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Boeing has reached a tentative agreement with its largest union to increase wages by 25% over four years, aiming to avoid a strike that could exacerbate its financial struggles and production delays
Sept. 8, 2024 - The deal, which also includes enhanced retirement benefits and commitments to union jobs in Washington state, will be voted on by 33,000 union members this week, who could still choose to walk out if the terms are rejected. (WSJ)
Sept. 8, 2024 - The deal, which also includes enhanced retirement benefits and commitments to union jobs in Washington state, will be voted on by 33,000 union members this week, who could still choose to walk out if the terms are rejected. (WSJ)
Boeing formally offered its CH-47F Chinook Block II heavy-lift helicopter to Poland, it remains unclear how many aircraft Poland might commit to or if a broader industry competition will emerge
Sept. 6, 2024 - If a competition arises, Lockheed Martin's Sikorsky CH-53K King Stallion could challenge the Chinook bid. Poland's decision on the Chinook could align its military capabilities with other NATO members, following Germany's recent order of 60 Chinooks. (Breaking Defense)
Sept. 6, 2024 - If a competition arises, Lockheed Martin's Sikorsky CH-53K King Stallion could challenge the Chinook bid. Poland's decision on the Chinook could align its military capabilities with other NATO members, following Germany's recent order of 60 Chinooks. (Breaking Defense)
Honeywell International has appointed Mike Stepniak as the new Chief Financial Officer, succeeding Greg Lewis after the company's fiscal year 2024 results
Sept. 5, 2024 - Stepniak, currently CFO of Honeywell Aerospace Technologies, brings over two decades of finance experience and will work closely with Lewis to ensure a smooth transition. Lewis will move to a new role as Senior Vice President of Honeywell Accelerator and Senior Advisor to CEO Vimal Kapur. (Honeywell)
Sept. 5, 2024 - Stepniak, currently CFO of Honeywell Aerospace Technologies, brings over two decades of finance experience and will work closely with Lewis to ensure a smooth transition. Lewis will move to a new role as Senior Vice President of Honeywell Accelerator and Senior Advisor to CEO Vimal Kapur. (Honeywell)
The U.S. Air Force is revamping its NGAD program, potentially opening more opportunities for smaller and non-traditional firms to contribute alongside major aerospace contractors
Sept. 5, 2024 - This shift aims to reduce costs and better integrate advanced technologies like drone wingmen into the NGAD system, reflecting a broader rethinking of how to achieve air superiority in contested environments, particularly against adversaries like China. (Air Force Times)
Honeywell has completed a $1.9B acquisition of CAES, enhancing its defense and space portfolio with advanced radio frequency technologies and adding 2,200 skilled employees
Sept. 5, 2024 - This acquisition strengthens Honeywell's capabilities across critical military platforms and aligns with its strategy to drive growth in aerospace technologies and automation. (ASDNews)
Sept. 5, 2024 - This acquisition strengthens Honeywell's capabilities across critical military platforms and aligns with its strategy to drive growth in aerospace technologies and automation. (ASDNews)
HAECO has partnered with Safran Aircraft Engines to offer Reverse Bleed System installation on Leap engines, becoming the first MRO provider to do so
Sept. 5, 2024 - The RBS prevents coking in the fuel nozzles, extending engine life by ensuring even combustion. HAECO will perform these installations at its facilities in Hong Kong, London, Amsterdam, and Dallas. (Aviation Week)
Sept. 5, 2024 - The RBS prevents coking in the fuel nozzles, extending engine life by ensuring even combustion. HAECO will perform these installations at its facilities in Hong Kong, London, Amsterdam, and Dallas. (Aviation Week)
BAE Systems has acquired UK-based Kirintec, enhancing its electronic warfare portfolio with advanced technologies that counter IEDs, UAS, and electromagnetic attacks
Sept. 4, 2024 - Kirintec's open architecture technology will strengthen BAE's ability to protect military platforms and personnel, addressing rising demand in this field. (Yahoo! Finance)
Sept. 4, 2024 - Kirintec's open architecture technology will strengthen BAE's ability to protect military platforms and personnel, addressing rising demand in this field. (Yahoo! Finance)
Northrop Grumman and L3Harris are competing to provide electronic warfare suites for Poland's planned upgrade of its F-16 fleet from Block 50 to Block 70 configuration
Sept. 4, 2024 - Northrop is offering the AN/ALQ-257 IVEWS, known for its ultra-wideband architecture and high sensitivity, while L3Harris is pitching the AN/ALQ-254(V)1 Viper Shield, a mature, all-digital EW system. (Breaking Defense)
Sept. 4, 2024 - Northrop is offering the AN/ALQ-257 IVEWS, known for its ultra-wideband architecture and high sensitivity, while L3Harris is pitching the AN/ALQ-254(V)1 Viper Shield, a mature, all-digital EW system. (Breaking Defense)
The U.S. Air Force has awarded Raytheon a $1.05B contract to upgrade the sensors on F-22 Raptor fighter jets, to modernize and extend the lifespan of the aircraft
Sept. 3, 2024 - The upgrades, which include hardware and support equipment, will be conducted at Raytheon's Texas facility until 2029, with a broader goal of enhancing air superiority under the Air Force’s Next Generation Air Dominance initiative. (GovCon Wire)
Sept. 3, 2024 - The upgrades, which include hardware and support equipment, will be conducted at Raytheon's Texas facility until 2029, with a broader goal of enhancing air superiority under the Air Force’s Next Generation Air Dominance initiative. (GovCon Wire)
