Industry
12,999 news found
IndustryEADS TO CUT JOBS
LONDON, EADS yesterday said it is to cut 1500 jobs in the next months, as a part of a restructuring plan. 600 jobs will be cut at EADS two head offices in Paris and Munich, the other 900 jobs in its space... more
IndustryLOCKHEED MARTIN BEGINS ASSEMBLY OF FIRST OPERATIONAL F-22 RAPTOR
FORTH WORTH, USA, Assembly of the first operational F-22 Raptor fighter began here today during a short ceremony attended by U.S. Air Force officials from Tyndall AFB, Fla. -- the future home of this... more
IndustryEADS TO RESTRAIN NET LOSS IN 2000
AMSTERDAM, EADS, the european aerospace group, posted a 909 million euro net loss for 2000, basically due to hefty currency hedging charges. Operating profits were up 11 percent. core profits were driven... more
IndustryANTONIO BONTEMPI NEW CHIEF EXECUTIVE OFFICER AT ALENIA MARCONI SYSTEMS
ROME, Alenia Marconi Systems’ board of directors named Antonio Bontempi chief executive officer. Bontempi will be assisted by the english David Singleton. Alenia Marconi Systems is a joint venture company b... more
IndustryBOMBARDIER: THREE AIRCRAFT DEAL WITH AIR DOLOMITI
TORONTO, Press release: "Bombardier Aerospace has finalized a deal with Italian airline Air Dolomiti for the sale of three CRJ200* aircraft. The transaction, valued at approximately $66 million U.S. ($99... more
IndustryEJ200 MK 101 ENGINE RECEIVES TECHNICAL CERTIFICATE
LONDON, "The EUROJET consortium, comprising FiatAvio (Italy), ITP (Spain), MTU Aero Engines (Germany) and Rolls-Royce plc (UK), has received the Technical Certificate for the production standard MK101... more
IndustryALENIA SPAZIO SIGNS AGREEMENT WITH GASCOM
ROME, Finmeccanica's Alenia Spazio yesterday signed a contract with russian company Gescom for Yamal 200 satellite program. The deal worth $20 million. Alenia will supply C and KU band satellite aerials... more
IndustryTHALES WINS CONTRACT WITH FRENCH ARMY
PARIS, FRANCE, The French defence procurement agency has awarded Thales a contract to develop new tactical radio functionalities and deliver more radio sets to the French Army. The contract, is valued... more
IndustryWIND-TUNNEL TESTING COMPLETE ON BOEING LONGER-RANGE 767-400ER
EVERETT, WASH., Press release: "The Boeing Longer-Range 767-400ER (extended range) program has completed low-speed, wind-tunnel tests at the University of Washington. The tests focused on aerodynamic... more
IndustryDESIGN MILESTONE REACHED FOR BOEING LONGER-RANGE 747-400
SEATTLE, "Boeing engineers have brought passengers one step closer to more comfortable longer-range flight with the completion of 25 percent of all structural engineering releases for the new Longer-Range... more
IndustryGOVERNMENT TO SUPPORT PRODUCTION OF RUSSIAN-MADE JETS
MOSCOW, Russia's Government will support production of new aircraft designs such as Tupolev-214, Tupolev-204, Tupolev-324 Tupolev -334 and Ilyshin-96, Ilya Klebanov, Vice Premier was quoted as saying yesterday... more
IndustryDASSAULT RENEW ITS FALCON 900 BIZJET AND EXPOSE IT AT LE BOURGET
PARIS, FRANCE, French aeronautical company Dassault announced that will renew its line of executive jet, starting by three-engine Falcon 900, which has also acquired by Italian Air Force. At the next... more
IndustryTHALES RAYTHEON AGREEMENT ''ON RIGHT TRACKS''
PARIS, FRANCE, According to a spokesman of French defense group Thales (formerly Thomson CSF), the agreement for a common company between Thales and U.S. Raytheon "is on right tracks", after to have received... more
IndustryINDIA TO BUY MORE THAN 200 AIRCRAFTS IN THE NEXT YEARS, SAYS AIRBUS FORECAST
MUMBAI, INDIA, Airbus Industries' latest market forecast said India's major airlines will have to buy 222 aircraft up to the year 2019 to meet increasing passenger traffic needs and replace their ageing... more
IndustryBOEING RISES LIST PRICES
SEATTLE, Boeing 2001 list prices soared 6,3% compared to those at the beginning of 2000. The rise is more than double the the U.S. consumer inflation rate, which is under 3%. The increase reflects a mechanical... more
IndustryFAIRCHILD DORNIER TO ASSEMBLE 728JET
GERMANY, Fairchild Dornier announced the assembly of the first regional 70-seat 728Jet has begun in the german firm of Oberpfaffenhofen. The aircraft is produced in a venture including the spanish Casa,... more
IndustryBOEING 777: A WORLDWIDE SUCCESS
