The aerospace and defense (A&D) industry achieved record revenue and profits in 2012 on the strength of a surging commercial aviation market. Industry revenue and operating profit increased 2% and 4%, respectively. Median Top-Performing Companies (TPC) scores for the largest A&D companies improved to their highest levels since 2007, the year before the Great Recession. Mid-size company scores were flat, but remained at historic highs, and smaller company scores dropped considerably, after a brief peak last year.
NASA’s Wallops Incident Response Team has reported on its initial assessment following the catastrophic failure of Orbital Science’s Antares rocket shortly after liftoff on Oct. 28, from Pad 0A of the Mid-Atlantic Regional Spaceport at NASA’s Wallops Flight Facility in Virginia....More
Polish Deputy Prime Minister and Defense Minister Tomasz Siemoniak and German Defense Minister Ursula von der Leyen signed a statement of intent to increase Polish-German army cooperation on the fringes of the annual Bundeswehr conference in Berlin on 29 October.
German Ministry of Defense photo by Thomas Imo...More
The Euronaval show in Paris this week is not one where one expects to see demonstrations of people wearing strange electronic gadgets and sensors. That is usually reserved for homeland security shows such as Milipol or air-land shows such as Eurosatory....More