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Rolls-Royce Announces Funding Secured for Small Modular Reactors

WIL BALDWIN November 8, 2021

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,…

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

WIL BALDWIN November 2, 2021

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…

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Federal Government Green Hydrogen Innovation Officer Visits Rolls-Royce

WIL BALDWIN July 13, 2021

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…

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Saab to Upgrade German Tornado Radar Warning Equipment

WIL BALDWIN May 25, 2021

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…

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New Honeywell Turbogenerator Will Run on Biofuel and Power Hybrid Electric Aircraft

WIL BALDWIN March 8, 2021

PHOENIX, March 8, 2021 /PRNewswire/ -- Honeywell (NYSE: HON) announced it is developing a power source for hybrid-electric aircraft, planned for demonstration later this year. At 280 pounds, the Honeywell 1-Megawatt generator weighs about the same as a…

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BAE Systems to Deliver First Zero Emission Public Buses in Vancouver, Canada

WIL BALDWIN March 6, 2021

Fifteen public buses in Vancouver, Canada, will be fitted with BAE Systems’ (London: BA.L) all-electric propulsion system, allowing them to run free of emissions. The fleet is the first in North America to benefit from the…

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Rolls-Royce Signs MoU with Fermi Energia for Compact Nuclear Power Stations

WIL BALDWIN March 2, 2021

Rolls-Royce (London: RR.L) and Fermi Energia have signed a Memorandum of Understanding to study the potential for the deployment of affordable, compact nuclear power stations, known as small modular reactors (SMR), in Estonia. The study…

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SAS and CFM Sign Engine Purchase and Services Agreement

WIL BALDWIN February 17, 2021

SAS has selected CFM International LEAP-1A engines to power its new fleet of 35 A320neo family aircraft ordered in 2018. This agreement also includes eight spare engines. In addition, SAS has signed with CFM a…

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U.S. Marine Corps Awards BAE Systems $184 Million for Additional ACV’s

WIL BALDWIN February 14, 2021

BAE Systems (OTC: BAESY) has received a $184 million contract option from the U.S. Marine Corps for more Amphibious Combat Vehicles (ACV) under full-rate production. The order demonstrates the Marine Corps’ confidence in a program…

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

WIL BALDWIN February 8, 2021

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…