United Airlines CEO Oscar Munoz was listed at No. 18 in Glassdoor's Employees Choice Awards, based on employee feedback at companies worldwide. Munoz received an approval rating of 96%.
The Air Force UH-1N Huey replacement program could become a sole source contract if the current House version of defense authorization legislation prevails. While the bill has a long way to go, this version could cut short the Huey replacement competition.
Raytheon has announced the successful firing of a laser weapon from an Apache helicopter, hitting a target close to 1 mile away. The test represents the "first time that a fully integrated laser system successfully engaged and fired on a target from a rotary-wing aircraft over a wide variety of flight regimes, altitudes and air speeds," the company said.
A new analysis by PwC says the defense sector has solid growth prospects going forward and more consolidation is in the cards. "While the first three quarters of 2016 were restrained in terms of deal-making for the sector, the uptick in fourth-quarter 2016 appears to reflect positive deal momentum and potential pent-up demand, as financial and strategic investors began to take advantage of opportunities and address threats in the U.S. and global marketplaces," the report says.
NASA says a quiet supersonic jet may be possible following its preliminary design review of the Quiet Supersonic Transport program. NASA and Lockheed Martin conducted the review, which concluded that the project's design is capable of exceeding the speed of sound while creating only a "soft thump."
Work on a third GPS III satellite is nearly complete at Lockheed Martin. The company is building 10 GPS satellites for the US military.
Mitsubishi Heavy Industries says it is on track to launch its H3 rocket in 2020 as it prepares for a cost review by the Japan Aerospace Exploration Agency.
The House Armed Services Committee's latest iteration of the Defense Authorization Act includes a provision to replace the Navy Reserve's fleet of F/A-18A+ Hornets. The service has 33 F/A-18A+ Hornets in service.
FedEx's net profit for its 2017 financial year was up 64.7% from 2016, reaching $3 billion. Cost management, rising demand and the acquisition of TNT Express were all factors in the growth. "Investments to modernize our aircraft fleet and expand our FedEx Ground capacity are supporting our strong earnings growth," FedEx executive Alan Graf Jr. said.
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