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Business briefs – January 18, 2013

Posted January 18, 2013 by

Raytheon establishes Global Business Services group Raytheon has established a new Global Business Services (GBS) group to build on the success of its well-instituted enterprise efficiency initiatives by applying proven service delivery practices more broadly across the company. Raytheon GBS brings together best practices of the company’s supply chain management, finance, information technology and human…

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Hawker Beechcraft closer to bankruptcy emergence

Posted January 30, 2013 by Roxana Hegeman

Kansas plane maker Hawker Beechcraft said Jan. 25 that its key creditors overwhelmingly backed a proposed reorganization plan in a vote that moves the company closer to emerging from bankruptcy protection as early as next month. The Wichita, Kansas,-based company said that it will seek court approval to exit bankruptcy at a hearing Thursday and…

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GA-ASI announces supplier excellence award winners

Posted February 13, 2013 by

General Atomics Aeronautical Systems, Inc., a leading manufacturer of Remotely Piloted Aircraft, tactical reconnaissance radars, and electro-optic surveillance systems, announced Feb. 13 that it has honored 43 suppliers with the company’s annual Supplier Excellence Awards in recognition of outstanding quality and delivery performance. “Quality products and on-time delivery are critical to the mission success of…

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Boeing acquires CPU Tech’s microprocessor business

Posted February 25, 2013 by

Boeing continued to address its global customers’ enduring need to protect war fighters from information-assurance attacks Feb. 22 by acquiring CPU Technology Inc.’s Acalis business. Acalis microprocessors contain unique hardware and software that can guard mission-critical onboard systems in Boeing platforms. “Acalis provides security-on-a-chip that can help defend the manned and unmanned aircraft we build…

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ATK awarded $12 million contract to deliver 30mm MK266 ammunition to the U.S. Navy

Posted March 11, 2013 by

ATK announced March 8 the award of a first-year, $12 million contract to deliver 30mm MK266 ammunition to the U.S. Navy. This is a single award, firm-fixed-price, five-year indefinite delivery indefinite quantity contract for 30mm x 173mm, MK266 High Explosive Incendiary with Trace Cartridges in MK15 Linked Belts. This multi-year contract has a potential value…

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Raytheon helps Missile Defense Agency counter ballistic missile threat with delivery of 8th AN/TPY-2 radar

Posted March 18, 2013 by

Raytheon has delivered its eighth AN/TPY-2 radar to the Missile Defense Agency in support of the U.S. combatant commands. An integral capability of the Ballistic Missile Defense System, AN/TPY-2 is a mobile, X-band phased-array radar that helps protect the U.S., deployed forces, and America’s friends and allies by searching, acquiring and tracking threat ballistic missiles…

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Northrop Grumman wins Navy performance-based logistics contract for Carrier Aircraft Inertial Navigation System

Posted March 29, 2013 by

WOODLAND HILLS, Calif. – Northrop Grumman has been awarded a follow-on performance-based logistics contract to provide logistics, material and technical support for the AN/ASN-139 Carrier Aircraft Inertial Navigation System (CAINS II) installed on various U.S. Navy and foreign aircraft. The U.S. Naval Supply Systems Command granted the five-year, firm-fixed-price contract, which has a total value…

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Raytheon demonstrates new Joint Standoff Weapon Extended Range integrated fuel system

Posted April 10, 2013 by

Raytheon successfully demonstrated a new integrated fuel system for the company’s extended range version of the Joint Standoff Weapon. During the test, a new production representative tactical fuel tank and fuel delivery system were integrated with the TJ-150 turbojet engine on a modified JSOW C-1 air vehicle. The functional ground test verified the end-to-end operations…

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Lockheed Martin to modernize U.S. joint theater air ops system

Posted April 17, 2013 by

Lockheed Martin is upgrading the command and control system that allows Joint Force Air Component Commanders to deploy air assets, execute air tasking orders and synchronize management of air operations . The U.S. Air Force selected Lockheed Martin to modernize the air tasking order capabilities within the Theater Battle Management Core System (TBMCS). As the…

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Raytheon realigns two business headquarters locations

Posted May 3, 2013 by

Part of company’s previously announced consolidation initiative Company announced May 2 that two of its four businesses will have new headquarters locations. The decisions stem from the company consolidation announced March 25, 2013, intended to streamline operations, increase productivity and achieve stronger alignment with its customers’ priorities. Raytheon’s newly formed Intelligence, Information and Services business…

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