New York (AirGuideBusiness - Aerospace & Defense News - Defense North America) Jul 10, 2011
Boeing Air Force to launch another GPS satellite. The Air Force will launch the second Boeing GPS IIF satellite via two solid-rocket motor strap-on boosters on July 14. The satellite will travel 11,000 miles before entering a circular orbit, said Jim Sponnick, vice president of mission operations at United Launch Alliance. Jul 8, 2011
Cirrus Aircraft U.S. Air Force Academy Selects Cirrus SR20 for Airmanship Training Program. Cirrus Aircraft today confirmed that its SR20 aircraft has been selected as the aircraft of choice for the U.S. Air Force Academy's Powered Flight Program and that fulfilling the new fleet order is already underway. EThe Air Force Academy will receive 25 SR20 aircraft [ETH] designated as T-53A trainers in the customized configuration [ETH] starting this summer and continuing through 2012. Each aircraft delivered to the Air Force Academy will be equipped with the Cirrus Airframe Parachute System* (CAPS), airbag seatbelts, integrated fuselage roll cage, cuffed wing design, Cirrus Perspective by Garmin* avionics and more active and passive safety systems and features that are standard equipment on all Cirrus aircraft. The value of the purchase is approximately $6.1 million and the new fleet of T-53A trainers will be based at the Academy's Airfield (AFF) in Colorado Springs, Colo. Jul 5, 2011
General Dynamics General Dynamics to sell $1.5 billion in bonds. General Dynamics Corp. announced an offering of $1.5 billion in notes on Tuesday. The deal is divided into three parts: $500 million in 3.5-year notes, another third in five-year notes and the remaining third in 10-year notes. The company plans to use the proceeds in part to pay off principal on the company's outstanding bonds. Jul 6, 2011
Lockheed Martin UAE is considering deal with Lockheed Martin instead of France. The United Arab Emirates is considering buying F-16s from Lockheed Martin, instead of the Rafale combat jets it was going to purchase from France. "The UAE is finding the Rafale offer to be too costly compared to the capabilities of aircraft and other technologies on the market," a source said. "The negotiations with France are still ongoing and both sides are looking for a compromise." Jul 7, 2011
Lockheed Martin Defense contractors are looking to enter "smart" microgrid market. High-tech defense contractors Lockheed Martin and Boeing are targeting the "smart" microgrid market. The microgrids can combine renewable energy with a conventional electricity...