The FAA on Tuesday awarded a $437 million contract to Raytheon to support the agency in training air traffic controllers.
A new “smart” bomb employing three guidance modes is entering service with the UK Royal Air Force. The Raytheon Paveway IV is a 500-pound laser-guided weapon that can alternately be guided by GPS, with backup from an INS system if GPS is not available for any reason (such as jamming).
The U.S. Navy is expected to issue a draft request for proposals this quarter for the EP-X intelligence-gathering aircraft, which will replace the EP-3 Aries. In a recent briefing, Boeing revealed that Raytheon was joining its team to bid the P-8 Poseidon for EP-X.
Raytheon Aircraft employees associated with the Beechcraft Premier I recently celebrated completion of the aircraft model’s 100th composite fuselage. Raytheon had delivered 59 Premier Is to date at press time, 11 of them in the first half of this year, and 38 more are planned for shipment by year-end.
With the exception of Raytheon Aircraft and Embraer, jet manufacturers suffered significant delivery losses in this period. Shipments of new business jets in the first half of this year tumbled nearly 37 percent compared with the first half of last year, according to the General Aviation Manufacturers Association.
It’s fitting that the first museum to which Raytheon Aircraft is donating a Beech Starship–the Kansas Aviation Museum–is located in Wichita, the city where the composite twin-turboprop pusher was conceived, designed and built. In June Raytheon Aircraft disclosed to AIN (July, page 1) that it planned to destroy all 50 Starships produced because continued support is cost prohibitive.
It became apparent late last year that the management team led by chairman and CEO Kenn Ricci would be unable to raise the investment capital needed to continue fractional provider Flight Options in its then form. John Nahill, Raytheon Co.
After changing hands three times in fairly quick succession over the past decade, the UK’s PremiAir Aircraft Engineering appears to be settling down and renewing its commitment to business aviation. In fact, it was recently appointed by Raytheon Aircraft as an authorized service center for the Premier I.
If you are looking to buy a business jet whose manufacturer provides the highest level of after-sales product support, then you would purchase one of Gulfstream’s original models, according to the results of AIN’s latest product service and support survey. The survey of 798 readers also showed that the turboprop with the best support was one that hasn’t been manufactured since 1985–the Mitsubishi MU-2.
Increasing size provides economies of scale for any business, but for fractional operators attaining “critical mass” in terms of fleet size and flight crews is essential to the model working at all. Profitability then depends on the details of pricing and cost control.