General Dynamics F-16 Fighting Falcon variants

V2X Announces Strong Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 8, 2023

MCLEAN, Va., Aug. 8, 2023 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) announced second quarter 2023 financial results.

Key Points: 
  • Awarded significant bookings of $2.1 billion, driving backlog +10% sequentially to $13.0 billion
    Reported operating income of $34.3 million; adjusted operating income1 of $70.5 million
    Increasing mid-point of 2023 revenue, adjusted EBITDA1, and adjusted diluted EPS1 guidance
    MCLEAN, Va., Aug. 8, 2023 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) announced second quarter 2023 financial results.
  • "V2X reported strong results in the second quarter with revenue increasing 10.2% year-over-year, on a pro forma basis," said Chuck Prow, President and Chief Executive Officer of V2X.
  • Bookings activity in the quarter was strong at $2.1 billion in awards to V2X.
  • Ms. Lynch continued, "At the end of the quarter, net debt for V2X was $1,176.6 million, a $112 million reduction from the prior quarter.

BAE Systems provides enhanced GPS technology for F-15 Eagle fighters

Retrieved on: 
Thursday, September 8, 2022

BAE Systems has received a $13 million contract for advanced Global Positioning System (GPS) technology to protect U.S. F-15E aircraft from GPS signal jamming and spoofing.

Key Points: 
  • BAE Systems has received a $13 million contract for advanced Global Positioning System (GPS) technology to protect U.S. F-15E aircraft from GPS signal jamming and spoofing.
  • The companys Digital GPS Anti-jam Receiver (DIGAR) will ensure the reliability of military GPS systems for aircraft operating in challenging signal environments.
  • Modern airborne missions require accurate positioning and navigation data, and GPS systems must be able to withstand adversaries best disruption efforts, said Greg Wild, Navigation and Sensor Systems product line director at BAE Systems.
  • BAE Systems work on military GPS technology takes place in Cedar Rapids, where the company is investing more than $100 million to build a 278,000-square-foot, state-of-the-art research and manufacturing center .

Top Aces Announces Military Flight Release for F-16 Advanced Aggressor Fighter

Retrieved on: 
Tuesday, August 16, 2022

MESA, Ariz., Aug. 16, 2022 /PRNewswire-PRWeb/ -- Top Aces Corp., a leading provider of advanced adversary training and the only company in the world to own and operate the F-16 commercially, today announced receipt of Military Flight Release (MFR) from the United States Air Force (USAF) for its F-16 Advanced Aggressor Fighter (AAF) aircraft.

Key Points: 
  • MESA, Ariz., Aug. 16, 2022 /PRNewswire-PRWeb/ -- Top Aces Corp., a leading provider of advanced adversary training and the only company in the world to own and operate the F-16 commercially, today announced receipt of Military Flight Release (MFR) from the United States Air Force (USAF) for its F-16 Advanced Aggressor Fighter (AAF) aircraft.
  • MFR allows Top Aces' F-16 AAFs, the most sophisticated adversary air platform on the market today, to immediately begin supporting USAF flight training programs.
  • Equipped with Top Aces' proprietary Advanced Aggressor Mission System (AAMS), the F-16 AAF replicates near-peer adversary fighter aircraft.
  • Visit Top Aces at booth 1714 to learn more about the most advanced adversary capabilities currently serving the US Department of Defense.

GEICO Skytypers Air Show Team Performs for the First Time at the Great Pocono Raceway Air Show

Retrieved on: 
Monday, August 16, 2021

LONG POND, Pa., Aug. 16, 2021 /PRNewswire/ --The GEICO Skytypers Air Show Team will make a first-time appearance during the Great Pocono Raceway Air Show on August 21-22 at the Pocono Raceway in Long Pond, PA.

Key Points: 
  • LONG POND, Pa., Aug. 16, 2021 /PRNewswire/ --The GEICO Skytypers Air Show Team will make a first-time appearance during the Great Pocono Raceway Air Show on August 21-22 at the Pocono Raceway in Long Pond, PA.
  • The squadron of six World War II-era aircraft will perform their dynamic aerobatic precision flying demonstration twice during the weekend.
  • "We're especially excited to perform for the first time for air show spectators attending the Great Pocono Raceway Air Show," says team flight lead Larry Arken.
  • The team also creates giant skytyped messages utilizing a unique technology only used by a few organizations in the world.

Red 6 Wins U.S. Air Force Contract Worth Up To $70 Million For Augmented Reality System

Retrieved on: 
Monday, August 16, 2021

The SBIR Phase III sole source award will enable Red 6 to pursue the commercialization of Red 6's augmented reality platform.

Key Points: 
  • The SBIR Phase III sole source award will enable Red 6 to pursue the commercialization of Red 6's augmented reality platform.
  • "This award is indicative of Red 6's commitment to deliver training solutions for the defense community," said Daniel Robinson, Founder and CEO of Red 6.
  • Red 6 was founded in 2018 by Daniel Robinson, Glenn Snyder and Nick Bicanic and is the creator of Airborne Tactical Augmented Reality System (ATARS).
  • ATARS is the first wide field-of-view, full color demonstrably proven outdoor augmented reality solution that works in dynamic outdoor environments.

Pratt & Whitney's F100 Engine Program Reaches 28 Million Engine Flight Hours

Retrieved on: 
Monday, July 16, 2018

FARNBOROUGH AIR SHOW, July 16, 2018 /PRNewswire/ -- Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), today announced that its F100 engine, which powers Boeing's F-15 Eagle and Lockheed Martin's F-16 Fighting Falcon, has reached 28 million engine flight hours.

Key Points: 
  • FARNBOROUGH AIR SHOW, July 16, 2018 /PRNewswire/ -- Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), today announced that its F100 engine, which powers Boeing's F-15 Eagle and Lockheed Martin's F-16 Fighting Falcon, has reached 28 million engine flight hours.
  • The F100 was the first engine to power both the F-15 Eagle and the F-16 Fighting Falcon.
  • In addition, Pratt & Whitney has placed the F100 at the forefront of fighter engine development.
  • "The F100 program's achievement of reaching 28 million engine flight hours powering the F-15 and F-16 is a testament to the Pratt & Whitney team and our proven legacy of fighter engine technology," said Matthew Bromberg, president of Pratt & Whitney Military Engines.

Lockheed Martin Awarded Contract to Build F-16 Block 70 Aircraft for Bahrain

Retrieved on: 
Monday, June 25, 2018

FORT WORTH, Texas, June 25, 2018 /PRNewswire/ --Lockheed Martin (NYSE: LMT) received a $1.2 billion contract from the U.S. government to produce 16 new F-16 Block 70 aircraft for the Royal Bahraini Air Force.

Key Points: 
  • FORT WORTH, Texas, June 25, 2018 /PRNewswire/ --Lockheed Martin (NYSE: LMT) received a $1.2 billion contract from the U.S. government to produce 16 new F-16 Block 70 aircraft for the Royal Bahraini Air Force.
  • The Undefinitized Contract Action award represents the first F-16 Block 70 sale and the first F-16 production program to be performed in Greenville, South Carolina.
  • The Kingdom of Bahrain is the first customer to procure the F-16 Block 70, the newest and most advanced F-16 production configuration.
  • "We value our long-standing relationship with the Kingdom of Bahrain and look forward to beginning production activities on their first Block 70 aircraft at our facility in Greenville," said Susan Ouzts, vice president of Lockheed Martin's F-16 Program.