Tag: administration (Page 1 of 11)

Saab receives Gripen order from Hungary

February 23, 2024 / WIL BALDWIN

SAAB AB (Stockholm: SAABb) has today signed a contract with the Swedish Defence Materiel Administration (FMV) and received an order for four additional Gripen C fighter aircraft for Hungary.

This order follows an amendment to the contract between FMV and the Hungarian Government signed in December 2001 regarding 14 Gripen C/D fighters for the Hungarian Air Force. The contract amendment for the four additional aircraft was signed by the Hungarian Ministry of Defence and FMV on 23 February 2024. With this new contract amendment, Hungary will operate a total of 18 Gripen C/D aircraft to protect and defend the Hungarian and NATO airspace.

Saab currently has a contract with FMV regarding support for Hungary’s Gripen aircraft, and Saab is ready to provide additional upgrades and support for the Hungarian fighters beyond 2035.

Saab and the Hungarian Ministry of Defence have also signed an MoU regarding development of high-tech industrial areas and fighter aircraft capabilities. The cooperation includes support for the establishment of a Centre of Excellence for VR technologies in Hungary.

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.

RTX Pratt & Whitney receives $355 million F100 engine sustainment contract

February 13, 2024 / WIL BALDWIN

East Hartford, Connecticut, February 13, 2024, PRNewswire – Pratt & Whitney, an RTX (NYSE: RTX) business, was awarded an F100 engine performance-based logistics (PBL) sustainment contract by South Korea’s Defense Acquisition Program Administration (DAPA). This contract, with a base value of $355 million, is the third consecutive PBL contract Pratt & Whitney and DAPA have signed since 2012, offering on-going maintenance support for the Republic of Korea Air Force’s (ROKAF) F-15 Eagles and F-16 Fighting Falcons.

This contract is the latest initiative in an enduring partnership between Pratt & Whitney, DAPA and ROKAF, and it will support more efficient depot planning and improve overall fleet readiness through long-term material forecasting. Sustainment work began in December of 2023 and will run through the second half of 2027.

Forward-Looking Statements

Maersk & Kodiak Robotics launch commercial autonomous trucking lane between Houston and Oklahoma City

October 6, 2023 / WIL BALDWIN

Florham Park, New Jersey/Mountain View, California — A.P. Moller – Maersk AS (OTC: AMKBY) and Kodiak Robotics, Inc., have launched the first commercial autonomous trucking lane between Houston and Oklahoma City. The freight lane marks an expansion of the collaboration between Kodiak and Maersk, which began with their first autonomous freight deliveries together in November 2022 as part of Maersk’s Global Innovation Center Program. Kodiak has been delivering eight loads per week, with a safety driver behind the wheel, for Maersk customers since August.

Kodiak and Maersk are completing four round trips per week on a 24-hour-a-day, four-day-a-week basis between a Houston facility, where consumer products are loaded onto 53-foot trailers, to a distribution center in Oklahoma City. Operational learnings gained from the activity are captured and documented as part of the Kodiak Partner Deployment Program, which is designed to help companies learn how Kodiak’s self-driving trucks can become an integral part of their overall logistics strategy and offerings.

Autonomous trucking solutions have the potential to address long-term challenges faced by the trucking industry. According to the American Trucking Association, the trucking industry faces a shortage of roughly 78,000 drivers. The ATA estimates that, based on current driver demographic trends, as well as projected growth in freight demand, the shortage could swell to more than 160,000 over the next decade.

Safety continues to be a perennial challenge for the trucking industry as well. U.S. National Highway Traffic Safety Administration (NHTSA) research also estimates that 94% of crashes occur due to human error. For Kodiak, safety and performance are foundational to its autonomous trucking solution. Each vehicle is equipped with 18 different sensors, including cameras, radar, and lidar, that provide the platform with a 360-degree view around the truck. Every tenth of a second, the truck evaluates the performance of more than 1,000 safety-critical processes and components in both the self-driving stack and the underlying truck platform. The trucks learn in parallel, with system upgrades shared to the entire fleet simultaneously, and are not subject to environmental distractions.

A.P. Moller – Maersk expands global air freight services with Los Angeles air cargo gateway

October 4, 2023 / WIL BALDWIN

Los Angeles, California, October 3, 2023 – A.P. Moller – Maersk A/S A (Copenhagen: MAERSKa) has inaugurated a new 130,000 square foot air freight import/export gateway near Los Angeles International Airport (LAX) that offers direct planeside recovery with immediate unit load device (ULD) transfers. The west coast facility complements Maersk’s growing north American network of air cargo gateways, including Atlanta and Chicago which have been stood up in the last 12 months.

The new facility is just 15 miles from LAX and less than nine miles from the Port of Long Beach. Site staffing will be in place for the conduct of customs brokerage, commercial sales, and freight operations such as LCL transload. This site is U.S. Customs bonded Container Freight Station (CFS) and a U.S. Transportation Security Administration (TSA) Certified Cargo Screening Facility (CCSF). This ensures timely and secure air freight handling. The facility is scheduled to attain Free Trade Zone status in 2024 to benefit from lower duties, reduced processing fees, and faster movement of goods.

