Category: Maritime (Page 4 of 13)

Belgium And Lockheed Martin Celebrate Rollout Of First F-35A

December 11, 2023 / WIL BALDWIN

Fort Worth, Texas, December 10, 2023, PRNewswire – Lockheed Martin (NYSE: LMT) presented Belgium’sfirst F-35A Lightning II to the Belgian government during a rollout ceremony at Lockheed Martin’s F-35 production facility. This event marks a significant milestone in the Belgian Air Force’s history and strengthens the alliance between the United States and Belgium, a key NATO ally.

Building on the strong legacy of the F-16, the F-35 will provide the next generation of air power to ensure the Belgian Air Force can fulfill its NATO missions and protect the alliance’s key interests. By serving as the most advanced 21st Century Security solution, the F-35 will connect assets across domains to increase situational awareness for Belgium and its key European partners.

Senior government and military leaders from Belgium and the United States attended the ceremony. Belgium’s program of record calls for 34 F-35As. The first aircraft, designated AY-01, will be delivered to the Belgian Air Force next year and will be based at Luke Air Force Base, Arizona, where international F-35 pilot and maintainer training takes place.

The F-35 also creates high-quality, long-term employment opportunities for Belgium. Through the Essential Security Interest (ESI) program, Lockheed Martin will bring cutting-edge manufacturing techniques and benefits, expanding Belgian industry’s skills and knowledge and providing high-tech jobs for Belgians for decades to come.

F-35s are now operating from 31 bases worldwide. To date, Lockheed Martin has delivered more than 980 F-35s, trained more than 2,250 pilots and 15,125 maintainers, and the F-35 fleet has surpassed 768,000 cumulative flight hours. Lockheed Martin continues to work side by side with F-35 operators to ensure allies remain ahead of the evolving threat.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Saab announces Double Eagle sale to Kuwait Naval Force

December 11, 2023 / WIL BALDWIN

Saab AB ser. B (Stockholm: SAABb) announces that it has received a contract from the U.S. Navy for a Double Eagle Semi-Autonomous Remotely Operated Vehicle (SAROV) for the Kuwait Naval Force.

The Double Eagle family of undersea vehicles is a safe and operationally proven ROV system, used by navies around the world supporting mine countermeasure (MCM) missions. In the SAROV configuration the vehicle can be used both as an Autonomous Underwater Vehicle (AUV) for detection, classification and identification, and as an ROV for mine disposal. The U.S. Navy is procuring this system as a Foreign Military Sales (FMS) program for the State of Kuwait’s Naval Force.

Developed and produced at Saab in Linköping, Sweden, this sale represents a milestone in expanding the production of this Swedish technology to the U.S.

Saab, Inc.’s Autonomous and Undersea Systems Division will produce parts of this system in close collaboration with other production sites in Sweden, the United Kingdom and Denmark.

These highly manoeuvrable vehicles can be launched from any type of ship, from the shore, or from a craft of opportunity. All Double Eagle systems can be housed in a standard container, providing a deployable solution across a variety of platforms enabling rapid response to mine threats.

Forward-Looking Statements

Air Tahiti Nui presents its picture book in reo Tahiti

December 7, 2023 / WIL BALDWIN

Papeete, December 6, 2023 – Since May 2023, Air Tahiti Nui has introduced a brand-new digital booklet on board its flights: a picture book designed to help our visitors acquire a few rudiments of reo Tahiti (Tahitian language), making their trip even more immersive and interactive.

Polynesian languages are part of our heritage. They tell our story, reflect how we see the world, and shape our identity. This is why it seems so important to give our visitors the opportunity to learn the basics of the language, so that they can have a privileged access to a people and its culture.

For their first steps into the Tahitian language, in 2022 Air Tahiti Nui wanted to create an illustrated journey featuring some of the typical interactions our visitors are likely to have with their Polynesian hosts. This practical booklet in French and English was created by Speak Tahiti – Paraparau Tahiti, and illustrated by the Coolie Citron agency.

Since 2019, Speak Tahiti – Paraparau Tahiti has been offering learning and sharing solutions for the Tahitian language. Convinced that languages are lived and an integral part of culture, the team continues to develop new solutions. Today, Speak Tahiti – Paraparau Tahiti also extends its services to other indigenous languages around the world to preserve linguistic diversity and cultures.

Successful live fire demo clears path for Spike NLOS airworthiness release

December 7, 2023 / WIL BALDWIN

Yuma, Arizona, December 7, 2023 – Lockheed Martin Corporation (NYSE: LMT) successfully fired eight Spike NLOS all up rounds (AURs) over the course of five days from the U.S. Apache Echo Model V6 at Yuma Proving Ground in Arizona. The successful live fire event clears the Spike NLOS Long Range Precision Munitions Directed Requirement (LRPM DR) system for Airworthiness Release (AWR) for the U.S. Apache platform, which paves the way for starting to equip the system onto the U.S. Army’s current Apache V6 platforms.

