Tag: Management (Page 6 of 11)

F-15QA1 and F-15QA2 Air to Air. Includes Arch Fly-by, St. Louis, MO. MSF20-0028 Series.

Boeing Secures Over $800M in Middle East Training and Support Contracts

November 11, 2020 / WIL BALDWIN

– Qatar Emiri Air Force to receive aircrew and maintenance training support for F-15QA aircraft

– Comprehensive support includes pre-delivery training and maintenance, and in-country services support

Boeing [NYSA: BA] today acknowledged three foreign military sales contracts with the U.S. Air Force for training services and support in the Middle East valued at more than $800 million.

The first previously unannounced contract was awarded in 2019 and will support the Qatar Emiri Air Force (QEAF) with F-15QA program management, maintenance and aircrew training valued at $240 million over a five-year contract period.

Boeing also received a separate not-to-exceed $68 million contract to provide maintenance and logistics support for the QEAF during their pre-delivery training for the F-15QA aircraft, which will commence early next year. The QEAF will send pilots and weapon system operators to the U.S., where the aircrews will learn how to independently operate the F-15QA ahead of receiving their new aircraft. Training will include in-person instruction, simulation events and flying operations and will be held near Boeing’s F-15 production facility in the U.S. through mid-2021.

Following this, Boeing will establish and operate an aircrew and maintenance training center for the QEAF at Al Udeid Air Base, Qatar, through 2024.

A third contract awarded in November and valued at more than $500 million will provide the QEAF with in-country spares and logistics support once the aircraft are delivered to Qatar.

“The tailored training and sustainment delivered by our team, coupled with Boeing’s platform expertise, allows us to deliver a holistic solution to our Qatari customer so they can optimize the full capability of their fleet with high availability rates,” said Tim Buerk, director of Middle East defense services for Boeing. “We look forward to our continued partnership with Qatar and further supporting their mission readiness needs.”

The F-15QA is an advanced variant of the undefeated F-15 aircraft. The Advanced F-15 features next-generation technologies that offer more speed, range and payload than any other fighter in its class. Boeing will deliver 36 F-15QA aircraft to Qatar starting in 2021.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

EmbraerX to Spin-Off Eve, Launch the Future of Urban Air Mobility

October 16, 2020 / WIL BALDWIN

Eve Urban Air Mobility Solutions, Inc. (Eve) has been launched as a new, independent company dedicated to accelerating the Urban Air Mobility (UAM) ecosystem. Eve is developing a full portfolio of solutions to enable the UAM market and ultimately benefit people’s lives, including the progression and certification of the company’s electric vertical takeoff and landing vehicle (eVTOL), the associated comprehensive services and support network, and the creation of urban air traffic management solutions. André Stein, former head of strategy for EmbraerX, has been appointed CEO of Eve.

Eve will benefit from greater focus, speed, and agility, allowing the company to innovate and execute at an accelerated pace in order to fully capitalize on the global UAM opportunity. Having been incubated for almost four years within EmbraerX, now is the right time to establish Eve as an independent company.

“We value the vast potential of the UAM market, as it represents a new business segment in which we foresee significant opportunities for Embraer. Innovation and diversification are key pillars of Embraer’s new strategic plan, which will increase revenue and improve profitability over the next few years,” said Francisco Gomes Neto, President and CEO of Embraer. “That is why I am eager to announce Eve, the first company to graduate from EmbraerX. Eve stands primed to create a new frontier in transportation with intelligent, environmentally friendly, autonomous-ready aircraft and the associated ubiquitous support and urban air traffic management solutions.”

As part of the company’s initiative to accelerate the UAM revolution, EmbraerX has been part of the Uber Elevate Network since its inception in 2017.

“Eve’s launch is an important next step in commercializing Embraer’s eVTOL designs while building on Embraer’s ability to design, certify, and deliver safe, globally-accepted aircraft. We look forward to our continued partnership to make aerial ridesharing a reality,” said Eric Allison, Head of Uber Elevate.

