Lockheed Martin

CPI Aero catches Lightning, again, with new F-35 deal

By GREGORY ZELLER // The world’s most advanced warplane will get a lift from a longtime Long Island defense contractor. Edgewood-based CPI Aerostructures Inc. has been awarded a $15.8 million contract by the Lockheed Martin Co. to manufacture assemblies that open and close cockpit canopies on all three variants of the F-35 Lightning II, a fifth-generation jet that combines advanced stealth capabilities with fighter-plane speed and agility. The multi-year deal, announced Monday by CPI Aero,…


M3 Technology and the chain of command

By GREGORY ZELLER // Every business owner understands the supply-and-demand principle. The successful ones understand supply is a demand of its own. It’s a common concern for major manufacturers, according to Michael Caton, vice president of operations at Bellport-based M3 Technology: The bigger they are, the harder it is to keep supply lines moving. “Boeing and Lockheed Martin are very good at what they do – large-scale production, running assembly lines,” Caton said. “But they’re…


GAO confirms bomber deal for Northrop Grumman

The General Accounting Office has sealed the deal: Northrop Grumman will build the nation’s next long-range bomber. Boeing and Lockheed Martin, which lost the initial bid last year and appealed, should move on, the GAO ruled on Tuesday. Although the firms can still pursue the matter in court, and may. No surprise if they do: The contract is worth at least $80 billion and maybe $100 million or more, depending on how the Pentagon jiggers…


Pathways to technological success

Two Long Island businesses, an Island college and one of LI’s largest school districts are among the organizations winning “partnership awards” through the third round of the New York State Pathways in Technology program. All told, seven regional winners – each including businesses, institutions of higher learning and public schools – were named by Gov. Andrew Cuomo, who designed the P-TECH partnerships to provide over 10,000 students with a high school diploma, college degree and…


Northrop Grumman out-guns rivals for B-3 contract

Northrop Grumman won the contract to build the Air Force’s next-generation Long Range Strike Bomber, beating out a rival bid from a partnership between Lockheed Martin and Boeing. While it’s too soon to start gearing up local assembly lines, several Long Island defense firms said privately they expect to see future work from the contract, which will likely extend for a decade or more. And Jamie Moore, president of Hauppauge-based ADDAPT, an alliance of technology…


In Sikorsky deal, cautious local optimism

By GREGORY ZELLER // Long Island aerospace manufacturers are reassessing their markets following word of Lockheed Martin’s $9 billion acquisition of Sikorsky Aircraft, but none expect the megadeal to hurt existing business. Some Island parts-makers, in fact, are already anticipating an uptick. The deal, announced earlier this week, is pending regulatory approvals and is expected to close late this year or in early 2016. The prospect of a giant Connecticut-based customer with long ties to regional…