SpeedNews

LOCKHEED MARTIN had $1.7b net income on $16.7b sales in 2Q23 vs $309m on $15.4b in 2Q22; it ended quarter with record $158b backlog. It delivered 60 aircraft/rotorcraft (45 F-35s/four C-130Js/11 helicopters) vs 71 (35/six/30) a year ago.
Defense

ALLFLIGHT, WA announced upgrades to its vacuum chamber and CNC lathe machine for enhanced precision work on intricate aircraft components.
Aerospace

Zach Lovering to Vice President of Engineering of Elroy Air, San Francisco.
Aerospace

Alex Blake to Chief of Staff of Elroy Air, San Francisco.
Aerospace

ONTIC was licensed by Honeywell to deliver, repair, and perform upgrades to MCS-4000/7000/4200/7200 Multi-Channel SATCOM (MCS) systems.
Aerospace

REX

GERMANY signed LOA to procure 60 CH-47F Block II Chinook helicopters from Boeing (FMS deal) in 2027-2033.
Defense