Arlington, Virginia, January 9, 2024 – The Boeing Company (NYSE: BA) announced today major program deliveries across its commercial and defense operations for the fourth quarter of 2023.
The company will provide detailed fourth-quarter financial results on January 31. Major program deliveries during the fourth quarter were as follows:
This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.
Magna, Utah, January 8, 2024 – Two of Northrop Grumman Corporation’s (NYSE: NOC) extended length, 63-inch-diameter Graphite Epoxy Motors (GEM 63XL) solid rocket boosters helped power the inaugural flight of United Launch Alliance’s (ULA) Vulcan Rocket and the first certification (Cert-1) mission.
The GEM 63XL boosters are the longest monolithic, single-cast solid rocket boosters ever manufactured and flown.
The launch represents the first flight of the GEM 63XL solid rocket boosters.
The boosters delivered more than 900,000 pounds of thrust, nearly two-thirds of the vehicle’s total thrust at lift-off.
The Cert-1 mission carried two payloads, one that will deliver science and technology to the lunar surface, including Astrobotic’s first Peregrine Lunar Lander, Peregrine Mission One, as part of NASA’s Commercial Lunar Payload Services program and the second was Celestis’ Memorial Spaceflights deep-space Voyager mission.
Northrop Grumman began development of the fifth-generation GEM 63XL strap-on boosters in 2015, under a cooperative agreement with ULA to provide additional lift capability for the Vulcan launch vehicle. The motor was qualified for flight in 2020 via static test firing at the company’s Promontory, Utah, test facilities. In June 2022, ULA awarded Northrop Grumman a multi-year contract worth more than $2 billon for increased production of its GEM boosters, which will support Amazon’s Project Kuiper and additional ULA customers.
Northrop Grumman has supplied rocket propulsion to ULA and its heritage companies for various launch vehicles since 1964. The GEM 63XL is an extended length variation of the GEM 63 boosters, which have supported eight Atlas V launches with 27 boosters to date.
The company’s Commerce, Calif., facility also manufactured the Vulcan launch vehicle’s hydrazine diaphragm propellant tank, which feeds the Centaur upper stage Reaction Control System to provide guidance and control during the later stages of launch. This tank is a more powerful successor to the ones previously supplied by Northrop Grumman for the Atlas V and Delta IV programs.
Forward-Looking Statements
This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.
Toulouse, France, November 3, 2023 – Air Niugini, the national flag carrier of Papua New Guinea, has signed a firm order with Airbus Group SE (Paris: AIR) for six latest generation single aisle A220-100’s under its fleet modernisation program. In addition, the carrier will acquire three A220-300s and another two A220-100’s from third party lessors.
The order was announced at a special event in Port Moresby by Gary Seddon, Acting Chief Executive Officer Air Niugini and Anand Stanley, President Airbus Asia-Pacific, in the presence of the Honorable James Marape, Prime Minister of Papua New Guinea and Honorable William Duma, Minister for State Enterprises.
Air Niugini also announced that it has selected a flight planning support system from Airbus subsidiary NAVBLUE for its fleet. Called N-Flight Planning (N-FP), the solution will help the airline optimise on fuel, time and cost to meet operational needs, while ensuring overall safety and compliance.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.
Bern, Switzerland, Oct. 31, 2023 – United States and Switzerland officials formalized an agreement for Switzerland to purchase Lockheed Martin’s (NYSE: LMT) Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missiles and related support equipment. With this agreement, Switzerland becomes PAC-3’s 15th partner nation.
PAC-3 MSE will bolster Switzerland’s Patriot ground-based air defense system as a part of the Switzerland Air Force’s Air2030 program.
Lockheed Martin and armasuisse also finalized the Offset Agreement supporting the PAC-3 MSE program. This agreement is the catalyst for multiple new projects that will support Switzerland’s security-relevant technology and industry base (STIB).
The PAC-3 MSE expands the battlespace with a dual-pulse solid rocket motor, providing increased performance in altitude and range. PAC-3 MSE is a high-velocity interceptor that defends against incoming threats, including tactical ballistic missiles, cruise missiles, advanced threats and aircraft. The PAC-3 MSE missile uses Hit-to-Kill technology, intercepting threats through kinetic energy via body-to-body contact.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.
