Airbus to increase A330 production rate to ten a month

Unprecedented demand for Airbus' best-selling long range aircraft family
3 February 2011 Press Release

Airbus has decided to raise the production rate for its A330 Family to ten aircraft a month from the second quarter of 2013.

Currently Airbus turns out eight A330 Family aircraft each month. This monthly rate will increase to nine in early 2012, before reaching rate ten in the second quarter of 2013.

"We are increasing the production rate for the A330 Family due to the strong market demand for the aircraft," said Tom Williams, Airbus' Executive Vice President Programmes. "In the long-range, mid-size category, the A330 is the right aircraft for airlines worldwide".

The A330 is not only a bestseller as a passenger airliner but also as a Multi Role Tanker Transport (MRTT) aircraft, as a VIP aircraft and also as a freighter.

The A330 MRTT achieved civil and military certification in 2010. Currently five are flying with a further four undergoing conversion. Delivery of the first two aircraft to the Royal Australian Air Force (RAAF) is in the final stages. It is planned to deliver five A330 MRTTs to three customers in the course of this year.

2010 has also seen five deliveries of the brand new freighter variant to three customers as a first step towards satisfying a market of some 400 new build mid-size freighters over the next 20 years.

The reliable and efficient A330 is one of the most widely used widebody aircraft in service today, with one taking off each minute every day. To date, Airbus has won over 1,100 orders for the different models of the aircraft. Some 750 A330s have already been delivered and the aircraft is currently flying with 90 operators worldwide in 50 countries.

PR

Rise of the “Blimps”: Northrop Grumman's LEMV Program Completes Critical Design Review

Analysis by Defence Industry Daily Here: http://www.defenseindustrydaily.com/Rise-of-the-Blimps-The-US-Armys-LEMV-06438/


Press Release Below_


Fourth Major Milestone Completed; Next Major Milestone is Hull Inflation

MELBOURNE, Fla., BETHPAGE, N.Y., and LONDON – Feb. 1, 2011 – Six months after signing the Long Endurance Multi-Intelligence Vehicle (LEMV) agreement with the U.S. Army to build three airships with 21-day persistent intelligence, surveillance and reconnaissance (ISR) capability, Northrop Grumman's (NYSE:NOC) LEMV program team has completed its Critical Design Review (CDR). This is the fourth major milestone achieved by the program since contract award.

"The entire U.S. Army/Northrop Grumman LEMV industry team has done an outstanding job working through a very aggressive development schedule to achieve all of these important milestones. The CDR provided an in-depth review of the complete system design of the program giving us the opportunity to assess where we are in our development and air vehicle production. It went very well," said Alan Metzger, Northrop Grumman vice president and integrated program team leader of LEMV and airship programs. "The entire team has been collaborating and remains very focused on meeting our objective of delivering this powerful capability into the hands of our combat commanders as soon as possible."


"There are three upcoming major milestones in the next 10 months," Metzger said, "We'll have hull inflation in the spring and first flight of the airship test article by mid-to-late summer. Upon completion of the development ground and flight testing phase, we expect to transition to a government facility and conduct our final acceptance long endurance flight just before year's end. In early 2012, LEMV will participate in an Army Joint Military Utility Assessment in an operational environment," he added. "As you can imagine, it's a very aggressive schedule to deliver from concept-to-combat in this time period."

Under the June 2010 agreement, awarded by the U.S. Army Space and Missile Defense Command/Army Forces Strategic Command, Northrop Grumman will design, develop and test a long-duration hybrid airship system all within an 18-month time period.

"The power of the LEMV system is that its persistent surveillance capability is built around Northrop Grumman's open architecture design, which provides plug-and-play payload capability to the warfighter and room for mission growth," Metzger said. "The system rapidly accommodates next-generation sensors as emerging field requirements dictate and will provide increased operational utility to battlefield commanders. Today, our system readily integrates into the Army's existing Universal Ground Control Station and Deployable Common Ground System command centers and ground troops in forward operating bases.

"Beyond the value of seamless interoperability, the LEMV system provides a high level of fuel efficiency to the user community—a crucial part of life cycle logistics and support in theatre.  While LEMV is longer than a football field and taller than a seven-story building, it utilizes approximately 3,500 gallons of fuel for the air vehicle to remain aloft for a 21-day period of service, that's approximately $11,000 at commercial prices," Metzger added.

Northrop Grumman's industry team includes Hybrid Air Vehicles, Ltd. of the United Kingdom, Warwick Mills, ILC Dover, AAI Corporation, SAIC and a team of technology leaders from 18 U.S. states and three countries. In addition to leading the program, Northrop Grumman leads the system integration, and flight and ground control operations for the unmanned vehicle to safely take off and land in worldwide operations.

Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide. Please visit www.northropgrumman.com



PR

New HawkEye! Northrop Grumman's E-2D Advanced Hawkeye Completes First Carrier Landing Aboard USS Truman

Defense Industru Daily  Analysis: http://www.defenseindustrydaily.com/e-2d-hawkeye-the-navys-new-awacs-03443/




NorthropGrumman's Press Release below



BETHPAGE, N.Y., Feb. 3, 2011 (GLOBE NEWSWIRE) -- The Northrop Grumman Corporation (NYSE:NOC) -built E-2D Advanced Hawkeye, the U.S. Navy's newest airborne early warning and command and control aircraft, has landed on the USS Harry S. Truman (CVN 75) and begun carrier suitability testing.


With 99 percent of radar testing complete, the purpose of this phase of testing is to assess the aircraft's effectiveness in an operational environment. While onboard the Truman, all aspects of aviation/ship integration will be addressed, including logistics, manpower and interoperability, as well as catapult and arrested landing structural tests.

"This first landing of an E-2D Advanced Hawkeye on a carrier deck is a very proud moment for the entire Hawkeye team," said Jim Culmo, vice president, Airborne Early Warning & Battle Management Command and Control Programs, Northrop Grumman. "We're one step closer to delivering this revolutionary weapon system to the warfighter, a milestone the team has been working towards since Delta One took to the skies for the first time in August 2007. As the Navy kicks off its Centennial of Naval Aviation next week, Northrop Grumman continues to be committed to providing this critical first line of defense well into the 21st century."

Led by U.S. Navy Air Test and Evaluation Squadron 20 (VX-20), testing is being conducted by an integrated test team consisting of Northrop Grumman and Navy pilots and maintainers. The aircraft that made the first carrier landing is "Delta One," the first E-2D Advanced Hawkeye to roll off Northrop Grumman's manufacturing line in St. Augustine, Fla.

The new aircraft will be able to scan a larger area, detect smaller objects and process information more quickly than its predecessor. The aircrews will be able to accomplish these tasks through improved all-glass cockpits and tactical operator stations.

"This new platform features state-of-the-art radar with a two-generation leap in capability and upgraded aircraft systems," said U.S. Navy Capt. Shane Gahagan, Hawkeye, Advanced Hawkeye and Greyhound Program Office. "The E-2D continues the Navy's integrated war fighting legacy by providing broad area coverage resulting in increased range capabilities. With the E-2D's enhanced ability to work in the littoral areas and over land, the platform provides a critical capability to protect our nation's interests."

Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.


PR

Boeing Marks a Milestone With Rollout of 1,000th 767

EVERETT, Wash., Feb. 2, 2011 /PRNewswire/ -- Boeing (NYSE: BA) marked a proud moment in the company's history today at a ceremonial rollout of the 1,000th 767 airplane. Hundreds of current employees, joined by Boeing retirees who worked on the first 767, gathered to celebrate the occasion at the Everett, Wash., factory.

