Articles and News

Telephonics Awarded ARPDD Retrofit Program

Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation (NYSE: GFF), announced today that it has been awarded year two of a multi-year, Indefinite Delivery Indefinite Quantity (IDIQ) production contract valued at approximately $37M from Lockheed Martin for AN/APS-153(V)1 radar retrofit kits with Automatic Radar Periscope Detection and Discrimination (ARPDD) capability. As part of the […]

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Frequency Electronics Inc. Announces 40th Anniversary of NASA Voyager Spacecraft Launch and Accelerated Development of Next Generation Space Timing System

MITCHEL FIELD, N.Y., Aug. 21, 2017 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (NASDAQ:FEIM) celebrates the 40th anniversary of NASA’s launch, exactly 40 years ago yesterday, of the Voyager 2 spacecraft, hurtling through unexplored space, now almost 11 billion miles from Earth. Its precision timing system, designed and manufactured by Frequency Electronics, Inc. (FEI), is still […]

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CURTISS-WRIGHT AWARDED $49 MILLION CONTRACT FOR U.S. NAVAL DEFENSE PLATFORMS

CHARLOTTE, N.C.–(BUSINESS WIRE)– Curtiss-Wright Corporation (NYSE: CW) today announced that it has been awarded a contract valued in excess of $49 million to provide valves for the U.S. Navy’s Virginia-class submarines and Ford-class aircraft carriers. The award was received from Bechtel Plant Machinery, Inc. (BPMI) to support ship construction and spare parts procurement. The contract […]

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PRECIPART’S JOSEPH BRYANT QUOTED IN NEWSDAY’S “EMERGING DEGREES” STEM EDUCATION SECTION

Joseph Bryant, Precipart’s director of manufacturing, was quoted extensively in a Newsday special section discussing STEM Education, and the steps taken by leading business and educational institutions to avert a shortage of STEM (Science, Technology, Engineering, and Math) workers in the years ahead. According to Newsday, 2.4 million new U.S.-based manufacturing workers will be needed […]

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CPI Aero Awarded $15.8 Million Multi-Year Contract by Lockheed Martin for F-35 Canopy Drive Shaft Assemblies

Edgewood, NY — CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American:CVU) today announced that it has been awarded a $15.8 million multi-year contract by Lockheed Martin Company (NYSE: LMT) to manufacture canopy actuation drive shaft assemblies for the F-35 Lightning II, the world’s most advanced multirole fighter. Under this new contract with Lockheed Martin’s Aeronautics division […]

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LI Aerospace Firms Look for Share of Higher Defense Budget

The Trump administration’s plan to increase defense and security spending by $54 billion presents Long Island aerospace companies with an “opportunity we don’t want to miss…”

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U.S. Navy Awards BAE Systems $139 Million Contract to Upgrade USS Tortuga

NORFOLK, Va.–(BUSINESS WIRE)–BAE Systems has received a $139.8 million contract from the U.S. Navy to modernize the dock landing ship USS Tortuga (LSD 46). The Tortuga will undergo 16 months of restorative work at the company’s shipyard in Norfolk, Virginia, the ship’s homeport. The contract includes options that, if exercised, would bring the cumulative value […]

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Robert Botticelli Looks to Boost LI’s aerospace and defense industries

As president and chairman of the board ADDAPT, Robert Botticelli is charged with promoting Long Island’s aerospace and defense industries.

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The Next Space Race

Long Island is gearing up for a 21st century space race. From businesses to politicians to museums and the Island’s own cadre of astronauts, here’s what’s happening.

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Suozzi: Aerospace firms must market themselves more effectively

A summation of Monday’s event at the Tilles Center: an article from Newsday

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All Majors Fuel Cost 2016/2017

Bureau of Transportation Statistics View the All Majors Fuel Cost 2016/2017 chart in PDF format.

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Global Jet Fuel Prices As of December 14, 2017

View the Global Jet Fuel Prices (midpoint)* As of December 14, 2017, compared with previous week and previous year chart in PDF format.

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International Space Station Trio Returns To Earth

Three U.S., European and Russian astronauts and cosmonauts descended safely to Earth aboard their Soyuz MS-05 early Dec. 14 to conclude a 139-day tour of duty aboard the International Space Station. read more

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