Industry
13,168 news found
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
IndustryFINMECCANICA, EADS AND BAE SOON IN MBDA
ROME, ITALY, Eads, european aerospace consortium, diffused a bulletin in which is announced the next creation of the Mbda company, in which will be present Finmeccanica, Eads and Bae Systems. This company... more
IndustryFIAR IN SOSTAR GMBH JOINT VENTURE
ROME, Fiar Spa, a Alenia Difesa-Finmeccanica's society, has acquired the 28 per cent of Sostar Gmbh. The other European partners of this joint venture, born for the development of the airborne radar for... more
IndustryAIRBUS STARTED HAMBURG FACTORY'S EXTENSION
HAMBURG, According to AIRwise Airbus Industrie started preparing the ground for an extension to its Hamburg factory today, two days after a court in the city threw out a blocking order that had been imposed... more
IndustryMIG TO MODERNISE INDIA FIGHTER-BOMBERS
MOSCOW, Itar-Tass reported today that the Russian MiG aircraft-making corporation has drawn up a project to modernise the MiG-27M Bahadur fighter-bombers which are in service with the Indian Air Force:... more
IndustryROLLS-ROYCE SIGNED 180USDM CONTRACT WITH UNITED
LONDON, GREAT BRITAIN, British industries Rolls-Royce signed a contract with U.,S. airline United Airlines to supply its V2500 turbofan engines for 44 new Airbus A-320 jetliner in deliver starting 2002.... more
IndustryBOMBARDIER CRJ900 FIRST FLIGHT
MONTREAL, The newest Bombardier Aerospace commercial airliner, the CRJ900, made its first flight today from Montreal's Mirabel International Airport in what crew members described as a "flawless initial... more
IndustryRUSSIAN AIRCRAFT INDUSTRY WORKERS PROTEST
MOSCOW, Protesters are danding tighter state control over the industry and the adoption of a financing program. They are also protesting against the fact that western aircraft producers would get a preferential... more
IndustryKUWAIT'S BANK INVESTING IN AIRBUS
PARIS, The Kuwait Finance House signed an order to Airbus Consortium for the purchase of 4 A320-200: the amount of deal is $200 million, an European consortium spokesman said. Mohammed Al-Omar, general... more
IndustryBFGOODRICH TO SIGN CONTRACT WITH CHINA SOUTHWEST AIRLINES
CHARLOTTE, USA, China Southwest Airlines has announced the selection of The BFGoodrich Company's wheels & brakes for its new fleet of B737NG Aircraft. The fleet will be made up of three B737-800s... more
IndustryDASSAULT AVIATION TO RISE PROFITS IN THE YEAR 2000
PARIS, The french aviation industry reported a turnover for 3,485 million euro, with a rise by 20,6% compared with 1999. The turnover grew by 39,5% in the fourth quarter. more
IndustryLOCKHEED MARTIN SIGNS CONTRACT WITH COLOMBIAN AIRPORT
USA, Lockheed Martin will provide a commercial air traffic control system for Leticia airport, in southern Colombia. The deal worth $15 million and the system is expected to be installed in the next two... more
IndustryBFGOODRICH RECEIVES ORDER FROM USAF
CHARLOTTE, USA, The BFGoodrich Company has received a follow-on order from the United States Air Force (USAF) to supply advanced wheel and carbon brake systems for the balance of 750 F-16 Block 32 and... more
IndustryAIRBUS STATEMENT ON EXTENSION OF HAMBURG, GERMANY FACILITY
HAMBURG, GERMANY, Following recent criticism by environmental groups and reports in the press in relation to the planned extension of its Hamburg facility, Airbus wishes to state the following facts: the... more
IndustryJOB CUTS FOR EADS
PARIS, FRANCE, The recently formed aerospace and defense European consortium EADS is planning to cut about 500 jobs in its facilities of Paris, Madrid and Munchen, on a whole 1500 forecasted in order to... more
IndustryLONDON SCRAPS CIVIL AEROSPACE EXPORTS SUBSIDY
LONDON, According to the major financial agency the British government has scrapped a long-standing subsidy for civil aerospace exports that the industry claims will hamper efforts of Europe's Airbus Industrie... more
IndustryNEW JOINT VENTURE ROLLS-ROYCE-SNECMA MOTEURS
