Industry
13,158 news found
IndustryThales: "A great alliance is not necessary"
Paris, France - Chief executive Denis Ranque stated it
"Thales is not isolationist and if there is a possibility of developing a project that reinforces the group, we will look at it seriously. Thales cannot be reduce to an object to aim at or an asset to... more
IndustryBoeing: Austrian Airlines signed contract for additional B-777/200ER
Seattle, Usa - The aircraft are powered by General Electric GE-90 series engines
Austrian Airlines has signed an order for the purchase of one Boeing 777-200ER, taking a significant step toward simplifying the operations and reducing the maintenance costs of its long-haul fleet. Austrian... more
IndustryFinmeccanica: analysts believe in Group growth prospects
Rome, Italy - Profit to increase further in 2006 despite debts rise has been reported
Financial analysts are focusing on Finmeccanica’s condition and prospects for growing further with reference to the Italian aerospace and defence group. Forecasts related to first half 2005 showed that t... more
IndustryA-350 (2): Airbus offered to Russian industry a 3% cooperation stake
Moscow, Russia - European group intends to find subcontractors with which to share risks related to the new airplane development cost
Airbus consortium would have offered to Russian aerospace industry a 3% cooperation stake with reference to the new A-350 medium-long haul twin-engined airliner programme. The European company would have... more
IndustryThales: French Government to decide its future by this year
Paris, France - French "Challeges" weekly wrote it
Two EADS co-CEO, Thomas Enders e Noel Forgeard, commented about the matter which involves EADS, Thales and Finmeccanica (see for details AVIONEWS 1 and 2). According to Enders, as French "Les Echos" newspaper... more
IndustryIs Thales about to lose its independence?
Paris, France - It could occur by the end of 2005 according to some French analysts, and EADS would be particularly interested in acquiring the firm
French press would think that Thales group, competent for avionics and defence electronics, is destined to lose its independence by the end of the current year. European holding EADS would be seen as a... more
IndustryLockheed Martin Corp. awarded of a over 6 USD bn contract
Washington, Usa - For the F-35 Joint Strike Fighter
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Ft. Worth, Texas, is being awarded a $6,528,956,871 modification to re-baseline the previously awarded cost-plus-award-fee F-35 Joint Strike Fighter... more
IndustryA-350: EADS and BAe provided a green light for its production
Amsterdam, Holland - Two different versions and two powerplants to compete in the medium-long haul transport market
EADS and BAe provided an official go-ahead for the beginning of the production of the new A-350 medium-long haul airliner (see for details AVIONEWS). The aerospace companies which own by respectively a... more
IndustryFinmeccanica-Datamat: acquisition has been completed
Milan, Italy - Finmeccanica purchased the 52.7% of Datamat's share capital, within 30 days it will launch a take-over bid for the remaining shares on the market
The acquisition’s value has been EUR 150.9 million. Finmeccanica concluded the transaction (see for details AVIONEWS) by purchasing also shares owned by Chairman Olivieri, Board members Cuturi, Moretti a... more
IndustrySubsidies for aerospace industry: France ready to support the A-350 but a solution for the USA-EU dispute is necessary
Paris, France - No refundable investments in the near-term and EADS will not ask on its part for them until new negotiations start
French Government will directly support the Airbus A-350 programme by refundable investments but it will not happen in the near-term, in order to enable European Union and the United States to achieve... more
IndustryMcDonnell Douglas Helicopter Co. awarded of a over 12 USDm contract
Washington, Usa - For the AH-64A "Apache" Helicopter
McDonnell Douglas Helicopter Co., Mesa, Ariz., was awarded on Sept. 29, 2005, a $12,332,818 firm-fixed-price contract for Post Production Systems Support for the AH-64A Apache Helicopter. Work will be... more
IndustryThe Purdy Corp. awarded of a over 17 USDm contract
Washington, Usa - For the "Black Hawk" Helicopter
The Purdy Corp., Manchester, Conn., was awarded on Sept. 29, 2005, a $17,364,600 firm-fixed-price contract for Helicopter Rotor Hubs for the Black Hawk Helicopter. Work will be performed in Manchester,... more
