0
comments
Business

Northrop Grumman’s Joint STARS completes flight testing of JT-8D engines

Posted May 22, 2012 by

Northrop Grumman’s E-8C Joint Surveillance Target Attack Radar System (Joint STARS) testbed aircraft, equipped with a new JT-8D propulsion system, has successfully completed flight testing and moved one step closer to receiving its Military Airworthiness Certification. The completion of the flight testing program signifies a major milestone in the Joint STARS Re-engining program and is…

Full Story »

0
comments
Business

Has ASW market lost its Cold War glamour on Wall Street?

Posted June 4, 2012 by

According to Richard Sterk, Senior Analyst at Forecast International, hunting submarines “hasn’t been sexy since the end of the Cold War.” Sterk sees an irony in this perception because, as he states, “tracking non-nuclear-propelled submarines in coastal waters is many times more challenging than stalking a big, lumbering Soviet boomer.” Forecast International’s “The Market for…

Full Story »

0
comments
Business

Boeing closure could mean available talent

Posted June 12, 2012 by by Roxana Hegeman

Boeing’s decision to close its defense plant in Wichita, Kansas, likely will help Airbus’ operations in part because of the opportunity to hire former Boeing employees, a top Airbus said June 11. Airbus Americas chairman Allan McArtor spoke during a celebration of the 10th anniversary of Airbus’ engineering center in Wichita. The Airbus center had…

Full Story »

LM-centennial1-featured
0
comments
Business

Lockheed Martin commemorates centennial, addresses future, sequestration

Posted June 21, 2012 by

Lockheed Martin’s Chairman and Chief Executive Officer Bob Stevens, President and Chief Operating Officer Chris Kubasik and other senior leaders commemorated the corporation’s…

Full Story »

0
comments
Business

Northrop Grumman’s Modular Space Vehicle completes CDR process, moves program to manufacturing phase

Posted June 28, 2012 by

REDONDO BEACH, Calif. – Northrop Grumman has just finished conducting a two-day Spacecraft Baseline Interim Design Review, successfully completing the Spacecraft Bus Critical Design Review process for the Modular Space Vehicle program. This review moves work on this next-generation spacecraft design to the fabrication stage. The company’s spacecraft design for the MSV program is the…

Full Story »

0
comments
Business

Airbus, Boeing airplane production rates straining supply chain

Posted July 9, 2012 by

Airbus and Boeing are gearing up to roll out large commercial jetliners in ever-increasing quantities over the next 10 years, according to a new report from Forecast International, but will component suppliers be able to keep up with demand? Forecast International’s newly released “The Market for Large Commercial Jet Transports” projects that 14,655 large commercial…

Full Story »

Northrop Grumman photograph by Stephen Potter
0
comments
Business

Northrop Grumman, U.S. Navy establish Fire Scout training center in Florida

Posted July 10, 2012 by

Northrop Grumman has established a new training facility for Fire Scout unmanned helicopter operators that offers improved flight simulators...

Full Story »

0
comments
Business

Tactical Air Defense Services receives first revenue from Super Tucano aircraft

Posted July 11, 2012 by

Tactical Air Defense Services, Inc. has received its first revenue from the Embraer 314 Super Tucano aircraft in which it has an interest through a Services Agreement with Tactical Air Support, Inc. Tactical Air Defense Services is an Aerospace/Defense Services contractor that offers tactical aviation services, aircraft maintenance, and other Aerospace/Defense services to the United…

Full Story »

0
comments
Business

Lockheed Martin receives $68.9 million contract for PAC-3 MSE production

Posted July 19, 2012 by

Lockheed Martin has received a $68.9 million contract to prepare the Patriot Advanced Capability-3 Missile production line for the introduction of the Missile Segment Enhancement version of the combat-proven PAC-3 Missile. The facilitization contract provides funding for PAC-3 MSE-specific tooling and test equipment at the company’s Camden, Ark., facility, as well as other sites and…

Full Story »

0
comments
Business

General Dynamics second quarter profit falls, cuts guidance

Posted July 25, 2012 by

General Dynamics said July 24 its second-quarter net income fell 3 percent, and the defense contractor cut its 2012 profit prediction due to contract delays in its IT business. The entire defense industry is under a cloud because of the potential for big military spending cuts in January. The cuts, which will be automatic unless…

Full Story »


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