SEATTLE, In the final stages of production before delivery to El Al Israel Airlines, Air France and American Airlines are three 777-200ER (extended range) airplanes on the flight line in Everett, Wash.... more
IndustryGOODRICH SELECTED TO SUPPLY LANDING GEAR FOR THE AIRBUS A380
CHARLOTTE, NC, Press release: "In what could be one of the largest contracts in the company's history, The BFGoodrich Company (NYSE: GR) announced today that it has been selected to supply the body and... more
IndustryBOMBARDIER Q200 AND Q300 TURBOPROP AIRLINERS RECEIVE TYPE CERTIFICATION FROM JAPAN'S CIVIL AVIATION BUREAU
TOTONTO, "Bombardier Aerospace announced today that it has been granted type certification for both its 37- to 39-passenger Q200* and 50- to 56-seat Q300* turboprop airliners from the Japan Civil Aviation... more
IndustryJAPAN TO DEVELOP SUPERJUMBO WINGS
TOKYO, Boeing has asked Mitsubishi Heavy Industries to develop the main wing of the new B747X superjumbo, a Boeing official said. Kawasaki Heavy Industries will produce the intermediate fuselage for... more
IndustryNEW REGIONAL MANAGER FOR LEARJET SERVICES
WICHITA, Bombardier Aerospace has named Bob Jack Northeast Region Manager for Learjet servive sales. Jack brings 20 years of experience in aviation maintenance to his new role. For more informations,... more
IndustryAIR 2000 ORDERS ROLLS ROYCE, $125 MILLION OF AERO-ENGINE
LONDON, Rolls-Royce announced it secured new RB211-535 engine business worth up to $125 million with UK leisure airline Air 2000. The engines will power Air 2000's fleet renewal order of up to eight Boeing... more
IndustryAIRBUS A380 WILL COST LESS THAN ESTIMATED
TOKYO, Airbus Industrie said in Tokyo that the development of its A380 passenger plane will cost about USD$10.7 billion following an assessment of the superjumbo project, as Airwise News reported.... more
IndustryTAR RULING ABOUT AGUSTA'S APPEAL POSTPONED TO APRIL 11
ROME, The TAR's ruling regarding Agusta's appeal about the bid to supply italian Corps Of Forest Rangers with 49 helicopters was today postponed to April 11 to get more and new documents and allow a closer... more
IndustryBOMBARDIER DELIVERS DASH 8 TO AIR NIPPON OF JAPAN
CANADA, "Bombardier Aerospace today delivered the milestone 600th production Dash 8 aircraft, a Q300* model, to Air Nippon Co., Ltd. (ANK) of Tokyo, Japan. The aircraft is the first of three 56-seat... more
IndustryCIT ORDERS NEW AIRCRAFTS TO BOEING
SEATTLE, USA, Cit Aerospace, a branch of Cit Group, Inc, ordered to Boeing twenty 737-700NG, which will be delivered between 2003 and 2004 and five 757-300 airplanes to be delivered in three years starting... more
IndustryAIRBUS SAYS JAPANESE INDUSTRIES MUST DECIDE SOON WHETHER JOINING A380 PRODUCTION OR NOT
TOKYO, Andreas Sperl, European Aeronautic Defence and Space Co NV unit Airbus Industrie's financial director, said japanese aeronautic industries must decide by the summer whether taking part in A3XX production... more
IndustryCIT AEROSPACE ORDERS 25 BOEING PLANES
SEATTLE, CIT Aerospace, a division of The CIT Group a leading global source for financing and leasing, has placed a firm order for 20 Next-Generation 737-700 and five 757-300 airplanes from The Boeing... more
IndustryTHE ONCOMING SIGNING OF MBDA BOOSTS FINMECCANICA SHARES
MILAN, Finmeccanica shares this morning went up by 4,56% on the italian stock market. This score is related to the board of the company which is called for tomorrow and is expected to give the go ahead... more
IndustryFRANCE ANNOUNCE EXCEPTIONAL 200 YEAR FOR AERONAUTICAL INDUSTRIES
PARIS, FRANCE, According to Gifas, the French grouping of aeronautical and aerospace industries, year 2000 was an exceptional year for the sector, with an increment of 40% compared to 1999. Incomes of... more
IndustryAN-70 PRICE TO BE REDUCED
MOSCOW, Ukraine and Russia are looking into opportunities to slash production costs of the brand-new An-70 transport plane to make it attractive for air forces of the both nations: the plane price tag... more
IndustryBOEING PRESENTS ITS NEWS SATELLITE ENTERTAINMENT SYSTEM
SEATTLE, USA, Boeing presented its new service, digital cinema, capable to deliver by satellite to multiple movie theaters an high definition digital media,with a quality comparable with a normal film.... more
IndustryBOEING X-31 TAKES FLIGHT AGAIN
ST. LOUIS, "The X-31 thrust-vectoring aircraft, first used in the 1990s to successfully demonstrate enhanced combat maneuverability, has taken flight again in a new program called VECTOR, focused on demonstrating... more
