0
comments
Business

Boeing-built legacy UHF payload successfully operating on MUOS-1 satellite

Posted July 24, 2012 by

EL SEGUNDO, Calif. – Boeing July 24 said that its legacy communications payload onboard the Lockheed Martin-built Mobile User Objective System (MUOS-1) satellite has passed all on-orbit tests. MUOS-1 was launched Feb. 24 from Cape Canaveral Air Force Station, Fla., on an Atlas V launch vehicle. It is the first of five satellites being built…

Full Story »

0
comments
Business

Raytheon completes GPS OCX iteration 1.4 Critical Design Review

Posted August 2, 2012 by

Raytheon has successfully completed software iteration 1.4 Critical Design Review for the Global Positioning System Next Generation Operational Control System. Successful completion of the iCDR demonstrates that the OCX design is at a high level of maturity and is ready to support GPS III launch readiness. Software iteration 1.4 provides the initial GPS III command…

Full Story »

0
comments
Business

Navy awards General Dynamics $16 million for nuclear sub services

Posted August 9, 2012 by

The U.S. Navy has awarded General Dynamics Electric Boat a $16.3 million contract to perform nuclear-maintenance work for submarines homeported at the Naval Submarine Base in Groton. Electric Boat is a wholly owned subsidiary of General Dynamics. Under the contract, Electric Boat will continue to operate the Nuclear Regional Maintenance Department at the submarine base….

Full Story »

0
comments
Business

AM General’s BRV-O selected for next phase of JLTV development

Posted August 24, 2012 by

AM General’s independent proposal for the U.S. military’s new Joint Light Tactical Vehicle, was selected Aug. 22 for a $64.5 million Engineering, Manufacturing and Development phase contract. AM General will produce and deliver 22 prototypes of its Blast Resistant Vehicle – Off road (BRV-O) for government testing under the EMD phase. “We are pleased to…

Full Story »

0
comments
Business

Air Force awards Lockheed Martin $152 million Sniper ATP sustainment contract

Posted September 6, 2012 by

Lockheed Martin has received a $152 million contract from the U.S. Air Force for Sniper(r) Advanced Targeting Pod sustainment support over a five-year period, beginning in September 2012. The contract transitions legacy Sniper pod sustainment support from Wright Patterson Air Force Base, Ohio, to Warner Robins Air Force Base, Ga. Additional scope includes engineering support,…

Full Story »

0
comments
Business

Northrop Grumman to Provide Shipboard Interrogator Sets for U.S. Navy

Posted September 17, 2012 by

WOODLAND HILLS, Calif., Sept. 17, 2012 (GLOBE NEWSWIRE) — The U.S. Naval Air Systems Command (NAVAIR) has awarded a firm-fixed-price contract to Northrop Grumman Corporation (NYSE:NOC) for the fabrication, testing and delivery of AN/UPX-24(V) interrogator sets. Under the nearly $11.5 million follow-on production contract, Northrop Grumman will provide five AN/UPX-24(V) identification friend or foe (IFF)…

Full Story »

0
comments
Business

Boeing celebrates first anniversary of first 787 delivery

Posted September 25, 2012 by

Sept. 25 marks the one year anniversary of the first delivery of the first Boeing 787 Dreamliner to Japan’s ANA (All Nippon Airways). Since then, Boeing has delivered 25 Dreamliners to six different customers. “One year ago today we reached a significant milestone in Boeing and ANA’s partnership,” said Ray Conner, president and CEO of…

Full Story »

0
comments
Business

United Kingdom threatens to veto BAE-EADS merger

Posted October 9, 2012 by

The French and German governments must reduce their stakes in defense company EADS NV for the United Kingdom to allow a proposed merger with BAE Systems PLC to go ahead, Britain’s defense secretary warned Oct. 7. Philip Hammond said Britain would veto the mega-merger of the aeronautics and defense companies if this requirement wasn’t satisfied….

Full Story »

0
comments
Business

Raytheon awarded $45 million MK 54 torpedo contract

Posted October 18, 2012 by

Raytheon has been awarded a $45.3 million U.S. Navy contract to provide MK 54 lightweight torpedo hardware, test equipment, spares and related engineering and repair services for U.S. fleet inventory and in support of foreign military sales to the Royal Australian Navy and the Indian Navy. The award represents an exercised option of a current…

Full Story »

0
comments
Business

Pension expense hurts Boeing third quarter net

Posted October 24, 2012 by Joshua Freed

Boeing said its net income this year will be bigger than it had expected as deliveries of commercial airplanes picks up. Higher pension expenses hurt Boeing’s third-quarter profit, but other measures for the big airplane maker and defense contractor were strong. Profits rose in both its commercial and defense units. And it reaffirmed plans to…

Full Story »


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