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Spirit AeroSystems posts loss on productivity woes

Posted November 2, 2012 by

Aerospace supplier Spirit AeroSystems Holdings Inc. Nov. 1 posted a third-quarter loss on charges due to production setbacks for several aircraft. The Wichita, Kansas, company booked $590 million in charges during the third quarter, which it announced last month. The complexity in developing some products drove up supplier, factory and labor costs, it said. The…

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XCOR announces ATK as Lynx Mark I wing detailed design, build contractor

Posted November 14, 2012 by

MOJAVE, Calif. – XCOR Aerospace announced Nov. 14 that it has issued the initial phase of a two-phase contract to ATK’s Aerospace Structures Division for the detailed design and manufacture of the Lynx Mark I suborbital reusable launch vehicle wings and control surfaces. This announcement represents a critical milestone in the march toward assembly, test…

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General Dynamics receives $62 million Navy award for Common Missile Compartment development

Posted November 21, 2012 by

The U.S Navy has awarded General Dynamics Electric Boat a $61.7 million contract modification for the continued development of the Common Missile Compartment for the United Kingdom’s Successor ballistic-missile submarine and the U.S. Ohio replacement submarine. Electric Boat is a wholly owned subsidiary of General Dynamics. Under the modification, Electric Boat will procure, manufacture and…

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Boeing, JVC add more realism to military training simulation

Posted December 3, 2012 by

This week at the 2012 Interservice/Industry Training, Simulation and Education Conference in Orlando, Fla., Boeing is demonstrating new technology with its Constant Resolution Visual System that allows the system to deliver almost four times the resolution of high definition for more realistic and effective military training. JVC’s new e-Shift 8K projection technology brings CRVS’ visual…

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United Technologies to sell Pratt & Whitney Power Systems unit to Mitsubishi Heavy Industries

Posted December 12, 2012 by

United Technologies Corp. announced Dec. 12 it has reached agreement to sell its Pratt & Whitney Power Systems unit, currently part of Pratt & Whitney, to Mitsubishi Heavy Industries. Terms of the agreement were not disclosed and the transaction is expected to close in the second quarter of 2013. Divesting Power Systems allows UTC to…

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Northrop Grumman supports U.S. Air Force Minuteman missile test Launch

Posted December 28, 2012 by

Northrop Grumman recently supported the successful flight testing of the U.S. Air Force's Minuteman III intercontinental ballistic missile weapon system last month. The tests demonstrate and support assessment of the accuracy, availability and reliability of the weapon system.

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More Advanced Precision Kill Weapon System rockets headed to U.S. Marines in theater

Posted January 16, 2013 by

As a result of its continued success in theater, the U.S. Navy is buying more BAE Systems Advanced Precision Kill Weapon SystemÆ rockets. The company recently signed a $28 million full-rate production contract with options to produce more APKWS rockets for the Navy. The latest award increases the total full-rate production contract value to $69…

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Sikorsky, Boeing partner for Joint Multi-Role future vertical lift requirements

Posted January 18, 2013 by

Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp., and Boeing signed a teaming agreement Jan. 13 to submit a joint proposal in response to the U.S. Army Aviation Applied Technology Directorate solicitation for the Army’s Joint Multi-Role Technology Demonstrator Phase 1 program. The JMR TD supports the Department of Defense’s Future Vertical Lift program…

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Boeing focuses on 787 fix; fourth quarter profit tops estimate

Posted January 30, 2013 by Joshua Freed

Boeing said Jan. 30 that its top priority this year is fixing the battery problems that grounded its 787. The company made the pledge while reporting a fourth-quarter profit that topped Wall Street estimates, as rising profits from commercial jets offset a smaller profit from defense work. The 50 787s in service were grounded two…

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Northrop Grumman’s E-2D Advanced Hawkeye approved for full-rate production

Posted February 13, 2013 by

Northrop Grumman photograph Following successful test and evaluation where the program was rated operationally suitable and effective, Northrop Grumman’s E-2D Advanced Hawkeye has been approved for full-rate production by the Office of the Secretary of Defense. The E-2D Advanced Hawkeye, designed and manufactured by Northrop Grumman, has been approved to enter full-rate production by the…

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