U.K., According a statement, Rolls-Royce and Snecma Moteurs have set up a new joint venture company to conduct programmes related to military combat aero engines which are supported by the UK and French... more
IndustryBOEING WANTS MORE SEATS
SEATTLE, considering that the A321 built by Airbus Industrie can seat up to 220 passengers and has become popular among European charter tour operators, the U.S. aircraft industry, Boeing, is considering... more
IndustryQANTAS ENGINE ORDER: ROLLS ROYCE FAVOURED
LONDON, According to Yahoo-Finance, australia's Qantas Airways will soon announce a decisive $1.2 billion order for aircraft engines with Britain's Rolls-Royce tipped as the likely winner. The order, to... more
IndustryJCAB ORDERS ANOTHER BOMBARDIER GLOBAL EXPRESS
CANADA, Bombardier Aerospace announced that it has sold a second Global Express businness jet aircraft to the Japan Civil Aviation Bureau (JCAB), for use as a special mission aircraft. The JCAB ordere... more
IndustrySINGAPORE AIRLINES ORDERS 20 BOEING 777-200
SINGAPORE, Singapore Airlines (SIA) ordered 20 Boeing 777-200 passenger aircraft (10 with an option to buy 10 more) in a deal worth $4 billion. The new planes will arrive between 2003 and 2009 and replace... more
IndustryOTHER HOPES, AGUSTA SELLS
ANAHEIM, LOS ANGELES, CALIFORNIA, Italian helicopter company Agusta received a further firm order for an AB-139 medium twin helicopter in the last day of Heli-Expo at Anaheim. The new customer is Japanese... more
IndustryAIRBUS IN TALKING ON JAPANESE INDUSTRY FOR A380 SUPER JUMBO
TOKYO, Airbus Industrie should be trying Japanese associates for the construction of the greatest airplane of world: the A380. A French company's spokesman said that the talks are proceeding with MHI,... more
IndustryAGUSTA WESTLAND: THE FORMALIZATION OF AN OLD MENAGE
ROME, Among the world aeronautical community, the most important event, together with the official launch of the C-130 helicopter of Eurocopter in Anaheim, California, actually is the completion of the... more
IndustryU.K. GOVERNMENT IS INVESTING IN ENGINES
LONDON, The England government is investing GBP£250 million in Rolls-Royce to encourage the development of a new range of engines for new super-jumbo A380: the Government receiving a commercial return... more
IndustryTHALES REVENUES CLIMB
FRANCE, In 2000 Thales group revenues reached EUR 8,580 million, an increase of 24.5% over 1999 (EUR 6, 890 million). With a constant scope of consolidation and stable exchange rates, revenues grew by... more
IndustryP&WC FIGURES: ALMOST 2000 ENGINES DELIVERED IN 2000
ANAHEIM, LOS ANGELES, CALIFORNIA, In a press conference held today at Heli-Expo, P&WC chairman, L. David Caplan announced significan figures of his company: global sales reach 2,4 USDbn, of which 1 USDbn... more
IndustryROLLS-ROYCE CELEBRATES 150 MILLION HOUR FOR MODEL 250
ANAHEIM, LOS ANGELES, CALIFORNIA, Rolls-Royce CEO, helicopter division, Stuart Mullan, declared that the position assumed by his company inside the helicopter worldwide market is “satisfactorily” ann... more
IndustryFREEDOM FROM BOEING MEANS PROSPERITY FOR MDHI
ANAHEIM, LOS ANGELES, CALIFORNIA, According to MD Helicopters Inc. (MDHI) president, Hank Shaeken, the future is bright; the declaration comes after reveal that MDHI plans to deliver 20 more helicopters... more
IndustryROBINSON REACH 100 USDM IN 2000 SALES
TORRANCE, CALIFORNIA, In the last year, Robinson Helicopter Company, based on Torrance, California, delivered 390 helicopters (126 R-22 and 264 R-44) and refurbished other 55, for a value of over 100USDm.... more
IndustryJOINT VENTURE BETWEEN GKN AND FINMECCANICA FULLY OPERATIONAL FROM TODAY
MILAN, In a statement, GKN and Finmeccanica said the merger between GKN's unit Westland and Finmeccanica's subsidiary Agusta is completed and the new joint venture, fully operational from today, will be... more
IndustryTURBOMECA AT THE FIRST PLACES OF ENGINE MAKERS CLASSIFICATION
ANAHEIM, LOS ANGELES, CALIFORNIA, In a press conference held at Heli-Expo 2001, president of Turbomeca, Francois Courtot affirmed that his company maintain currently a 47% worldwide coverage for civil... more