Industry
12,929 news found
IndustryFinmeccanica: news from the board of directors about Pansa, Bonferroni and Lo Bello
Rome, Italy - Selex will file a law suit against Marina Grossi
"A soft diarchy has begun in Finmeccanica". This is the title of many Italian dailies today, introducing the results of the Finmeccanica board of directors. Giuseppe Orsi was confirmed president and... more
IndustryFinmeccanica: Bonferroni under investigation
Rome, Italy - The administratio secretay is locked on by Rome public prosecutors
After Giuseppe Orsi, Finmeccanica's administration secretary Franco Bonferroni is under investigation for alleged bribery. It should be noted that some rumors speaks about a potential assignment of the... more
IndustryFinmeccanica is bouncing back: news about the board of director and future partnerships
Rome, Italy - "We must recover our profitability"
The Italian corporation Finmeccanica seems to be bouncing back, increasing its shares to 2,80 Euro each. The Italian financial daily "Milano Finanza" explains that "Finmeccanica share increasing is... more
IndustryAircraft and industry (2): Orsi under escort. Lawyers bring information and data to Naples public prosecutors
Naples, Italy - The investigation on Panama, India and the Italian party Lega Nord continue
Finmeccanica CEO Giuseppe Orsi's lawyer brought the documents related to the contracts made by AgustaWestland in India and Panama to the Naples public prosecutors who are investigating the accusations. The... more
IndustryAircraft and industry: Finmeccanica, less delegated power to Orsi
Rome, Italy - More assignments to the CFO Pansa
The Finmeccanica shareholder meeting is scheduled today May 16 2012. It will approve the 2011 Finmeccanica results, which reported a net 2,3 billion Euro loss last year. According to Italian daily reports,... more
IndustryCanberra defends its C-27J choice against Airbus Military
Canberra, Australia - "Both the projects have been evaluated"
Australia has defended its decision to purchase the Alenia-Aermacchi/L-3 Communications C-27J tactical transport aircraft, dismissing a statement released by Airbus Military expressing disappointment with... more
IndustryA dozen LM F-35 airplanes now call Eglin AFB home
Forth Worth, Usa - The last will be destined for the training
The twelfth Lockheed Martin F-35 Lightning II airplane destined for the training fleet at Eglin Air Force Base, Fla., was ferried yesterday. US Marine Corps pilot Lt. Col. Fred Schenk piloted the aircraft,... more
IndustryPZL Mielec: contract to build Eclipse 550 airframe aircraft
Albuquerque, Usa - First deliveries of the model in 2013
Eclipse Aerospace, Inc. (EAI) announced the signing of an agreement with PZL Mielec, an affiliate of Sikorsky Aircraft and subsidiary of United Technologies Corp., to produce major components for the 550... more
IndustryLM's new standalone launching system significantly reduces weapons integration costs
Canberra, Australia - The Extensible Launching System (ExLS) fired two Nulka missile
Lockheed Martin successfully demonstrated the latest variant of its new launching system that maximizes the use of existing hardware and electronics to reduce the integration costs of weapons by more than... more
IndustryBoeing partner Northrop Grumman to explore opportunities with Brazilian Machining Companies
Itajubà, Brazil - MOAs resulted from industry assessment by Boeing-led Super Hornet team
Boeing Super Hornet industry partner Northrop Grumman has signed Memorandums of Agreement (MOAs) with two Itajubá-based companies that could expand their precision-machining opportunities in the global... more
Industry"Ebace": Airbus Corporate Jets awards its own plant in Toulouse for the 10th aircraft completion
Geneva, Switzerland - Third Airbus network's centre to reach the goal
On the occasions of the events that are taking place during the "EBACE" ("European Business Aviation Conference & Exhibition") convention, in progress in Geneva, there was also room for the award that... more
IndustryHawker Pacific will continue supporting Hawker Beechcraft
Wichita, USA - "In spite of Chapter 11, we will continue to do our best to support them"
Hawker Pacific has announced its support for Hawker Beechcraft, the Wichita aircraft-maker that reached recently an agreement with its creditors on the terms of its financial restructuring under the American... more
IndustryAirbus corporate jet aircraft gain approval for Part 135 operations