Benefitting from a startup mindset, backed by Embraer’s more than 50-year history of aerospace expertise, Eve today unveils a unique and valuable market proposition. Eve’s human-centered eVTOL design represents an actual, certifiable product development, as evidenced by the first flight of the engineering simulator in July 2020, and the company is harnessing the expertise of both Embraer and Atech, a subsidiary of the Embraer Group, in providing globally-recognized air traffic management software to create the solutions that will help safely scale the UAM industry going forward.

NATO Support & Procurement Orders Additional Airbus A330

October 5, 2020 / WIL BALDWIN

Airbus has received a firm order for an Airbus A330 MRTT Multi-Role Tanker Transport from OCCAR, Europe’s organisation for the management of cooperative armament programmes.

The order, which OCCAR has placed on behalf of NATO’s Support & Procurement Agency (NSPA), follows the decision from Luxembourg to maximize its participation into the Multinational MRTT Fleet (MMF) programme with a significant increase from 200 to 1,200 the number of flight hours contracted. The aircraft is part of the three additional options originally included in the contract and will increase the MMF fleet to nine aircraft.

This new order comes after the successful delivery of the first two aircraft, with training and operational activities already in place. The additional aircraft will provide greater availability of the MMF fleet, enabling other NATO nations to cover their needs in air-to-air refuelling, strategic transport and medical evacuation.

The MMF programme is funded by the Netherlands, Luxembourg, Norway, Germany, Belgium and Czech Republic who have the exclusive right to operate the NATO–owned aircraft in a pooling arrangement, a prime example of European operational defence collaboration. The aircraft will be configured for in-flight refuelling, the transport of passengers and cargo, and medical evacuation operations.

The European Defence Agency (EDA) initiated the MMF programme in 2012. OCCAR manages the MMF acquisition phase as Contract Executing Agent on behalf of NSPA. Following the acquisition phase, NSPA will be responsible for the complete life-cycle management of the fleet.

The A330 MRTT combines the advanced technology of a new generation tanker with the operational experience recorded during more than 200,000 FH in service. The A330 MRTT is interoperable with receivers worldwide and delivers true multi-role capabilities as proven during the recent MEDEVAC and strategic transport missions related to the COVID-19 pandemic.

Leonardo Adding Airport Ground Operations Safety Technologies

September 30, 2020 / WIL BALDWIN

– Leonardo’s U.S. subsidiary Selex ES Inc. launches AeroBOSS solutions to prevent runway incursions and protect global air travelers

– AeroBOSS provides a common operating platform enabling command and control of airport operations, maintenance and emergency resources

Leonardo’s U.S. subsidiary, Selex ES Inc., developer of en-route navigation, precision approach and landing, and surveillance systems, recently added airport surface management technologies to their air traffic control solutions.

Marketed under the name AeroBOSS, the technologies offer real-time, collaborative decision-making, flight and ground vehicle tracking, and runway safety systems that allow all surface vehicles to operate safer and more efficiently. AeroBOSS provides an airport-wide common operating platform enabling command and control of airport operations, maintenance, and emergency resources. One of the core AeroBOSS solutions is the AeroBOSS Runway Incursion Warning System (RIWS) that prevents runway accidents by alerting vehicle drivers of hazards before entering the runway area.

There are nearly thirty-one hundred airports in the world with commercial air carrier service, but only a small percentage have runway incursion prevention systems. Selex ES Inc. AeroBOSS technologies, developed for Air Navigation Service Providers and airports is able to improve airport safety efficiently and cost-effectively.

The addition of AeroBOSS solutions to Leonardo’s portfolio comes as the result of collaboration with U.S.-based INDMEX. The timing is critical, as the Civil Air Navigation Services Organization and Flight Safety Foundation have expressed concerns regarding the risks of airport runway incursions as air travel begins to return to normal following the sharp declines due to the COVID-19 pandemic.

