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Army awards Lockheed Martin $391 million for counterfire radar production

Posted April 30, 2012 by

The U.S. Army awarded Lockheed Martin $391 million in production orders for a new radar system that provides soldiers with enhanced 360-degree protection from rocket, mortar and artillery fire. The orders represent the execution of two contract options for a total of 33 AN/TPQ-53 (Q-53) counterfire target acquisition radars – formerly designated EQ-36 during their…

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Lockheed Martin completes delivery of 17 CC-130J Super Hercules aircraft to Canada

Posted May 8, 2012 by

The Royal Canadian Air Force formally accepted the 17th Lockheed Martin CC-130J Super Hercules in ceremonies in Marietta, Ga., May 8, completing the order placed in December 2007. The aircraft will be flown to Canadian Forces Base Trenton later this week. The original contract called for all 17 aircraft to be delivered by the end…

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AeroVironment introduces digital Wasp AE small UAS

Posted May 22, 2012 by

AeroVironment May 22 introduced the Waspâ„¢ small unmanned aircraft system and announced that it has been accepted by the U.S. Air Force for inclusion in its Battlefield Air Targeting Micro Air Vehicle program. Inclusion into the BATMAV program enabled the Air Force to place an order for Wasp AE systems valued at $2,447,949. The Air…

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Boeing Phantom Eye completes first autonomous flight

Posted June 4, 2012 by

Boeing's Phantom Eye unmanned airborne system completed its first autonomous flight June 1 at NASA's Dryden Flight Research Center at Edwards, Calif. The 28-minute flight began at 6:22 a.m. Pacific time as...

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UTC launches equity units offering as component of financing for Goodrich acquisition

Posted June 13, 2012 by

United Technologies Corp. announced June 12 an offering of $1 billion of equity units. Net proceeds of the offering are expected to be used primarily to pay a portion of the cash consideration for the previously announced acquisition of Goodrich Corporation. The offering is being made under an effective shelf registration statement on file with…

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Lockheed Martin selected to deliver major improvements to DOD’s ISR information sharing capabilities

Posted June 25, 2012 by

With the help of Lockheed Martin, the U.S. Department of Defense is making major strides in its ongoing initiative to quickly and efficiently share the vast volume of intelligence, surveillance and reconnaissance data available to users with access to the Distributed Common Ground System. The DCGS Multi-Service Execution Team office awarded Lockheed Martin a $2.6…

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Virgin Galactic successfully completes SpaceShipTwo glide flight test and rocket motor firing on same day

Posted June 28, 2012 by

MOJAVE, Calif. – Virgin Galactic, the world’s first commercial spaceline, announced June 28 that its passenger-carrying suborbital space vehicle, SpaceShipTwo, successfully completed its first glide flight test on June 26 since a recent integration period for rocket motor systems and maintenance. Also, on June 26, the spaceship’s engine, RocketMotorTwo, underwent another successful full duration test…

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Align Aerospace receives Silver Boeing Performance Excellence Award

Posted July 9, 2012 by

Align Aerospace LLC, a global provider of aerospace fasteners, assembly components and supply chain solutions, has received a Boeing Performance Excellence Award. Boeing issues the award annually to recognize suppliers who have achieved superior performance. This year, Boeing recognized a total of 529 suppliers who achieved either a Gold or Silver level BPEA. Based on…

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Airbus offers longer-range A330 with increased payload

Posted July 10, 2012 by

Airbus has decided to offer a further enhanced version of the popular A330 airliner by increasing the maximum takeoff weight capability to 240 metric tonnes.

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Virgin Galactic reveals privately funded satellite launcher, confirms SpaceShipTwo poised for powered flight

Posted July 11, 2012 by

July 11 during the Farnborough International Air Show 2012, Virgin Galactic, the world’s first commercial spaceline, announced “LauncherOne,” a new air-launched rocket specifically designed to deliver small satellites into orbit. With substantial funding already raised from Virgin Galactic’s partner aabar Investments PJS, and with commercial flights of this new orbital launch vehicle expected to begin…

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