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Lockheed Martin Wins $561.8 Million Missile Contract

DALLAS, June 25, 2019 /PRNewswire/ — Lockheed Martin (NYSE: LMT) received a $561.8 million production contract for Army Tactical Missile System (ATACMS) missiles for the U.S. Army and Foreign Military Sales (FMS) customers.

The two-year effort contract calls for new ATACMS rounds, as well as upgrading several previous-variant ATACMS as part of the Service Life Extension Program (SLEP III).

“The new-build ATACMS rounds under this contract will include sensor technology that provides the recently qualified Height-of-Burst capability,” said Gaylia Campbell, vice president of Precision Fires & Combat Maneuver Systems at Lockheed Martin Missiles and Fire Control. “This new feature will allow Soldiers to address area targets at depth on the battlefield.”

Both the SLEP and new ATACMS rounds will be produced at Lockheed Martin’s Precision Fires Production Center of Excellence in Camden, Arkansas. To meet the increased demand for ATACMS, Lockheed Martin is expanding its Camden manufacturing facilities to include the capability to produce ATACMS and other upcoming missiles.

For more than 40 years, Lockheed Martin Missiles and Fire Control has been the leading designer and manufacturer of long-range, surface-to-surface precision strike solutions, providing highly reliable, combat-proven systems like MLRS, HIMARS, ATACMS and Guided MLRS to domestic and international customers.

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 105,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

Pentagon Gets 8.8% Discount in $34 billion F-35 Jet Deal

WASHINGTON (Reuters) – The U.S. Department of Defense has a “handshake” agreement with Lockheed Martin Co to cut 8.8 percent from the price of its latest order of F-35A fighter jet, shaving a year from the time frame in which each aircraft will cost less than $80 million, a Pentagon official said on Monday.

The Pentagon said over three years the agreement will be worth $34 billion for 478 F-35 fighter jets. It is preliminary and a final deal is expected to be sealed in August for the 12th batch of jets, one of the most expensive aircraft ever produced.

The preliminary agreement details the first year, and lays out agreed upon options for two additional years. The options are there because official purchases cannot be made until the U.S. Congress approves an annual budget for those years.

This year’s agreement will lower the cost of each F-35A, the most common version of the aircraft, to $81.35 million, Under Secretary of Defense Ellen Lord said, down from $89.2 million under a deal inked in August 2018.

Under the options covering the second and third years of the purchase, the price of each jet will drop below $80 million, Lord said. In those later years production would be around 160 jets per year.

The F-35 program has long aimed at growing the fleet to more than 3,000 jets and bringing the unit price of the F-35A below $80 million through efficiencies gained by ordering larger quantifies.

“I am proud to state that this agreement has achieved an estimated 8.8% savings from Lot 11 to Lot 12 F-35A’s, and an estimated average of 15%” reduction across all variants from Lot 11 to Lot 14, Lord said in the statement. That savings exceeded expectations in a RAND Corp study.

“The unit price for all three F-35 variants was reduced and the agreement will include an F-35A unit cost below $80 million in Lot 13, exceeding the Pentagon and Lockheed Martin’s long-standing cost reduction commitment earlier than planned,” the Lockheed Martin F-35 program general manager Greg Ulmer said in a statement.

While being a major part of Lockheed’s revenue, the F-35 has recently been holding competitions to find less expensive subcontractors to help control costs.

The new pricing could encourage more foreign customers to join the F-35 program. Lockheed executives have said that any country with an F-16 jet, the predecessor to the F-35, is a potential customer. This could put the market size at about 4000 jets, Lockheed CEO Marillyn Hewson recently told an investor conference.

Vice Admiral Mathias Winter, the head of the Pentagon’s F-35 office, has testified to Congress, that “future potential foreign military sales customers include Singapore, Greece, Romania, Spain and Poland.”

Foreign military sales like those of the F-35 are considered government-to-government deals where the Pentagon acts as an intermediary between the defense contractor and a foreign government.

Other U.S. allies have been eyeing a purchase of the stealthy jet including Finland, Switzerland and the United Arab Emirates.

