0
comments
Business

Lockheed Martin to acquire Deposition Sciences

Posted June 20, 2014 by

Lockheed Martin has entered into a definitive agreement to acquire Deposition Sciences, Inc., a provider of thin film coatings. Subject to the satisfaction of customary closing conditions, the acquisition is expected to close within 30 days. The terms of the agreement were not disclosed and are not material to Lockheed Martin operations. DSI will be…

Full Story »

0
comments
Business

Northrop Grumman to break ground on new M-SAT facility

Posted July 9, 2014 by

Northrop Grumman is investing $20 million to construct a new 25,000 square foot facility to handle space payload integration programs. Construction begins this month and will be completed by a Maryland-based construction company during the summer of 2015. The building will house up to 80 engineers and technicians working on space systems assembly, integration and…

Full Story »

0
comments
Business

Raytheon demonstrates enhanced capability for Mobile Range™ system

Posted July 18, 2014 by

Raytheon showcased a new tri-band telemetry antenna on the company’s Mobile Range system during a Joint Advanced Missile Implementation demonstration at Naval Base Ventura County, Point Mugu, Calif. The event highlighted new technologies that will soon become the backbone of test ranges worldwide. Raytheon’s Mobile Range is an integrated suite of communications, optics, and telemetry…

Full Story »

boeing-japan
0
comments
Business

Boeing, All Nippon Airways finalize order for 40 wide-body airplanes

Posted August 1, 2014 by

  Boeing and All Nippon Airways July 31 finalized an order for 40 widebody airplanes – 20 777-9Xs, 14 787-9 Dreamliners and six 777-300ERs (Extended Range) – as part of the airline’s strategic long-haul fleet renewal plan. The order, valued at approximately $13 billion at list prices, was originally announced as a commitment in March….

Full Story »

0
comments
Business

GA-ASI radar shines during U.S. Navy Spearhead IIA exercise

Posted August 28, 2014 by

General Atomics Aeronautical Systems, Inc. announced Aug. 28 that its LynxÆ Multi-mode Radar success fully demonstrated the ability to support maritime operations in a littoral environment during the recent U.S. Navy Exercise Spearhead IIA held off the coast of Key West, Fla., in June. GAASI is a leading manufacturer of remotely piloted aircraft systems, radars,…

Full Story »

0
comments
Business

Raytheon begins full rate production on TALON Laser Guided Rockets

Posted September 15, 2014 by

Under a $117 million contract awarded to Raytheon, Raytheon Missile Systems has begun production of the TALON Laser Guided Rocket. In 2013, the Armed Forces General Headquarters of the United Arab Emirates awarded Tawazun a contract to procure the TALON Laser Guided Rocket. “Full rate production of the TALON LGR is a significant milestone for…

Full Story »

0
comments
Business

Raytheon awarded $251 million Tomahawk missile contract

Posted September 29, 2014 by

The U.S. Navy has awarded Raytheon a $251 million contract to procure Tomahawk Block IV tactical cruise missiles for fiscal year 2014 with an option for 2015. The contract calls for Raytheon to build and deliver Tomahawk Block IV cruise missiles to the U.S. Navy and U.K. Royal Navy. Raytheon will also conduct flight tests…

Full Story »

0
comments
Business

Raytheon to resume work on new electronic warfare planning management software program

Posted October 17, 2014 by

The U.S. Army has directed Raytheon to resume work on an Electronic Warfare planning management software program that for the first time will give it automated tools to help plan and execute complex electronic warfare missions. The program restart follows a ruling by the U.S. Court of Federal Claims, which denied the protest filed by…

Full Story »

0
comments
Business

Boeing completes testing on new anti-jamming technology

Posted November 7, 2014 by

EL SEGUNDO, Calif. – Boeing has proven its new anti-jamming communications technology is capable of operating as either a ground-based user terminal or satellite-based networking hub, enabling the military to send and receive secure communications at a significantly lower cost by using existing terminals and satellites. The anti-jam technology uses a protected tactical waveform, which…

Full Story »

0
comments
Business

UTC names president, CEO

Posted November 24, 2014 by

United Technologies Corporation announced Nov. 24 that Louis R. Chenevert has informed the Board of Directors of his retirement as chairman and chief executive officer, effective immediately. Gregory J. Hayes, UTC senior vice president and chief financial officer, has been elected President, Chief Executive Officer and a director. Edward A. Kangas, lead independent director, has…

Full Story »


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