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  • Beechcraft introduces special mission enhancements for the King Air 350 platform

    Beechcraft Corporation, a subsidiary of Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today announced at the Middle East and North Africa Business Aviation Association (MEBAA) conference in Dubai that the company is now offering Pratt and Whitney Canada PT6A-67A engines for improved performance on its King Air 350HW and King Air 350ER turboprops. In…

  • Cessna Citation Latitude to make show debut at MEBAA 2016

    Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today announced its plans to showcase its versatile product lineup at this week’s Middle East and North Africa Business Aviation Association (MEBAA) conference in Dubai, including the show debut of the Cessna Citation Latitude midsize business jet. Also on display will be the Cessna Grand Caravan EX…

  • Safran signs contract to support European NH90 engines

    Safran Helicopter Engines has signed a 10-year contract with NAHEMA (NATO Helicopter Management Agency), to support RTM322-powered NH90 operated by the French Army Light Aviation (ALAT) and French Navy. This contract also covers the NH90 operated by Belgian Army and Navy and the Royal Netherlands Armed Forces. This contract will cover 130 rotorcraft in coming…

  • Lockheed Martin and ULA Encapsulate EchoStar XIX Satellite for Dec. 18 Launch

    The EchoStar XIX satellite has been encapsulated in its protective launch vehicle fairing. It is scheduled to launch Dec. 18 aboard a United Launch Alliance Atlas V 431 rocket contracted through Lockheed Martin (NYSE: LMT) Commercial Launch Services. For encapsulation, EchoStar XIX was connected to an adapter and then enclosed in the four-meter fairing or…

  • First Images from Lockheed Martin-Built WorldView-4 Satellite Showcase Newest Addition to DigitalGlobe’s Imaging Constellation

    DigitalGlobe, Inc. (NYSE:DGI), has shared the first vibrant, crystal-clear images from the Lockheed Martin-built (NYSE:LMT) WorldView-4 satellite, demonstrating the industry-leading resolution, accuracy and agility of its newest imaging spacecraft. “Seeing these first images is only a glimpse of the value WorldView-4 will bring to the world,” said Carl Marchetto, vice president and general manager of…

  • Lockheed Martin and the U.S. Air Force Move Forward with Ground System Upgrade to Support Contingency GPS III Operations

    The U.S. Air Force approved Lockheed Martin’s (NYSE: LMT) design to upgrade the current GPS satellite ground control system with new capabilities that will enable it to operate more powerful and accurate GPS III satellites. The successful Critical Design Review (CDR) for the Contingency Operations (COps) contract, completed on November 17, gives Lockheed Martin a…

  • Philippine Airlines and Bombardier Finalize Order for up to 12 Q400 Aircraft

      Order confirms airline as launch customer of two-class, 86-seat Q400 aircraft Bombardier Commercial Aircraft announced today that it has finalized a firm purchase agreement with Philippine Airlines, Inc., flag carrier of the Philippines, consistent with the Letter of Intent announced on October 14, 2016. The purchase agreement includes a firm order for five Q400…

  • Boeing Board Raises Dividend, Renews Share Repurchase Authorization

    The Boeing [NYSE: BA] board of directors today declared the company’s quarterly dividend will increase 30 percent to $1.42 per share. The board also replaced the existing share repurchase program with a new $14 billion authorization. “As our team delivers on our large and diverse order backlog, and drives greater efficiency across our business, Boeing…

  • Rockwell Collins tops inaugural “JUST 100” list in the Aerospace & Defense industry

    Published by JUST Capital and Forbes New rankings recognize companies performing best on American public’s priorities List is online now and will be featured on cover of Forbes Magazine’s Dec. 20 Impact & Philanthropy issue The JUST 100 list highlights top companies within 32 major industries, ranging from autos to internet to food and beverage;…

  • Boeing, Iran Air Announce Agreement for 80 Airplanes

    $16 billion milestone agreement includes widebody, single-aisle aircraft Contract reached within terms of U.S. Government license New orders will support nearly 100,000 U.S. jobs Boeing [NYSE: BA] and Iran Air announced an agreement today for 80 aircraft that includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9s, valued at $16.6 billion at list prices.…