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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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General Dynamics awarded $70 million for planning yard services for DDG 51, FFG 7 ships

Posted December 7, 2012 by

The U. S. Navy has awarded General Dynamics Bath Iron Works, a subsidiary of General Dynamics, a $70.5 million contract to provide ongoing planning yard services for the DDG 51 Arleigh Burke -class guided missile destroyer and the FFG 7 Oliver Hazard Perry -class frigate programs. This option modifies a contract initially awarded in June…

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Boeing delivers first P-8I Maritime Patrol Aircraft

Posted December 21, 2012 by

Boeing photograph Boeing Dec. 19 made an on-site delivery of the first P-8I aircraft to the Indian Navy in Seattle, in accordance with the contract. India will receive this aircraft and two more of its eight contracted P-8Is in 2013. The program is progressing on schedule as Boeing assembles the fourth and fifth P-8Is, which…

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Boeing grows composite manufacturing capability in Utah

Posted January 11, 2013 by

Boeing announced Jan. 11 the purchase of a new building in Salt Lake County, Utah. Employees at the new site, located in West Jordan, will focus on fabrication of composite horizontal stabilizer components for the 787-9. “The site we’ve chosen is an ideal location to add composite manufacturing capability focused on Boeing’s key business strategies,”…

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U.S. Army awards $12 million contract for AeroVironment Wasp AE small UAS on behalf of U.S. Marine Corps

Posted January 23, 2013 by

AeroVironment, Inc. announced Jan. 23 that NAVAIR’s Program Office for Navy & Marine Corps Small Tactical Unmanned Aircraft Systems, working collaboratively with the U.S. Army’s Counter-IED Program Office, awarded a contract Sept. 21, 2012, for AeroVironment Wasp® AE small unmanned aircraft systems, initial spares packages, training services and one year of contractor logistics support. The…

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