Industry
13,036 news found
IndustryAlso Singapore Airlines criticised the new A-350
Singapore, Republic of Singapore - Multi-billion deals at sea
It seems that the crossed fire of critics that from some days covers the new A-350 had not an end (see for details AVIONEWS). European consortium was charged to have not changed sufficiently to the aircraft,... more
IndustryEADS confirmed BAE Systems' intention to sell its stake in Airbus
Munich, Germany - Discussion about the disposal started
EADS confirmed the start of the preliminary talks for the disposal of the British BAE Systems’ 20% stake in Airbus (see for details AVIONEWS). The British industry called on last Thursday the French-German-Spanish c... more
IndustryHarris Corp. awarded of a near 9 USDm contract
Washington, Usa - For the F/A-18C/D/E/F, EA-18, AV-8B AH-1Z, UH-1Y aircraft
Harris Corp., Government Communications Systems Div., Melbourne, Fla., is being awarded an $8,865,416 modification to a previously awarded firm-fixed-price contract (N00019-05-C-0044) for the procurement... more
IndustryBoeing to supply converted freighters to Avion Group
Seattle, Usa - Air Atlanta Icelandic to operate the B-747/400 airplane
Avion Aircraft Trading has ordered four 747-400 Boeing Converted Freighters to be operated by Avion Group’s subsidiary Air Atlanta Icelandic. The first of the 747-400BCFs is scheduled for redelivery b... more
IndustryGood results in the last financial year for NATS, principal air traffic management provider of UK
London, UK - The growth trend confirmed also this year
NATS, principal air traffic management provider of UK, announced a record in the number of flights which have been managed by the company in the financial year 2005/06. A total of 2,330,589 flights used... more
IndustryFrench Government will not decrease its share in EADS
Paris, France - It was made known by a statement of the Ministry of Economy
France doesn’t want to reduce its 15% share in EADS stock. It was made known by a statement of the French Ministry of Economy and Finances the day after the join announcement by Lagardere and Daimler C... more
IndustryThe works for Alenia Aeronautica's facility, in which it will build some of B-787 Dreamliner's parts, are going on
Taranto, Italy - New jobs for 500 people
Yesterday Italian Minister of Productive Activities, Claudio Scajola, visited the Alenia Aeronautica’s facility which is under construction along Grottaglie-Monteiasi provincial road. The facility will c... more
IndustryAlenia Aeronautica will transform three Boeing 767s into KC-767As
Naples, Italy - The first of the three aircraft has arrived to the Aeronavali plants
Three Boeing 767s will be transformed into multisession tankers KC-767As for Italian Air Force by Alenia Aeronautica at Aeronavali plants in Capodichino (Naples). The Global Tanker Team comprehends Boeing,... more
IndustryAir Europa converted purchase rights into orders for 16 B-737/800
Seattle, USA - It was made known by Boeing
Spanish carrier Air Europa converted today purchase rights into orders for 16 B-737/800. It was made known by Seattle industry in a statement. The deal has a value of about USD one billion and the first... more
IndustryBoeing: Icelandair ordered two additional B-787s
Washington, USA - The two airplanes have a value of approximately $ 290 million at list prices
Boeing yesterday announced that the FL Group, on behalf of Icelandair, and Icelandair have exercised purchase rights for two additional firm 787-8 Dreamliners. The airplanes will be delivered in 2012,... more
IndustryFirst engineering drawings of the new B-747-8
Seattle, USA - The aircraft will be ready within the 2009
Boeing published yesterday the first engineering drawings of the new B-747-8 launched last November and already ordered, in its cargo version, by Cargolux and Nippon Cargo Airlines (see for details AVIONEWS).... more
IndustryDaimlerChrysler and Lagardere will decrease their share in EADS
Munich, Germany - There will be a larger liquidity for future investments
DaimlerChrysler e Lagardere, two of the most important EADS’ shareholders, announced their intention to start simultaneous transitions aimed at reducing by 7.5% each their respective stakes in EADS. T... more
IndustryToday there will be a Board of Thales about the partnership with Alcatel
Paris, France - No objections by Finmeccanica
