Boeing's MQ-25 refueling drone moved to air base for flight testing

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  21 mai 2020 | International, Aérospatial

  Raytheon to move Albuquerque operations to other US sites

  By: The Associated Press ALBUQUERQUE, N.M. — A national aerospace and defense contractor has confirmed plans to pack up operations in New Mexico and move to Arizona and elsewhere. Raytheon Technologies Corp. will close its office in Albuquerque, where it employs about 200 people, the Albuquerque Journal reported Tuesday. Company spokeswoman Heather Uberuaga said Raytheon is looking to streamline its capabilities with pursuits and programs located at other sites around the country. She described the move as being in the best interest of customers and said the company will work with employees on individual options for employment going forward. That could include transferring to a new site or applying for different positions within the company. All laid-off workers will receive severance packages, and health care coverage will continue during the severance. Raytheon's Albuquerque division has worked closely in recent years with the Air Force Research Laboratory at Kirtland Air Force Base to develop modern laser and microwave weapons. That work will be transferred to Raytheon Missiles and Defense headquarters in Tucson, Arizona. Raytheon expanded its operations at the Sandia Science and Technology Park on Albuquerque's south side in 2017. The company received $850,000 in economic development funding from the state to offset the expansion costs. Uberuaga said that money has been returned. https://www.defensenews.com/industry/2020/05/20/raytheon-to-move-albuquerque-operations-to-other-us-sites/

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  8 novembre 2019 | International, Aérospatial

  Lockheed nets $184.5M for organic depot level repairs on F-35s

  BySommer Brokaw Nov. 7 (UPI) -- Lockheed Martin has been awarded $184.5 million repair capabilities on a production lot of F-35 aircraft operated by the Pentagon and other non-Department of Defense program participants. The contract, announced Wednesday by the Department of Defense, tasks Lockheed with establishing organic depot level repair capabilities for the F-35 aircraft under a previously awarded low-rate initial production Lot 11 contract. The work, to support the Air Force, Marine Corps, Navy and non-DoD participants, is expected to be complete by March 2023. Half of the work will be done in Fort Worth, Texas, where Lockheed is headquartered, with the rest at locations across the United States. Among the aircraft systems and parts the company will be working on are common components, conventional controls, surfaces and edges, electrical/mechanical activation, firewall shutoff valve, radar, wing flap actuator system, hydraulic power generation system, arresting gear, standby flight display, fuel system fan, alternating current contractor module and rudder pedals, according to a Pentagon press release. The F-35 aircraft uses advanced sensors "packaged within a supersonic, long-range, highly maneuverable fighter," according to Lockheed Martin, which allows the stealthy fifth generation aircraft to serve simultaneously in attack and intelligence-gathering roles. Last month, the Pentagon and Lockheed Martin reached a $34 billion deal for 478 F-35s as the price per aircraft dropped. A Lockheed Martin statement noted the deal lowered the cost of an F-35-A, the U.S. Army's variant of the aircraft, below $80 million, in Lot 13 and Lot 14, representing a 12.8 percent reduction from Lot 11 costs, and an average of 12.7 percent savings across all of the combat aircraft's variants from Lots 11 to 14. https://www.upi.com/Defense-News/2019/11/07/Lockheed-nets-1845M-for-organic-depot-level-repairs-on-F-35s/9821573147758/

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  11 janvier 2019 | International, Aérospatial

  Embraer and Boeing Welcome Brazilian Government Approval of Strategic Partnership

  SAO PAULO and CHICAGO, Jan. 10, 2019 /PRNewswire/ -- Embraer [B3: EMBR3, NYSE: ERJ] and Boeing [NYSE: BA] have welcomed approval by the Government of Brazil of the strategic partnership that will position both companies to accelerate growth in global aerospace markets. The government's approval comes after the two companies last month approved terms for the joint venture that will be made up of the commercial aircraft and services operations of Embraer. Boeing will hold an 80 percent ownership stake in the new company and Embraer will hold the remaining 20 percent. The companies have also agreed to the terms of another joint venture to promote and develop new markets for the multi-mission medium airlift KC-390. Under the terms of this proposed partnership, Embraer will own a 51 percent stake in the joint venture, with Boeing owning the remaining 49 percent. Once Embraer's Board of Directors ratifies its prior approval, the two companies will then execute definitive transaction documents. The closing of the transaction will be subject to shareholder and regulatory approvals and customary closing conditions. Assuming the approvals are received in a timely manner, the transaction is intended to close by the end of 2019. Forward-Looking Information Is Subject to Risk and Uncertainty Certain statements in this release may be "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed terms of the transaction, the ability of the parties to satisfy the conditions to executing or closing the transaction and the timing thereof, and the benefits and synergies of the proposed transaction, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on current assumptions about future events that may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict. Many factors could cause actual results to differ materially from these forward-looking statements. As a result, these statements speak only as of the date they are made and neither party undertakes an obligation to update or revise any forward-looking statement, except as required by law. Specific factors that could cause actual results to differ materially from these forward-looking statements include the effect of global economic conditions, the ability of the parties to reach final agreement on a transaction, consummate such a transaction and realize anticipated synergies, and other important factors disclosed previously and from time to time in the filings of The Boeing Company and/or Embraer with the Securities and Exchange Commission. Media Contacts: Chaz Bickers Boeing Communications charles.n.bickers@boeing.com 312-544-2002 Valtecio Alencar Global Corporate Communications Embraer Valtecio.alencar@embraer.com.br 11-3040-6891 SOURCE Boeing https://boeing.mediaroom.com/2019-01-10-Embraer-and-Boeing-Welcome-Brazilian-Government-Approval-of-Strategic-Partnership