The gap between the market values of commercial aerospace and defense and government services companies narrowed during 2015’s second quarter, according to a Bluestone Capital Partners report. The investment banking firm said it found the number of government services transactions rose 28 percent year-to-date and an improvement in public company valuations helped drive initial public […] More

Lockheed Martin has partnered with Terma to implement a critical infrastructure protection system at an Owego, New York, facility run by Lockheed’s mission systems and training unit. Terma said Tuesday its T.react surveillance platform will work to help Lockheed security personnel to monitor any internal and external threats along the building’s perimeter. The CIP technology […] More

Research and Markets predicts that the global aerospace market will be worth $352.5 billion within 10 years due to changing technologies, high replacement rates, increased aircraft size and growing population of high-net-worth individuals. The company said Thursday its new “Global Aerospace Market Trends and Forecast: 2014-2033” report analyzes emerging trends, drivers for growth and the competitive landscape, and includes market forecasts […] More

Iridium Communications‘ OpenPort broadband service will operate with Thales‘ LiveAero systems to provide Bristow Helicopters‘ Sikorsky S-92 aircraft with broadband voice and data connectivity functions to support search-and-rescue missions. The companies said Tuesday that the combination of OpenPort and LiveAero aims to help facilitate in-flight care and triage functions such as real-time exchange of electronic patient data with on-ground medical teams. Bristow plans to deploy this mobile […] More

Pratt & Whitney‘s Shanghai Engine Center hosted a visit from U.S. Ambassador to China Max Sieben Baucus, who inspected the facility and met with executives from United Technologies Corp.‘s subsidiaries and joint venture partner. The UTC subsidiary said Wednesday the center houses its Shanghai Pratt & Whitney Aircraft Engine Maintenance Company venture with China Eastern Airlines. “It was a […] More

The Defense Advanced Research Projects Agency will start evaluating four proposed vertical-takeoff-and-landing aircraft designs by the end of next month, IHS Janes’s 360 reported Wednesday. Gareth Jennings writes that Brian Ritter, a program manager at Boeing, told reporters Tuesday that DARPA will review VTOL X-Plane prototypes from Boeing, Aurora Flight Sciences, Karem and Sikorsky. DARPA […] More