Characterizing the stock of AMR Corp. and Delta Air Lines Inc. as undervalued, NatWest Securities analyst Susan Donofrio last week initiated coverage of both major carriers, with a ``buy'' rating.
Two senior MiG pilots from the Czech Republic air force earlier this month flew eight evaluation flights in F-16D aircraft at Lockheed Martin's Ft. Worth facility. Poland, Hungary and the Czech Republic are considered likely candidates for admission to NATO. The primary goal in reorganizing their military forces is to develop military training and doctrine compatible with those in the West.
As a designer and producer of FAA-approved aftermarket jet engine components, the Heico Corp. is dwarfed by original equipment manufacturers Pratt&Whitney, a unit of the United Technologies Corp., and the General Electric Corp.'s aircraft engine division.
The U.S. Air Force has formed its first operational unit to fly a new generation of long-endurance unmanned aerial vehicles--the 11th Reconnaissance Sqdn.
Teledyne Ryan Aeronautical's long-endurance, Tier 2+ unmanned reconnaissance aircraft will rely on clever tactics rather than stealth to operate over modern battlefields.
The U.S. military is relying more on joint operations and training to perform day/night combat search and rescue while exploiting the latest technology such as satellite navigation and communication equipment, as well as night vision goggles.
SOUTH KOREA WILL USE A PORTABLE computer diagnostic system for flight line maintenance of its F-16 aircraft. The three box system, produced by Paravant Computer Systems Inc. of Melbourne, Fla., replaces what previously took 31 pieces of test equipment for the F-16. For most preflight and troubleshooting, a technician need only take two of the boxes, which one person can carry. The system could be used by a variety of modern aircraft, with software tailored for each one, according to Paravant.
The top managers for six large U.S. aerospace companies are meeting with executives from five French, German and Italian companies to outline teaming for a new multibillion dollar air/missile defense system sparked by reinvigorated transatlantic cooperation.
The X-31 program appears to have reached its conclusion with the exhaustion of funds in March, but participants have contributed to this week's planned flight demonstration at the Paris air show.
In a reversal, the Air Force is looking for a near-term replacement for its retiring RF-4Cs until a long-term manned reconnaissance capability can be developed.
Uzbekistan defense officials have proposed incorporating a formerly classified satellite-tracking site into the U.S. space surveillance network, which could improve capabilities to detect orbital debris.
A senior U.S. Navy official believes the stealthy attack aircraft the service wants from the Joint Advanced Strike Technology program will also meet the Air Force's requirement for an F-117 and F-15E replacement.
A wide-ranging French research program on ramjet/scramjet engine technology is entering a critical test phase that will pave the way for hypersonic propulsion.
THE U.K. DEFENSE MINISTRY is expected to order as many as 30 Lockheed C-130J Hercules military transports before the end of the year for deliveries beginning in 1996.
