Business

January 18, 2013

Business briefs – January 18, 2013

Raytheon establishes Global Business Services group

Raytheon has established a new Global Business Services (GBS) group to build on the success of its well-instituted enterprise efficiency initiatives by applying proven service delivery practices more broadly across the company.

Raytheon GBS brings together best practices of the company’s supply chain management, finance, information technology and human resources functions to drive increased satisfaction among internal and external customers. The group will be led by Rebecca Rhoads, who continues to serve as Raytheon’s vice president and chief information officer.

“Global Business Services will leverage Raytheon systems across the company to enable simplified processes and increase operational speed and agility, while providing value to internal and external customers,” said William H. Swanson, chairman and CE. “Rebecca is uniquely qualified to lead this new group, having successfully led diverse teams dealing with the integration of complex capabilities and platforms across our company.”

 

 

United Technologies to sell Pump and Engine Control Systems unit

United Technologies Corp. announced Jan. 18 it has reached agreement to sell the former Goodrich Corporation pump and engine control systems business to Triumph Group, Inc.

The transaction is subject to regulatory approvals and customary closing conditions. Closing is expected in the first quarter of 2013.

Sale of the pump and engine control systems unit was one of the divestitures required by regulatory authorities as a condition of UTC’s acquisition of Goodrich Corporation.

United Technologies Corp., based in Hartford, Conn., is a diversified company providing high technology products and services to the building and aerospace industries.

 

General Dynamics receives $13 million Navy award for Common Missile Compartment development

The U.S. Navy has awarded General Dynamics Electric Boat a $12.8 million contract modification for the continued development of the Common Missile Compartment for the U.S. Ohio Replacement Program and the United Kingdom’s Successor ballistic-missile submarine. Electric Boat is a wholly owned subsidiary of General Dynamics.

Under the modification, Electric Boat will procure prototype material and equipment to be used in the production of the Common Missile Compartment.

The award modifies a $76 million contract announced in December 2008 for engineering, technical services, concept studies and design of a Common Missile Compartment for the next-generation ballistic missile submarines being developed for the U.S. Navy and the Royal Navy. This modification brings the total amount awarded under the contract to more than $770 million.

This work will engage Electric Boat’s engineering and design organization, which comprises more than 4,000 employees. Possessing proven technical capabilities, these employees work on all facets of the submarine life cycle from concept formulation and design through construction, maintenance and modernization, and eventually to inactivation and disposal.

 




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Headlines April 18, 2014

Business: Lockheed to Lose 17 F-35s Under Automatic Pentagon Cuts - Pentagon will cut 17 of the 343 F-35 fighters it planned to buy from Lockheed Martin in fiscal 2016 through 2019 unless Congress repeals automatic budget cuts, according to a new Defense Department report. DOD looking for ways not to break MH-60R helo deal - The...
 
 

News Briefs April 18, 2013

U.S. military deaths in Afghanistan at 2,177 As of April 15, 2014, at least 2,177 members of the U.S. military had died in Afghanistan as a result of the U.S.-led invasion of Afghanistan in late 2001, according to an Associated Press count. At least 1,802 military service members have died in Afghanistan as a result...
 
 
LM-F35-hours

F-35 fleet surpasses 15,000 flying hours

The Lockheed Martin F-35 Lightning II fleet recently surpassed 15,000 flight hours, marking a major milestone for the program.  “Flying 15,000 hours itself demonstrates that the program is maturing, but what I think is e...
 

 
nasa-cassini

NASA Cassini images may reveal birth of new Saturn moon

NASA’s Cassini spacecraft has documented the formation of a small icy object within the rings of Saturn that may be a new moon, and may also provide clues to the formation of the planet’s known moons. Images taken w...
 
 

NASA completes LADEE mission with planned impact on Moon’s surface

Ground controllers at NASA’s Ames Research Center in Moffett Field, Calif., have confirmed that NASA’s Lunar Atmosphere and Dust Environment Explorer spacecraft impacted the surface of the moon, as planned, between 9:30 and 10:22 p.m., PDT, April 17. LADEE lacked fuel to maintain a long-term lunar orbit or continue science operations and was intentionally sent...
 
 
Photograph courtesy of NASA Ames/SETI Institute/JPL-Caltech

NASA’s Kepler telescope discovers first Earth-size planet in ‘habitable zone’

Photograph courtesy of NASA Ames/SETI Institute/JPL-Caltech Kepler-186f resides in the Kepler-186 system about 500 light-years from Earth in the constellation Cygnus. The system is also home to four inner planets, seen lined up...
 




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