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AEROSPACE
Sikorsky awarded $700M to repair CH-53, MH-53 parts
by Tauren Dyson
Washington (UPI) Oct 25, 2018

Sikorsky Aircraft Corp. received an award for $717.4 million to deliver logistics and repair support on helicopters for the U.S. Navy.

The firm-fixed-priced, performance-based logistics requirements contract, announced Wednesday by the Department of Defense, calls for Sikorsky to repair and replace 98 CH-53 and MH-53 aircraft weapon parts.

The Navy will issue $142.7 million for a delivery order which will run concurrently with the contract, with further funds being obligated to Sikorsky for delivery orders as they are issued.

This contract carries a 50-month base period with no options, and work on the contract is expected to be completed by December 2022.


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AEROSPACE
Cathay Pacific hit by data leak affecting 9.4m passengers
Hong Kong (AFP) Oct 24, 2018
Hong Kong flag carrier Cathay Pacific said Wednesday it had suffered a major data leak affecting up to 9.4 million passengers. The airline admitted data including passport numbers, identity card numbers, email addresses and credit card details was accessed. "We are in the process of contacting affected passengers, using multiple communications channels, and providing them with information on steps they can take to protect themselves," Cathay Pacific Chief Executive Officer Rupert Hogg said in a ... read more

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