0
comments
Business

Raytheon awarded $75 million for DDG 1000 program

Posted December 16, 2013 by

Raytheon has been awarded $75 million to complete remaining hardware and electronics for DDG 1000 and 1001, the first two ships of the Zumwalt-class of multimission destroyers. The award reflects exercised options under a previously awarded U.S. Navy contract. Raytheon’s progress on the program continues, remaining on-cost and schedule, meeting all program milestones and shipyard…

Full Story »

0
comments
Business

Global Hawk aids in Philippine relief efforts

Posted January 6, 2014 by

The inherent intelligence, surveillance and reconnaissance capabilities of Northrop Grumman’s Global Hawk Block 30 Unmanned Aerial System were used to support massive international humanitarian assistance and relief efforts following Typhoon Haiyan in the Philippines. Due to Global Hawk’s long endurance, persistence and range, the Block 30 was the only high altitude asset able to support…

Full Story »

boeing-747-freighter
0
comments
Business

Boeing celivers AirBridgeCargo Airlines fifth 747-8 Freighter

Posted January 17, 2014 by

Boeing and AirBridgeCargo Airlines, part of Volga-Dnepr Group and Russias largest cargo airline, recently celebrated the delivery of the airlines fifth 747-8 Freighter. “AirBridgeCargo has already experienced the outstanding payload and operating economics of the 747-8 family, said Denis Ilin, executive president of AirBridgeCargo Airlines. We are very excited to receive our fifth 747-8 Freighter….

Full Story »

0
comments
Business

Raytheon marks delivery of 2000th Griffin missile

Posted February 5, 2014 by

Raytheon has produced and delivered its 2,000th Griffin Missile.  Griffin production began in 2008 as a response to customer requests for a light, reliable, tactical weapon capable of precisely destroying targets with limited collateral damage.  The production milestone also highlights 70 consecutive months of on-time or early Griffin deliveries to the war fighter. “The Griffin…

Full Story »

0
comments
Business

DRS wins supplier excellence award from Northrop Grumman

Posted February 21, 2014 by

DRS Technologies Inc., a Finmeccanica Company, was among 24 suppliers selected from more than 5,000 to win an award for excellence from the Northrop Grumman Corporation. DRS’s C4ISR business group was recognized for providing outstanding support on a challenging and sensitive program with high visibility from Northrop’s Information Systems sector. The DRS team maintained a…

Full Story »

0
comments
Business

ATK names Michael Callahan to board of directors

Posted March 3, 2014 by

ATK has announced that Michael Callahan was elected as an independent director to the company’s board of directors and appointed to its Audit Committee, effective March 1, 2014. Callahan’s election increases the size of ATK’s board from eight to nine. “Mike’s 36 years of leadership in the sporting goods and outdoor industry, combined with his…

Full Story »

0
comments
Business

Boeing Military Aircraft announces leadership appointments

Posted March 24, 2014 by

Boeing March 21 named four executives to new leadership positions in its Boeing Military Aircraft business unit. The appointments will be effective April 1, 2014. David Koopersmith is named vice president and general manager for Vertical Lift. Koopersmith, currently vice president of Attack Helicopter Programs, AH-64 Apache and AH-6 program manager and senior site executive…

Full Story »

LM-Orion-F16
0
comments
Business

Oman Air Force continues F-16 legacy

Posted April 7, 2014 by

Lockheed Martin photograph by Elizabeth L. Kaszynski The Sultanate of Oman accepted the first of its second order of Lockheed Martin F-16 Fighting Falcons in a ceremony April 3 at Lockheed Martin’s Fort Worth facility. The fighter aircraft will ferry to Oman later this year.  In 2002, the Sultanate of Oman became the 23rd member of the…

Full Story »

0
comments
Business

Faster production brings Boeing $965 million first quarter profit

Posted April 23, 2014 by Scott Mayerowitz

Boeing’s increased rate of commercial jet manufacturing is starting to pay off for shareholders. In the first three months of this year, 161 new airplanes rolled off the company’s assembly lines – more jets than the same period last year. That increased rate contributed to a $965 million profit for Chicago-based Boeing post in the…

Full Story »

0
comments
Business

Defense contractor announces major Florida expansion

Posted May 9, 2014 by AP

Defense contractor Northrop Grumman, spurred on by millions in cash incentives from the state of Florida, announced plans May 8 for a major expansion of its already-existing operations in the state. While the company did not specify exactly what it would be doing, U.S. Sen. Bill Nelson said the company will design and build the…

Full Story »


All of this week's top headlines to your email every Friday.