(Reporting by Mike Stone in Washington; Editing by Bill Rigby and David Gregorio)

FILE PHOTO: A Lockheed Martin F-35A Lightning II aircraft takes part in flying display during the 52nd Paris Air Show at Le Bourget Airport near Paris

Viking Plans Demonstration Tour for Guardian 400 Twin Otter

Ottawa, Ontario, May 29th, 2019: Today during the CANSEC Defence & Security show, Viking Air Limited of Victoria, British Columbia has announced its plans to hold a world demonstration tour for its Guardian 400 aircraft, the special missions variant of the Viking Series 400 Twin Otter. The world tour will include detailed briefings and demonstration flights in Europe, Africa, Middle East, India, South East Asia, Oceania, and North America.

For the past six months, a production Series 400 Twin Otter has been undergoing modifications to transform into Viking’s Guardian 400 demonstrator aircraft for the proposed world tour. It will feature a right-hand SCAR pod with Hensoldt Argos EO/IR imaging turret, multi-spectral HDTV camera, mega-pixel HD Thermal imager, laser range finder, multi-mode auto tracker, and Remote Image Bus (RIB) video feed for display on the cockpit MFD or crew workstation. The demonstrator will also feature a left-hand SCAR pod with Leonardo Osprey Radar System and Sentient Vidar Camera system.

In addition to its mission sensor package, the Guardian 400 prototype will be equipped with an Airborne Technologies’ tactical workstation with high-definition touchscreen monitors, data/voice/video recorder, Mission Management Unit (MMU), mission radio communications, intuitive hand controller for MCU & SLR camera targeting, CarteNav AIMS mission system software, Kestrel MTI targeting software, and IKHANA ergonomic mission seat for optimized crew comfort. The prototype will also be equipped with Viking conformal bubble windows, left and right wing-mounted hard points by IKHANA, Thunder Bay Aviation stretcher racks, and an aft lavatory for crew comfort.

With a target launch date of September 2019, the Guardian 400 world tour has briefing and demonstration flights proposed throughout Europe, North Africa, Central Africa, Southeastern Africa, the Middle East, Southern Asia, Asia Pacific, North America and will culminate in Ottawa, Canada to coincide with the 2020 CANSEC Defence & Security show.

“As we’ve anticipated development of a Guardian 400 technical demonstrator for many years, to now be able to show off its unique performance capabilities and incredible versatility to interested military and government organizations in their home countries is exciting to say the least,” said Robert Mauracher, Viking executive vice president, Sales & Marketing. “While the tour details are still under development, we encourage interested parties to contact us if they wish to participate in a flight demonstration.”

About the Guardian 400 Twin Otter:

Viking developed the Guardian 400 in response to foreign military and government agency demand for a medium-range maritime patrol, SAR and critical infrastructure platform based on the new Twin Otter Series 400 aircraft. Designed as an economical force multiplier for 21st century surveillance and security requirements, the Guardian 400’s low acquisition and operating costs combined with its modern, flexible architecture allows it to be customized to suit operators’ financial and mission requirements.

The Guardian 400’s robust design, minimal maintenance requirements, and exceptional short-field performance capabilities make it ideally suited for specialized government operations in extreme environments. Certified under the restricted category, the Guardian 400’s increased take-off weight and extended range internal Patrol Tank allow for operational sorties over 10 hours in duration.

Trusted by the governments of Peru, Panama, the United States, United Arab Emirates, and Vietnam, over thirty Twin Otter Guardian 400 aircraft have now entered service in various roles, including maritime surveillance, search & rescue, parachute operations, pipeline monitoring, drug enforcement, medevac, and critical infrastructure support.

Latest ACH160 Order Underlines Market Confidence

Geneva, Airbus Corporate Helicopters (ACH) has secured an additional sale for its latest ACH160 helicopter just days before the EBACE 2019 business aviation show in Geneva.

This new order, from an experienced UK helicopter operator which will use it for general corporate purposes, takes the ACH160 orderbook to 11 aircraft of which four have been won in the UK.

Two other ACH160s have been ordered by a privately owned UK company which is also a long-time corporate helicopter user, and a fourth UK aircraft has been ordered by an existing private Airbus Helicopters VIP customer to be managed by Isle of Man-based Luviair.

The H160 medium helicopter programme remains on-track for certification at the end of 2019 to be followed by the first ACH deliveries about one year later.

After recording 54 sales in 2017 following its launch at EBACE in May that year, ACH recorded 68 orders in 2018.

