0
comments
Business

Northrop Grumman directs target engagement in successful missile defense intercept test

Posted June 23, 2014 by

– Northrop Grumman’s advanced battle management and launch control capabilities successfully performed in the June 22 intercept test of the Ground-based Midcourse Defense system. Northrop Grumman is a strategic partner of Boeing for the GMD program that provides the nation’s only defense against long-range ballistic missiles. “Our systems serve a pivotal role in effectively delivering…

Full Story »

0
comments
Business

Hill AFB plays key role in delivering F-16s to Indonesia

Posted July 11, 2014 by

The combined efforts of Hill Air Force Base’s Ogden Air Logistics Complex, F-16 System Program Office, Defense Logistics Agency and several other Defense Department organizations will culminate in the initial delivery of three of 24 F-16 Fighting Falcon aircraft to the government of Indonesia July 14. The Indonesian government will accept delivery of one F-16C…

Full Story »

0
comments
Business

Ingalls Shipbuilding awarded $23.5 million LHA 8 affordability contract

Posted July 21, 2014 by

Huntington Ingalls Industries’ Ingalls Shipbuilding division has been awarded an affordability design contract for $23.5 million for early industry involvement to reduce the construction and life-cycle cost for the amphibious assault ship LHA 8. “Ingalls Shipbuilding has been constructing large-deck amphibious ships for nearly 50 years, and this contract will build on our company’s knowledge…

Full Story »

0
comments
Business

DRS Technologies awarded contract For Halvorsen aircraft loader/transporter overhaul program

Posted August 6, 2014 by

DRS Technologies, Inc., a Finmeccanica Company, announced Aug. 6 that it will provide logistics support to the U.S. Air Force’s Halvorsen 25K Aircraft Cargo Loaders around the globe. The Air Force awarded DRS Sustainment Systems, Inc. a ten-year IDIQ contract valued at more than $175 million for depot-level overhaul, program engineering support and parts management…

Full Story »

boeing-xiamen
0
comments
Business

Boeing, Xiamen Airlines celebrate airline’s first 787 Dreamliner Delivery

Posted September 2, 2014 by

Boeing and Xiamen Airlines Aug. 29 celebrated the delivery of the airline’s first 787 Dreamliner. “We are excited to receive our first 787 Dreamliner which is also the first widebody airplane of our all-Boeing fleet,” said Che Shanglun, president and chairman of Xiamen Airlines. “With the innovative technology and exceptional efficiency, the 787 Dreamliner will…

Full Story »

0
comments
Business

Boeing, Avolon finalize order for 787 Dreamliners, 737 MAXs

Posted September 19, 2014 by

Boeing and leasing company Avolon have finalized an order for six 787-9 Dreamliners and five additional 737 MAX 9s, valued at more than $2.1 billion at list prices. Avolon announced a commitment to purchase the airplanes during the 2014 Farnborough Airshow in July. This marks Avolon’s first order for the super-efficient 787 Dreamliner and will…

Full Story »

0
comments
Business

AeroVironment unveils modular gimbaled sensor payload on RQ-11B Raven UAS

Posted April 3, 2012 by

AeroVironment, Inc. unveiled a new miniature gimbaled sensor payload on the battle-proven RQ-11B Raven small unmanned aircraft system April 2 at the Army Aviation Association of America Annual Professional Forum and Exposition. The modular payload includes a high-resolution color and an infrared thermal video sensor, as well as a laser illuminator integrated into a multi-axis…

Full Story »

0
comments
Business

Boeing awards direct contract to Mubadala Aerospace’s Strata facility to for composite aerostructures

Posted April 17, 2012 by

Boeing and Mubadala Aerospace of Abu Dhabi April 17 announced a 10-year direct contract for Strata Manufacturing, Mubadala Aerospace’s advanced composite aerostructures facility in Al Ain, to produce commercial composite aerostructures for the 777 and 787 Dreamliner. In addition, the companies announced a strategic agreement that positions Strata to be a future supplier of the…

Full Story »

0
comments
Business

Raytheon first quarter profit jumps, lifts 2012 outlook

Posted April 26, 2012 by

Raytheon posted a 17 percent jump in the first-quarter profit April 26 and the defense contractor boosted its full-year outlook with sales for missile, intelligence and information systems on the rise. The big jump in comparable net income was partially due to the charges that the company was saddled with during the same period last…

Full Story »

0
comments
Business

Hawker Beechcraft reaches agreement to reduce debt, strengthen company for future

Posted May 4, 2012 by

Hawker Beechcraft announced May 3 that it has reached an agreement with a significant number of its senior secured lenders and senior bondholders on the terms of a financial restructuring plan that will strengthen the company for the future and eliminate approximately $2.5 billion in debt and approximately $125 million of annual cash interest expense….

Full Story »


All of this week's top headlines to your email every Friday.