Industry
13,227 news found
IndustryAirbus: 70% production to be outsourced to become more competitive
Toulouse, France - The intention would be the one of focusing most of all on cases such as China, India and Russia
Boeing outsourced a 30% of the new 787 Dreamliner airliner production to Japan taking great advantages, to an extent that Airbus is still suffering in penetrating the Asian country’s market in a significant m... more
IndustryFinmeccanica: ownership in Sukhoi joint-venture cannot be larger than a 25% stake
Rome, Italy - Giorgio Zappa, Director General of the company, said
A conference was held in Turin yesterday, set by legal office Gianni, Origoni, Grippo & Partners, and entitled "Piemonte, the future is today", where also Giorgio Zappa, Finmeccanica Director General,... more
IndustrySikorsky Aircraft Corp. awarded of a over 6 USDm contract
Washington, Usa - For the VH-3D Executive Helicopter
Sikorsky Aircraft Corp., Stratford, Conn., is being awarded a $6,141,458 modification to a previously awarded firm-fixed-price contract (N00019-03-C-0006) to exercise an option for the fiscal year 2006... more
IndustryBell Helicopter Textron Inc. awarded of a over 30 USDm contract
Washington, Usa - For the AH-1W and UH-1N aircraft
Bell Helicopter Textron Inc., Fort Worth, Texas, is being awarded a $30,213,037 ceiling priced order under previously awarded contract (N00383-04-G-025N) for repair of various components of the AH-1W and... more
IndustryA-380: demand exceeds our production capabilities
Paris, France - It was stated by John Leahy and Gustav Humbert
A second A-380 will perform its maiden flight opening a tour reaching the major worldwide airports starting tomorrow (see for details AVIONEWS). This chance has been seized by the European consortium’s o... more
IndustryEADS purchased a 10% Irkut stake
Paris, France - The agreement was signed at MAKS Air Show and officialized yesterday
EADS and Irkut will found a company aiming to promote the sale, marketing and Be-200 amphibious airplane production. The final agreement between the two firms schedules an EADS’ ownership of a 10% Irkut s... more
IndustryVolgAero: here is the NPO Saturn-Snecma partnership for the RRJ's engines
Moscow, Russia - It will attend to the production of the SaM146 turbofans of the new Sukhoi's commercial airplane
VolgAero will be the name of the company founded by the partnership between Russian NPO Saturn and French Snecma (Safran group). Such an agreement will involve a joint effort in producing components for... more
IndustryATR: Binter Canarias ordered an additional ATR-72/500
Toulouse, France - With this order, the Spanish carrier will replace its ATR-72/210
The Spanish carrier Binter Canarias has signed a contract for a new ATR-72/500 aircraft. This order was unveiled last Thursday on the occasion of a joint press conference between ATR and the airline at... more
IndustryAntonov: Ukrainian aeronautics corporation already aborted
Kiev, Ukraine - Local trust-buster adopted the decision
President Yushchenko had authorized the creation of an Antonov-led aeronautics corporation last May 27, but Ukrainian Anti-Monopoly Committee has rejected the Ukraine President’s ordinance explaining t... more
IndustryATR: Air Tahiti ordered an additional ATR-72/500
Toulouse, France - The aircraft's delivery is scheduled in June 2008
ATR and Air Tahiti announced yesterday an order for one ATR-72/500 aircraft, plus one option. This order was unveiled on the occasion of a press conference held last Wednesday at the European Regions Airlines... more
IndustryMcDonnell Douglas Corp. awarded of a over 7 USDm contract
Washington, Usa - For the F/A-18 aircraft
McDonnell Douglas Corp., a wholly owned subsidiary of The Boeing Co., St. Louis, Mo., is being awarded a $7,374,518 modification to a previously awarded cost-plus-fixed-fee contract (N00421-02-C-3236)... more
IndustryMcDonnell Douglas Corp. awarded of a over 53 USDm contract
Washington, Usa - For the F/A-18E/F
McDonnell Douglas Corp., St. Louis, Mo., is being awarded a $53,463,067 delivery order under a previously awarded firm-fixed-price requirements contract (N00383-01-D-001H) for extended logistics support... more
IndustryAero Vodochody: privatization's criteria to be established by the end of November
