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Lockheed Martin names new leader for Commercial Launch Services business

Posted April 17, 2012 by

Lockheed Martin Corporation announced April 17 that Robert Cleave has been named president of Lockheed Martin Commercial Launch Services effective May 1, 2012. Cleave succeeds Jack Zivic who is retiring at the end of April following 28 years of service with the company. In his new role, Cleave will lead and expand the company’s launch…

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Boeing makes 737 MAX design decisions

Posted April 17, 2012 by

Boeing has made a series of design updates to the 737 MAX to further optimize the new-engine variant’s performance. “The 737 MAX is on-track to deliver substantial fuel-savings to customers starting in 2017,” said Beverly Wyse, vice president and general manager, 737 program. “We’ve made several design decisions that support the performance targets for the…

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Raytheon awarded $106 million for Aegis radar work

Posted April 17, 2012 by

The U.S. Navy has awarded Raytheon a $106.4 million modification to a previously awarded contract for the production of Aegis-related equipment, including the AN/SPY-1(D)V radar transmitter and MK99 Mod 14 Fire Control System. With this modification, Raytheon will continue its long history of reliable manufacturing of these two essential components, which are critical to Aegis’…

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Northrop Grumman Silent Watch distributed aperture system demonstrated on surface vessel

Posted April 17, 2012 by

A team of Northrop Grumman engineers recently successfully demonstrated the capability of the company’s Silent Watch Electro-Optical Infrared Distributed Aperture System to enable a surface vessel to sense and track threats. The Silent Watch EO/DAS was originally designed and developed by Northrop Grumman to provide 360-degree situational awareness for F-35 pilots. The innovative threat warning…

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Boeing receives additional Laser JDAM contract from U.S. Navy

Posted April 17, 2012 by

Boeing received a $12.5 million contract from U.S. Naval Air Systems Command March 12 for 1,116 Laser Joint Direct Attack Munition sensors. This is NAVAIR’s third Low Rate Initial Production order for its Direct Attack Moving Target Capability. It follows an $8.3 million NAVAIR order for 700 laser sensors on Jan. 31 that allows the…

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Business Briefs April 17, 2012

Posted April 17, 2012 by

HEICO acquires Aerospace Electronics product line HEICO reported April 16 that its Radiant Power Corp. subsidiary acquired the aerospace assets of Moritz Aerospace, Inc. in an all cash transaction. Radiant is part of HEICO’s Electronic Technologies Group. HEICO stated that it expects the acquisition to be accretive to its earnings within a year following the…

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Boeing celebrates 4,000th Next-Generation 737

Posted April 16, 2012 by

Boeing executives and more than 500 employees, suppliers, union representatives and government officials joined China Southern Airlines to celebrate the 4,000th Next-Generation 737 at a special event April 13 at Seattle’s Boeing Field. The 4,000th Next-Generation 737 jetliner off the 737 production…

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U.K.’s first F-35 makes inaugural flight

Posted April 16, 2012 by Lockheed Martin photograph by Tom Harvey

BK-1, the United Kingdom’s first Lockheed Martin F-35 Lightning II production aircraft, flew its inaugural flight April 13. Lockheed Martin test pilot Bill Gigliotti took the short takeoff/vertical landing jet through a series of functional flight checks during a sortie that lasted 45 minutes. The jet will…

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Raytheon, Lockheed Martin complete integration milestone on upgrade of Global Positioning System

Posted April 16, 2012 by

Raytheon and Lockheed Martin successfully completed the first significant integration milestone between Raytheon’s Global Positioning System and Lockheed Martin’s GPS III satellite system. The joint Lockheed Martin/Raytheon team successfully exchanged satellite commands and telemetry data between the GPS III satellite simulator in Newtown, Penn., and the OCX development site in Aurora, Colo. The integration of…

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Study says worldwide UAV market will total $89 billion

Posted April 13, 2012 by

Unmanned Aerial Vehicles continue as the most dynamic growth sector of the world aerospace industry this decade, report Teal analysts in their latest integrated market analysis. Teal Group’s 2012 market study estimates that UAV spending will almost double over the next decade from current worldwide UAV expenditures of $6.6 billion annually to $11.4 billion, totaling…

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