2017cnc12-1
88 www.CNC-West.com CNC WEST December 2017 /January 2018 ...Hotline Continued From Page 8 Boeing, Singapore Airlines Announce Order for 39 Air- planes Boeing and Singapore Airlines in late October formally announced a deal for 20 777-9s and 19 787-10s, during a ceremony at the White House. The order, previously attributed to an unidentified customer, is worth $13.8 billion at current list prices. The value of this sales transaction will sustain thousands of U.S. suppliers and more than 70,000 direct and indirect U.S. jobs during the delivery period of this contract. The airline also has options for 12 additional aircraft, six of each aircraft type. Northrop Grumman To Build Three High-Flying Surveillance Aircraft for Japan Northrop Grumman Corp. will build three copies of its high-flying surveillance air- craft, Global Hawk, for Japan. The business received a $130.5 million contract for components that require long lead times. The Pentagon’s contract listing said the total deal will include three Block 30 (I) air vehicles, two ground control el- ements, enhanced integrated sensor suite, spares and a site survey. Northrop Grumman bases its Global Hawk program in Rancho Bernardo, CA. though the aircraft are actually built in Palmdale. The contract runs through 2018. SpaceX Gets Additional $100 Million in Funding SpaceX, the Hawthorne, CA-based rocket company founded by billionaire Elon Musk, added $100 million in new funding to its re- cent haul, bringing the total raised since late July to $450 million, according to a November 28 filing with the Securities and Exchange Commission. The amended Series H round includes 25 un- named investors and values Space Exploration Technologies Corp. at $21.5 billion, putting it among the world’s most valuable privately owned firms, according to Equidate, a market- place for private company stock. Last month, NASA awarded SpaceX a $97-mil- lion contract for a Sentinel-6A mission in 2020 aboard a SpaceX Falcon 9 rocket to study ocean topography and weather data. Portland Area Vigor Wins Award to Build the U.S. Army’s Maneu- ver Support Vessel In a highly competitive bid process, the U.S. Army has chosen the Vigor design for its new generation of landing craft. The contract represents the largest award in Vigor’s his- tory with a total value of $979,390,000 over a ten year period and will provide sustained full time employment for roughly 200 skilled artisans. “This award is the culmination of a five year process of research and development that first began with Kvichak prior to its merger with Vigor,” explains Frank Foti, Vigor CEO. “Phase one of the program will begin im- mediately and center on design refinement and prototype construction,” said Tim Kolb, general manager of Vigor Ballard who spear- headed the proposal process. “The contract calls for one prototype vessel, four vessels under low rate production, and up to thirty two additional vessels for use by Army Mari- ners in even the most difficult environments.” Cubic Making First Foreign Sale of Its GATR Satellite Equipment San Diego based Cubic Corp. received a $5 million contract to supply its GATR portable satellite dishes to New Zealand’s military services. It’s the first foreign sale for its GATR equipment, the business said Oct. 16. Cubic will supply 7.8-foot (2.4-meter) inflatable satellite antennas with support- ing hardware, spares and training to the New Zealand Defense Force. They will be part of New Zealand’s Network Enabled Army program. Xcor Aerospace Files for Bankruptcy Xcor Aerospace has filed for Chapter 7 bank- ruptcy and will liquidate its assets after failing to line up new investors.
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