Toulouse, France - Will enable more widespread use in charter operations
Airbus’ ACJ-318 and ACJ-319 aircraft have gained EASA (European Aviation Safety Agency), FAA (Federal Aviation Administration) and GACA (General Authority of Civil Aviation of Saudi Arabia) eligibility f... more
IndustryAircraft and industry: Giuseppe Orsi replies about AgustaWestland in India and Panama
Rome, Italy - "I never met Lavitola"
The Italian daily "Corriere della Sera" has made an interview of Giuseppe Orsi, Finmeccanica CEO, where he replied to the accusation launched against the company about the alleged illegal payments AgustaWestland... more
IndustryAircraft and industry. Bombardier: first quarter results plunge by 26%
Washington, USA - Solid catalogue and many orders, but the company decreases incomes
Yesterday May 10, 2012, Bombardier released its financial results for the first quarter ended March 31. Data reveal that Bombardier profits dropped by 26%. Revenues totalled $3.5 billion, compared to... more
IndustryFirst MAS A-380 airplane moves to flight line in preparation for delivery
Blagnac, France - The airline will becom the eighth operator of the model
The first A-380 airplane for Malaysia Airlines (MAS) returned to Toulouse on 9th May following completion of interior furnishing and cabin system tests in Hamburg. The aircraft is now stationed at the... more
IndustryTwo LM F-35B airplanes ferried to Eglin,
Fort Worth, Usa - Marking 25th DoD delivery
Two Lockheed Martin F-35B short takeoff/vertical landing (STOVL) production aircraft were ferried to Eglin Air Force Base, Fla., yesterday, marking the 24th and 25th F-35 deliveries to the Department of... more
IndustryFinmeccanica Innovation Award 2011 assigned
Rome, Italy - Now at its eighth edition
The award ceremony for the Finmeccanica Innovation Award, now at its eighth edition, was held today in Milan. The "Innovation Award" was set up in 2004 with the aim of bringing to light innovative ideas... more
IndustryAirplanes and industry: Israeli Aerospace Industries chooses Joseph Weiss
Tel Aviv, Israel - New leadership for one of the most advanced aerospace realities worldwide
Israeli Aerospace Industries, one of the most popular and well-known brands in the aerospace research and development field, released to press agencies the election of Joseph Weiss as the new company president... more
IndustryAlenia Aermacchi: Australian Air Force chooses the C-27J Spartan aircraft
Rome, Italy - For ten new built models
Alenia Aermacchi, a Finmeccanica company, welcomes the decision taken by the Australian Minister for Defence and Minister for Defence Materiel to purchase 10 new built Alenia Aermacchi C-27J Spartan Battlefield... more
IndustryAircraft, industry and finance. Hawker Beechcraft to local dailies: "Business as usual"
Wichita, USA - In spite of Chapter 11, the company "Has still a future"
"We are continuing to build, deliver and support our customers. We don't anticipate any difference in the day-to-day running of our company" said executive vice president Shawn Vick. The executive stressed... more
IndustryLM: F-35 Lightning II airplane flight test update
Fort Worth, USA - The program continues to make progress during the first four months of 2012
Lockheed Martin’s F-35 Lightning II airplane flight test program continues to make progress during the first four months of 2012. In March, the program completed 123 test flights totaling 223 flight h... more
IndustryKazakhstan signed letter of intent to acquire 20 EC-725 helicopters
Astana, Kazakhstan - They will be assembled in Astana and used by the country’s Ministry of Defense
Kazakhstan has signed a letter of intent to acquire 20 Eurocopter EC-725 helicopters, marking a major new commitment for this medium-lift rotorcraft. These aircraft, which will be assembled in Kazakhstan,... more
IndustryAstrium receives secure airborne satcom contract from Yahsat
Paris, France - Covers modems, baseband equipment, cryptos, network management and ground segment
Astrium, Europe’s space company, has been awarded a contract to provide airborne satcom systems from Star Satellite Communications Company, a subsidiary of Al Yah Satellite Communications Company (Yahsat). Initially A... more
IndustryBoeing completes acquisition of Inmedius
Seattle, Usa - Software provider to be integrated into Boeing subsidiary Continental DataGraphics (CDG)
Boeing announced that it has completed the acquisition of Inmedius, a provider of software applications and services for managing and sharing information and learning content. Terms of the transaction,... more
