Tag Archives: air

Navy Picks Boeing, AAR, StandardAero for $269M in P-8A Maintenance, Repair IDIQs

The U.S. Navy has awarded Boeing (NYSE: BA), AAR Corp.‘s (NYSE: AIR) aircraft services business and StandardAero contracts worth up to $268.7 million combined to support maintenance and repair of the service branch’s P-8A Poseidon maritime patrol aircraft. All three contractors can vie for individual task orders to deliver P-8A support services to the Navy, Australian …

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John Holmes Named AAR President, COO; Timothy Romenesko to Retire as Vice Chairman, CFO at Year’s End

John Holmes, chief operating officer of AAR‘s (NYSE: AIR) aviation services business and a 16-year company veteran, has been promoted to the roles of president and CFO in a move that takes effect June 1. AAR said Tuesday Holmes will also begin to serve as a member of its board of directors …

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Lockheed, DoD to Explore Air-Space-Cyber Interoperability Through C2 Wargame

TYSONS CORNER, VA, April 13, 2017 — Lockheed Martin (NYSE: LMT) will host the three-day Multi-Domain Command and Control wargame at its Center for Innovation in Virginia to demonstrate air, cyber and space domain integration in support of command-and-control operations, ExecutiveBiz reported Wednesday. The company said Tuesday it will work with the Defense …

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Lockheed Reports 4% Higher Electronic Systems Sales for 3Q 2012

Lockheed Martin (NYSE: LMT) has announced financial results for its fiscal year 2012 third quarter ended Sept. 30, 2012, reporting a four percent increase in net sales for the electronic systems segment from the prior year period. The company reported $3.81 billion in net sales for that segment during 2012’s …

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