by Editorial Staff | Jan 25, 2013 | Budgets, Contracts - Awards, Corporate Financials, Daily Rapid Fire, Leadership & People, Raytheon, USA
* Adm. Jonathan Greenert, The US Navy’s Chief of Naval Operations, is freezing civilian hiring – like the Air Force earlier announced – and cancelling a lot of maintenance work that was scheduled between April and September (i.e. the end of the...
by Editorial Staff | Jan 24, 2013 | Contracts - Awards, Corporate Financials, Daily Rapid Fire, General Dynamics, GPS Infrastructure, India, Launch Vehicles, Lockheed Martin, Satellites & Sensors, United Technologies, USA
* In 2012 Lockheed Martin increased its yearly sales by 1.5% to $47.2B. Growth in aeronautics compensated lost ground in information system, confirming a pattern seen for the last two years and across contractors. Total backlog reached a record $82.3B (+$1.6B from a...
by Editorial Staff | Jan 23, 2013 | Boeing, Budgets, Contracts - Awards, Corporate Financials, Daily Rapid Fire, France, Mergers & Acquisitions, Singapore, Textron, USA
* Rolls Royce intends to cut or relocate 378 defense-related jobs at its plant in Ansty, UK, or almost half its staff. This follows the confirmation by the Ministry of Defence of a third tranche of redundancies affection 5,300 Army soldiers. * The SPEEA trade union...
by Joe Katzman | Jan 22, 2013 | Avionics, Brazil, C4ISR, Contracts - Awards, ECM, Electronics - General, Other Corporation, Radars, Signals Radio & Wireless, Specialty Aircraft
Amazon AEW&C(click to view full) Embraer’s ability to design and deliver EMB 145 AEW&C aerial surveillance jets to Brazil’s FAB and foreign customers places Brazil within an elite group of countries. The FAB’s 5 “E-99” jets play...
by Joe Katzman | Jan 22, 2013 | Contracts - Awards, Design Innovations, Laser & EM Weapons, Lockheed Martin, New Systems Tech, R&D - Contracted, Testing & Evaluation, USA
747 ABL(click to view full) In January 2013, Lockheed Martin in Sunnyvale, CA received a $9.5 million to cost-plus-fixed-fee contract modification under the Aero-Adaptive/Aero-Optic Beam Control (ABC) Program. To explain that term in plain English, turbulence and...
