...military strength is very important to this nation. As the world’s police force, it takes a great deal on money to support our interests around the globe and the military is a large part of our global enforcement. Cut the budget too much and we will not be effective. The C-5A Galaxy first rolled off the assembly line in 1968. A newer version, the C5B, came to life in the early 1980s. This newer version had some structural upgrades but not much in the terms of avionics and engines. In the past ten or so years, the reliability of the aircraft has greatly declined. It takes many hours of maintenance for the airplane to fly just one hour. The military wanted to put the airplane in the bone yard and exclusively build the C-17 Globemaster to replace the aging C-5. One problem with that is the C-5 is much larger than the C-17 and the military has...
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...STRAYER UNIVERSITY | Business diversifications of Boeing and Ford Motors | Victor Adejayan | | PROFESSOR WALTER WILLIAM DINGMAN | BUS 508 | A qualitative analysis of the diversification efforts of Boeing and Ford Motors. | Diversification:- Diversification is the process of entering new business markets with new products. Such efforts may be undertaken either through acquisitions or through extension of the company's existing capabilities and resources. The diversification process is an essential component in the long range growth and success of most thriving companies, for it reflects the fundamental reality of changing consumer tastes and evolving business opportunity. But the act of diversifying requires significant outlays of time and resources, making it a process that can make or break a company. Small business owners, then, should carefully study diversification options—and their own fundamental strengths—before proceeding (Gale Encyclopedia of Small Business). Barron’s Marketing Dictionary defines Diversification as; Corporate growth strategy whereby a business builds its total sales by acquiring or establishing other businesses that are not directly related to the company's present product or market (Barron's Business Dictionary). Barron also identified the three major diversification strategies as the following; Concentric diversification, where the new business produces products that are technically similar to the company's current...
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...According to its website, Boeing is the world's leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined. Boeing also designs and manufactures rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles and advanced information and communication systems. Boeing is a major service provider to NASA and the prime contractor for the International Space Station as well. The Boeing Company is best known to the general public for its line of civilian aircraft, the most famous being the Boeing 747. Military sales of $27bn comprise more than half of company revenue, making Boeing the second largest defense manufacturer in the world. Military products include the C-17 Globemaster Transport, F-15 Fighter, AH-64 Apache Attack Helicopter, MH-47 Chinook Helicopter and the Hellfire Missile. The company is the main contractor for the Star Wars missile system. In 2013, Boeing reported total revenues of $81.7 billion dollars. The company operates in over 90 countries and claims the title of America's largest exporter. It has three divisions: commercial airplanes, Integrated Defense Systems (IDS), and Boeing Capital Corporation. Of the three divisions, the most prominent is the commercial airplane section. Boeing was originally founded in Seattle Washington but is now headquartered in Chicago Illinois. After a series of mergers and splits (in which today's United Airlines was spun out, among others), Boeing emerged...
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...aisle --- Levitow then crawled up the 30-degree embankment on his stomach --- Unable to grasp it with his hands, he threw his body on top of it --- Levitow dragged himself to the rear of the aircraft with the flare under him --- He then hurled the flare out the cargo door and it exploded at that instant --- The flare cleared the aircraft and no one was harmed by its explosion - Levitow saved the aircraft and the lives of all of its crew from certain death - On May 14, 1970 Richard Nixon awarded Airman Levitow the Medal of Honor --Levitow is the lowest ranking Air Force member ever to receive the Medal of Honor. - Levitow was the Airlift Tanker Association’s “Hall of Fame” inductee for 1998 - Levitow had a C-17 Globemaster III named for him, “The Spirit of John L. Levitow.” - The John Levitow Award is the highest honor given to a graduate of Air Force Enlisted PME -- To be eligible for the award, the graduate must rank in the top 1% of their class. -John L. Levitow died of cancer on November 8, 2000 -- He is buried at Arlington National Cemetery in Virginia ...
