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Finmeccanica third quarter earns triple on cost cuts

Posted November 9, 2012 by

Finmeccanica, the Italian aerospace and defense giant, tripled earnings in the third quarter due to cost-cutting, improved margins and better sales of products like helicopters. The company, which is 30-percent owned by the government, Nov. 8 reported net profit of $95 million in the quarter ended Sept. 30. It made €25 billion last year, excluding…

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U.S. Navy, Northrop Grumman conducting Triton ground testing

Posted November 19, 2012 by

Northrop Grumman and the U.S. Navy have added a second Triton unmanned aircraft to ground testing efforts in late September – part of an initial step in preparation for flight operations. Two Triton unmanned aircraft systems are being used to flight test and mature the system for operational use. Ground testing allows the team to…

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Raytheon wins first contract for new lightweight GPS anti-jam capability for land systems

Posted December 3, 2012 by

Raytheon UK has been awarded a significant contract by the United Kingdom’s Ministry of Defence for delivery of a new GPS Anti-Jam Antenna System. The contract is for an undisclosed number of advanced systems for deployment in operational theaters spanning multiple vehicle platforms. This UOR (Urgent Operational Requirement) contract is the first award for Raytheon’s…

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Boeing delivers first 777-300ER in U.S. to American Airlines

Posted December 12, 2012 by

Boeing delivered to American Airlines Dec. 11 its first 777-300ER (extended range) jetliner as part of the airline’s fleet modernization effort and global network strategy. The delivery makes the Fort Worth, Texas-based carrier the first U.S. airline to add the 777-300ER to its fleet. American Airlines plans for the airplane to enter service in early…

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Boeing, Aeromexico finalize 787 Dreamliner order

Posted December 28, 2012 by

Boeing and Aeromexico have finalized an order for six 787-9 Dreamliners, with reconfirmation rights for four additional Dreamliners. The order by Mexico’s largest airline, which was first announced as a commitment in July, is valued at more than $1.46 billion at published list prices. “The acquisition of these Boeing 787-9 Dreamliners, part of the 100…

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Raytheon supports 40 years of fleet defense through AEGIS system development

Posted January 16, 2013 by

Raytheon is observing a significant program milestone, its 40th year as the U.S. Navy’s provider of AN/SPY-1 radar transmitters and MK99 Fire Control Systems for the Navy’s AEGIS weapon system. Both critical components of the weapon system, the AN/SPY-1 radar and MK99 perform the search, track and missile guidance functions for AEGIS, the shield of…

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Army orders MUOS upgrade for AN/PRC-155 Manpack radios from General Dynamics

Posted January 25, 2013 by

The U.S. Army ordered kits in December to upgrade 100 Handheld, Manpack, Small Form Fit (HMS) AN/PRC-155 two-channel Manpack radios to enable them to communicate with the military’s Mobile User Objective System satellite communications system. This MUOS channel upgrade, comprising a field-replaceable power amplifier and supporting software, will allow secure voice and data communication with…

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Former program manager returns to DARPA to lead Tactical Technology Office

Posted February 6, 2013 by

Many things drive scientists and technologists from across multiple disciplines to join DARPA as program managers and technical office directors. The most common theme, however, is service to country. At DARPA, these visionaries are charged with creating and preventing technological surprise in support of U.S. national security. For Bradford Tousley, a former DARPA program manager…

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Lockheed Martin demonstrates DAGRÆ missile ground vehicle launch capability rrom JLTV

Posted February 22, 2013 by

Lockheed Martin recently demonstrated the ability of its DAGR missile to launch from a ground vehicle during a series of flight tests at Eglin Air Force Base, Fla. DAGR and two Hydra 70 rockets were launched from a pedestal launcher mounted in the bed of a Lockheed Martin prototype Joint Light Tactical Vehicle. DAGR locked…

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Boeing ready to move on 787 fix, if U.S. approves

Posted March 6, 2013 by by Joshua Freed

Boeing said March 4 that it is set to move quickly to get its 787s back in the air if it gets U.S. federal approval for a fix for the batteries that have grounded the planes. The Federal Aviation Administration is considering a plan that Boeing submitted on Feb. 22 for fixing the batteries. The…

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