Embraer (NYSE: ERJ) delivered a total of 14 jets in the first quarter of 2020, of which five were commercial aircraft and nine were executive jets (five light and four large). As of March 31st, the firm order backlog totaled USD 15.9 billion.
Historically, Embraer seasonally has fewer deliveries during the first quarter of the year, and in 2020 in particular, the commercial aircraft deliveries in the first quarter were also negatively impacted by the conclusion of the separation of Embraer’s Commercial Aviation unit in January.
During the first quarter, Embraer Executive Jets announced that the new Phenom 300E was granted its Type Certificate by ANAC (National Civil Aviation Agency of Brazil), EASA (European Union Aviation Safety Agency) and the FAA (Federal Aviation Administration). The new Phenom 300E is the recently enhanced version of the Phenom 300 series, which was the most delivered business jet series in the 2010s.
Also in this period, Emgepron, a Brazilian state-owned company linked to the Ministry of Defense through the Brazilian Navy Command, and Águas Azuis, a company created by thyssenkrupp Marine Systems, Embraer Defense & Security and Atech, signed the contract to build four state-of-the-art Tamandaré Class Ships, with deliveries scheduled between 2025 and 2028.
On March 5th, in Rio de Janeiro, Emgepron, an independent state company, linked to the Ministry of Defense through the Brazilian Navy Command, and Águas Azuis, a company created by thyssenkrupp Marine Systems, Embraer Defense & Security and Atech, signed the contract for building four state-of-the-art Tamandaré Class Ships, with deliveries scheduled between 2025 and 2028.
The construction will take place 100% in Brazil, in Itajaí, Santa Catarina State, and is expected to have local content rates above 30% for the first vessel and 40% for the others. thyssenkrupp will supply the naval technology of its proven MEKO® Class shipbuilding platform of defence vessels that is already in operation in 15 countries. Embraer will integrate sensors and weaponry into the combat system, bringing also to the program its 50 years’ experience in systems technology solutions and in-service support.
Atech, an Embraer Group company, will be the supplier of the CMS (Combat Management System) and IPMS (Integrated Platform Management System, from L3 MAPPS), and the recipient of technology transfer in cooperation with ATLAS ELEKTRONIK, a thyssenkrupp Marine Systems subsidiary that produces the CMS and sonar systems.
“We are grateful to participate again in such important milestone in the history of Brazil’s naval defence with the most advanced ships in their class. Looking back the great achievements we had since the construction of Tupi Class submarines in 1980s, it is a recognition of the technological excellence, reliability and longevity solutions we have offered for almost two centuries. The Tamandaré Class Programme will strengthen our ties by transferring technology and generating highly qualified jobs for the country”, said Dr. Rolf Wirtz, CEO of thyssenkrupp Marine Systems.
“The partnership validates our efforts to expand our defence and security portfolio beyond the aeronautical segment. Over the past few years, we have acquired expertise in developing and integrating complex systems, among others, in order to qualify Embraer to meet the needs of the Brazilian Navy, further strengthening our position as a strategic partner of the Brazilian State”, said Embraer Defense & Security President and CEO Jackson Schneider.
In addition to construction, the contract includes a sustained transfer of technology in naval engineering for building military ships and combat and platform management systems, as well as integrated logistical support and lifecycle management.
The Tamandaré Class Programme has the potential to generate direct and indirect job opportunities of high level of qualification. It provides for a solid national partnership model with proven ability to transfer technology and qualify local labour, which guarantees the development of future strategic defence projects in Brazil.
The naval alliance between thyssenkrupp Marine Systems and Embraer Defense & Security can also enable creating a base for exporting naval defence products from Brazil.
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 (NYSE: LMT) -led team into active service.
“Billings was designed to operate and adapt to a rapidly changing environment,” said Joe DePietro, vice president of Small Combatants and Ship Systems at Lockheed Martin. “She is equipped and ready for today’s threats and easily modifiable to meet the threats we may not even be aware of yet. Our team is confident Billings will be what the Navy needs when the fleet needs it.”
Unique among combat ships, LCS is designed to complete close-to-shore missions and is a growing and relevant part of the Navy’s fleet.
It is fast — capable of speeds in excess of 40 knots.
It is automated — with the most efficient staffing of any combat ship.
It is lethal — standard equipped with Rolling Airframe Missiles (RAM) and a Mark 110 gun, capable of firing 220 rounds per minute.