IndustryEurocopter delivers its second EC-225 helicopter to the Airtelis
Marignane, France - Affiliate of France’s RTE public utility company
Eurocopter, the helicopter manufacturer in civil and parapublic markets, has delivered the second EC-225 to AIRTELIS –a wholly-owned subsidiary of France’s RTE public utility company. Created in 201... more
IndustryBoeing receives from Eva Air order for three B-777 airplanes plus 4 options
Taipei, Taiwan - Order includes purchase rights for an additional four planes
Boeing and EVA Air yesterday finalized an order for three B-777/300ERs (Extended Range) airplanes. The order also includes purchase rights for an additional four airplanes. The Taiwan carrier bases... more
IndustryLM completes delivery of 17 CC-130J Super Hercules aircraft to Canada
Marietta, Usa - Completing the order placed in December 2007
The Royal Canadian Air Force formally accepted the 17th Lockheed Martin CC-130J Super Hercules in ceremonies here yesterday, completing the order placed in December 2007. The aircraft will be flown to... more
IndustryFinmeccanica-DRS meeting: on the table the revitalization of activities
Rome, Italy - "700 million dollar devaluation since 2011"
Not everyone knows that DRS is an American subsidiary of Finmeccanica based at Parsippany, New Jersey. According to its website, the company is a "Leader firm in supplying of integrated products, services... more
IndustryAgreement Thales-Embraer DS on Inertial Navigation System and GPS for the KC-390 airplanes
Neuilly, France - HPIRS combines the advantages of a civil certified product with the performances expected by military aircraft
Thales has been awarded a contract by Embraer Defence and Security to provide the Inertial Navigation System (INS) and the GPS of the KC-390 military transport aircraft. HPIRS (High Performance Inertial... more
IndustrySCAC and Aviastar-SP develop cooperation in the SSJ-100 airplane program
Ulyanovsk, Russia - In order to accelerate a process of the final assembly of the aircraft
In order to accelerate a process of the final assembly of the Sukhoi Superjet 100 (SSJ-100) aircraft Sukhoi Civil Aircraft (SCAC) and Aviastar-SP, a United Aircraft Corporation production facility based... more
IndustryHawker Beechcraft seeks protection against bankruptcy
Wichita, USA - The Wichita aircraft-maker calls for Chapter 11
Hawker Beechcraft, the small aircraft-maker which had been rejected from the LAS tender (Light Air Support, a US Air Force tender for 20 light attack turboprop aircraft in Afghanistan), is seeking solutions... more
IndustryCessna and AVIC partnership strengthens supply for China Aviation needs
Shijiazhuang, China - Eventual jv whose purpose will be the final assembly, sales, and customer support for the Caravan
Cessna Aircraft Company signed a strategic agreement with the China Aviation Industry General Aircraft Company Ltd., (CAIGA) and the Shijiazhuang Municipal Government. This agreement is a progression stemming... more
IndustryATR: 1000th aircraft delivered
Toulouse, France - Destined to the Spanish airline Air Nostrum
ATR marked an important stage in its history today with the delivery of its 1000th aircraft, an ATR-72/600 which will be decked out in the colors of the Spanish airline Air Nostrum, which has a commercial... more
IndustryFinmeccanica. Performance by sector: Aeronautics
Rome, Italy - Order backlog was EUR 8,929 million
Aeronautics Alenia Aermacchi, GIE-ATR (the data of the Consortium are consolidated on a 50% proportional basis), Alenia Aermacchi North America, Superjet International (The data of the Superjet International... more
IndustryPiper Aircraft keeps growing in the first quarter of 2012
Vero Beach, USA - Deliveries increased by 40%
Piper Aircraft does not seem to suffer the crisis, since it still goes on a growth trend already noticed during the past years, in spite of the aviation field difficulties. Airplane deliveries in the... more
IndustryLisa Airplanes will unveil its Akoya amphibious aircraft at "EAA AirVenture Oshkosh"
Oshkosh, USA - The Experimental Aircraft Association event will take place from 23 to 29 July 2012
"AirVenture Oshkosh 2012", America's largest annualaviation gathering, will have a display of particular interest: the presentation of the new amphibious aircraft Akoya by Lisa Airplanes. The French... more
IndustryBoeing takes advantage of ETS to sell airplanes in China
