 27, 2017 by Richard Lardner

American military contractors operating in Iraq are accusing Baghdad of employing strong-arm tactics to make them pay exorbitant income taxes, a practice they’ve warned the Trump administration is hampering the fight against Islamic State extremists. To force payment of the taxes, which the companies say are haphazardly calculated and can total millions of dollars, Iraqi…

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Business

Northrop Grumman begins MQ-8C Fire Scout flight tests in Mississippi

Posted September 17, 2018 by

Northrop Grumman recently began flight tests for MQ-8C Fire Scout aircraft produced in Moss Point at the Trent Lott International Airport, a major milestone for the company and the region’s aerospace economy.

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Business

Boeing names new senior leaders, launches Integrated Services Business

Posted November 22, 2016 by

Boeing photograph Ray Conner Boeing Chairman, President and CEO Dennis Muilenburg Nov. 21 named Kevin G. McAllister president and CEO of Boeing Commercial Airplanes, succeeding company Vice Chairman Ray Conner in that role. Muilenburg also appointed Stanley A. Deal president and CEO of Boeing Global Services, a new business unit to be formed from the…

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Business

Lockheed Martin, Tata announce F-16 India partnership

Posted June 19, 2017 by

Lockheed Martin photograph Sukaran Singh, CEO of Tata Advanced Systems Limited, (seated left) and George Standridge, vice president of Strategy and Business Development, Lockheed Martin Aeronautics, sign a letter of intent to produce the F-16 Block 70 in India. Standing are Mr. Ratean Tata, Chairman Emeritus, Tata Sons, and Orlando Carvalho, executive vice president of…

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Business

Lockheed Martin completes foundation for satellite factory of future

Posted February 28, 2018 by

The foundation for Lockheed Martin's satellite production factory of the future has been completed in Denver, Colo.

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