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...Air Policing: Ново ниво на реализма в тренировките 0 BY РЕДАКТОР ON ЯНУАРИ 22, 2015ВЪТРЕШНИ НОВИНИ МиГ-29 Реалното изпълнение на тренировъчната мисия по непознат, различен „нарушител“ е не само първа по рода си инициатива на Командването на ВВС. Със своя реализъм тя доказа, че нашите пилоти и всички специалисти по веригата на дежурните сили и средства на ВВС са в състояние да противодействат ефективно на всеки тип нарушител на въздушното пространство на страната. И то в условията на интензивен въздушен трафик. С реализирането й ние повишихме ефикасността в използването на ограничените ресурси на ВВС, което ще доведе до икономии за нашата авиация. С тази инициатива българските ВВС поставиха ново начало на партньорството със съюзническите ВВС от НАТО. Колегите от командването на авиокрилото за стратегически въздушни превози на Алианса, базирано в авиобаза Папа (Унгария), приеха изключително положително нашата инициатива. Това се вижда и от публикацията за събитието в официалния сайт на авиокрилото – /www.heavyairliftwing.org/. Реалната тренировка и проиграните съвместни действия на симулатора доказаха на практика ефективността на споразумението за взаимодействие между ВВС и ДП „РВД“ при изпълнението на мисията Air Policing. Имаме твърдото намерение да продължим и развиваме това сътрудничество. Това е коментарът на командира на ВВС генерал-майор Румен Радев, специално за вестник „Българска армия“. Поводът е проведената обща тренировка на ВВС и ДП „Ръководство на въздушното...
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...Turbine Engines The history of turbine engines date back to nearly a century ago when Frank Whittle was the first to register a patent in 1930; six years later Hans von Ohain registered his independent work (Bellis, 2012). Frank Whittle, as an English aviation engineer and pilot, gained private financial support to start designing and manufacturing his first turbojet in January 1930 (Bellis, 2012). His first engine was a single-stage centrifugal compressor attached to a single-stage turbine was tested in 1937 (Bellis, 2012). The jet engine has become very complex engine based on simple concepts; in simplest terms, the jet engine produces thrust for flight by compressing, combustion, and accelerating air out the exhaust faster than when it came in the inlet. Throughout my career, I have maintained, troubleshot, and repaired several different types of turbine engines, all of which are similar because of this theory of operation. When looking at a jet engine, everyone usually sees the fan blades, but before this component, there is the inlet, or intake, which is the structure in front of the fan. For aircraft that cannot fly supersonically, the inlet is a basic housing that directs air straight into the fan; for much faster aircraft, the inlet is longer and contains a slight curve as it leads to the fan. This is because when the aircraft is flying at supersonic speeds, the air entering the jet engine must be slowed to subsonic speeds (“the jet engine,” n.d.). It is...
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...Boeing is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in 150 countries. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training. Boeing has a long tradition of aerospace leadership and innovation. The company continues to expand its product line and services to meet emerging customer needs. Its broad range of capabilities includes creating new, more efficient members of its commercial airplane family; integrating military platforms, defense systems and the warfighter through network-enabled solutions; creating advanced technology solutions; and arranging innovative customer-financing options. With corporate offices in Chicago, Boeing employs more than 170,000 people across the United States and in 70 countries. This represents one of the most diverse, talented and innovative workforces anywhere. More than 140,000 employees hold college degrees -- including nearly 35,000 advanced degrees -- in virtually every business and technical field from approximately 2,700 colleges and universities worldwide. Our enterprise also leverages the talents of hundreds of thousands more skilled people working for Boeing suppliers worldwide...
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...Aviation is the design, development, production, operation, and use of aircraft, especially heavier-than-air aircraft. The word "Aviation" was coined by French writer and former naval officer Gabriel La Landelle in 1863, from the verb "avier" (synonymous flying), itself derived from the Latin word "avis" ("bird") and the suffix "-ation".[1] Contents 1 History 2 Civil aviation 2.1 Air transport 2.2 General aviation 3 Military aviation 3.1 Types of military aviation 4 Aviation accidents and incidents 5 Air traffic control 6 Environmental impact 7 See also 8 Notes History Main article: History of aviation Many cultures have built devices that travel through the air, from the earliest projectiles such as stones and spears,[2][3] the boomerang in Australia, the hot air Kongming lantern, and kites. There are early legends of human flight such as the story of Icarus, and Jamshid in Persian myth, and later, somewhat more credible claims of short-distance human flights appear, such as the flying automaton of Archytas of Tarentum (428–347 BC),[4] the winged flights of Abbas Ibn Firnas (810–887), Eilmer of Malmesbury (11th century), and the hot-air Passarola of Bartolomeu Lourenço de Gusmão (1685–1724). The modern age of aviation began with the first untethered human lighter-than-air flight on November 21, 1783, in a hot air balloon designed by the Montgolfier brothers. The practicality of balloons was limited...