"It was great to see so many people here today – the engineers, the technicians, the machinists – who have made the 767 the wonderful airplane it is," said Jim Albaugh, president and CEO of Boeing Commercial Airplanes. "As we salute the 1,000th 767, the next 767 is already being built in a new bay where we can produce airplanes much more efficiently for years to come. We hope many of the new 767s will become U.S. Air Force tankers built right here."

The 1,000th airplane is a 767-300ER (extended range) passenger model for ANA (All Nippon Airways) and was the final 767 to complete assembly on the current production line. Final production work already is underway on the 1,001 unit in a new, smaller bay that repositions the production line toward a leaner, more efficient operation.

Today's milestone is a chance for the 767 family to celebrate its past, present and future showcased in this video.  

Boeing has offered the 767 as the platform for its NewGen Tanker if it wins the U.S. Air Force KC-X Tanker competition. A decision on the contract award is expected early this year.  

The 767 family is a family of clean, quiet, fuel-efficient airplanes that provide maximum market versatility in the 200- to 300-seat market. The 767 family includes three passenger models – the 767-200ER, 767-300ER and 767-400ER – and a medium-widebody freighter, which is based on the 767-300ER fuselage.

Boeing

Boeing, Comair Limited Announce Next-Generation 737 Order

OHANNESBURG, Feb. 2, 2011 /PRNewswire/ -- Boeing (NYSE: BA) and Comair Limited today announced an order for eight Next-Generation 737-800s complete with the innovative new Boeing Sky Interior. Comair will use its new 737s to update the fleet of Comair's low-fare airline, kulula.com. The airplanes are valued at approximately $646 million at current list prices. The order previously was attributed to an unidentified customer on Boeing's orders and deliveries website.

Launched in 2001 as South Africa's first low-fare carrier, kulula.com currently operates an all-Boeing fleet of ten 737s, including three leased 737-800s. Comair also operates as a franchise partner of British Airways, with thirteen 737 airplanes flying domestically in South Africa and regionally in Southern Africa.

"The purchase of new Boeing 737-800s is historic for our company and gives all our 1,800 staff a great feeling of pride," said Gidon Novick, joint CEO of Comair Ltd. "The new fleet is an essential part of our efficiency drive, which will not only give us a cost leadership position in our industry, but also provide our customers with exceptional levels of reliability and comfort with the spacious new interior."

In addition to its 737-800 order, Comair is purchasing the Maintenance Performance Toolbox from Boeing Commercial Aviation Services. The Maintenance Performance Toolbox improves an airline's fleet efficiency by integrating manufacturer and customer documentation, use of intelligent graphics, cross-document searching and linking aircraft fault data to specific maintenance actions. It also provides a comprehensive structural repair history for each airplane while reducing the time needed to find tail-specific technical information in time-critical situations, such as line maintenance troubleshooting and dispatch.

"Comair is an amazing success story, as this airline company has posted operating profits each year since it was founded in 1946," said Marlin Dailey, vice president of Sales and Marketing for Boeing Commercial Airplanes. "Today's order demonstrates the value the 737-800 has already brought to its fleet and the confidence Comair has in this airplane."

Today's operators fly 737s that are 5 percent more fuel-efficient than the first Next-Generation 737s delivered in 1998, and another 2 percent improvement is on the way. Boeing's performance improvement package, now being certified, will boost Comair's fuel efficiency a further 2 percent through aerodynamic and engine changes.

Among the airlines that recently transported thousands of fans and football players throughout South Africa for the World Cup, Comair operates nearly 800 flights each week on its South African and regional routes.

Boeing

500 horas de vuelo del Eurofighter IPA4

El primer Eurofighter monoplaza de producción instrumentado (IPA4) ha completado 500 horas de vuelo en las instalaciones de Cassidian España en Getafe.

El primer Eurofighter monoplaza de producción instrumentado (IPA4) ha completado 500 horas de vuelo en las instalaciones de Cassidian España en Getafe. Este avión introduce la tecnología más avanzada en el programa Eurofighter para su calificación y posterior puesta en servicio en las flotas de las naciones, después de pasar por una actualización funcional desde su estándar original de Trancha 1 al más moderno de Trancha 2, que puede servir de modelo para una potencial actualización de las flotas de Trancha 1 de las naciones, incrementando sustancialmente sus capacidades.

Los planes de ensayos contemplan vuelos en los que se verifican las funcionalidades de comunicaciones y MIDS (sistema de "data link" o enlace de datos con otros elementos cooperantes del escenario de combate), así como ensayos de integración y lanzamiento de armamento aire-superficie.

Enrique Barrientos, CEO de Cassidian España y miembro del Board of Directors de Eurofighter, ha comentado: "Es un nuevo hito del programa Eurofighter en España que se traduce en la evolución de los sistemas hacia nuevas capacidades al servicio de nuestros clientes".

EADS

APES 0033

El Centro Aeroespacial Alemán apuesta por la proyección tridimensional

 

El Centro Aeroespacial Alemán de Oberpfaffenhofen apuesta por la proyección tridimensional

 

Con la ayuda de dos proyectores Christie, los pilotos aprenden a volar en el Instituto de Robótica y Mecanotrónica. Durante una jornada de puertas abiertas, los visitantes tuvieron la oportunidad de sentarse ante la palanca de mando.

 

El DLR Deutsche Zentrum für Luft- und Raumfahrt (Centro Aeroespacial Alemán) es el centro de investigación para la aeronáutica y astronáutica de la República Federal de Alemania. Sus trabajos de desarrollo e investigación global en el campo de la aeronáutica, la astronáutica, la energía y el transporte están vinculados a la cooperación dentro y fuera de Alemania. Además de su labor investigadora, el gobierno federal alemán ha encargado al centro DLR la planificación e implementación de los intereses alemanes en el campo de los viajes espaciales.

 

La cartera de investigación del DLR abarca desde investigaciones básicas hasta innovadoras aplicaciones y productos de futuro, y dirige importantes laboratorios de investigación donde desarrolla sus propios proyectos, además de ofrecer servicios a clientes y socios. El DLR cuenta con un total de 6.700 empleados repartidos por diversos puntos de la geografía alemana y dispone de varias oficinas ubicadas en Bruselas, París y Washington D.C.

 

Con carácter habitual, el DLR funciona como un centro de máxima seguridad ubicado en la localidad alemana de Oberpfaffenhofen, cuyo acceso sólo es posible a través de rigurosos controles de seguridad. Sin embargo, el Instituto acaba de organizar una jornada de puertas abiertas que, a pesar de la lluvia y el frío, atrajo a miles de personas que no quisieron perderse la oportunidad de ver en persona el centro de alta tecnología.

 

Uno de los centros de investigación que suscitó más interés fue el Instituto de Robótica y Mecanotrónica, dirigido por el profesor Gerhard Hirzinger, donde investigadores y técnicos trabajan mano a mano para desarrollar soluciones a diversas tareas que requieren de la sensibilidad táctil de las máquinas.

 

Por ejemplo, un guante que permite controlar con absoluta precisión las pinzas de un brazo robótico. En Oberpfaffenhofen ya se han desarrollado algunos avances en robots directamente controlables con precisión a través de nuestras propias ondas cerebrales. Y esto es sólo el principio, ya que cada vez son más los desarrollos logrados en este centro.

 

El profesor Hirzinger es un investigador innovador, que ha hecho realidad infinidad de proyectos de investigación que han facilitado el desarrollo de muchos productos y avances de excelente aplicación, no sólo en el espacio, sino también en la tierra.

 

No es de extrañar, por tanto, que la sala de los robots fuera una de las más visitadas por los asistentes, que también pudieron disfrutar de las enormes imágenes proyectadas gracias a la pantalla de 12,30 x 6,75 metros suspendida por encima de la cabeza de los asistentes y fácilmente visible desde cualquier ángulo de una sala repleta de público. Además de la tecnología robótica, la sala también incluye un simulador de vuelo para entrenar a los pilotos.

