Aerospace News

Aerospace company faces safety fines
An Eastford aerospace manufacturer faces nearly $140,000 in federal fines for alleged violations of chemical, mechanical, electrical and other hazards.

Midday Glance: Aerospace companies
NEW YORK (AP) — Shares of some top aerospace companies are mixed at 1 p.m.: Boeing fell $.98 or 1.4 percent, to $67.64. Goodrich fell $.28 or .4 percent, to $71.91. Northrop Gruman rose $.49 or .8 percent, to $58.63. Raytheon rose $.20 or .4 percent, to $48.51.

BE Aerospace Q2 Profit Rises; Boosts Full-Year Earnings Outlook – Update
Aircraft cabin interior products maker B/E Aerospace (BEAV) Tuesday reported higher second-quarter profit, with 1.9% revenue growth, driven by higher commercial aircraft segment revenues. The company raised its full-year earnings outlook.

Aerospace Solutions snares contract; doubles staff
Phoenix aerospace staffing firm to hire as many as 50 after U.S. Navy contract award

Beaver Aerospace & Defense Introduces Life Extension Kit for Patriot Missile Outrigger …
Livonia, Michigan – Beaver Aerospace & Defense, Inc., a global leader in the design and manufacturing of unique and broad-range actuation technologies, has designed a life extension kit for J16116 Outrigger Actuators used on the Patriot Missile launch and radar trailers. The kit consists of a stainless steel ball screw, improved seals and bearings to provide longer life by eliminating corrosion …

Waha Aerospace sells $1.5 bln of bonds – source
NEW YORK, July 21 (Reuters) – Waha Aerospace BV sold $1.5 billion of amortizing bonds in the 144a private placement market, said a market source familiar with the sale on Wednesday.

Cascade Aerospace selling Spokane operation – Mon, 19 Jul 2010 PST
Cascade Aerospace is selling its Spokane International Airport operation less than two years after opening the hangar doors with the help of $2 million in state loans and grants.

NRC Aerospace Contracts Eagle Copters Ltd. to Re-engine Its Bell 412 Fly-by-Wire Helicopter
Farnborough, UK, July 19, 2010 The National Research Council Canada Institute for Aerospace Research (NRC Aerospace Booth H4/C19c) has contracted with Calgary-based Eagle Copters Ltd. to replace the engines in their Bell 412 HP Advanced Systems Research Aircraft (ASRA) with a Pratt and Whitney PT6T-9 Twin-Pac.

Magellan Aerospace Praises the Canadian Government Decision to Proceed with the Joint Strike Fighter Program
Magellan Aerospace commends the Government of Canada for its decision to proceed with the Joint Strike Fighter program as the choice for Canada’s future fighter aircraft. This decision conveys the government’s commitment that the JSF F-35 aircraft is the right aircraft for Canada to replace the CF18 fleet toward the end of the decade.

Aerospace Corp. names ambassador to its board
The Aerospace Corp., the El Segundo-based adviser to the Air Force on satellite and launch vehicle programs, said Tuesday that its board of trustees elected Ambassador Barbara Barrett to the board.