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Business Briefs – January 7, 2013

Posted January 7, 2013 by

Heilind acquires Interstate Connecting Components Heilind Electronics, Inc., North America’s largest distributor of electronic interconnect products, announced Jan. 2 the acquisition of Interstate Connecting Components, a New Jersey-based distributor of electronic components for the military and aerospace industries. “We are very pleased to be welcoming ICC into the Heilind family,” said Robert W. Clapp, president…

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General Dynamics awarded $4.6 billion for submarine programs

Posted January 7, 2013 by

General Dynamics Electric Boat was recently awarded three U.S. Navy contracts totaling $4.6 billion to design and develop the next-generation strategic deterrent submarine, and to continue construction and purchasing of materials for Virginia-class attack submarines. Electric Boat is a wholly owned subsidiary of General Dynamics. Under a five-year, $1.85 billion Ohio Replacement Program contract, Electric…

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Northrop Grumman names VP Cybersecurity/C4

Posted January 7, 2013 by

Northrop Grumman announced Jan. 7 that it has appointed retired U.S. Navy Vice Adm. P. Stephen Stanley as vice president of Cybersecurity/C4, effective immediately. Stanley will report to Sid Ashworth, corporate vice president, Government Relations. In this role, Stanley leads the Cybersecurity/C4 portfolio in the company’s Government Relations organization. He and his team contribute to…

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Northrop Grumman delivers Global Hawks to U.S. Air Force

Posted January 7, 2013 by

Northrop Grumman photograph by Alan Radecki Northrop Grumman recently delivered two new Global Hawk unmanned aircraft systems to the U.S. Air Force ahead of schedule. Global Hawk allows military commanders to receive high-resolution imagery, survey vast geographic regions and pinpoint targets on the ground. Northrop Grumman has completed early delivery of two Global Hawk unmanned…

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Boeing delivered 601 planes last year

Posted January 7, 2013 by Joshua Freed

Boeing said Jan. 3 that it delivered 601 planes last year, putting it on track to beat European rival Airbus as the top plane maker for the year. Airbus has beaten Boeing in deliveries in recent years, but Boeing is now cranking out its new 787 and a revamped 747 after delays for both aircraft….

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Boeing receives additional US Navy order for torpedo defense systems

Posted January 4, 2013 by

Under a newly exercised option for the AN/SLQ-25C system contract, Boeing subsidiary Argon ST will continue to supply U.S. Navy surface ships with countermeasures that lure torpedoes away by mimicking a vessel’s propulsion system. The $8 million option covers production and delivery of eight new AN/SLQ-25C systems – commonly called “Nixie” – under the Navy’s…

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Contract briefs – January 4, 2013

Posted January 4, 2013 by

U.S. Navy awards Raytheon $169 million for DDG 1000 program   Raytheon is being awarded a not-to-exceed $169 million modification to previously awarded fixed-price incentive, cost-plus-fixed-fee contract for deferred mission systems equipment for DDG 1000 and DDG 1001, scheduled critical DDG 1002 non-hatchable mission systems equipment, and non-recurring engineering applicable to mission system equipment design…

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Boeing 737 MAX gets milestone order from Aviation Capital Group

Posted January 4, 2013 by

Boeing announced Jan. 2 an order by Aviation Capital Group (ACG) for 60 737 MAX airplanes. ACG's order, consisting of 50 737 MAX 8s and 10 737 MAX 9s, was finalized in December 2012.

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Boeing, China Airlines announce order for six 777s

Posted December 28, 2012 by

Boeing and China Airlines Dec. 21 announced an order for six 777-300ERs (Extended Range) airplanes. The new airplanes will become the first 777s to join China Airlines' fleet.

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GenCorp Foundation annual donations used to inspire a new generation of scientists

Posted December 28, 2012 by

The GenCorp Foundation, serving as the philanthropic arm of Aerojet, announced Dec. 20 that it distributed $604,345 in grants, scholarships and matching gifts in 12 communities across the United States this year. “We focus on STEM education with the goal of encouraging young people to look at future careers in engineering and technology,” said Chris…

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