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General Dynamics, Finmeccanica Subsidiary Team to Pursue USAF Trainer Aircraft Program; Jerry DeMuro Comments
General Dynamics (NYSE: GD) and a Finmeccanica subsidiary are forming a partnership to pursue a U.S. Air Force program intended to develop a new trainer aircraft and associated systems.
The companies said team will offer a new pilot training system built around Alenia Aermacchi’s T-100, a variant of its M-346 military aircraft trainer.
General Dynamics’...
UPDATE: BAE Teams with Northrop, L-3 to Pursue $11B Air Force Trainer Award
A contracting team led byBudget Year BAE Systems that includes Northrop Grumman (NYSE: NOC) and L-3 Communications‘ (NYSE: LLL) simulation and training business is competing with Lockheed Martin (NYSE: LMT) for an estimated more than $11 billion contract to build up to 350 training jets for the U.S. Air Force.
Those figures are according to Graham...
