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Northrop Grumman has been selected by the U.S. Missile Defense Agency to continue developing the Glide Phase Interceptor
Sept. 25, 2024 - This collaboration between the U.S. and Japan, marks a significant milestone in hypersonic defense efforts, with Northrop set to refine GPI's design and conduct flight experiments. Missile defense experts will caution that while this development is crucial, the U.S. requires multiple solutions to effectively address a range of high-speed missile threats. (Breaking Defense)
Sept. 25, 2024 - This collaboration between the U.S. and Japan, marks a significant milestone in hypersonic defense efforts, with Northrop set to refine GPI's design and conduct flight experiments. Missile defense experts will caution that while this development is crucial, the U.S. requires multiple solutions to effectively address a range of high-speed missile threats. (Breaking Defense)
HII's Ingalls Shipbuilding won $9.6 billion in contracts to build four amphibious warships, including three San Antonio-class ships and the big deck amphib Helmand Province
Sept. 24, 2024 - The award provides stability to Ingalls' workforce and supports the Navy and Marine Corps' goal of maintaining a minimum of 31 amphibious warships. The Navy's multi-year deal saved $901 million and ensures the replacement of older ships. (USNI News)
Sept. 24, 2024 - The award provides stability to Ingalls' workforce and supports the Navy and Marine Corps' goal of maintaining a minimum of 31 amphibious warships. The Navy's multi-year deal saved $901 million and ensures the replacement of older ships. (USNI News)
Textron Aviation workers in Wichita, represented by the IAM Local 774, are on strike after rejecting a contract proposal offering a 26% pay raise over four years
Sept. 25, 2024 - The union is demanding better wages, healthcare, job security, and retirement plans. Talks could potentially resume next week, with both sides expressing a willingness to negotiate. (AeroTime)
Sept. 25, 2024 - The union is demanding better wages, healthcare, job security, and retirement plans. Talks could potentially resume next week, with both sides expressing a willingness to negotiate. (AeroTime)
StandardAero plans to raise $1.1 billion through an IPO, valuing the company at up to $7.5 billion
Sept. 24, 2024 - Backed by Carlyle Group and GIC, the company aims to boost its valuation after previous bids fell short of expectations. The IPO follows StandardAero’s acquisition of Aero Turbine and its improved financial performance in the first half of the year. (Aviation Week)
Boeing's "final" offer was rejected by the striking workers' union, which claims the proposal doesn't adequately address key concerns
Sept. 23, 2024 - The union plans to survey its members instead of voting on the offer, as over 32,000 workers have been on strike since September 13, seeking higher pay and better retirement benefits. (Reuters)
Sept. 23, 2024 - The union plans to survey its members instead of voting on the offer, as over 32,000 workers have been on strike since September 13, seeking higher pay and better retirement benefits. (Reuters)