 

Para ello se utilizaron dos unidades Christie Roadster HD18K equipadas con unos filtros especiales de polarización, de cuyo montaje se ocupó la empresa TMP Mediagroup, bajo la dirección de Manfred Reich. Durante 14 días, cuatro técnicos se desplazaron hasta el centro para hacer realidad este excepcional sistema tridimensional. Así pues, en este simulador los pilotos aprenden a volar utilizando gafas 3D a aceleraciones de hasta 12G (nótese que un único 1G equivale a 9,81 metros por segundo al cuadrado).

 

Manfred Reich y su equipo han instalado en el centro de Oberpfaffenhofen un equipo de control individual que incorpora un sistema de audio 5.1, y un sistema de vídeo compatible con fuentes de ordenador convencionales. La propia TMP construyó ex profeso una nueva estación de trabajo tridimensional con transmisión vía satélite para recepción estéreo, manipulación de Blu-ray y todas las prestaciones técnicas actualmente disponibles en la producción en serie.

 

La proyección tridimensional se está realizando en estéreo pasivo con la ayuda de gafas polarizadas. Se decidió optar por el uso de este tipo de gafas ya que, a pesar del desperdicio que su uso supone, el coste resulta asumible. La proyección se realizó sobre una pantalla plateada adecuada para tales fines, previamente optimizada para estas proyecciones tridimensionales.

 

La empresa TMP Mediagroup lleva unos 15 años trabajando como suministrador de sistemas tridimensionales para la industria aeroespacial europea; aunque una proyección de estas dimensiones supuso un reto especial incluso para Manfred Reich, tal y como nos explica: «Para nosotros lo más complicado en Oberpfaffenhofen fue conseguir una iluminación uniforme en una pantalla de esas características y al mismo tiempo mantener una relación razonable entre los costes y el resultado. Trabajamos con un nivel de iluminación muy elevado en la sala, y aun así conseguimos hacer un trabajo razonablemente bueno gracias a que los proyectores utilizados con los simuladores son los adecuados».

 

Esto fue también el motivo que animó a Reich a elegir los proyectores de 3 chips DLP® y una potencia de 18.000 lúmenes ANSI: «Es muy sencillo. Christie es la empresa con más experiencia en tecnología de 3 chips DLP, y además dispone de la gama de dispositivos más amplia. Por último, se trata de una cuestión de calidad e imagen, y no hay duda de que una instalación 3D full HD con dispositivos de xenón de 3 chips DLP es la mejor elección».

 

Por un valor total de casi 200.000 euros, el Instituto de Robótica y Mecanotrónica del Centro Aeroespacial Alemán fue equipado con una unidad de proyección 3D de alta tecnología con la que el profesor Hirzinger se muestra totalmente encantado. Allí, un equipo de 200 personas hace frente todos los días a nuevos desafíos, se trate de simulaciones de vuelo o de otros nuevos avances. La jornada de puertas abiertas fue un cambio que gozó una excelente acogida y generó un enorme entusiasmo entre los jóvenes, que tuvieron la oportunidad de coger por primera vez el mando y tripular de forma más o menos segura la «aeronave» por el paisaje rural.

 

 

Acerca de Christie

Christie Digital Systems Canada Inc. es una empresa de tecnologías visuales de ámbito mundial y una filial propiedad exclusiva de Ushio, Inc. Japan (JP:6925). Marcando, una y otra vez, el camino a seguir con sus pioneros lanzamientos al mercado de algunos de los displays más completos y de los más avanzados sistemas de proyección del mundo, Christie es reconocida como una de las empresas de tecnología visual más innovadoras del mundo entero. De sistemas expositores para comercios a Hollywood, de centros de control y seguimiento a aulas o a simuladores de formación, con sus sorprendentes y dinámicas imágenes, los proyectores y soluciones de visualización de Christie atraen la atención del público de todo el mundo. Para más información visite www.christiedigital.com.

Sikorsky Delivers Its First Two S-92® Helicopters for Utility Operations in Afghanistan

January 31, 2011
COATESVILLE, Connecticut - Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. (NYSE: UTX), has delivered two S-92® helicopters to airlift services provider AAR CORP., for operations in Afghanistan. AAR will perform passenger and cargo lift missions on behalf of the United States Transportation Command (USTRANSCOM), a government agency that provides transportation for the Department of Defense.

Both aircraft are certified by the Federal Aviation Administration (FAA) to simultaneously carry both passengers and cargo in the same cabin space.

“Deployment to Afghanistan is a tremendous opportunity for AAR and the U.S. Government to see what the multi-mission S-92 aircraft is capable of in some very challenging flight conditions at high altitude,” said Ed Beyer, vice president for Sikorsky Global Helicopters. “The unique interior configuration of these two aircraft also will give AAR greater mission flexibility to perform its utility and transport missions.”

The FAA certified an easily configurable interior with variable seating while carrying up to three 4 ft. sq.-sized cargo pallets secured to rings in the seat tracks and cabin walls to assure crashworthiness. For each pallet, Sikorsky developed a special fire containment cover to contain and suffocate flames, and added smoke detectors. To separate the passengers from cargo, Sikorsky designed a fabric partition, and added a fire extinguisher and Protective Breathing Equipment for passengers and crew.

AAR purchased the two S-92 aircraft following an October 2010 USTRANSCOM contract award valued at $450 million to provide up to five years of airlift service in Afghanistan. Both aircraft are expected to begin operations in Afghanistan during February 2011. AAR already operates 15 Sikorsky S-61N aircraft in various mission roles, including Afghanistan.

“We evaluated a number of alternatives before concluding that the Sikorsky S-92 helicopter was the best choice to meet the arduous demands of supporting tactical lift missions in remote and extremely harsh environments,” said Jeff Schloesser, president of AAR’s Airlift Group during an acceptance ceremony at Sikorsky Global Helicopter’s facility in Coatesville, Pa., where the aircraft are manufactured. “The selection came down to choosing the aircraft that best fulfills the requirements and enables us to offer reliability, responsiveness and the best long-term business case for the military.”

Sikorsky has delivered 129 S-92 helicopters since September 2004 to commercial customers in the oil and gas industry, search and rescue, VIP transport and utility sectors. During those six years, the worldwide S-92 aircraft fleet has accumulated 285,000 flight hours, a record for a commercial fleet of Sikorsky helicopters in a similar timeframe.

A military version of the S-92 airframe ─ the CH148 helicopter equipped for naval operations ─ is being designed and produced for the Canadian Government. Additionally, Sikorsky and Lockheed Martin have proposed a variant to the U.S. Navy for the next ‘Marine One’ helicopter fleet to transport the president of the United States. The standard S-92 aircraft includes a spacious cockpit with excellent exterior visibility, a stand-up cabin for up to 19 passengers, modern avionics with large NVG-compatible displays, a crashworthy fuel system separated from the passenger compartment, and a rear ramp for loading passengers or cargo.

The S-92 was certified to FAA/EASA harmonized Part 29 requirements, as amended through Amendment 47. The S-92 remains the only aircraft to have been certified to this rigorous airworthiness standard without exception or waiver.

Sikorsky Aircraft Corp., based in Stratford, Conn., is a world leader in helicopter design, manufacture, and service. United Technologies Corp., based in Hartford, Conn., provides a broad range of high technology products and support services to the aerospace and building systems industries.


PR

Press releases of Airbus and Boeing about subsidies received by Boeing

Airbus: WTO RULING: BILLIONS IN BOEING SUBSIDIES DISTORT COMPETITION
Today’s World Trade Oganisation (WTO) decision confirms that Boeing has received massive and illegal government subsidies for many decades, and that they have had a significant and ongoing negative effect on European industry.

