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Saab receives order for Carl-Gustaf M4 from Australia

WIL BALDWIN July 4, 2023

Saab (OTC: SAABF) has received an order from the Australian Department of Defence for the supply of additional Carl-Gustaf® M4 weapons. The order value is SEK 400 million with deliveries during 2024-2025. The Carl-Gustaf M4…

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Germany renews A400M In-Service Support contract with Airbus

WIL BALDWIN July 4, 2023

Munich, 3 July 2023 – The Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) in Koblenz, Germany has awarded Airbus (OTC: EADSY) with a contract renewal for the Luftwaffe’s A400M In-Service Support.…

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Saab’s Fourth GlobalEye Conducted Successful First Flight

WIL BALDWIN April 3, 2023

The first flight of the fourth GlobalEye is an important milestone in Saab’s Airborne Early Warning & Control (AEW&C) program and highlights that Saab can rapidly and reliably deliver GlobalEye. The Saab (OTC: SAABF) aircraft…

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Boeing Teams with Canadian Industry to Offer P-8A Poseidon

WIL BALDWIN June 1, 2022

Ottawa, Ontario, June 1, 2022 – Boeing [NYSE: BA] and several Canadian industry partners announced today their intent to collaborate to provide the capability and sustainability of the proven P-8A Poseidon for the Canadian Multi-Mission Aircraft…

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Serbian Air Force and Air Defense Become New C295 Operator

WIL BALDWIN February 24, 2022

Getafe, Spain, February 23, 2022 – The Serbian Ministry of Defence has ordered two Airbus (OTC: EADSY) C295s and therefore the Serbian Air Force and Air Defense joins the family of C295 becoming the 36th operator…

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Air Force Awards Boeing 5-year Contract for Continued Aircraft Guidance and Navigation Repair

WIL BALDWIN February 9, 2022

HEATH, Ohio, Feb. 8, 2021 — Boeing (NYSE: BA) will continue to provide the U.S. Air Force with guidance and navigation repair work on a variety of aircraft under a 5-year, $91 million sole-source contract. The…

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Loft Orbital Signs Agreement to Procure Over 15 Airbus Arrow Satellite Platforms

WIL BALDWIN January 17, 2022

Airbus (OTC: EADSY) has been contracted to supply space start-up Loft Orbital with more than fifteen satellite platforms derived from the Airbus Arrow platform. Arrow is the foundational satellite platform of the OneWeb constellation. There…

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Rolls-Royce Completes Sale of Bergen Engines

WIL BALDWIN January 4, 2022

Rolls-Royce (OTC: RYCEY) announces the completion of the sale of our Bergen Engines business to Langley Holdings plc for an enterprise value of €63m. The completion of the transaction, which was announced on 3 August…

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Airbus Atlantic Launches, Creating a New Global Player for Aero Structures

WIL BALDWIN January 4, 2022

Toulouse, France January 2022 – A wholly-owned Airbus subsidiary, Airbus Atlantic, a global player in the aerostructures field, was officially established on 1st January 2022. The new company groups the strengths, resources and skills of the Airbus (OTC: EADSY) sites in…

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U.S. Department of Defense Exercises Options for 36 TH-73A Helicopters

WIL BALDWIN January 2, 2022

Leonardo welcomed the announcement by the U.S. Department of Defense to award AgustaWestland Philadelphia Corp. a $159.4 million USD firm-fixed price modification to the previously awarded contract for the U.S. Navy’s Advanced Helicopter Training System.…