Prague, Czech Republic - Deloitte Czech Republic and Salans to be the advisers
By the end of November, advisers Deloitte Czech Republic and Salans are expected to deliver to Czech Government the document with criteria for the Czech aeronautic company Aero Vodochody. The adviser’s d... more
IndustryThales: no talks with Finmeccanica over Atlas Elektronic's purchase
Paris, France - French company's spokesperson reported it
There are still rumours going around about a possibile Thales interest in German company Atlas, interest that would not provide Finmeccanica’s involvment, despite of conflicting info to admit official s... more
IndustryKaman: a go-ahead for recapitalization
Washington, USA – It is being tried to relaunch the company which produces the SH-2G and the K-Max
Recapitalization of US helicopter company Kaman has been approved recently, also scheduling to extend decisional powers of Board of Directors for long-term programmes in order to improve the general condition... more
IndustryGalileo Avionica to supply RF components for F-35
Rome, Italy - This important acquisition has been reached by the Microwave Tube product line – radar systems Business Unit of the company
"Galileo Avionica, a SELEX Sensors and Airborne Systems SpA company, has been awarded a contract with BAE Systems Information and Electronic Warfare Systems of Nashua-NH (USA) to develop radio-frequency... more
IndustrySikorsky Aircraft Corp. awarded of a over 10 USDm contract
Washington, Usa - For the Black Hawk UH-60 Helicopter
Sikorsky Aircraft Corp., Stratford, Conn., was awarded on Oct. 6, 2005, a $10,346,946 firm-fixed-price contract for Spare Parts for the Black Hawk UH-60 Helicopter. Work will be performed in Stratford,... more
IndustryThe Purdy Corp. awarded of a over 17 USDm contract
Washington, Usa - For the Black Hawk Helicopters
The Purdy Corp., Manchester, Conn., was awarded on Oct. 7, 2005, a $17,364,600 firm-fixed-price contract for Rotor Hubs for the Black Hawk Helicopters. Work will be performed in Manchester, Conn., and... more
IndustryHamilton Sundsrand awarded of a 374 USDm contract
Washington, Usa - For the C-130
Hamilton Sundsrand, Windsor Locks, Conn., is being awarded a maximum $374,000,000 fixed price with economic price adjustment, indefinite delivery, indefinite quantity contract for virtual prime vendor... more
IndustryThales: "A great alliance is not necessary"
Paris, France - Chief executive Denis Ranque stated it
"Thales is not isolationist and if there is a possibility of developing a project that reinforces the group, we will look at it seriously. Thales cannot be reduce to an object to aim at or an asset to... more
IndustryBoeing: Austrian Airlines signed contract for additional B-777/200ER
Seattle, Usa - The aircraft are powered by General Electric GE-90 series engines
Austrian Airlines has signed an order for the purchase of one Boeing 777-200ER, taking a significant step toward simplifying the operations and reducing the maintenance costs of its long-haul fleet. Austrian... more
IndustryFinmeccanica: analysts believe in Group growth prospects
Rome, Italy - Profit to increase further in 2006 despite debts rise has been reported
Financial analysts are focusing on Finmeccanica’s condition and prospects for growing further with reference to the Italian aerospace and defence group. Forecasts related to first half 2005 showed that t... more
IndustryA-350 (2): Airbus offered to Russian industry a 3% cooperation stake
Moscow, Russia - European group intends to find subcontractors with which to share risks related to the new airplane development cost
Airbus consortium would have offered to Russian aerospace industry a 3% cooperation stake with reference to the new A-350 medium-long haul twin-engined airliner programme. The European company would have... more
IndustryThales: French Government to decide its future by this year
Paris, France - French "Challeges" weekly wrote it
Two EADS co-CEO, Thomas Enders e Noel Forgeard, commented about the matter which involves EADS, Thales and Finmeccanica (see for details AVIONEWS 1 and 2). According to Enders, as French "Les Echos" newspaper... more
IndustryIs Thales about to lose its independence?