Today there should have to take place a board of directors of Thales to decide about the strengthening of the links with Alcatel, which is one of its shareholders for the 9.5%. The plan forecasts that... more
IndustryBoeing reports first quarter of 2006 deliveries
Chicago, Usa - For a total of 98 ones
The Boeing Company yesterday announced deliveries across its commercial and defense operations for the first quarter of 2006. Major program deliveries during the first quarter, including deliveries under... more
IndustryMcDonnell Douglas Helicopter Co. awarded of a over 120 USDm contract
Washington, Usa - For the overhaul for aircraft
McDonnell Douglas Helicopter Co., Mesa, Ariz., was awarded on March 30, 2006, a $120,269,205 modification to a firm-fixed-price contract for reliability and safety and recapitalization overhaul for fielded... more
IndustrySikorsky Aircraft Corp. awarded of a near 50 USDm contract
Washington, Usa - For the UH-60L Black Hawk helicopters
Sikorsky Aircraft Corp., Stratford, Conn., was awarded on March 30, 2006, a $48,868,749 modification to a firm-fixed-price contract for UH-60L Black Hawk helicopters. Work will be performed in Stratford,... more
IndustryBoeing selected Intelleflex for the delivery of the chips on the 787 Dreamliner
Seattle, USA - Maintenance costs will be reduced
Boeing selected Intelleflex, an industry based in Silicon Valley in California, to provide the silicon chips to enable radio frequency identification (RFID) "Smart lebels" for the maintenance of important... more
IndustryEADS' new air refuelling system tested
Munich, Germany - No influences on aircraft's handling
EADS made known to have ended the test on the new air refuelling system ARBS (Air Refuelling Boom System). The preliminary results of the test show that aircraft’s handling was not influenced by the i... more
IndustrySKF acquires 100% of SNFA
Turin, Italy - The two bearing suppliers join their powers
SKF Group, international supplier for products, solutions and services in the sector of rolling bearings and grip rings, operates in the field of five divisions: Industrial, Automotive, Electrical, Service... more
IndustryCritics against the A-350
Toulouse, France - European consortium doesn't want to change the plan's design
Last week the US based aircraft leasing company ILFC warned Airbus that if it will not change its middle-size A-350 aircraft’s design, it will risk to be beaten by its rival Boeing which commercialized t... more
IndustryLockheed Martin Corp. awarded of a over 6 USDm increment
Washington, Usa - For the PAC-3 Missile Support Center
Lockheed Martin Corp., Grand Prairie, Texas, was awarded on March 29, 2006, a $6,065,335 increment as part of a $36,390,416 cost-plus-fixed-fee contract for Development and Maintenance of a PAC-3 Missile... more
IndustryMonarch Construction Co. awarded of a near 15 USDm contract
Washington, Usa - For the construction of a maintenance hangar
Monarch Construction Co., Cincinnati, Ohio, was awarded on March 27, 2006, a $14,927,000 firm-fixed-price contract for construction of a C5 scheduled maintenance hangar. Work will be performed at Wright... more
IndustryLockheed Martin Corp. awarded of a over 16 USDm contract
Washington, Usa - For the Apache AH-64D helicopters
Lockheed Martin Corp., Owego, N.Y., was awarded on March 29, 2006, a $16,122,582 firm-fixed-price contract for radar frequency interferometer systems for the Apache AH-64D Helicopters. Work will be performed... more
IndustryCAE will build flight simulators for Europe and America
Montreal, Canada - Contracts for USD 32.6 million
CAE made known to have achieved contracts in Europe and in America, for a value of USD 32,6 million, for the manufacture of flight simulators. The industry will build a simulator for the C-295 twin-engine... more
IndustryBoeing is confident about the new 747-8
Seattle, Usa - More and more hard the competition with Airbus
Boeing said to be confident that its new 450 seats 747-8 will be able to attract the interest of the European and Asian carriers. Seattle industrie’s Vice-President, Jeff Peace, said that the new aircraft w... more
IndustryATR: Kingfisher Airlines took delivery of its first ATR-72/500 aircraft
Toulouse, France - Following the signature of a contract for twenty new aircraft unveiled in November 2005
