Brazilian aerospace giant, Embraer, has emerged as one of the worlds leading aircraft-makers despite the odds which include: a troubled economy and a lack of military-industrial base. In early 2012, Embraer missed earnings expectations in reporting first-quarter profit of 35 cents per ADS, and said that its order backlog had slipped to $14
The Management of Selex ES, a Finmeccanica company, met on April 5 with National Trade Unions to illustrate the reorganisation plan of the Company. Among these is the rationalisation of the portfolio of products, cutting them down to 350 from the current 550, focusing investments on those technologies able to better meet market requirements
The U.S has offered Korea 60 F-35 Joint Strike Fighter Conventional Take Off and Landing (CTOL) aircraft at a subsidized cost of $10
Lockheed Martin will upgrade the AN/SLQ-32(V)2 system found on all U.S
Defence and security company SAAB has taken the strategic decision to find Swiss companies as long-term partners to the Gripen program to develop, produce and assemble major components of the Gripen E aircraft, having more than 35 per cent of the work placed in the French- and Italian-speaking regions. The decision to grow the Gripen E supplier base in Switzerland is an important step for Saabs Swiss Industrial Participation (SIP) programme, demonstrating the companys willingness and commitment to deliver major direct SIP packages for Gripen E and results from a continuous dialogue with armasuisse, Swissmem, GRPM (Groupe Romande Pour le...
Airbus Military and PT Dirgantara Indonesia have signed an agreement covering the development plan for the NC212i light utility transport aircraft. The agreement, signed at the LIMA Airshow in Langkawi, Malaysia by PT DI CEO Budi Santoso and Airbus Military CEO Domingo Ureña-Raso, ratifies and details the joint development, manufacturing, commercialisation and support workpackages for the new NC212i launched in November 2012
France is offering Malaysia the possibility of locally manufacturing the Rafale fighter aircraft if the country selects Dassault as the winner of the MRCA competition. "We are considering an assembly line in Malaysia," said Eric Trappier, chief executive of the Rafale's builder Dassault Aviation was quoted as saying
With the verdict on Malaysias its multi-role combat aircraft (MRCA) program expected this year; aircraft makers are rallying for the contract by presenting their jets at this years LIMA. The Malaysian armed forces are replacing their existing fleet of Russian MiG-29 aircraft and have additional plans to phase out its remaining eight operational MiG-29s by 2015
AgustaWestland which is being accused of changing the specs of its AW109 helicopter to be included in a contract to supply VVIP helicopters in India is being similarly charged in Malta. Its competitor, Eurocopter has charged that AgustaWestland with corruption in a Euro58 million contract for the procurement of up to three helicopters for the Maltese Armed Forces
Embraer and Sierra Nevada Corp (SNC), have announced “in sourcing” of aerospace jobs to the U.S