Paris, France - It could occur by the end of 2005 according to some French analysts, and EADS would be particularly interested in acquiring the firm
French press would think that Thales group, competent for avionics and defence electronics, is destined to lose its independence by the end of the current year. European holding EADS would be seen as a... more
IndustryLockheed Martin Corp. awarded of a over 6 USD bn contract
Washington, Usa - For the F-35 Joint Strike Fighter
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Ft. Worth, Texas, is being awarded a $6,528,956,871 modification to re-baseline the previously awarded cost-plus-award-fee F-35 Joint Strike Fighter... more
IndustryA-350: EADS and BAe provided a green light for its production
Amsterdam, Holland - Two different versions and two powerplants to compete in the medium-long haul transport market
EADS and BAe provided an official go-ahead for the beginning of the production of the new A-350 medium-long haul airliner (see for details AVIONEWS). The aerospace companies which own by respectively a... more
IndustryFinmeccanica-Datamat: acquisition has been completed
Milan, Italy - Finmeccanica purchased the 52.7% of Datamat's share capital, within 30 days it will launch a take-over bid for the remaining shares on the market
The acquisition’s value has been EUR 150.9 million. Finmeccanica concluded the transaction (see for details AVIONEWS) by purchasing also shares owned by Chairman Olivieri, Board members Cuturi, Moretti a... more
IndustrySubsidies for aerospace industry: France ready to support the A-350 but a solution for the USA-EU dispute is necessary
Paris, France - No refundable investments in the near-term and EADS will not ask on its part for them until new negotiations start
French Government will directly support the Airbus A-350 programme by refundable investments but it will not happen in the near-term, in order to enable European Union and the United States to achieve... more
IndustryMcDonnell Douglas Helicopter Co. awarded of a over 12 USDm contract
Washington, Usa - For the AH-64A "Apache" Helicopter
McDonnell Douglas Helicopter Co., Mesa, Ariz., was awarded on Sept. 29, 2005, a $12,332,818 firm-fixed-price contract for Post Production Systems Support for the AH-64A Apache Helicopter. Work will be... more
IndustryThe Purdy Corp. awarded of a over 17 USDm contract
Washington, Usa - For the "Black Hawk" Helicopter
The Purdy Corp., Manchester, Conn., was awarded on Sept. 29, 2005, a $17,364,600 firm-fixed-price contract for Helicopter Rotor Hubs for the Black Hawk Helicopter. Work will be performed in Manchester,... more
IndustryRolls Royce awarded of a over 7 USDm contract
Washington, Usa - For the F-402 engine
Rolls Royce, Bristol, England, is being awarded a $7,147,565 priced order under an existing Basic Ordering Agreement contract (N00383-04-G-001M) for procurement of the HP turbine blade used in support... more
IndustryBoeing Aerospace Operations awarded of a over 13 USDm contract
Washington, Usa - For the F-15, F-16, F/A-22
Boeing Aerospace Operations, Oklahoma City, Okla., is being awarded a $13,027,418 firm-fixed price contract modification to provide for F-15, F-16, F/A-22 Contract Aircrew Training and Courseware Development... more
IndustryBristol Environmental & Engineering Services Corp. awarded of a over 28 USDm contract
Washington, Usa - For the construction of an aircraft maintenance hangar
Bristol Environmental & Engineering Services Corp., Anchorage, Alaska, was awarded on Sept. 28, 2005, a delivery order amount of $28,011,000 as part of a $46,996,736 firm-fixed-price contract for Construction... more
IndustrySubsidies to aerospace industry: USA-EU clash on tax breaks for US exporters
Washington, USA – Meanwhile, US Government threatened to worsen the struggle in case of public funds for the A-350
The United States could be damaged by sanctions produced by WTO’s (World Trade Organization) support to European Union concerning tax breaks for exporters. WAshington would intend to appeal, whereas s... more
IndustryFinmeccanica: Finnat Bank estimation for the Italian holding is "At Hold"
Rome, Italy - The Target price at EUR 16.45 per share
These estimations are included in the report that Finnat Bank made about the Italian industrial holding company. The bank estimates that Finmeccanica should sell off its power and transport activities... more
IndustryEmbraer delivered EMB-170 to Hong Kong Express
São José dos Campos, Brazil - The airline is the first operator of the model in Asia