IndustryBAE SYSTEMS SIGNS CONTRACT WITH RAYTHEON SYSTEMS
UK, BAE Systems has received a contract for more than $30 million from Raytheon Systems to deliver five Defensive Aids Group (DAG) integrated systems for the UK's Ministry of Defense Airborne Stand-off... more
IndustryBFGOODRICH TO CHANGE NAME AND LOGO
NEW YORK, BFGoodrich Company's Press Release: "With shareholder approval on April 17, The BFGoodrich Company (NYSE: GR - news) will change its legal name to Goodrich Corporation. The company will also... more
IndustrySPRING SALES AT AIRBUS
SYDNEY, AUSTRALIA, French aeronautical consortium Airbus granted Australian carrier Qantas of a special discout of 40% for acquisition of 12 A-380 mega passenger aircraft, to be delivered starting 2005.... more
IndustryMBDA-FINMECCANICA AGREEMENT TO BE SIGNED ON MARCH 8
ROME, The French financial newspaper "La Tribune" reported that the agreement for MBDA making is to be signed on March 8: the European group EADS, English BAe (both with a stake of 37,5%) and the Italian... more
IndustryROLLS-ROYCE TO CARRY ON WORKFORCE REDUCTION
UK, The UK aero and marine-engines group said it will cut about 6000 jobs over the next three years due to a restructuring plan. The current 40.000 strong workforce will shrink by about 15%. Rolls-Royce... more
IndustryBAE SYSTEMS: 1,3 USDBN PROFITS
LONDON, GREAT BRITAIN, British aeronautical and defense group Bae Systems diffused that in the last fiscal year, it have profits for 1,3 USDbn, with a growth of 14% respect 1999. Sales reached about 18... more
IndustryPILATUS: CLOSING OF SALE COMPLETED
STANS, SWITZWERLAND, Unaxis Holding AG today announced today the closing of the sale of Pilatus Aircraft Ltd. of Stans, Nidwalden. This transaction has essentially completed the conversion of the former... more
IndustryEXHAUSTIVE ANALYSIS OF UE ON HONEYWELL ACQUISITION BY GE
BRUXELLES, BELGIUM, European Commission started an exhaustive investigation on acquistion of Honeywell International Inc. by General Electric Corp. The operation concerned Mario Monti, European member... more
IndustryBOUTSEN, FORMER F-1 PILOT NOW SELLS PIAGGIO P-180 AIRCRAFTS
GENEVA, ITALY, Thierry Boutsen, a former F-1 car pilot, with 164 races and three victories, is now the official dealer of Piaggio Aero Industries for France, Montecarlo and Belgium. His task is to... more
IndustryBAE SYSTEMS PROFITS TO FALL
LONDON, British defence group BAE Systems said today that profits fell to 950 million pounds ($1.38 billion) last year. This negative result was due to a slowdown in military orders and cost overruns on... more
IndustryNEW MANAGEMENT APPOINTMENTS AT SNECMA
PARIS, FRANCE, Snecma industrial French Group announced the following management appointments, effective March 1st. Jean Bernard Cocheteux, has been named executive vice predident of Snecma. He was previously... more
IndustryBOEING WINS MILLIONAIRE U.S. NAVY CONTRACT
ST. LOUIS, "The Boeing Company has been awarded a U.S. Navy contract to continue support for F/A-18 Hornet, F-14 Tomcat and SH-60 Seahawk aircraft at the Naval Strike and Air Warfare Center, including... more
IndustryGE WINS ORDER FROM QATAR AIRWAYS
USA, GE Aircraft Engines signed a contract with Qatar Airways to supply the airline the engines to power five Airbus aircrafts. The two parts also signed a 10-year maintenance cost per hour con... more
IndustryAZTECA AIRLINES ORDERS 2 BOEING 737-700
SEATTLE, Boeing announced that Azteca Airlines (Líneas Aéreas Azteca) of Mexico City has ordered two of its Next-Generation 737-700 airplanes. The order makes Azteca - a new regional passenger airline t... more
IndustryBOMBARDIER'S RECORD: 370 AIRCRAFT DELIVERIES
MONTREAL, Press Release: Bombardier announced today a new record of 370 aircraft deliveries for its fiscal year ended Jan. 31, 2001 as compared to 292 in the previous year. This year-to-year increase of... more
IndustryALENIA SPAZIO SIGNS AGREEMENT WITH RUSSIA SPACE COMMUNICATION
ROME, Alenia Spazio (Finmeccanica) signed an agreement with Russia Space Communication Co. (RSCC) to supply the russian company the equipment and the instrumentation for tlc satellites. The announcement... more
IndustryNORTHROP VERSUS LOCKHEED OVER MILITARY CONTRACT
NEW YORK, According "The Washington Post" Northrop Grumman is suing Lockheed Martin for allegedly cutting it out of a dlrs 4 billion Army contract, escalating a fight among various companies over the shrinking... more