The opening of the Los Angeles facility is the latest step in Maersk’s North American air freight capacity expansion program that extends across strategic cargo entry points and is aligned to customer demand. The new capacity allows for more supply chain integration opportunities and better scaling to care for seasonal peaks as well as market driven volume spikes for breakout product launches.

LAX is one of the busiest airports in the world for both passenger traffic and cargo handling and is a major gateway between the U.S. and the Asia-Pacific region. According to Los Angeles World Airports, LAX ranks among the top 5 airports in the U.S. by tonnage. Los Angeles is a leading high-technology center for the nation in the entertainment, electronics, biomedical, computers, and aerospace industries.

Gulfstream G700 and G800 engines earn FAA certification

September 11, 2023 / WIL BALDWIN

Savannah, Georgia, September 8, 2023 — Gulfstream Aerospace Corp. today announced the all-new Gulfstream G700 and Gulfstream G800 Rolls-Royce Pearl 700 engines have earned Federal Aviation Administration (FAA) certification, bringing the aircraft program another step closer towards entry into service and customer deliveries.

The G700 and G800 feature high-speed, aerodynamic Gulfstream wing design as well as an all-new winglet designed for the two new aircraft. Along with the Rolls-Royce Pearl 700 engines, these innovations help reduce fuel consumption and emissions.

The G700 features the most spacious cabin in the industry and can fly 6,650 nautical miles/12,316 kilometers at Mach 0.90 or 7,750 nm/14,353 km at Mach 0.85, and its maximum operating speed of Mach 0.935 makes it the fastest aircraft in the Gulfstream fleet. The G800 can travel 7,000 nm/12,964 km at Mach 0.90 and 8,000 nm/14,816 km at Mach 0.85, the longest range in the business aviation industry.

The G700 and G800 both include the Gulfstream Symmetry Flight Deck with the industry’s only electronically linked active control sidesticks, the most extensive use of touch-screen technology in business aviation and Gulfstream’s award-winning Predictive Landing Performance System.

In the cabin, the G700 and G800 feature the Gulfstream Cabin Experience with 100% fresh air, the industry’s lowest cabin altitude, whisper-quiet noise levels and abundant natural light from iconic Gulfstream Panoramic Oval Windows.

Airbus & Korea Aerospace Industries launch Light Armed Helicopter production

August 31, 2023 / WIL BALDWIN

Seoul, South Korea – Airbus (OTC: EADSY) Helicopters and Korea Aerospace Industries (KAI) have signed an agreement to initiate the serial production phase of the Light Armed Helicopters (LAH). This follows the contract awarded by the country’s Defence Acquisition Programme Administration to KAI in December 2022 to supply an initial batch of ten LAH to the Republic of Korea Army. Deliveries will begin at the end of 2024, with follow-on orders to continue into the next decade.

This agreement will see Airbus Helicopters and KAI enter into the next phase of the programme, ramping up production of the LAH at KAI’s Sacheon facility in South Korea. Airbus Helicopters will support KAI’s order fulfilment with delivery of the required kits for the mass production.

The two companies have also signed an agreement to deepen their commitment in the joint Korean Utility Helicopter (KUH Surion) programme, to meet a wide range of operational requirements for the military, civil and parapublic markets.

This follows the recent launch of the joint development of new KUH variants, such as the Marine Attack Helicopter and Mine Countermeasure Helicopter, and their corresponding future versions. These programmes will benefit from Airbus Helicopters’ expertise in flight control systems and helicopter drive systems, and KAI’s industrialisation capability for local production. Airbus Helicopters is also committed to supporting KAI for additional serial deliveries.

Garmin receives certification for GFC 600 digital autopilot in Beechcraft King Air F90 aircraft

August 26, 2023 / WIL BALDWIN

Olathe, Kansas, August 23, 2023 — Garmin (NYSE: GRMN) today announced it has received Federal Aviation Administration (FAA) Supplemental Type Certification (STC) for the GFC^™ 600 digital autopilot in Beechcraft King Air F90 aircraft. The GFC 600 digital autopilot is optimized for turbine aircraft, delivering superior in-flight characteristics that reduce workload and bring new operational capabilities such as Vertical Navigation (VNAV)¹, automatic Course Deviation Indicator (CDI) switching when paired with a GTN Series navigator, enhanced go-around capabilities including missed approach sequencing — and much more.

The GFC 600 certification for the King Air F90 provides owners and operators with an autopilot upgrade that boasts superior integration potential with G600 and G600 TXi^™ flight displays, the GI 275 electronic flight instrument, as well as the GTN^™ and GTN Xi Series of navigators. The self-contained autopilot controller incorporates backlit keys and a bright, sunlight readable display that depicts autopilot status and mode selection. An intuitive built-in control wheel also provides convenient adjustment of aircraft pitch, airspeed and vertical speed modes. When the level button is selected, the aircraft automatically returns to straight-and-level flight.

