LM-C130
0
comments
Business

Another C-130J Super Hercules heads to Little Rock AFB

Posted June 6, 2014 by Andrew McMurtrie

The 61st Airlift Squadron at Little Rock Air Force Base, Arkansas, received another Lockheed Martin C-130J Super Hercules airlifter June 5. A Little Rock AFB crew ferried the aircraft from the Lockheed Martin Aeronautics Co., facility in Marietta, Ga. The 61st, which has operated C-130s since 1956, is part of Air Mobility Command’s 19th Airlift…

Full Story »

Navy photograph
0
comments
Business

Trident II D5 missile reaches 150 successful test flights

Posted June 4, 2014 by

Navy photograph One of two Trident II D5 missiles tested June 2 by the U.S. Navy. The U.S. Navy’s Trident II D5 Fleet Ballistic Missile, built by Lockheed Martin, has achieved 150 successful test flights, setting a new reliability record for large ballistic missiles. The Navy launched two unarmed missiles June 2 in the Atlantic…

Full Story »

0
comments
Business

Lockheed Martin to provide U.S. Air Force with Space Fence radar to safeguard space resources

Posted June 4, 2014 by

The U.S. Air Force has awarded Lockheed Martin a $914 million contract to improve the way objects are tracked in space and increase our ability to prevent space-based collisions. Lockheed Martin’s Space Fence solution, an advanced ground-based radar system, will enhance the way the U.S. detects, catalogs and measures more than 200,000 orbiting objects. With…

Full Story »

0
comments
Business

Raytheon selected to demonstrate next generation, modular radar system

Posted June 4, 2014 by

Raytheon has been awarded a $6 million study and demonstration contract by the Office of Naval Research to further develop an Enterprise Air Surveillance Radar. Raytheon’s EASR concept leverages proven Radar Modular Assembly architecture matured on Air and Missile Defense Radar. EASR’s flexible approach meets the performance needs of different candidate ship classes for ship…

Full Story »

0
comments
Business

Lockheed Martin receives contract award for vertical launching system

Posted June 4, 2014 by

The U.S. Navy recently awarded Lockheed Martin a contract to provide engineering design services for the MK 41 Vertical Launching System that helps protect the fleet from numerous naval warfare threats. This $10 million cost-plus-fixed-fee contract includes options, which if exercised would bring the total contract value to $182 million. As the only system capable…

Full Story »

0
comments
Business

ATK awarded ammunition contracts for medium, large caliber ammunition production, development

Posted June 4, 2014 by

ATK, a world-leading producer of ammunition, precision weapons and rocket motors, announced June 4 that it has received several domestic contracts totaling more than $112 million for medium- and large-caliber ammunition production and development. These awards will provide ammunition to arm air platforms such as the A-10, Apache attack helicopter and the AC-130 gunship, as…

Full Story »

boeing-japan
0
comments
Business

Boeing, Japan Transocean Air finalize order for Next Generation 737s

Posted June 2, 2014 by

  Boeing and Japan Transocean Air finalized an order May 30 for 12 Next-Generation 737-800 airplanes. The arrival of the new 737-800s in 2016 will mark the start of the airline’s fleet renewal program. “This order is a key part of our strategy to bring the highest levels of comfort, amenity and convenience to the…

Full Story »

0
comments
Business

UTC Aerospace Systems contributes to Collier Award Winner X-47B Unmanned Combat Air System

Posted May 30, 2014 by

The U.S. Navy, Northrop Grumman and its supplier team – including UTC Aerospace Systems – have been honored with the 2013 Robert J. Collier Trophy for the development of the X-47B, the first unmanned, autonomous air system operating from an aircraft carrier. The National Aeronautic Association presented the award May 29 in Washington, D.C. UTC…

Full Story »

0
comments
Business

Three new vice presidents take the reins at Lockheed Martin Missiles and Fire Control

Posted May 30, 2014 by

Lockheed Martin’s Missiles and Fire Control business has created two new vice president positions at its Orlando, Fla., facility, and filled a third vice president post at the company’s Grand Prairie, Texas, headquarters. Rita C. Flaherty, a resident of Winter Garden, Fla., has been named vice president – Strategy and Business Development for the Fire…

Full Story »

xcor-financing
0
comments
Business

CFIUS approval clears XCOR Aerospace’s first close of series B financing

Posted May 28, 2014 by

MOJAVE, Calif. -XCOR Aerospace announced May 27 that the U.S. Treasury Department’s Committee on Foreign Investment in the United States has approved the Series B lead investment by Dutch investors. The first closing of XCOR’s new round of finance issued $14.2 million of Series B preferred shares. XCOR will use the funds to bring the…

Full Story »


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