Alstom to Provide Digital Train Control, Traffic Management and Electrification Infrastructure for the Rhine-Danube Rail Corridor

September 27, 2020 / WIL BALDWIN

– Alstom project value: 70 million EUR

– Travel time reduced to one hour on Sighisoara-Brasov section thanks to modernised infrastructure

– Alstom working on 75% of the 450 km currently in rehabilitation on the Romanian section of the European rail corridor

Alstom will provide digital train control, traffic management and electrification infrastructure as part of the rehabilitation and modernisation of Lot 2 (Apata-Cata) on the Sighisoara-Brasov section of the European Rhine-Danube rail corridor in Romania. Alstom’s share of the contract amounts to approximately €70 million. The Asocierea RailWorks consortium, of which Alstom is part, has signed the contract, with the project execution expected to last four years.

This project completes the previous one for Lots 1 and 3 of the same section, which was awarded to Asocierea RailWorks in March 2020. In total, Alstom will provide signalling and electrification works on the double line covering the railway distance of 128 kilometres – totalling more than 250 kilometres of modernized railway infrastructure – between Sighisoara and Brasov, two important touristic destinations in Romania.

The new project, totalling 28 kilometres of double railway line, includes the optimisation of the existing route by building tunnels to reduce travel time, as well as the modernisation of most of the old line, for passenger trains operating at up to 160 km/h. Alstom is directly responsible for the traffic management system, digital interlocking and ERTMS Level 2 deployment (ETCS Level 2 + GSM-R telecommunications system), passenger information systems as well as catenary upgrades and electric traction substations.

The most complex part in this project is the construction of two double tunnels (four tunnels in total, two per each direction) totalling almost 13 kilometres of double lines. In these tunnels, Alstom is responsible for an electro-ventilation system to compensate the lack of natural ventilation, along with a fire-proof system to ensure full traffic safety.

As with Lots 1 and 3 of the Sighisoara-Brasov section, for the upgrade of the catenary systems, Alstom will supply its OCS3 catenary solution for main lines.

Trains have been running between Brașov and Sighișoara since 1873. After completed rehabilitation, the train journey should take under one hour for the fastest trains, compared to 160 to 250 minutes at present.

Alstom has been active in ongoing rehabilitation works on the Romanian part of the Rhine-Danube Corridor since 2012 and now has five ongoing and two completed signalling and infrastructure projects on this section, covering over 75% of the distance of the 450 km currently in rehabilitation on the Romanian section of the European corridor.

The pan-European Rhine-Danube Corridor links the cities of Nuremberg-Prague-Vienna-Budapest-Curtici-Simeria-Brasov-Bucharest-Constanta. Through the rehabilitation programmes currently in implementation on the sections located on the Northern branch of the Romanian part of this Corridor, the traffic speed will increase to 160 km/h for passenger trains and to 120 km/h for freight trains.

Alstom is a global pioneer in the development and implementation of on-board digital train control equipment. ATLAS 200 is the Alstom’s ERTMS level 2 solution allowing trains to increase speed in perfectly safe conditions.

Boeing, SRP Sign Renewable Energy Agreement for Mesa Site

September 13, 2020 / WIL BALDWIN

– Boeing signs 15-year renewable energy agreement with SRPAgreement supports Boeing’s emission reduction goalsSRP solar photovoltaic plant scheduled to open in 2021

Boeing [NYSE: BA] and the Salt River Project (SRP) utility have signed a multi-year agreement to power Boeing’s Mesa site with renewable solar energy.

Boeing will be one of several companies to receive power from SRP’s soon-to-be-built 100-megawatt solar photovoltaic plant in Eloy, Arizona. Boeing’s Mesa site will receive about 25% of its electricity needs from this plant over the next 15 years. This supports the company’s overall goal to reduce greenhouse gas emissions 25% by 2025, and ultimately power operations with 100% renewable energy.

“It makes sense to take advantage of renewable solar energy at a location that enjoys 295 days of sunshine a year,” said Beth Schryer, Boeing vice president of Facilities & Asset Management. “This will help offset the same amount of energy equivalent to that used in one year by 670 average U.S. homes.”

