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Lockheed Martin completes JASSM F-15E integration with successful all-up round flight test

Posted July 26, 2012 by

Lockheed Martin's Joint Air-to-Surface Standoff Missile recently completed F-15E platform integration with a successful all-up round flight test at White Sands Missile Range, N.M.

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Boeing photograph by Tim Stake
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Boeing delivers Nippon Cargo Airlines’ first 747-8 Freighter

Posted July 25, 2012 by

Boeing has delivered a 747-8 Freighter to Narita-based Nippon Cargo Airlines, marking the Japanese debut for the 747-8. The new airplane is NCA’s first 747-8 Freighter on order with Boeing.

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New Raytheon warhead lethal to enemy rockets

Posted July 25, 2012 by

The U.S. Army and Raytheon has completed a warhead test for the new Accelerated Improved Interceptor Initiative. Once fielded, AI3 is intended to provide a new level of war fighter protection by destroying incoming rockets, artillery and mortars. The ground-based system will leverage proven technologies from many of Raytheon’s programs, including the Sidewinder air-to-air missile…

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Boeing second net income up; raises outlook

Posted July 25, 2012 by by Samantha Bomkamp

Boeing posted a surprise improvement in second-quarter net income July 25 as demand for passenger jets thrived and its defense business held its own. The maker of 737 aircraft and F-18 fighter jets also raised its earnings forecast for the year, suggesting demand for new planes could insulate it from the sluggish global economic environment….

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General Dynamics second quarter profit falls, cuts guidance

Posted July 25, 2012 by

General Dynamics said July 24 its second-quarter net income fell 3 percent, and the defense contractor cut its 2012 profit prediction due to contract delays in its IT business. The entire defense industry is under a cloud because of the potential for big military spending cuts in January. The cuts, which will be automatic unless…

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Gray Eagle UAS achieves 10,000 automated takeoffs and landings

Posted July 25, 2012 by

General Atomics Aeronautical Systems, Inc., a leading manufacturer of Unmanned Aircraft Systems, tactical reconnaissance radars, and electro-optic surveillance systems, today announced that its Gray Eagle® UAS has reached...

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Raytheon to upgrade Army’s Advanced Field Artillery Tactical Data System

Posted July 25, 2012 by

Raytheon has received an $81 million contract from the U.S. Army to develop and produce a new version of the Advanced Field Artillery Tactical Data System. It will provide general and fires command and control capabilities to ground forces, from mission planning to execution. The contract extends over a 24-month period, with an $18 million,…

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Boeing, Aeromexico announce commitment for 100 airplanes

Posted July 25, 2012 by

Boeing announced July 25 a commitment by Aeromexico to purchase up to 100 single- and twin-aisle airplanes - a combination of 737 MAXs and 787 Dreamliners - in an agreement that will fuel the airline's expansion.

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Northrop Grumman second quarter results top analysts’ forecast

Posted July 25, 2012 by

Defense contractor Northrop Grumman’s net income fell 8 percent in the second quarter as sales softened in most of its business segments, but its adjusted results beat Wall Street’s estimates. The Falls Church, Va., company also raised its full-year earnings forecast July 25. Northrop Grumman made $480 million, or $1.88 per share, compared with $520…

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Boeing awards P-8 supplier contracts to two Australian companies

Posted July 24, 2012 by

Boeing has awarded contracts totaling nearly $1.85 million to Australian companies Lovitt Technologies Australia and Ferra Engineering to manufacture parts and assemblies for the P-8A Poseidon maritime reconnaissance aircraft. “Boeing continues to capture opportunities for value and growth through partnering with Australian suppliers,” said Ian Thomas, president of Boeing Australia & South Pacific. “Over the…

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