Tag: Industrial (Page 2 of 5)

Rolls-Royce Announces Funding Secured for Small Modular Reactors

November 8, 2021 / WIL BALDWIN

Rolls-Royce (LSE: RR.L) announced today that following a successful equity raise, the Rolls-Royce Small Modular Reactor (SMR) business has today been established, to bring forward and deliver at scale the next generation of low cost, low carbon nuclear power technology.

Rolls-Royce Group, BNF Resources UK Limited and Exelon Generation Limited will invest £195m across a period of around three years. The funding will enable the business to secure grant funding of £210 million from UK Research and Innovation funding, first announced by the UK Prime Minister in ‘The Ten Point Plan for a Green Industrial Revolution’. Today’s announcement is another step towards the delivery of the Government’s net zero strategy and its 10-point plan.

The business, which will continue to seek further investment, will now proceed rapidly with a range of parallel delivery activities, including entry to the UK Generic Design Assessment (GDA) process and identifying sites for the factories which will manufacture the modules that enable on-site assembly of the power plants. Discussions will also continue with the UK Government on identifying the delivery models that will enable long-term investment in this vital, net-zero enabling technology. Rolls-Royce SMR is engaging with export customers across many continents who need this technology to meet their own net zero commitments.

Rolls-Royce SMR is using proven nuclear technology, coupled with a unique factory-made module manufacturing and on-site assembly system, to harness decades of British engineering, design and manufacturing knowhow. It brings together the best of UK industry to ensure a decarbonisation solution that will be available to the UK grid in the early 2030s. The potential for this to be a leading global export for the UK is unprecedented.

Nine-tenths of an individual Rolls-Royce SMR power plant will be built or assembled in factory conditions and around 80% could be delivered by a UK supply chain – a unique offering in energy infrastructure in the UK. Much of the venture’s investment is expected to be focused in the North of the UK, where there is significant existing nuclear expertise

A single Rolls-Royce SMR power station will occupy the footprint of two football pitches and power approximately one million homes. It can support both on-grid electricity and a range of off-grid clean energy solutions, enabling the decarbonisation of industrial processes and the production of clean fuels, such as sustainable aviation fuels (SAF) and green hydrogen, to support the energy transition in the wider heat and transportation sectors.

Airbus and Northrop Grumman Team Up to shape NATO Future Surveillance and Control

November 8, 2021 / WIL BALDWIN

Munich, Germany / Falls Church, Virginia, 8 November 2021 – Northrop Grumman Corporation (NYSE: NOC) and Airbus (OTC: EADSY) Defense and Space, together with seven industrial players, have established ASPAARO, the Atlantic Strategic Partnership for Advanced All-domain Resilient Operations. ASPAARO will bid to undertake the Risk Reduction and Feasibility Studies (RRFS) for the NATO Support and Procurement Agency as part of the Alliance Future Surveillance and Control (AFSC) program.

The feasibility studies are a key milestone in the AFSC programme which aims to support NATO and NATO nations as they consider the Alliance’s future tactical surveillance, command and control capabilities after the current Airborne Warning and Control System (AWACS) fleet reaches the end of its service life in 2035.

Following the delivery of a High-level Technical Concept in 2020 by three of the team members (Airbus, Lockheed Martin and MDA Ltd.), Airbus continues to support NATO in the concept stage of the AFSC programme together with Northrop Grumman and a strong transatlantic team including Lockheed Martin (US), BAE Systems (UK), KONGSBERG (Norway), MDA (Canada), GMV (Spain), Exence (Poland) and IBM (US).

ASPAARO offers an unparalleled set of skills and capabilities that will address the threats of today and tomorrow and will fulfil the Alliance’s requirements across all domains. The industry team will leverage its multi-domain concepts, advanced technologies and integrated designs to pave the way to a fully interoperable architecture between NATO nations while further driving innovation through combined access, investments and experience.

Northrop Grumman President of Aeronautics Systems Tom Jones emphasized ASPAARO’s focus on the NATO customer’s mission requirements. “ASPAARO brings together the best industrial capabilities across the NATO community to address increasingly vital surveillance and command and control needs. In a rapidly evolving threat environment NATO needs the strategic advantage that advanced surveillance and control provides; ASPAARO is committed to delivering those unmatched capabilities to the NATO AFSC programme.”

