Tag: Research (Page 4 of 4)

Bombardier Announces Long-term Agreement with GTAA to Relocate its Global Aircraft Final Assembly

December 4, 2019 / WIL BALDWIN

Ultra-modern and high-tech manufacturing facility will be located at Toronto Pearson International Airport
Slated for completion in 2023, the one-million square-foot facility will be home to the most advanced aircraft manufacturing processes in the world
Strengthened commitment to Ontario’s aerospace industry, securing job growth and supporting economic development in the region for years to come

TORONTO, Dec. 04, 2019 (GLOBE NEWSWIRE) — Bombardier is pleased to announce that it has signed a long-term lease agreement with the Greater Toronto Airports Authority (GTAA) to build its new state-of-the art Global Manufacturing Centre located at Toronto Pearson International Airport. With preliminary site work underway in Mississauga and first production activities set to begin in 2023, the cutting-edge facility will optimize final assembly operations for all Global business jets, including the industry flagship Global 7500 business jet.

The Global Manufacturing Centre at Toronto Pearson International Airport, approximately 20 km from the current Global aircraft final assembly site at Downsview, will reinforce Canada’s leading position in the business aviation market.

“Today, I’m very excited to announce the relocation of our Global aircraft family production activities to a new, cutting-edge manufacturing facility at Toronto Pearson. This is a strategic move for Bombardier and a strong commitment to Ontario’s aerospace industry. It will allow us to offer world-class career opportunities and continue fueling the economic development of the region for years to come,” said Alain Bellemare, President and Chief Executive Officer, Bombardier Inc.

The one-million square-foot facility will combine thousands of highly-skilled employees with 21st century production and tooling innovation. Bombardier employs the highest caliber technology throughout the manufacturing process of the Global 7500 business jets, including a state-of-the-art automated positioning system that uses laser-guided measuring to ensure major aircraft structures, such as the wing and fuselage, are joined consistently and perfectly each time. Combining human ingenuity with the most advanced machines, the Global 7500final assembly line in Toronto is a testament to the industry’s most advanced business jet.

This strengthened commitment to the Greater Toronto Area will also leverage significant recent R&D investments and a continued collaboration with Ontario’s colleges and universities for world class training, research and development.

Bombardier also confirmed it will continue to support the aerospace heritage of the Downsview site with a multi-million-dollar contribution to the Downsview Aerospace Innovation and Research Consortium (DAIR) to develop a visionary aerospace hub for academic research and training activities. The contribution includes $2.5 million CAD in capital funding to refurbish the historic Moth Building, where wartime Mosquito fighter bombers and Tiger Moth trainers were produced.

China’s BAIC Willing to Increase Daimler Holding after 5% Stake Buy

November 25, 2019 / WIL BALDWIN

FILE PHOTO: BAIC Group automobile maker at the IEEV New Energy Vehicles Exhibition in Beijing

BEIJING/FRANKFURT (Reuters) – Daimler’s <DDAIF> main Chinese joint venture partner BAIC Group has signalled its intention to increase its stake in the German luxury car manufacturer, sources briefed on the matter said, after it built up a 5% Daimler holding in July.

Officials at BAIC’s listed company, BAIC Motor Corp Ltd, said at investor conferences in mid-October that “both sides are willing to increase stakes in the other”, responding to questions about future relationship between BAIC Group and Daimler, the sources said.

Daimler said in a regulatory filing on Friday that HSBC held 5.23% in Daimler’s voting rights directly as well as through instruments such as equity swaps as of Nov 15. BAIC has used HSBC to help it build its initial 5% stake.

Sources declined to be named as they are not allowed to speak to media.

A Daimler spokesman on Monday said, that the company had received notification from HSBC that the voting stake of 5% has been exceeded.

While the spokesman would not say whether BAIC played a role in the transaction, he added that Daimler welcomed long-term shareholders such as BAIC, who support the carmaker’s strategies.

“Daimler AG appreciates BAIC as long-standing partner and long-term investor,” the spokesman said in a written statement.

“Such shareholders help us to further safeguard and strengthen the capitalization of our company,” the statement continued.

BAIC was not immediately available for comment.

Geely, Daimler’s biggest shareholder with a 9.7% stake, said: “We are a long-term investor in Daimler. We do not react spontaneously to any volatility and we support Daimler’s management and their strategy.”

BAIC (Beijing Automobile Group Co Ltd) has been Daimler’s main partner in China for years and operates Mercedes-Benz factories in Beijing through Beijing Benz Automotive.

Two months before its July stake deal was announced, sources told Reuters that BAIC wanted to invest in Daimler to secure its investment in Beijing Benz Automotive.

In March, sources told Reuters Daimler had asked Goldman Sachs <GS> to help it explore increasing its stake in BAIC’s Hong Kong-listed company.

The partners also planned to revamp manufacturing facilities to make Mercedes Benz-branded trucks via their commercial vehicle joint venture Foton Daimler Automotive (BFDA), Reuters reported in August citing a document and sources familiar with matter.

The companies also said Daimler and BAIC’s new energy vehicle unit BluePark have jointly developed a battery research lab in Beijing.