IndustryRolls Royce awarded of a over 7 USDm contract
Washington, Usa - For the F-402 engine
Rolls Royce, Bristol, England, is being awarded a $7,147,565 priced order under an existing Basic Ordering Agreement contract (N00383-04-G-001M) for procurement of the HP turbine blade used in support... more
IndustryBoeing Aerospace Operations awarded of a over 13 USDm contract
Washington, Usa - For the F-15, F-16, F/A-22
Boeing Aerospace Operations, Oklahoma City, Okla., is being awarded a $13,027,418 firm-fixed price contract modification to provide for F-15, F-16, F/A-22 Contract Aircrew Training and Courseware Development... more
IndustryBristol Environmental & Engineering Services Corp. awarded of a over 28 USDm contract
Washington, Usa - For the construction of an aircraft maintenance hangar
Bristol Environmental & Engineering Services Corp., Anchorage, Alaska, was awarded on Sept. 28, 2005, a delivery order amount of $28,011,000 as part of a $46,996,736 firm-fixed-price contract for Construction... more
IndustrySubsidies to aerospace industry: USA-EU clash on tax breaks for US exporters
Washington, USA – Meanwhile, US Government threatened to worsen the struggle in case of public funds for the A-350
The United States could be damaged by sanctions produced by WTO’s (World Trade Organization) support to European Union concerning tax breaks for exporters. WAshington would intend to appeal, whereas s... more
IndustryFinmeccanica: Finnat Bank estimation for the Italian holding is "At Hold"
Rome, Italy - The Target price at EUR 16.45 per share
These estimations are included in the report that Finnat Bank made about the Italian industrial holding company. The bank estimates that Finmeccanica should sell off its power and transport activities... more
IndustryEmbraer delivered EMB-170 to Hong Kong Express
São José dos Campos, Brazil - The airline is the first operator of the model in Asia
Embraer announced last week that Hong Kong Express Airways Ltd (HKE) has taken delivery of an EMBRAER 170 aircraft at a ceremony held in São José dos Campos, Brazil. HKE is the first operator of Embraer’s EJe... more
IndustryBAE Systems/Rockwell Collins awarded of a over 7 USDm contract
Washington, Usa - For the F-15, F-16, B-2 and AWACS
BAE Systems/Rockwell Collins, Data Link Solutions, Cedar Rapids, Iowa, is being awarded a $7,800,000 firm, fixed-price contract. This award is for multiple spares applicable to the Multi-functional Information... more
IndustryGeneral Electric Co. awarded of a over 10 USDm contract
Washington, Usa - For the F-16 aircraft
General Electric Co., Aircraft Engine, Cincinnati, Ohio, is being awarded a $10,722,057 firm fixed price contract. This award is for fan frame, 51 each, Air Force requirements applicable to F110-129 engine... more
IndustryEngineered Fabrics awarded of a near 12 USDm contract
Washington, Usa - For the C-130
Engineered Fabrics, Rockmart, Ga., is being awarded a $11,878,200.53 firm, fixed-price, indefinite delivery-indefinite quantity contract for production of six assorted (national stock numbers) C-130 fuel... more
IndustryATK Tactical Systems Co. LLC awarded of a over 14 USDm contract
Washington, Usa - For the AV-8, F/A-18, A-10, F-15, F-16, F-22, B-52, B-1 and B-2 aircraft
ATK Tactical Systems Co. LLC, Rocket Center, W.Va., is being awarded a $14,542,228 firm-fixed price contract modification to provide for the DSU-33C/B proximity sensor nose-mounted radio frequency proximity... more
IndustryLockheed Martin awarded of a over 17 USDm contract
Washington, Usa - For the F/A-22
Lockheed Martin, Fort Worth, Texas, is being awarded a $17,688,691 firm-fixed price contract modification to support the F/A-22 Lot 5 Support System. The location of performance is Lockheed Martin, Marietta,... more
IndustryBoeing extended contract with Umbria Cuscinetti
Seattle, USA - For supply of ballscrews and gears
Umbria Cuscinetti, a Foligno-based firm specialized in producing precision ballscrews and gears designed for long life and corrosion resistance, will be the official provider of Boeing over next six years.... more
IndustryPratt & Whitney Canada PT6A-21 engines selected to power new Evektor EV-55 aircraft
Longueuil, Canada - The first EV-55 prototype will be completed in mid-2007, while the certification by the end of 2008