A decision on the contract award for the Risk Reduction and Feasibility Studies for NATO AFSC is expected in 2022.

Rolls-Royce Strengthens Position in China with New MTU Engine Test Bench

November 2, 2021 / WIL BALDWIN

Rolls-Royce (London: RR.L) business unit Power Systems is strengthening its research and development (R&D) capabilities in China with a new test bench for MTU engines at the company’s location in Suzhou. The new test bench was inaugurated as part of an event celebrating 25 years of the Rolls-Royce location’s existence. The R&D test bench can accommodate MTU engines with a power output of up to 3,600 kW and will be used to test parts, engines and complete systems for power generation and industrial applications.

The new R&D test bench in Suzhou will first be used for test runs of gensets based on MTU 16V 4000 engines, starting in 2022. It is suitable for testing a wide range of versions of the versatile Series 4000 engine which is also celebrating its 25^th anniversary this year. A further upgrade of the test bench is planned for 2022: The capabilities will be extended to testing MTU Series 2000 engines as well.

The company opened its first facility in Suzhou 25 years ago to provide customers in China with faster and more efficient after-sale services in applications such as railway, marine and power generation. Suzhou later became the third production base for MTU engines globally at that time, responsible for the assembly of MTU Series 2000 gendrive engines. Branches in Beijing, Shanghai and Dalian were also established gradually. In October 2021, the former MTU Engineering (Suzhou) Co.,Ltd. was renamed Rolls-Royce Solutions (Suzhou) Co., Ltd.

With the new test bench, the localization strategy of Rolls-Royce Power Systems in Suzhou is now covering the whole process ranging from sales and services to manufacturing and R&D.

Airbus Delivers First A350 From China Widebody Completion and Delivery Center

July 23, 2021 / WIL BALDWIN

Airbus has delivered the first A350 from its widebody completion & delivery centre in Tianjin (C&DC), China, taking additional steps in the expansion of its global footprint and long-term strategic partnership with China.

The A350-900 aircraft was delivered to China Eastern Airlines, the largest Airbus operator in Asia and second largest in the world. At the end of June 2021, China Eastern Airlines operated an Airbus fleet of 413 aircraft, including 349 A320 Family aircraft, 55 A330 Family aircraft and nine A350 aircraft.

Located at the same site as the Airbus Tianjin A320 Family Final Assembly Line and the Airbus Tianjin Delivery Centre, the widebody C&DC covers the aircraft completion activities, including cabin installation, aircraft painting and production flight test, as well as customer flight acceptance and aircraft delivery.

The centre was inaugurated in September 2017 with its capability on A330s. Then, during the visit of French President Emmanuel Macron to China in 2019, a Memorandum of Understanding on the Further Development of Industrial Cooperation was signed in Beijing by He Lifeng, Chairman of the National Development and Reform Commission (NDRC) of China, and Guillaume Faury, Airbus Chief Executive Officer, announcing the C&DC would extend its capability to A350 aircraft.

The A350 features the latest aerodynamic design, a carbon-fibre fuselage and wings, plus new fuel-efficient Rolls-Royce engines. Together, these features translate into unrivalled levels of operational efficiency with a 25 per cent reduction in fuel burn and CO₂ emissions. The A350’s ‘Airspace by Airbus’ cabin is the quietest of any widebody aircraft and offers passengers and crews the most modern in-flight products for the most comfortable flying experience.

At the end of June 2021, the A350 Family had received 915 firm orders from 49 customers worldwide, making it one of the most successful widebody aircraft ever.

Federal Government Green Hydrogen Innovation Officer Visits Rolls-Royce

July 13, 2021 / WIL BALDWIN

Rolls-Royce sees hydrogen as one of the key elements in a climate-neutral future. Its Power Systems division is already working hard on fuel cell technology, on a hydrogen engine, and on using renewably produced fuels that will soon be able to power existing internal combustion engines more cleanly. Building the hydrogen ecosystem quickly is a challenge – making interdisciplinary, cross-industry dialog a vital component. Rolls-Royce’s Power Systems Division hosted a visit by Dr. Stefan Kaufmann, Green Hydrogen Innovation Officer at Germany’s Federal Ministry of Education & Research, and explained its leading-edge research and development projects.

