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Lockheed Martin says its local presence solid

Posted December 14, 2012 by Kristi E. Swartz and Daniel Malloy

Lockheed Martin’s decision to move hundreds of jobs out of Cobb County, Ga., came under pressure from a lackluster economy and U.S. military budget cuts. But company officials said the company’s seven-decade presence in Marietta is not under threat – at least not for several years. “It’s about being competitive, it’s about being affordable and…

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Aerojet announces MRO management agreement

Posted December 14, 2012 by

Aerojet, a GenCorp company, announced Dec. 13 the recent signing of a multi-year master agreement with Storeroom Solutions, Inc. to deploy a flexible, integrated supply chain service model for all maintenance, repair and operations material requirements across the enterprise. This alliance will unify all operating site locations and aggregate the total spend under a single…

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Boeing appoints Pratyush Kumar to lead Boeing business in India

Posted December 14, 2012 by

Boeing Dec. 13 named Pratyush “Prat” Kumar as president of Boeing India, effective Dec. 14. He joins Boeing with significant business leadership experience and insight into the Indian market, having served in senior executive positions at GE Transportation since 2003. Kumar succeeds Dinesh Keskar, who earlier this year returned to Boeing Commercial Airplanes in a…

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Boeing demonstrates unmanned Little Bird for Republic of Korea Army

Posted December 14, 2012 by

Boeing demonstrated affordable unmanned aircraft technology Dec. 13 that could be integrated onto Republic of Korea Army MD 500 helicopters to expand the fleet’s mission capabilities. A Boeing Unmanned Little Bird demonstrator aircraft, a variant of the highly successful MD 500 helicopter, autonomously flew for approximately 25 minutes at the ROKA Aviation School in Nonsan….

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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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Boeing, BMW Group to collaborate on carbon fiber recycling

Posted December 12, 2012 by

Boeing and the BMW Group have signed a collaboration agreement to participate in joint research on carbon fiber recycling and share knowledge about carbon fiber materials and manufacturing. Boeing and BMW are both pioneering the use of carbon fiber in their products. Boeing’s 787 Dreamliner is made up of 50 percent carbon fiber material and…

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ATK awarded production contract for AAR-47 Missile Warning Systems for U.S., allied military aircraft

Posted December 12, 2012 by

ATK has received a $48-million production contract from the U.S. Navy for the manufacturing of the AAR-47 Missile Warning System. The award encompasses production of new assemblies, including optical sensor converters and computer processors, as well as options for retrofitting weapon replaceable assembly upgrades and delivery of ATK’s Countermeasures Signal Simulator to test the systems…

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Commando II Takes to sky

Posted December 12, 2012 by

Lockheed Martin photograph by Todd McQueen Lockheed Martin an MC-130J Commando II to Cannon Air Force Base, N.M., Dec. 10. Aircraft 5710 is the 12th of 27 MC-130Js to be assigned to the Air Force Special Operations Command. The squadron uses the Commando II on missions such as in-flight refueling, infiltration/exfiltration, and aerial delivery and…

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Boeing delivers first 777-300ER in U.S. to American Airlines

Posted December 12, 2012 by

Boeing delivered to American Airlines Dec. 11 its first 777-300ER (extended range) jetliner as part of the airline’s fleet modernization effort and global network strategy. The delivery makes the Fort Worth, Texas-based carrier the first U.S. airline to add the 777-300ER to its fleet. American Airlines plans for the airplane to enter service in early…

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Thales USA president, CEO to retire, company elects successor

Posted December 12, 2012 by

Thales USA, Inc. has announced that President and CEO Allan Cameron will retire at year-end after eight years of service with the company. Vice President and General Manager of Thales Avionics, Alan Pellegrini, will succeed Cameron as president and CEO effective the beginning of 2013. Cameron joined Thales in 2004 leading the naval business in…

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