SRP’s 700-acre Eloy plant is expected to begin operation in December 2021. Located approximately 50 miles from the plant is Boeing’s Mesa site. The Mesa site produces Apache helicopters and houses various corporate, commercial and defense teams in more than 40 buildings. Boeing employs more than 4,600 people in Arizona, with most based in Mesa.

“Boeing’s longstanding vision of improving the environment and reducing carbon emissions is a natural fit for the SRP Sustainable Energy Offering,” said Jim Pratt, SRP Associate General Manager and Chief Customer Executive. “We appreciate customers like Boeing working with us on this collaborative initiative to invest in renewable energy that not only helps them achieve their aerospace industry sustainability goals, but does so at an affordable cost.”

This agreement expands Boeing’s leadership in the use of renewable energy and energy efficiency. Two Boeing sites – Renton, Washington, and Charleston, South Carolina – use 100% renewable energy today. The company is also ranked 17^th on the EPA’s Green Power Partnership Fortune 500® Partners List, and has been named an EPA ENERGY STAR® Partner of the Year for 10 years running.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries. Boeing employs more than 160,000 people worldwide and leverages the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

Bombardier Delivers First Global 7500 Aircraft Equipped with Dual Head-up Display

August 25, 2020 / WIL BALDWIN

– One of many pilot-friendly features aboard the Global 7500 aircraft, dual HUD capability allows co-pilot to benefit from Enhanced and Synthetic vision for increased situational awareness

– Flagship Global 7500 aircraft redefines what is possible on a business jet with numerous innovations and the industry’s most advanced flight deck

– The Global 7500 aircraft boasts the longest range and the smoothest ride, and has demonstrated outstanding performance during its first 18 months in service

Bombardier is pleased to announce it has delivered the first Global 7500 aircraft equipped with a dual head-up display (HUD). This first-in-class capability provides additional safety and redundancy to what is already the most advanced and pilot-friendly cockpit in business aviation.

“The delivery of the first Global 7500 aircraft with a dual HUD showcases our outstanding commitment to safety,” said Michel Ouellette, Senior Vice President, Program Management and Engineering, Bombardier Aviation. “This cockpit is designed to put technology and automation at the service of the crew, rather than creating technology that the crew has to manage.”

The sophisticated HUD on the Global 7500 aircraft is equipped with Enhanced and Synthetic vision systems for optimal situational awareness. The second HUD builds on these advantages, with benefits including increased contribution from the co-pilot during HUD-assisted operations, easier switching between pilot flying and pilot monitoring as well as valuable redundancy during low-visibility approaches.

The Global 7500 aircraft is equipped with the latest Bombardier Vision flight deck, featuring unprecedented automation that remains firmly at the service of the crew. Examples include fully automatic fuel transfer and cabin pressurization management, and start-up sequences that are greatly simplified compared to those of other business jets. The unique, automated, self-diagnostic, electronic checklists ensure accuracy and relieve unnecessary manual tasks while providing full visibility to the crew. The Global 7500 aircraft’s proven fly-by-wire system is engineered to maximize safety through a design that combines pilot authority and the industry’s most complete flight envelope protection.

Complementing the safety attributes of the flight deck, the Global 7500 aircraft boasts outstanding low-speed handling characteristics on takeoff and landing, as well as the short-field performance of a light jet.

Qantas Announces Change to Executive Team

August 23, 2020 / WIL BALDWIN

The Qantas Group has today announced a reduction to its Group Management Committee as it continues to respond to the expanding COVID-19 crisis.

CEO of Qantas International, Tino La Spina, will leave the Group in light of what is likely to be the extended grounding of this part of the airline.

Responsibilities currently held by Mr La Spina will transfer to CEO of Qantas Domestic, Andrew David. Mr David’s role will change as a result, adding functional responsibility for Qantas International in addition to his existing responsibility for Qantas Domestic and Qantas Freight, reporting to Group CEO Alan Joyce. John Gissing (Group Executive of Associated Airlines and Services) will continue to have responsibility for regional carrier, QantasLink.

