0
comments
Business

General Dynamics to acquire Earl Industries’ ship repair division

Posted June 29, 2012 by

General Dynamics has entered an agreement to acquire the Ship Repair and Coatings Division of Earl Industries, a leading East Coast ship repair company that supports the U.S. Navy fleet in Norfolk, Va., and Mayport, Fla. The value of the cash transaction, which General Dynamics expects to be accretive to earnings in 2013, has not…

Full Story »

0
comments
Business

Raytheon wins U.S. Army Air Soldier System contract

Posted July 9, 2012 by

Raytheon has won an award valued at $4.7 million from the U.S. Army for Engineering and Manufacturing Development of the Personal Electronics Computer and Display System in support of the Air Soldier System. The Air Soldier System is the next generation of the Air Warrior System, a U.S. Army rotary-wing air crew ensemble featuring wearable…

Full Story »

0
comments
Business

Raytheon awarded dismount detection radar for U.S. Air Force

Posted July 10, 2012 by

Raytheon has been awarded a contract to produce four radar pods with ground moving target indication and synthetic aperture radar technology for the U.S. Air Force. The radar will be mounted under the wings of MQ-9 Reaper aircraft. The dismount detection radar will deliver accurate information in adverse weather, day and night, for U.S. Air…

Full Story »

0
comments
Business

Boeing announces historic 737 order from United Airlines

Posted July 13, 2012 by

Boeing announced July 12 an order by United Continental Holdings, Inc. and its wholly owned subsidiary, United Air Lines, Inc., for 150 737 airplanes, including 100 of the new 737 MAX 9. United, the world’s largest airline by traffic, is the latest carrier to choose the newest member of the 737 family, which today eclipsed…

Full Story »

0
comments
Business

Goodrich opens expanded high tech manufacturing facility

Posted July 23, 2012 by

Goodrich Corporation Chairman, President and CEO Marshall Larsen joined Minnesota Gov. Mark Dayton, U.S. Senator Amy Klobuchar, City of Burnsville Mayor Elizabeth Kautz, and other officials at a ribbon-cutting ceremony July 20 to mark the opening of its expanded high tech manufacturing facility in Burnsville, Minn. The ceremony included a tour of advanced production, design…

Full Story »

0
comments
Business

United Technologies closes Goodrich acquisition

Posted July 27, 2012 by

United Technologies Corp. announced July 26 it has completed its acquisition of Goodrich Corporation, marking a major milestone for the company and strengthening its position in the commercial aerospace industry. Goodrich will be combined with Hamilton Sundstrand to create the new UTC Aerospace Systems business unit, headquartered in Charlotte, N.C. The increased scale, financial strength…

Full Story »

Boeing photograph
0
comments
Business

Boeing demonstrates capability of unmanned Little Bird rotorcraft

Posted August 7, 2012 by

The Boeing Unmanned Little Bird H-6U successfully performed 14 autonomous takeoffs and landings from a ship during flight tests in July, a significant milestone for a medium-size vertical-takeoff-and-landing...

Full Story »

0
comments
Business

Lockheed Martin receives $150 million contract to produce THAAD weapon system equipment for U.S. Army

Posted August 18, 2012 by staff

Lockheed Martin has been awarded a $150 million contract from the Missile Defense Agency to produce Terminal High Altitude Area Defense Weapon System launchers and fire control and communications equipment for the U.S. Army. The contract includes 12 launchers, two fire control and communications units, and associated support equipment. This contract will provide six launchers…

Full Story »

0
comments
Business

Boeing Winged Joint Direct Attack Munition completes first round of tests

Posted September 4, 2012 by

A winged version of the Boeing Joint Direct Attack Munition that will triple the weapon’s glide range to more than 40 miles is a step closer to production after completing wind tunnel tests at a U.S. facility in June. Developed in partnership with the Commonwealth of Australia, the 500-pound JDAM Extended Range features a modular…

Full Story »

Lockheed Martin photograph
0
comments
Business

F-35C aircraft in formation

Posted September 11, 2012 by

F-35 test pilots fly machines CF-1 and CF-2 during a formation flying qualities test Sept. 5.

Full Story »


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