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US Military Ordering Low-Velocity Cargo Parachutes

US Military Ordering Low-Velocity Cargo Parachutes

Latest updates: Up to $228M in contracts, FY 2012-2015. Afghan drop(click to view full) Low-velocity parachutes are so named because they're used for cargo airdrops made below about 1,200 feet, with the cargo aircraft flying at low speed as parachute-rigged containers...

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Rapid Fire April 26, 2012: Prime Financials, Q1 2012

Rapid Fire April 26, 2012: Prime Financials, Q1 2012

* Q1 results are in for L-3 Communications, Lockheed Martin and Raytheon. They are all showing more topline resilience than Northrop Grumman. Quick summary table of their sales and backlog at the bottom of this entry. * Lockheed Martin's CEO Bob Stevens will retire...

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BAE’s Turret to Deploy in CV-22s, MV-22s

BAE’s Turret to Deploy in CV-22s, MV-22s

Latest updates: DOT&E test report; Contract for IDWS improvements. RGS for V-22(click to view full) In the past specific and detailed allegations were made concerning the V-22 Osprey's performance, testing flaws, and survivability issues in anything beyond low-threat...

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C-9s, Still: USN Support Contract 2012-2013

C-9s, Still: USN Support Contract 2012-2013

C-9B Skytrain II(click to view full) In April 2012, King Aerospace, Inc. in Addison, TX receives a not-to-exceed $11.1 million indefinite-delivery requirements contract to support 6 C-9B aircraft. This effort includes base site operations, depot planned maintenance...

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Rapid Fire April 24, 2012: Workforce Challenges

Rapid Fire April 24, 2012: Workforce Challenges

* The US Department of Justice announced that ATK Launch Systems Inc. agreed to a $37M settlement to resolve allegations that ATK sold dangerous and defective illumination flares to the Army and the Air Force. * Machinists from Lockheed Martin in Fort Worth, TX, voted...

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Rapid Fire April 23, 2012: FA-XX RFI

Rapid Fire April 23, 2012: FA-XX RFI

* The US Navy has published its request for information to get a replacement for FA-18E/F and EA-18G Growlers "in the 2030 timeframe", following a mention of the tentative aircraft in the latest 30-year aviation funding plan. This is a Pre-Material Development...

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Rapid Fire April 20, 2012: Manufacturing Breakthroughs

Rapid Fire April 20, 2012: Manufacturing Breakthroughs

* The US is considering extending joint operations with its allies to military space and cyberspace. * The Economist is giddy about the convergence of new materials, online collaboration, 3D printing and more effective robots leading to another manufacturing...

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