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Most advanced GPS satellite comes together

Posted May 4, 2015 by

Using a 10-ton crane, Lockheed Martin engineers and technicians gently lowered the system module of the U.S. Air Force’s first next generation GPS III satellite into place over its propulsion core, successfully integrating the two into one space vehicle.

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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….

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Boeing delivers Transaero’s first Next-Generation 737-800

Posted May 22, 2015 by

Boeing May 22 delivered Transaero’s first Next-Generation 737-800. The airplane, sporting a new livery, arrived at Moscow’s Domodedovo Airport. Boeing May 22 delivered Transaero’s first Next-Generation 737-800. The airplane, sporting a new livery, arrived at Moscow’s Domodedovo Airport. Transaero’s newest 737 has a recognizable radome “bump” on top of the fuselage just behind the wings….

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Lockheed Martin’s EAPS completes successful series of target tracking tests

Posted May 16, 2012 by

Lockheed Martin successfully conducted a series of target tracking tests against Rocket, Artillery and Mortar targets using its Extended Area Protection and Survivability miniature hit-to-kill interceptor system. The tests were conducted during the first week of April at White Sands Missile Range, N.M., in collaboration with the U.S. Army Research Development & Engineering Command/Aviation Missile…

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Germany announces MEADS selection for future air, missile defense system

Posted June 10, 2015 by

The German Federal Ministry of Defence has chosen the Medium Extended Air Defense System as the basis for Taktisches Luftverteidigungssystem, a next-generation network-based tactical air and missile defense system. It will replace Patriot air defense systems initially fielded in the 1980s. Lockheed Martin will share in development of Germany’s TLVS with its MEADS International partner…

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Northrop Grumman supplying integrated bridge systems for new Swedish coast guard patrol boats

Posted May 29, 2012 by

Northrop Grumman’s Sperry Marine business unit is supplying advanced integrated bridge systems for the new class of patrol boats being built for the Swedish Coast Guard. The IBS for the new Swedish patrol boats is based on Northrop Grumman’s advanced VisionMaster FTâ„¢ technology, which integrates the vessels’ navigation and ship control functions in a secure…

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Raytheon wins U.S. Army contract award

Posted July 2, 2015 by

Will provide R&D for ground vehicles, ground robotics The U.S. Army Contracting Command ñ Warren recently awarded Raytheon the TACOM Strategic Service Solutions indefinite delivery/indefinite quantity contract. The five-year multiple-award vehicle has a ceiling value of $634 million. The agreement covers future work on sensors, fire control systems, active protection systems, and robotics and autonomous…

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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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NTSB concludes SpaceShipTwo flight test accident investigation

Posted July 28, 2015 by

Virgin Galactic photograph WhiteKnightTwo and the first SpaceShipTwo during a captive carry test flight over the Mojave Desert. MOJAVE, Calif.–The National Transportation Safety Board has concluded the investigation of the Oct. 31, 2014, Scaled Composites SpaceShipTwo flight test accident. The NTSB is finalizing the final recommendations and probable causes. At the time of the accident,…

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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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