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Rolls-Royce to Design and Manufacture Propellers for U.S. Navy FFG-62 Frigates

WIL BALDWIN April 27, 2021

Rolls-Royce has reached agreement with Fincantieri Marinette Marine to design and manufacture up to 40 fixed-pitch propellers for the U.S. Navy’s Constellation-class (FFG-62) guided missile frigate program. Fincantieri was awarded the shipbuilding contract from the…

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Boeing Nets $1.7B Contract for P-8A Poseidon Submarine Hunters

WIL BALDWIN March 31, 2021

ARLINGTON, Virginia, March 31, 2021 — The U.S. Navy today awarded Boeing [NYSE: BA] a $1.6 billion production contract for the next 11 P-8A Poseidon aircraft. Nine aircraft will join the U.S. Navy fleet and two…

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Dassault Aviation Presents 2020 Annual Results

WIL BALDWIN March 5, 2021

(Paris: DSY.PA)

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Lockheed Martin Guided Multiple Launch Rocket System Soars In Flight Test

WIL BALDWIN March 4, 2021

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,…

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Airbus Wins First Syracuse IV Ground Segment Program Contract

WIL BALDWIN March 4, 2021

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…

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Rolls-Royce Secures UK Funding for Innovative Naval Autonomy Technology

WIL BALDWIN February 26, 2021

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…

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Shell Selects H160 for Operation by PHI in Gulf of Mexico

WIL BALDWIN February 19, 2021

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…

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U.S. Marine Corps Awards BAE Systems $184 Million for Additional ACV’s

WIL BALDWIN February 14, 2021

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…

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Rolls-Royce Signs Agreement to Sell Bergen Engines to TMH Group

WIL BALDWIN February 7, 2021

Rolls-Royce has signed an agreement to sell the Bergen Engines medium speed gas and diesel engines business to TMH International, the international branch of TMH Group, for net proceeds of approximately EUR 150m. TMH Group,…