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General Dynamics second quarter profit falls, cuts guidance

Posted July 25, 2012 by

General Dynamics said July 24 its second-quarter net income fell 3 percent, and the defense contractor cut its 2012 profit prediction due to contract delays in its IT business. The entire defense industry is under a cloud because of the potential for big military spending cuts in January. The cuts, which will be automatic unless…

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Boeing establishes simulator-based training for Kiowa flight instructors

Posted August 6, 2012 by

Boeing subsidiary Boeing Defence Australia has installed a Helicrew simulator at the Oakey Army Aviation Training Centre, Queensland, Australia, in order to...

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Aerospace and defense deal activity remains sluggish

Posted August 14, 2012 by staff

Global aerospace and defense merger and acquisition activity remained down during the second quarter of 2012 compared to recent prior periods, according to Mission Control, a quarterly analysis of merger and acquisition activity in the global aerospace and defense sector by PwC US. Smaller deals drove the majority of deal activity in the second quarter…

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AFA announces executive vice president

Posted August 29, 2012 by

The Air Force Association announced Aug. 28 that Lt. Gen. Dick Newton, who retired from a 34-year career in the Air Force this past June, will be replacing David T. “Buck” Buckwalter as AFA’s Executive Vice-President as of Aug. 27, 2012. Newton retired as the assistant vice chief of staff and director, Air Staff, Headquarters…

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U.S. Army’s JLENS will protect sailors, critical waterways

Posted September 10, 2012 by

Soldiers will soon have a system that enables them to protect sailors and safeguard commercial and military navigation in strategic waterways. In June, a series of tests demonstrated that Raytheon’s JLENS is capable of detecting and tracking swarming boats from hundreds of miles away. During the tests, JLENS simultaneously detected and tracked multiple speedboats on…

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Northrop Grumman, U.S. Air Force achieve key milestones for command, control modernization program

Posted September 17, 2012 by

The U.S. Air Force and Northrop Grumman have successfully completed an integrated baseline review and an interim design review for the Air Operations Center Weapon System modernization program. The successful events mean the AOC Weapon System program is ready to enter the design phase. The baseline review, concluded on July 12, established a mutual understanding…

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AFMC to declare 5-Center IOC Oct. 1, track results of reorg

Posted September 28, 2012 by

After some 18 months of planning and careful transition, Air Force Materiel Command officials are ready to declare initial operational capability of AFMC’s 5-Center reorganization Oct. 1 and continue the process of improving its support to the warfighter. In early July, the command began activating its new centers and consolidating others as it transitioned from…

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Northrop Grumman begins production of EHF SatCom system for B-2 bomber

Posted October 12, 2012 by

PALMDALE, Calif. – The U.S. Air Force’s fleet of B-2 stealth bombers will begin receiving new high-speed processing subsystems under a $108 million low rate initial production contract awarded Sept. 28 to Northrop Grumman. The new hardware and software – which include an integrated processing unit, a high-capacity disk drive, and a network of fiber…

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Raytheon acquires technology development firm Teligy, Inc.

Posted October 22, 2012 by

Raytheon has acquired Teligy, Inc., a technology development company, further extending Raytheon’s cybersecurity offerings in wireless communications, vulnerability analysis, reverse engineering and custom kernel software/device driver development. These critical focus areas represent top priorities of intelligence, defense and commercial organizations worldwide. Terms of the transaction were not disclosed. The transaction will not materially impact Raytheon’s…

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Raytheon awarded $51 million from U.S. Army to produce and upgrade airborne radios

Posted October 24, 2012 by

Raytheon photograph Raytheon has been awarded $51 million to build more airborne radios and continue to modernize future radios for the U.S. Army. The upgrade will significantly increase satellite capacity for soldiers. Raytheon has been awarded $51 million to build more airborne radios and continue to modernize future radios for the U.S. Army. The modernization…

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