LM-C5
0
comments
Business

Sweet Sixteen

Posted December 28, 2013 by Damien Guarnieri

Lockheed Martin delivered its 16th C-5M Super Galaxy to the U.S. Air Force from its facilities in Marietta, Ga., Dec. 23. U.S. Air Force aircrews ferried aircraft tail number 87-0036 to Dover Air Force Base, Del. It is the fourth C-5M delivery in 32 days and the sixth for 2013. The C-5M Super Galaxy has…

Full Story »

0
comments
Business

General Dynamics awarded $122 million for Virginia-class submarine procurement

Posted December 28, 2013 by

The U.S. Navy has awarded General Dynamics Electric Boat a $121.8 million contract modification to buy long lead-time material for three Virginia-class submarines, SSN-793, SSN-794 and SSN-795. Electric Boat is a wholly owned subsidiary of General Dynamics. The contract provides funding for steam and electrical-plant components, main propulsion unit and ship-service turbine generator sets, as…

Full Story »

0
comments
Business

Northrop Grumman expands industry support for Japan E-2C Hawkeye program

Posted December 28, 2013 by

Northrop Grumman has entered into an exclusive, five-year agreement with AAR Corporation of Illinois and Sumitomo Corporation of Japan, expanding industrial support for the Japan E-2C Hawkeye program by establishing a “just-in-time” inventory management process. “Japan is our largest international Hawkeye operator,” said Bart LaGrone, vice president, E-2/C-2 programs, Northrop Grumman Aerospace Systems. “The Japan…

Full Story »

0
comments
Business

Boeing, Cathay Pacific Airways announce order for additional wide-body airplanes

Posted December 28, 2013 by

Boeing and Cathay Pacific Airways announced that Cathay Pacific has ordered an additional 747-8 Freighter and three 777-300ER (Extended Range) airplanes. The order, valued at about $1 billion at current list prices, will bolster Cathay Pacific’s 747-8 Freighter fleet and 777-300ER fleet to 14 and 53, respectively. “We are very pleased to confirm this latest aircraft…

Full Story »

0
comments
Business

Raytheon awarded $80.5 million from U.S. Navy for Joint Standoff Weapon

Posted December 28, 2013 by

Raytheon has received an $80.5 million modification to a previously awarded firm-fixed-price contract for the procurement of 200 full rate production Lot 10 AGM-154C-1 Joint Standoff Weapons. The contract also includes associated support equipment and one performance characterization test. JSOW provides growth and threat adaptation opportunities for current and future customers, and interoperates with several…

Full Story »

0
comments
Business

Lockheed Martin team moves forward in ‘elite eight’ following DARPA robotics challenge trials

Posted December 28, 2013 by

Lockheed Martin Advanced Technology Laboratories recently completed the Defense Advanced Research Projects Agency Robotics Challenge trials at the Homestead-Miami Speedway in Florida. The Lockheed Martin-led team, which includes the University of Pennsylvania and Rensselaer Polytechnic Institute, guided an Atlas humanoid robot through a number of tasks designed to simulate disaster response scenarios. Lockheed Martin is…

Full Story »

0
comments
Business

Beechcraft to be bought by Cessna parent company

Posted December 28, 2013 by AP

Cessna Aircraft parent company Textron Inc. said Dec. 26 it will buy Beechcraft Corp. for approximately $1.4 billion, a deal that would combine two mainstays of Wichita’s general aviation industry. The announcement by Providence, R.I.,-based Textron caps a year that saw Beechcraft emerge from bankruptcy largely freed from debt and its unprofitable Hawker business jet…

Full Story »

0
comments
Business

Raytheon names Rebecca Rhoads president of Global Business Services

Posted December 28, 2013 by

Raytheon announced Dec. 20 that Rebecca R. Rhoads has been named president of the company’s Global Business Services group, effective immediately. Rhoads, a vice president of Raytheon Company, will remain the company’s chief information officer. The GBS group was established in January 2013 to expand common business operations across the company’s enterprise service delivery areas,…

Full Story »

LM-Japan-F2
0
comments
Business

Lockheed Martin supports Japanese F-2 restoration program

Posted December 24, 2013 by

In cooperation with Mitsubishi Heavy Industries, Lockheed Martin has delivered the first F-2 aft and leading edge flaps as part of a restoration plan to replenish Japan’s F-2 fleet.

Full Story »

0
comments
Business

Air Force recruits in Texas to get more training

Posted December 24, 2013 by AP

Air Force recruits at Joint Base San Antonio-Lackland, Texas, would get more training on life skills ranging from managing money to protecting themselves against sexual assault in a program expected to begin in 2014. Recruits will spend up to a week after graduating from basic training to take an expanded skills course, the San Antonio…

Full Story »


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