Beijing, China - "It is very rare in this industry that someone buys their competitor's aircraft. We do not do it"
Chinese orders for Airbus aircraft have been recently frozen by China due to the ETS retaliatory measures Beijing started against the carbon taxes. Boeing has immediately moved to obtain this market... more
IndustryF-35A airplane completes first In-Flight refuelling mission with external weapons
Fort Worth, Usa - US Air Force Lt. Col. George Schwartz piloted the test aircraft
A Lockheed Martin F-35A Lightning II conventional takeoff and landing aircraft completed in the last weeks the program’s first in-flight refuelling mission while configured with external weapons at Edwards A... more
IndustryFinmeccanica: 2,1% share loss after C-27 aircraft contract cancellation
Milan, Italy - Accusations continue; Orsi replies
Italian dailies continue to bombard Finmeccanica, reporting that "The situation remains unstable. The stock has suffered a sharp reduction to 3 Euro per share". Today May 02 2012 the situation seems better,... more
IndustryA-350 XWB aircraft aft fuselage delivered to final assembly line
Toulouse, France - 20 metre long
Airbus has delivered the aft fuselage for the A-350 XWB airplane static test airframe to the final assembly line in Toulouse (France). This final section of the fuselage will be assembled with the front... more
IndustryFinmeccanica helicopters: New Delhi calls for new investigation
Delhi, India - "The Indian Embassy in Rome reports Italian authorities conducting preliminary investigations"
The Indian government called for a new investigation into the allegations of malpractice in the procurement of 12 AW-101 helicopters or the Indian Air Force. "Any such complaint or allegation received... more
IndustryFirst new-build Sharklet-equipped A-320 airplane completed in Toulouse
Blagnac, France - For fuel saving
Airbus has produced the first new-build A-320 with Sharklets. Depicted here at its roll-out in Toulouse, MSN 5098 will be one of several A-320 Family aircraft in the certification flight-test campaign... more
IndustryAircraft and industry: Lavitola interrogated by Italian public prosecutors about Finmeccanica
Naples, Italy - Despite the crisis, Finmeccanica's shares raises by 8%
The Italian public prosecutors Vincenzo Piscitelli, Francesco Curcio and Henry John Woodcock have interrogated Valter Lavitola about the bribes that Finmeccanica is said to have paid to push international... more
IndustrySukhoi Superjet 100 aircraft is certified in Mexico
Moscow, Russia - It allows the delivery and operations of aircraft of such a type in Mexico without limitations
On the 16th of April 2012 (but unveiled only yesterday) Direccion General de Aeronautica Civil, the Aviation Authority of Mexico provided Sukhoi Civil Aircraft Company (SCAC) with the Validating Letter... more
IndustryFinmeccanica helicopters: CEO Orsi under investigation by public prosecutors (3)
Rome, Italy - Black day for Finmeccanica
The Italian daily "Corriere della Sera" released today the latest update about Finmeccanica-AgustaWestland related to the bribes paid to Italian political parties. Quoting the newspaper: "Finmeccanica's... more
IndustryAircraft, helicopters and industry: Finmeccanica reduce CEO and CFO wages
Rome, Italy - The top executive will be payed 3,1 million Euro in 2012
Italian Finmeccanica will reduce the salary of its CEO Giuseppe Orsi by 35%, establishing a maximum compensation of 3,1 million Euro in 2012. A statement reports that "The fixed annual wage was confirmed... more
IndustryInvestigation continues on bribes Finmeccanica paid in India
Rome, Italy - Italian public prosecutors reach Lugano
The scene has been moved to Switzerland. An investigation started by Francesco Curcio, Vincenzo Piscitelli, Henry John Woodcock and Francesco Greco ( public prosecutors from Naples) is looking for proof... more
IndustryRolls-Royce awarded engines contract for V-22 aircraft
Indianapolis, Usa - For $ 598 million
Rolls-Royce (R-R), the global power systems company, has signed a $598 Million contract with the US Department of Defense for 268 AE 1107C engines for US Marine Corps and Air Force V-22 aircraft. In... more
IndustryIrkut signs agreement with Pratt & Whitney for MS-21 aircraft engines
Moscow, Russia - The official contract will be signed by May
The Russian aircraft-maker Irkut (which is assembling 40 Sukhoi Su-30 for the Russian Air Force) is going to seal a contract with Pratt & Whitney for the supply of turbofan engines for MS-21 aircraft,... more