Industry
13,201 news found
IndustryRAYTHEON AWARDED 49USDM FOR SMART-T SATELLITE COMMUNICATION SYSTEM RETROFIT
MARLBOROUGH, MASSACHUSETTS, Raytheon Company's SMART-T Secure Mobile Anti-Jam Reliable Tactical Terminal satellite communications program awarded of a $49 million contract to develop, test and validate... more
IndustryRAYTHEON REPORTS FIRST QUARTER EPS FROM CONTINUING OPERATIONS OF $0.28; INCOME FROM CONTINUING OPERATIONS UP 21 PERCENT
LEXINGTON, USA, "Raytheon Company today reported sales of $4.0 billion for the first quarter of 2001, a slight decline from $4.2 billion in sales in the first quarter a year ago. Income from continuing... more
IndustryNEW TURBOMECA ENGINES FOR EC135 EUROCOPTER
BORDES, FRANCE, Turbomeca announced certification of its new version of Arrius turboshaft engine, the 2B1A1, which will be used for Eurocopter EC-135 helicopter, allowing higher performances recorded in... more
IndustryEXECUTIVE JET TO BUY 25 AIRCRAFTS FROM DASSAULT
VAUCRESSON, FRANCE, Executive Jet Inc. has placed a firm order to french Dassault for 25 Falcon business jets with an option for further 25 jets. The deal worth $1,2 billion. Aircrafts will be delivered... more
IndustryNEW CF-34 ENGINE FOR REGIONAL JETS
LOS ANGELES, The flight test of the new 8C series of CF-34 General Electric turbofan started at Mojave airport. This engine is used by regional jets CRJ900 Bombardier, Embraer ERJ-170 and Fairchild Dornier... more
IndustryUS ECONOMIC DOWNTURN DOES NOT SCARE CESSNA
USA, The Kansas-based firm manufacturing business jets is preparing to hire 1000 new employees while, in the mean time, a 10% increase in sales, up to 3,1 USDbn, is expected for this year. Most of the... more
IndustryPIAGGIO PRESENT AT EBACE
GENEVE, SWITZERLAND, At the first EBACE edition, the European Business Conference Exhibition which is also the first business aviation show organized by European Business Aviation Association in partnership... more
IndustryHONEYWELL AND GARRETT TOGETHER FOR UPGRADING HAWKER 700 ENGINES
USA, Honeywell and Garrett, two American industries specialized in aeronautical engines, have agreed for the joined development of the upgrading project of the Hawker 700's TFE731-3 engines. Within this... more
IndustryBOMBARDIER AEROSPACE TO INCREASE PRODUCTION
MONTREAL, CANADA, After the recent orders, among which the suprising 150 aircrafts' order signed by Wisconsin Airlines, Bombardier announced a monthly production rate increase from 12,5 to 14,5 for its... more
IndustryOVERSIZED 747-700 FOR BOEING
WASHINGTON, USA, Due to a small amount of orders, Boeing abandoned the possibility of constructing the supejumbo 747X, the aircraft that should have competed with Airbus A-380. Anyway it does not renounce... more
IndustryAGUSTA LOOSES RECOURSE TO TAR ABOUT CFS HELICOPTER COMPETITION
ROME, ITALY, The Regional Administration Court of Lazio has issued a sentence in which Agusta's request to suspend the competition, with which the Corpo Forestale dello Stato, CFS, wanted to buy several... more
IndustryNEW CONTRACTS FOR BAX GLOBAL
USA, Bax Global, a worldwide company concerned with aeronautic components transportation and supply, has won contracts with two major aerospace companies, Airbus Industrie and Air France. For Airbus, Bax... more
IndustryRUSSIA AND UKRAINETO START AN-70 PRODUCTION SOON
MOSCOW, The production of the Russian-Ukrainian Antonov An-70 cargo plane will start sometime in 2002. "The An-70 is practically ready for serial production. All we need to do is to wrap up test flights... more
IndustryROLLS TO POWER MIDWEST CRAFT IN $640M DEAL
LONDON, British engineering group Rolls Royce said on Tuesday it will supply engines for up to 90 aircraft for U.S. regional airline Midwest Express Holdings Inc (NYSE:MEH - news) in a deal worth $640... more
IndustryITALIAN C-130H AIRCRAFTS SOLD TO BRAZIL
ROME, Lockheed Martin ha sold to Brazil the ageing C-130H aircrafts of the italian Air Force. Lockheed, which produced the planes, bought them back supplying italian Air Force with 22 new Hercules C130J... more
IndustryRAYTHEON AIRCRAFT CUT 450 JOBS
WICHITA, KANSAS, The big American industry Raytheon is planning to cut 450 jobs in its Wichita, Kansas, settlement by the end of the month. The sector which will be reduced is the aeronautic one, which... more
IndustryBOEING TO MARKET ITS SONIC CRUISER BY 2008
SEATTLE, Boeing Commercial Airplanes vice-president, Seddik Belyamani, said the new aircraft Sonic Cruiser, now under development, will be marketed by 2008. The Sonic Cruiser will offer passengers non-stop... more