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...Cargo Experimental, Heavy Logistic Support (CX-HLS) companion to Lockheed and GE that resulted in the Lockheed C-5 Galaxy. As Boeing developed the 747 Jumbo Jet, they contracted with PW for the JT9/F105 engine to power it, producing 46,300 lbf initially and 50,000 lbf in its final version. The military version the F105 version powers the Boeing E-4A (Military 747) as well as the Boeing 767 and McDonnell Douglas DC-10. In the 1980s, PW developed the PW2037/F117 engine for the Boeing 757-200 to try and win back the business it lost to Rolls-Royce when both PW and GE had declined to bid on the contract for the engines for what began as an upgraded version of the 727 but became the 757. The engine is also used on the Boeing C-17 Globemaster III and produces 43,734 lbf. In the 1990s the Joint Advanced Fighter Engine (JAFE) competition put PW up agents GE again, vying to power the new Air Force Advanced Tactical Fighter (ATF). PW's YF119 engine won out over GE's YF120 engine and now powers the winner of the ATF competition the Lockheed F-22 Raptor, designated the F119 it is equipped with and afterburner and a thrust vectoring system that can move the exhaust gasses up or down to increase the maneuverability of the aircraft. The F119 used as a starting point for the F135 engine. Utilized in the Lockheed F-35 Lightning II, it produces 43,000 lbf in afterburner, also equipped with a thrust vectoring system, which can be articulated to point the exhaust gasses downward...
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...Introduction to Logistic industries Logistics is the management of the flow of resources, not only goods, between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and often security. Today the complexity of production logistics can be modeled, analyzed, visualized and optimized by plant simulation software, but is constantly changing. This can involve anything from consumer goods such as food, to IT materials, to aerospace and defense equipment Origins and definition The term logistics comes from the Greek logos meaning "speech, reason, ratio, rationality, language, phrase", and more specifically from the Greek word logistiki meaning accounting and financial organization Logistics is considered to have originated in the military's need to supply themselves with arms, ammunition and rations as they moved from their base to a forward position. In ancient Greek, Roman and Byzantine empires, military officers with the title Logistikas were responsible for financial and supply distribution matters. The Oxford English Dictionary defines logistics as "the branch of military science relating to procuring, maintaining and transporting material, personnel and facilities." However, the New Oxford American Dictionary defines logistics as "the detailed coordination of a complex operation involving...
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...FINANCIAL COMPARISON BETWEEN THE BOEING COMPANY AND LOCKHEED MARTIN Keith L. Hohl EMGT 452 Semester Project 14 December 1999 Table of Contents 1. Introduction/Study Objective 2. Boeing Financial Statement and Analysis 2.1. Background and Product Lines 2.2. Consolidated Balance and Income Statements 2.3. Divisional Financial Statements 2.4. Ratio and Trend Analysis 3. Lockheed Martin Financial Statement and Analysis 3.1. Background and Product Lines 3.2. Consolidated Balance and Income Statements 3.3. Divisional Financial Statements 3.4. Ratio and Trend Analysis 4. Financial Comparison between the Two Companies 4.1. Consolidated Comparisons 4.2. Military Aircraft and Space Divisions Comparisons 5. Summary/Conclusions 6. Bibliography 7. List of Tables 8. List of Figures List of Tables T-1: Consolidated Financial Balance Sheet-The Boeing Company T-2: Consolidated Income Statement-The Boeing Company T-3: Divisional Financial Summary-The Boeing Company T-4: Consolidated Financial Ratio Analysis-The Boeing Company T-5: Consolidated Financial Balance Sheet-Lockheed Martin T-6: Consolidated Income Statement- Lockheed Martin T-7: Divisional Financial Summary- Lockheed Martin T-8: Consolidated Financial Ratio Analysis- Lockheed Martin List of Figures F-1: Total Assets Divisional Trend Analysis-The Boeing Company F-2: Sales Divisional Trend Analysis-The Boeing Company F-3: Net Earnings...
