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Finmeccanica third quarter earns triple on cost cuts

Posted November 9, 2012 by

Finmeccanica, the Italian aerospace and defense giant, tripled earnings in the third quarter due to cost-cutting, improved margins and better sales of products like helicopters. The company, which is 30-percent owned by the government, Nov. 8 reported net profit of $95 million in the quarter ended Sept. 30. It made €25 billion last year, excluding…

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General Dynamics to deliver new secure radio for Nett Warrior soldiers

Posted November 9, 2012 by

General Dynamics C4 Systems has received an order from the U.S. Army to deliver a new secure radio for Nett Warrior soldiers. The new Nett Warrior radio is part of the Handheld Manpack Small Form Fit family of radios. Weighing less than two pounds, the secure radio communicates using the Soldier Radio Waveform and meets…

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Raytheon awarded $11.5 million to upgrade U.S. Air Force weather data analysis system

Posted November 9, 2012 by

The U.S. Air Force has awarded Raytheon an $11.5 million contract to enhance the Weather Data Analysis system. The modernized system is expected to deliver significant efficiencies and improve weather forecast analysis capabilities, enabling warfighters to make critical mission decisions. “Enhancing WDA will deliver advanced capabilities to the Air Force, enabling the Air Force Weather…

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Nation’s seventh Littoral Combat Ship takes shape as Lockheed Martin team lays the keel

Posted November 9, 2012 by

A Lockheed Martin-led industry team officially laid the keel for the U.S. Navy's seventh Littoral Combat Ship, the future USS Detroit Nov. 8. The event was part of a time-honored keel laying ceremony that took place at the Marinette Marine Corporation shipyard in Wisconsin.

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Northrop Grumman appoints VP of Aerospace Products

Posted November 9, 2012 by

Northrop Grumman announced Nov. 8 that it has appointed Chris Yamada vice president of its Aerospace Products organization.

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AAR sources, modifies 737-400s for Colombian Air Force

Posted November 9, 2012 by

AAR has sourced and is modifying two Boeing 737-400 aircraft for Colombia’s Air Force, Fuerza Aerea Colombiana. The program is expected to generate approximately $31 million in the second half of the company’s current fiscal year. The program demonstrates AAR’s wide range of capabilities, which the company combines to create custom-tailored solutions for its commercial…

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Calling all middle school students

Posted November 9, 2012 by

Raytheon’s MathMovesU grant, scholarship program now open Raytheon is calling for submissions to its 2012-13 MathMovesU(r) Middle School Grant and Scholarship Program. To participate, sixth-, seventh- and eighth-grade students nationwide are invited to illustrate the importance of math in the mission to Mars and in space exploration. Student submissions will be evaluated on creativity, originality,…

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Northrop Grumman to provide attitude heading reference system for Israel’s M-346 trainer aircraft

Posted November 7, 2012 by

Northrop Grumman has been selected by prime contractor Alenia Aermacchi to provide the Attitude Heading Reference System for the Israel Ministry of Defense’s M-346 advanced trainer aircraft fleet. Northrop Grumman Italia will provide the LISA-200 AHRS for the fighter trainer under a new contract that builds on its five-year experience as a supplier for the…

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California Aircraft maintenance provider creates jobs in San Bernardino

Posted November 7, 2012 by

Aviation & Defense, Inc., a maintenance, repair and overhaul company headquartered in Southern California at the San Bernardino International Airport, has succeeded in building a sustainable business model to create jobs in this uncertain economy. Leveraging 25 years of leadership and experience in the aviation industry coupled with the latest MRO technology, ADI has built…

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Boeing, Aeromexico finalize order for 737 MAX 8s and 9s

Posted November 7, 2012 by

Boeing and Aeromexico finalized an order for 60 737 MAX 8s and 9s, with reconfirmation rights for 30 additional 737 MAXs. The firm order by Mexico’s largest airline, which was first announced as a commitment in July, is valued at more than $6 billion at published list prices. Today’s order brings the total 737 MAX…

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