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Air Force awards Lockheed Martin $152 million Sniper ATP sustainment contract

Posted September 6, 2012 by

Lockheed Martin has received a $152 million contract from the U.S. Air Force for Sniper(r) Advanced Targeting Pod sustainment support over a five-year period, beginning in September 2012. The contract transitions legacy Sniper pod sustainment support from Wright Patterson Air Force Base, Ohio, to Warner Robins Air Force Base, Ga. Additional scope includes engineering support,…

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Northrop Grumman to Provide Shipboard Interrogator Sets for U.S. Navy

Posted September 17, 2012 by

WOODLAND HILLS, Calif., Sept. 17, 2012 (GLOBE NEWSWIRE) — The U.S. Naval Air Systems Command (NAVAIR) has awarded a firm-fixed-price contract to Northrop Grumman Corporation (NYSE:NOC) for the fabrication, testing and delivery of AN/UPX-24(V) interrogator sets. Under the nearly $11.5 million follow-on production contract, Northrop Grumman will provide five AN/UPX-24(V) identification friend or foe (IFF)…

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Boeing celebrates first anniversary of first 787 delivery

Posted September 25, 2012 by

Sept. 25 marks the one year anniversary of the first delivery of the first Boeing 787 Dreamliner to Japan’s ANA (All Nippon Airways). Since then, Boeing has delivered 25 Dreamliners to six different customers. “One year ago today we reached a significant milestone in Boeing and ANA’s partnership,” said Ray Conner, president and CEO of…

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United Kingdom threatens to veto BAE-EADS merger

Posted October 9, 2012 by

The French and German governments must reduce their stakes in defense company EADS NV for the United Kingdom to allow a proposed merger with BAE Systems PLC to go ahead, Britain’s defense secretary warned Oct. 7. Philip Hammond said Britain would veto the mega-merger of the aeronautics and defense companies if this requirement wasn’t satisfied….

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Raytheon awarded $45 million MK 54 torpedo contract

Posted October 18, 2012 by

Raytheon has been awarded a $45.3 million U.S. Navy contract to provide MK 54 lightweight torpedo hardware, test equipment, spares and related engineering and repair services for U.S. fleet inventory and in support of foreign military sales to the Royal Australian Navy and the Indian Navy. The award represents an exercised option of a current…

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Pension expense hurts Boeing third quarter net

Posted October 24, 2012 by Joshua Freed

Boeing said its net income this year will be bigger than it had expected as deliveries of commercial airplanes picks up. Higher pension expenses hurt Boeing’s third-quarter profit, but other measures for the big airplane maker and defense contractor were strong. Profits rose in both its commercial and defense units. And it reaffirmed plans to…

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Boeing, Russian Technologies seek to expand partnership

Posted October 31, 2012 by

Boeing and the State Corporation Russian Technologies, a majority shareholder in the joint stock company VSMPO-AVISMA Corp., are working on an agreement to expand collaboration in titanium procurement and technology development. Boeing and Rostech also are seeking to increase their cooperation in commercial aviation services. Ray Conner, Boeing Commercial Airplanes president and chief executive officer,…

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Boeing, Aeromexico finalize order for 737 MAX 8s and 9s

Posted November 7, 2012 by

Boeing and Aeromexico finalized an order for 60 737 MAX 8s and 9s, with reconfirmation rights for 30 additional 737 MAXs. The firm order by Mexico’s largest airline, which was first announced as a commitment in July, is valued at more than $6 billion at published list prices. Today’s order brings the total 737 MAX…

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Patriot performs flawlessly in Japan test firings

Posted November 16, 2012 by

The Japan Air Self-Defense Force continued its track record of successfully test firing Raytheon’s Patriot Air and Missile Defense System during its annual training exercise at McGregor Range, N.M. The exercise included target engagement and firings of Patriot in stressing tactical mission scenarios. “The results of this annual exercise speak to the operational readiness of…

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U.S. Air Force selects Raytheon to develop future Protected SATCOM System

Posted November 30, 2012 by

Raytheon has been was awarded a $8.7 million from the U.S. Air Force to participate in development of the future protected tactical military satellite communication system. The Air Force’s objective is to identify cost effective architectures and component development paths for the future SATCOM system that will follow the Advanced Extremely High Frequency system. Raytheon…

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