Search Results for: Bell Helicopter

Textron 3Q Profit Up 9%, Revenue Down 7%

Textron (NYSE: TXT) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of 63 cents per share to beat Wall Street’s expectations by 2 cents. The Providence, R.I.-based conglomerate and owner of military aircraft makers Bell Helicopter and Beechcraft posted $176 million …

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Jeff Lowinger Joins Eaton As Industrial Sector SVP, CTO

Jeff Lowinger, a former executive vice president at Bell Helicopter, has joined Eaton (NYSE: ETN) as senior VP and chief technology officer of the company’s industrial sector. He will oversee the segment’s technology roadmap and new product development programs and report to Craig Arnold, sector vice chairman and chief operating …

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Northrop’s Modernized Fire Scout Takes First Flight; George Vardoulakis Comments

A Northrop Grumman Corp. (NYSE: NOC) MQ-8C unmanned helicopter variant built for the U.S. Navy has completed its maiden flight, Reuters reported Thursday. Andrea Shalal-Esa writes the Navy’s updated Fire Scout aircraft flew for 7 minutes across Naval Base Ventura County in Point Mogu, Calif. on Thursday. The chopper flew …

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Pentagon Wants Israel to Have Ospreys By 2015

The Defense Department has prioritized a foreign military sales order from Israel for six Boeing (NYSE: BA) and Bell Helicopter-built V-22 Ospreys ahead of the U.S. Marine Corps, Defense News reported Thursday. Marcus Weisgerber writes Israel’s formal request for modified versions of the tilt-rotor aircraft came this week following Defense …

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Report: Pentagon Outlines $4.3B in Potential Arms Sales to Iraq

The U.S. Defense Department has informed Congress of nearly $4.3 billion in potential foreign military sales transactions with Iraq, Defense News reported Sunday. Paul McLeary writes the deals come as the country aims to address sectarian violence and terrorist attacks. “Iraq is moving back to a primary state of civil …

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Boeing Team Wins $181M for Navy Osprey Program

A Boeing (NYSE: BA) and Bell Helicopter team has won five contracts worth a combined $181 million with the U.S. Navy for work on the Osprey program, the Pentagon announced Thursday. The contracts include: A $72, 928, 060 advanced acquisition award for long lead components for 17 MV-22 and 17 …

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Boeing Team Wins $34M Order to Upgrade Army Training Devices

The U.S. Army has awarded the Boeing Co. (NYSE: BA) and Textron (NYSE: TXT) subsidiary Bell Helicopter team a $34, 186, 000 delivery order for the block 20/C upgrade to CV-22 training devices. The order is against a previously-issued basic ordering agreement includes the cabin operational fight trainer, cabin part task trainer and the wing part …

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Executive Move- Joseph Lamarca named VP, Communications at Lockheed Martin

Lockheed Martin has named Joseph Lamarca, Jr. as the vice president, Communications, for the Aeronautics business  at Lockheed Martin. The appointment will be effective in early January. Lamarca previously served as VP for Communications at Bell Helicopters in Texas and has also worked for Boeing. Prior to entering industry, Lamarca …

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Contract Award – Boeing – US Navy

The Boeing Company [NYSE: BA], partnering with Bell Helicopter, has won a contract from the U.S. Navy to upgrade the CV-22 Cabin Part Task Trainer (CPTT) to include an Aircrew Flight Simulation (AFS) deploying a system that fuses video images with virtual reality. The upgrade will be delivered to Air …

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