U.S.

May 29, 2012

News Briefs May 29, 2012

Lockheed Martin brings in replacement workers

Lockheed Martin is putting temporary workers on its Fort Worth, Texas, aircraft assembly plant to replace striking Machinists’ union members.

The Fort Worth Star-Telegram reports the announcement came in a memo from Larry Lawson, Lockheed’s aeronautics division executive vice president. He says Lockheed must, in his words, “sustain our business rhythm and continue to meet our commitments.”

Lockheed spokesman Joe Stout wouldn’t say how many replacement workers were brought in May 24 but says it’s a small group that will likely increase. He added that they aren’t viewed as permanent replacements.

The strike by about 3,600 machinists is in its fifth week. A statement from the International Association of Machinists Local 776 says the move reflects its members’ resolve in fighting company proposals that would weaken pension and health care benefits. AP

 

Jet engine maker Pratt & Whitney cuts 300 U.S. jobs

Jet engine maker Pratt & Whitney is cutting 300 salaried jobs in the United States.

Spokesman Bryan Kidder said May 24 that orders for its geared turbofan engines are not expected until 2014 or 2015 and some military programs are ending.

Kidder says the job cuts represent 1 percent of the global workforce of the United Technologies Corp. subsidiary.

David Hess, president of Pratt & Whitney, told reporters May 2 that sales are expected to double to $24 billion by the end of the decade. But the company must get through a tough few years as the military requires different engines for new fighter jets.

High fuel costs and the weak economic recovery also are pressuring airline customers.

Pratt & Whitney posted sales of $3.05 billion in the first quarter, up 6 percent. Profit slid 9 percent, to $389 million. AP




All of this week's top headlines to your email every Friday.


 
 

 

Headlines March 2, 2015

News: Israel lobbies for more missile defense funds than Obama sought - For the second consecutive year, Israeli officials have asked the U.S. Congress to add more than $300 million to President Barack Obama’s budget request for their nation’s missile-defense programs.   Business: Inside one of the most intense, and unusual, Pentagon contracting wars - The much-anticipated...
 
 

News Briefs March 2, 2015

Italy resumes Navy exercise amid new tensions over Libya The Italian Navy is resuming exercises in the Mediterranean Sea, including near the coast of Libya, amid concerns about rapidly deteriorating security in the North African nation. The exercise began March 2 and includes anti-submarine, anti-aircraft and anti-ship training operations. The exercise was suspended for a...
 
 
LM-AEHF

Ingenuity drives Lockheed’s AEHF program to production milestone early

Lockheed Martin has successfully integrated the propulsion core and payload module for the fourth Advanced Extremely High Frequency (AEHF) satellite nearly five months ahead of schedule. Reaching this critical milestone early a...
 

 

First all-electric propulsion satellites send first on-orbit signals

Two Boeing 702SP (small platform) satellites, the first all-electric propulsion satellites to launch, have sent initial signals from space, marking the first step toward ABS, based in Bermuda, and Eutelsat, based in Paris, being able to provide enhanced communication services to their customers. Whatís more, the satellites were launched as a conjoined stack on a...
 
 

GA-ASI, Sener team to offer Predator B to Spain

General Atomics Aeronautical Systems, Inc. and SENER, a leading Spanish engineering company, announced March 2 that they have signed a teaming agreement that promotes the use of the multi-mission Predator B® RPA to support Spain’s airborne surveillance and reconnaissance requirements.  GAASI is a leading manufacturer of Remotely Piloted Aircraft systems, radars, and electro-optic and relate...
 
 
raytheon-satellite

Raytheon’s ‘Blue Marble’ imaging sensor delivered on schedule

Raytheon has delivered a second Visible Infrared Imaging Radiometer Suite instrument to support the National Oceanic and Atmospheric Administration’s Joint Polar Satellite System mission. The second VIIRS unit will fly ab...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>