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General Dynamics board declares dividend, authorizes share repurchases

Posted June 11, 2012 by

The General Dynamics board June 6 declared a regular quarterly dividend of 51 cents per share on the company’s common stock, payable Aug. 10, 2012, to shareholders of record at the close of business July 6. The board also authorized management to repurchase 10 million shares of the company’s issued and outstanding common stock on…

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U.S. Navy, Northrop Grumman complete X-47B flight testing at Edwards

Posted June 14, 2012 by

The first major phase of flight testing the X-47B Unmanned Combat Air System demonstrator aircraft came to a successful conclusion on May 15 when Northrop Grumman and the U.S. Navy wrapped up testing at...

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First full company of Gray Eagle UAS now deployed

Posted June 25, 2012 by

General Atomics Aeronautical Systems, Inc., a leading manufacturer of Unmanned Aircraft Systems, tactical reconnaissance radars, and electro-optic surveillance systems, announced June 25 the recent deployment...

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Precision Castparts broadens aerostructures capabilities with acquisition

Posted July 2, 2012 by

Precision Castparts Corp. has agreed to acquire Klune Industries, a manufacturer of complex aluminum, nickel, titanium, and steel aerostructures. Klune focuses on complex forming, machining, and assembly of aerostructure parts, in addition to offering significant expertise in a range of cold-formed sheet metal components. The company, which operates facilities in North Hollywood, Calif.; Spanish Fork,…

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Airbus-Alabama’s Future – Airbus impact like Mercedes

Posted July 9, 2012 by by Phillip Rawls

The governor who recruited Mercedes-Benz to Alabama said the Airbus plant in Mobile could have the same transforming effect on the state that Alabama’s first auto assembly plant had without creating a political backlash over the $158 million the state is paying to secure the plant. Former Gov. Jim Folsom said the aerospace industry was…

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Lockheed Martin delivers four F-35s to U.S. Air Force, Marine Corps

Posted July 10, 2012 by

With the delivery of four Lockheed Martin F-35 Lightning II aircraft since June 29, an important milestone was achieved as the Department of Defense now possesses more operational-coded F-35s than test aircraft. A total of nine F-35s have been delivered for the year, giving the DOD a total of 30 aircraft fleet-wide. Of these, 16…

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Boeing claws back ground lost to Airbus

Posted July 13, 2012 by by Pan Pylas

Boeing beat Airbus in the aircraft order stakes at this year’s Farnborough Airshow, booking potential deals worth more than double the size of its European arch-rival. Though the highlight of its week was unveiled July 12 in Chicago, Ill., where it announced a United Airlines order for 150 aircraft, Boeing said it took total orders…

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Northrop Grumman delivers first B-1 radar modification kit

Posted July 23, 2012 by

Northrop Grumman has delivered the first B-1 bomber radar prime mission equipment kit under a series of U.S. Air Force contracts worth a combined total of $161 million for the B-1′s Radar Reliability and Maintainability Program. One radar kit has since been installed on a B-1 aircraft based at Ellsworth Air Force Base, S.D. Two…

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Raytheon achieves delivery, operational milestones on F/A-18 avionics systems

Posted July 30, 2012 by

EL SEGUNDO, Calif. – Raytheon has achieved important milestones on three F/A-18E/F related programs, highlighting the company’s ongoing, successful support of the Super Hornet aircraft. Raytheon recently delivered the 300th APG-79 active electronically scanned array radar to Boeing for integration on F/A-18E/F Super Hornets and EA-18G Growlers. Raytheon has also delivered the 600th ALR-67(V)3 radar…

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UTC Aerospace Systems launches high-res snapshot SWIR camera

Posted August 8, 2012 by

UTC Aerospace Systems introduced its next generation Sensors Unlimited shortwave infrared digital video camera at AUVSI Unmanned Systems North America Exhibition in Las Vegas, Nev. This high-resolution, indium gallium arsenide mil-rugged digital video camera features 30Hz full-frame rate and adds snapshot mode capability to the Sensors Unlimited high-definition SWIR product range. The camera is lightweight…

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