Industry
13,144 news found
IndustryBoeing will pay USD 615m to US Government
Washington, USA - It is the negotiations result for fraud accusation
The penal and civil lawsuit against Boeing, which is charged to have irregularly acquired Lockheed Martin’s documents during the NASA tender for space programmes (see AVIONEWS for details), seems to b... more
IndustryThe A-380 program's delay will be recuperated
Paris, France - It was announced by EADS' Financial Director, Hans Peter Ring
EADS’ Financial Director, Hans Peter Ring, meeting yesterday in Paris 800 small shareholders of the group, ensured that as soon as possible it will be tuned up a plan to recuperate the Airbus A-380 program’s del... more
IndustryBoeing: Ryanair announced order for 10 Next Generation 737s
Seattle, Usa - Deliveries for this order begin in 2008
Boeing has logged 10 more orders for its popular Next-Generation 737-800 from Ryanair, Europe’s largest and most profitable low-cost carrier. The order, valued at $705 million at list prices, stems f... more
IndustryEADS. Forgeard: I left the company to safe its interests
Paris, France - According to Forgeard, his person could not obstruct the good governance of the company
The Airbus ex-CEO, the French Noel Forgeard, that last Sunday resigned by the French-German aeronautical colossus (see for details AVIONEWS), released an interview to the Paris’ economical-financial n... more
IndustryGeneral Electric awarded of a over 5 USDm order
Washington, Usa - For the Blackhawk aircraft
General Electric, Lynn, Mass., was awarded on June 26, 2006, a delivery order amount of $5,285,800 as part of an $11,229,450 firm-fixed-price contract for exhaust pipes for the Blackhawk aircraft. Work... more
IndustryMcDonnell Douglas Corp. awarded of a over 82 USDm contract
Washington, Usa - For the EA-18G aircraft
McDonnell Douglas Corp., a wholly owned subsidiary of The Boeing Co., St. Louis, Mo., is being awarded an $82,360,947 cost-plus-award-fee modification to a previously awarded cost-plus-award-fee contract... more
IndustryTurbomeca: engines to power US Army UH-145 helicopters
Paris, France - Nearly 7,000 Arriel engines have been manufactured by the industry
As announced on June 30th, EADS North America and its partners were awarded the United States Army’s Light Utility Helicopter contract (see for details AVIONEWS). The contract includes 322 UH-145 twin-engine h... more
IndustryTurbomeca: engines to power US Army UH-145 helicopters
Paris, France - Nearly 7,000 Arriel engines have been manufactured by the industry
As announced on June 30th, EADS North America and its partners were awarded the United States Army’s Light Utility Helicopter contract (see for details AVIONEWS). The contract includes 322 UH-145 twin-engine h... more
IndustryMerril Lynch: Finmeccanica has good prospects in US market
Rome, Italy - Despite the loss of the tender for the Army's LUH
After the contract award for American Army light helicopters by EADS (see AVIONEWS for details), Merril Lynch confirms Finmeccanica target price at 20 Euros. According to the broker, Finmeccanica was not... more
IndustryRothschild fixed the price of Bae Systems' Airbus share
Amsterdam, The Netherlands - EADS will have to pay EUR 2.75 billion
Rothschild investment bank fixed yesterday the price that EADS will have to pay to BAE Systems to purchase its Airbus share. It is EUR 2.75 billion, an amount that will have to be approved by BAE’s shareholders. B... more
IndustryEADS and Airbus' CEO resigned
Paris, France - Difficult moment of the European consortium
EADS’ board of directors accepted the resignation of Noel Forgeard, EADS’ CEO, and the resignation of Gustav Humbert, Airbus’ CEO. Humbert linked his decision to the recent announcement of delays in th... more
IndustryAvio workers protest
Naples, Italy - Against Alitalia's decision to transfer its orders abroad
The workers of Pomigliano D’Arco’s Avio occupied rail lines of Naples underground Friday morning to protest against possible orders transfer by Alitalia to foreign companies. The President of Senate Env... more
IndustryEurocopter wins the tender for US Army's LUH
Washington, USA - The contract is for 352 UH-145 helicopters with a value of USD 3bn
EADS North America and Eurocopter won the tender to supply Light Utility Helicopter (LUH) to US Army. US Armed Forces will have up to 352 UH-145 aircraft, a version of Eurocopter’s multi-session EC-145, w... more