The final WTO-report to be publicly released in a few weeks can be expected to say:
1. Boeing would not have been able to launch the 787 without illegal subsidies.
2. Boeing has received at least $5 billion of US taxpayer dollars which has been determined illegal. Quantification of the additional subsides beyond this figure will take place in later stages of this dispute if Boeing chooses to pursue it.
3. An additional more than $2 billion in state and local subsidies that Boeing will receive in the future are illegal.
4. The effect of the subsidies is significantly larger than the face value of the subsidies in light of their particularly pervasive nature.
5. The pervasive subsidies have thoroughly distorted competition within the aviation industry, directly resulting in significant harm to the European aerospace industry.
6. The effect of these subsidies will continue in the future, putting Airbus at a significant disadvantage.

In concluding that Department of Defense (DoD) and NASA funding are illegal subsidies, the WTO decision will require fundamental changes to the US funding mechanisms.

The WTO decision will also confirm that Washington State and the City of Everett must stop subsidising Boeing. Unless stopped, these subsidies will increase annually through 2024.
The WTO can be expected to say that the billions in subsidies benefiting Boeing have a significantly greater distortive effect than the Reimbursable Loans to Airbus. Airbus estimates at least $45 billion as a realistic figure based on identified lost sales to Airbus as a result from the subsidies. Taking the cases together, the WTO will be seen to now have specifically green-lighted the continued use of loans in Europe and commanded Boeing to end its illegal R&D cash support from NASA, DoD and the US taxpayers.

“Airbus applauds the excellent result achieved by the European Commission and the Member States. From today, Boeing can no longer pretend that it doesn’t benefit from generous and illegal state subsidies. It has been doing so from the start and it’s time to stop the denial,” said Rainer Ohler, Airbus’ Head of Public Affairs and Communications. “We expect the WTO dispute to carry on for several more years and as in all trade conflicts, a resolution will only be reached through negotiations. The myth that Boeing doesn’t receive government aid is over and we hope this sets the tone for balanced and productive negotiations going forward.”

PR






Boeing Response to Public Reports Regarding the WTO's Final Ruling in DS 353

CHICAGO, Jan. 31, 2011 /PRNewswire/ -- Boeing (NYSE: BA) today released the following statement, responding to public reports that the WTO panel deciding European Union claims of U.S. government assistance to Boeing has issued a confidential final ruling rejecting the vast majority of Europe's claims:

"Today's reports confirm the interim news from last September that the WTO rejected almost all of Europe's claims against the United States, including the vast majority of its R&D claims – except for some $2.6 billion. This represents a sweeping rejection of the EU's claims.
"Nothing in today's reports even begins to compare to the $20 billion in illegal subsidies that the WTO found last June that Airbus/EADS has received (comprised of $15 billion in launch aid, $2.2 billion in equity infusions, $1.7 billion in infrastructure, and roughly $1.5 billion in R&D support).

"The WTO's decisions confirm that European launch aid stands alone as a massive illegal subsidy only available to Airbus, which has seriously harmed Boeing, distorted competition in the aerospace industry for decades, and resulted in the loss of tens of thousands of good-paying U.S. jobs.

"Today's decision will not require any change in policy or practice, or other remedy that comes close to approaching the billions of dollars of launch aid that must be repaid by Airbus or restructured on proven commercial terms. As a result of the June WTO ruling, EU governments and Airbus/EADS must repay or restructure $4 billion in still outstanding illegal launch aid subsidies Airbus received to develop the A380. They must also remedy the adverse effects of the additional $16 billion in other illegal subsidies Airbus received.

"Under the WTO's decisions, Airbus must now compete in the global marketplace without the massive illegal subsidies it has received since its inception and without which, the WTO held, Airbus would be 'a much different, and we believe a much weaker' company than it is today. It will be required to finance airplanes the same way Boeing does – with its own money. Having recently announced it has more than $13 billion dollars of cash on hand, Airbus should have no problem with this new requirement.

"Today's ruling underscores our confidence in the WTO processes and dispute-resolution procedures. We applaud the body for its work and continue to look to Airbus/EADS and the EU to recognize that in today's global market, everyone must play by the rules and abide by WTO requirements. Playing by the rules, for Airbus/EADS, means withdrawing the still-outstanding A380 prohibited launch aid subsidy and financing the A350 on commercial terms. Airbus should confirm its intention to comply with the WTO's decisions."

PR

#Empleo: Ingeniero de Calculo (stress engineer) sector Aeronáutico (Airbus) para Madrid

Empresa IDAERO (www.idaero.es)

Ingeniero de Calculo
Experiencia:
2-3 años en calculo estático y analítico de estructuras aeronáuticas. En programas de Airbus.

Conocimientos:
Procedimeintos de Airbus, programas de elementos finitos, tipo Nastras, Patran, Abaqus. Bibliografia de referencia del sector

Lugar de trabajo:
Madrid

Tipo de contrato:
Por proyecto o indefinido, segun valía del candidato

Salario:

 26000-32000 Segun valía del candidato

Contacto:

www.idaero.es

rrhh@idaero.es

Telf: 91-1107399

Móvil: 627839660

Premios Ejército 2011

Info aquí

Boeing Expands Training Capability in Europe

SEATTLE, Jan. 27, 2011 /PRNewswire/ -- Boeing (NYSE: BA) Training & Flight Services has signed a long-term agreement with Blue1 to provide 717 training capabilities in Stockholm, Sweden, beginning the first quarter of 2011. Blue1 is a Scandinavian Airlines' subsidiary based in Helsinki, Finland.

"Enhancing safe and efficient flight operations, with cost-effective solutions implemented closer to our customer's home bases is our main priority," said Roei Ganzarski, chief customer officer, Boeing Training & Flight Services. "Through this partnership with Blue1, we are bringing our 717 training programs closer to our customers."

Blue1 operates five Boeing 717s with an additional four scheduled to enter its fleet by the end of March 2011. "As we transitioned to the 717, it became increasingly clear that we would benefit from a regional 717 training solution," said Mr. Heikki Setala, head of Flight Operations, Blue1. "Boeing, as the original manufacturer of our airplanes, was wholly supportive of our needs and provided an overall cost-reducing solution."

The European Aviation Safety Agency-certified 717 full-flight simulator will be relocated from Boeing's Atlanta campus to a training center in Stockholm. Boeing will continue to support its customers with 717 solutions in North America and Asia Pacific.  

Under the terms of the agreement, Boeing continues to hold the exclusive license to market the Stockholm-based 717 training capacity to third parties.

Boeing Training & Flight Services offers comprehensive training solutions worldwide through its global network of campuses and other locations that best serve its customers' needs.

The Boeing 717 is a proven and reliable 100-seat jetliner, with more than 125 in active service with airlines today.

Boeing

Récord de entregas de aviones corporativos de Airbus

La suma total de pedidos eleva el número de aviones a 170 unidades
Blagnac, 27 enero 2011

Airbus entregó 15 aviones corporativos en 2010 valorados en más de 1.500 millones de dólares, estableciendo un nuevo récord en el sector. Los aviones entregados incluyen 13 A318 Elite, Airbus Corporate Jetliners (ACJ) y A320 Prestige, además de dos aviones de fuselaje ancho A330/340 VIP.

Airbus consiguió también ocho nuevos pedidos en 2010, siete A318 Elite/ Airbus ACJ/ Familia A320 Prestige, más un A330/A340, de fuselaje ancho, situando la cifra total de aviones corporativos encargados en 170.

Tanto los aviones entregados como los encargados corresponden a clientes y operadores de la región de Asia, Europa y Oriente Medio, para dar servicio a clientes privados y gobiernos.

“Los aviones corporativos son un indicador desapercibido del éxito y crecimiento de las empresas, y contribuyen a la gestión de los asuntos de gobierno. La moderna flota de Airbus es un factor clave en ambos sectores”, señaló John Leahy, director del Área de Clientes de Airbus.

