EXCLUSIVE: Lockheed exits Navy trainer aircraft competition

EXCLUSIVE: Lockheed exits Navy trainer aircraft competition

WASHINGTON — Lockheed Martin has determined to not pursue a competition for a brand new Navy coaching jet, the corporate instructed Breaking Defense. “Following formal notification to the U.S. Navy, Lockheed Martin has decided not to pursue the UJTS [Undergraduate Jet Training System] solicitation after careful analysis,” the corporate stated in assertion. “We will continue…

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Textron, Moog, and Curtiss-Wright Stocks Trade Up, What You Need To Know

Textron, Moog, and Curtiss-Wright Stocks Trade Up, What You Need To Know

Numerous shares jumped within the afternoon session after the de-escalation of Middle East tensions improved the long-term demand forecast for business aviation. As airways see their revenue margins get better on account of decrease gas prices, their potential to finance new, fuel-efficient plane orders will increase. Major aerospace producers are seeing a aid rally as…

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