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Saturday, August 2, 2014

Today's Defense & Aerospace News

Image - Excalibur Ib Enters FRP and Receives $52 M Award

Excalibur Ib Enters FRP and Receives $52 M Award

Raytheon Company's (NYSE: RTN) Excalibur Ib precision guided projectile has entered full rate production (FRP). U.S. Army approval of FRP completes Excalibur Ib's low rate initial production phase.  Additionally, the U.S. Army has awarded Raytheon $52 million for continued Excalibur Ib production. "The full rate production decision is the culminati...
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Image - BAE to Support NGAs Digital Map of the World Project Under $335 M Contract

BAE to Support NGA's Digital Map of the World Project Under $335 M Contract

The National Geospatial-Intelligence Agency (NGA) has awarded BAE Systems a $335 million contract to assist in transforming the collection, maintenance, and utilization of geospatial intelligence (GEOINT) data and products. The award supports NGA’s dynamic Map of the World project, which is giving U.S. military leaders clearer on-the-ground intelligence pictur...
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Image - IAG Firms Up for 8 Airbus A350-900

IAG Firms Up for 8 Airbus A350-900

International Airlines Group (IAG) has converted eight A350-900 options into firm orders for Iberia. The airline becomes a new customer for the fast-selling A350XWB Family. The aircraft will be equipped with efficient Rolls Royce Trent XWB engines and will deliver huge operational benefits through Airbus’ unique family values. IAG secured commercial terms for ...
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