The U.S. Department of Defense rolled out a $614 billion Fiscal Year 2013 budget submission February 13, revealing further program cancellations and “restructurings” to previously announced cuts. Sacrificed in the Pentagon’s exercise to reduce $259 billion over its five-year future years defense program (FYDP) are the Navy’s medium-range martime unmanned aircraft system (MRMUAS) and the Air Force’s next generation missile (NGM).
Lockheed Martin yesterday unveiled a new version of the evergreen F-16 Fighting Falcon designated the F-16V. The new moniker is derived from the fighter’s long-standing unofficial nickname: Viper. It will apply to existing aircraft that are upgraded with AESA radars, and new builds. The F-16V will also include a new mission computer and cockpit display.
Raytheon has just conducted a successful trial of its Griffin B forward-launch small precision weapon. The test demonstrated the weapon’s capability to defend a forward operating base (FOB). The Griffin was fired from a fixed Wedge launcher against target coordinates more than 2.5 miles away provided by sensors mounted on a tethered aerostat, of the type that are typically raised to protect Army FOBs. The Griffin A aft-launch version is in service with the U.S. Marine Corps C-130 Harvest Hawk aircraft and the Air Force’s MC-130W Dragon Spear.
Over two decades have passed since the laser-guided version of Raytheon’s AGM-65 missile left production but, due to emerging requirements, the “laser Maverick” is back.
Raytheon’s Space and Airborne Systems has delivered the first APY-10 multi-mission radar to Boeing for installation in the P-8I maritime patrol aircraft for the Indian Navy. The company is under contract to deliver eight sets.
U.S. ambassador to Singapore David Adelman will cut the ribbon to open the U.S. International Pavilion at the Singapore Airshow this morning. He will be joined by General Gary North, U.S. Pacific Air Forces commander, and Nicole Lamb-Hale, U.S. assistant secretary of commerce for manufacturing and services.
The U.S. pavilion will showcase the products and services of 70 companies, 25 of which are exhibiting at the Singapore Airshow for the first time. The 1,400-sq-m pavilion has been organized by Kallman Worldwide.
The U.S. strategic tilt toward the Asia Pacific region plays to Raytheon Co.’s strength in active electronically scanned array (AESA) radar, a key technology being used and sought by countries in the region to enhance the capabilities of their legacy fourth-generation fighters.
Raytheon Aircraft no longer owns part of Cheyenne, Wyo.-based Great Lakes Aviation, following the airline’s November 16 repurchase of all common stock owned by the one-time Beech 1900 manufacturer. According to Great Lakes’ third-quarter 10Q filing with the SEC, the airline entered into new financing agreements with GB Merchant Partners and Crystal Capital, allowing it to settle its obligations with Raytheon Aircraft. Terms of the financing include a four-year term loan of $24 million and a revolving loan credit facility under which the company may borrow $10 million.
While Boisture’s assessment appears accurate, there are also signs that Hawker Beechcraft remains stuck, not between a rock and a hard place, but between a hard place and a harder place. And while some of Wichita-based OEM’s problems have their source in the current recession, others are more than a decade in the making, well before Boisture began his tenure at HBC in 2009.
Lockheed Martin announced that the troubled, tri-national, medium extended air defense system (MEADS) underwent its first flight test, at the White Sands Missile Range (WSMR) on November 17.