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® 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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Boeing breaks ground in St. Louis for new composites center

Boeing Dec. 16 began construction in St. Louis of a new 367,000-square-foot facility in which it will build parts for the newest member of its 777 commercial airplanes family, the 777X.  About 700 new jobs will be created for the 777X work. Construction should be complete in 2016, with work on 777X wing and empennage...
 
 

Raytheon, Bell conduct first missile launch from V-22

Raytheon and Bell Helicopter have completed two successful launches of the Griffin B missile from a Bell Boeing V-22 Osprey multi-mission aircraft at Yuma Proving Ground, Ariz. As an industry funded effort with Bell’s Xworx, Raytheon demonstrated the simplicity of integrating the Griffin B missile onto the V-22 platform. “This is the first time a...
 
 

Raytheon gallium nitride technology validated for space applications

Satellites may soon carry Raytheon’s Gallium Nitride technology into Earth orbit. Raytheon has successfully validated its GaN Monolithic Microwave Integrated Circuit technology for use in space-bound equipment. Raytheon GaN MMICs, fabricated at its Andover, Massachusetts foundry, demonstrated the radiation hardness required for space through Single Event Burn-out and Total Ionizing Dose t...
 

 
Air Force photograph by A1C Alexander Guerrero

317th AG delivers during massive JFE

Air Force photograph by A1C Alexander Guerrero Eleven C-130H Herculesí from various Air National Guard units and thirteen C-130J Super Herculesí from the 317th Airlift Group at Dyess Air Force Base, Texas, prepare to take off...
 
 
boeing-737-order

Boeing, Jetlines announce order for five 737 MAX 7s

  Boeing and Jetlines announced Dec. 15 an order for five 737 MAX 7s as the new Canadian ultra-low cost carrier builds its future fleet. The order, valued at $438 million at current list prices, includes purchase rights fo...
 
 

Air Force approves full rate production for JASSM-ER

The U.S. Air Force has approved full rate production for Lockheed Martin’s Joint Air-to-Surface Standoff Missile – Extended Range. JASSM-ER successfully completed U.S. Air Force Initial Operational Test and Evaluation flight testing in 2013. During IOT&E, the program had a 95 percent success rate, scoring 20 successes in 21 flights. Lots 11 and 12 of the...
 




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