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Leading LockMart official goes to Raytheon
Dan Crowley, the former executive vice president and general manager of Lockheed Martin’s F-35 JSF program and since May of this year, COO of its Aeronautics business, has announced an immediate departure from the company for a position at rival Raytheon. A Lockheed statement to US media said Crowley “has informed us of his decision
Read moreEgypt orders three Airbus Military C295s
The Egyptian Air Force (EAF) has ordered three Airbus Military C295 light tactical transports. The order takes C295 orders to 85 aircraft from 13 operators in 11 countries. The Egyptian aircraft will be delivered from 2011.
Read moreMohawk to be reborn?
The Grumman OV-1 Mohawk COIN aircraft of the 1960s and 70s looks set for a revival thanks to two US companies hoping to market modernised versions to the US and world markets. US company ATK has teamed up with Mohawk Technologies and Broadbay to offer the OV-1D, a significantly enhanced version of the Mohawk. The
Read moreJSF headed for new cost blowouts and delays?
/ | 31 Comments on JSF headed for new cost blowouts and delays?Reports from the US on November 1 indicate the F-35 JSF program is headed for a further schedule and development cost blowout in the wake of a ground up review by new program head, Rear Admiral David Venlet. The reports, first broken by Bloomberg, indicate a further schedule slip of one to two years for
Read morePax traffic up over past financial year
Despite the continued challenges over the 2009/2010 financial year, Australia again reached new records for domestic and international passengers over the year. According to new reports from the Bureau of Infrastructure, Transport and Regional Economics (BITRE), over the financial year there were 51.76 million domestic passengers, which is an increase of three per cent compared
Read moreTiger gets financing for aircraft
Tiger Airways has entered into an agreement with Standard Chartered bank to finance pre-delivery payments (PDP) on 14 new aircraft it has on order. “Standard Chartered Bank has been mandated to arrange and sole finance a Singapore Dollar-denominated structured PDP financing arrangement for Tiger Airways, relating to a total of 14 Airbus 320s scheduled for
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