Tag: martin (Page 7 of 7)

Will Supersonic Commercial Air Travel Return?

December 5, 2018 / WIL BALDWIN

Earlier this year, NASA awarded $250,000 to Lockheed Martin to create an aircraft capable of silently breaking the sound barrier (“Low-Boom flight program”).

On Nov. 16, the company LMT, -3.39% started production of the experimental QueSST (Quiet SuperSonic Transport) aircraft. This elegant vehicle can cruise at Mach 1.42 (1,510 km/h or 940 mph) and is capable of reaching 55,000 feet (16,800 meters), creating a low 75 Perceived Level decibel (PLdB) thump. This means that when the airplane breaks the sound barrier, it creates noise equivalent to the sound of slamming the car door.

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Will Supersonic Commercial Air Travel Return?

Image from www.lockheedmartin.com

Lockheed Martin Lands $22.7 Billion 255-Jet Fighter Order

November 19, 2018 / WIL BALDWIN

Let the shareholders rejoice: Lockheed Martin‘s (NYSE: LMT) F-35 Lightning II fighter jet contracts are getting bigger — and bigger.

In September, Reuters reported on a Pentagon deal to buy what it called at the time “the biggest batch yet” of Lockheed Martin’s joint strike fighter – 141 fighter jets valued at $11.5 billion. To win such a big order, Lockheed lowered its average F-35 cost to $81.6 million. With engine and other incidental costs factored in, flyaway costs were a bit higher. Lockheed’s F-35B variant flyaway cost $115.5 million, its F-35C cost $107.7 million, and the F-35A ended up at $89 million. Still, as Lockheed noted at the time, this contract offered the “lowest per-aircraft price in program history,” which undoubtedly helped Lockheed seal the deal.

Big as that sale was, however, the contract Lockheed just won easily eclipses it.

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Lockheed Martin Lands 255-Jet Fighter Order

Image from lockheedmartin.com

Boeing, Embraer To Build KC-390 Military Cargo Jet

October 1, 2018 / WIL BALDWIN

RIO DE JANEIRO, Oct 1 (Reuters) – U.S. planemaker Boeing and Brazil’s Embraer are in talks to set up an assembly line to build KC-390 military cargo jets in the United States, Brazilian newspaper Valor Economico reported on Monday.

In July, the two planemakers announced a deal to give Boeing an 80 percent stake in Embraer’s commercial aircraft arm, marking the biggest realignment in the global aerospace market in decades.

At the time, the companies also announced a deeper sales and services partnership on the new KC-390 military cargo jet through a separate defense venture that they said was likely to eventually receive a joint investment.

According to the report on Monday, which did not detail how the paper obtained the information, the two companies intend to create a defense-related joint venture to install the factory, which would be the second to produce the plane.

Such a partnership would give Boeing a newly designed, U.S.-built tactical transport plane to sell directly against rival Lockheed Martin’s workhorse Hercules C130.

The companies did not immediately respond to requests for comment. The move would allow the planemakers to grow their collaboration in the defense realm, after Boeing’s original takeover bid snagged on Brazilian concerns about it gaining control of national defense programs. (Reporting by Alexandra Alper Editing by Susan Thomas)

Image from www.embraer.com

Are Supersonic Flights Moving Closer to a Comeback?

May 29, 2018 / WIL BALDWIN

The dream of traveling from coast to coast or across the ocean in a matter of hours is a real possibility, with the Federal Aviation Administration beginning work on updated regulations to accommodate a new generation of supersonic aircraft. The changes would be great news for passengers, while creating both challenges and new opportunities for aerospace giants like Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA).

The FAA intends to issue a formal proposal on new noise guidelines by December, according to a post on the White House’s Office of Information and Regulatory Affairs website. The new rules would allow for testing of new supersonic technologies that are designed to not generate a disruptive sonic boom, and pave the way for eventual approval of the new technologies if they work as planned.

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Supersonic Flight Comeback

Will Supersonic Commercial Air Travel Return?

Lockheed Martin Lands $22.7 Billion 255-Jet Fighter Order

Boeing, Embraer To Build KC-390 Military Cargo Jet

Are Supersonic Flights Moving Closer to a Comeback?

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