BUSINESS
April 3, 2012 | By W.J. Hennigan, Los Angeles Times
With proposed federal budget cuts threatening military contracts and employment in Southern California's aerospace industry, about 2,000 Northrop Grumman Corp. workers were urged by a powerful congressional supporter to fight to save industry jobs. "I implore you, no, I beg you, to stop this from happening," Rep. Howard "Buck" McKeon (R-Santa Clarita) exhorted workers Monday morning during a rousing speech at Northrop's sprawling manufacturing plant in Palmdale, where it built the B-2 stealth bomber.
BUSINESS
March 13, 2012 | By W.J. Hennigan, Los Angeles Times
In an estimated $1-billion boost to the Southland aerospace industry, satellite maker Boeing Co. and rocket firm Space Exploration Technologies Corp., better known as SpaceX, announced plans to build and launch four satellites for telecommunications firms in Mexico and Hong Kong. The companies' joint satellite order will help preserve high-paying engineering jobs in the South Bay and throws a lifeline to hundreds of smaller aerospace suppliers feeling an economic pinch with Pentagon and NASA budget cuts on the horizon.
BUSINESS
March 5, 2012 | By E. Scott Reckard
Kinecta Federal Credit Union of Manhattan Beach and NuVision Federal Credit Union of Huntington Beach have called off a plan to combine in one of the biggest mergers in the history of the industry. With roots deep in Southern California's aerospace industry, Kinecta and NuVision had been working on the merger for a year and a half. They had hoped their deal would close early this year, but said in a recent joint statement that in the tough current economy it would have taken them two more years to integrate their operations.
CALIFORNIA | LOCAL
February 26, 2012 | By Martha Groves, Los Angeles Times
After a nearly decade-long hiatus, the Museum of Flying has once again spread its wings at Santa Monica Airport. Under blue skies, a new 22,000-square-foot facility opened its doors Saturday to hundreds of aviation enthusiasts who stood in line for a chance to check out about two dozen flying machines on display. Guests ranged from babies in backpacks to retired aviation and aerospace workers such as Richard Schneidmiller, 82, who analyzed failed aircraft parts at the airport for two years after World War II. Griffin Gamble, 10, of Brentwood was among the first to man the controls of a Boeing 727, donated by FedEx, that juts straight out of the museum's corrugated metal wall on Airport Avenue.
BUSINESS
October 8, 2011 | By W.J. Hennigan, Los Angeles Times
Southern California's aerospace industry — from the early days of pioneers such as Jack Northrop, Howard Hughes and Donald Douglas to today's robotic drones — will be explored in a new exhibition in San Marino. Beginning Saturday, the Huntington Library will showcase the aerospace industry's influence on Southern California in the 20th century. The exhibition aims to show how the industry transformed the Southland from a land of orange groves to a high-tech metropolis. Photos: 100 years of Southland aviation history "Southern California as we know it would not exist without aerospace," said Peter Westwick, director of the Huntington Library's aerospace history project.
BUSINESS
September 15, 2011 | By W.J. Hennigan, Los Angeles Times
Seeking to whip up public support for what's expected to be a hard-fought budget battle in Congress, a group of defense contractors launched a lobbying campaign urging an end to cuts in military spending. The campaign, named Second to None, was introduced by the Aerospace Industries Assn. trade group Wednesday at the National Press Club in Washington. The group, which represents manufacturers and suppliers of aircraft, space systems and engines, warned of potential job losses and national security risks.
BUSINESS
August 25, 2011 | By W.J. Hennigan, Los Angeles Times
In another blow to Southern California's defense industry, aerospace giant Northrop Grumman Corp. said it is cutting 500 jobs in its aerospace division in anticipation of a slowdown in Pentagon spending. The company began offering a voluntary buyout program Thursday but said layoffs would ensue if fewer than 500 people agree to leave before Oct. 28. This is the second time in less than a year that Northrop's operations in Southern California — home to the vast majority of the 23,000 employees in its aerospace division — has experienced job losses.
BUSINESS
July 5, 2011 | By W.J. Hennigan, Los Angeles Times
Bob Kahl slips in through a side door of the vast, abandoned hangar and looks at what's left of the assembly plant where he worked for nearly 40 years. He remembers the hum of power tools, the biting aroma of cutting oil, swarms of workers plugging away on a labyrinth of yellow scaffolding. All that's left is a few piles of broken concrete and a sea of colorless dust that coats a Palmdale factory floor the size of two football fields. "Welcome to the birthplace of America's space shuttle fleet," said Kahl, 60, smiling.
CALIFORNIA | LOCAL
June 15, 2011 | By Elaine Woo, Los Angeles Times
Al Schwimmer, a former aircraft engineer who smuggled American planes to Israel for its 1948 war of independence, founded its aerospace industry and later became a figure in the Iran-Contra affair, died in Tel Aviv on Friday, his 94th birthday. The cause was complications of pneumonia, according to a spokesperson for Israel Aerospace Industries, the company Schwimmer developed and led for more than 25 years. Schwimmer was a 2006 recipient of the Israel Prize, considered the state's highest honor.
NATIONAL
May 12, 2011 | Mark K. Matthews, Washington Bureau
NASA's latest plan to replace the space shuttle would cost at least $10 billion during the next six years and would utilize recycled shuttle parts, with no guarantee the rocket would be used again, according to documents obtained by the Orlando Sentinel. The space agency's "shuttle-derived test flight campaign" would provide a rocket to test a nascent crew capsule — and keep shuttle workers and the aerospace industry busy — while NASA figures out what it wants in a next-generation "heavy-lift" rocket that could go to the moon or beyond.