Pratt & Whitney Canada’s (P&WC) world-renown PT6 turboprop family is continuing to win new applications, with the selection of the PT6A-21 engine by Evektor-Aerotechnik of the Czech Republic to power i... more
IndustryBoeing awarded of a over 45 USDm contract
Washington, Usa - For the KC-135E
Boeing, Wichita, Kan., is being awarded a $45,250,216 firm-fixed price contract modification to provide for remanufacture of 27 each inboard, and 27 outboard KC-135E model engine struts, fiscal year 2007,... more
IndustryBoeing Wichita Development and Mod Center awarded of a 81 USDm contract
Washington, Usa - For the VC-25A aircraft
Boeing Wichita Development and Mod Center, Wichita, Kan., is being awarded a $81,000,000 firm-fixed price contract modification to exercise contract option I for FY06. This is the second year of a five-year... more
IndustryPetroleum Traders Corp. awarded of a near 167 USDm contract
Washington, Usa - For deliver of fuels for Army, Navy, Air Force
Petroleum Traders Corp., Ft. Wayne, Ind.,* is being awarded a maximum $166,902,450 fixed price with economic price adjustment contract for deliver of fuels for Army, Navy, Air Force, and Federal Civilian... more
IndustryBell-Boeing Joint Program Office awarded of a over 6 USDm contract
Washington, Usa - For the CV-22 Osprey
Bell-Boeing Joint Program Office, Patuxent River, Md., is being awarded a $6,179,328 ceiling priced order under previously awarded contract (N00383-97-G-002N) for procurement of FY05 spares for the CV-22... more
IndustryRaytheon Co. awarded of a over 29 USDm contract
Washington, Usa - For the F/A-18 and EA-18G
Raytheon Co., El Segundo, Calif., is being awarded a $29,263,457 ceiling-priced cost-plus-award-fee, indefinite-delivery/indefinite-quantity contract to provide technical support for Naval Air Warfare... more
IndustryFinmeccanica-Thales: a partnership in the defence sector still remains a hypothesis without French Government's go-ahead
Rome, Italy - The Italian holding confirmed it to AVIONEWS, underlining that a mutual interest exists currently by both companies though nothing concrete
International press talked about a hypothesis for ties between Italian Finmeccanica group and French Thales company again. There would an intention to merge the two firms’ activities in the strictly r... more
IndustryPAPCO Oil Co. awarded of a near 23 USDm contract
Washington, Usa - For a five-year delivery of fuel
PAPCO Oil Co., Virginia Beach, Va.*, is being awarded a maximum $22,942,692 a fixed price with economic price adjustment contract for a five-year delivery of fuel to Army, Navy, Air Force, Marine Corps,... more
IndustrySikorsky Aircraft awarded of a over 8 USDm contract
Washington, Usa - For the HH-60G PAVE Hawk Helicopter Fleet
Sikorsky Aircraft, Stratford, Conn. is being awarded a $8,548,595 firm-fixed price contract to provide for procurement of kits and non-recurring engineering (NRE) required to modify remaining HH-60G PAVE... more
IndustryLockheed Martin awarded of a over 16 USDm contract
Washington, Usa - For the F-16 C/D
Lockheed Martin, Fort Worth, Texas, is being awarded a $ 16,555,000 firm-fixed price/ cost/ time & materials contract modification undefinitized contract action for the Poland F-16 C/D Conformal Fuel Tank... more
IndustryNorthrop Grumman Systems awarded of a over 18 USDm contract
Washington, Usa - For the C-130 aircraft
Northrop Grumman Systems, Norwalk, Conn. is being awarded an $18,151,982 firm-fixed price contract to provide for eight line items of spares and one line item of Group B Test Sets all applicable to the... more
IndustryAAI Corp. awarded of a near 22 USDm contract
Washington, Usa - For the C-17 aircraft
AAI Corp., Hunt Valley, Md. is being awarded a $21,885,000 firm-fixed price contract to provide for twenty each, Advanced Boresight Equipment, applicable to the C-17 aircraft. This contract also contains... more
IndustryFinmeccanica (4). Results by sector of activity: AgustaWestland
Rome, Italy - Value of production: EUR 1,168 million (+1%); EBITA: EUR 127 million (-7%)
"The global helicopters market is experiencing a growth trend caused by the need for fleet replacement in countries that spend significant amounts of their GDP on defence, such as the US and the UK. The... more
IndustryFinmeccanica (8). Results by sector of activity: OTO Melara, WASS, MBDA
Rome, Italy - Value of production: EUR 469 million (-10%); EBIT: EUR 20 million (-39%)
"Finmeccanica’s Defence systems business includes the activities of MBDA, a joint-venture with BAE Systems and EADS, in which Finmeccanica holds a 25% stake, and the activities of OTO Melara in land, n... more
