Tag: 2025 (Page 2 of 2)

Saab receives order for Carl-Gustaf M4 from Australia

July 4, 2023 / WIL BALDWIN

Saab (OTC: SAABF) has received an order from the Australian Department of Defence for the supply of additional Carl-Gustaf® M4 weapons. The order value is SEK 400 million with deliveries during 2024-2025.

The Carl-Gustaf M4 weapons will be delivered with Saab’s new Fire Control Device, FCD 558.

Proven to deliver results on the battlefield, Carl-Gustaf provides the effectiveness soldiers need. The wide range of ammunition types for Carl-Gustaf makes it flexible and able to handle any situation, whether it is to destroy an armoured vehicle or structure, or illuminating the battlefield during night operations.

The Carl-Gustaf system is supplied to more than 40 countries around the world.

Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 19,000 talented people, Saab constantly pushes the boundaries of technology to create a safer, more sustainable and more equitable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.

EVA Air Boosts Sustainable Fleet with Five Additional 787-9 Dreamliners

April 1, 2023 / WIL BALDWIN

– Repeat order for 787s supports EVA efforts to reduce carbon emissions, grow sustainably

– Providing flexibility for long-haul routes to North America, Europe and Asia

SEATTLE, March 30, 2023 /PRNewswire/ Boeing [NYSE: BA] and EVA Air today finalized an order for five additional 787-9 Dreamliners, a repeat order for Boeing’s super-efficient widebody jet. EVA Air’s follow-on investment in the 787 will enable the airline to further reduce carbon emissions and sustainably grow its fleet.

EVA Air ordered five more Boeing 787-9s following approval by its board of directors on March 13, 2023. The deliveries are scheduled to begin in 2025 and be completed in 2027. And, starting in mid-2024, EVA will update and reconfigure its 787-9s to add its popular Premium Economy Class to the Royal Laurel and Economy options now available on the aircraft. Inclusion of this latest 787 order will increase the number of B787s in EVA’s fleet to a total of 26, 13 B787-9s and 13 B787-10s. More information about EVA’s fleet and cabin services, in addition to its routes and booking choices, is available at www.EVAAir.com.

The Taipei-based airline currently operates a fleet of 10 787s, including four 787-9s and six 787-10s. With this new order, EVA Air has unfilled orders for seven 787-10s and nine 787-9s. EVA Air also operates one of the world’s largest 777 fleets with more than 40 airplanes, including passenger and freighter models, with one 777 Freighter on order.

Singapore Airlines Selects the Airbus A350F Freighter

December 16, 2021 / WIL BALDWIN

Toulouse, France December 15, 2021 – Singapore Airlines (OTC: SINGY) has signed a Letter of Intent (LoL) with Airbus for seven A350F freighter aircraft. The agreement will see the A350F begin replacing the airline’s existing B747-400F fleet in the fourth quarter of 2025.

Earlier this year Airbus received Board of Directors approval for a freighter derivative of the A350 designed to meet the imminent wave of large freighter replacements and the evolving environmental requirements, shaping the future of airfreight. The A350F will be powered by latest technology, fuel-efficient Rolls-Royce Trent-XWB97 engines.

The A350F will have a high level of commonality with the A350 passenger versions. With a 109 ton payload capability, the A350F will serve all cargo markets. The aircraft features a large main deck cargo door, with its fuselage length and capacity optimised around the industry’s standard pallets and containers.

Over 70% of the airframe will be made of advanced materials, resulting in a 30 tonne lighter take-off weight and generating at least 20% lower fuel consumption and emissions over its current closest competitor. The A350F will fully meet ICAO’s enhanced CO₂ emissions standards coming into effect in 2027.

Singapore Airlines is the world’s largest operator of the A350, with 56 aircraft currently in service across its network. The agreement with Singapore Airlines is the third commitment received for the new A350F over the past month.

Saab to Upgrade German Tornado Radar Warning Equipment

May 25, 2021 / WIL BALDWIN

Saab has received an order from Panavia Aircraft GmbH to upgrade the radar warning equipment on the Tornado aircraft operated by the German Air Force. The order value is approximately 400 million SEK.

Saab will supply modern digital components, which will enhance the processing power and extend the lifetime of the Tornado’s radar warning equipment. Deliveries will take place between 2021 and 2025. Saab will carry out the work at its sites in Nuremberg, Germany and Järfälla, Sweden.

“Mutual trust, reliability and performance are the cornerstones of the successful long-term partnership between Panavia, the German Armed Forces and Saab. We look forward to supporting the Luftwaffe with the latest technologies contributing to the platform’s survivability and mission success. Essential work will be carried out in Germany, which is in line with Saab’s strategy to expand our footprint on the German defence market”, says Anders Carp, deputy CEO of Saab and head of business area Surveillance.

Saab’s state-of-the-art radar warning equipment provides aircrews with superior situational awareness of the electromagnetic spectrum in challenging environments. Saab received the initial order for radar warning equipment for Germany’s Tornado fighters in 1999.

After Tesla’s Record Year in Norway, Rivals Gear Up for 2020

January 3, 2020 / WIL BALDWIN

FILE PHOTO: A 2018 Tesla Model 3 electric vehicle is shown in Cardiff, California

OSLO (Reuters) – The sale of new electric cars in Norway rose by 30.9% last year amid soaring demand for Tesla Inc’s <TSLA> vehicles, but the pioneering U.S. firm faces rising competition from rival auto makers in 2020.

Fully electric cars made up 42.4% of sales in the Nordic nation last year, a global record, rising from a 31.2% market share in 2018 and just 5.5% in 2013, the Norwegian Road Federation said on Friday.

Seeking to become the first country to end the sale of fossil-fueled cars by 2025, Norway exempts battery-powered vehicles from the taxes imposed on petrol and diesel engines.

This year, as many as six in 10 of all new cars sold in the country could be fully electric, said Volkswagen <VWAPY> distributor Harald A. Moeller AS, which is preparing to launch several models in 2020.

“The electrification of the car market is accelerating … we forecast electric vehicles to hold a 100% market share in 2025,” the importer said of the outlook for Norway.

The country’s best-selling car in 2019 was Tesla’s mid-sized Model 3 sedan, which retails from 384,900 Norwegian crowns ($43,721.74), racking up an 11% market share in the California-based firm’s first attempt at addressing the mass market.

(Reporting by Victoria Klesty and Lefteris Karagiannopoulos, writing by Terje Solsvik, editing by Gwladys Fouche)

Saab receives order for Carl-Gustaf M4 from Australia

EVA Air Boosts Sustainable Fleet with Five Additional 787-9 Dreamliners

Singapore Airlines Selects the Airbus A350F Freighter

Saab to Upgrade German Tornado Radar Warning Equipment

After Tesla’s Record Year in Norway, Rivals Gear Up for 2020

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