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Boeing finds significant potential in “green diesel” as a sustainable jet fuel

Posted January 15, 2014 by

Boeing has identified “green diesel,” a renewable fuel used in ground transportation, as a significant new source of sustainable aviation biofuel that emits at least 50 percent less carbon dioxide than fossil fuel over its lifecycle. The company is working with the U.S. Federal Aviation Administration and other stakeholders to gain approval for aircraft to…

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William H. Swanson to step down as Raytheon CEO

Posted January 15, 2014 by

Raytheon announced Jan. 15 that its Board of Directors has elected Dr. Thomas A. Kennedy, age 58, to serve as the chief executive officer of Raytheon, effective March 31, 2014.

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Longbow missiles demonstrate littoral attack Capability

Posted January 15, 2014 by

The U.S. Army and Navy, with assistance from Lockheed Martin, recently conducted Longbow missile demonstration firings to showcase the missile’s ability to counter littoral threats, making the weapon an effective candidate for potential use in operational shipboard launches.  During the demonstrations, multiple U.S. Army Longbow missiles were fired from a launch fixture provided by the…

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Boeing Capital’s Cave to retire; Allen named president, to realign unit to Boeing Corporate Treasury

Posted January 15, 2014 by

Boeing executive Mike Cave, president of Boeing Capital Corporation, the company’s product financing unit, announced Jan. 15 that he will retire on May 1. Marc Allen, Boeing China president, will replace Cave, effective March 14. Cave, 53, who also serves as a Boeing senior vice president, has led Boeing Capital since January 2010. The unit…

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Lockheed Martin successfully tests LRASM MK 41 vertical launch system interface

Posted January 15, 2014 by

Lockheed Martin recently demonstrated and validated that its Long Range Anti-Ship Missile can be launched from any MK 41 Vertical Launch System by only modifying the software to existing shipboard equipment. During the company-funded test, LRASM and Tactical Tomahawk Weapons Control System, MK 41 VLS and Mk-114 booster hardware with modified software executed simulated missions…

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Boeing, Alaska Airlines announce order for two 737-900ERs, delivery of 100th Next-Generation 737

Posted January 15, 2014 by

Boeing and Alaska Airlines have completed Boeing’s first firm airplane order of 2014 for two additional 737-900ER (Extended Range) airplanes. The agreement, worth $192 million at current list prices, coincides with today’s direct delivery of the 100th Next-Generation 737 airplane to Alaska Airlines. The 737, the world’s best-selling commercial airliner, is a valuable contributor to…

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Raytheon delivers 3000th Tomahawk Block IV to US Navy

Posted January 15, 2014 by

Raytheon has delivered the 3000th Tomahawk Block IV missile to the U.S. Navy as part of its ninth Block IV full-rate fiscal year 2012 production contract.  The U.S. Navy continues to purchase Tomahawk missiles via the fiscal 2013 budget, and negotiations are ongoing for next year’s production contract. The Block IV missile design was initiated…

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Northrop Grumman’s Global Hawk boasts best safety record designation

Posted January 13, 2014 by

Northrop Grumman photograph The U.S. Air Force RQ-4 Block 30 Global Hawk. Northrop Grumman’s Global Hawk Unmanned Aerial System has been designated as the platform with the best safety record in the U.S. Air Force in 2013. Detachment 1 of the 69 th Reconnaissance Group contributed to that designation as they maintained exceptional vigilance during…

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Raytheon resumes work on U.S. Navy Air & Missile Defense Radar

Posted January 13, 2014 by

Raytheon has received a resume work order from the U.S. Navy to commence development of the new Air and Missile Defense Radar. The order followed the official Government Accountability Office update of its database to reflect the status of the AMDR contract award protest as withdrawn. On October 10, 2013, Raytheon was awarded a $385,742,176…

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Raytheon receives $156 million SM-3 contract

Posted January 13, 2014 by

The Missile Defense Agency awarded Raytheon an undefinitized contract action (UCA) valued at $156 million for the procurement of Standard Missile-3 Block IB guided missiles. The SM-3 missile is designed to destroy incoming short-, medium-, and intermediate-range ballistic missile threats by colliding with them in space, a concept sometimes described as “hitting a bullet with…

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