The Defense Advanced Research Projects Agency (DARPA) and the U.S. Air Force have completed the fourth and final flight test for the Hypersonic Airbreathing Weapon Concept (HAWC) program. The flight test of the Aerojet Rocketdyne [AJRD] scramjet engine-equipped Lockheed Martin [LMT] missile, ...

L3Harris Technologies [LHX] recently delivered its Navigation Technology Satellite-3 (NTS-3) to the Air Force Research Laboratory (AFRL) space vehicles directorate’s integration and test building at Kirtland AFB, N.M., AFRL said on Jan. 27. AFRL had planned to launch the 1,100-pound NTS-3 in ...

L3Harris Technologies [LHX] last Thursday posted lower net income in its fourth quarter due to ongoing macroeconomic issues while sales grew on the strength of the tactical radio, space and classified programs. The “Macroeconomic environment remains dynamic,” Christopher Kubasik, chairman and ...

Textron [TXT] won the competition on Jan. 25 to produce new T-54A Multi-Engine Training System (METS) aircraft to replace the aging Beech Aircraft T-44C Pegasus training aircraft. The older fleet of 54 T-44Cs was built by Beech Aircraft, which is now a subsidiary of T-54A winner Textron. These ...

Northrop Grumman [NOC] on Thursday reported lower net income in the fourth due to lower pension benefits, although segment operations and sales were strong on contributions from across the company’s sectors. Net income fell 23 percent to $2.1 billion, $13.46 earnings per share (EPS), from $2.7 ...

Australia/Black Hawks. Australia on Jan. 18 officially announced it will buy 40 UH-60M Black Hawk helicopters, with the deal estimated around $2 billion. Deliveries for the Sikorsky-built helicopters to the Australian Army are expected to begin this year. “The Black Hawk capability will be a ...