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The Lead

Industrial Growth: What’s Next For GE In 2015

December 16, 2014 5:04 pm | by GE Reports | News | Comments

Each December, GE Chairman and CEO Jeff Immelt gives investors insight into what the New Year will look like. In some ways, it will resemble 2014. His goal is to keep steering the company to a place where 75 percent of earnings come from GE’s core industrial businesses and 25 percent from its financial arm, GE Capital. Over the...

Lockheed Martin To Settle Suit

December 16, 2014 4:55 pm | by Jim Suhr, The Associated Press | News | Comments

Lockheed Martin Corp. has agreed to settle a class-action lawsuit accusing the aerospace and...

Boeing 737 Factory To Use All Clean Energy

December 16, 2014 2:21 pm | by The Associated Press | News | Comments

Boeing says it plans to switch to all renewable energy at the factory in Washington state where...

MC Industrial To Construct Boeing Composite Facility Expansion

December 16, 2014 11:04 am | News | Comments

St. Louis-based MC Industrial, Inc., an independent McCarthy company, has been chosen to...

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How Many American Homes Can Boeing's New Jet Power?

December 16, 2014 9:36 am | by GE Reports | Articles | Comments

There are many luxuries that separate first class fliers from their fellow travelers going coach in the back of the plane, but in-flight entertainment isn’t one of them. The personal multiple-choice video screen standard on most long-haul flights has democratized the passenger deck and allowed anyone to binge on Big Bang...

Alcoa Buying Tital To Help Expand Aerospace Unit

December 15, 2014 12:09 pm | by The Associated Press | News | Comments

Alcoa is buying a titanium and aluminum structural castings company, Tital, to help expand its global aerospace business. Financial terms were not disclosed. Alcoa, which is based in New York with key operations in Pittsburgh, has been shifting from mining and smelting aluminum to making products that...

Airline Stocks Rise As Oil Price Lift Outlook

December 11, 2014 1:05 pm | by The Associated Press | News | Comments

Shares of major U.S. airlines rose Thursday amid more signs that cheaper fuel will turn into a windfall for the carriers. Delta Air Lines Inc. said that its pretax income will jump to more than $5 billion in 2015, up from an estimated $4.5 billion this year and nearly double the 2013 gain. At current fuel...

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Senator's Family Sues Manufacturers In Plane Crash

December 10, 2014 2:36 pm | by The Associated Press | News | Comments

The family of a U.S. senator whose son was killed in a plane crash is seeking damages from the aircraft's manufacturers in a negligence lawsuit. The lawsuit filed Tuesday says the 2013 crash that killed Perry Dyson Inhofe II was due to manufacturers not providing proper maintenance on the...

Air Fares Dipping Thanks To Oil Slump

December 10, 2014 2:16 pm | by John Heilprin, Associated Press | News | Comments

Flying could get cheaper next year as airlines say they will finally start passing on some of the savings made on plummeting oil prices. Carriers are forecasting record profits for 2015 thanks to cheaper fuel and rising demand. As a result, they expect to cut the average ticket price by 5 percent in 2015, excluding...

U.S. Issues Commercial Drone Permits To 4 Companies

December 10, 2014 2:10 pm | by Joan Lowy, The Associated Press | News | Comments

Under pressure from Congress to speed access to U.S. skies for commercial drones, the government granted four companies permission Wednesday to use drones for aerial surveillance, construction site monitoring and oil rig flare stack inspections. The new permits bring the total number of...

Meet The Jet Engine Powering A $22B GE Business

December 10, 2014 10:32 am | by GE Reports | News | Comments

What is the most disruptive idea since the Wall Street Crash of 1929? Bloomberg Businessweek, which turned 85 this fall, picked one idea for every year it’s been publishing, and the jet engine soared to the top of the list, above “The Pill,” Google search, television, e-mail and microchips...

Lockheed Martin-Built Orion Spacecraft Takes First Steps With Successful Test Flight

December 5, 2014 1:54 pm | by The Associated Press | News | Comments

The Lockheed Martin-built Orion spacecraft gently splashed down into the waters of the Pacific Ocean at 11:29 a.m. EST this afternoon, completing the first test flight of NASA's deep space exploration capsule. After a successful launch from Cape...

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Boeing Conducts World's First Flight With 'Green Diesel'

December 4, 2014 1:58 pm | by The Associated Press | News | Comments

Boeing has completed the world's first flight using "green diesel," a sustainable biofuel that is widely available and used in ground transportation. The company powered its ecoDemonstrator 787 flight test airplane yesterday with a blend of 15 percent green diesel and...

Japanese Space Explorer To Blow Crater In Asteroid

December 3, 2014 2:07 am | by The Associated Press | News | Comments

A Japanese space explorer took off Wednesday on a six-year journey to blow a crater in a remote asteroid and bring back rock samples in hopes of gathering clues to the origin of earth. The explorer, named Hayabusa2, is expected to reach the asteroid in mid-2018, spend about 18 months studying it...

Europe Agrees To Fund Ariane 6 Orbital Launcher

December 2, 2014 12:01 pm | by The Associated Press | News | Comments

European governments have agreed to fund the development of Ariane 6, a next-generation rocket that will be used to launch satellites into orbit. The decision taken Tuesday at a ministerial meeting in Luxembourg comes as the European Space Agency faces increasing competition from...

