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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Lockheed Martin photograph

Lockheed Martin successfully tests design changes for Orion spacecraft’s fairing separation system

Lockheed Martin photograph A protective panel for Orion’s service module is jettisoned during testing at Lockheed Martin’s Sunnyvale, California facility. This test series evaluated design changes to the spacecraft’s fair...
 
 

Australian company to provide parts for initial production of Triton UAS

Northrop Grumman has awarded the first Australian supplier contract for the U.S. Navy’s MQ-4C Triton unmanned aircraft system initial production lot to Ferra Engineering. Brisbane-based Ferra Engineering will manufacture mechanical sub-assemblies for the first four Triton air vehicles including structural components. “At Northrop Grumman it’s very important to not only develop...
 
 

Insitu awarded LRIP Lot IV RQ-21A Blackjack Systems contract

Under the terms of its latest contract, Insitu will build six RQ-21A Blackjack systems for the U.S. Navy and Marine Corps. The $78-million Small Tactical Unmanned Aircraft Systems Lot IV Low Rate Initial Production contract is the latest event in the program’s progression toward the Initial Operational Test and Evaluation phase.   “This award will...
 

 
LM-C5

Lockheed Martin delivers 29th C-5M Super Galaxy

The 29th Lockheed Martin C-5M Super Galaxy takes off on its delivery flight.  Lockheed Martin delivered the 29th C-5M Super Galaxy to the U. S. Air Force July 28. A Defense Contract Management Agency (DCMA) aircrew ferried the...
 
 

Northrop Grumman successfully delivers deformable mirror for world’s largest solar telescope

The world’s largest ground-based solar telescope is one step closer to operation with the acceptance of the deformable mirror engineered by AOA Xinetics, a Northrop Grumman company. The Daniel K. Inouye Solar Telescope, currently under construction on Haleakala on the island of Maui, Hawaii, will offer unprecedented high-resolution images of the sun using the latest...
 
 

Raytheon appoints president, Integrated Defense Systems

Raytheon Chairman and CEO Thomas A. Kennedy announced July 30 the appointment of Wesley D. Kremer as President, Integrated Defense Systems, effective immediately. Kremer, 50, previously served as vice president of the Air and Missile Defense Systems product line of Raytheon Missile Systems. He succeeds Daniel J. Crowley, who informed the company of his intention...
 




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