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 April 17, 2015

News: Army extends benefits to Hood shooting victims¬†- The Army will provide “all possible benefits” to victims of the 2009 Fort Hood shooting who recently were awarded the Purple Heart, the service announced April 16.   Business: Rolls-Royce lands biggest deal in its 109-year history¬†- U.K. engineering company Rolls-Royce has won the largest order in...
 
 

News Briefs April 17, 2015

Army orders financial benefits for 2009 Fort Hood victims Dozens of soldiers and surviving family members of the 2009 Fort Hood, Texas, shooting are receiving additional Army pay that they felt was long overdue. The announcement from Army Sec. John McHugh April 16 comes a week after 36 Purple Hearts were awarded to victims and...
 
 
NASA illustration

NASA awards radiation challenge winners, launches next round

NASA illustration This illustration depicts our heliosphere, showing the approximate locations of Voyager 1 and Voyager 2 spacecraft. Galactic cosmic rays originate outside the heliosphere and stream in uniformly from all direc...
 

 

U.S. Air Force completes operational testing on Raytheon’s MALD-J

Raytheon and the U.S. Air Force successfully completed operational tests of Miniature Air Launched Decoy-Jammer, satisfying all requirements to attain Initial Operational Capability. “MALD-J’s unique capabilities have been proven in 42 successful flight tests during the last two years and brought us closer to full rate production,” said Mike Jarrett, vice president of Raytheon...
 
 

Northrop Grumman to expand North Dakota presence

In partnership with local leadership, Northrop Grumman confirmed its dedication to the future of unmanned systems development in the Red River Valley region by signing a lease agreement to anchor the new Grand Sky Technology Park in Grand Forks County. Northrop Grumman is working to identify specialized opportunities for the Grand Sky facility. The opportunities,...
 
 

Raytheon awarded more than $2 billion for an International Patriot system

Raytheon announced April 17 it has been awarded a contract worth over $2.0 billion to deliver the combat-proven Patriot Air and Missile Defense System to an undisclosed international customer. The contract, awarded April 2, 2015, and booked in the second quarter as a direct commercial sale, includes fully digitized new-production Patriot fire units with the...
 




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>