Andrea's Feed
Jun 17, 2015

U.S. weapons makers say sales process still too slow

PARIS, June 17 (Reuters) – American weapons makers have
welcomed a push by U.S. government agencies to better coordinate
on arms sales policies, but say most deals still take far too
long to process, frustrating potential customers.

Many U.S. arms makers have sought to offset declines in
American and European defense spending by boosting international
sales, but they regularly complain that slow government
approvals of deals frustrates some customers and drives them to
look at offers from non-U.S companies.

Jun 17, 2015

Sikorsky tells US ownership change won’t affect CH-53K program

PARIS (Reuters) – Sikorsky Aircraft has assured the U.S. Marine Corps that a change in its ownership will not derail its work on the CH-53K, a new heavy-lift helicopter the company is building for the Marines, the top Marine in charge of aviation told Reuters.

United Technologies Corp (UTX.N: Quote, Profile, Research, Stock Buzz) this week announced it was getting out of the helicopter business and would announce by the end of the third quarter whether it would sell or spin off Sikorsky.

Jun 17, 2015

Boeing, Bell eye up to 100 more sales of V-22 Osprey

PARIS (Reuters) – Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) and Bell Helicopter, makers of the V-22 Osprey, say more countries are interested in buying the tiltrotor aircraft, with another 100 sales possible in coming years.

The United Arab Emirates and a number of other countries are looking at buying 6 to 12 of the aircraft, which take off and land like a helicopter, but fly like a plane, company executives told Reuters at the Paris air show.

Jun 17, 2015

U.S. Marine general keeps ‘careful eye’ on F-35 spare parts

PARIS (Reuters) – The top U.S. Marine in charge of aviation is “very confident” about the $391 billion Lockheed Martin Corp F-35 fighter program ahead of a decision on the jet’s combat-readiness, but said he is keeping “a careful eye” on the spare parts supply.

Lieutenant General Jon Davis, deputy commandant for aviation, said on Tuesday the 10 jets in an initial squadron had completed retrofits and were being repainted. Only a few items had to be checked off before the Marine Corps kicks off in mid-July a tough operational readiness review of the first F-35 squadron that could be sent into combat.

Jun 16, 2015

Textron upbeat on Scorpion jet; UK plans test flights

PARIS (Reuters) – Textron Inc (TXT.N: Quote, Profile, Research) on Tuesday said it was upbeat about the prospects of its new Scorpion light attack and spy jet, which is gearing up for 10 days of UK flight demonstrations and visits to other European countries in coming weeks.

Scott Donnelly, chief executive of Textron, told Reuters the new aircraft, which was developed by Textron and a private group named Airland Enterprises, had amassed over 400 hours of flight time since its first flight in December 2013.

Jun 16, 2015

Lockheed teams with Bombardier, Raytheon for spy and control plane

PARIS, June 16 (Reuters) – Lockheed Martin Corp
announced on Tuesday that it will team with Raytheon Co
and Canadian planemaker Bombardier to develop a new
surveillance and command and control aircraft for a future U.S.
Air Force competition.

Lockheed said the team aimed to develop a low-risk,
affordable replacement for the E-8 Joint Surveillance Target
Attack Radar System (JSTARS), a ground surveillance, battle
management, and command and control aircraft that was built by
Northrop Grumman Corp.

Jun 16, 2015

Commercial plane orders slow; jetmakers focus on backlog

PARIS (Reuters) – The boom in commercial plane orders of recent years appears to be giving way to a more sustainable pace of demand at the 2015 Paris air show, with jetmakers increasingly focused on lifting production to meet their record backlog of sales.

U.S. planemaker Boeing (BA.N: Quote, Profile, Research, Stock Buzz) and European rival Airbus (AIR.PA: Quote, Profile, Research, Stock Buzz) continued to unveil a steady stream of deals on Tuesday, day two of the aerospace industry’s main annual gathering.

Jun 16, 2015

Lockheed names partner for commercial sales of giant airships

PARIS, June 16 (Reuters) – Lockheed Martin Corp on
Tuesday named a private firm, Hybrid Enterprises LLC, as the
exclusive sales agent for its Hybrid Airships, a new type of
aircraft that company officials say could revolutionize the way
oil and mining companies haul equipment to the Arctic and other
remote areas without roads.

Rob Binns, chief executive officer of Hybrid Enterprises,
told Reuters in an interview that the new aircraft should be
certified by the Federal Aviation Administration by late 2017,
paving the way for initial deliveries in 2018.

Jun 15, 2015

Big savings needed to justify F-35 block buy – Lockheed

PARIS, June 15 (Reuters) – Lockheed Martin Corp,
maker of the F-35 fighter jet, said on Monday it realized it
would have to generate significant savings to help justify a
block buy of up to 500 aircraft beginning in fiscal 2018.

Lorraine Martin, Lockheed’s F-35 program manager, said her
company and others involved in the program were working hard to
identify ways to further drive down the cost of the $391 billion
weapons program and shore up support for a multi-year purchase.

Jun 15, 2015

United Tech to exit Sikorsky helicopter business

PARIS, June 15 (Reuters) – United Technologies Corp
said on Monday it was exiting the helicopter business and would
decide by the end of the third quarter whether to spin off or
sell its $8 billion Sikorsky Aircraft unit, the largest provider
of helicopters to the U.S. military.

United Technologies said the decision to shed the
90-year-old Sikorsky unit came after a review of strategic
alternatives announced earlier this year and was subject to
final board approval.