It is flexible — with 40 percent of the hull easily reconfigurable, integrating capabilities like the Longbow Hellfire Missiles, 30mm guns, and manned and unmanned vehicles targeted to meet today’s and tomorrow’s missions.
“Having now commanded two freedom class LCS variants, I would like to report that these ships are truly impressive and will fit well in the niche they have been designed for,” said LCS 15’s Commanding Officer, Commander Nathan Rowan. “They are fast, maneuverable, and their weapon systems are some of the most accurate I’ve witnessed on any platform of which I’ve previously served.”
There are seven ships in various stages of production and test at Fincantieri Marinette Marine in Wisconsin, where the Freedom-variant LCS is built. The next Freedom-variant in the class is LCS 17, the future USS Indianapolis, which was delivered in late July.
“On behalf of the proud 2,000 men and women who transform flat steel into a fast, agile surface combatant,” said Jan Allman, CEO of Fincantieri Marinette Marine, “we are honored to support the U.S. Navy, and we congratulate the outstanding crew of the USS Billings.”
North Carolina boatbuilder will exclusively offer Garmin electronics as standard fit on all offshore sportfishing center consoles in 2020
Garmin International, Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), today announced that Regulator Marine has selected Garmin to be its premier electronics supplier to outfit its full line of offshore sportfishing center console boats beginning model year 2020. Garmin electronics will be standard equipment on all Regulator boats ranging from 23 to 41 feet, including the new Regulator 26XO center console crossover, the company announced at its annual dealer meeting, July 23-25.
“It’s truly an honor to know that every new Regulator boat leaving the factory will include Garmin electronics,” said Dan Bartel, Garmin vice president of global consumer sales. “Garmin and Regulator share a passion for designing and engineering products without compromise, and we’re confident that having our award-winning electronics onboard will meet and exceed the needs of the Regulator customer.”
“We are honored to offer our customers what we believe are the finest electronics available today. Every new 2020 model year Regulator will come standard with a Garmin electronics package. From quality to innovation, our customers want it all and we know from our years of experience working together, that Garmin is the perfect fit,” said Joan Maxwell, Regulator Marine president and co-founder.
Regulator will be factory-installing the award-winning GPSMAP® 8600 chartplotter series, offering display sizes ranging from 12 to 17 inches, with models 28-feet and over offering dual 16- or 17-inch displays. Built for mariners who demand high performance, ease-of-use and feature integration, the GPSMAP 8600 series offers premium features like built-in sonar, preloaded BlueChart® g3 cartography with Navionics data, IPS touchscreen displays, full network capabilities and more. Each boat will also come standard with a Garmin VHF marine radio. Other electronics selected by Regulator include the GMR™ xHD2 open array radar series and the award-winning Reactor™ 40 Hydraulic Autopilot with SmartPump, Garmin’s most responsive autopilot system with AHRS technology. Several fishing and convenience upgrade packages are also available to ensure customers can choose additional electronics to fit their needs.
Garmin is the world’s leading marine electronics manufacturer1 and was recently named Manufacturer of the Year for the third consecutive year by the NMEA, an honor given to the most recognized marine electronics company for support of products in the field. Garmin’s portfolio includes some of the industry’s most sophisticated chartplotters and touchscreen multifunction displays, sonar technology, high-definition radar, autopilots, high-resolution mapping, sailing instrumentation, audio, entertainment and other products and services that are known for innovation, reliability, and ease-of-use. Other Garmin marine brands include FUSION® Entertainment, Navionics—a premier supplier of navigation charts, and EmpirBus™. To learn more, visit www.garmin.com/marine.
About Garmin International Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, GPSMAP, BlueChart and FUSION are registered trademarks and GMR and Reactor are trademarks of Garmin Ltd. or its subsidiaries.
All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.
Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 29, 2018, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at:
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 by: Todd McQueen, Lockheed Martin
MILWAUKEE, July 12, 2019 /PRNewswire/ — During a visit to Derco, a Lockheed Martin company (NYSE: LMT), President Donald J. Trump announced more work is coming to Milwaukee. Derco will provide parts warehousing and distribution sustainment for the F-35 Lightning II, supporting the U.S. Air Force, Marine Corps, Navy and allies around the world.
“From here in Milwaukee, you are supporting magnificent aircraft, and soon you’ll support the unstoppable, stealth F-35 Lightning II,” said President Trump. “I am thrilled to be back in the great state of Wisconsin with the extraordinary men and women of Derco. We are here today to celebrate the triumphant return of American manufacturing, and everything we are doing to keep the assembly lines rolling.”
