Business & GAGE Completes US Fleet Services Transfer to Element Financial [Avionics Today 09-01-2015] GE has completed the sale of its U.S. fleet services business to Element Financial Corporation in a transaction valued at approximately $5 billion. Also, GE’s sale of its Mexican,…
Embedded AvionicsCree Wins US Air Force Semiconductor Contract for F-35 A-Variant (CTOL) LRIP F-35 aircraft. Photo: JSF [Avionics Today 09-01-2015] The U.S. Air Force has awarded a follow-on contract of $4.1 million to Cree, a wide-bandgap semiconductor electronics company. The new funding…
CommercialBoston Engineering to Advance US Air Force UAV Motor Control Capabilities A US Air Force "Reaper" drone takes off at Creech Air Force base in June 2014. Photo: US Air Force/Senior Master Sgt. Cecilio Ricardo [Avionics Today 08-31-2015] Boston Engineering has won a…
Embedded AvionicsUS Air Force Awards Northrop Grumman Position on Training Systems Contract [Avionics Today 08-31-2015] The U.S. Air Force has awarded Northrop Grumman Corporation a position on the Training Systems Acquisition III (TSA III) indefinite delivery/indefinite quantity contract to support warfighter training systems at…
Embedded AvionicsBoeing to Build Poseidon P-8As for Australia, US Navy Boeing P-8A Poseidon aircraft. Photo: Boeing [Avionics Today 08-31-2015] Boeing will provide the first P-8A Poseidon maritime surveillance aircraft for Australia and additional P-8As for the U.S. Navy following a $1.49 billion…
Business & GAFAA Certifies Embraer’s Legacy 450 Embraer’s Legacy 450 business jet received FAA certification. Photo: Embraer [Avionics Today 08-31-2015] Embraer Executive Jets’ new Legacy 450 business jet has received type certification from the FAA. The approval comes a…
ATM ModernizationFive Big Aviation Technology Acquisitions You Might Have Missed 2015 has been a huge year in terms of acquisitions, consolidations and mergers across various segments of the global aviation industry. Several of these acquisitions will have a major impact on the…
Embedded AvionicsLockheed Martin Wins Contract to Modify F-35A CTOL Air System The F-35A Lightning II. Photo: Lockheed Martin [Avionics Today 08-28-2015] The Naval Air Systems Command is awarding Lockheed Martin an $89 million modification to a previously awarded cost-plus-incentive-fee contract for the F-35A.…