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Lockheed Martin, StemRad studying first-responder radiation shield for potential deep-space application

Posted July 27, 2015 by

StemRad, Ltd. and Lockheed Martin have initiated a joint research and development effort to determine if StemRad’s radiation shielding technology ñ originally designed for first-responders ñ could help to keep astronauts safe on deep-space exploration missions. This collaboration is part of Lockheed Martin’s ongoing effort to establish international partnerships for human exploration of deep-space. As…

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General Dynamics to continue modernizing submarine tactical weapons systems

Posted July 27, 2015 by

General Dynamics has received a $20 million contract modification from the U.S. Navy to continue modernizing the AN/BYG-1 Weapons Control System Technology Insertion and Advanced Processing Build software for U. S. Navy and Royal Australian Navy submarines. The AN/BYG-1 software analyzes and tracks submarine and surface-ship contact information, providing tactical, situational awareness for submarine crews…

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Boeing, Vietnam Airlines sign exclusive pilot training agreement

Posted July 27, 2015 by

Boeing and Vietnam Airlines announced a five-year exclusive pilot-training agreement to support the Hanoi-based airline’s 787 Dreamliners. Under the agreement, Boeing Flight Services, a business unit of Boeing Commercial Aviation Services, will provide flight training for the airline’s new 787 Dreamliner fleet at Boeing’s Singapore training campus. Nearly 90 Vietnam Airlines pilots are expected to…

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Boeing WGS-7 satellite to provide military with 17 percent more bandwidth

Posted July 24, 2015 by

Boeing’s seventh Wideband Global SATCOM satellite is now in orbit and will soon provide the U.S. and allied militaries with 17 percent more secure communications bandwidth than its predecessors thanks to a payload upgrade. “Every WGS that we deliver increases the ability of U.S. and allied forces to reliably transmit vital information,” said Dan Hart,…

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Boeing, Japanese partners formally sign agreement on 777X

Posted July 24, 2015 by

Boeing and key Japanese partners July 23 signed a formal agreement for significant work on Boeing’s new 777X airplane. The agreement finalizes last year’s announcement by Boeing, Japan Aircraft Industries and Japan Aircraft Development Corporation of a Memorandum of Agreement to provide approximately 21 percent of the major airplane structure components for the 777X. The…

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Lockheed Martin receives additional EW contract to protect Navy’s fleet

Posted July 24, 2015 by

The U.S. Navy awarded Lockheed Martin a $154 million contract to upgrade the fleet’s electronic warfare defenses against evolving threats, such as anti-ship missiles. Under this low-rate initial production contract for Block 2 of the Navy’s Surface Electronic Warfare Improvement Program (SEWIP), Lockheed Martin will provide additional systems to upgrade the AN/SLQ-32 systems on U.S….

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Lockheed Martin receives $1.5 billion missile interceptor deal

Posted July 24, 2015 by

United States and allied military forces are set to upgrade key missile defense capabilities under a new $1.5 billion contract for production and delivery of Patriot Advanced Capability-3 missiles and PAC-3 Missile Segment Enhancement (PAC-3 MSE) missiles. The contract includes PAC-3 and PAC-3 MSE interceptor deliveries for the U.S. Army, and Foreign Military Sales of…

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Military fuel tanker delays pull down Boeing’s second quarter earnings

Posted July 24, 2015 by Scott Mayerowitz

Aerospace giant Boeing saw its earnings plunge by a third in the second quarter because of repeated delays with a military fuel tanker. The Chicago-based company July 22 posted a $1.11 billion net profit, down from $1.65 billion during the same period last year. The bulk of that drop is attributed to a $536 million…

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United Technologies posts lower second quarter revenue, profit

Posted July 24, 2015 by Stephen Singer

United Technologies Corp. posted second-quarter declines July 21 in revenue and profit as a strong dollar cut exports. It also reduced its 2015 outlook on Otis elevator sales in Europe and China’s slowing economy. Its stock dropped almost 8 percent in late morning trading Tuesday. “Look, to say that I’m disappointed would be a significant…

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Lockheed Martin completes sixth open mission systems flight

Posted July 22, 2015 by

Lockheed Martin successfully integrated and flight tested seven Open Mission Systems payloads in a span of less than three months into a U-2 Dragon Lady, marking the corporation’s sixth demonstration flight in support of the U.S. Air Force’s OMS vision.

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