Kingfisher Airlines, India’s fastest growing airline took delivery of its first ATR-72/500 aircraft. This aircraft is the first to be delivered following the signature of a contract for twenty new ATR-72/500s u... more
IndustryGECAS purchases 60 B-737s
Seattle, USA - Placed a firm order for USD 4bn
GE Commercial Aviation Services (GECAS), General Electric’s aircraft leasing and financing unit, announced the order of 30 Boeing 737s, with the option to buy 30 more. The transaction for total 60 airplanes a... more
IndustrySikorsky Aircraft Corp. awarded of a over 22 USDm contract
Washington, Usa - For the MJ-53 helicopter
Sikorsky Aircraft Corp., Stratford, Conn., is being awarded a $22,385,455 firm fixed priced overhaul/repair contract to provide overhaul/repair of the main gearbox, elastomerticmertic main rotor hub and... more
IndustryRaytheon Space & Airborne Systems awarded of a near 23 USDm order
Washington, Usa - For the F/A-18 aircraft
Raytheon Space & Airborne Systems, El Segundo, Calif., is being awarded $22,850,000 for firm-fixed-price order 0007 against a basic ordering agreement (N00383-04-G-001H) for AN/APG-73 radar spares used... more
IndustryThales (2). Breton: strategic orientation are decided by governance institutions
Paris, France - It was declared by French Minister of Economy Thierry Breton during the quarterly press conference
"As in all the enterprises, governance institutions have to decide about the strategic orientation and not elsewhere. [...] The State is a shareholder of Thales and for this it has some administrators... more
IndustryThales. "Le Tribune": merger project with Alcatel postponed
Rome, Italy - French newspapers also today talked about the big merger Alcatel-Thales-EADS
French newspapers "Le figaro" and "Les Echos" also today talked about comments and indiscretions about the event around which there is the attention of all the space, aeronautical and ICT industries. According... more
IndustryAll is ready for the merger between Alcatel and Thales
Paris, France - It was written by French newspaper "Le Figaro"
The prestigious French newspaper "Le Figaro" wrote yesterday that the merger operation between Thales and Alcatel will be realized soon. The two companies are in agreement as about the valorization as... more
IndustryMcDonnell Douglas Corp. awarded of a near 27 USDm contract
Washington, Usa - For the C-17 aircraft
McDonnell Douglas Corp., Long Beach, Calif., is being awarded a $26,823,300 cost plus fixed fee, firm fixed price contract modification to provide for CY07 Global Reach Improvement Program nonrecurring... more
IndustryBell-Boeing Joint Program Office awarded of a over 17 USDm contract
Washington, USA - For the V-22 aircraft
Bell-Boeing Joint Program Office, Patuxent River, Md., is being awarded a $17,722,078 ceiling-priced order against a previously issued Basic Ordering Agreement (N68335-04-G-0004) to design, develop, manufacture,... more
IndustryMcDonnell Douglas Corp. awarded of a over 5 USDm contract
Washington, Usa - For the T-45C aircraft
McDonnell Douglas Corp., a wholly owned subsidiary of The Boeing Co., St. Louis, Mo., is being awarded a $5,707,067 modification to a previously awarded firm-fixed-priced contract (N00019-04-C-0013) to... more
IndustryThales. German Government: we know nothing about Thales-EADS' merger
Berlin, Germany - Thomas Steg, the vice-spokesperson of the German Federal Government, said it
The German Government, on behalf of its vice-spokesperson, Thomas Steg, has officially disproved what reported on the week "Stern", (see for details AVIONEWS). German Government knows nothing on a possible... more
IndustryFinmeccanica (5). 2005 highlights and significant events since the end of the period
Rome, Italy - Eight significant and important steps
"On 28 January 2005, Finmeccanica and Alcatel signed an agreement to form a partnership in the space sector, which came into effect on 1 July 2005. The agreement covered the creation of two companies,... more
IndustryFinmeccanica (11). Results by sector of activity: OTO Melara, WASS, MBDA
Rome, Italy - Value of production: EUR 1,154 million (+1%); EBIT: EUR 112 million (+15%)
"Demand in the defence systems business is highly cyclical. In the missile segment, global demand is now valued at around USD 18 billion a year. Supply in the sector is very concentrated, both in the US... more
IndustryFinmeccanica (6). Financial operations; Research and Development; outlook