“El mercado de nuestros aviones corporativos crece cada vez más en todo el mundo a medida que más y más clientes reconocen la mayor capacidad y ventajas que ofrecen en comparación con los aviones de negocios tradicionales”, añadió.

Durante el año pasado, Airbus ha visto crecer la demanda de sus aviones VIP llegando a entregar más de 15 A318 Elite, Airbus ACJ y A320 Prestige, disponibles con más de diez operadores en América, Asia-Pacífico, Europa y Oriente Medio.

Los aviones de negocios de Airbus pueden transportar más pasajeros que los aviones de negocios tradicionales, además disponen de cabinas aproximadamente dos veces más anchas y ofrecen un inigualable confort, espacio y libertad de movimiento. Todas estas características convierten a los aviones corporativos de Airbus en la mejor elección para transportar equipos de negocios, familias numerosas y delegaciones de gobierno.

El continuo crecimiento de los aviones corporativos de Airbus para vuelos VIP es una muestra de los beneficios que ofrecen, y subraya su atractivo como una alternativa para viajar y para un uso ocasional.

Aunque sus cabinas son mucho más anchas, los aviones de negocios de Airbus tienen una longitud y envergadura similares a las de los aviones corporativos tradicionales, pudiendo despegar y aterrizar en las mismas pistas, y ofreciendo un mayor valor para una inversión similar.

Airbus dispone de la más moderna y completa familia de aviones corporativos que operan en todos los continentes, incluida la Antártida.

