0
comments
Business

Boeing second quarter profit tops expectations despite 787

Posted July 24, 2013 by Joshua Freed

Boeing’s problems with its 787 have made headlines, but they haven’t hurt profits. It posted a bigger-than-expected second-quarter profit as it ramped up deliveries of commercial planes like its 737 and its 777. Boeing is in the midst of a boom in airplane orders as airlines in Asia and Latin America expand. It is speeding…

Full Story »

0
comments
Business

AAR sources, modifies two Boeing 737s for U.S. Marshals Service

Posted July 24, 2013 by

The U.S. Marshals Service has signed a purchase commitment with AAR for two Boeing 737-400 aircraft for delivery in September. In addition to sourcing the aircraft, AAR will provide airframe and landing gear overhaul, aircraft painting and interior reconfiguration. AAR recently delivered two similar aircraft to the Colombian Air Force as part of a cost-effective…

Full Story »

LM-C130
0
comments
Business

Lockheed Martin delivers rirst HC-130J to Moody Air Force Base

Posted July 22, 2013 by David Key

Georgia On Its Mind The first  Lockheed Martin HC-130J Combat King II to be assigned to Air Combat Command’s 347th Rescue Group at Moody Air Force Base, Ga., was ferried July 19 from the company’s Aeronautics facility located in Marietta, Ga. Maj. Gen. H. D. Polumbo, Jr., commander, Ninth Air Force, Air Combat Command, Shaw…

Full Story »

Navy photograph by Vance Vasquez
0
comments
Business

First upgraded MQ-8C Fire Scout delivered to U.S. Navy

Posted July 22, 2013 by

Navy photograph by Vance Vasquez The first MQ-8C Fire Scout delivered to the Naval Air Systems Command. The U.S. Navy got its first look at the upgraded MQ-8 Fire Scout unmanned system when Northrop Grumman delivered its first MQ-8C system this month. Northrop Grumman is the Navy’s prime contractor for the MQ-8 Fire Scout program…

Full Story »

0
comments
Business

Lockheed Martin GPS III satellite prototype to help Cape Canaveral Air Force Station prep for launch

Posted July 22, 2013 by

Lockheed Martin recently delivered a full-sized, functional prototype of the next-generation Global Positioning System satellite to Cape Canaveral Air Force Station to test facilities and pre-launch processes in advance of the arrival of the first GPS III flight satellite. The GPS III Non-Flight Satellite Testbed arrived at the Cape July 19 to begin to dry…

Full Story »

0
comments
Business

Boeing, Turkish Airlines finalize order for five additional 777-300ERs

Posted July 22, 2013 by

Boeing and Turkish Airlines have announced an order for five 777-300ER (Extended Range) airplanes, valued at $1.6 billion at list prices The Turkish flag-carrier has exercised options on five 777-300ERs that were first announced in December 2012 as part of a previous firm order for 15 777-300ERs. Turkish Airlines now has 20 777-300ERs currently an…

Full Story »

0
comments
Business

DECISIVE ANALYTICS recently awarded multiple Office Of Naval Research contracts

Posted July 22, 2013 by

DECISIVE ANALYTICS Corporation’s Analytical Technologies division was recently notified of their status of successful offeror of three Navy Small Business Innovation Research and Small Business Technology Transfer proposals. The Machine Learning division won two contracts: a Phase 1 STTR proposal with the subject “SAMURI” and a Phase 2 SBIR proposal with the subject “DVICE”. The…

Full Story »

lm-launch2
0
comments
Business

New military communications satellite built by Lockheed Martin launches successfully

Posted July 19, 2013 by

The second Mobile User Objective System satellite built by Lockheed Martin for the U.S. Navy is responding to commands after being launched July 19 from Cape Canaveral Air Force Station, Fla. The Lockheed Martin-led initialization team is now commanding the satellite from the Naval Satellite Operations Center located at the Naval Base Ventura County, Point…

Full Story »

Northrop Grumman photograph
0
comments
Business

Navy awards Northrop Grumman contract for E-2D Advanced Hawkeyes

Posted July 19, 2013 by

Following the decision earlier this year to proceed with full-rate production, the Navy has awarded Northrop Grumman a $113.7 million advance acquisition contract for long lead materials and related support for five full-rate production Lot 2 E-2D Advanced Hawkeye aircraft.

Full Story »

0
comments
Business

General Dynamics dedicates new facility in Healdsburg, Calif.

Posted July 19, 2013 by

General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics, dedicated its new Healdsburg, Calif., facility July 17 at 190 Foss Creek Circle. A ribbon-cutting ceremony and facility tour was held with employees, local business and community leaders, customers and government personnel. The state-of-the-art facility is designed to meet the rigorous standards of…

Full Story »


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