IndustryLord Corp. awarded of a over 8 USDm contract
Washington, Usa - For the UH-60 Black Hawk
Lord Corp., Erie, Pa., was awarded on June 27, 2006, a delivery order amount of $8,240,400 as part of a $21,163,464 firm-fixed-price contract for rod end bearings for the UH-60 Black Hawk. Work will... more
IndustryMcDonnell Douglas Corp. awarded of a over 34 USDm contract
Washington, Usa - For the C-17 aircraft
McDonnell Douglas Corp., Long Beach, Calif., is being awarded a $34,500,000 firm-fixed-price-contract modification. This contract will provide implementation of the landing gear fleet management program... more
IndustryLockheed Martin Systems awarded of a over 23 USDm contract
Washington, Usa - For the H-60-R helicopter
Lockheed Martin Systems, Owego, N.Y., is being awarded a $23,857,773 firm-fixed-price modification to previously awarded contract for the purchase of spares for the common cockpit for the H-60-R helicopter. Work... more
IndustryGeneral Dynamics Advanced Information Systems awarded of a over 27 USDm contract
Washington, Usa - For the F/A-18E/F aircraft
General Dynamics Advanced Information Systems, Bloomington, Minn., is being awarded a $27,828,796 firm-fixed-price contract for the full rate production of Type 3 advanced mission computers (AMCs) for... more
IndustryMcDonnell Douglas awarded of a over 31 USDm contract
Washington, Usa - For the F/A 18 aircraft
McDonnell Douglas, a wholly owned subsidiary of the Boeing Co., St. Louis, Mo., is being awarded $31,066,218 for firm-fixed-price delivery order under previously awarded contract for manufacture of left... more
IndustryHoneywell Inc. awarded of a over 5 USDm contract
Washington, Usa - For the CH-47 helicopter
Honeywell Inc., Defense and Space Electronic Systems, Clearwater, Fla., is being awarded a $5,157,240 firm-fixed-price contract modification. This action is to exercise an option to purchase sixty-six... more
IndustryUnited Technologies Corp. awarded of a over 16 USDm contract
Washington, Usa - For the F-16 aircraft
United Technologies Corp., Pratt and Whitney Aircraft Group, East Hartford, Conn., is being awarded a $16,263,027 firm-fixed-price contract. This action provides for F100-PW-200/220/220E turbine blade... more
IndustryGoodrich Corp. awarded of a over 5 USDm contract
Washington, Usa - For the CH-47 helicopter
Goodrich Corp., Monroe, N.C., was awarded on June 22, 2006, a $5,673,000 firm-fixed-price contract for Generators for the CH-47 Helicopter. Work will be performed in Pirstone Bucks, United Kingdom, and... more
IndustryTender for US Army multirole helicopter: the reply today
Washington, USA - Finmeccanica, EADS, Bell, Boeing and Lockheed Martin have been joining it
The result of the tender for 320 multirole helicopters supply to US Army, which is USD 2bn worth, is expected today. Competitors are AgustaWestland US-139 (Finmeccanica Group), Eurocopter EC-145 (EADS... more
IndustryEADS complaints the publication of confidential documents
Paris, France - According to the company, these are manoeuvres aiming to emphasize tensions in the leadership
EADS, the European aerospace and defense giant, makes known through a statement it filed complaint against unknown persons with the competent Examining magistrate in Paris for theft and unauthorized disclosure... more
IndustryBoeing: SkyEurope announced increase in order for Next Generation
Seattle, Usa - The airline now has a total order commitment for 21 B-737 airplanes
Boeing announced yesterday that SkyEurope Airlines, the multi-based Central European low-cost airline, has converted purchase rights for five Next-Generation 737-700s into orders. The airline now has... more
IndustryPartnership between Russia and Jordan to manufacture weapons
Moscow, Russia - It was created a new potent rocket launcher
It is more and more close the partnership between Russian and Jordan military companies to produce weapons that were able to be used in the war against terrorism. In fact 150 new weapons have been presented,... more
IndustryAtr: Air Calédonie takes delivery of its first ATR-42/500
Toulouse, France - Three aircraft for a total value of USD 50 million
