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BAE Systems & L3Harris deliver first EC-37B Compass Call aircraft to the U.S. Air Force

BAE Systems PLC (London: BAES) and L3Harris Technologies Inc. (NYSE: LXH) delivered the first of 10 EC-37B Compass Call aircraft to the U.S. Air Force for formal combined developmental and operational testing. The next-generation system evolves the Air Force’s 40-year mission of employing electromagnetic attack (EA) capabilities in support of U.S. and coalition air, surface, and special operations forces.

Mission system prime BAE Systems produces the Compass Call Airborne Electromagnetic Attack mission system at its Hudson, New Hampshire facility. The system disrupts enemy communications, radars and navigation systems, and suppresses enemy air defenses by preventing the transmission of essential information between adversaries, weapon systems and command-and-control networks.
Platform integration prime L3Harris integrated the EC-130H Compass Call mission system into a modern Gulfstream G550 business jet at its Waco, Texas aircraft missionization center. The EC-37B has increased speed, endurance and high-altitude operation for improved survivability and range to deliver EA effects.

 

Hola

Mesa Air Group Announces Third Quarter 2023 Earnings Release and Conference Call Date

Phoenix, Arizona, August 07, 2023 (GLOBE NEWSWIRE) – Mesa Air Group, Inc. (NASDAQ: MESA) will release its third quarter earnings results for fiscal year 2023 after the market closes on Wednesday, August 9th. The company will also host a conference call to discuss the results on August 9th at 4:30 pm Eastern Time.

The call can be accessed by dialing 800-857-9792 and entering the passcode: PHOENIX (7463649).

There will also be a listen-only webcast on Mesa’s website (found here). A recorded version will be available on Mesa’s website approximately two hours after the call (http://investor.mesa-air.com).

About Mesa Air Group, Inc.

Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the holding company of Mesa Airlines, a regional air carrier providing scheduled passenger service to 89 cities in 40 states, the District of Columbia, the Bahamas, Canada, Cuba, and Mexico as well as cargo services out of Cincinnati/Northern Kentucky International Airport. As of June 30, 2023, Mesa operated a fleet of 80 aircraft with approximately 277 daily departures and four 737 cargo aircraft. The Company had approximately 2,300 employees. Mesa operates all its flights as either United Express or DHL Express flights pursuant to the terms of a capacity purchase agreement entered into with United Airlines, Inc. and a flight service agreement with DHL.

Collins Aerospace to Providing Passenger Service Units for Airbus A320 Family Airspace Cabin

Collins Aerospace, a unit of Raytheon Technologies Corp. (NYSE: RTX), has been selected by Airbus (OTC: EADSY) to supply upgraded passenger service units (PSU) for the delivery of the new A320 Family Airspace cabin. The advanced architecture and sleek new design fits seamlessly within the new Airspace cabin, supporting a consistent passenger experience across the family of aircraft.

The advanced composite materials of the Collins PSU provide the strength and durability needed to handle each passenger touchpoint, including reading lights, air outlet valves and call attendant lights. The modular design is easily adjustable for a variety of seat pitches, enabling simple installation and removal.

Collins has supplied PSUs for the A320 family of aircraft for more than two decades and is actively working with Airbus to explore future developments and to improve the already outstanding performance of the new passenger service units.

Rolls-Royce Testing Most Powerful Hybrid-Electric Propulsion System

Rolls-Royce has started testing the first elements of the most powerful hybrid-electric aero power and propulsion system in aerospace at a newly-renovated testbed. The tests are part of the 2.5 megawatt (MW) Power Generation System 1 (PGS1) demonstrator programme, for future regional aircraft.

Rolls-Royce has begun testing the AE2100 engine element and specialist controls and thermal management system, supported by a system integration generator, at our Testbed 108 in Bristol, UK.

Later this year a fully operational generator and a 3,000-volt power electronics system, currently completing testing at our facility in Trondheim, Norway, will be brought together to start full PGS1 system testing. The generator can be used either for hybrid-electric propulsion systems or as part of a “more-electric” system for larger aircraft.

PGS1 forms an important element of our sustainability strategy, which includes developing innovative electrical power and propulsion systems, as well as further improving gas turbine performance and promoting the use of Sustainable Aviation Fuels.

Spirit Airlines Reports Q4 Loss, Misses Revenue Estimates

Spirit (NYSE: SAVE) came out with a quarterly loss of $1.61 per share versus the Zacks Consensus Estimate of a loss of $1.44. This compares to earnings of $1.24 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -11.81%. A quarter ago, it was expected that this airline would post a loss of $2.63 per share when it actually produced a loss of $2.32, delivering a surprise of 11.79%.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

Click the link below to read the full story!

https://finance.yahoo.com/news/spirit-save-reports-q4-loss-230511372.html

DB Regio Bayern and Siemens Mobility Sign Contract for 31 Regional Trains

DB Regio Bayern has ordered 31 regional trains from Siemens Mobility. The trains will serve on routes between Munich, Passau and Regensburg. Siemens Mobility will be delivering 25 double-decker Desiro HC trainsets and six single-decker Mireo trainsets. Passenger service with the new trains is planned to begin with the timetable change in December 2024.

