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Boeing, Air lease Corporation announce order for 10 777-300ERs

Posted March 1, 2013 by

Boeing and Air Lease Corporation announced an order Feb. 28 for 10 777-300ERs (extended range) airplanes. The order, valued at $3.2 billion at current list prices, adds to the growing portfolio of long-haul airplanes for the Los Angeles-based leasing company. “This order for 777-300ERs will help us meet the growing airline demand for long-haul passenger…

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Raytheon delivers first Standard Missile-6 from new Alabama missile integration facility

Posted March 1, 2013 by

Raytheon delivered the first Standard Missile-6 all-up-round to the U.S. Navy from its new integration and testing facility in Huntsville, Ala. SM-6 defends naval vessels against fixed- and rotary-wing aircraft, unmanned aerial vehicles and cruise missiles. “SM-6 is a game-changing, transformational fleet defense missile, and we’re on track to reach initial operating capability this year,”…

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Walker receives prestigious Skunk Works award

Posted March 1, 2013 by

Dr. Steven H. Walker, Deputy Director for DARPA, has received the 2013 Clarence L. “Kelly” Johnson Skunk Works Award from the Engineersí Council. Established in 1992, the annual award honors an individual with outstanding professional qualities and a top reputation for engineering accomplishments and leadership. Recipients embody the model of excellence Johnson established for future…

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Lockheed Martin strengthens ties with small, diverse suppliers through new channel

Posted March 1, 2013 by

Suppliers are critical to success at Lockheed Martin, yet they are often the first impacted in a challenging economy. In order to strengthen the company’s interaction with these small businesses and provide them additional opportunities, Lockheed Martin has introduced a supplier-focused website called Supplier Wire (http://www.lockheedmartin.com/supplierwire). Supplier Wire offers a wide range of educational resources,…

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Airbus parent EADS sees fourth quarter earnings halve

Posted March 1, 2013 by Frank Jordans

Airbus parent company EADS NV posted a 47 percent drop in fourth-quarter net profit Feb. 27 after taking costly charges at its helicopter and defense electronics divisions. The aerospace giant recorded a (euro) 325 million ($425 million) net profit in the October-December period, down from the previous year’s (euro) 612 million. But for the full…

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General Dynamics awarded $224 million by U.S. Army for Hydra-70 rocket program

Posted February 27, 2013 by

General Dynamics Armament and Technical Products recently was awarded two contracts by the U.S. Army including $210.4 million for the production of Hydra-70 air-to-ground rockets and $13.5 million for engineering services in support of the Hydra-70 rocket program. General Dynamics Armament and Technical Products is a business unit of General Dynamics. The Army Contracting Command…

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The O’Gara Group acquires BAE Systems Commercial Armored Vehicle Division, Transparent Armor Business

Posted February 27, 2013 by timchisham

The O’Gara Group, Inc., a global provider of security and defense products and services, announced Feb. 25 that it has completed the purchase of BAE Systems Commercial Armored Vehicles LLC and has renamed the business O’Gara-Hess & Eisenhardt Armoring Company LLC. This acquisition greatly expands the capacity of O’Gara’s Mobile Systems division, which currently designs,…

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Lockheed Martin completes 400th MH-60 digital cockpit for installation on first Australian Romeo helicopter

Posted February 27, 2013 by

Lockheed Martin has completed the 400th Common Cockpit™ avionics suite for the U.S. Navy’s MH-60 Seahawk helicopter program. The digital cockpit will be installed aboard the first of 24 MH-60R (Romeo) anti-submarine and anti-surface warfare helicopters to be acquired by the Royal Australian Navy via the U.S. government’s Foreign Military Sales program. “The Common Cockpit…

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Northrop Grumman names VP finance, controller for Electronic Systems Sector

Posted February 27, 2013 by

Northrop Grumman has appointed Timothy Harrington as vice president of finance and controller for the company’s Linthicum-based Electronic Systems sector, effective immediately. In his new position, Harrington will be responsible for all sector financial functions, including financial planning, reporting and analysis, rates and budgets, government liaison, accounting, Sarbanes-Oxley compliance, tax, international finance, program planning and…

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Northrop Grumman’s Global Hawk program selected for U.S. Air Force sustainment excellence award

Posted February 27, 2013 by

The U.S. Air Force RQ-4 Global Hawk unmanned aircraft program was recently awarded the 2012 Dr. James G. Roche Sustainment Excellence Award for demonstrating the most improved performance in aircraft maintenance and logistics readiness. Northrop Grumman is the prime contractor for the high-flying fleet of Global Hawks. “Even with a year marked with fiscal challenges…

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