East Camden, Arkansas, October 26, 2023, PRNewswire – Raytheon, an RTX (NYSE: RTX) business, in partnership with Rafael Advanced Defense Systems, will build a manufacturing facility in East Camden, Arkansas to produce the Tamir missile for the Iron Dome Weapon System and its U.S. variant, SkyHunter®.
Through the established Raytheon-Rafael Area Protection Systems joint venture, the companies have committed to a $33 million capital investment to establish the new facility. Once operational, the facility will produce missiles for the U.S. Marine Corps and other allied partners.
Raytheon and Rafael have teamed for over a decade on Iron Dome, which has more than 5,000 operational intercepts and a success rate exceeding 90%. The U.S. version of the Iron Dome Weapon System’s Tamir, SkyHunter, is a medium-range air defense weapon designed to counter a range of threats, including cruise missiles, manned and unmanned aircraft, rockets, artillery and mortars. SkyHunter missiles will be produced for the U.S. Marine Corps Medium Range Intercept Capability, or MRIC, program.
The joint venture plans to break ground on the new facility before the end of the year with the intent to begin missile production in 2025.
Beginning with new aircraft deliveries in 2024, Pilatus has extended the payload-range capability of its Super Versatile Jet to achieve a maximum range with six passengers of 2,000 nautical miles (3,704 kilometers). Pilatus also incorporated an array of new interior amenities, including a large side-facing divan which can be converted into a bed!
The new PC-24 features a 600 pound (272 kg) increase in full fuel payload and maximum payload capacity. This enables operators to increase the PC-24’s maximum range by 200 nm (370 km) with six passengers on board. The PC-24 now offers a full fuel payload of a single pilot plus 1,315 pounds (596 kg), and features a class-leading maximum payload capacity of 3,100 pounds (1,406 kg).
Pilatus engineers conducted an extensive flight test campaign to expand the entire envelope for the higher design weights. At the PC-24’s maximum take-off weight, balanced field length at sea level is only 3,090 feet (941 meters), allowing the use of very short and even unpaved runways.
Divan and Inflight Entertainment System
Already offering the largest cabin volume in its class, the interior of the new PC-24 has also been given a number of enhancements to improve the overall passenger flight experience. Ambient sound levels have been reduced through optimization of passenger service unit ducting, noise absorbing panels, and tuned engine accessory air intake ducts. Cabinetry, storage areas, and the Welcome Center have all been refined to optimize the vast amount of space in the PC-24’s cabin.
Pilatus partnered with Lufthansa Technik to incorporate a new integrated Cabin Management System (iCMS) featuring a 10″ touch screen controller with 3D moving map, four high fidelity cabin speakers with a sub-woofer option, mood lighting, USB ports, and a media storage server.
Finally, in a first for this class of business aircraft, Pilatus is offering the option of a large side-facing divan that is 6 feet 6 inches (1.98 m) in length, and can be converted into a bed in flight.
Predictive Maintenance
All PC-24s from serial number 501 onwards will be equipped with a new feature to enable predictive services. The automated data transmission of key aircraft data directly to Pilatus upon landing will be analyzed and, if necessary, a predictive recommendation is made to the operator.
Amsterdam, Netherlands, October 18, 2023 – Embraer SA (NYSE: ERJ) announced that it has signed a contract amendment with Marathon Airlines for the Pool Program to include additional two E195s. Now, seven E-Jets will receive support for a wide range of repairable components – three E175, one E190, and three E195. The Greek airline started the Pool Program contract last year, with its first E175, and has seen steady fleet growth since. Currently, Embraer’s Pool Program supports more than 60 airlines worldwide.
Embraer provides support to airlines worldwide, with its technical expertise and its vast component services network. The results are significant savings in repair and inventory carrying costs and a reduction in warehousing space and resources required for repair management, while ultimately providing guaranteed performance levels. Embraer Services & Support’s portfolio offers a wide range of competitive solutions designed for each customer to support the growing fleet of Embraer aircraft worldwide and deliver the best after-sales experience in the global aerospace industry.