NTSB Points To Battery Defect In Boeing 787 Fire

December 1, 2014 2:08 pm | by Joan Lowy, The Associated Press | News | Comments

A report by federal accident investigators points to a manufacturing defect as the likely cause of an internal short circuit that led to a battery fire in a Boeing 787 airliner parked at Boston's airport last year. The National Transportation Safety Board report released Monday says an inspection...

NASA's 3D Printer Churns Out First Part In Space

November 26, 2014 12:01 pm | by Marcia Dunn, AP Aerospace Writer | News | Comments

The first 3D printer in space has popped out its first creation. The 3D printer delivered to the International Space Station two months ago made a sample replacement part for itself this week. It churned out a new faceplate for the print head casing. Space station commander Butch Wilmore...

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FAA Chief: Disaster Response Depends On Funding

November 25, 2014 10:04 am | by The Associated Press | News | Comments

The Federal Aviation Administration outlined steps Monday to improve its security and air traffic control backup systems following the sabotage of a suburban Chicago air traffic control center that disrupted travel nationwide — but said widespread upgrades will require money from...

Robots To Fly Planes Where Humans Can't

November 25, 2014 9:50 am | by Reuters | Videos | Comments

Researchers in South Korea are developing a robotic pilot that could potentially replace humans in the cockpit. Unlike drones and autopilot programs which are configured for specific aircraft, the robots' humanoid design will allow it to fly any type of plane with no additional sensors...

How Aerospace & Defense Manufacturers Are Finding Value Through Weaving The Digital Thread

November 24, 2014 3:09 pm | by Greg Goodwin | News | Comments

New technologies can be daunting, particularly in Aerospace and Defense (A&D) manufacturing where the demands on quality, budget, and timely delivery are so high. With such a high value attached to data security and production downtime, manufacturers need to make sure that...

Crew Blasts Off For International Space Station

November 23, 2014 5:05 pm | by The Associated Press | News | Comments

A Russian capsule carrying three astronauts from Russia, the United States and Italy has blasted off for the International Space Station. The Soyuz capsule roared into the pre-dawn darkness just after 3 a.m. Monday (2100 GMT Sunday) from the Russian manned space facility in Baikonur, Kazakhstan. ...

NM Lawmakers Grill Spaceport Boss

November 21, 2014 10:08 am | by Susan Montoya Bryan, Associated Press | News | Comments

Lawmakers demanded more details Thursday about how the New Mexico Spaceport Authority plans to succeed now that the nearly quarter-billion-dollar Spaceport America stands empty and commercial fights by anchor tenant Virgin Galactic have been delayed indefinitely. Members of a legislative finance...

GE Appoints Four New Officers

November 21, 2014 9:52 am | by The Associated Press | News | Comments

GE announced today the appointment of four new Company officers. GE has 196 officers globally who lead large revenue-generating businesses or are in critical technology or functional roles, helping to drive growth. Harel Kodesh, 56, has been named...

Commercial Drones Set To Soar

November 20, 2014 11:56 am | by GE Reports | News | Comments

Starting in the late 1980s, the Pentagon launched a top-secret constellation of two-dozen navigation satellites designed to guide U.S. nuclear missiles precisely to their targets. Then the Cold War ended, the technology shed the uniform, and put on civilian clothes. We know it as the...

VA To Re-Examine Spaceport Deal After Explosion

November 20, 2014 10:37 am | by The Associated Press | News | Comments

Virginia officials plan to re-examine a spaceport deal with Orbital Sciences Corp. following a rocket explosion that damaged a state-owned launch pad.Gov. Terry McAuliffe's administration may seek to renegotiate a memorandum of understanding and launch services agreement...

US: Government Aircraft Regulations Apply To Drones

November 18, 2014 12:10 pm | by Joan Lowy, Associated Press | News | Comments

The U.S. government has the power to hold drone operators accountable when they operate the remote-control aircraft recklessly, a federal safety board ruled Tuesday in a setback to small drone operators chafing under Federal Aviation Administration restrictions. The FAA had fined Raphael Pirker, an aerial...

New Research Center Will Take 3D Printing To The Next Level

November 18, 2014 11:47 am | by GE Reports | News | Comments

On October 6, a Boeing 747 modified for testing jet engines taxied along a concrete runway on the edge of the Mojave Desert and took off with a brand new engine strapped to its left wing. Although the engine’s maiden flight was short, it made aviation...

Why Airfare Keeps Rising Despite Lower Oil Prices

November 17, 2014 1:44 pm | by Scott Mayerowitz, AP Airlines Writer | News | Comments

Planes are full. Passengers clamor for amenities. Investors want a payout. New planes are on order. Those are all reasons the airlines likely won't be passing their recent savings on fuel along to fliers in the form of lower fares. In fact, fares are going higher. And those bag fees that airlines instituted...

Camera Used In Space Missions Sold For $275K

November 14, 2014 1:09 pm | by The Associated Press | News | Comments

The first Hasselblad camera body and Zeiss lens taken into space more than a half-century ago has been sold at auction for $275,000. The camera was reportedly purchased by astronaut Wally Schirra at a Houston photo supply shop in 1962 and carried into orbit aboard the Mercury-Atlas 8 and 9...

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