eads

Lockheed Martin Announces Fourth Quarter 2010 Results

BETHESDA, Md. , January 27th, 2011 -- Fourth quarter net sales of $12.8 billion Fourth quarter earnings from continuing operations of $829 million and earnings per share from continuing operations of $2.30 Fourth quarter cash from operations of $160 million after discretionary contributions of $840 million to its pension trust Year-end backlog of $78.2 billion, including $20.5 billion in fourth quarter orders Provides 2011 outlook Earnings Attachments (pdf) | Earnings Attachment (xlsx) | 8-K (pdf) | Webcast Lockheed Martin Corporation (NYSE: LMT) today reported fourth quarter 2010 net sales of $12.8 billion, compared to $12.2 billion in 2009. Earnings from continuing operations for the fourth quarter of 2010 were $829 million, or $2.30 per diluted share, compared to $836 million, or $2.19 per diluted share, in 2009. During the fourth quarter of 2010, the Corporation incurred an unusual charge of $42 million ($27 million after-tax, or $0.08 per share) related to a previously announced facilities consolidation within Mission Systems & Sensors (MS2), a line of business in Electronic Systems. The fourth quarter of 2010 also included a reduction of income tax expense related to the extension of the Research and Development (R&D) tax credit and additional benefits from U.S. manufacturing deductions. The fourth quarter of 2009 included an unusual tax benefit from the resolution of an IRS examination, which increased earnings from continuing operations by $11 million, or $0.03 per share. Cash from operations in the fourth quarter of 2010 was $160 million, after making $840 million in discretionary contributions to the Corporation’s pension trust. Cash from operations in the fourth quarter of 2009 was ($605) million, after making $1.5 billion in discretionary contributions to the Corporation’s pension trust. “We had a solid fourth quarter, marked by robust bookings and excellent cash generation,” said Bob Stevens, Chairman and CEO.  “For the year, sales and backlog grew.  Combined with strong cash flow, I believe it was very solid performance in a very demanding year.  Looking ahead, our employees are focused on providing increasingly affordable solutions to our customers and continuing strong financial results for our shareholders.” Divestitures Update On Nov. 23, 2010, the Corporation announced that it had completed the divestiture of its Enterprise Integration Group (EIG) business. Earnings from discontinued operations for the fourth quarter of 2010 include a $184 million ($0.51 per share) gain from the sale of EIG. Operating results for EIG are included in discontinued operations for all periods presented. The Corporation received $815 million in gross proceeds and paid $260 million in tax payments related to the transaction in the quarter. As previously announced on June 2, 2010, the Corporation plans to divest most of Pacific Architects and Engineers, Inc. (PAE), a business within Information Systems & Global Solutions (IS&GS). As a result, operating results for PAE are included in discontinued operations for all periods presented and its assets and liabilities are classified as held for sale on the balance sheet as of Dec. 31, 2010. The plan to divest PAE is a result of customers seeking a different mix of services that do not fit with the Corporation’s long-term strategy. The Corporation expects to announce a transaction to sell PAE in the first quarter of 2011. Summary Reported Results The following table presents the Corporation’s results for the periods referenced in accordance with generally accepted accounting principles (GAAP): REPORTED RESULTS 4th Quarter Year-to-Date (In millions, except per share data)    2010 2009       2010    2009 Net sales   $ 12,794    $  12,203   $ 45,803   $ 43,995 Operating profit   Segment operating profit   $  1,395    $ 1,416   $   5,076   $  5,104   Unallocated corporate expense,             net:         FAS/CAS pension adjustment        (123)        (114)         (454)        (456)         Unusual items1          (42)         -----         (220)          -----         Other, net         (102)            (58)       (305)         (233)  Operating profit $  1,128 $ 1,244  $   4,097 $  4,415 Net earnings (loss) from:   Continuing operations   $     829    $    836   $   2,645   $  2,999   Discontinued operations2         154            (9)          281            25   Net earnings2   $     983      $   827   $  2,926   $  3,024 Diluted earnings (loss) per share:   Continuing operations   $     2.30    $   2.19   $     7.18   $    7.71   Discontinued operations2             .43       (.02)           .76       .07   Diluted earnings per share2   $   2.73    $   2.17    $    7.94   $    7.78 Cash from operations3 $    160    $ (605) $   3,547 $  3,173 1 Includes $42 million related to the previously announced facilities consolidation within the MS2 line of business ($27 million after-tax, or $0.08 per share). The year-to-date amount includes $178 million ($116 million after tax, or $0.31 per share) for the Voluntary Executive Separation Program. 2 The amounts and per share data reported for discontinued operations may change between the earnings release date and filing of the Corporation’s 2010 Form 10-K due to the on-going sale process for PAE. 3 The Corporation made discretionary contributions to its pension trust of $840 million in the fourth   quarter of 2010 and $2.24 billion year-to-date Dec. 31, 2010. The fourth quarter and year-to-date       Dec. 31, 2009 amounts include discretionary contributions to the pension trust of $1.48 billion. 2011 Financial Outlook The following table and other sections of this press release contain forward-looking statements, which are based on the Corporation’s current expectations.  Actual results may differ materially from those projected.  It is the Corporation's practice not to incorporate adjustments to its outlook for proposed acquisitions, divestitures, joint ventures, or unusual items until such transactions have been consummated. See the “Forward-Looking Statements” discussion contained in this press release. 2011 FINANCIAL OUTLOOK 1 (In millions, except per share data) Net sales $45,750 - $47,250 Operating profit:   Segment operating profit $4,950 - $5,100   Unallocated corporate expense, net:         FAS/CAS pension adjustment2 ~ (925)         Other, net ~ (325) Operating profit 3,700 – 3,850 Diluted earnings per share from continuing operations  $6.70 - $7.00 Cash from operations3 > $4,000  All amounts approximate 1 Starting in 2011, the Corporation will account for U.S Government service contracts under the percentage-of-completion revenue recognition method in lieu of the current service accounting method. The effect of this change is expected to be less than one percent of net sales and segment operating profit in 2011 and has been incorporated into the 2011 financial outlook. The percentage-of-completion revenue recognition method better reflects the underlying economics of these contracts and aligns the Corporation with others in the industry. 2 The FAS/CAS pension adjustment was calculated using a 5.5 percent discount rate and an actual rate of return on plan assets for 2010 of approximately 13.0 percent. 3 The Corporation’s outlook for 2011 cash from operations includes an anticipated $1.3 billion in contributions to its pension trust. The Corporation anticipates recovering approximately $0.9 billion as CAS costs in 2011, with the remainder being recoverable in future years. Cash Deployment Strategy The Corporation continued to execute its cash deployment strategy in 2010 by: repurchasing 13.2 million shares at a cost of $916 million in the quarter and 33.0 million shares at a cost of $2.5 billion for the year-to-date period; making discretionary contributions of $840 million to its pension trust in the quarter and $2.24 billion for the year-to-date period; paying cash dividends totaling $269 million in the quarter and $969 million for the year-to-date period; and expending capital of $426 million during the quarter and $820 million during the year-to-date period. Segment Results The Corporation operates in four principal business segments: Aeronautics; Electronic Systems; IS&GS; and Space Systems. The segment results and discussions that follow reflect the previously discussed exclusion of PAE and EIG from IS&GS’ results as they are both reported as discontinued operations. Operating profit for the business segments includes equity earnings (losses) from their investments, because the operating activities of the investees are closely aligned with the operations of those segments.  The Corporation’s largest equity investments are United Launch Alliance (ULA) and United Space Alliance (USA), both of which are part of Space Systems. The following table presents the operating results of the four business segments and reconciles these amounts to the Corporation’s consolidated financial results. (In millions) 4th Quarter Year-to-Date 2010 2009 2010 2009  Net sales   Aeronautics $   3,856 $   3,250 $ 13,235 $ 12,201   Electronic Systems   Information Systems & Global Solutions    3,976 2,682    3,714 2,632   14,363 9,959    13,532 9,608   Space Systems      2,280      2,607      8,246      8,654   Total net sales $ 12,794 $ 12,203 $ 45,803 $ 43,995 Operating profit   Aeronautics $      410 $      426 $   1,502 $  1,577   Electronic Systems   Information Systems & Global Solutions       451 255       431 259     1,712 890      1,660 895   Space Systems        279        300        972        972      Segment operating profit 1,395 1,416 5,076 5,104   Unallocated corporate expense, net      (267)      (172)      (979)      (689) Total operating profit $   1,128 $   1,244 $   4,097 $   4,415 In the discussion of comparative results, changes in net sales and operating profit generally are expressed in terms of volume and performance. Volume refers to increases or decreases in sales resulting from varying production activity levels, deliveries, or service levels on individual contracts.  Volume changes typically include a corresponding change in operating profit based on the estimated profit rate at completion of a particular contract for design, development and production activities. Performance generally refers to changes in contract profit booking rates.  These changes to contracts for products usually relate to profit recognition associated with revisions to total estimated costs at completion of the contracts that reflect improved (or deteriorated) operating or award fee performance on a particular contract.  Changes in contract profit booking rates on contracts for products are recognized by recording adjustments in the current period for the inception-to-date effect of the changes on current and prior periods.  Recognition of the inception-to-date adjustment in the current or prior periods may affect the comparison of segment operating results. Aeronautics ($ millions) 4th Quarter Year-to-Date 2010 2009 2010 2009 Net sales $3,856 $3,250 $13,235 $12,201 Operating profit $410 $426 $1,502 $1,577 Operating margin 10.6% 13.1% 11.3% 12.9% Net sales for Aeronautics increased by 19 percent for the fourth quarter of 2010 from the comparable 2009 period.  Sales increased in all three lines of business during the quarter. The $354 million increase in Air Mobility primarily was attributable to higher volume on C-130 programs, including deliveries and support activities, as well as higher volume on the C-5 Reliability Enhancement and Re-Engineering Program (RERP). There were nine C-130J deliveries in the fourth quarter of 2010 compared to six in the fourth quarter of 2009. The $202 million increase in Combat Aircraft principally was due to higher volume on F-35 production contracts and F-16 support activities.  