From Hydrogen to synthetic fuels

Together with industrial companies and universities, Rolls-Royce Power Systems is researching tomorrow’s propulsion and drive solutions in the MethQuest research project. Here, Rolls-Royce engineers are working on gas engine designs aimed at reducing methane emissions harmful to the climate, and on methanol and hydrogen combustion. The knowledge gained can be used in the development of new engines.

Fuel cell demonstrator soon to go into operation

One of these new drive-power technologies is the fuel cell in which hydrogen and oxygen react chemically to produce electricity which powers an electric motor with zero emissions. As early as this autumn/fall, Rolls-Royce will commission an emergency power supply system at its Friedrichshafen facility powered by fuel cells – thereby demonstrating how fuel cells can be used as part of stationary power supply infrastructure.

Rolls-Royce will then take the fuel cell to market in 2025 – initially for power generation applications, and later also as a marine propulsion system.

Embraer Modular Airplane Concept Receives International Design Award

April 7, 2021 / WIL BALDWIN

Évora, Portugal, April 6, 2021 – The Embraer (NYSE: ERJ) FLEXCRAFT, a modular and remotely piloted aircraft concept, which allows quick reconfiguration of the cabin for multiple missions, won the International Design Awards (IDA) in the Transport Design category.

With the ability to land and take off on short lanes and use alternative energy sources, the concept seeks to foster ideas for transforming the future of air mobility, combining the human, technological, social and economic perspectives in a sustainable manner. IDA highlighted the passenger experience through the flexibility of fuselage design and new technologies.

The futuristic project was the result of a Portuguese consortium led by Sociedade de Engenharia e Transformação, SA (SET.SA) that brought together Embraer Portugal, Instituto Superior Técnico (IST), Almadesign, Instituto de Ciência e Inovação em Engenharia Mecânica e Engenharia Industrial (INEGI), plus the support from Embraer SA (Brazil). The initiative was funded by the Portugal 2020 program, under the Operational Program Competitiveness and Internationalization through the European Regional Development Fund.

The scientific research aimed to raise the critical technologies of this concept in an integrated way, such as configuration, flexibility solutions and production and material processes. Through the FLEXCRAFT project, it was possible to evaluate the development of new production processes, eco-efficient technologies, and the integration of new materials, among other research fronts.

Airbus, Fujitsu & Thales Team Up On British Army Future Communication Program

March 9, 2021 / WIL BALDWIN

London, 9 March 2021 – Airbus, Fujitsu and Thales UK have signed a memorandum of understanding (MOU) to work collaboratively on the upcoming Systems Integrator (SI) opportunity for the UK Ministry of Defence (MOD), Land Environment Tactical Communications and Information Systems programme – known as LE TacCIS.

Following the signature of the MOU, the partners have formed team ICELUS led by Airbus that will bring together a trusted collective of MOD strategic partners who have a unique breadth of expertise of defence communications networks. ICELUS will offer pioneering change through a coherent systems integration approach to ultimately deliver operational effectiveness and information advantage to the end user, whilst sustaining a UK centric, defence industrial base. The three partners will be able to jointly explore how their respective unique expertise and solutions can be combined in order to put forward the best-possible proposals with regard to capabilities and competitiveness for this major programme.

ICELUS will focus on the upcoming LE TacCIS System Integrator (SI) opportunity to lead on the design and integration of the products & services for applications, infrastructures and networks. The LE TacCIS System Integrator is expected to be contracted by 2023/2024.

The LE TacCIS programme consists of multiple sub-programmes and projects with the aim to deliver the next generation of tactical military communications in the land environment, providing the means to make informed and timely decisions enabled by agile Communication Information Systems (CIS).

LE TacCIS is designed to be resilient, working securely in a congested and contested cyber battlespace. It will degrade gracefully and recover when attacked, continuing to provide essential Command and Control (C2) services and capabilities. It will integrate with other systems to allow the quick and easy sharing of information between platforms and weapon systems, delivering full-spectrum, multi-domain effects.

In contrast to the current system’s single source prime supplier model, elements of the LE TacCIS programme will be competed from industry who will be incentivised to deliver increased system agility, capability and value for money.

