Space Development Agency wants someone to launch its first 28 satellites

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  November 15, 2023 | International, Aerospace

  UAE, Korea Aerospace Industries enter talks for KUH-1E helicopter buy

  The United Arab Emirates is negotiating the purchase of South Korean helicopters, with the aim of signing a deal by year’s end.

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  June 13, 2018 | International, Aerospace

  LOCKHEED MARTIN SELECTS RAYTHEON TO DELIVER NEXT GENERATION F-35 SENSOR SYSTEM

  FORT WORTH, Texas, June 13, 2018 /PRNewswire/ -- Lockheed Martin [NYSE: LMT] selected Raytheon [NYSE: RTN] to develop and deliver the next generation Distributed Aperture System (DAS) for the F-35fighter jet. The result of a Lockheed Martin-led competition, the selection will enhance capability and reduce cost. The F-35's DAS collects and sends high resolution, real-time imagery to the pilot's helmet from six infrared cameras mounted around the aircraft, allowing pilots to see the environment around them – day or night. With the ability to detect and track threats from any angle, the F-35 DAS gives pilots unprecedented situational awareness of the battlespace. "The supply chain competition for the next generation F-35 Distributed Aperture System resulted in significant cost savings, reliability and performance improvements," said Greg Ulmer, Lockheed Martin vice president and general manager of the F-35 program. "We are aggressively pursuing cost reduction across the F-35 enterprise and this initiative is a clear demonstration of our unrelenting commitment to reduce costs and deliver transformational capabilities for the warfighter." Reduce Costs, Increased Performance The Raytheon-built DAS will be integrated into F-35 aircraft starting with Lot 15 aircraft, expected to begin deliveries in 2023. The next generation DAS system is estimated to generate the following results compared to the current system: More than $3 billion in life cycle cost savings Approximately 45 percent reduction in unit recurring cost Greater than 50 percent reduction in operations and sustainment cost 5 times more reliability 2 times performance capability improvement The new system will also indirectly benefit aircraft readiness and service manpower requirements "Raytheon's solution delivers next generation capability for the fifth generation F-35," said Roy Azevedo vice president of Intelligence, Surveillance and Reconnaissance Systems at Raytheon Space and Airborne Systems. "Our focus is on providing pilots every tactical advantage imaginable while ensuring taxpayers receive the best value possible." With stealth technology, advanced sensors, weapons capacity and range, the F-35 is the most lethal, survivable and connected fighter aircraft ever built. More than a fighter jet, the F-35's ability to collect, analyze and share data is a powerful force multiplier enhancing all airborne, surface and ground-based assets in the battlespace and enabling men and women in uniform to execute their mission and come home safe. For additional information, visit www.f35.com. About Lockheed Martin Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. About Raytheon Raytheon Company, with 2017 sales of $25 billion and 64,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 96 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I™ products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter. https://news.lockheedmartin.com/2018-06-13-Lockheed-Martin-Selects-Raytheon-to-Deliver-Next-Generation-F-35-Sensor-System

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  April 30, 2020 | International, Aerospace

  Boeing gets another $827M charge on the KC-46 program

  By: Valerie Insinna WASHINGTON — Boeing took a $827 million hit as cost overruns continue for the KC-46 tanker program, the company announced Wednesday. About $551 million of the pre-tax charge was caused by new expenses associated with designing and integrating a new Remote Vision System for the tanker as part of an April agreement with the Air Force. The remainder of the charge reflected “productivity inefficiencies and COVID-19 related factory disruption,” according to a news release. KC-46 production stopped for about three weeks over the past month due to a temporary shutdown at Boeing facilities in the Seattle area — including the factory in Everett, Wash., where the tanker is produced. With the new charge, Boeing has now racked up about $4.6 billion in cost overruns over the life of the KC-46 program. Those expenses must be completely paid by Boeing under the terms of the $4.9 billion fixed-price firm contract it agreed to in 2011. The bill comes as Boeing contends with the continued grounding of the 737 MAX and instability to the air travel market posed by COVID-19, which has led to lost orders and disruptions throughout the company's production lines. But the RVS deal struck in April could potentially mark a new chapter for the tanker program, which has been mired in disputes between Boeing and the Air Force for years. The RVS — integrated by Boeing with cameras and sensors from Collins Aerospace — feeds live video and other data to the boom operator, who is able to use those cues to pump gas into another aircraft. But the Air Force has complained that the system does not work properly in all lighting conditions, leading to an increased risk of the KC-46 accidentally scraping the aircraft receiving fuel. Under the terms of the new deal, Boeing will make incremental hardware and software improvements to the existing system, but it will also design a new “RVS 2.0” with high-definition color cameras, better displays and improved computing systems not on the market when the first RVS was developed. During an earnings call with investors on Wednesday, Boeing CEO Dave Calhoun said the defense market continues to be healthy with solid demand. Overall, first quarter revenue for Boeing's defense sector decreased to $6 billion, down from about $6.6 billion in 2019. Most of that reduction was due to the KC-46 charge, according to the company, but a number of other defense programs were also impacted by the coronavirus pandemic, leading to reduced margin. https://www.defensenews.com/air/2020/04/29/boeing-gets-another-827m-charge-on-the-kc-46-program/