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…
Tag: defense
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,…
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…
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…
U.S. Navy Commissions Littoral Combat Ship USS Billings
KEY WEST, Fla., Aug. 3, 2019- The U.S. Navy commissioned USS Billings (LCS 15) – the nation's eighth Freedom-variant Littoral Combat Ship (LCS) – in Key West, Florida. This milestone places the ship, built by the Lockheed Martin…
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…
F-35 Lightning II Sustainment Work Comes to Milwaukee
President Donald J. Trump visited Derco, which maintains one of the largest and most diversified aircraft spares inventories of over 75,000 unique parts, ensuring customers have the parts available to keep their aircraft flying. Photo…
Raytheon Selected for B-52 Bomber AESA Radar Upgrade
Raytheon logo (PRNewsfoto/Raytheon) EL SEGUNDO, Calif., July 11, 2019 /PRNewswire/ -- Raytheon (RTN) was selected by the Boeing Company as radar supplier for the B-52 bomber radar modernization program. Under the contract, Raytheon will design,…
International Defense & Aerospace Group Welcomes MD 530F
Authorized MDHI Sales Agent International Defense & Aerospace Group welcomes the first of up to 3 new, state-of-the-art MD 530F helicopters to be used for tactical and NVG flight training MD Helicopters, Inc. (MDHI) is…
Qatar Agrees to Buy U.S. Aircraft, Engines, Defense Equipment
(Bloomberg) -- Qatar has made agreements with U.S. companies to spend billions on airplanes and jet engines and to develop a petrochemical complex, the White House said on Tuesday. At least some of the deals…