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Draken International buys eight McDonnell Douglas A-4K Skyhawks

Posted August 8, 2012 by

Draken International has signed an agreement with the New Zealand government to purchase eight McDonnell Douglas A-4K Skyhawks as well as various other equipment and accessories. This successful transaction marks the end of a great chapter in New Zealand aviation history and the beginning of a great foundation for Draken International. Draken, recognizing the increasing…

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Congressional Medal of Honor Foundation receives largest ever donation from Lockheed Martin

Posted August 20, 2012 by staff

Lockheed martin has committed $2.5 million over 10 years to the Congressional Medal of Honor Foundation. The money will support the foundation’s education outreach, including expanding the reach of the Medal of Honor Character Development Program. “This marvelous grant from Lockheed Martin is an investment in the education and character development of America’s future leaders,”…

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Aerojet initiates research program at Massachusetts Institute of Technology

Posted September 5, 2012 by

Aerojet, a GenCorp company, and the Aeronautics and Astronautics Department of the Massachusetts Institute of Technology have created a new fellowship for basic research in the aeronautical and aerospace sciences. The fellowship initial research will focus on the development of autonomous systems, which entails the theory and development of logic structures and control processes that…

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ATK awarded manufacturing development contract for XM25, individual semi-automatic airburst system

Posted September 12, 2012 by

ATK received a $16.8 million engineering and manufacturing development contract modification from the U.S. Army’s Program Executive Office Soldier for its XM25, Individual Semi-Automatic Airburst System. The contract funds the continuing design, integration, production and testing of fully functional systems to ensure the weapon’s final design meets performance requirements and is production-ready prior to fielding….

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Raytheon to provide Joint Tactical Terminal radios with latest security features to U.S. Navy

Posted September 19, 2012 by

Raytheon has received an $8.7 million modification to a previously awarded production contract to provide the U.S. Navy with Joint Tactical Terminal Senior radios that are compatible with the new Common Interactive Broadcast waveform and contain the latest security, hardware and software enhancements. The radios receive and broadcast near real-time threat data from a variety…

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Tactical Air Defense Services closes acquisition of Northrop TF5-1 Corp.

Posted October 3, 2012 by

Tactical AirDefense Services, Inc. , an aerospace/defense services contractor that offers tactical aviation services, aircraft maintenance, and other aerospace/defense services to the United States and foreign militaries, has closed the acquisition of Northrop TF5-1 Corp., a military aircraft holding company, as a wholly-owned subsidiary of TADF. Through the acquisition of Northrop, TADF has acquired ownership…

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Boeing releases updated geospatial data management tool

Posted October 16, 2012 by

Boeing has updated its DataMaster geospatial data management software with improved map, terrain and full-motion video management so that defense and Intelligence Community customers can better protect U.S. and allied citizens and assets around the world. DataMaster 5.2 supports emerging industry-standard image formats and faster video processing and analysis. “Our continued investment in DataMaster enables…

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New TOW missile achieves 100th direct hit in latest testing

Posted October 22, 2012 by

Raytheon and the U.S. Army achieved excellence in recent flight tests of the tube-launched, optically-tracked, wireless missile. In September, the team scored its 100th TOW hit, which marked the successful engagement of 100 out of 100 targets. During the testing program, which began in 2011, several missiles hit targets beyond 4,000 meters with zero inches…

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TransDigm to acquire Goodrich Pump & Engine Control Systems

Posted October 26, 2012 by

TransDigm Group Incorporated has entered into a definitive agreement with United Technologies Corporation to acquire the pump & engine control systems business of Goodrich (Goodrich Pump & Engine Control Systems, for approximately $236 million in cash. The acquisition, subject to regulatory approvals and other customary closing conditions, is expected to close late in the current…

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Boeing delivers the 7,370th 737

Posted November 5, 2012 by

Boeing photograph Boeing delivered the 7,370th 737 to come off the production line to Indonesia-based Lion Air Nov. 5. The airplane is Lion Air’s 75th Next-Generation 737. The Boeing 737 is the best-selling commercial jetliner of all time with total orders exceeding 10,100 airplanes, including orders for the new 737 MAX.

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