Derco is growing its workforce by 15 percent by the end of the year. Because of its culture and skilled workforce, Derco has been named one of the Top Workplaces in Milwaukee for the past four years. Approximately 20 percent of Derco employees are veterans.
Derco initially will support the management and delivery of 1,500 different F-35 parts to locations around the globe. This increased work will create more skilled jobs for repair technicians, operations personnel and supply chain management experts.
The F-35 is the most advanced, survivable and connected fighter jet. The United States’ program of record is for 2,456 aircraft, and Lockheed Martin is set to deliver 1,000 more to allied nations.
To support the growing business, Derco is investing in its facility and is breaking ground to expand the campus. Derco is also looking to add to its 1,200 suppliers to develop repair capabilities for the F-35 in Milwaukee. Currently, the F-35 provides $1.2 million in economic impact across the supply chain in Wisconsin.
U.S. Air Force F-35A Lightning II Joint Strike Fighters from the 58th Fighter Squadron, 33rd Fighter Wing, Eglin AFB, Fla. perform an aerial refueling mission with a KC-135 Stratotanker from the 336th Air Refueling Squadron from March ARB, Calif., May 14, 2013 off the coast of Northwest Florida. The 33rd Fighter Wing is a joint graduate flying and maintenance training wing that trains Air Force, Marine, Navy and international partner operators and maintainers of the F-35 Lightning II. (U.S. Air Force photo by Master Sgt. Donald R. Allen/Released)
MARINETTE, Wis., June 26, 2019 /PRNewswire/ — Littoral Combat Ship (LCS) 17, the future USS Indianapolis, completed Acceptance Trials in Lake Michigan. This is the ship’s final significant milestone before the ship is delivered to the U.S. Navy. LCS 17 is the ninth Freedom-variant LCS designed and built by the Lockheed Martin (NYSE: LMT)-led industry team and is slated for delivery to the Navy this year.
“LCS 17 is joining the second-largest class of ships in the U.S. Navy fleet, and we are proud to get the newest Littoral Combat Ship one step closer to delivery,” said Joe DePietro, Lockheed Martin vice president and general manager, Small Combatants and Ship Systems. “This ship is lethal and flexible, and we are confident that she will capably serve critical U.S. Navy missions today and in future.”
Unique among combat ships, LCS is designed to complete close-to-shore
missions and is a growing and relevant part of the Navy’s fleet.
It is flexible — with 40 percent of the hull
easily reconfigurable, LCS can be modified to integrate capabilities
including over-the-horizon missiles, advanced electronic warfare systems
and decoys.
It is fast — capable of speeds in excess of 40 knots.
It is lethal — standard equipped with Rolling Airframe Missiles (RAM) and a Mark 110 gun, capable of firing 220 rounds per minute.
It is automated — with the most efficient staffing of any combat ship.
The
trials included a full-power run, maneuverability testing, and surface
and air detect-to-engage demonstrations of the ship’s combat system.
Major systems and features were demonstrated, including aviation
support, small boat launch handling and recovery and machinery control
and automation.
“I am extremely proud of our LCS team including our shipbuilders at Fincantieri Marinette Marine,” said Jan Allman,
Fincantieri Marinette Marine president and CEO. “These are complex
vessels, and it takes a strong team effort to design, build and test
these American warships.”
The VH-92A helicopter completed operational testing that included operating on the south lawn of The White House in September 2018. Photo courtesy of the U.S. Marine Corps.
STRATFORD, Conn., June 10, 2019 — Sikorsky, a Lockheed Martin company, (NYSE: LMT) will build six production VH-92A Presidential Helicopters under a contract from the U.S Navy. These helicopters are part of the 23 aircraft program of record for the U.S. Marine Corps.
Under the terms of the contract, known as Low Rate Initial Production (LRIP) Lot 1, Sikorsky will begin deliveries of six VH-92A helicopters in 2021. The remaining production aircraft will be delivered in 2022 and 2023. The contract also provides spares and training support.
The contract award follows an affirmative Milestone C decision on May 30 from the U.S. Navy moving the development program into production.
“The authorization to exercise the program’s first Low-Rate Initial Production lot is a testament to the hard work and dedication from the team to deliver this important asset on budget and within the planned acquisition timeline” said U.S. Marine Corps Col. Eric Ropella, PMA-274 presidential helicopter program manager. “This award is an example of acquisition done right.”