“We’re especially pleased that we were able to win the Europe-wide call for tenders from the Bayerischen Eisenbahngesellschaft. The modern trains provided by our partner Siemens Mobility are an important contribution for ensuring high-quality operations that attract additional passengers to rail transport,” said Hansrüdiger Fritz, Chairman of the Regional Management, DB Regio Bayern.

“Our Desiro HC and Mireo regional trains stand for enhanced passenger experience and convenience, maximum availability, and sustainability. Both train platforms are very popular with passengers and have already significantly improved passenger satisfaction on many routes. We are pleased that we’ve received the order to build 25 Desiro HC trains and six Mireo trains for the Danube-Isar network,” said Albrecht Neumann, CEO Rolling Stock, Siemens Mobility.

The Desiro HC trains are intended for use on the line RE 3 Munich Hbf – Landshut Hbf – Plattling – Passau Hbf and until the opening of the 2nd S-Bahn main line in Munich on the RB 33 (Munich Hbf) – Freising – Moosburg – Landshut Hbf. The Mireo trains will be used on the airport express RE 22 Munich Airport Terminal – Landshut Hbf – Regensburg Hbf. After commissioning of the 2nd line, the vehicles of the RB 33 will be used for increased frequency in rush-hour traffic between Munich and Regensburg or Plattling.

KCS Announces Fourth Quarter 2020 Earnings Release and Conference Call Time

Kansas City Southern (KCS) (NYSE: KSU) will release its fourth quarter 2020 financial results on Friday, January 22, 2021, before the opening of trading on the New York Stock Exchange.

KCS will also hold its fourth quarter 2020 earnings conference call on Friday, January 22, 2021 at 8:45 a.m. eastern time. Shareholders and other interested parties are invited to participate via live webcast or telephone. To participate in the live webcast and to view accompanying presentation materials, please log into investors.kcsouthern.com immediately prior to the presentation. To join the teleconference, please call (844) 308-6428 from the U.S., or (412) 317-5409 from all other countries.

A replay of the presentation will be available by calling (877) 344-7529 from the U.S., (855) 669-9658 from Canadaor (412) 317-0088 from all other countries and entering conference ID 10150484. The webcast replay and presentation materials will be archived on the company’s website.

Headquartered in Kansas City, Mo., Kansas City Southern is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS’ North American rail holdings and strategic alliances with other North American rail partners are primary components of a unique railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada. More information about KCS can be found at www.kcsouthern.com.

Union Pacific Announces Fourth Quarter 2020 Earnings Release Date

Union Pacific Corporation (NYSE: UNP) will release fourth quarter 2020 financial and operating results on Thursday, January 21, 2021, at 8:00 a.m. ET. The company’s management team will host a conference call and live webcast at 8:45 a.m. ET.

Parties interested in participating via teleconference may dial 877-407-8293. International callers may dial 201-689-8349. A live webcast of the presentation and materials will be available in the investor relations section of Union Pacific’s website at www.up.com/investor. A replay of the audio webcast will be available shortly thereafter.

Mesa Air Group Announces Date for Fourth Quarter, FY 2020 Earnings Conference Call

Mesa Air Group, Inc. (NASDAQ: MESA) will release its fourth quarter earnings for fiscal year 2020 after the market closes on Wednesday, December 9. The company will also host a conference call to discuss the results on December 9 at 4:30 pm Eastern Time.

The call can be accessed by dialing 888-469-2054 and entering the passcode: PHOENIX (7463649).

There will also be a listen-only webcast on Mesa’s website (http://investor.mesa-air.com/events-and-presentations/events). A recorded version will be available on Mesa’s website approximately two hours after the call (http://investor.mesa-air.com).

Ferrari Extends Italian Plant Closures to April 14

MILAN (Reuters) – Luxury carmaker Ferrari <RACE> said on Friday it would extend the shutdown of its two Italian plants and reopen on April 14, provided it had supplies, and update 2020 forecasts in May when it releases its first-quarter earnings.

Ferrari this month closed factories in Maranello and Modena, in the northern Italian region of Emilia-Romagna, for two weeks until March 27 in a response to the coronavirus outbreak and a shortage of parts.

Investment firm Exor <EXXRF>, which controls Ferrari, on Wednesday said that current plant closures at Ferrari as well as at other controlled companies Fiat Chrysler <FCAU> and CNH Industrial <CNHI>, though temporary, might continue.

Ferrari – which cited “the huge uncertainty and lack of predictability that the COVID-19 has created” – said it would continue to cover all days of absence for those employees who could not work remotely.

The company added it would give further financial guidance during a conference call on its first-quarter earnings, scheduled for May 4.

In February, Ferrari said it planned its adjusted core profit to increase to between 1.38-1.43 billion euros this year, compared to a previous guidance of over 1.3 billion euros.

Ferrari said on Friday it remained confident that it would “continue to create value for all stakeholders beyond the near-term uncertainties”.

(Reporting by Giulio Piovaccari; Editing by Nick Macfie)

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