State-owned BAIC built its stake after Li Shufu, chairman of rival private automaker Zhejiang Geely Holding Group, built a 9.69% stake in Stuttgart-based Daimler in early 2018.

By using Hong Kong shell companies, derivatives, bank financing and structured share options, Li kept the plan under wraps until he was able, at a stroke, to become Daimler’s single largest shareholder.

Since the investment, Geely and Daimler have said they plan to build the next generation of Smart electric cars in China through a joint venture.

Zhejiang-based Geely owns Volvo while BAIC in addition to Daimler has a partnership with South Korea’s Hyundai Motor <HYMTF>.

Daimler said it had collaborated with BAIC in areas such as production, research and development and sales since 2003.

(Reporting by Yilei Sun and Edward Taylor; additional reporting by Arno Schuetze and Ludwig Burger; editing by Brenda Goh, Jason Neely and Louise Heavens)

China’s BAIC willing to increase Daimler holding after 5% stake buy – sources
FILE PHOTO: Ola Kaellenius, Chairman of the Board of Management of Daimler AG, speaks at a media event during the Guangzhou auto show in Guangzhou

Talgo, Transport Scotland and Scottish Enterprise Sign Framework Agreement

November 11, 2019 / WIL BALDWIN

Talgo, together with Scottish Enterprise and Transport Scotland, has signed a jointly agreed framework for the establishment of Longannet, Fife as a manufacturing base for Talgo UK. The agreement is part of arrangements to ensure that Talgo UK will be ready to deliver contracts that Talgo is currently bidding for (and future bids), should the company be successful.

The framework agreement sets out each party’s commitment – to ensure that the proposed multi – million £ factory at Longannet is prepared and delivered at an agreed time and to an agreed specification. This milestone will ensure that Talgo will meet contractual deliverables for the contracts that are being evaluated and proposed.

TALGO is a leading specialised rolling stock engineering company mainly focused on designing, manufacturing and servicing technologically differentiated, fast, lightweight trains.

There are TALGO solutions in 44 countries, and TALGO has an industrial presence in 7 regions, including Spain, Germany, Kazakhstan, Uzbekistan, Russia, the Middle East and the United States. TALGO is renowned worldwide for its innovation, its unique technology, and reliability.

A key part of TALGO UK’s strategy is ‘knowledge transfer’ – building UK domestic capacity for Research and Development. An innovation hub is also planned in Chesterfield. It will act as a focal point for TALGO UK’s Research and Development, bringing together networks of engineering excellence, and creating new opportunities throughout the British Isles.

Talgo President, Carlos de Palacio y Oriol, said: ‘We are committed to Scotland in our bid process. Today’s milestone marks a new phase in an excellent relationship with’ team Scotland. Now let’s get on with securing orders that will bring more jobs and ‘true manufacturing’ of rolling stock back to Scotland’

Executive Director, Scottish Enterprise, Paul Lewis, said: “This Framework agreement is another significant milestone in our work with Talgo, to achieve its ambition of establishing a world-class high value manufacturing facility at Longannet. Scottish Enterprise and our partners are incredibly excited by Talgo’s plans for Longannet, which would deliver 1,000 direct jobs and a host of supply chain opportunities for companies in Scotland’

Embraer Advances Demonstrator Aircraft Electric Propulsion

August 18, 2019 / WIL BALDWIN

São José dos Campos-SP, August 16 2019 – Embraer unveiled today, on the eve of its 50th anniversary, images of the demonstrator aircraft with 100% electric propulsion technology, which is currently under development. The prototype has a special paint scheme and is ready to receive systems and components.

The aircraft’s electric motor and controller are being manufactured by WEG at the company’s headquarters in Jaraguá do Sul, Santa Catarina, Brazil, as part of the scientific and technological cooperation agreement for jointly development of electrification technologies.

Advances on the project include the partnership with Parker Aerospace that will be responsible to supply the cooling system for the demonstrator aircraft.

On the forthcoming months, the companies’ technical teams will continue to test the systems in the labs preparing the integration in the demonstrator aircraft for testing under real operating conditions. The first flight of the prototype is scheduled for 2020.

About the technological cooperation

The proposed scientific development program of aeronautical electrification, formalized through the cooperation between Embraer and WEG announced in May 2019, constitutes an effective and efficient instrument for experimentation and maturation of the technologies before they are applied in future products.

The partnership, in the context of pre-competitive research and development, seeks to accelerate the knowledge of the necessary technologies to increase the energy efficiency of an aircraft, considering the use and integration of electric motors into innovative propulsion systems. A small single-engine aircraft, based on the EMB-203 Ipanema, will be used as test bed, carrying out the initial evaluation of the electrification technology.

The electrification process is part of a series of efforts carried out by Embraer and the aeronautical industry aimed at ensuring the commitment with the environmental sustainability, as already done with biofuels to reduce carbon emissions.

By establishing strategic partnerships through more agile cooperation mechanisms, Embraer is stimulating knowledge networks to allow a significant increase in Brazil’s competitiveness and the construction of a sustainable future.

