Christopher Kubasik, chairman, president and CEO of L3 Technologies, said he has seen an increased domestic and foreign interest in communications and sensor technology platforms, Defense News reported Wednesday. The report noted Kubasik also believes winning additional contracts will help drive the New York City-based firm’s goal of becoming what it calls a “non-traditional sixth […] More

BAE Systems has refurbished a flight engineering simulator to help F-35 pilots prepare for flight trials on a new Queen Elizabeth-class aircraft carrier of the U.K. armed forces. The company said Wednesday it updated the simulator previously used for the Harrier jump-jet and Hawk jet trainer in an effort to help British airmen train for flights to and from the U.K. aircraft carrier […] More

Gen. David Goldfein, chief of staff at the U.S. Air Force, has said that he expected a shakeout in the military service’s $16 billion T-X trainer competition launched in late 2016 given the branch’s strategy to procure a new jet fighter training system, National Defense Magazine reported Tuesday. According to the story by Yasmin Tadjdeh, Goldfein told reporters during a meeting in […] More

A new Deltek report says that President Barack Obama’s proposed fiscal 2016 budget reflects the administration’s efforts to increase spending on priority programs across the government. The company has estimated that overall contractor-addressable spending will grow 2 percent to $660 billion in FY 2016 if Congress approves the budget plan, Deltek said Wednesday. Federal spending […] More

A Deloitte analysis of 100 global aerospace firms has showed that commercial aircraft sector profitability jumped 16.3 percent in 2013, while revenues soared 8.9 percent. Global aircraft production last year was 31 percent higher than 2010 output levels and had more than double the production rate of a decade ago, Deloitte said Monday. Industrial output […] More