MilitaryElbit Buys Innovative Concepts Elbit Systems of America, of Fort Worth, Texas, will pay $15 million in cash to acquire all the shares of Innovative Concepts, Inc., of McLean, Va., from Herley Industries, the company announced Tuesday. Innovative Concepts…
CommercialCAE Books $52.2 Million in FFS Orders CAE, Montreal, received has received $52.2 million in orders to design and manufacture five full-flight simulators (FFS) and associated training devices. The contracts are with American Airlines, Air New Zealand, Suzuyo, and…
CommercialRockwell Collins to Lay Off 300 Rockwell Collins outlined a cost-reduction plan Monday, which includes 300 layoffs, in a bid to "effectively manage the impact of the economic downturn," the company said. Cost-reduction measures include the reduction in…
MilitaryElbit Wins Embraer Contract Elbit Systems, Haifa, Israel, was awarded a contract by Embraer to supply avionics for the Brazilian AMX jet upgrade project for the Brazilian air force. The initial development and prototype phase of…
MilitaryLockheed Martin Tests Apache Sensor System Lockheed Martin last week announced it has flight tested a low-light-level sensor system for U.S. Army Arrowhead-equipped AH-64D Apache helicopters. The Visible/Near Infrared (V/NIR) sensor is integrated into the Modernized-Pilot Night Vision…
MilitaryNorthrop Grumman Awarded Army UAV Pact Northrop Grumman was awarded a $97 million contract from the U.S. Army to procure, modify and deliver 12 Hunter MQ-5B Unmanned Aerial Vehicles (UAV); six One-System Block II ground control stations; eight…
CommercialBoeing Delays 787 Again Boeing this week announced further delays to its 787 Dreamliner program, citing this fall’s eight-week machinist strike. “Given the duration of the IAM [International Association of Machinists and Aerospace Workers] work stoppage,…
CommercialANA in Pact with Rockwell Collins All Nippon Airways (ANA) will use Rockwell Collins' Dispatch Program for its fleet of Boeing 787s, under a contract announced Friday. The program is scheduled to begin upon delivery of the first…
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