Rolls-Royce Holdings offered a flat earnings forecast for its marine unit in 2012. Rolls-Royce equips the U.S. Navy's DDG-1000 Zumwalt Class destroyer with engines. "[W]e are confident the order book will grow again in 2012 although we continue to expect to see pricing pressure going forward," said Finance Director Mark Morris.
Northstar Aerospace Inc. has received a contract from Rolls-Royce to provide machining for gearboxes and parts used in commercial and military aircraft. In addition, Northstar is building a plant in Indiana that will function as a specialized feeder plant for Rolls-Royce.
Airbus CEO Christian Streiff resigned Monday after Germany opposed his plans for resolving delays with the A380 program. He was replaced by Airbus co-chief Louis Gallois. Gallois says he supports developing a wide-body A350 to compete with Boeing's 787.
NASA and the Department of Defense are funding projects to study the possibility of aircraft that can flex, twist or change shape. Engineers are evaluating flexible skin concepts that allow wings to change shape and devices to recover or ''harvest'' energy as the wings move.
Goodrich has received an Air Force contract to build operator seating for the E-3 Airborne Warning and Control System aircraft. Terms of the agreement weren't disclosed. The company expects to produce more than 500 seats.