IndustryFinmeccanica (7). Results by sector of activity: Alenia Spazio, Telespazio
Rome, Italy - Value of production: EUR 373 million (+5%); EBIT: EUR 21 million
"The alliance with Alcatel was not operational in the first half of the year. The final contract, signed in January, was finally ratified following the approval by the European authorities on 1 July. The... more
IndustryFinmeccanica (5). Results by sector of activity: Selex Sensors and Airborne Systems, Selex Communications, Selex Sistemi Integrati, Elsag, Sistemi Navali Internazionali, Seicos
Rome, Italy - Value of production: EUR 1,219 million (+6%); EBIT: EUR 81 million (-7%)
"The agreement signed at the end of April 2005 with BAE Systems profoundly changed the face of the Defence Electronics business for Finmeccanica. The new agreement is of particular importance in the avionics... more
IndustryFinmeccanica (6). Results by sector of activity: Alenia Aeronautica, Aeronavali, Aermacchi, GIE ATR
Rome, Italy - Value of production: EUR 934 million (+6%); EBIT: EUR 49 million (+58%)
"The Aeronautics business confirmed in 1H05 the growth forecasts made in 2004, on the back of increased activity in large civil programmes (Boeing and Airbus), more work on own aircraft production (ATR),... more
IndustryBoeing: pensioning strike ended
Washington, USA – Workers accepted the agreement suggested by the company
The deal between Boeing and workers concerning pensions and health care support has finally come (see for details AVIONEWS). US leading aerospace and defence firm’s employees, who prejudiced production a... more
IndustryBell Helicopter Textron Inc. awarded of a near 9 USDm contract
Washington, Usa - For the H-1 helicopters
Bell Helicopter Textron Inc., Hurst, Texas, is being awarded an $8,908,563 estimated value modification to a previously awarded cost-plus-award/incentive-fee contract (N00019-96-C-0128) for component fatigue... more
IndustryGeneral Electric Aircraft Engines awarded of a near 11 USDm contract
Washington, Usa - For the H-53 aircraft
General Electric Aircraft Engines, Lynn, Mass., is being awarded a $10,865,152 ceiling-priced order under a Basic Ordering Agreement (FA8104-05-G-0003) for procurement of ti-nitride compressor stator airfoil... more
IndustryVertex Aerospace LLC awarded of a over 51 USDm contract
Washington, Usa - For the C-12 aircraft
Vertex Aerospace LLC, Madison, Miss., is being awarded a $51,092,426 estimated value modification to a previously awarded firm-fixed-price, cost-reimbursable requirements contract (N00019-00-D-0272) to... more
IndustryL-3 Communications Vertex Aerospace LLC awarded of a near 52 USDm contract
Washington, Usa - For the T-2, T-39, e H-3 aircraft
L-3 Communications Vertex Aerospace LLC, Madison, Miss., is being awarded a $51,862,140 modification to a previously awarded firm-fixed-price, cost-reimbursable, indefinite-delivery requirements contract... more
IndustryL-3 Communications Vertex Aerospace LLC awarded of a over 73 USDm contract
Washington, Usa - For the T-34, T-44 and T-6 aircraft
L-3 Communications Vertex Aerospace LLC, Madison, Miss., is being awarded a $73,600,000 estimated value modification to a previously awarded firm-fixed-price, cost-reimbursable, indefinite-delivery requirements... more
IndustryFinmeccanica: we will provide Turkish market with helicopters, underground and trains
Ankara, Turkey - Giorgio Zappa, Director General of the holding, stated it
Turkish market will be one of the next Finmeccanica’s ones. Giorgio Zappa, Director General, clearly stated it as attending the "International Defence Industry Fair" in recent days in Ankara presently o... more
IndustryFinmeccanica: relevant growth most of all in the international market
Rome, Italy - Thanks to orders, acquisitions and alliances but innovation still proves a major factor for success
Finmeccanica’s economic performance expected in 2005 is likely to be a very positive, when considering a series of supply contracts in the aerospace and defence sectors, besides the sign of deals for i... more
IndustryDYNCORP International LLC awarded of a near 10 USDm contract
Washington, Usa - For the UC-35 aircraft
DYNCORP International LLC, Irving, Texas, is being awarded a $9,803,402 estimated value modification to a previously awarded firm-fixed-price, cost-reimbursable contract (N00019-01-C-0019) to exercise... more