These increases partially were offset by a decrease in volume on F-16 and F-22 production programs, the F-35 System Development and Demonstration (SDD) contract and other combat aircraft programs. There were three F-16 deliveries in the fourth quarter of 2010 compared to seven in the fourth quarter of 2009. The $50 million increase in Other Aeronautics Programs mainly was due to higher volume on P-3 and advanced development programs. Operating profit for Aeronautics decreased by 4 percent for the fourth quarter of 2010 from the comparable 2009 period. A decline in operating profit in Combat Aircraft partially was offset by an increase in Air Mobility while operating profit in Other Aeronautics Programs essentially was unchanged.  The $50 million decrease in Combat Aircraft’s operating profit primarily was due to lower volume and a decrease in the level of favorable performance adjustments on F-22, F-16 and other combat aircraft programs in 2010. These declines partially were offset by higher volume on F-35 production contracts. The $10 million increase in Air Mobility operating profit primarily was due to higher volume on C-130J support activities, which partially was offset by a lower level of favorable performance adjustments on C-130J deliveries in 2010. The remaining change in operating profit is attributable to an increase in other income, net between the comparable periods. Net sales for Aeronautics increased by 8 percent for the year ended Dec. 31, 2010 from the comparable 2009 period.  Sales increased in all three lines of business during the year. The $800 million increase in Air Mobility primarily was attributable to higher volume on C-130J programs, including deliveries and support activities, as well as higher volume on the C-5 RERP. There were 25 C-130J deliveries in 2010 compared to 16 in 2009. The $179 million increase in Combat Aircraft principally was due to higher volume on F-35 production contracts, which partially was offset by lower volume on the F-35 SDD contract and a decline in volume on F-16, F-22 and other combat aircraft programs. There were 20 F-16 deliveries in 2010 compared to 31 in 2009. The $55 million increase in Other Aeronautics Programs mainly was due to higher volume on P-3 and advanced development programs, which partially were offset by a decline in volume on sustainment activities. Operating profit for Aeronautics decreased by 5 percent for the year ended Dec. 31, 2010 from the comparable 2009 period.  A decline in operating profit in Combat Aircraft partially was offset by increases in Other Aeronautics Programs and Air Mobility. The $149 million decrease in Combat Aircraft’s operating profit primarily was due to lower volume and a decrease in the level of favorable performance adjustments on the F-22 program, the F-35 SDD contract and F-16 and other combat aircraft programs in 2010. These decreases more than offset increased operating profit resulting from higher volume and improved performance on F-35 production contracts in 2010. The $35 million increase in Other Aeronautics Programs mainly was attributable to higher volume and improved performance on P-3 and advanced development programs as well as an increase in the level of favorable performance adjustments on sustainment activities in 2010. The $19 million increase in Air Mobility operating profit primarily was due to higher volume and improved performance in 2010 on C-130J support activities, which more than offset a decrease in operating profit due to a lower level of favorable performance adjustments on C-130J deliveries in 2010. The remaining change in operating profit is attributable to an increase in other income, net between the comparable periods. The Aeronautics 2010 operating margins have decreased when compared to 2009. The operating margin decrease reflects the life cycles of our significant programs. Specifically, Aeronautics is performing more development and initial production work on the F-35 program and is performing less work on more mature programs such as the F-22 and F-16. Development and initial production contracts yield lower profits than mature full rate programs.  Accordingly, while net sales increased in 2010 relative to 2009, operating profit decreased and consequently operating margins have declined. Electronic Systems ($ millions) 4th Quarter Year-to-Date 2010 2009 2010 2009 Net sales $3,976 $3,714 $14,363 $13,532 Operating profit $451 $431 $1,712 $1,660 Operating margin 11.3% 11.6% 11.9% 12.3% Net sales for Electronic Systems increased by 7 percent for the quarter ended Dec. 31, 2010 from the comparable 2009 period. Sales increases at Missiles & Fire Control (M&FC) and Global Training & Logistics (GT&L) more than offset a decline in MS2. The $169 million increase at M&FC primarily was due to higher volume on tactical missile programs, which partially was offset by lower volume on fire control systems and air defense programs. The $113 million increase at GT&L primarily was due to growth on readiness and stability operations, which partially was offset by lower volume on simulation & training and other logistics programs. The $20 million decrease at MS2 mainly was due to lower volume on ship & aviation systems and undersea warfare programs, which partially were offset by higher volume on surface naval warfare programs. Operating profit for Electronic Systems increased by 5 percent for the quarter ended Dec. 31, 2010 from the comparable 2009 period. During the quarter, operating profit increases at M&FC and GT&L more than offset a decline at MS2. The $50 million increase at M&FC primarily was due to higher volume and improved performance in 2010 on certain tactical missile programs. The $10 million increase at GT&L primarily was attributable to higher volume on readiness and stability operations and improved performance on simulation & training programs, which partially were offset by lower volume and performance on other logistics programs. The $42 million decrease at MS2 primarily was attributable to lower volume and performance on undersea warfare and performance on surface naval warfare programs in 2010. These decreases partially were offset by improved performance in 2010 on ship & aviation system programs. Net sales for Electronic Systems increased by 6 percent for the year ended Dec. 31, 2010 from the comparable 2009 period. Sales increased in all three lines of business during the year. The $421 million increase at GT&L primarily was due to growth on readiness and stability operations, which partially was offset by lower volume on simulation & training programs. The $316 million increase at M&FC primarily was due to higher volume on tactical missile and air defense programs, which partially was offset by a decline in volume on fire control systems. The $94 million increase at MS2 mainly was due to higher volume on surface naval warfare, ship & aviation systems, and radar systems programs, which partially was offset by lower volume on undersea warfare programs. Operating profit for Electronic Systems increased by 3 percent for the year ended Dec. 31, 2010 from the comparable 2009 period. Operating profit increases at M&FC and GT&L more than offset a decline at MS2. The $73 million increase at M&FC mainly was due to higher volume and improved performance on certain tactical missile programs and higher volume on air defense programs. The $23 million increase at GT&L primarily was attributable to higher volume on readiness and stability operations and improved performance on simulation and training programs. These increases more than offset declines due to lower volume and performance on other logistics programs and the absence in 2010 of a benefit recognized in the first quarter of 2009 from favorably resolving a contract matter at simulation & training programs. The $44 million decrease in operating profit at MS2 mainly was due to lower volume and performance on undersea warfare programs and a decrease in the level of favorable performance adjustments on surface naval warfare programs in 2010. These declines partially were offset by higher volume and improved performance on ship & aviation systems and radar systems programs in 2010. Information Systems & Global Solutions ($ millions) 4th Quarter Year-to-Date 2010 2009 2010 2009 Net sales $2,682 $2,632 $9,959 $9,608 Operating profit $255 $259 $890 $895 Operating margin 9.5% 9.8% 8.9% 9.3% Net sales for IS&GS increased by 2 percent for the quarter ended Dec. 31, 2010 from the comparable 2009 period. Sales increased in Defense and Civil but declined in Intelligence during the quarter. Defense sales increased $74 million primarily due to higher volume on mission and combat systems activities. Civil sales increased $11 million principally due to higher volume on enterprise civilian services. Sales in Intelligence programs declined $35 million mainly due to lower volume on security solutions. Operating profit for IS&GS decreased by 2 percent for the quarter ended Dec. 31, 2010 from the comparable 2009 period.  During the quarter, operating profit declined in Defense and essentially was unchanged in Intelligence and Civil. The $9 million decrease in operating profit at Defense primarily was attributable to a decrease in the level of favorable performance adjustments in 2010 on mission and combat systems activities. Net sales for IS&GS increased by 4 percent for the year ended Dec. 31, 2010 from the comparable 2009 period. Sales increased in Civil and Defense but declined in Intelligence during the year. Civil increased $437 million principally due to higher volume on enterprise civilian services. Defense sales increased $20 million primarily due to higher volume on mission and combat systems activities. The $106 million decline in Intelligence programs mainly was due to lower volume on security solutions. Operating profit for IS&GS decreased by 1 percent for the year ended Dec. 31, 2010 from the comparable 2009 period.  For the year, operating profit declines in Defense more than offset an increase in Civil, while operating profit at Intelligence essentially was unchanged. The $27 million decrease in operating profit at Defense primarily was attributable to a decrease in the level of favorable performance adjustments on mission and combat systems activities in 2010.  The $19 million increase in Civil principally was due to higher volume on enterprise civilian services. Space Systems ($ millions) 4th Quarter Year-to-Date 2010 2009 2010 2009 Net sales $2,280 $2,607 $8,246 $8,654 Operating profit $279 $300 $972 $972 Operating margin 12.2% 11.5% 11.8% 11.2% Net sales for Space Systems decreased by 13 percent for the quarter ended Dec. 31, 2010 from the comparable 2009 period.  Sales declined in all three lines of business during the quarter. The $233 million decrease in Space Transportation principally was due to lower volume on commercial launch vehicle activities, the Orion program and the space shuttle external tank program.  There were no commercial launches in the fourth quarter of 2010 compared to one commercial launch in the fourth quarter of 2009. The $82 million decline in Satellites primarily was attributable to lower volume in government satellite activities, which partially was offset by higher volume on commercial satellites. There was one commercial satellite delivery in the fourth quarter of 2010 compared to no deliveries in the fourth quarter of 2009. Lower volume on defensive missile programs drove a $12 million decrease in Strategic & Defensive Missile Systems (S&DMS) sales. Operating profit for Space Systems decreased by 7 percent for the quarter ended Dec. 31, 2010 from the comparable 2009 period.  During the quarter, operating profit declined in Satellites and essentially was unchanged in Space Transportation and S&DMS. Satellites’ operating profit decreased $17 million primarily due to lower volume and a decline in the level of favorable performance adjustments on government satellite programs in 2010, which partially was offset by higher volume on commercial satellite programs.  