Mr Joyce said: “The COVID crisis is forcing us to rethink our business at every level. It’s increasingly clear that our international flights will be grounded until at least mid-2021 and it will take years for activity to return to what it was before. Under those circumstances, we’ve made the decision to consolidate the domestic and international business units under a single divisional CEO.

“Tino has done a superb job throughout his 14 years at Qantas. He’s a talented executive who brings his trademark enthusiasm to every challenge. I know I speak for the rest of the executive team and for the Board in thanking him sincerely for the huge contribution he has made, particularly as Deputy CFO and then CFO for most of that time.”

The change announced today will take effect from 1 September 2020.

As part of its response to the COVID crisis, the Qantas Group Management Committee took three months of zero pay in the last quarter of FY20 and is on reduced pay (65 per cent for the CEO and 85 per cent for other executives) until November 2020.

Tesla Announces a Five for One Stock Split

August 12, 2020 / WIL BALDWIN

PALO ALTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) — Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020. Trading will begin on a stock split-adjusted basis on August 31, 2020.

Forward-Looking Statements

Certain statements, including, without limitation, statements regarding the expected timing and impact of the stock dividend are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. Various important factors could cause actual results to differ materially, including the risks identified in our filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020. Tesla disclaims any obligation to update this information.

Amtrak Prepares for New Diesel Locomotive Fleet

August 6, 2020 / WIL BALDWIN

Amtrak today released renderings and other information about the first of the diesel-electric locomotives that will replace the current fleet on the National Network, including all long distance and many state-sponsored routes.

Five of the first six locomotives will have this version of our current Phase VI paint scheme (a “livery” in trade terms) and one will be painted to recognize next year’s 50^th anniversary of the inauguration of Amtrak service. A final livery will be unveiled later as part of a fleet-wide plan.

The ALC-42 series was developed by Amtrak with Siemens Mobility and is equipped with the latest safety systems, including Positive Train Control and Crash Energy Management. They have Alternating Current Propulsion for a maximum speed of 125 mph. The 16-cylinder Cummins QSK95 engine has Tier 4 Emissions Technology to reduce nitrogen oxide by more than 89 percent and particulate matter by 95 percent, while providing a savings in diesel fuel consumption and reaching Amtrak Sustainability goals.

The initial order of 75 new locomotives was first announced by Amtrak in December 2018, with deliveries expected through 2024. Amtrak also has a provision to order additional ALC-42 locomotives.

They are similar to the SC-44 locomotives purchased by some state agencies and operated by Amtrak, but have greater fuel capacity for longer routes and increased Head End Power generating capacity for bigger trains. A multitude of other upgrades will also lead to longer maintenance intervals. The front of the ALC-42 locomotive will serve as a “new face of Amtrak” in much of the U.S. and is designed to enhance safety, aesthetics and to simplify repairs.

The new locomotives are designated as ALC-42 for “Amtrak Long-distance Charger, 4,200-horsepower” and are in production in Sacramento, Calif. They will primarily replace Amtrak P40 and P42 diesel-electric locomotives. Although modern when bought in the 90s, the P-series locomotives have been intensively used for more than 25 years, lack up to date technology and do not achieve Tier 4 emissions standards.

Amtrak is purchasing the new locomotives through available funds and fulfills “Buy American” provisions. Siemens Mobility has suppliers across the United States to support locomotive production, including Cummins, which manufactures the diesel engines in Seymour, Indiana.

These new locomotives are part of Amtrak’s long-term planned series of improvements for fleet, infrastructure and stations, including new Acela trainsets now undergoing tests to begin service next year. Improvements are ongoing at New York Penn Station and Moynihan Train Hall, in addition to expanded development of the major stations at Washington, D.C., Baltimore, Philadelphia and Chicago.

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