IndustryJAPANESE AIRCRAFT MAKERS TO INCREASE PRODUCTION
TOKYO, Japanese aircraft industries Mitsubishi and Kawasaki are planning to boost regional jet production. Mitsubishi Heavy Industries Ltd is expected to double production of fuselage fro Bombardier's... more
IndustryTHE NEW ROAD FOR THE TRANSPORT OF THE A-380 PARTS WILL COST 150 EURM
TOULOUSE, FRANCE, The Airbus' Management announced, during a press conference in Toulouse at the Airbus' headoffices, that the realization of the road necessary to move, from Bordeaux's port to Toulouse,... more
IndustryFINMECCANICA-AIRBUS: THE AGREEMENT COULD BE SIGNED IN A FEW MONTHS
MILAN, ITALY, Finmeccanica S.p.A. takes more time before defining its relationship with Airbus Industrie both for the capital sharing of the European society destined to become Joint Stock Company, and... more
IndustryGULFSTREAM EXPECTS JAA CERTIFICATION FOR GULFSTREAM V
USA, For the beginning of next year Gulfstream Aerospace expects to receive the European JAA certification for its bizjet Gulfstream V, although, as the firm president Bill Boisture stated, the Joint... more
IndustryUSA SENATOR ACCUSES LOCKHEED OF SWINDLE PENTAGON
ARLINGTON, VIRGIN, Tom Harkin, American Senator, accused Lockheed Martin industry of perpetrating swindle Pentagon, because the company tried to sell industrial development areas, restructurated with public... more
IndustryAEROTECH TELUB WILL DEVELOP NEW SYSTEMS FOR GRIPEN
SWEDEN, A Swedesh company, Aerotech Telub was commissioned to develop and build a mission valuation and analysis system for the Saab Jas 39 "Gripen" fighter, worth 2 EURm with the option for another... more
IndustryFINANCIAL TIMES PRAISES LINA FOR FINMECCANICA TURN
ROME, The prestigious economic newspaper "Financial Times" dedicated a large article to the restructuring carried out by the Italian group Finmeccanica. According to the newspaper, its managing director... more
IndustryBOEING DELIVERS MORE THAN 100 PLANES IN THE FIRST QUARTER
SEATTLE, Boeing said it has delivered 122 commercial planes in the first quarter of 2001. 72 737 next generation aircraft and 17 military planes are among them. Boeing delivered 75 commercial jets in the... more
IndustryAERONAVALI WILL PERFORM CONVERSION OF THREE MD11 IN CARGO
SEATTLE, USA, Boeing Company announced that it has signed a contract with FedEx in order to modify three additional MD-11 aircraft from passenger to cargo version. These operation will be performed by... more
IndustryFRENCH ECOLOGISTS OPPOSE TO A380 INDUSTRIAL SITE OF TOULOSE
TOULOSE, FRANCE, France Nature Environnement ecologists are opposing to creation of an industial pole near Toulose, to perform the final assembling of the new giant Airbus A380 aircraft. This will... more
IndustryIMPEDING EUROPEAN MILITARY AIRCRAFT COMPANY DEFINITION (WITH ALENIA)
PARIS, FRANCE, Probably for the end of April or for the half of May it will be definited the creation of European Military Aircraft Company, at which will participate Eads, European Aeronautical & Defence... more
IndustryRUSSIA TO INCREASE AIRCRAFT PRODUCTION
MOSCOW, Russia will be making no less than 60-80 civilian planes a year in the next three or four years to upgrade its aged fleet and be able to compete with european and american manufacturers. The announcement... more
IndustryFINMECCANICA CLOSES 2000 WITH A NET PROFIT OF 390 EURO BILLIONS
ROME, ITALY, Finmeccanica group closes 2000 with a 390 EURbn net pertinence profit compared with 70 EURbn of 1999 and a 330 EURbn consolidated profit compared with the 63 EURbn of the previous year. Finmeccanica... more
IndustryBOEING JSF X-32B COMPLETES SUCCESSFUL FIRST FLIGHT
PALMDALE, USA, The Boeing Joint Strike Fighter X-32B demonstrator today successfully completed its first flight, entering a four-month test program to validate the Boeing direct-lift approach to short... more
IndustryMUTUAL AGREEMENT BETWEEN ALENIA SPAZIO AND BOEING
ROME, ITALY, The Italian Alenia Spazio and the American aeronautic and aerospace giant Boeing signed a mutual agreement for exchanging products and services supplies. Alenia Spazio will supply the American... more
IndustryBOEING COULD LEAVE CHALLENGING WITH AIRBUS
SEATTLE, USA, According to a Boeing spokesman, Seattle-based industry could reduce, substantially, in the next times, the managing resources involved with 747X project, which would be (maybe the only one)... more
