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Sierra Nevada nabs $317M for AC-130 Precision Strike Package by Ed Adamczyk Washington (UPI) Mar 28, 2019 Sierra Nevada Corp. was awarded a $317 million contract for logistics support of armaments on the AC-130 attack aircraft, the Defense Department announced. The contract, announced this week, covers logistics support for the Precision Strike Package aboard the AC-130W and AC-130J. The munitions package includes a trainable 30-millimeter cannon, electro-optical and infrared sensors, special operations forces-specific communications equipment, and an integrated fire control and mission management system Work on the contract will be performed at Cannon Air Force Base in New Mexico and Hurlburt Field, Fla., with an expected completion date of Sept. 30, 2026. The aircraft is based on the C-130H cargo plane and is modified to serve as an aerial gunship. The aircraft features improved navigation, threat detection, countermeasures, and communication suites, and all are equipped with the Precision Strike Package. The modifications provide direct fire to support ground troops, making the plane suitable for close air support and urban operations.
Cathay Pacific to buy budget airline HK Express for $628 mn Hong Kong (AFP) March 27, 2019 Hong Kong flag carrier Cathay Pacific said on Wednesday it will buy budget airline HK Express for more than US$600 million as it moves to counter competition from the increasing number of low-cost carriers in the region. The move is its first foray into the budget sector and will leave Cathay controlling three of the four airlines at one of Asia's busiest airports at a time of huge growth in the region's air industry. It comes weeks after the carrier said it had swung back into the black in 2018 ... read more
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