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...* The Boeing Company’s Financial Reporting Part Two Stephen Hyde XACC/290 June 8, 2014 Dr. Regina Henry * The assets and liabilities listed on a company’s balance sheet and income statement are there to assist investors, shareholders, and employees in determining the financial state of the company. When reporting assets the financial department has a basic outline to follow but often, especially with larger companies, will add different categories to fit their specific needs. The liabilities listed on a company’s financial statement will also follow a basic outline, with added categories to suit their needs. Both the assets and liabilities listed on these financial documents will be compared to each other for anyone who would like to inquire about the company’s financial situation. * The assets stated on the Boeing Company’s balance sheet are in the proper order according to the Generally Accepted Accounting Principles (GAAP). All of the assets are listed in order of their liquidity, this means Boeing is showing the assets in the order in which they are easiest to turn to cash. These assets are listed in the current asset category and are classified as; cash and cash equivalents; short-term and other investments; accounts receivable, net; current portion of customer financing, net; deferred income taxes; inventories, net of advances and progress billings. Some of the assets listed above like accounts receivable, net and current portion of customer...
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...Turbocharger A turbocharger, or turbo (colloquialism), from the Greek "τύρβη" (mixing/spinning) is a forced induction device used to allow more power to be produced for an engine of a given size.[1][2] A turbocharged engine can be more powerful and efficient than a naturally aspirated engine because the turbine forces more intake air, proportionately more fuel, into the combustion chamber than if atmospheric pressure alone is used. Turbochargers were originally known as a turbosuperchargers when all forced induction devices were classified as superchargers, nowadays the term "supercharger" is usually applied to only mechanically-driven forced induction devices.[3] The key difference between a turbocharger and a conventional supercharger is that the latter is mechanically driven from the engine often from a belt connected to the crankshaft, whereas a turbocharger is driven by the engine's exhaust gas turbine. Compared to a mechanically-driven supercharger, turbochargers tend to be more efficient but less responsive. Twincharger refers to an engine which has both a supercharger and a turbocharger. Turbos are commonly used on truck, car, train and construction equipment engines. Turbos are popularly used with Otto cycle and Diesel cycle internal combustion engines. They have also been found useful in automotive fuel cells Operating principle In most piston engines, intake gases are "pulled" into the engine by the downward stroke of the piston[16][17] (which creates a low-pressure...
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...Introduction: The Indian Armed Forces are the military forces of the Republic of India. They consist of the Army, Navy and Air Force, supported by Paramilitary forces[4] (Assam Rifles, Indian Coast Guard and Special Frontier Force) and various inter-service institutions such as the Strategic Forces Command. The President of India is the Supreme Commander of the Indian Armed Forces. The Indian Armed Forces are under the management of theMinistry of Defence (MoD), which is led by the Union Cabinet Minister of Defense. As of 2010, the Indian Armed Forces have a combined strength of 1.32 million active personnel and 1.15 million reserve personnel. In addition there are 2.28 million paramilitary personnel making it one of the world's largest military forces in terms of personnel. The Indian defense budget was US$41 billion during FY2012, at about 1.9% of GDP, with additional spending on infrastructure in border areas and for paramilitary organizations. The Indian armed forces are undergoing rapid modernization, with investments in such areas as a missile defense system and a nuclear triad. India's arsenal includes nuclear weapons with a triad of delivery mechanisms. In 2010, India was the world's leading arms importeraccounting for 9% of global imports and ranked among the top ten in arms export. Israel, Russia and the United States are the primary suppliers to India's armed forces. The country’s capital expenditure for defense equipment may reach US$112 billion between 2010...
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...The Boeing Company 2010 Annual Report At Boeing, we aspire to be the strongest, best and best-integrated aerospace-based company in the world — for today and tomorrow. The Boeing Company Boeing is the world’s largest aerospace company and leading manufacturer of commercial airplanes and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in more than 90 countries. Our products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training. With corporate offices in Chicago, Boeing employs more than 160,000 people across the United States and in 70 countries. Our leadership is strengthened further by hundreds of thousands of people who work for Boeing suppliers worldwide. Contents Operational Summary Message From Our Chairman The Executive Council Financial Results Form 10-K Selected Programs, Products and Services Shareholder Information Board of Directors Company Officers 1 2 7 8 9 134 141 142 142 Cover photo: 787 Dreamliner in flight test Photo above: F/A-18E/F Super Hornet strength Operational Summary Q Earned net income of $3.3 billion, or $4.46 per share, compared with $1.3 billion, or $1.87 per share, in 2009. Q Delivered 115 production military aircraft, two launch vehicles and four satellites, and increased backlog...
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