BISCAY 2012 ORGANISERS HOLD A ‘SIGN UP’ OPEN DAY ON SATURDAY MARCH 24TH

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Come and look over the F40 and sign up for the inaugural Race

Interest in the Royal Southern Yacht Club’s Biscay 2012 Offshore Race is already looking very positive with around 20 entries pledged to take part in this inaugural Race that starts in the Solent on September 16th. The Race will be run under ISAF CAT 2 coding.

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Loral Reports Fourth Quarter and Year End 2011 Financial Results

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Telstar14R

NEW YORK, NY — (MARKET WIRE) — 02/28/12 — Loral Space & Communications Inc. (NASDAQ: LORL) today reported its financial results for the fourth quarter and full year ended December 31, 2011.

Highlights for the year:

* Telesat(1) and Space Systems/Loral (SS/L) financial results continued to reflect strong operating performance.
* Loral’s liquidity is strong with year end cash of $197 million, no debt, and no drawings against SS/L’s $150 million revolving credit agreement.
* SS/L booked six satellite orders in 2011 and was selected as supplier for three additional satellites booked in early 2012.
* ViaSat 1 and Telstar 14R were launched.
* New order flow resulted in continued robust backlog at both SS/L and Telesat.

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Beside a Giant

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Saturn’s largest moon, Titan, looks small here, pictured to the right of the gas giant in this Cassini spacecraft view.

Image credit: NASA/JPL-Caltech/Space Science Institute

Titan (3,200 miles, or 5,150 kilometers across) is in the upper right. Saturn’s rings appear across the top of the image, and they cast a series of shadows onto the planet across the middle of the image.

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Hawker Beechcraft Commends U.S. Air Force Decision to Reverse LAS Contract Award

AT-6 Weapons Launch

WICHITA, Kan. (Feb. 28, 2012) – Hawker Beechcraft today received notice that the U.S. Air Force will set aside the contract previously awarded to Sierra Nevada/Embraer for the Afghanistan Light Air Support (LAS) competition, effective March 2, 2012, and reinstate Hawker Beechcraft Defense Company to the competitive range under the procurement.

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Boeing Delivers First 747-8 Intercontinental VIP Airplane

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the airplane taking off for its delivery flight from Paine Field on Feb. 28

First of nine 747-8 VIP airplanes will enter service after interior-completion program

EVERETT, Wash., Feb. 28, 2012 /PRNewswire/ — Boeing (NYSE: BA) celebrated a major achievement in the effort to create a Queen of the Skies for the 21st Century, delivering the first 747-8 Intercontinental VIP airplane to an undisclosed customer. The airplane, which was delivered with a minimal interior, will enter service in 2014 after its VIP interior is installed.

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