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Airbus Ordered To Pay EURO 140M To Settle Taiwanese Missile Dispute

January 15, 2018 @ 03:07 PM

European aerospace giant Airbus issued a statement on January 13 that it has been ordered to pay a fine of €104 million regarding missiles sale to Taiwan in 1992. The company...

Elbit Systems To Equip NATO's A330 Tankers With More J-Music DIRCM Systems

December 22, 2017 @ 12:49 PM

Elbit Systems Ltd has been awarded a follow-on $46 million contract to supply additional J-Music DIRCM (Direct Infrared Countermeasures) self-protection systems to NATO, for its Airbus A330 Multinational Multi-Role Tanker...

Airbus, Rolls-Royce, Siemens Partnership to Develop Hybrid-electric Propulsion Tech Flight Demonstrator

December 5, 2017 @ 10:12 AM

Airbus, Rolls-Royce, and Siemens have announced a new partnership to develop a hybrid-electric propulsion technology flight demonstrator for commercial aircraft. The E-Fan X hybrid-electric technology demonstrator is anticipated to fly in...

Airbus Offices Raided in Kazakhgate Corruption Probe

November 28, 2017 @ 02:00 PM

Airbus offices were raided by French investigators last week as part of an on-going corruption probe over a 2010 sale of satellites to Kazakhstan. “We confirm a raid was carried out...

StandardAero Acquires Vector Aerospace from Airbus

November 4, 2017 @ 09:01 AM

StandardAero has finalized the acquisition of Vector Aerospace from Airbus. Vector is a global aerospace maintenance, repair and overhaul company, providing responsive, quality support for turbine engines, components, fixed- and rotary-wing...

Airbus to Manufacture Bombardier C Series Planes in the US, Boeing Cries...

October 17, 2017 @ 05:59 AM

Canadian Bombardier sold a majority stake in its C Series passenger jet business to European Airbus for no cost which will manufacture the planes in its facility in the US. Airbus...

Airbus Writes Staff Letter As Austrian Eurofighter Case Nears ‘Conclusion’

October 9, 2017 @ 05:32 PM

European planemaker Airbus Group warns its staff in a letter to be prepared for budget constraint as the five-year investigation into allegations of fraud and corruption in the €2bn sale...

Thales Wins Airbus A400M Military Training Simulators Contract

October 3, 2017 @ 01:29 PM

Airbus has awarded Thales a contract for two new A400M military training simulators for French and German air forces. The delivery of simulators will be in 2019 for French air force...

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