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Indian Government announce selection of Dassault Aviation Rafale to equip Indian Navy

(Saint-Cloud, France, July 14, 2023) – The Indian Government announced the selection of the Dassault Aviation (OTC: DUAVF) Rafale to equip Indian Navy Navy Rafale to equip the Indian Navy with a latest-generation fighter following an international competition launched by the Indian authorities. This decision comes after a successful trial campaign held in India, during which the Navy Rafale demonstrated that it fully met the Indian Navy’s operational requirements and was perfectly suited to the specificities of its aircraft carrier.

The Indian Navy’s 26 Rafale will eventually join the 36 Rafale already in service, which are giving full satisfaction to the Indian Air Force, making India the first country to make the same military choice as France by operating both versions of the aircraft to help consolidate its superiority in the air and on the seas and guarantee its sovereignty.

This selection confirms the excellence of the Rafale, the exceptional quality of the link between Dassault Aviation and the Indian Forces, and the importance of the strategic relationship between India and France.

Porter Airlines Orders up to 80 Embraer E195-E2 Jets to Lead Major Expansion Plan

Porter Airlines has unveiled plans to extend its award-winning service to destinations throughout North America with a firm order for 30 Embraer E195-E2 jets, with purchase rights for a further 50 aircraft. The deal will be included in Embraer’s second quarter backlog, and is worth USD5.82 billion, at list price with all options exercised. First revealed in May 2021, this announcement adds the purchase rights and the customer name, which had been undisclosed.

Porter Airlines will be the North American launch customer for Embraer’s newest family of jets, the E2. Porter’s investment is set to disrupt the Canadian aviation landscape; enhancing competition, elevating passenger service levels and creating as many as 6,000 new jobs. Porter intends to deploy the E195-E2s to popular business and leisure destinations throughout Canada, the United States, Mexico and the Caribbean, from Ottawa, Montreal, Halifax and Toronto Pearson International Airport.

Porter’s first delivery and entry into service is scheduled starting in the second half of 2022. The option to convert purchase rights to the E190-E2s is included in the agreement. This would provide greater flexibility to introduce non-stop service in markets with fewer passengers, and to add frequencies on higher demand routes.

The E195-E2 accommodates between 120 and 146 passengers. Configuration plans for Porter’s E2s will be revealed in due course.

Embraer Cheers Brazilian Government Decision to Review Aeronautic Sector Subsidies

São Paulo, Brazil, February 18, 2021 – Embraer (NYSE: ERJ) welcomes the Brazilian Government’s decisions to withdraw its ongoing World Trade Organization (WTO) dispute with Canada regarding aeronautical subsidies and to launch negotiations on more effective disciplines to regulate government support in the Commercial Aviation segment.

At the WTO, Brazil challenged more than USD 3 billion in illegal subsidies that the Governments of Canada and Quebec provided to Bombardier for the launch, development and production of the C-Series program. These subsidies distorted the conditions of competition in the global market for commercial aircraft, causing serious prejudice to Embraer, in clear violation of WTO rules.

Although Brazil has a strong case, the WTO dispute became ineffective to address the Canadian subsidies and to remedy the distortions generated in the market. After Bombardier exited the Commercial Aviation segment and transferred the C-Series program (now called A220) to Airbus, which has a second assembly line in the United States, the trade dispute against Canada at the WTO is no longer the most effective means to achieve Brazil’s and Embraer’s goal of reestablishing a level playing field in this sector.

Embraer also supports Brazil’s initiative to launch negotiations for more effective disciplines on government support in the commercial aviation segment, as the best way to achieve this goal, as previously seen with the successful experience of the OECD’s Aircraft Sector Understanding (ASU), signed in 2007 to regulate export credits. Ultimately, Embraer believes that commercial aircraft manufacturers should compete against each other based on the merits of their product, not on the amount of funding they receive from their governments.

Sikorsky-Boeing Reveals Advanced Assault Helicopter Design to Revolutionize U.S. Army Capability

Sikorsky, a Lockheed Martin Company (NYSE: LMT), and Boeing (NYSE: BA) today released details of its advanced helicopter for the U.S. Army’s Future Long Range Assault Aircraft competition, known as FLRAA. The aircraft, named DEFIANT X, will be the fastest, most maneuverable and most survivable assault helicopter in history. Combined with the team’s unsurpassed experience in mission systems, training and sustainment, it will revolutionize the way the Army meets threats in 2035 and beyond.

DEFIANT X is a complete weapon system that builds on the handling qualities and transformational capabilities proven by the team’s technology demonstrator, SB>1 DEFIANT®. With unmatched range and survivability, DEFIANT X will to fly low and fast through complex terrain, land quickly, deliver soldiers and equipment to the objective area (referred to as “the X”) and get out.

DEFIANT X flies twice as far and fast as the venerable Black Hawk helicopter it is designed to replace. Currently undergoing testing in a digital combat environment, the aircraft continues to prove itself the most survivable platform for mission requirements.

“We are ready to deliver unparalleled capabilities backed by proven technologies that will truly transform the Army’s mission today – with room to grow and adapt to the missions of tomorrow,” said Andy Adams, Sikorsky vice president of Future Vertical Lift. “DEFIANT X not only includes the transformational aircraft, mission systems and revolutionary sustainment solution, but also leverages Sikorsky’s and Boeing’s advanced manufacturing capabilities.”

With its rigid coaxial rotor system and pusher propeller, DEFIANT X incorporates Sikorsky X2 Technology™ to operate at high speeds while maintaining low-speed handling qualities. This critical capability provides soldiers with increased maneuverability and survivability in high-threat air defense environments, allowing them to penetrate enemy defenses while reducing exposure to enemy fire.

