Featured Headlines

UTC Aerospace Systems photograph Business

Air Force selects UTC Aerospace Systems DB-110 for multi-nation foreign military sales acquisition

UTC Aerospace Systems, a unit of United Technologies Corp., announced Feb. 21 that it has been awarded an indefinite-delivery/indefinite-quantity contract with an initial ceiling of $22.9 million from the U.S. Air Force for the DB-110 Airborne Reconnaissance System.

nasa-xhab Space & Technology

NASA wants ideas from university teams for future human space missions

Teams at U.S. colleges and universities have an opportunity to potentially help NASA with innovative design ideas to meet the challenges of space exploration.

Lockheed Martin photograph Space

Lockheed Martin completes assembly on Arabsat’s newest communications satellite

A new, high-capacity communications satellite that will deliver TV, internet and mobile phone services to the Middle East, Africa and Europe is one step closer to launch.

sikorsky-assembly Business

First Sikorsky combat rescue helicopter enters final assembly

Sikorsky, a Lockheed Martin company, is beginning final assembly of the first HH-60W Combat Rescue Helicopter, which will bring unprecedented capability enhancements to the U.S. Air Force rescue mission.

army-modernization Defense

Vice chief testifies how Army is addressing threats through modernization, other capabilities

The last time a Soldier was killed by enemy aircraft on the battlefield was in 1953, during the Korean War, said Vice Chief of Staff of the Army Gen. James C. McConville.


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Business

High product, labor costs lead to decline in Boeing’s profit

Posted  April 29, 2016

Aerospace giant Boeing saw its quarterly earnings plunge 9 percent compared to last year, with the Chicago-based company posting $1.2 billion in profits. Revenues were up 2 percent to $22.6 billion but that was not enough to offset higher costs for Boeing’s products and labor. Boeing is currently in the process of reducing its 160,000-person…

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headlineAF-GPS
Defense

Air Force awards GPS III launch services contract

Posted  April 29, 2016

The Air Force announced April 27 the award of the first competitively sourced National Security Space launch services contract in more than a decade.

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boeing-china-787
Business

Boeing, China Eastern Airlines finalize order for 15 787-9 Dreamliners

Posted  April 29, 2016

Boeing [NYSE: BA] and China Eastern Airlines April 28 finalized an order for 15 787-9 Dreamliners. The order, valued at nearly $4 billion at current list prices, strengthens China Eastern’s expanding long-haul fleet. “We are very happy to introduce the new 787 Dreamliners into our long-haul fleet,” said China Eastern Airlines Chairman Liu Shaoyong. “The…

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DoD

Carter: DOD’s fiscal 2017 budget request takes long view

Posted  April 29, 2016

The fiscal year 2017 Defense Department budget request must, of necessity, take the long view, Defense Secretary Ash Carter told the Senate Appropriations defense subcommittee April 27. The secretary said the long view is needed, “because, even as we fight today’s fights, we must also be prepared for what might come 10, 20, or 30…

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News

Headlines – April 29, 2016

Posted  April 29, 2016

News Marines’ deadly fighter jet to make its first ship-based deployment next year – The Marine Corps’ version of the joint strike fighter’s maiden deployment is set for late 2017 and its bound for the Western Pacific, the Navy’s top officer in the Pacific said Tuesday.     Business It’s official: Finmeccanica is now Leonardo…

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