Rome, Italy - In March 2005 the industry launched a new bond issue totalling EUR 500 million
"Financial operations In March 2005 Finmeccanica launched a new 20-year bond issue totalling EUR 500 million, with a coupon of 4.875%, maturing in March 2025. The operation not only introduced some flexibility... more
IndustryFinmeccanica (7). Results by sector of activity: AgustaWestland
Rome, Italy - Value of production: EUR 2,490 million (-4%); EBIT: EUR 272 million (+11%)
"Through AugustaWestland NV and its subsidiaries (wholly owned since 30 November 2004), Finmeccanica is a leader in the global helicopter industry, alongside EADS (Eurocopter) and United Technologies (Sikorsky).... more
IndustryFinmeccanica (8). Results by sector of activity: Galileo Avionica, Selenia Communications, OTE, AMS, Sistemi Navali Internazionali, Elsag, Datamat
Rome, Italy - Value of production: EUR 3,324 million (+60%); EBIT: EUR 269 million (+74%)
"The structure of the defence electronics business was changed significantly by the agreement signed at the end of April 2005 with BAE Systems. This led to: the creation of Selex Sensors and Airborne Systems... more
IndustryFinmeccanica (9). Results by sector of activity: Alenia Aeronautica, Aermacchi
Rome, Italy - Value of production: EUR 2,046 million (+7%); EBIT: 166 million (+42%)
"The aeronautics sector comprises Alenia Aeronautica and its subsidiaries, including Aermacchi, Officine Aeronavali Venezia and the GIE-ATR consortium, in which Alenia owns 50%. Value of production was... more
IndustryFinmeccanica (10). Results by sector of activity: Alcatel Alenia Space, Telespazio
Rome, Italy - Value of production: EUR 736 million (-5%); EBIT: EUR 26 million (+13%)
"Figures for 2005 include the first six months of activity of fully consolidated companies Alenia Spazio and Telespazio, and the following six months of activity relating to the two new joint-ventures,... more
IndustryFinmeccanica (4). Orders, order backlog, research and development, headcount
Rome, Italy - Equal to 15,383 million
"New orders totalled EUR 15,383 million, vs EUR 10,543 million in 2004, an increase of EUR 4,840 million (or 46%). More than 52% of new orders came from the military market, from 50% at December 31, 2004.... more
IndustryFinmeccanica (2). Value of production, EBIT and net profit
Rome, Italy - Equal to EUR 11,469 million, EUR 735 million and EUR 396 million
"Breakdown of key figures Value of production came in at EUR 11,469 million, an increase of EUR 2,311 million on the EUR 9,158 million recorded in 2004. This was in line with the group’s growth targets, a... more
IndustryFinmeccanica (3). The financial net debt
Rome, Italy - Equal to EUR 1,100 million
"Net debt stood at EUR 1,100 million, from EUR 701 million in 2004. This debt/equity ratio of 23% is within the limits of a conservative financial management policy, and below the maximum limits set by... more
IndustryUnited Technologies Corp. awarded of a over 6 USDm contract
Washington, Usa - For the F-15 and F-16 aircraft
United Technologies Corp., Hartford, Conn., is being awarded a $6,052,694 firm fixed price contract. This action provides technical orders as required, for all variants of the F100 engine. The F100 engine... more
IndustryThales. Pansa: Finmeccanica doesn't look for joint-venture, it wants to entry in Thales' capital
Rome, Italy - Alessandro Pansa, Co-Director of Finmeccanica, said it
During a call conference with the financial analysts for the introduction of the 2005 budget data, Finmeccanica’s Co-Director and Financial Director Alessandro Pansa, said that "Finmeccanica has not i... more
IndustryBoeing confirm it will realize a new version of the 787
Seattle, USA - The industry will increase the available seats to greet carriers' requests
A Boeing’s spokesman confirmed the news related yesterday by the "Wall Street Journal" (see for details AVIONEWS) admitting to work to a longer version of the fuel-efficient 787, to try to greet to the s... more
IndustryA-380: "The evacuation test was also an economic patriotism test"
Paris, France - French newspaper "Les Echos" wrote it yesterday
An article of the French newspaper "Les Echos" ironized yesterday about the fact that the evacuation test of the A-380 had a different treatment by press depending on it was European or American. For the... more