Air Calédonie today accepted delivery of its first ATR-42/500 aircraft. This aircraft is the first to be delivered following the signature of a contract for three new ATR aircraft (1 ATR-42/500 and 2... more
IndustryOn July 7th it will start the Eli-Expo of Lugo di Romagna
Boulogne, Italy - There will be also the new models of AgustaWestland
It will start on July 7th, with the patronage of the President of the Republic and of the Prime Minister, the Eli-Expo 2006 of Lugo di Romagna (Boulogne). The show has the goal to to approach the public... more
IndustryHeavy costs for Boeing
Seattle, USA - The industry could be obliged to pay 1.1 billion dollars
The Boeing costs for the 2006 could increase a lot. Seattle industry in fact could be obliged to calculate in this year budget 1.1 billion dollars because of its dispute with Lockheed Martin and for the... more
IndustryEADS. Forgeard: I am competent and honest, I do not resign
Paris, France - The co-CE, Noel Fogeard, replied to a French Parliamentarian during his audition at National Assembly
Noel Forgeard, co-CEO of Franco-German EADS Group, the Airbus controller, replied to a French Parliamentarian during his audition at the National Assembly finance commission, which was leaded by Gaullist... more
IndustryBoeing: Aeromexico, ILFC announced deal for B-787 Dreamliners
Seattle, USA - Airline will lease three new 787-8s from ILFC
Boeing International Lease Finance Corp. (ILFC) and Aeromexico, Mexico’s largest airline, yesterday announced the carrier will operate three 787 Dreamliner airplanes, making it the first Latin American a... more
IndustryGalileo Avionica: robotics and automation for the near and far future
Rome, Italy - The industry has participated in "SpaceOps 2006" held from 19 to 23 June
"Galileo Avionica, a Finmeccanica company, has participated in ’SpaceOps 2006’, an international forum about project and space mission operation management held in Rome from 19 to 23 June. Galileo Avi... more
IndustryBoeing will sell Connexion by Boeing
Seattle, USA - The unit didn't succeed to stand out the market
Boeing decided to sell its unit of Internet communications Connexion by Boeing (CB). The decision arrived because the scarce success that CB obtained nearby the airlines. Until now in fact only Lufthansa,... more
IndustryEurocopter will build a maintenance facility in Russia
Marignane, France - It will be built at Ostafievo airport, near Moscow
Eurocopter achieved an agreement with the Russian authorities to create a facility for the maintenance and overhaul services at Ostafievo airport, near Moscow. The agreement was signed in Eurocopter’s h... more
IndustryChina Eastern Airlines bought 30 A-320s
Toulouse, France - The deliveries will start in May 2008
Airbus achieved an agreement with China Eastern Airlines, the third most important Chinese airline, for the delivery of 30 new A-320s. European Consortium will delivery the aircraft from May 2008 to November... more
IndustryEADS: AMF's inspector in the Paris' office of the company
Paris, France - From Toulouse base the enquiry has been enlarged to EADS' headquarters
An EADS’ statement made known that AMF, (Autorité des Marchés Financiers NdR), the French authority on the Stck Exchange, included in its enquiry on the financial movement of the company’s vertex also... more
IndustryEADS: a group of shareholders would present a EUR 10 billion class action
Paris, France - According to the Italian Industrial Association's newspaper yesterday there should have been a change in the company's management
According to Italian economic newspaper owned by the industrial association "Il Sole 24 ore", yesterday should be announced a change in EADS’ management after the scandals that involved the CO-CEO Noel F... more
IndustryAirbus: the A-380 fixes the record for the number of emergency slides
Milan, Italy - These tests are part of the certification's programme by EASA and by FAA
"The world greatest passengers’ airplane has fixed a new record opening at the same time 16 emergency slides using only the energy of the batteries on board, the highest number ever reached of slides f... more
IndustryWendel Group invests in American company
Paris, France - Yesterday was signed the buyout of Deutsch company
With a financial operation signed yesterday the French Group Wendel Investissement acquired for USD 1,04 bn the American company Deutsch Investissement, world leader in the range of sealed interconnection... more