Mirroring sister brand Airbus Corporate Jets (ACJ), ACH provides an exclusive end-to-end ownership experience from first enquiry and ordering, through in-service support, to enhanced resale opportunities.

ACH delivers the highest standards in safety, technology, craftsmanship and service and is backed by HCareFirst – a premium support service aimed directly at the specific needs of operators typically recording low flight-hours but demanding worry-free aircraft availability when required.

Frederic Lemos, Head of ACH, said: “This substantial new business for the ACH160 even before certification is clearly demonstrating its very high level of acceptance in the market. These firm orders from highly knowledgeable customers are concrete evidence that the aircraft is addressing the needs of the most demanding operators.”

The full ACH helicopter range consists of the ACH125, ACH130, ACH135, new ACH145, ACH160 and ACH175 variants of Airbus Helicopters’ comprehensive and market-leading family of light and medium models. A range of premium-design aircraft completions, including bespoke solutions, is available for all models.

Renowned for its combination of versatility and comfort, the ACH range of helicopters is admired by passengers and pilots alike for its stylish interiors, smooth and quiet ride allied to its technologically advanced Helionix digital avionics system ensuring carefree handling and the highest level of safety.

About Airbus
Airbus is a global leader in aeronautics, space and related services. In 2018, it generated revenues of €64 billion and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as one of the world’s leading space companies. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.

Lockheed Martin to Develop Modular Guided Rocket Pods

DALLAS, May 15, 2019 – The U.S. Army awarded Lockheed Martin a $10.5 million contract to develop a new modular pod for Guided Multiple Launch Rocket System (GMLRS) rockets. The new pods will replace the depleting inventory of M26 rocket pods and support the increased production of GMLRS rounds.

The modular pod is designed to allow for reloading of individual rocket tubes as they are expended, whereas the original GMLRS pods are discarded after use. The pod will be able to fire the GMLRS Unitary and Alternative Warhead variants, as well as the developmental Extended-Range GMLRS rockets and future rounds.

“The new pods will be compatible with both the High Mobility Artillery Rocket System (HIMARS) and MLRS M270 family of launchers,” said Gaylia Campbell, vice president of Precision Fires and Combat Maneuver Systems at Lockheed Martin Missiles and Fire Control. “These new pods will improve reload operations and assure our warfighters have adequate rounds available to them when they are most needed.”

The modular pods will be produced at Lockheed Martin’s Precision Fires Center of Excellence in Camden, Ark. Ground testing will begin this fall, with a planned flight test before the end of the calendar year. The first deliveries of the new modular pod are anticipated in the fall of 2021.

For more than 40 years, Lockheed Martin has been the leading designer and manufacturer of long-range, surface-to-surface precision strike solutions, providing highly reliable, combat-proven systems like MLRS, HIMARS, the Army Tactical Missile System (ATACMS) and GMLRS to global customers.

For additional information, visit our website: http://www.lockheedmartin.com.

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 105,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

Pratt & Whitney Powered A319neo Makes Maiden Flight

From http://www.airbus.com

The last of the A320neo variants, an Airbus A319neo, has completed its maiden flight powered by Pratt & Whitney GTF engines for the first time. The A319neo test aircraft took off from Toulouse at 12:30 local time and landed at 15:20. It was flown by a crew of five including Captain Philippe Castaigns, First Officer Shaun Wildey, flight test engineers Frank Hohmeister, David O’Nions, and Test flight engineer Cedric Favrichon.

The aircraft, MSN 6464, will perform an extensive flight test campaign in order to achieve its certification with P&W GTF engines by Q4 2019. The same aircraft had originally been powered with CFM International LEAP-1A engines for that variant’s full certification test campaign, which began on 31 March 2017 prior to FAA/EASA certification in December 2018.

The A319neo is the smallest member of the A320neo family. This family is the world’s best-selling single aisle aircraft, with over 6,500 orders from some 100 customers since its launch in 2010. It has pioneered and incorporated the latest technologies, including its new-generation engines and the industry’s reference cabin design, delivering 20% fuel cost per seat savings alone. The A320neo Family also offers significant environmental benefits with a nearly 50% reduction in noise footprint compared to previous generation aircraft.

