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Raytheon’s new-production Patriot launches PAC-3 Missile in successful flight test

Posted March 30, 2012 by

Raytheon’s modernized Patriot Air and Missile Defense System successfully fired two PAC-3 missiles to engage a tactical ballistic missile at White Sands Missile Range, N.M. This is the first time PAC-3 missiles have been fired from a new-production Patriot system. “The demonstrated flawless performance of the modernized Patriot system means our customers can deliver the…

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Boeing makes 737 MAX design decisions

Posted April 17, 2012 by

Boeing has made a series of design updates to the 737 MAX to further optimize the new-engine variant’s performance. “The 737 MAX is on-track to deliver substantial fuel-savings to customers starting in 2017,” said Beverly Wyse, vice president and general manager, 737 program. “We’ve made several design decisions that support the performance targets for the…

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Northrop Grumman first quarter profit falls 4.5 percent

Posted April 25, 2012 by

Northrop Grumman said April 25 its first-quarter profit fell 4.5 percent, as drops in U.S. defense spending reduced sales at its major businesses. The Falls Church, Va.,-based defense contractor earned $506 million, or $1.96 per share, down from $530 million, or $1.79 per share, in the same quarter last year. The year-ago period was boosted…

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Boeing designs advanced technology winglet for 737 MAX

Posted May 2, 2012 by

Boeing today May 2 a new winglet design concept for the 737 MAX. The new Advanced Technology winglet will provide MAX customers with up to an additional 1.5 percent fuel-burn improvement, depending on range...

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UAS procurement tops Air Force’s spending list

Posted May 16, 2012 by

The unmanned aerial systems market accounted for $5.25 billion of the U.S. Department of Defense’s budget in 2010, with the Air Force emerging as the highest spender among all U.S. military services. Most of the $2.42 billion the Air Force has earmarked for UAS spending in 2012 is for the procurement of the MQ-9 Predator….

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Northrop Grumman awards $50,000 in school grants to promote science, technology, engineering, math education

Posted May 31, 2012 by

Northrop Grumman awarded a total of $50,000 in grants to 165 K-12 schools to promote education in the science, technology, engineering and mathematics disciplines. The Engineers Week STEM Grants seek to provide teachers with funding for projects that increase student awareness of the excitement and opportunity to be found in the fields of STEM. Each…

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General Dynamics team awarded $385 million contract for U.S. Army range radar replacement program

Posted June 11, 2012 by

A General Dynamics C4 Systems-led team has been awarded a contract to develop and deploy modernized range instrumentation radars, replacing an aging and outdated fleet of radar systems currently operating at U.S. Army test ranges. The Range Radar Replacement Program has a total potential value of $385 million over 10 years if all options are…

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Lockheed Martin completes environmental testing on second Navy satellite

Posted June 18, 2012 by

Lockheed Martin has successfully completed thermal vacuum testing of the U.S. Navy’s second Mobile User Objective System satellite, designated MUOS-2. Completion of this major program milestone validates performance in a simulated space environment and clears the satellite for final integrated system test. “With the completion of environmental testing, the MUOS team has illustrated its continued…

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Lockheed Martin commercial GEO satellites surpass 1,000 years in orbit

Posted June 26, 2012 by

The Lockheed Martin commercial geostationary communications satellite fleet has achieved a significant milestone by accumulating 1,000 years of in-orbit operations. JCSAT-13, built for SKY Perfect JSAT, and VINASAT-2, manufactured for Vietnam Posts and Telecommunications Group, were successfully launched May 15 and are the 100th and 101st satellites in the Lockheed Martin fleet. “Our focus on…

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Parker completes acquisition of Olaer Group in United Kingdom

Posted July 5, 2012 by

Parker Hannifin Corporation, the global leader in motion and control technologies, announced July 2 that it has successfully completed its previously announced agreement to acquire the Olaer Group headquartered in Deeside, United Kingdom. Terms of the transaction were not disclosed. The Olaer Group has annual sales of approximately $200 million and 550 employees. Approximately 88…

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