IndustryBringer becomes a partner of Enstrom Helicopter
Sao Paulo, Brazil - As a helicopter dealer
Enstrom Helicopter Corporation announced Brazilian Bringer Corporation as a new member of its worldwide dealership network. Sao Paulo based, Bringer operates two B-767/300F, a twin engine Seneca and a... more
IndustryBoeing reported quarterly dividend
Chicago, Usa - It was announced yesterday by board
Boeing Chairman, President and Chief Executive Officer Jim McNerney reported that a quarterly dividend of thirty (30) cents per share was declared by the board of directors at its meeting yesterday. The... more
IndustryEADS: the company structure does not need changes
Berlin, Germany - The spokesman of German Chancellor, Angela Merkel, declared that
Unlike the words of French Minister of Economy and Finance, Thierry Breton, a statement of the spokesman of German Chancellor, Angela Merkel, says that there are no "Reasons to call into question EADS... more
IndustryBoeing: EVA Air took delivery of its third B-777/300ER
Seattle, Usa - Plane scheduled for static display at the Farnborough International Air Show 2006
Boeing delivered a new 777-300ER (Extended Range) to Taiwan’s EVA Air on Thursday. It is the third Boeing 777-300ER received by the airline which is one of the launch customers for the 777. The twin-engine E... more
IndustryFinmeccanica: Alenia Aeronautica signs a € 75 million contract for 3 C-27Js with Lithuania
Rome, Italy - For the renewal of the current fleet of twin-engine An-26s
"The Lithuanian Republic’s Armed Force and Alenia Aeronautica have signed today a €75 million contract for the supply of three units of the new-generation tactical transport aircraft C-27J. The selection has... more
IndustryEmbraer delivered 275th ERJ-145 family aircraft to ExpressJet
São José dos Campos, Brazil - Initial contract for 25 firm aircraft was expanded to 275 jets
Embraer last Thursday delivered the 275th ERJ-145 family aircraft to ExpressJet under the contract signed ten years ago with former Continental Express. The delivery ceremony took place at Embraer’s h... more
IndustryBoeing: the Federal Government sanction will be partitioned to NASA and the Pentagon
New York, USA - The "Wall Street Journal" said that
The "Wall Street Journal" reports that the USD 615m sanction, which the Federal Government issued to Boeing because of a federal officers corruption matter for some contracts award with Defense administration... more
IndustrySAAB: an office opened in collaboration with the Gripen in Sophia
Sofia, Bulgaria - According to the newspaper "Dnevnik", it will ease the negotiations with the Bulgarian Government
The Bulgarian capital’s newspaper, "Dnevnik" reported the news about the Sweden society Saab, in collaboration with the industry maker of military airplanes Gripen, has opened an office of representation i... more
IndustryEADS. Breton: a solution must be found within next 72 hours
Paris, France - A series of bilateral Franco-German meetings among economic and Government leaders
French Government wants to solve quickly political and imagine crisis of EADS, European consortium controlling Airbus, because of the scandal connected to stock-option sale by co-CEO, Noel Forgeard. According... more
IndustryEADS. "Der Spiegel": delays have been known since last November
Berlin, Germany - The company's commercial manager, John Leahy, is involved too
According to German magazine, "Der Spiegel", delays of A-380 delivery could have been known since November 2005 instead of April this year, as Noel Forgeard says to justify his behaviour. The magazine... more
IndustryEADS: Noel Forgeard will be summoned by French Parliament Finance Commission
Paris, France - The President of the Commission, Pierre Mehaignerie, makes it known
According to the President of French National Assembly Finance Commission, Pierre Mehaignerie, Noel Forgeard, co-CEO of EADS, will be summoned as soon as possible to give explanations about his behaviour... more
IndustryLockheed Martin Corp. awarded of a over 5 USDm contract
Washington, Usa - For the USAF F-16C/D aircraft
Lockheed Martin Corp., Ft Worth, Texas, is being awarded a $5,366,181 firm-fixed-price contract modification. This provisioned items order modification will procure the following spare parts for the USAF... more