#A319neo #WeArePW #Airbus

Boeing, Vietjet Announce Order for 100 737 MAX Airplanes

HANOI, Vietnam, Feb. 27, 2019 /PRNewswire/ — Boeing [NYSE:BA] and Vietjet [HOSE: VJC] confirmed that the innovative and growing Vietnamese carrier has purchased 100 additional 737 MAX airplanes, taking their MAX order book to 200 jets. During a signing ceremony today in Hanoi, United States President Donald Trump and Vietnamese Communist Party General Secretary and President Nguyen Phu Trong joined leaders of both companies to unveil the $12.7 billion order, according to list prices.

The deal includes 20 MAX 8s and 80 of the new, larger MAX 10 variant, which will have the lowest seat-mile costs for a single-aisle airplane and be the most profitable jet in its market segment. The order was previously unidentified on Boeing’s Orders & Deliveries website.

In ordering 80 MAX 10s, Vietjet becomes the largest Asian customer of the airplane type. The carrier plans to use the added capacity to meet growing demand across Vietnam, as well as to serve popular destinations throughout Asia.

“The deal for 200 Boeing 737 MAX airplanes today is an important move for us to keep up with our international flight network expansion plan with a higher capacity, thus offering our passengers with more exciting experiences when being able to fly to more new international destinations,” said Madam Nguyễn Thị Phương Thảo, President and CEO of Vietjet. “I believe that our fleet will have breakthroughs thanks to new-generation technologies, which helps improve flight quality and enhance operational reliability, while reducing operating costs in the future. Passengers will then have more opportunities to fly with reasonable fares. The contract signing ceremony, which is witnessed by the top leaders of Vietnam and the US on the occasion of the US-North Korea Summit in Hanoi, will mark a milestone in the two companies’ growth path.”

Vietjet placed its first order for 100 737 MAX airplanes in 2016, which set the mark for the largest commercial jet purchase in Vietnam’s aviation sector at the time.

“We are pleased to expand our partnership with Vietjet and to support their impressive growth with new, advanced airplanes such as the 737 MAX. We are confident the MAX will help Vietjet grow more efficiently and provide great travel experiences for their passengers,” said Boeing Commercial Airplanes President & CEO Kevin McAllister. “The economic expansion in Hanoi and across Vietnam is impressive. Vietjet and the country’s burgeoning aviation sector are clearly enablers, helping to stimulate travel within Vietnam and connecting Vietnam with the rest of Asia. We are proud to support this economic development, which in turn supports engineering and manufacturing jobs in the United States.”

In addition to airplane purchases, Boeing will partner with Vietjet to enhance technical and engineering expertise, train pilots and technicians, and improve management capabilities at the airline and in Vietnam.

The carrier also uses Boeing’s digital solutions to optimize its operations, including flight planning & Tech Log Book.

About the 737 MAX
The 737 MAX family is powered by CFM International LEAP-1B engines, and includes design updates such as Boeing’s Advanced Technology winglet that reduces drag and further optimizes the 737 MAX performance, especially on longer-range missions. Together, these improvements reduce fuel use and CO2 emissions by at least 14 percent compared to today’s Next-Generation 737s – and by 20 percent more than the single-aisle airplanes they replace.

The 737 MAX 10 is the largest variant in the family. At 43.8 meters (143 feet 8 inches) long, the airplane can seat a maximum of 230 passengers and offer airlines the lowest seat-mile costs in the single-aisle market.

The 737 MAX is the fastest-selling airplane in Boeing history with about 5,000 orders from more than 100 customers worldwide. For more information, visit www.boeing.com/commercial/737max.

About Vietjet
Vietjet is the first airline in Vietnam to operate as a new-age airline offering flexible, cost-saving ticket fares and diversified services to meet customers’ demands. It provides not only transport services but also uses the latest e-commerce technologies to offer various products and services for consumers. Vietjet is a member of International Air Transport Association (IATA) with the IATA Operational Safety Audit (IOSA) certificate. Vietjet was named “Best Ultra Low-Cost Airline 2018 – 2019” and awarded the highest ranking for safety with 7 stars in 2018 by safety and product rating website AirlineRatings.com. Currently, Vietjet offers more than 385 flights daily, carrying more than 65 million passengers to date, with 106 routes covering destinations across Vietnam and international destinations such as Japan, Hong Kong, Singapore, South Korea, Taiwan, mainland China, Thailand, Myanmar, Malaysia and Cambodia. For more information, visit www.vietjetair.com

Story and image from http://www.boeing.com

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