Embraer Earnings Results for 2nd Quarter 2019
HIGHLIGHTS • Embraer delivered 26 commercial and 25 executive (19 light and 6 large) jets during 2Q19, compared to 28 commercial jets and 20 executive (15 light and 5 large) jets in 2Q18 • The…
Category: Aerospace news
Successful Launch of Second SpaceDataHighway Satellite
The EDRS-C satellite, the second node of the SpaceDataHighway network (also known as EDRS, European Data Relay System), has been successfully launched into geostationary orbit at 31° East by an Ariane 5 rocket from Kourou,…
Sikorsky S-92A Certified For Expanded Brazil Operations
TRUMBULL, Conn., Aug. 12, 2019 – Brazil’s National Civil Aviation Agency-Brazil (ANAC) approved the Search and Rescue (SAR) configuration for the Sikorsky S-92A™ helicopter. The certification now enables the operation of S-92® helicopters in Brazil in…
President and CEO Hakan Buskhe to Leave Saab in 2020
Håkan Buskhe has informed Saab's Board of Directors that he is leaving the position of President and CEO. The Board will now begin the recruitment of a successor. Håkan Buskhe has according to his contract…
Airbus Begins U.S. Production of A220 Aircraft
Airbus has today officially begun manufacturing the A220 in the U.S. The first team of A220 production workers began work at Airbus’ Mobile, Alabama-based production facility following their recent return from on-the-job training in Mirabel,…
Textron Reviewing Strategic Alternatives for Kautex
PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today announced that it is reviewing strategic alternatives for its Kautex business unit, which produces fuel systems and other functional components. Textron plans to consider a range of…
Boeing Opens New Nest for the Osprey
Boeing opens state-of-the-art V-22 production facility Boeing, the U.S. Marine Corps and U.S. Navy celebrated the opening of a modern V-22 Osprey factory outside Philadelphia. Here, employees will build fuselages for the tiltrotor aircraft and…
Embraer Delivers 51 Total Jets in Second Quarter of 2019
Embraer delivers 26 Commercial and 25 Executive Jets in 2Q19 São José dos Campos, Brazil, July 30, 2019 – Embraer (NYSE: ERJ) delivered a total of 51 jets in the second quarter of 2019 (2Q19), of…
Boeing Eyes Atlanta for Huge Distribution Center
The Boeing Co. is looking at south metro Atlanta for a warehouse and distribution center that could approach 1 million square feet — the latest mega project for the region's booming logistics sector. The aerospace giant…
Lockheed Awarded $1.48 Billion Saudi Missile Defense Contract
WASHINGTON, July 19 (Reuters) - Lockheed Martin was awarded a $1.48 billion contract to build the THAAD missile defense system for Saudi Arabia, bringing the total value of the deal to $5.36 billion, the Pentagon…