0
comments
Business

Lockheed conducts 2nd successful production qualification flight test of GMLRS Alternative Warhead

Posted February 3, 2014 by

Lockheed Martin successfully conducted the second Production Qualification Test (PQT) for the new Guided Multiple Launch Rocket System Alternative Warhead recently at White Sands Missile Range, N.M. Four rockets were fired from a M270A1 launcher and destroyed their respective targets approximately 17 kilometers away. This test follows the initial successful PQT test conducted in October…

Full Story »

Lockheed Martin photograph by Marco Ricco
0
comments
Business

Lockheed Martin files for FAA type design update

Posted February 3, 2014 by

Lockheed Martin officials submitted a Program Notification Letter to the Federal Aviation Administration on Jan. 21, 2014, for a type design update for the Lockheed Martin Model L-382J airplane, a civil-certified variant of the proven C-130J Super Hercules to be marketed as the LM-100J.

Full Story »

0
comments
Business

General Dynamics awarded $73 million for Abrams tank production

Posted February 3, 2014 by

The U.S. Army TACOM Lifecycle Management Command has awarded General Dynamics Land Systems $72.7 million under an existing contract to upgrade 12 M1A1 Abrams tanks to the M1A2 Systems Enhancement Package (SEP) V2 configuration. General Dynamics Land Systems is a business unit of General Dynamics. The most technologically advanced digital tank, the M1A2 SEP V2…

Full Story »

0
comments
Business

General Dynamics elects Laura J. Schumacher to board of directors

Posted February 3, 2014 by

The board of directors of General Dynamics has elected Laura J. Schumacher to be a director of the corporation, effective Feb. 2, 2014. Schumacher is the executive vice president of Business Development, External Affairs and General Counsel for AbbVie, a biopharmaceutical company formed in 2013 following separation from Abbott. Schumacher is responsible for AbbVie’s legal,…

Full Story »

0
comments
Business

U.S. Air Force orders additional Boeing Combat Survivor Evader Locators

Posted February 3, 2014 by

HUNTINGTON BEACH, Calif. ñ Boeing will deliver an additional 2,550 Combat Survivor Evader Locator radios ñ which are vital to the rescue of downed pilots and other warfighters in dangerous situations ñ under a new $24 million contract with the U.S. Air Force. A global emergency call system that enables the safe, fast and efficient…

Full Story »

0
comments
Business

Boeing outlook sinks stock despite solid fourth quarter profit

Posted January 31, 2014 by Joshua Freed

Boeing is building airplanes faster, but Wall Street wants it to build profits faster, too. Boeing shares dropped more than 5 percent Jan. 29 after it said this year’s profit and revenue would grow less than analysts had been expecting. There are a number of reasons. Boeing’s defense business is slowing down as governments dial…

Full Story »

0
comments
Business

Boeing to mentor AMRO through NASA mentor-protege program

Posted January 31, 2014 by

Boeing will continue its tradition of helping small businesses by partnering with El Monte, Calif.,-based AMRO Fabricating Corporation through NASA’s Mentor-Protege Program. The focus of the three-year agreement is the work the companies are doing for NASA’s Space Launch System, the next-generation heavy-lift launch vehicle for deep space exploration. Boeing is prime contractor for the…

Full Story »

LM-convoy
0
comments
Business

U.S. Army, Lockheed Martin complete advanced autonomous convoy demonstration

Posted January 31, 2014 by

The U.S. Army Tank-Automotive Research, Development and Engineering Center and Lockheed Martin have demonstrated the ability of fully autonomous convoys to operate in urban environments with multiple vehicles of different models.

Full Story »

0
comments
Business

Lockheed Martin receives $31 million U.S. Air Force contract for paveway II Plus laser guided bomb kits

Posted January 29, 2014 by

Lockheed Martin has received a $31.1 million contract from the U.S. Air Force for follow-on production of paveway II Plus Laser Guided Bomb kits. The contract represents the majority share award of the available fiscal year 2013 funding. Production deliveries under this contract will include computer control groups and air foil groups for GBU-10 and…

Full Story »

0
comments
Business

Northrop Grumman delivers 100th EA-18G airborne electronic attack kit

Posted January 29, 2014 by

Northrop Grumman has delivered the 100th airborne electronic attack (AEA) kit for the EA-18G Growler aircraft. The AEA kit is a critical component of the aircraft, which allows warfighters to target and attack the most complex enemy communication and air defense systems. “This delivery milestone demonstrates the dedication of the Northrop Grumman team to the…

Full Story »


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