Helicopter Proves Ready for Presidential Mission
The VH-92A test aircraft at Patuxent River, Maryland, have proven their production readiness by undergoing rigorous U.S. government testing and operational assessments, which included operating on the south lawn of the White House. The VH-92A has flown over 520 flight test hours establishing the aircraft’s technical maturity and readiness of its mission systems.
“This production decision validates the modifications to Sikorsky’s most successful commercial helicopter making it capable to transport the President of the United States at anytime, anywhere around the world,” said Dave Banquer, Sikorsky VH-92A program director. “Sikorsky has been building and providing helicopter transportation for every U.S. President and Commander in Chief since Dwight D. Eisenhower. We are excited to build the next generation of transport with the VH-92A helicopter.”
Prepared for Production
The VH-92A aircraft will provide safe, reliable and capable transportation for the President, Vice President and foreign heads of state.
This program ensures long term affordability and maintainability by utilizing the FAA certified S-92 aircraft which has industry leading reliability and availability. The S-92 fleet surpassed 1.5 million flight hours in April and averages 14,600 hours of safe flight per month.
Sikorsky and the U.S. Navy integrate mature mission and communication systems into the aircraft. This aircraft provides communication capability to perform the duties of Commander in Chief, Head of State and Chief Executive.
First Training System Delivered
Lockheed Martin delivered and installed the first VH-92A training device at the Presidential Helicopter Squadron HMX-1 in Quantico, Virginia, earlier this year. Marine pilots, avionics technicians and squadron personnel are actively engaged in hands-on learning through the suite of devices. The Flight Training Device (FTD) is a replica of the VH-92A cockpit to give pilots mission-oriented flight training in a simulation-based training device.
The training suite allows maintainers to hone their skills to effectively maintain the aircraft and practice troubleshooting.
About Lockheed Martin Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 105,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
STRATFORD, Conn., May 17, 2019 /PRNewswire/ — Sikorsky, a Lockheed Martin company (NYSE: LMT) will build 12 production CH-53K King Stallion helicopters under a new $1.13 billion contract from the U.S. Navy. These advanced helicopters are part of the 200 program of record aircraft for the U.S. Marine Corps.
Under the terms of the contract, known as Low Rate Initial Production (LRIP) Lot 2 and 3, Sikorsky will begin deliveries of 12 CH-53K helicopters in 2022, and also provide spares and logistical support. Sikorsky remains committed to continuing to reduce costs over the life of the program.
“I’m proud of the joint government and industry team in achieving this award,” said Col. Jack Perrin, U.S. Marine Corps program manager for the Naval Air Systems Command’s Heavy Lift Helicopters program, PMA-261.
The CH-53K is the only sea-based, long range, heavy-lift helicopter in production and will immediately provide three times the lift capability of its predecessor. The CH-53K will conduct expeditionary heavy-lift transport of armored vehicles, equipment, and personnel to support distributed operations deep inland from a sea-based center of operations. The new CH-53K will have heavy-lift capabilities that exceed all other DoD rotary wing-platforms and it is the only heavy lifter that will remain in production through 2032 and beyond.
“Sikorsky employees and our nationwide supply chain are ready to ramp up CH-53K production to support deployment of this modern, safe and reliable aircraft in 2023-2024,” said Sikorsky Program Director Bill Falk. “This contract demonstrates the U.S. Marine Corps’ confidence in Sikorsky to expand production of this technologically advanced heavy lift helicopter.”
Lockheed Martin, Sikorsky, and its suppliers have made significant investments in facilities, machinery, tooling, and workforce training to ramp-up production required for the CH-53K program. For example, we have installed more than eight new titanium machining centers, designed and implemented a new final assembly test facility with multi-floor ergonomic work platforms, installed 10-ton cranes, and now have 3D work instructions on the factory floor.
“We have transformed our factory for the future and implemented a model for all future helicopter programs,” Falk said. “Additionally, our engineers have implemented the latest technologies such as manufacturing simulation and 3D laser inspection technology. These investments in systems, personnel, and our facilities have elevated Sikorsky’s manufacturing technology and capabilities to meet production requirements of the CH-53K for domestic and international customers.”
King Stallion Progress Update
The all-new CH-53K, designed to be intelligent, reliable, low maintenance and survivable in the most difficult conditions, has flown more than 1,400 test hours and has met all the outer reaches of the test envelope. The King Stallion is in the midst of a rigorous test program to ensure militaries can safely move troops and equipment at higher altitudes, quicker and more effectively than ever.
