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Headlines – January 15, 2014

Posted January 15, 2014 by

News: Navy divers recover remains of missing MH-53E pilot – Navy divers searching the wreckage of the MH-53E “Sea Dragon” recovered the remains of missing pilot, Lt. Sean Christopher Snyder Jan. 14.  War funding climbs in omnibus bill for first time since 2010 – A massive U.S. government spending bill introduced Jan. 13 evening would ramp up…

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Business

Forecast International views emerging African arms market favorable for both international, African defense companies

Posted January 15, 2014 by

Over the next decade, the gross domestic product among African countries is expected to rise by an average of 6 percent a year, according to Forecast International. This concrete and sustainable growth will allow for ample economic opportunities on the continent. For defense companies, this means that Africa is starting to evolve into an attractive…

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Business

Predator-series aircraft pivotal to search, rescue missions

Posted January 15, 2014 by

General Atomics Aeronautical Systems, Inc. announced Jan. 15 that MQ-1 Predator® and Predator B/MQ-9 Reaper RPA successfully supported local law enforcement officials in their efforts to find a missing mountain biker who was stranded and injured in the Lincoln National Forest in New Mexico last October. GAASI is a leading manufacturer of Remotely Piloted Aircraft,…

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Business

Lockheed Martin completes critical milestone to upgrade Navy’s electronic warfare defenses

Posted January 15, 2014 by

Lockheed Martin recently completed a milestone test on the U.S. Navy’s evolutionary Surface Electronic Warfare Improvement Program Block 2 system. This test further validated the system’s ability to protect the Navy’s fleet from evolving anti-ship missile threats. Under SEWIP Block 2, Lockheed Martin will upgrade the AN/SLQ-32(V)2 system found on all U.S. aircraft carriers, cruisers,…

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Business

Northrop Grumman awarded follow-on contract for U.S. Air Force’s GPS-challenged navigation, Geo-registration solution

Posted January 15, 2014 by

Northrop Grumman has been awarded a phase three navigation system related contract from the U.S. Air Force Research Laboratory to continue improving geo-registration accuracy for positioning and pointing applications, even in GPS-denied conditions. In the first two phases of the Maintain Accurate Geo-registration via Image-nav Compensation program, Northrop Grumman integrated georegistration algorithms in a vision-aided…

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Business

Sea Giraffe radar now AN/SPS-77(V)1 in U.S.

Posted January 15, 2014 by

Saab Defense and Security USA announced Jan. 15 that Saab’s Sea Giraffe AMB Radar recently received its official designation from the U.S. Navy. The Sea Giraffe AMB Radar system’s official U.S. Navy nomenclature is now the AN/SPS-77 (V)1.  Partnering with General Dynamics, Bath Iron Works and Austal, SDAS is responsible for integrating the AN/SPS-77 radar…

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Business

William H. Swanson to step down as Raytheon CEO

Posted January 15, 2014 by

Raytheon announced Jan. 15 that its Board of Directors has elected Dr. Thomas A. Kennedy, age 58, to serve as the chief executive officer of Raytheon, effective March 31, 2014.

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Space

NASA invites public to send names on an asteroid mission, beyond

Posted January 15, 2014 by

NASA is inviting people around the world to submit their names to be etched on a microchip aboard a spacecraft headed to the asteroid Bennu in 2016. The “Messages to Bennu!” microchip will travel to the asteroid aboard the agency’s Origins-Spectral Interpretation Resource Identification Security Regolith Explorer (OSIRIS-REx) spacecraft. The robotic mission will spend more…

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Business

Longbow missiles demonstrate littoral attack Capability

Posted January 15, 2014 by

The U.S. Army and Navy, with assistance from Lockheed Martin, recently conducted Longbow missile demonstration firings to showcase the missile’s ability to counter littoral threats, making the weapon an effective candidate for potential use in operational shipboard launches.  During the demonstrations, multiple U.S. Army Longbow missiles were fired from a launch fixture provided by the…

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Business

Boeing Capital’s Cave to retire; Allen named president, to realign unit to Boeing Corporate Treasury

Posted January 15, 2014 by

Boeing executive Mike Cave, president of Boeing Capital Corporation, the company’s product financing unit, announced Jan. 15 that he will retire on May 1. Marc Allen, Boeing China president, will replace Cave, effective March 14. Cave, 53, who also serves as a Boeing senior vice president, has led Boeing Capital since January 2010. The unit…

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