American Airlines Names Adriane M. Brown To Board of Directors

February 22, 2021 / WIL BALDWIN

FORT WORTH, Texas — American Airlines Group Inc. (NASDAQ: AAL) today announced the election of Adriane M. Brown, 62, to its board of directors. Brown will also serve on the company’s Audit and Corporate Governance and Public Responsibility committees.

Brown currently serves as managing partner at Seattle-based venture capital firm Flying Fish Partners. She also sits on the boards of Axon Enterprise, Inc., eBay Inc. and the Washington Research Foundation/WRF Capital.

Brown has held a number of senior leadership positions during her career, including president and chief operating officer at Intellectual Ventures Management, LLC, president and CEO of Transportation Systems and vice president and GM of two aerospace divisions at Honeywell International Inc. Brown launched her career at Corning Incorporated and rose to hold several senior roles. She previously served on the boards of The Raytheon Company, Allergan plc and Harman International Industries, Incorporated.

She holds a Bachelor of Science in environmental health from Old Dominion University and a Master of Science in management from the Massachusetts Institute of Technology.

CSX Corporation Announces Increase to Quarterly Dividend

February 12, 2021 / WIL BALDWIN

JACKSONVILLE, Fla. – CSX Corp. (NASDAQ: CSX) today announced that the Company’s Board of Directors has authorized an 8 percent increase in its quarterly dividend, from $0.26 to $0.28 per share. The new $0.28 quarterly dividend is payable on March 15, 2021 to shareholders of record at the close of business on February 26, 2021.

About CSX and its Disclosures

CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 230 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.

Lockheed Martin Picks ABL Space Systems to Power First UK Vertical Satellite Launch

February 8, 2021 / WIL BALDWIN

HARWELL, Oxford, Feb. 8, 2021 – Lockheed Martin [NYSE: LMT] has contracted ABL Space Systems, of El Segundo, California, a developer of low-cost launch vehicles and launch systems for the small satellite industry, to supply a rocket and associated launch services for the company’s first UK vertical satellite launch.

The project known as UK Pathfinder Launch is planned to be the first ever vertical small satellite launch from UK soil, from Scotland in 2022. It will also be the first UK commercial launch for U.S.-based ABL Space Systems’ new RS1 rocket.

Nik Smith, Regional Director, Lockheed Martin Space, said: “We are absolutely committed to the success of this programme and the world class capability that ABL Space Systems brings will allow us to build on our long-standing partnership with the UK and strengthen the growth of the UK space sector, aligned to the UK Government’s prosperity and industrial strategy.”

ABL Space Systems’ flexible, integrated GSO launch system, and RS1 rocket, allows for a rapid and cost-effective deployment with outstanding launch performance.

Lockheed Martin’s UK Pathfinder Launch supports the UK Space Agency’s commercial spaceflight programme – Launch UK. In October, the UK Space Agency confirmed Lockheed Martin’s plans to move its programme to the Shetland Space Centre and in January, planning proposals were submitted for the space launch facility in Unst.

Ian Annett, Deputy CEO, UK Space Agency said: “We want the UK to be the first in Europe to launch small satellites into orbit, attracting innovative businesses from all over the world, accelerating the development of new technologies and creating hundreds of high-skilled jobs across the whole of the UK. Lockheed Martin’s selection of ABL Space Systems for their UK Pathfinder launch brings us one step closer to realising this ambition – putting the UK firmly on the map as Europe’s leading small satellite launch destination.

The addition of ABL Space Systems as a partner completes Lockheed Martin’s UK Pathfinder Launch programme team. On launch day, ABL Space Systems’ RS1 rocket will lift off from Shetland Space Centre, in Unst, Shetland, the UK’s most northerly island. Once in orbit, the rocket will release a small launch orbital manoeuvring vehicle, an agile platform built by MOOG, in Reading, UK, which can carry and deploy up to six 6U CubeSats, optimising orbital placement and timing for each small satellite’s respective missions.

To demonstrate the full value of this new UK space transportation capability, two of the CubeSats deployed will be Lockheed Martin’s own technology demonstration spacecraft.

In 2019, ABL Space Systems announced that it had received a strategic investment from Lockheed Martin Ventures to advance the launch provider’s development and test programme.

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