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Aerospace-Defense News



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Honeywell International Inc. (HON) Shares Bought by Quest Investment Management Inc. OR

Fri, 24 Mar 2017 15:12:24 GMT

Quest Investment Management Inc. OR raised its stake in Honeywell International Inc. by 8.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 139,238 shares of the company's stock after buying an additional 10,331 shares during the period.




BitSim's Ip, Bit-Mipi Csi-2 used in Flir's new generation ...

Fri, 24 Mar 2017 10:42:37 GMT

March 24, 2017 - Flir Systems is using BitSim's FPGA-IP, Bit-MIPI CSI-2 in their newly launched advanced thermal cameras. The MIPI Alliance , the non-profit corporation that brings the mobile industry together, has standardized the interface between the camera/image sensor and the receiving electronics for further image processing, through a high-speed serial interface, the MIPI CSI-2.




How a border tax could divide Boeing and its suppliers

Fri, 24 Mar 2017 06:35:44 GMT

A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisions between big manufacturers like Boeing Co and the thousands of smaller companies that supply them, according to suppliers and tax and trade experts. U.S. automakers and other manufacturers that rely on imported components also would be affected by the proposals, which would tax imports at a 20 percent rate, and could split these sectors into winners and losers.




More than 700 job seekers flood Civic Center

Fri, 24 Mar 2017 02:22:31 GMT

Aaron Martin, left, shakes hands with Tom Marshall of Tyson Foods after getting information about positions available at Tyson.




How Lockheed Martin's legendary Skunkworks is beating...

Thu, 23 Mar 2017 21:44:34 GMT

The US Navy's 10 Nimitz-class aircraft carriers have long been the envy of the world with unrivaled ability to project power on any shore anywhere on the globe - but they're in danger. US adversaries - China specifically - have purpose-built very long range missiles known as " carrier killers " which outrange the carriers by a healthy 300 or so miles.




SSL sues rival Orbital ATK over theft of trade secrets: lawsuit

Thu, 23 Mar 2017 17:05:58 GMT

Space Systems/Loral is suing rival Orbital ATK over an alleged theft of proprietary data and business plans for an in-space satellite servicing technology, according to a complaint filed on Thursday. The lawsuit is the second in six weeks involving the companies and their efforts to start a new industry servicing and repairing satellites in orbit.




United Technologies Devotes $300 Million to New Brooklyn Hub

Thu, 23 Mar 2017 14:48:37 GMT

United Technologies will spend $300 million and hire 250 software engineers for a new workspace in Brooklyn's DUMBO neighborhood near the Brooklyn Bridge.




Lockheed Completes Devt Work on Army Fiber Laser System

Thu, 23 Mar 2017 10:21:10 GMT

The weapon is known as a "fibre laser", meaning it brings together individual laser beams generated through fibre optics to create "a single, intense laser beam". The US Air Force is exploring the possibility of equipping fighter jets with fiber lasers through its Self-protected High-Energy Laser Demonstration program, and in October 2016 Afzal stated that Lockheed was doing the same with the F-35 Joint Strike fighter jet.




General Electric opens oil & gas training facility in Ghana

Thu, 23 Mar 2017 05:56:45 GMT

GE Oil & Gas opened a new facility in Takoradi Port, Ghana on Wednesday, expanding its global footprint and supporting local investment. The company committed to deliver more than 45,000 training hours for Ghanaian personnel over the next five years, as it seeks to build a world-class team locally.




Town to vote on senior center, other projects

Thu, 23 Mar 2017 01:29:24 GMT

Taxpayers would be asked to approve $3 million for a new senior center, along with five other spending propositions, during April's annual budget referendum under a plan approved this week by the Board of Selectmen . The six propositions, totaling $7.7 million, need to be approved by the town's Legislative Council and its Board of Finance before they can be placed on the April 25 budget ballot.




Lockheed Martin will move production of F-16 fighter jets to Greenville

Wed, 22 Mar 2017 20:50:44 GMT

Lockheed has had a presence in Greenville for more than three decades and has a manufacturing facility near Donaldson Center. Officials for the aerospace company said the last F-16 to be produced in Ft.




GE links bonuses to cost-cutting targets after talks with Trian

Wed, 22 Mar 2017 16:17:50 GMT

General Electric Co said it expected to cut costs and boost operating profit in its industrial unit and linked the bonuses of its senior management to meeting these goals, as it bows to pressure from Nelson Peltz's Trian Fund Management. The logo of Down Jones Industrial Average stock market index listed company General Electric is shown at their subsidiary company GE Aviation in Santa Ana, California April 13, 2016.




Elbit Systems wins ~$100M contract from Israel Ministry of Defense

Wed, 22 Mar 2017 11:40:40 GMT

Elbit Systems was awarded an approximately $100M contract by the Israeli Ministry of Defense for the supply of advanced radio systems over the course of five years. Bezhalel Machlis, President and CEO of Elbit Systems, noted: "We are very proud of this award, reinforcing our strategic partnership with the city of Arad on the one hand and with the IDF on the other.




General Dynamics Co. (GD) Upgraded to Hold at Vetr Inc.

Wed, 22 Mar 2017 07:31:05 GMT

The firm presently has a $183.78 price objective on the stock. Vetr 's price objective would indicate a potential downside of 2.60% from the company's current price.




Stock Analysts' Upgrades for March, 21st (AJRD, ALB, BAESY,...

Wed, 22 Mar 2017 03:10:35 GMT

According to Zacks, "Aerojet Rocketdyne Holdings, Inc. focuses on developing military, civil and commercial systems and components for the aerospace and defense industry markets. Aerojet Rocketdyne Holdings, Inc., formerly known as GenCorp, Inc., is headquartered in Sacramento, California.




Lockheed Plans $5 Billion in F-35 Savings After Trump Focus

Tue, 21 Mar 2017 22:23:37 GMT

Lockheed Martin Corp. is working with suppliers to squeeze $5 billion from the F-35 fighter jet's costs as the company negotiates the Pentagon's biggest order yet of a weapon that has been criticized by President Donald Trump. "President Trump and his administration have made clear they are focused on being smart buyers," Lockheed Chief Executive Officer Marillyn Hewson told reporters at a briefing Tuesday in Arlington, Virginia.




Colin R. Mahoney Sells 14,020 Shares of Rockwell Collins, Inc. (COL) Stock

Tue, 21 Mar 2017 22:23:36 GMT

Rockwell Collins, Inc. VP Colin R. Mahoney sold 14,020 shares of the firm's stock in a transaction dated Monday, March 20th. The stock was sold at an average price of $98.93, for a total transaction of $1,386,998.60.