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Lockheed Martin commemorates centennial, addresses future, sequestration

Posted June 21, 2012 by

Lockheed Martin’s Chairman and Chief Executive Officer Bob Stevens, President and Chief Operating Officer Chris Kubasik and other senior leaders commemorated the corporation’s…

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Northrop Grumman’s Modular Space Vehicle completes CDR process, moves program to manufacturing phase

Posted June 28, 2012 by

REDONDO BEACH, Calif. – Northrop Grumman has just finished conducting a two-day Spacecraft Baseline Interim Design Review, successfully completing the Spacecraft Bus Critical Design Review process for the Modular Space Vehicle program. This review moves work on this next-generation spacecraft design to the fabrication stage. The company’s spacecraft design for the MSV program is the…

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Airbus, Boeing airplane production rates straining supply chain

Posted July 9, 2012 by

Airbus and Boeing are gearing up to roll out large commercial jetliners in ever-increasing quantities over the next 10 years, according to a new report from Forecast International, but will component suppliers be able to keep up with demand? Forecast International’s newly released “The Market for Large Commercial Jet Transports” projects that 14,655 large commercial…

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Northrop Grumman photograph by Stephen Potter
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Northrop Grumman, U.S. Navy establish Fire Scout training center in Florida

Posted July 10, 2012 by

Northrop Grumman has established a new training facility for Fire Scout unmanned helicopter operators that offers improved flight simulators...

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Tactical Air Defense Services receives first revenue from Super Tucano aircraft

Posted July 11, 2012 by

Tactical Air Defense Services, Inc. has received its first revenue from the Embraer 314 Super Tucano aircraft in which it has an interest through a Services Agreement with Tactical Air Support, Inc. Tactical Air Defense Services is an Aerospace/Defense Services contractor that offers tactical aviation services, aircraft maintenance, and other Aerospace/Defense services to the United…

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Lockheed Martin receives $68.9 million contract for PAC-3 MSE production

Posted July 19, 2012 by

Lockheed Martin has received a $68.9 million contract to prepare the Patriot Advanced Capability-3 Missile production line for the introduction of the Missile Segment Enhancement version of the combat-proven PAC-3 Missile. The facilitization contract provides funding for PAC-3 MSE-specific tooling and test equipment at the company’s Camden, Ark., facility, as well as other sites and…

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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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