featured_aerojet-hotfire
0
comments
Business

Aerojet’s LEO-7 second stage rocket motor completes successful hot-fire test

Posted August 24, 2012 by

Aerojet announced Aug. 23 that its Low Earth Orbit (LEO)-7 second stage rocket motor successfully completed a hot-fire test at the Air Force Research Laboratory at Edwards Air Force Base, Calif......

Full Story »

0
comments
Business

AeroVironment receives $16.5 million of funding from U.S. Army for RQ-11B Raven

Posted September 6, 2012 by

AeroVironment, Inc. has received $16,472,298 in additional funding to perform on Aug. 10, 2012, from the United States Army under a contract action with a total projected value of $65,889,191. The company announced the initial $15.8 million funding of that contract action on June 1, 2012. The overall contract action includes RQ-11B Raven systems, new…

Full Story »

LM-c130
0
comments
Business

23 Of 28 Super Hercules For Dyess AFB

Posted September 17, 2012 by

Lockheed Martin photograph by John Rossino Another C-130J Super Hercules was delivered to Dyess Air Force Base, Texas, from the Lockheed Martin facility in Marietta, Ga., Sept. 13. Flying the aircraft to Dyess was Brig. Gen. Lee K. Levy II, Director of Logistics, Headquarters Air Mobility Command, Scott Air Force Base, Ill.

Full Story »

0
comments
Business

Army awards Lockheed Martin $111 million Apache M-TADS/PNVS performance based logistics contract

Posted September 25, 2012 by

Lockheed Martin has received a $111 million Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) Performance Based Logistics contract from the U.S. Army. The PBL contract is a firm-fixed price, comprehensive sustainment solution that enables mission readiness, reduces Operations and Support costs and drives reliability and maintainability improvements. The contract consists of a one-year…

Full Story »

0
comments
Business

Honeywell’s latest Spectra Shield Ballistic Material toughens, lightens British combat vehicle

Posted October 9, 2012 by

Honeywell announced Oct. 8 that its second-generation Spectra ShieldÆ ballistic material is being used to armor Foxhound vehicles, manufactured by General Dynamics Land Systems Force Protection Europe, for the British Armed Forces. The vehicles are currently being shipped for use in Afghanistan. The Spectra Shield materials are more than 50 percent lighter than traditional vehicle…

Full Story »

0
comments
Business

ATK awarded contract to deliver 30mm tactical, training ammo to the U.S. Air Force

Posted October 19, 2012 by

ATK announced Oct. 17 that the U.S. Air Force awarded the company a $32 million contract to produce 30mm tactical and training ammunition. The ammunition is used by the U.S. Air Force’s A-10 Thunderbolt cannon. “We are pleased that the Air Force has selected us to arm their A-10 crews,” said Bruce DeWitt, Vice President…

Full Story »

0
comments
Business

Northrop Grumman third quarter net income falls 12 percent

Posted October 24, 2012 by

Defense contractor Northrop Grumman said Oct. 24 its third-quarter net income fell 12 percent, pulled down by a $66 million drop in net pension income, along with lower revenue. But the company’s profit beat Wall Street predictions and it boosted its full-year profit outlook. The Falls Church, Va.,-based company earned $459 million, or $1.82 per…

Full Story »

0
comments
Business

ATK awarded FMU-143 bomb fuze testing, production contract

Posted October 24, 2012 by

ATK has been awarded an indefinite delivery/indefinite quantity contract with an $84 million ceiling for First Article Testing and production of the FMU-143 Bomb Fuze for the U.S. Air Force and Navy. Initial orders under the contract are valued at $52 million. The U.S. Army’s Contracting Center at Rock Island, Ill., issued ATK the award…

Full Story »

0
comments
Business

Boeing opens first System Integration Lab for KC-46 tanker program

Posted November 2, 2012 by

Boeing has opened the first KC-46 Tanker System Integration Laboratory to support testing and reduce risk in the development of the U.S. Air Force’s next-generation aerial refueling tanker. “Opening this lab says a lot about Boeing’s commitment to executing on this contract,” said Maj. Gen. John Thompson, Air Force Tanker Program Executive Officer and KC-46…

Full Story »

0
comments
Business

Lockheed Martin board elects Marillyn Hewson CEO, president, board member

Posted November 14, 2012 by

Lockheed Martin announced Nov. 9 that its board of directors asked for and received the resignation of Christopher E. Kubasik, 51, from his role as vice chairman, president and chief operating officer, effective immediately. The board also elected Marillyn A. Hewson, 58, president and COO, and a director effective immediately, and chief executive officer and…

Full Story »


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