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UncategorizedUTC Stumbles In Second Quarter, Lowers Guidance For 2015
Fresh off announcing a $9 billion sale of its Sikorsky Aircraft division, United Technologies Corp. [UTX] on July 21 posted lower sales and earnings in its second quarter and the […]
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UncategorizedLower Tax Rate, Pension Tailwind Drive Profit Increase At Lockheed Martin
Lockheed Martin [LMT] on July 20 posted higher sales and net income in its second quarter with the bottom line gains driven by a lower tax rate and favorable pension […]
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UncategorizedLockheed Martin To Acquire Sikorsky, Divest Government IT And Technical Services Work
As expected, Lockheed Martin [LMT] on July 20 said it has agreed to acquire the Sikorsky Aircraft business from United Technologies Corp. [UTX] for $9 billion, adding a helicopter design […]
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UncategorizedAirbus Delivered Final NH90 Helicopter To Finland
Airbus and Patria delivered the last of 20 NH90 helicopters to Finland during a ceremony at the local assembly facility, the company said July 9. “These helicopters are used for […]
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UncategorizedBell-Boeing Makes First International Sale of V-22s to Japan
After years of pursuing foreign customers, Bell-Boeing has finally landed its first international contract for the V-22 Osprey. The alliance of Textron’s Bell Helicopter [TXT] and Boeing [BA] will sell […]
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UncategorizedArmy Guard Units Lack Funding To Retrain Apache Pilots To Fly Black Hawks
The Army National Guard not only is being forced to give up its AH-64 Apache attack helicopters, but it also does not enough funding to retrain reserve component Apache pilots […]
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Air ForceStovepiped, Proprietary F-35 Software May Adopt Open Architecture For Future Upgrades
BALTIMORE — The future airborne capability environment (FACE) consortium is working with the F-35 Lightning II program office in anticipation that future upgrades to the aircraft’s avionics software will be […]
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UncategorizedNASA Directs Orbital ATK To Resume Work On JPSS-2
NASA on July 17 lifted the April 8 stop work order issued to Orbital ATK [OA] for the agency’s Joint Polar Satellite System-2 (JPSS-2) program, according to a NASA spokeswoman. […]
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UncategorizedVulcan Aerospace Intends To Bid For Smaller, Post-2020 Military Launches
Vulcan Aerospace intends to compete for smaller Defense Department launches after 2020 using its Stratolaunch carrier aircraft and multi-stage booster, company president Chuck Beames said July 16. Beames said Vulcan […]
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UncategorizedGAO Denies Ball’s JPSS-2 Bid Protest
The Government Accountability Office (GAO) on July 16 denied Ball Aerospace’s [BLL] bid protest of NASA’s Joint Polar Satellite System-2 (JPSS-2) contract award to Orbital ATK [OA] in March. GAO […]