The demonstration featured eight Spike NLOS AURs firing from an Apache platform at a variety of targets, showcasing the system’s different mission set capabilities across multiple scenarios. This demonstration was one of the final steps for the system to receive AWR and allow the Army to begin the fielding Spike NLOS onto its Apache V6 platforms.

In mid-2024, Lockheed Martin will work with the Army to train pilots to use the system on the Apache V6 platforms. The Army expects the Spike NLOS LRPM DR system to be fully integrated onto all 18 Apache Echo Model V6 platforms by September 2024.

Forward-Looking Statements

JetBlue Flights Take Off for Belize Today

December 6, 2023 / WIL BALDWIN

New York, N.Y., December 6. 2023, Business Wire – JetBlue (NASDAQ: JBLU) today announced it has officially launched service between New York John F. Kennedy International Airport (JFK) and Philip S. W. Goldson International Airport (BZE) in Belize City, Belize, with the first flight arriving in Belize this afternoon. JetBlue’s new Belize City service will operate Mondays, Wednesdays, and Saturdays, introducing the airline’s award-winning service and low fares to customers looking to fly directly from New York.

Belize is one of Central America’s most biodiverse countries. It is home to mystical Mayan caves, wondrous aquatic habitats, and lush national parks, touting tropical jungles, wildlife reserves, and cascading flora and fauna. Located along the Caribbean Sea, Belize offers over 185 miles of barrier reef – the largest in the northern hemisphere – family-friendly attractions, romantic escapes, and many other adventures.

With JetBlue’s entrance into Belize City, JetBlue becomes the only airline to offer nonstop service from New York’s JFK to Belize. Belize City will build on JetBlue’s success in the broader region, where it offers service to 26 countries within Latin America and the Caribbean. In recent years, the airline’s network strategy has focused on enhancing international markets, which has translated into current service to 40 international destinations. As a leader at New York’s JFK, JetBlue’s new route to Belize allows JetBlue to continue to grow in under-served geographies while bringing more choices and options to our customers.

Schedule between New York (JFK) and Belize City (BZE)
Operating Mondays, Wednesdays, and Saturdays

JetBlue will operate the Belize City route using its Airbus A320 aircraft, offering the airline’s award-winning service featuring the most legroom in coach^(a); fast, free and unlimited broadband Fly-Fi^(b); complimentary name-brand snacks and drinks; and seatback entertainment at every seat.

(a) – JetBlue offers the most legroom in coach based on average fleet-wide seat pitch for U.S. airlines.

(b) – Fly-Fi® and live television are available on all JetBlue-operated flights. Coverage area may vary by aircraft. Details on inflight wi-fi and entertainment: https://www.jetblue.com/flying-with-us

Forward-Looking Statements

Nestle cuts ocean transport emissions with Maersk ECO Delivery solution

December 6, 2023 / WIL BALDWIN

Copenhagen, Denmark/Vevey, Switzerland, December 6, 2023 – Nestle SA (SIX Swiss: NESN), the world’s largest food and beverage company, is cutting its ocean logistics greenhouse gas (GHG) emissions by using the Maersk AS (OTC: AMKBY) ECO Delivery solution for 100% of its ocean containers shipped by Maersk in 2023, with an option to extend this agreement into 2024 and beyond. The seaborne emissions of these transports are being reduced by over 80% compared to the usage of conventional fossil fuels.

With ECO Delivery, Maersk customers can handle ocean transports completely with certified green fuels* like second generation biofuel based on waste feedstocks. These fuels are replacing conventional fossil fuels on container ships in Maersk’s fleet. The corresponding GHG emission savings are confirmed to the customers with a certificate.

Nestlé’s goal is a 50% reduction of its total emissions by 2030 and to be net zero by 2050. With scope 3 emissions being the major part of the overall emissions, ECO Delivery is an effective solution for abatement of scope 3 emissions caused by ocean transports. Nestlé’s water beverages and Nespresso have been two pioneering brands using ECO Delivery since 2021.

Today many more of Nestlé’s up to 2,000 brands are reaching the end consumers with a much smaller GHG footprint thanks to Maersk’s ECO Delivery. Furthermore, Nestlé is one of Maersk’s partners in piloting also low GHG emission landside transports, e.g. by rail or electric trucks.

Forward-Looking Statements

Rolls-Royce extends sponsorship of Technology Lab in Friedrichshafen

December 6, 2023 / WIL BALDWIN

Friedrichshafen, Germany, December 6, 2023 – Rolls-Royce Holdings PLC (London: RR) is to prolong its sponsorship of the Friedrichshafen Wissenswerkstatt e.V. (technology lab) and has committed to continuing funding for another five years. That means that the Wissenswerkstatt Friedrichshafen will benefit from a total of 250,000 euros up to 2028. It offers technology courses for children and teenagers from the age of five to eighteen at two locations in Friedrichshafen.

The courses given in the Wissenswerkstatt are not just designed to impart knowledge, but to highlight the enjoyable side of technology. In a relaxed atmosphere, the participants, working in groups of up to 14 or individually, engage in practical projects such as ‘Voltage from Veg – the Potato Battery’, or ‘The Internal Combustion Engine’s, or ‘Robotics – When Machines Do What I Say’.

