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Airbus parent reports higher third quarter profit

Posted November 15, 2013 by Greg Keller

Airbus parent company EADS said strong demand for its commercial aircraft helped its third-quarter profits increase by a hefty 45 percent. But the European jet maker warned Nov. 13 that its free cash flow, a measure of cash generated by a business, would be negative 1.5 billion euros ($2 billion) this year because of its…

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Baker’s dozen!

Posted November 22, 2013 by Thinh Nguyen

Lockheed Martin delivered its 13th C-5M Super Galaxy to the U.S. Air Force from its facilities in Marietta, Ga., Nov. 21. Maj. Gen. Kenneth D. Merchant, director, Global Reach Programs, Office of the Assistant Secretary of the Air Force for Acquisition, Headquarters U.S. Air Force, Washington, D.C., officially delivered aircraft tail number 85-0004 to the…

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Raytheon Excalibur demonstrates unparalleled precision in live-fire testing from PzH2000 self-propelled howitzer

Posted December 11, 2013 by

The U.S. Army and Raytheon successfully fired 10 precision-guided Excalibur projectiles during the final phase of compatibility testing at Yuma Proving Ground, Ariz. This live-fire demonstration, funded by the U.S., Germany and supported by Raytheon-funded initial testing, marked the completion of a multi-phase assessment that verified Excalibur’s compatibility and performance with the PzH2000 self-propelled howitzer….

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Machinists to vote again on Boeing 777X offer

Posted December 24, 2013 by Phuong Le

National leaders of the Machinists union are scheduling a vote on a proposed contract between Boeing and Puget Sound machinists, despite objections from local union officials who have already rejected the company’s latest offer. The lead negotiator for the union’s national headquarters, Rich Michalski, told The Seattle Times in a phone interview that a vote…

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Raytheon resumes work on U.S. Navy Air & Missile Defense Radar

Posted January 13, 2014 by

Raytheon has received a resume work order from the U.S. Navy to commence development of the new Air and Missile Defense Radar. The order followed the official Government Accountability Office update of its database to reflect the status of the AMDR contract award protest as withdrawn. On October 10, 2013, Raytheon was awarded a $385,742,176…

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First manufacturing employees for Airbus Alabama assembly line start training in Germany

Posted January 24, 2014 by timchisham

The first group of employees who will support the production processes for Airbus U.S.-based A320 Family assembly line in Mobile, Ala., reported for their on-the-job-training in Hamburg earlier this month. Over the next months, the manufacturing engineers, station managers and a quality manager will work alongside their counterparts in Germany to become familiar with production…

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Lockheed Martin receives support contract for Saudi Apache pilotage, targeting systems

Posted February 12, 2014 by

Lockheed Martin has received a $22 million contract from the U.S. Army to provide Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) Special Repair Activities for the Royal Saudi Land Forces Aviation Command’s Apache attack helicopters. Under this three-year contract, Lockheed Martin will provide tools and test equipment to maintain components of the M-TADS/PNVS…

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Boeing receives $2.4 billion contract for 16 P-8A Poseidon aircraft

Posted February 26, 2014 by

Boeing’s P-8A Poseidon program will enter full production, following a $2.4 billion contract award from the U.S. Navy for 16 additional aircraft that will bolster maritime patrol capabilities. The order, which will take the total fleet to 53, marks a transition from preliminary low-rate production. Boeing has delivered 13 P-8As to the Navy, which deployed…

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Northrop Grumman G/ATOR system receives authorization to enter low-rate initial production phase

Posted March 10, 2014 by

On Jan. 24, the Assistant Secretary of the Navy for Research Development and Acquisition approved the AN/TPS-80 Ground/Air Task Oriented Radar program for Low Rate Initial Production at a Department of Defense acquisition event known as Milestone C. Northrop is the G/ATOR system prime contractor. “G/ATOR has demonstrated operational capabilities that will fundamentally change how…

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DRS Technologies to provide communications support to Royal Australian Navy Frigates

Posted March 26, 2014 by

DRS Technologies, a Finmeccanica Company, announced March 25 that its Canadian subsidiary will be providing communications systems in support of the Royal Australian Navy’s ANZAC-class frigates. The subcontract was awarded to DRS Technologies Canada Ltd. in support of a communications modernization contract by Selex ES. †DRS Technologies Canada Ltd. (TCL) is the primary subcontractor to…

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