The CH-53K, which has proven it can lift more than 36,000 pounds, is the most powerful heavy lift helicopter ever built in the United States. The King Stallion’s technologically advanced design will meet the future warfighting requirements for decades to come, enabling missions like humanitarian aid, troop and equipment transport, casualty evacuation (CASEVAC), support of special operations forces, and combat search and rescue (CSAR).
Accomplishments to date include: high altitude, hot temperature, and degraded visual environment flights, maximum weight single-point cargo hook sling load of 36,000 pounds (16,329 kilograms); forward flight speed of over 200 knots; 60 degrees angle of bank turns; altitude of 18,500 feet mean sea level (MSL); 12-degree slope landings and takeoffs; external load auto-jettison; and gunfire testing.
For additional information, visit www.ch-53k.com.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 105,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
The CH-53K is a modern, marinized, fly-by-wire aircraft that can move more cargo, farther and at longer distances that any other aircraft in production. For example, the CH-53K can lift an up-armored 22,600 lb. JLTV and carry it 110 nautical miles, in high and hot conditions and still have capacity for an additional 4,400 pounds of payload. There is no other helicopter that comes close to the performance of the CH-53K or that can meet Marine Corps requirements. Photo courtesy U.S. Navy.
São José dos Campos, SP, Brazil, May 3rd, 2019 – Embraer (NYSE: ERJ; B3: EMBR3;) delivered a total of 22 jets in the first quarter of 2019 (1Q19), of which 11 were commercial aircraft and 11 were executive jets (8 light and 3 large). As of March 31st, the firm order backlog totaled USD 16.0 billion.
In the first quarter, Embraer delivered the first E175 jet to Mauritania Airlines, the first of this model to the African continent. The airline signed a firm order for two E175 jets in 2018. The contract has a value of USD 93.8 million at current list prices.
Embraer also signed, in April, a firm order for 10 E195-E2 jets with Nigeria’s largest airline, Air Peace, which will become the first E-Jets E2 operator in Africa. The contract includes purchase rights for a further 20 E195-E2. With all purchase rights being exercised, the contract has a value of USD 2.12 billion based on current list prices. This order will be included in Embraer’s 2Q19 backlog.
The world’s best-selling light jet for the seventh consecutive year, the Phenom 300 reached the mark of the 500th aircraft delivered, becoming the only business jet model to reach this milestone in the last 10 years. The aircraft is in operation in more than 30 countries and has accumulated more than 780,000 flight hours. This milestone followed the announcement of the first Phenom 300E and Praetor 600 business jet sales to Brazilian customers.
Embraer Defense & Security and its partner Sierra Nevada Corporation (SNC) announced in February a contract for 12 A-29 Super Tucano light attack aircraft to the Nigerian Air Force. This sale was already included in Embraer’s 4Q18 backlog.
In the period, the Brazilian Navy also announced that the Águas Azuis Consortium, formed by thyssenkrupp Marine Systems, Embraer Defense & Security and Atech, was selected for the construction of four defense ships in the Tamandaré Corvettes Class Program (CCT) as preferred bidder.
In the Services & Support segment, Embraer and WDL Aviation GmbH, a German charter business which is part of the Zeitfracht logistics group, signed an agreement for a Flight Hour Pool Program to support the airline’s recently leased fleet of four used E190s. Air Astana, a flag carrier of Kazakhstan, also signed a multiyear agreement for a Flight Hour Pool Program to support the component needs for the airline’s new E2 fleet, Embraer’s second generation of the E-Jets family of commercial aircraft.
Follow us on Twitter: @Embraer
About Embraer
A global aerospace company headquartered in Brazil, Embraer celebrates its 50th anniversary with businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customer after-sales.
Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.
Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.
WASHINGTON, March 31 (Reuters) – Two U.S. Marine pilots died when their helicopter crashed near Yuma, Arizona, during a routine training mission, the Pentagon said on Sunday.
The Marines were flying an AH-1Z Viper helicopter as part of a weapons and tactics instructor course when the crash occurred late on Saturday, the Pentagon said.
The cause of the crash is being investigated. The Pentagon said the identities of the pilots would not be released for 24 hours pending notification of next of kin.
The AH-1Z Viper, a twin-engine attack helicopter built by Textron Inc subsidiary Bell Helicopter, entered production in late 2010. The Marine Corps was to acquire a total of 189 of the aircraft, according to a March 7 news release.
(Reporting by David Morgan; Editing by Dan Grebler and Daniel Wallis)