About Marathon Airlines
Marathon Airlines is an EASA-approved airline based in Greece providing customer-centric, safe, and reliable Wet Lease (ACMI) services to well-established EU carriers and Charter flights. We are also specialized in a range of solutions including private jet charter and aircraft management. The current fleet also includes 2 Legacy 600 aircraft.
Amsterdam, Netherlands, October 17, 2023 – Embraer SA (NYSE: ERJ) has signed a multi-year contract with Royal Jordanian Airlines to support a total fleet of eight E190-E2 and E-195-E2 jets with the Pool Program. The agreement will provide support for a wide range of repairable components for the jets that will be added to Royal Jordanian’s fleet. Currently, Embraer’s Pool Program supports more than 60 airlines worldwide.
Embraer provides support to airlines worldwide, with its technical expertise and its vast component services network. The results are significant savings in repair and inventory carrying costs and a reduction in warehousing space and resources required for repair management, while ultimately providing guaranteed performance levels. Embraer Services & Support’s portfolio offers a wide range of competitive solutions designed for each customer to support the growing fleet of Embraer aircraft worldwide and deliver the best after-sales experience in the global aerospace industry.
Dallas, Texas – Southwest Airlines Company (NYSE: LUV) today announced five enhancements to the award-winning Rapid Rewards®1 program. The enhancements reward the airline’s loyal Members by making it easier for Customers to earn tier status; awarding A-List Preferred Members with up to two complimentary premium drinks; and allowing Customers to pay for Southwest® flights using a combination of cash and Rapid Rewards® points.
Earn A-List Status Faster: Starting Jan. 1, 2024, Southwest Rapid Rewards™ Members only need to fly 20 one-way qualifying flights2 (previously 25) or earn 35,000 tier qualifying points3 to reach A-List status.
Earn A-List Preferred Status Faster: Starting Jan. 1, 2024, Rapid Rewards Members only need to fly 40 one-way qualifying flights2 (previously 50) or earn 70,000 tier qualifying points3 to earn A-List Preferred status.
Earn Tier Qualifying Points Faster with Southwest Rapid Rewards™ Credit Cards from Chase: Starting Jan. 1, 2024, Rapid Rewards Credit Cardmembers will receive 1,500 tier qualifying points for every $5,000 spent4 (previously $10,000) on purchases using their Rapid Rewards Premier, Premier Business, Priority, or Performance Business Credit Cards from Chase.
New Perk Alert—Complimentary Premium Drinks for A-List Preferred Status: Starting Nov. 6, 2023, A-List Preferred Members can receive up to two complimentary premium drinks per flight, added directly to their mobile boarding passes.5
Redeem with Cash + Points: Starting in spring of 2024, Rapid Rewards Members will have the option to pay for their flight with a combination of cash and points, starting with as few as 1,000 points.6
Fort Worth, Texas — American Airlines Group (Nasdaq: AAL) continues to make travel more rewarding by introducing a new business loyalty program. The first program of its kind, AAdvantage Business™ rewards both eligible companies and their travelers with AAdvantage miles and additional Loyalty Points for booking business travel on aa.com or on the American Airlines app. AAdvantage Business™ offers a faster pathway to a more rewarding experience for companies and travelers alike.
How the new AAdvantage Business™ program works
AAdvantage Business rewards travelers will earn Loyalty Points in addition to their regular earnings for being an AAdvantage member. AAdvantage Business™ is a simple, convenient loyalty program for businesses of at least five employees, without any minimum spending requirement for the company to start earning miles.
For every $1 spent on eligible business travel, businesses earn 1 AAdvantage mile to redeem on travel and more including hotels, car rentals, Admirals Club lounges, and other experiences for employees. For that same $1 spent, eligible individual travelers earn 1 Loyalty Point that counts toward their accrual for earning status as an AAdvantage member. These Loyalty Points are in addition to any miles or Loyalty Points the traveler is earning as an AAdvantage member. Companies can learn more and begin registering now for the AAdvantage Business™ program at aa.com/aadvantagebusiness.
