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    News Archive

    Commercial

    Lockheed Martin Second Quarter Profits, F-35 Production Increase

    Lockheed Martin is not seeing as much of an impact from government spending cuts as it predicted earlier this year, as the aerospace and defense manufacturer reported net earnings of $859 million…

    Military

    Li-Ion Battery in Production for F-35s

    Defense industry battery manufacturer Saft is working on a battery for in-flight emergency backup power for Lockheed Martin's F-35 fighter jet, after being awarded a $6.5 million contract by GE Aviation for…

    Commercial

    FAA to Require Boeing 787 Inspections

    FAA officials are working on a new airworthiness directive requiring Boeing 787 operators to perform mandatory inspections of the aircraft's Emergency Locator Transmitters (ELT).      The agency issued a statement over…

    Business & GA

    Icon's A5 to Feature Standard AoA System

    Icon Aircraft is looking to make flying its A5 amphibious aircraft safer, as the company released details Monday about an angle of attack (AoA) indicator that will be standard on new production…

    Commercial

    Honeywell Experienced Commercial Aerospace Growth in Second Quarter

    Honeywell reported its second quarter earnings last week, with a 1 percent decline in sales to $2.9 billion for its aerospace business.   In a statement, Honeywell attributed the overall aerospace sales decline to…

    Military

    BAE Systems Files Protest to NGJ Contract

    BAE Systems, who led a team that lost a bid to Raytheon for the Navy's Next Generation Jammer (NGJ) Technology Development contract earlier this month, has filed a formal protest with the Government Accountability Office (GAO) to…

    ATM Modernization

    Budget Cuts Would Further Delay NextGen

    NextGen, already mired by program delays and budget overruns, could be facing more financial and scheduling challenges ahead if a House budget proposal passes.   Calvin Scovel, the Transportation Department's inspector general…

    Commercial

    UK Officials Urge Airworthiness Action on Boeing 787 Emergency Locator System

    U.K. investigators are recommending deactivation of Honeywell's Emergency Locator Transmitter (ELT) system on all Boeing 787 aircraft, following a technical examination of a 787 that caught on fire last week at London's…

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