Category: Maritime
Lockheed Martin Guided Multiple Launch Rocket System Soars In Flight Test
Dallas, Texas March 4, 2021 – Lockheed Martin (NYSE: LMT) successfully tested its next-generation Extended-Range Guided Multiple Launch Rocket System (ER GMLRS) munition in an 80-kilometer flight demonstration at White Sands Missile Range, New Mexico. During the flight test,…
Airbus Wins First Syracuse IV Ground Segment Program Contract
Paris, France 4 March 2020 – Within the Syracuse IV programme, Airbus (Paris: AIR.PA) has been awarded a 10-year framework agreement called Copernicus for the construction and upgrading of part of the ground segment for the…
Rolls-Royce Secures UK Funding for Innovative Naval Autonomy Technology
Rolls-Royce (London: RR.L) has been awarded funding by the UK Ministry of Defence (MOD) to further develop and demonstrate the Artificial Chief Engineer® technology - an autonomous machinery control system which allows Naval vessels to undertake…
Shell Selects H160 for Operation by PHI in Gulf of Mexico
Marignane, France, 15, February, 2021 – International energy group Shell has selected leading US offshore helicopter operator PHI to operate four Airbus H160's to service a support contract in the Gulf of Mexico. The contract marks the…
Airbus Reports Full-Year 2020 Financial Results
566 commercial aircraft delivered in adverse market environment Financials reflect the early business adaptation and cash containment planFY revenues € 49.9 billion; FY EBIT Adjusted € 1.7 billionFY EBIT (reported) € -0.5 billion; FY loss per…
JAL Group Announces Domestic Network Plan through March 11
The JAL Group (OTC: JAPSY; Tokyo: 9201.T) today announced further reductions on its domestic network plan through March 11, 2021. With the state of emergency in effect through March 7, travel demand is expected to…
U.S. Marine Corps Awards BAE Systems $184 Million for Additional ACV’s
BAE Systems (OTC: BAESY) has received a $184 million contract option from the U.S. Marine Corps for more Amphibious Combat Vehicles (ACV) under full-rate production. The order demonstrates the Marine Corps’ confidence in a program…
Embraer Delivers 71 Jets in 4Q20 and 130 Total in 2020
Embraer (NYSE: ERJ) delivered 71 jets in the fourth quarter of 2020, of which 28 were commercial aircraft and 43 were executive jets (23 light and 20 large), which represents a decrease of 10 aircraft…
Sikorsky Continues Legacy With Latest Contract to Build Presidential Helicopters
STRATFORD, Conn. Feb. 10 – Continuing its 63-year legacy of providing safe and reliable transportation for the president of the United States, Sikorsky, a Lockheed Martin company (NYSE: LMT), is under contract to manufacture a total…