RSS Aerospace / Defense News

Lockheed Reportedly Acquiring United Tech’s Sikorsky For More Than $8 Billion

Lockheed Reportedly Acquiring United Tech’s Sikorsky For More Than $8 Billion

US defence contractor Lockheed Martin Corporation has agreed to buy United Technologies Corp’s (UTC) Black Hawk helicopter manufacturer, the Sikorsky for over $8 billion. Sikorsky is the maker of the flagship Black Hawk helicopters that are used by the United States military department. The deal could be announced on Monday in advance of a second […]

American David Neeleman

United Continental announces to vest $100 million in Brazil’s Azul

United Continental Holdings Inc., the owner of United Airline, announced on Friday that it will invest $100 million for a 5 per cent stake in Azul Linhas Aereas Brasileiras SA. Currently, Azul is Brazil’s third-largest airline, after Gol, and TAM that holds a 17 per cent stake of the local aviation market. The agreement will […]

Dennis Muilenburg

Boeing named Dennis Muilenburg as its new CEO

On Tuesday, Boeing named Dennis A. Muilenburg – an aeronautical architect, as its new CEO, who had widely been seen as the apparent heir, will replace W. James McNerney, who would step aside on July 1. McNerney, 65, has been the aircraft manufacturer’s chairman and chief executive since 2005 and will remain chairman until next […]

American Airlines

American Airlines CEO grosses $2.37 million in stock sale

The Chief Executive of American Airlines Group Inc. Doug Parker on Monday exercised and sold 113,000 stock appreciation rights (SAR) that he received since past three years, when he was appointed as CEO of US Airways Group Inc. in 2013 merger of American and US Airways rights, same a stock options, translated into new American […]


Qantas and Emirates Airlines out of excuses for fuel gluts

At present, oil prices are almost half of they were this time in last year, passengers could be forgiven for speculating when they will reap benefits from an equally large fall in air fares.  Air transports have invited a serious problem that will not go away, with recent report suggesting that they are situated to […]

F-35 fighter jets

Lockheed wins contract valued at $920 million for buying aerospace materials of 94 F-35 fighter jets

On Thursday, Pentagon announced that American global aerospace – Lockheed Martin Corp. won contact valued at $920 million, to start buying aero materials and parts for a tenth batch of 94 F-35 fighter jets. According to a spokesman for the Pentagon’s F-35 program office said that the advanced acquisition deal will allow the company to […]

NASA’s 10-engine Greased Lightning drone

NASA’s 10-engine Greased Lightning drone can take off like a helicopter and also fly like a plane

NASA’s Langley Research Center has developed a brand-new, battery-powered drone having 10 engines that can take off like a helicopter and fly like an airplane. NASA has even successfully tested the plane that can efficiently fly like an aircraft. The prototype of the Greased Lightning GL-10 sports a ten-foot wingspan (3.05 meters) and can alter […]

Image: Moffett Federal Airfield

Google signs 60-year lease on former NASA airfield for space and robotics research

Google has decided to invest in Moffett Federal Airfield which is owned by NASA. The company’s subsidiary Planetary Ventures LLC signed a second long-term lease with National Aeronautics and Space Administration (NASA) for expanding research concerning space exploration and robotics. The company already uses Moffett airfield for its top executive’s private jets. The field is […]

In another key aspect of the partnership, many more AA fliers will be able to participate in another promotion that launches later this month.

Cadillac partners with American Airlines to offer exclusive travel benefits to customers

General Motors Co.’s Cadillac brand and American Airlines Monday launched a partnership to bring a wide range of exclusive benefits to travelers, ranging from luxury, on-site airport transfers across the country to offering free frequent flier miles to American Airlines customers who test-drive a Cadillac. Beginning this month a Cadillac CTS, SRX or Escalade will […]

Virgon Boss Richard Branson, is giving his Virgin staff as much annual leave as they want, when they want.