IndustryBOMBARDIER AEROSPACE EXPANDS AND REALIGNES FRACTIONAL OWNERSHIP MANAGEMENT TEAM
DALLAS, TEXAS, Bombardier Aerospace expands and realignes its Flexjet management team to meet the needs of its growing fractional ownership. Pierre Beaudoin, Bombardier Aerospace and Business Aircraft's... more
IndustryIAI TO RISE PROFITS
ISRAEL, Israel Aircraft Industries reached a net profit of $84 million in 2000, with an increase of 26%, said Moshe Keret, President and CEO of IAI. Sales reached $2,18 billion and the number of contracts... more
IndustryTECHNIP ENTRUSTED FOR DIRECTING A380 CONSTRUCTIONS
TOULOUSE, FRANCE, French engineering group Technip has been entrusted by Airbus Industries for the principal management of the contruction of the new mega A380 aircraft. For its realization, industrial... more
IndustryBAE CLIMBS AND LOOKS TOWARDS FRENCH MARKET
PARIS, FRANCE, The British defence and aeronautical group Bae Systems reached in 2000 a profit of 1.36 billion Euro, with a growth of 14% respect the past year. On the wave of these positive results, the... more
IndustryAIRBUS ENTRUSTS CARROLL TO DIRECT TOKYO'S BRANCH
TOKYO, JAPAN, Airbus announced to have entrusted, for its Japanese branch's direction, of Bae Systems' former Director Patrick Caroll, with the mission of increse the still scarse presence of Airbus in... more
IndustryEMBRAER ANNOUNCES RECORD 2000
BRAZIL, Embraer, Brazilian Air Industry announced that 2000 has been a definitely exceptional year with a profit increse of 56,6%, compared with 1999, profits equal to 307 USDm. The industry has produced... more
Industry1600 NEW JOBS FOR EADS AIRBUS
HAMBURG, GERMANY, Within the rationalization and productive activity process, Eads Airbus GmbH, the German branch of the European aeronautical giant, announced, during a press conference, that 1600 new... more
IndustryESTONIAN GOVERNMENT CHOOSES LOCKHEED MARTIN TO SUPPLY SURVEILLANCE RADARS
SYRACUSE, NEW JERSEY, The Estonian Defence Ministry awarded Lockheed Martin a contract, valued over 30 USDm, for the supply of TPS-117 long range radar systems, that will be used for the surveillance of... more
IndustrySTRATEGIC AGREEMENT BETWEEN LOCKHEED MARTIN AND EASTMAN KODAK
ROCHESTER, NEW JERSEY, A partnership agreement between Lockheed Martin Mission Systems and Eastman Kodak Document Imaging has been signed in order to allow the development of new high quality filming and... more
IndustryEMBRAER TO RAISE MONTHLY OUTPUT
BRAZIL, Brazilian Embraer said it is to boost monthly production from current 16 to 20 aircraft by the end of 2001. "We will deliver a total of 220 aircraft, of which 200 are regional jets (ERJ 135 and... more
IndustryROOL-OUT OF NEW AIRBUS A340-600
TOULOSE, FRANCE, 74 meters long, two more respect to the B747-400 and with a operating range of about 7500 nautical miles, 400 extra respect to the more famous Boeing "jumbo", as pointed out carefully... more
IndustryKHALIFA AIRWAYS ORDERS ENGINES TO ROLLS-ROYCE
LONDON, Rolls-Royce said Algeria's Khalifa Airways ordered three Trent 500 engines to power three Airbus A340-500 ultra long-range aircrafts. The deal worth about $120 million. more
IndustrySECOND MISSILISTIC POLE GOING TO BE BORN
ROME, ITALY, Another worldwide important joint venture agrement is up: between Alenia Marconi System and Matra Bae Dynamics, both already joint ventures, the fusion operation should start in a few days... more
IndustryAIRBUS COUNTS TO REACH 100 A380 ORDERS WITHIN THE END OF THE YEAR
TOULOSE, FRANCE, A spokesman of the French Airbus aeronautic industry, belonging mostly to the EADS Aerospace Company, announced that they expect the achievement of 100 confirmed orders (therefore not... more
IndustryBOEING GOES ON WITH SUPERSONIC JET PROJECT
SEATTLE, Boeing, confirming its intention of carrying on the project of a new supersonic jet, in a statement, said "they identified a set of cost and performance technologies that will allow to reduce... more
IndustryEMBRAER S.A. INVITES YOU TO JOIN ITS CONFERENCE CALL ON THE WEB TO ANNOUNCE FOURTH QUARTER 2000 RESULTS
BRAZIL, In conjunction with Embraer S.A., you are invited to listen to its conference that will be broadcasted live over the Internet on March 23, at 2:30 p.m EST with Mr. Mauricio Botelho (CEO), Mr. Antonio... more
IndustryBOEING GOING TO MOVE HEADQUARTER
SEATTLE, Boeing has decided to move headquarter from Seattle, where the industry was founded in 1916 by William Boeing, to another american city "to be in a location central to our operating units, customers... more