Saab (OTC: SAABF) has signed an extension agreement with Boeing (NYSE: BA) for the manufacturing of large cargo doors, bulk cargo doors and access doors for the Boeing 787 Dreamliner.
The framework agreement is an extension of an existing contract signed with Boeing in 2004 for the 787 Dreamliner program.
Since the programme started, Saab has delivered in excess of 1,100 shipsets for the Boeing 787 Dreamliner programme.
Saab has a long experience in supplying major aerostructures for military as well as commercial aircraft programmes. Like many other major 787 structures, the doors will be mainly made of composite materials. A range of systems are built into the doors’ composite structures, providing Boeing with lightweight doors that are easy to install.
ENGLEWOOD, Colorado – August 26, 2021 – United Rotorcraft, an Air Methods Corporation division, has awarded Sikorsky, a Lockheed Martin company (NYSE: LMT), a contract for five S-70 Black Hawk helicopters. The bulk order will enable United Rotorcraft, as the only company authorized by Sikorsky to modify Black Hawk aircraft to the FIREHAWK configuration, to quickly deliver these new production aircraft for aerial firefighting in support of public agencies battling increasingly destructive wildland fires.
Sikorsky will produce the five S-70 Black Hawk aircraft at Lockheed Martin’s PZL Mielec manufacturing line in Poland. Deliveries to United Rotorcraft’s 55,000+ square foot completions facility in Colorado are expected between early 2022 and mid-2023. The first aircraft received will be configured as a FIREHAWK helicopter for the State of Colorado, which announced its contract with United Rotorcraft on Aug. 16.
To modify a Black Hawk helicopter to the Firehawk configuration, United Rotorcraft installs and integrates a 1,000-gallon (3,785-liter) external water tank system to the aircraft’s belly. Fingertip controls allow pilots to drop the precise amount of water with high accuracy and refill the tank via a retractable snorkel in 60 seconds or less while hovering 10 feet over a water source. United Rotorcraft works hand in hand with public agencies to further customize the aircraft, as needed, from communications and navigation systems, to cabin interiors, transforming the FIREHAWK into a true multi-mission aircraft, with the ability to transport up to 12 firefighters, provide medical care on board, or perform search and rescue operations.
Thirteen S-70 FIREHAWK helicopters currently fighting fires across California are operated by CALFIRE, Los Angeles County Fire Department, and San Diego Fire Rescue Department. Five more contracted aircraft are on the way.
– The ATR 72-600F will provide cargo operators with advantages of the latest generation market-leading regional turboprop
ATR, the world number one regional aircraft manufacturer, today announces the successful first flight of its new purpose-built regional freighter aircraft. The flight took off at 14:00 from its Saint-Martin site and lasted two hours. During the flight, crew onboard performed a number of tests to measure the new aircraft’s flight envelope and flight performance. The first delivery of this aircraft will be to FedEx Express, the world’s largest cargo airline and express transportation company, who placed a firm order for 30 aircraft, plus 20 options, in November 2017. The arrival of this new freighter further cements ATR’s leadership position in the regional freighter market where ATR cargo aircraft already represent a third of the in-service regional freighter fleet.
The brand new straight-from-factory cargo aircraft will offer a number of unique advantages to operators. With a Large Cargo Door included as part of the original design and the same wide cross section as all ATR aircraft, the freighter will be able to accommodate bulk cargo and industry-standard pallets and containers. The aircraft will also provide operators with the very latest avionics suite, which can be continuously upgraded. This effectively futureproofs the -600F’s state-of-the-art cockpit by allowing cargo airlines to take benefit from future innovations, which will further enhance the aircraft’s efficiency.
Closure represents next step in the Company’s long-term cost and footprint reduction strategies
When complete in early 2020, the Company is expected to save $5 million per year in fixed costs
CHICAGO, July 22, 2019 (GLOBE NEWSWIRE) — FreightCar America, Inc. (RAIL) announced today that it has started the process to permanently close its Roanoke, Virginia manufacturing facility. The Company will retain the necessary workforce to build cars at the facility through November.
“The closure of our Roanoke facility is another next step in our ‘Back to Basics’ strategy as we continue to streamline our manufacturing footprint and match it to our future product offering,” said Jim Meyer, President and Chief Executive Officer of FreightCar America. “Reducing our fixed costs and achieving world-class output from our much larger Shoals facility have always been core pillars of our turnaround strategy.”
Meyer added, “We have spent the last two years building our talent, processes and overall capabilities at Shoals and the plant is now in a position to accept the Roanoke models and volume. This action, when complete in the first half of 2020, is expected to save approximately $5 million per year.”
Meyer concluded, “Our people at Roanoke have consistently performed above all expectations. We are extremely thankful for everything they have given the Company.”
The Company will offer select employees the opportunity to relocate to other parts of the business.
About FreightCar America
FreightCar America, Inc. manufactures a wide range of railroad freight cars, supplies railcar parts and leases freight cars through its FreightCar America Leasing Company subsidiaries. FreightCar America designs and builds high-quality railcars, including bulk commodity cars, covered hopper cars, intermodal and non-intermodal flat cars, mill gondola cars, coil steel cars, boxcars and coal cars. It is headquartered in Chicago, Illinois and has facilities in the following locations: Cherokee, Alabama; Grand Island, Nebraska; Johnstown, Pennsylvania; Roanoke, Virginia; and Shanghai, People’s Republic of China. More information about FreightCar America is available on its website at www.freightcaramerica.com