Your World, Your Way? Virgin Boss Offers Employees Unlimited Vacation Policy

The boss of Virgin Group, Sir Richard Branson, is removing limits off on the amount of holidays his personal staff can take in the hope that it will boost morale, creativity and productivity. The billionaire, worth US$4.6 billion according to Forbes Magazine, wrote on his blog that his staff of 170 in the US and […]

Dave Barger, longtime CEO of JetBlue will step down in February 2015

Will the New JetBlue CEO Hayes Make the Same Mistakes Post Succession?

JetBlue Airways Corp. on Thursday named Robin Hayes, its current president and a former British Airways executive, to succeed Dave Barger as CEO, effective February 16, 2015. Investors had expected the transformation, on the grounds that Barger’s contract was about to expire that month and the fact that he had turned blind eye for being […]

NASA Deputy Administrator Tours Blue Origin

Bezos’s Blue Origins to build Rocket Engines for National Security Space Launches

Blue Origin, private spaceflight company backed by e-commerce retail billionaire Jeff Bezos, has entered into a partnership with a Boeing-Lockheed Martin joint venture to supply rocket engines that will launch America’s military and national security satellites. The announcement comes after fellow billionaire Elon Musk revealed developments behind building a rocket and capsule through his Space […]

Airbus Headquarters; Toulouse, France.

Airbus Plans Restructure, Seeks to Sell Defense Units

Airbus Group has revealed plans to simplify its Defense and Space division in order to focus on military aircraft, satellites and space launchers, which has a combined annual revenue of around $2.6 billion, as a part of reorganization efforts which also includes thousands of job cuts. The Blagnac, France-based company will reinforce its remaining portfolio […]

Teague & Nike collaborate to create custom aircraft

NIKE and Design Firm Teague Conceptualize Aircraft Interior for Professional Athletes

Seattle-based Teague, global design consultancy for aviation, and NIKE have collaborated to create an “Athlete’s Plane”, an out of this world pre-and post-game training and treatment facility which could revolutionize the way professional sports teams travel around the world. In a unique collaboration with NIKE, Teague has developed an innovative airplane cabin concept to enhance […]

Dragon is a partially reusable spacecraft developed by SpaceX

SpaceX Picks Texas for World’s First Commercial Rocket-Launch Facility

SpaceX, the space transport services company founded by elite billionaire Elon Musk, will build the world’s first private commercial rocket launch site on a remote beach in South Texas. The announcement comes after 3 years of planning process, which will lead to placing Texas’s role as a space state once the industry evolves, transforming from […]

DOT Proposes Airlines Be More Transparent

DOT Proposes Airlines Be More Transparent About Fees and Other Costs

The Department of Transportation proposed rules on Wednesday that U.S. airlines should disclose ancillary fees for checked baggage, carry-on items and other services to make it easier for passengers to ascertain the actual cost of a ticket. The Transportation Department’s proposed disclosure rules, which build on consumer protections that were issued in December 2009 and […]

Electric Aircraft E-Fan is the latest creation of Toulouse-based Airbus

World’s First Ever Electric Aircraft E-Fan Takes Flight

Airbus’ latest experimental small aircraft E-Fan powered completely by electricity has successfully taken to the skies for its maiden voyage in France. The environment friendly flight took off from an airport close to Bordeaux in south western France and its developers believe that their maiden flight could bring down the cost of air travel by […]

SpaceX files lawsuit against US Air Force

SpaceX files lawsuit against US Air Force over federal rocket contracts

Billionaire tech investor Elon Musk now wants a larger share of the space market and he’s willing to sue the government over the space launch contract. Space Exploration Technologies, Musk’s Hawthorne, California-based rocket company announced Friday that it plans to file a lawsuit against U.S. Air Force over what he sees as a monopoly in […]

(Image Credit: Red Bull)Peter Besenyei flies over the Kaafu Atoll in the Maldives on December 16th, 2011.

Return of the World’s Fastest, Insane and Fiercest Motorsport: Red Bull Air Race World Championship 2014

The Red Bull Air Race World Championship is back in the skies in 2014! The seven-race World Championship is set to stage in six different countries, the first of which was held in Abu Dhabi on February 28, 2014. The sport which was first held in the year of 2003 is since then watched by […]