Environmentally hardened autopilot servos designed for harsh operating conditions contain brushless DC motors offering improved performance and reducing maintenance requirements when compared to decades-old servo designs on the market today. In addition, these servos offer more torque to help pilots better respond to demands required of turbine aircraft.

Standard mark-width (6.25-inch) design of the GFC 600 mode controller ensures the autopilot controller allows for routine installation into the aircraft’s avionics stack. In King Air F90 aircraft, GFC 600 will require a G600 TXi or G600 flight display.

In addition to traditional autopilot capabilities such as altitude hold, vertical speed and heading modes, the GFC 600 includes:

Premium functions and advanced capabilities such as altitude pre-select² and indicated airspeed hold mode.
Ability to select, couple and fly various instrument approaches, including GPS, ILS, VOR, LOC and back course approaches.³
Built-in GPS roll steering capability eliminates the need for external roll steering converters and allows for smoother navigation tracking when installed with a compatible navigator.
Level Mode button, which automatically engages the autopilot to restore the aircraft to straight and level flight.
Underspeed and overspeed protection.
Yaw Damping (YD) mode minimizes yawing oscillations while also helping to maintain coordinated flight.
Flight Director command bars can be displayed on a flight display such as the G600 and G600 TXi.
Coupled ‘go-arounds’ for pilots to fly during missed approach sequencing. A remotely installed go-around button commands the Flight Director to display the appropriate pitch attitude required for the missed approach procedure and activates a loaded missed approach when paired with a GTN 650/750 or GTN 650Xi/750Xi navigator.
Included pitch-trim servo adds automatic trim and improved manual electric trim.
Control wheel steering is available, which allows the pilot to adjust pitch, roll, altitude hold, vertical speed or airspeed references using the control yoke while the autopilot is engaged.

Embraer E195-E2 granted type certification in China

August 23, 2023 / WIL BALDWIN

Beijing, China, August 23rd, 2023 – Embraer (NYSE: ERJ) E195-E2, the largest member of the E-Jet family, has been granted its Type Certificate by the Civil Aviation Administration of China (CAAC). This follows the certification of the E190-E2 received from CAAC in November last year, during the Zhuhai Air Show.

According to Embraer’s latest 20-Year Market Outlook published in June, Asia Pacific including China is expected to show a strong growth rate, increasing its RPKs by 4.4% annually over the next 20 years. The need for flexibility, complementing narrow-body aircraft, is driving demand in the up-to-150-seat segment in China.

Last year in November, Embraer E195-E2 ‘TechLion’ visited China and made its debut at the Zhuhai Airshow, exhibiting its capabilities to China’s aerospace leaders, including the outstanding performance, minimal noise and emissions, and low operation costs.

The E195-E2 entered into service in 2019 with Azul. As the largest member of the E-Jet family, E195-E2 accommodates between 120 and 146 passengers. It is the most fuel-efficient single aisle aircraft flying today, delivering 25% better fuel efficiency per seat, compared to previous generation E-Jets.

In June 2022, the E195-E2 was successfully tested on 100% SAF, confirming that the E-Jets E2 family can fly with blends of up to 100% SAF without any compromise to safety or performance. Today, the E2 emits 25% fewer CO2 emissions compared to previous generation aircraft; this reduction can be increased to 85% with SAF.

Dassault’s Falcon 6X receives EASA and FAA certification

August 22, 2023 / WIL BALDWIN

Saint-Cloud, France, August 22, 2023 – Today, the European Aviation Safety Agency (EASA) issued the type certificate for the Dassault (AM.PA) Falcon 6X, followed by the U.S. Federal Aviation Administration (FAA).

These certifications conclude a more than two-year-long test campaign during which 1,500 flight hours were logged worldwide. It is a significant step on the path to entry into service for the Falcon 6X, with the first units undergoing final completion.

The Falcon 6X is the most spacious, advanced and versatile twinjet in the long-range business jet segment. It has been recognized with various design awards, including the Red Dot Award and the International Yacht & Aviation Award.

Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab

August 2, 2023 / WIL BALDWIN

DENVER – 02 August, 2023 – Voyager Space, a global leader in space exploration, and Airbus (OTC: EADSY) Defence and Space, the largest aeronautics and space company in Europe, today announced an agreement paving the way for a transatlantic joint venture to develop, build, and operate Starlab, a commercial space station planned to succeed the International Space Station. The US-led joint venture will bring together world-class leaders in the space domain, while further uniting American and European interests in space exploration.

Voyager was awarded a $160 million Space Act Agreement (SAA) from the National Aeronautics and Space Administration (NASA) in December 2021 via Nanoracks, part of Voyager’s exploration segment. Part of NASA’s Commercial Low Earth Orbit Development Program, this SAA sets the foundation to create Starlab, a continuously crewed, free-flying space station to serve NASA and a global customer base of space agencies and researchers.

The program’s mission is to maintain continued human presence and American leadership in low-Earth orbit (LEO). Today’s announcement builds on an agreement made public in January 2023, where Voyager selected Airbus to provide technical design support and expertise for Starlab.

In addition to the US entity, Starlab will have a European joint venture subsidiary to directly serve the European Space Agency (ESA) and its member state space agencies.

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