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.

 




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


 
 

 

Headlines April 14, 2014

Business: U.S. Navy looks to leverage submarine work to keep costs down - The U.S. Navy hopes to save money and time by leveraging industry investments as it replaces its Ohio-class nuclear-armed submarines with the Virginia-class attack submarines now built by General Dynamics Corp and Huntington Ingalls Industries Inc.  Study raises red flags on California aerospace...
 
 

News Briefs April 14, 2014

U.S. Navy destroyer Zumwalt christened in Maine The U.S. Navy has christened the first ship of its newest class of destroyers, a 610-foot (186-meter)-long warship with advanced technologies and a stealthy design that will reduce its visibility on enemy radars. The warship bears the name of the late Adm. Elmo ìBudî Zumwalt, who became the...
 
 
Navy photograph by Seamn Edward Guttierrez III

Russian aircraft flies near U.S. Navy ship in Black Sea

Navy photograph by Seamn Edward Guttierrez III Sailors man the rails as the Arleigh Burke-class guided-missile destroyer USS Donald Cook arrives at Naval Station Rota, Spain, Feb. 11, 2014. Donald Cook is the first of four Arle...
 

 

45th Space Wing launches NRO Satellite on board Atlas V

The 45th Space Wing successfully launched a United Launch Alliance Atlas V rocket from Space Launch Complex 41, Vandenberg Air Force Base, Calif., at 1:45 p.m. April 10 carrying a classified national security payload. The payload was designed and built by the National Reconnaissance Office. “I am proud of the persistence and focus of the...
 
 

U.S. Air Force selects Cubic for Moroccan P5 air combat training system

Cubic Defense Systems, a subsidiary of Cubic Corporation announced April 11 it has been awarded a contract valued at more than $5 million from the U.S. Air Force to supply its P5 Combat Training System to the Moroccan Air Force. Morocco will join the United States Air Force, Navy, and Marine Corps, along with a...
 
 
Lockheed Martin photograph

NASA’s Orion Spacecraft powers through first integrated system testing

Lockheed Martin photograph Engineers in the Operations and Checkout Building at NASA’s Kennedy Space Center in Florida, perform avionics testing on the Orion spacecraft being prepared for its first trip to space later this ye...
 




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>