Business

April 17, 2012

Business Briefs April 17, 2012


HEICO acquires Aerospace Electronics product line

HEICO reported April 16 that its Radiant Power Corp. subsidiary acquired the aerospace assets of Moritz Aerospace, Inc. in an all cash transaction.

Radiant is part of HEICO’s Electronic Technologies Group.

HEICO stated that it expects the acquisition to be accretive to its earnings within a year following the purchase. Further financial terms and details were not disclosed.

The Moritz Aerospace product line, which was founded in 1994 and is currently located in Hatfield, Penn., designs and manufactures next generation wireless cabin control systems, solid state power distribution and management systems and fuel level sensing systems for business jets and for general aviation, as well as for the military/defense market segments.

The Moritz Aerospace product line is currently supported by approximately 20 people.

 

EMCORE awarded solar panel contract

EMCORE Corporation, a leading provider of compound semiconductor-based components and subsystems for the fiber optic and solar power markets, has been awarded a contract by Ball Aerospace & Technologies Corporation to design, manufacture, test and deliver solar panels for a new spacecraft.

The period of performance for this program is about 2 years, with a total contract value of nearly $6 million.

The solar panels delivered to BATC will be populated with EMCORE’s ZTJ multi-junction solar cells. The ZTJ is currently the highest performance space-grade solar cell available in volume production to the global market. Production of the solar cells and panels will take place at EMCORE’s state-of-the-art manufacturing facilities located in Albuquerque, N.M.

 

AAI Unmanned Aircraft Systems wins special ops contract

AAI Unmanned Aircraft Systems has won the competitive Mid-Endurance Unmanned Aircraft Systems II award from the U.S. Special Operations Command.

AAI is an operating unit of Textron Systems, a Textron Inc.

The three-year award, valued at just under $600 million, includes support operations using AAI’s Aerosonde├é┬« Small Unmanned Aircraft System. Total initial funding for these activities is $20 million.

The Aerosonde SUAS is a high-performance system that incorporates a heavy-fuel engine for superior endurance. The Aerosonde aircraft’s single electro-optic/infrared payload delivers day-and-night, persistent intelligence, surveillance and reconnaissance, while its large payload size, weight and power can accommodate another payload of choice for multi-mission flexibility. It utilizes AAI’s one-piece Launch and Recovery Trailer and the Expeditionary Ground Control Station for expeditionary land- and sea-based operations.

 

Boeing releases DataMaster 5.1

Boeing announced recently the release of DataMaster 5.1, an advanced version of its geospatial data tool that offers defense and Intelligence Community customers improved map, terrain and full-motion video management.

“Boeing is responding to the need of intelligence, surveillance and reconnaissance mission analysts to be able to create a structured ‘library’ where vast amounts of geospatial data can be catalogued, organized and quickly retrieved,” said Jonathan Moneymaker, director of Intelligence Systems Group for Boeing Information Solutions. “Using DataMaster 5.1 during a natural disaster, for example, an analyst could bring together video and imagery surveillance data to aid in damage assessment and identify areas where emergency-response resources may be needed.”

DataMaster 5.1 is available to new Boeing customers as well as to current customers with active DataMaster subscriptions.

DataMaster is a comprehensive suite of commercial-off-the-shelf products and capabilities from the Boeing Intelligence Systems Group that allows users to retrieve, convert and manage image and geospatial information from resources around the world.




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News Briefs August 18, 2014

New U.S. strikes in Iraq include land-based bombers The latest round of U.S. airstrikes in Iraq against the Islamic State extremist group includes the first reported use of land-based bombers in the military campaign. U.S. Central Command says a combination of bombers, fighter jets, attack planes and unmanned drones hit targets near Iraq’s largest dam...
 
 

Headlines August 18, 2014

News NATO would respond militarily to Crimea-style infiltration: general If Russia tries to infiltrate troops into a NATO country, even out of official military uniform as it did before it annexed Ukraine’s Crimea, NATO will respond militarily, the alliance’s top commander said in an interview published Aug. 17. http://www.reuters.com/article/2014/08/17/us-ukraine-crisis-breedlove-i...
 
 

U.S. Navy to test, evaluate Lockheed Martin industrial exoskeletons

Lockheed Martin has received a contract through the National Center for Manufacturing Sciences for the U.S. Navy to evaluate and test two FORTIS exoskeletons. This marks the first procurement of Lockheed Martin’s exoskeletons for industrial use. Terms of the contract were not disclosed. The FORTIS exoskeleton is an unpowered, lightweight exoskeleton that increases an operator’s...
 

 

Orbital completes third cargo delivery mission to ISS

Orbital Sciences Corporation, one of the world’s leading space technology companies, announced Aug. 18 the successful completion of its third cargo delivery mission to the International Space Station in the past 10 months, including the initial demonstration flight completed in October 2013 and the first two operational missions under the company’s $1.9 billion Commercial Resupply...
 
 

Brown extends tax credit to Northrop Grumman

California Gov. Jerry Brown has signed legislation that extends a $420 million state tax credit to aerospace giant Northrop Grumman after approving a similar deal for its competitor, Lockheed Martin. Brown’s office announced Aug. 15 that he signed SB718 by Sens. Richard Roth, D-Riverside, and Sen. Stephen Knight, R-Palmdale. It expands an aerospace tax credit...
 
 
Air Force photograph by SSgt. Sean Martin

Bomber crews showcase take-off talents

https://www.youtube.com/watch?v=F_8qr7ojpWg&feature=player_embedded Air Force photograph by SSgt. Sean Martin A B-52H Stratofortress starts its engines during a Minimum Interval Takeoff on Barksdale Air Force Base, La., Au...
 




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