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Debt, not market, drove plane maker to bankruptcy

Posted May 8, 2012 by by Joshua Freed and Roxana Hegeman

Economic turbulence has shrunk the market for business jets, and it’s causing an especially bumpy ride for Hawker Beechcraft. The Wichita, Kansas,-based aircraft maker filed for bankruptcy protection this week, seeking approval for a plan that would write an estimated $2.5 billion in debt off its books and eliminate almost $125 million in annual cash…

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Navy awards General Dynamics $46 million for USS Montpelier maintenance, modernization

Posted June 1, 2015 by

The U.S. Navy has awarded General Dynamics Electric Boat a $46.4 million contract for planning efforts in support of maintenance and modernization work on USS Montpelier, a Los Angeles-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics. Under the terms of the contract, Electric Boat will perform the planning activities required…

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FAA grants APB blended winglets approval for 767 Boeing Converted Freighter

Posted May 18, 2012 by

Aviation Partners Boeing announced May 17 that it has received approval from the FAA demonstrating compatibility for installing Blended Winglets on the Boeing 767 Converted Freighter (767-BCF). This development assures that Boeing 767-300ERs with Blended Winglets are viable candidate for future conversion to freighters by Boeing. Blended Winglet technology installed on a Boeing 767-300ER/F/BCF reduces…

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Boeing, Garuda Indonesia announce airline’s intent to purchase 30 787-9s, up to 30 737 MAX 8s

Posted June 15, 2015 by

Boeing and Garuda Indonesia announced June 15 the airline’s intent to purchase 30 787-9 Dreamliners, as well as up to 30 737 MAX 8 airplanes. Boeing will work with Garuda Indonesia to finalize the order, at which time it will be posted to Boeing’s Orders & Deliveries website.   “The agreement is part of Garuda Indonesia’s…

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ATK, United Launch Alliance successfully test GEM-60 motor

Posted June 1, 2012 by

ATK and United Launch Alliance conducted a successful cold-temperature ground test today of a Graphite Epoxy Motor (GEM-60) solid rocket motor used to boost ULA Delta IV launch vehicles. The main test objectives from today’s static motor firing were measuring the rocket motor’s performance at cold temperatures, qualifying a new vectorable nozzle on the motor…

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Denmark’s first MH-60R helicopters prepare for delivery

Posted July 20, 2015 by

Navy photograph   Denmark is one step closer to becoming the second international customer to have the U.S. Navy’s MH-60R Seahawk helicopter in its inventory. The first two aircraft arrived at Lockheed Martin’s Owego, N.Y., facility for digital cockpit and integrated mission systems and sensors installation July 9 and are anticipated to be delivered to the…

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General Dynamics completes acquisition of IPWireless

Posted June 11, 2012 by

General Dynamics completed its previously announced purchase of IPW Holdings, Inc., the parent company of IPWireless, Inc., June 8. IPWireless, a San Francisco-based provider of 3G and 4G LTE wireless broadband network equipment and solutions for public safety and military customers, has been renamed General Dynamics Broadband. It will operate as a subsidiary of General…

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Boeing completes upgrade of AEOS Telescope at Maui Space Surveillance Complex

Posted June 20, 2012 by

Boeing has completed a two-year modernization effort for the Advanced Electro-Optical System, a powerful telescope used for research and space situational awareness by the U.S. Air Force Research Laboratory. The Air Force has declared initial operational capability for AEOS, which signifies that the telescope is fully upgraded and ready to provide imagery and surveillance of…

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Boeing 787 Dreamliner makes Philadelphia debut

Posted June 27, 2012 by Boeing photograph

The first all-new airliner of the 21st century, the Boeing 787 Dreamliner, landed at Philadelphia International Airport for its first visit to the city June 26. On June 27, local officials, suppliers, media and Boeing employees will tour the…

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Boeing, Air Lease Corporation announce order for 75 737 MAXs

Posted July 9, 2012 by

Boeing and Air Lease Corporation announced July 9 a firm order for 60 737 MAX 8 and 15 737 MAX 9 airplanes, with reconfirmation rights for 25 additional 737 MAXs.

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