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Parker completes acquisition of Olaer Group in United Kingdom

Posted July 5, 2012 by

Parker Hannifin Corporation, the global leader in motion and control technologies, announced July 2 that it has successfully completed its previously announced agreement to acquire the Olaer Group headquartered in Deeside, United Kingdom. Terms of the transaction were not disclosed. The Olaer Group has annual sales of approximately $200 million and 550 employees. Approximately 88…

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Northrop Grumman’s NG-AGS completes field test, readies for next phase

Posted July 10, 2012 by

Northrop Grumman announced July 10 that its Next Generation Automated Detection System for homeland defense applications has successfully completed a rigorous field test and is ready for the program’s next phase. The NG-ADS technology is a competitor for the Department of Homeland Security’s upcoming BioWatch Gen-3 Phase II acquisition. The program seeks to deploy a…

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Cathay Pacific selects A350-1000

Posted July 10, 2012 by

Cathay Pacific Airways July 10 announced that it intends to add the A350-1000 to its future A350 XWB fleet, with an agreement to place a new order for 10 aircraft. In addition, the Hong Kong-based airline will convert 16 of its existing orders for the A350-900 to the larger A350-1000. The acquisition of the A350-1000,…

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Norwegian Air Shuttle becomes Boeing’s largest landing gear exchange customer

Posted July 16, 2012 by

Boeing announced July 16that Norwegian Air Shuttle, the third largest low-cost airline in Europe, has become the largest customer for the…

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Boeing delivers second production P-8A Poseidon aircraft to U.S. Navy

Posted July 23, 2012 by

Boeing on July 17 delivered the second production P-8A Poseidon aircraft to the U.S. Navy.

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General Dynamics completes acquisition of Earl Industries’ ship repair division

Posted August 2, 2012 by

July 31, General Dynamics completed its acquisition of the Ship Repair and Coatings Division of Earl Industries, a leading East Coast ship-repair company that supports the U.S. Navy fleet in Norfolk, Va., and Mayport, Fla. The acquisition is expected to be accretive to General Dynamics’ earnings in 2013. “The acquisition of the Ship Repair and…

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Oman takes flight

Posted August 8, 2012 by Lockheed Martin photograph by John Rossino

A new C-130J Super Hercules for the Sultanate of Oman conducts a test flight at the Lockheed Martin facility in Marietta, Ga. This is the first of three C-130Js on order for Oman and is scheduled for delivery later...

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Lockheed Martin to build spacecraft for Insight Mars Lander, NASA’s next discovery mission

Posted August 21, 2012 by

An exciting and novel mission to Mars has been selected as NASA’s next Discovery mission. The Interior Exploration using Seismic Investigations, Geodesy and Heat Transport (InSight) mission, led by principal investigator Bruce Banerdt of the Jet Propulsion Laboratory and managed by JPL, will make the first ever measurements of the interior of Mars, providing insight…

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GA-ASI introduces system-wide enhancements for Predator B/MQ-9

Posted September 5, 2012 by

General Atomics Aeronautical Systems, Inc. announced Sept. 5 the successful first flight of the Block 1-plus Predator(r) B/MQ-9 Reaper, an upgrade to the original Block 1 Predator B that has been in production since 2003.

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Lockheed Martin leans forward with aggressive, new environmental sustainability goals

Posted September 14, 2012 by

Lockheed Martin Sept. 13 announced it will implement aggressive new global environmental goals to decrease its use of natural resources at all stages of product development and business operations over the next eight years. By 2020, the company is targeting absolute reductions in carbon emissions by 35 percent, facility energy use by 20 percent, waste…

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