Sikorsky Gets Contract for 12 CH-53K Heavy Lift Helicopters

May 20, 2019 / WIL BALDWIN

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.

Air Transport Services Group 1Q Earnings Snapshot

May 8, 2019 / WIL BALDWIN

Associated Press • May 8, 2019

WILMINGTON, Ohio (AP) – Air Transport Services Group Inc. (ATSG) on Tuesday reported first-quarter profit of $22.7 million.

The Wilmington, Ohio-based company said it had profit of 25 cents per share. Earnings, adjusted for one-time gains and costs, were 37 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.

The air cargo company posted revenue of $348.2 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $306 million.

Air Transport Services shares have fallen nearly 4% since the beginning of the year. The stock has increased nearly 7% in the last 12 months.

Spirit Airlines Starts Serving the Research Triangle

May 2, 2019 / WIL BALDWIN

MIRAMAR, Fla., May 02, 2019 (GLOBE NEWSWIRE) — The savings and signature service has arrived in the Research Triangle! Today Spirit Airlines officially began service to and from Raleigh-Durham International Airport (RDU). The airline’s signature yellow Airbus jets will now connect RDU to Baltimore/Washington, DC, Boston, Detroit, Fort Lauderdale, New Orleans, Chicago, and Orlando with nonstop flights. The new routes also create dozens of connections to other Spirit destinations in the United States, as well as the Caribbean and Latin America. Raleigh-Durham is Spirit’s third destination in the Tar Heel State, joining the Piedmont Triad and Asheville and will soon be joined by Charlotte on June 20.

“The time has finally arrived for us to begin serving the Research Triangle, and we are ready to do just that,” said Ted Christie, Spirit Airlines’ president and CEO. “With eight daily flights to some of our biggest destinations, and connections to many more, we believe our service and value will resonate in the Raleigh-Durham region. In less than a year, Spirit has gone from no footprint in the state to serving four destinations by June 20, and I want to thank North Carolinians for embracing us.”

“We are happy to welcome Spirit Airlines as the newest carrier connecting the Research Triangle community to the world,” said Michael Landguth, president and CEO of the Raleigh-Durham Airport Authority. “Spirit’s low fares and suite of nonstop destinations will add to the world-class airport experience business and leisure travelers expect from RDU.”

Raleigh-Durham, NC (RDU)	Starts:	Frequency:
Baltimore, MD/Washington, DC (BWI)	May 2, 2019	2x daily, year-round
Boston, MA (BOS)	May 2, 2019	Daily, year-round
Detroit, MI (DTW)	May 2, 2019	Daily, year-round
Orlando, FL (MCO)	May 2, 2019	Daily, year-round
Fort Lauderdale, FL (FLL)	May 2, 2019	Daily, year-round
New Orleans, LA (MSY)	May 2, 2019	Daily, year-round
Chicago, IL (ORD)	May 2, 2019	Daily, year-round

Beyond next month’s launch in Charlotte, the airline will also be expanding on the West Coast, adding Burbank and Sacramento to its network. All three new cities will launch on June 20. Spirit’s growing route network comes with ongoing investments into its guest experience. The airline continues to rank among the top in on-time arrivals, baggage handling, and is in the process of installing high-speed Wi-Fi to its entire fleet.

About Spirit Airlines:
Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky while providing an extraordinary Guest experience. We are the leader in providing customizable travel options starting with an unbundled fare. This allows every Guest to pay only for the options they choose — like bags, seat assignments and refreshments – something we call À La Smarte. We make it possible for our Guests to venture farther, travel more often, and discover more than ever before. Our Fit Fleet™ is one of the youngest and most fuel-efficient in the U.S. We operate more than 600 daily flights to 75 destinations in the U.S., Latin America and the Caribbean, and are dedicated to giving back and improving the communities we serve. Come save with us at spirit.com. At Spirit Airlines, we go. We go for you.

Contact:
Derek Dombrowski
(305) 916-6065
derek.dombrowski@spirit.com

Source: Spirit Airlines, Inc.

Boeing Unveils New Transonic Truss-Braced Wing

January 9, 2019 / WIL BALDWIN

Boeing revealed the newest Transonic Truss-Braced Wing (TTBW), which researchers say will fly higher and faster than the previous TTBW concepts. The new configuration is designed to offer unprecedented aerodynamic efficiency while flying at Mach 0.80.

From end-to-end, the folding wings measure 170 feet. The high wingspan is made possible by the presence of a truss, which supports the extended length of the ultra-thin wing.

Originally, the TTBW was designed to fly at speeds of Mach 0.70 – 0.75. To increase the aircraft’s cruise speed, the new concept now has an optimized truss and a modified wing sweep. By adjusting the wing sweep angle, the truss can carry lift more efficiently. The end result was a more integrated design that significantly improved vehicle performance.

The new changes follow extensive wind tunnel testing at NASA Ames Research Center. For nearly a decade, Boeing and NASA have been studying the concept as part of the Subsonic Ultra Green Aircraft Research (SUGAR) program. The research focuses on innovative concepts that reduce noise and emissions while enhancing performance.

Story and image from http://www.boeing.com

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