“DEFIANT X is purpose-built for a modernized Army that requires expanded reach, survivability and lethality,” said Steve Parker, vice president and general manager of Boeing Vertical Lift. “This weapon system will give soldiers unequaled technological advantage and connectivity over adversaries in a multi-domain battle space.”

DEFIANT X will revolutionize the Army’s air assault capability with limited changes in tactics, techniques, procedures, training and infrastructure while maintaining the Black Hawk helicopter footprint and tight formation capability flown today.

The Army is expected to release a request for proposal on FLRAA later this year, with a contract award expected in 2022.

Lockheed Martin Inks $4.4B Deal to Acquire Aerojet Rocketdyne

From Reuters News – Reporting by Mike Stone in Washington, D.C., Editing by Greg Roumeliotis

Dec 20 (Reuters) – Lockheed Martin Corp (NYSE: LMT) said on Sunday that it has agreed acquire U.S. rocket engine manufacturer Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) for $4.4 billion, including debt and net cash.

The deal is Lockheed’s biggest acquisition since Jim Taiclet took over as chief executive in June. He is seeking to beef up the company’s propulsion capabilities amid competition from new entrants such as SpaceX and Blue Origin, for space contracts with the U.S. government.

“Acquiring Aerojet Rocketdyne will preserve and strengthen an essential component of the domestic defense industrial base and reduce costs for our customers and the American taxpayer,” Taiclet said in a statement.

Lockheed said it will pay $56 per share for Aerojet Rocketdyne, a 33 percent premium to Friday’s closing price. The purchase price will be reduced to $51 per share after the payment of a pre-closing special dividend, Lockheed added.

The Bethesda, Maryland-based company already uses Aerojet Rocketdyne’s propulsion systems in its aeronautics, missiles and fire control offerings.

Lockheed said the transaction, which is set to be scrutinized by regulators given the company’s leading position in the defense sector, is expected to close in the second half of 2021.

A crowd that included Air Force leadership, congressional representatives and senators, executives and plant personnel from the Lockheed Martin Aeronautics Corporation attended a ceremony dedicating the delivery of the final F-22 Raptor in Marietta, Ga., May 2. (U.S. Air Force photo/Don Peek)

JetBlue Arrives in Guyana With First Flights to Newest Destination

JetBlue (NASDAQ: JBLU) today announced it has launched service between New York John F. Kennedy International Airport (JFK) and Georgetown, Guyana’s Cheddi Jagan International Airport (GEO), with the first roundtrip flight arriving back in New York this morning. The new service launches with four times weekly service on JetBlue’s Airbus A321neo aircraft.

“JetBlue’s arrival in Guyana introduces our low fares and award-winning service to another new market in the Caribbean and Latin America where customers have long faced high prices and little competition,” said Andrea Lusso, vice president network planning, JetBlue. “We remain committed to this important region of our network and continue to connect more travelers with the people and places they want to see.”

JetBlue’s newest route connects New York’s Guyanese American community – the largest in the U.S. – with the capital city, making the connections between friends and family easier and closer than ever. Guyana becomes the fourth country in South America JetBlue serves and grows the airline’s presence in the broader Caribbean and Latin American region to nearly 40 destinations.

“We are pleased to welcome JetBlue to our beautiful country, Guyana,” said Minister of Public Works, Bishop Juan Edghill. “We are confident that their entry into the local market will help to advance the aviation sector, especially at a time when the sector is looking to rebuild, in the midst of this global pandemic. This latest investment by JetBlue – even in the current environment – also speaks to the level of confidence the airlines has placed on our country as a lucrative destination of choice.”

JetBlue’s A321neo aircraft feature the Collins Meridian seat – which is the widest seat available for the single aisle Airbus family of aircraft – with enhanced cushion comfort, adjustable headrests, power connections at every seat and the most legroom in coach. Inflight entertainment is powered by Thales AVANT and ViaSat-2 connectivity. With this system – featuring 10.1 inch, 1080P high definition screens, more than 100 channels of live television with DVR-like pause and rewind functionality, picture-in-picture function and more – JetBlue offers customers expanded entertainment choices in nearly every region the airline flies.

For international travel, please check the latest entry requirements for your destination before your trip. You can get more information about travel restrictions by country on the U.S. Department of State website or through the International Air Transport Association (IATA).

Boeing Wins Contract for Two More KC-46 Tankers for Japan

The U.S. Air Force has exercised the option for the Japan Air Self-Defense Force’s (JASDF) third and fourth Boeing [NYSE: BA] KC-46 tanker through the Foreign Military Sale (FMS) process.

 “Japan’s new tankers will play an invaluable role in the security alliance between our two countries,” said Col. Jason Lindsey, U.S. Air Force KC-46 System program manager.

Boeing’s KC-46 will be a force multiplier in the U.S.-Japanese defense alliance. It can refuel U.S., allied and coalition military aircraft compatible with international aerial refueling procedures, any time, on any mission, and can carry passengers, cargo and patients whenever and wherever needed.

“This order further enhances our enduring partnership with Japan,” said Will Shaffer, president of Boeing Japan. “The KC-46 will be an unparalleled asset to Japan’s air mobility fleet for decades to come.”

Boeing was awarded the initial FMS contract for Japan’s first KC-46 aircraft and logistics services in December 2017 following the Japan Ministry of Defense’s KC-X aerial refueling competition. A contract for a second KC-46 was awarded to Boeing in December 2018.

Boeing assembles KC-46A aircraft for both the U.S. Air Force and the JASDF on its 767 production line in Everett. Japan’s first KC-46 is scheduled for delivery in 2021.

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