Embraer announced last week that Hong Kong Express Airways Ltd (HKE) has taken delivery of an EMBRAER 170 aircraft at a ceremony held in São José dos Campos, Brazil. HKE is the first operator of Embraer’s EJe... more
IndustryBAE Systems/Rockwell Collins awarded of a over 7 USDm contract
Washington, Usa - For the F-15, F-16, B-2 and AWACS
BAE Systems/Rockwell Collins, Data Link Solutions, Cedar Rapids, Iowa, is being awarded a $7,800,000 firm, fixed-price contract. This award is for multiple spares applicable to the Multi-functional Information... more
IndustryGeneral Electric Co. awarded of a over 10 USDm contract
Washington, Usa - For the F-16 aircraft
General Electric Co., Aircraft Engine, Cincinnati, Ohio, is being awarded a $10,722,057 firm fixed price contract. This award is for fan frame, 51 each, Air Force requirements applicable to F110-129 engine... more
IndustryEngineered Fabrics awarded of a near 12 USDm contract
Washington, Usa - For the C-130
Engineered Fabrics, Rockmart, Ga., is being awarded a $11,878,200.53 firm, fixed-price, indefinite delivery-indefinite quantity contract for production of six assorted (national stock numbers) C-130 fuel... more
IndustryATK Tactical Systems Co. LLC awarded of a over 14 USDm contract
Washington, Usa - For the AV-8, F/A-18, A-10, F-15, F-16, F-22, B-52, B-1 and B-2 aircraft
ATK Tactical Systems Co. LLC, Rocket Center, W.Va., is being awarded a $14,542,228 firm-fixed price contract modification to provide for the DSU-33C/B proximity sensor nose-mounted radio frequency proximity... more
IndustryLockheed Martin awarded of a over 17 USDm contract
Washington, Usa - For the F/A-22
Lockheed Martin, Fort Worth, Texas, is being awarded a $17,688,691 firm-fixed price contract modification to support the F/A-22 Lot 5 Support System. The location of performance is Lockheed Martin, Marietta,... more
IndustryBoeing extended contract with Umbria Cuscinetti
Seattle, USA - For supply of ballscrews and gears
Umbria Cuscinetti, a Foligno-based firm specialized in producing precision ballscrews and gears designed for long life and corrosion resistance, will be the official provider of Boeing over next six years.... more
IndustryPratt & Whitney Canada PT6A-21 engines selected to power new Evektor EV-55 aircraft
Longueuil, Canada - The first EV-55 prototype will be completed in mid-2007, while the certification by the end of 2008
Pratt & Whitney Canada’s (P&WC) world-renown PT6 turboprop family is continuing to win new applications, with the selection of the PT6A-21 engine by Evektor-Aerotechnik of the Czech Republic to power i... more
IndustryBoeing awarded of a over 45 USDm contract
Washington, Usa - For the KC-135E
Boeing, Wichita, Kan., is being awarded a $45,250,216 firm-fixed price contract modification to provide for remanufacture of 27 each inboard, and 27 outboard KC-135E model engine struts, fiscal year 2007,... more
IndustryBoeing Wichita Development and Mod Center awarded of a 81 USDm contract
Washington, Usa - For the VC-25A aircraft
Boeing Wichita Development and Mod Center, Wichita, Kan., is being awarded a $81,000,000 firm-fixed price contract modification to exercise contract option I for FY06. This is the second year of a five-year... more
IndustryPetroleum Traders Corp. awarded of a near 167 USDm contract
Washington, Usa - For deliver of fuels for Army, Navy, Air Force
Petroleum Traders Corp., Ft. Wayne, Ind.,* is being awarded a maximum $166,902,450 fixed price with economic price adjustment contract for deliver of fuels for Army, Navy, Air Force, and Federal Civilian... more
IndustryBell-Boeing Joint Program Office awarded of a over 6 USDm contract
Washington, Usa - For the CV-22 Osprey
Bell-Boeing Joint Program Office, Patuxent River, Md., is being awarded a $6,179,328 ceiling priced order under previously awarded contract (N00383-97-G-002N) for procurement of FY05 spares for the CV-22... more
IndustryRaytheon Co. awarded of a over 29 USDm contract
Washington, Usa - For the F/A-18 and EA-18G
Raytheon Co., El Segundo, Calif., is being awarded a $29,263,457 ceiling-priced cost-plus-award-fee, indefinite-delivery/indefinite-quantity contract to provide technical support for Naval Air Warfare... more
IndustryFinmeccanica-Thales: a partnership in the defence sector still remains a hypothesis without French Government's go-ahead
Rome, Italy - The Italian holding confirmed it to AVIONEWS, underlining that a mutual interest exists currently by both companies though nothing concrete
International press talked about a hypothesis for ties between Italian Finmeccanica group and French Thales company again. There would an intention to merge the two firms’ activities in the strictly r... more