0
comments
Business

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…

Full Story »

0
comments
Business

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…

Full Story »

0
comments
Business

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…

Full Story »

0
comments
Business

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…

Full Story »

0
comments
Business

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…

Full Story »

boeing-787-philly
0
comments
Business

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…

Full Story »

boeing-air-lease
0
comments
Business

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.

Full Story »

0
comments
Business

Lockheed Martin F-35 flight test progress report

Posted July 10, 2012 by

Lockheed Martin’s F-35 program accrued the highest number of test points in a single month during June, an accomplishment indicative of the program’s ongoing maturation. Additionally, for the 18th consecutive month the F-35 test program remained ahead of plan. As of June 30, the F-35 Lightning II 5th Generation multirole fighter had conducted 595 test…

Full Story »

Boeing photograph
0
comments
Business

Boeing projects exponential growth in demand for airline pilots

Posted July 11, 2012 by

Boeing projects the world will face an unprecedented demand for airline pilots and maintenance technicians over the next 20 years as global economies expand and airlines take...

Full Story »

0
comments
Business

ATK completes final milestone for Liberty

Posted July 18, 2012 by

ATK successfully completed the last Liberty space transportation system milestone under the company’s unfunded Space Act Agreement with NASA for the Commercial Crew Development Program (CCDev-2). The final milestone under the SAA was a Program Status Review for the Liberty system. During the PSR, the Liberty team presented NASA with detailed progress of the program,…

Full Story »


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