Equity earnings represented 23 percent of operating profit at Space Systems in the fourth quarter of 2010 compared to 15 percent in the fourth quarter of 2009. Net sales for Space Systems decreased by 5 percent for the year ended Dec. 31, 2010 from the comparable 2009 period.  Sales declined in all three lines of business during the year. The $253 million decrease in Space Transportation principally was due to lower volume on the space shuttle external tank, commercial launch vehicle activity and other human space flight programs, which partially were offset by higher volume on the Orion program. There were no commercial launches in 2010 compared to one commercial launch in 2009. S&DMS sales declined $147 million principally due to lower volume on defensive missile programs.  The $8 million sales decline in Satellites primarily was attributable to lower volume on commercial satellites, which partially were offset by higher volume on government satellite activities. There was one commercial satellite delivery in 2010 and one commercial satellite delivery in 2009. Operating profit for Space Systems was unchanged for the year ended Dec. 31, 2010 from the comparable 2009 period.  Growth in Space Transportation’s operating profit was more than offset by a decline in Satellites’ operating profit. S&DMS operating profit was relatively unchanged between periods. The $21 million increase in Space Transportation mainly was attributable to higher equity earnings on the ULA and USA joint ventures and higher volume on the Orion program, which partially were offset by lower volume on the space shuttle’s external tank program. Satellites’ operating profit decreased $23 million primarily due to lower volume and performance on commercial satellite programs, which partially was offset by higher volume and improved performance on government satellite programs in 2010. Equity earnings represented 27 percent of operating profit at Space Systems in 2010, compared to 22 percent in 2009. Unallocated Corporate Expense, Net ($ millions) 4th Quarter Year-to-Date 2010 2009 2010 2009 FAS/CAS pension adjustment $  (123) $  (114) $  (454) $  (456) Unusual items      (42)      ----     (220)      ---- Other, net     (102)      (58)     (305)    (233) Unallocated corporate expense, net  $ (267) $  (172) $  (979) $  (689) Consistent with the manner in which the Corporation’s business segment operating performance is evaluated by senior management, certain items are excluded from the business segment results and included in “Unallocated corporate expense, net.”  See the Corporation’s 2009 Form 10-K for a description of “Unallocated corporate expense, net” including the FAS/CAS pension adjustment. For purposes of segment reporting, unusual items are included in “Unallocated corporate  expense, net”: 2010 – In the fourth quarter of 2010, the Corporation incurred an unusual charge, net of state income tax benefits, of $42 million related to a previously announced facilities consolidation within the MS2 line of business in Electronic Systems.  The charge reduced net earnings by $27 million ($0.08 per share during the fourth quarter of 2010; $0.07 per share for the year ended Dec. 31, 2010). In the third quarter of 2010, the Corporation incurred an unusual charge, net of state income tax benefits, of $178 million related to the Voluntary Executive Separation Program.  The charge reduced net earnings by $116 million ($0.32 per share during the third quarter of 2010; $0.31 per share for the year ended Dec. 31, 2010). 2009 – There were no unusual items affecting operating profit during the year. Income Taxes The Corporation’s effective income tax rates from continuing operations were 22.5 percent and 30.9 percent for the quarter and year ended Dec. 31, 2010, and 29.4 percent and 29.1 percent for the quarter and year ended Dec. 31, 2009. These rates were lower than the statutory rate of 35 percent for all periods due to tax deductions for U.S. manufacturing activities and dividends related to our employee stock ownership plan. The effective rates for the comparable periods were also impacted by the following items: 2010 – In the fourth quarter, tax legislation retroactively extended the R&D tax credit for two years, from Jan. 1, 2010 to Dec. 31, 2011.  As a result, the Corporation reduced its income tax expense by $43 million in the fourth quarter of 2010. R&D tax credits of a comparable amount were recognized as a reduction of income tax expense throughout 2009. In the fourth quarter, the Corporation also recognized additional benefits from U.S. manufacturing deductions. As was previously reported, health care legislation eliminated the tax deduction for company-paid retiree prescription drug expenses to the extent they are reimbursed under Medicare Part D, beginning in 2013. As a result, the Corporation recorded additional income tax expense of $96 million in the first quarter. 2009 – Resolution of the IRS examination of the 2008 tax return in the fourth quarter reduced income tax expense by $11 million.  The year also included the third quarter resolution of the IRS examination of the 2005-2007 tax returns, which reduced income tax expense by $58 million. Discontinued Operations Discontinued operations includes the operating results for PAE and EIG for all periods presented. The fourth quarter and year-to-date 2010 amounts also include a $184 million after-tax gain on the sale of EIG. Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 132,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation’s 2010 sales from continuing operations were $45.8 billion. NEWS MEDIA CONTACT:          Jeff Adams, 301/897-6308 INVESTOR RELATIONS CONTACT:  Jerry Kircher, 301/897-6584       Web site: www.lockheedmartin.com Conference call:  Lockheed Martin will webcast the earnings conference call (listen-only mode) at 3:00 p.m. E.T. on Jan. 27, 2011.  A live audio broadcast, including relevant charts, will be available on the Investor Relations page of the company’s web site at: http://www.lockheedmartin.com/investor. FORWARD-LOOKING STATEMENTS Statements in this release that are "forward-looking statements" are based on Lockheed Martin’s current expectations and assumptions.  Forward-looking statements in this release include estimates of future sales, earnings and cash flow.  These statements are not guarantees of future performance and are subject to risks and uncertainties.  Actual results could differ materially due to factors such as: the availability of government funding for the Corporation’s products and services both domestically and internationally due to performance, cost growth, or other factors; changes in government and customer priorities and requirements (including the potential deferral of awards, terminations or reduction of expenditures, changes to respond to the priorities of Congress and the Administration, budgetary constraints, operations under a continuing resolution, and cost-cutting initiatives); additional costs or schedule revisions to the F-35 program that may result from the detailed re-planning of the restructured program that is ongoing following completion of the technical baseline review; actual returns (or losses) on pension plan assets, movements in interest and discount rates and other changes that may affect pension plan assumptions; the effect of capitalization changes (such as share repurchase activity, advance pension funding, option exercises, or debt levels) on earnings per share; difficulties in developing and producing operationally advanced technology systems; the timing and customer acceptance of product deliveries; materials availability and performance by key suppliers, subcontractors and customers; charges from any future impairment reviews that may result in the recognition of losses and a reduction in the book value of goodwill or other long-term assets; the future effect of legislation, rulemaking, and changes in accounting, tax, defense procurement, changes in policy, interpretations or challenges to the allowability of costs incurred under government cost accounting standards or export policies; the future impact of acquisitions or divestitures, joint ventures or teaming arrangements; the outcome of legal proceedings and other contingencies (including lawsuits, government investigations or audits, and the cost of completing environmental remediation efforts); the competitive environment for the Corporation’s products and services and potential for delays in procurement due to bid protests; the ability to attract and retain key personnel; and economic, business and political conditions domestically and internationally.  These are only some of the factors that may affect the forward-looking statements contained in this press release.  For further information regarding risks and uncertainties associated with Lockheed Martin’s business, please refer to the Corporation’s SEC filings, including the “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “Risk Factors,” and “Legal Proceedings” sections of the Corporation’s 2009 annual report on Form 10-K and its 2010 quarterly reports on Form 10-Q, which may be obtained at the Corporation’s website:http://www.lockheedmartin.com. It is the Corporation’s policy to only update or reconfirm its financial projections by issuing a press release.  The Corporation generally plans to provide a forward-looking outlook as part of its quarterly earnings release but reserves the right to provide an outlook at different intervals or to revise its practice in future periods.  All information in this release is as of Jan. 26, 2011.  Lockheed Martin undertakes no duty to update any forward-looking statement to reflect subsequent events, actual results or changes in the Corporation’s expectations.  The Corporation also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others. RETURN ON INVESTED CAPITAL (ROIC) The Corporation believes that reporting ROIC provides investors with greater visibility into how effectively Lockheed Martin uses the capital invested in its operations.  The Corporation uses ROIC to evaluate multi-year investment decisions and as a long-term performance measure, and also uses ROIC as a factor in evaluating management performance for incentive compensation purposes. The Corporation calculates ROIC as follows: Net earnings plus after-tax interest expense divided by average invested capital (stockholders’ equity plus debt), after adjusting stockholders’ equity by adding back adjustments related to postretirement benefit plans. (In millions, except percentages)                     2010               2009 Net Earnings Interest Expense (multiplied by 65%) 1 $2,926 224 $3,024 198 Return  $3,150  $ 3,222 Average debt 2, 5 Average equity 3, 5 Average Benefit Plan Adjustments4,5 $  5,032 3,904 8,650 $  4,054 3,155 8,960 Average Invested Capital  $17,586  $16,169 Return on invested capital                 17.9%  19.9% 1       Represents after-tax interest expense utilizing the federal statutory rate of 35 percent.  Interest expense is added back to net earnings as it represents the return to debt holders.  Debt is included as a component of average invested capital.  2       Debt consists of long-term debt, including current maturities, and short-term borrowings (if any). 3       Equity includes non-cash adjustments, primarily to recognize the funded / unfunded status of the Corporation’s benefit plans. 4   Average Benefit Plan Adjustments reflect the cumulative value of entries identified in the Corporation’s Statements of Stockholders’ Equity discussed in Note 3 above. 5   Yearly averages are calculated using balances at the start of the year and at the end of each quarter.

PR