One contribution Rolls-Royce Power Systems already made to the Wissenswerkstatt is an mtu Series 1600 engine on which participants learn about how an internal combustion engine is structured and works.

The general members’ meeting of the Wissenswerkstatt voted for Martin Stocker, head of training at Rolls-Royce Power Systems, to take up a seat on the board of the organization, which he will be retaining voluntarily in the future.

Forward-Looking Statements

Jamsil, Songpa-gu, Seoul, South Korea - January 29, 2022: Aerial and morning view of Lotte World Tower with apartments near Han River

South Korea selects the Embraer C-390 Millennium

December 4, 2023 / WIL BALDWIN

Seoul, South Korea, December 04, 2023 – South Korea’s Defense Acquisition Program Administration (DAPA) has announced the Embraer SA ADR (NYSE: ERJ) C-390 Millennium as the winner of the Large Transport Aircraft (LTA) II public tender to provide the Republic of Korea Air Force (ROKAF) with new military transport aircraft. South Korea is the C-390 Millennium’s first customer in Asia.

Under the signed contract, Embraer will provide an undisclosed number of C-390 Millennium aircraft specially configured to meet ROKAF’s requirements, as well as services & support including training, ground support equipment and spare parts. The value of the contract will be included in Embraer’s backlog in the fourth quarter of 2023.

Embraer will also provide a comprehensive consortium and offset package including a significant amount of C-390 Millennium parts to be locally manufactured by Korean partner companies and the development of a local Maintenance Repair and Overhaul (MRO) provider.

South Korea is the seventh nation to select the C-390 after Brazil, Portugal, Hungary, the Netherlands, Austria and the Czech Republic. The C-390 is redefining military airlift and challenging the thinking behind current and future generation platforms, with multi-mission capability, reliability and interoperability built by design.

Forward-Looking Statements

German Navy NH90 Sea Tiger performs maiden flight

November 30, 2023 / WIL BALDWIN

Donauworth, Bavaria, Germany – The first Airbus Group SE (Paris: AIR) NH90 Sea Tiger took off on-schedule for its maiden flight in Donauworth, Germany. The German Bundeswehr ordered 31 NH90 Sea Tiger multi-role frigate helicopters for the German Navy’s shipborne operations in 2020.

Airbus Helicopters is now entering a qualification phase that will focus on flight testing the helicopter and new systems to be installed on board the NH90 Sea Tiger. Deliveries are scheduled to begin at the end of 2025.

The helicopters will replace the German Navy’s ageing Mk88A Sea Lynx fleet which entered into service in 1981. The Bundeswehr already operates 18 NH90 Sea Lion naval transport helicopters which were delivered on schedule between 2019 and 2023.

The Sea Tiger is the latest version of the proven NH90 NFH (Naval Version). It has been specifically designed to match the needs of the German Navy for a state of the art anti-submarine warfare helicopter. Novelties include a new Electro-Optical System and improved Electronic Support Measures (ESM). On top, the Sea Tiger is equipped with a dipping sonar, sonobuoys, and weapons (torpedoes and missiles). The shipborne Sea Tigers’ missions include, in addition to reconnaissance and transport, engaging targets above and below the surface.

Forward-Looking Statements

Canada selects Boeing P-8A Poseidon for its multi-mission aircraft role

November 30, 2023 / WIL BALDWIN

Arlington, Virginia, November 30, 2023, PRNewswire – The Government of Canada has signed a Foreign Military Sales Letter of Offer and Acceptance for up to 16 Boeing (NYSE: BA) P-8A Poseidon aircraft, as part of the Canadian Multi-Mission Aircraft (CMMA) project. Canada joins eight defense partners, including all of the FIVE EYES allies, the intelligence alliance that also includes the United States, United Kingdom, Australia and New Zealand, and becomes the fifth NATO nation to have selected the P-8 as its multi-mission aircraft. First delivery is expected in 2026.

The P-8 is the only proven, in-service and in-production solution that meets all CMMA requirements, including range, speed, endurance and payload capacity. This decision will benefit hundreds of Canadian companies, and bring decades of prosperity to Canada through platform sustainment delivered by our Canadian industry partners.

The P-8 acquisition will generate benefits of nearly 3,000 jobs and $358 millionannually in economic output to Canada, according to a 2023 independent study by Ottawa-based Doyletech Corporation.

Team Poseidon forms the cornerstone of Boeing’s P-8 Canadian industry partnership, consisting of CAE, GE Aviation Canada, IMP Aerospace & Defence, KF Aerospace, Honeywell Aerospace Canada, Raytheon Canada, and StandardAero. The team builds on the existing 81 Canadian suppliers to the P-8 platform and to more than 550 Boeing suppliers across all provinces contributing to the company’s annual ~CAD $4 billion in economic benefit to Canada, supporting more than 14,000 Canadian jobs.

Forward-Looking Statements

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