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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LM-C5

Double Deuce

A U.S. Air Force crew ferried the 22nd C-5M Super Galaxy from the Lockheed Martin facilities in Marietta, Ga., Aug. 25. Aircraft 86-0011 was ferried by a crew led by Maj. Gen. Dwyer L. Dennis, Director, Global Reach Programs, O...
 
 
Northrop Grumman photograph

First ever RQ-4 Global Hawk hits 100th flight on NASA mission

Northrop Grumman photograph A historical look at the first Global Hawk (AV1) during its maiden flight over Edwards Air Force Base, Calif., on Feb. 28, 1998. AV1 has made history again with its 100th flight in support of NASA en...
 
 

Northrop Grumman’s CIRCM system completes U.S. Army flight testing

Northrop Grumman’s Common Infrared Countermeasures system recently completed another round of U.S. Army testing by demonstrating its capabilities on a UH-60M Black Hawk helicopter. The flight test was conducted at Redstone Arsenal in Huntsville, Ala., by the Redstone Test Center. The Northrop Grumman CIRCM system was subjected to rigorous conditions over a six-week period, after...
 

 

USSOCOM signs a five-year framework contract for the Carl-Gustaf weapon system

Defense and security company Saab has signed a new framework contract with the U.S. Special Operations Command for the company’s Carl-Gustaf man-portable weapon system (in the U.S. named MAAWS; Multi-role, Anti-armor Anti-Personnel Weapon System). The contract is a follow on agreement to a previous five-year contract for the 84mm recoilless rifle system. In connection with...
 
 

RQ-4 Global Hawk demonstrates expanded mission capabilities

With several test flights this summer, the U.S. Air Force RQ-4 Global Hawk Wide Area Surveillance Unmanned Aircraft System proved its ability to operate with an expanded variety of intelligence exploitation ground stations and collect mission data in more places. The RQ-4 Global Hawk UAS is built by Northrop Grumman and is equipped with a...
 
 
boeing-jordan

Boeing celebrates delivery of Royal Jordanian’s first 787 Dreamliner

  Boeing and Royal Jordanian Aug. 27 celebrated the delivery of the airline’s first 787 Dreamliner. The airplane will play a central role in the Amman-based airline’s strategic plan for fleet modernization. Roy...
 




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