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U.S. and Switzerland sign agreement for PAC-3 MSE missiles

Bern, Switzerland, Oct. 31, 2023 – United States and Switzerland officials formalized an agreement for Switzerland to purchase Lockheed Martin’s (NYSE: LMT) Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missiles and related support equipment. With this agreement, Switzerland becomes PAC-3’s 15th partner nation.

PAC-3 MSE will bolster Switzerland’s Patriot ground-based air defense system as a part of the Switzerland Air Force’s Air2030 program.

Lockheed Martin and armasuisse also finalized the Offset Agreement supporting the PAC-3 MSE program. This agreement is the catalyst for multiple new projects that will support Switzerland’s  security-relevant technology and industry base (STIB).

The PAC-3 MSE expands the battlespace with a dual-pulse solid rocket motor, providing increased performance in altitude and range. PAC-3 MSE is a high-velocity interceptor that defends against incoming threats, including tactical ballistic missiles, cruise missiles, advanced threats and aircraft. The PAC-3 MSE missile uses Hit-to-Kill technology, intercepting threats through kinetic energy via body-to-body contact.

Forward-Looking Statements

This press release 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.

 

 

 

 

Airbus renews transatlantic fleet with lower emission ships

Toulouse, France, October 25, 2023 – Airbus Group SE (Paris: AIR) will renew the entire fleet of chartered vessels that transport aircraft subassemblies between production facilities in Europe and the United States with three modern, low-emission roll-on/roll-off vessels, supported by wind-assisted propulsion.

Airbus has commissioned shipowner Louis Dreyfus Armateurs to build, own and operate these new, highly efficient vessels that will enter into service from 2026. The new vessels will be powered by a combination of six Flettner rotors – large, rotating cylinders that generate lift thanks to the wind, propelling the ship forward – and two dual-fuel engines running on maritime diesel oil and e-methanol. Additionally, routing software will optimise the vessels’ journey across the Atlantic, maximising wind propulsion and avoiding drag caused by adverse ocean conditions.

The new fleet is expected to reduce average annual transatlantic CO2 emissions from 68,000 to 33,000 tonnes by 2030. This will contribute to Airbus’ commitment to reduce its overall industrial emissions by up to 63% by the end of the decade – compared to 2015 as baseline year.

 

 

Embraer re-imagines excellence with the all-new Phenom 100EX

· The Phenom 100EX will debut at the 2023 NBAA Business Aviation Convention & Exhibition (NBAA-BACE) from October 17 to 19 in Las Vegas, Nevada

· New features include enhanced cabin comfort and new pilot-centric avionics features to deliver the ultimate flying experience for those in the cockpit and cabin

Melbourne, Florida, October 9, 2023 – Embraer SA ADR (NYSE: ERJ) today unveiled the Phenom 100EX business jet, the company’s latest evolution from the Phenom 100 series, which has served its loyal customers since 2008 with over 400 aircraft in operation. Adopted and trusted by owner-pilots, private companies, and flight academies, such as RAF, Emirates, Etihad, and the Finnish Aviation Academy, the Phenom 100 series is the most trusted entry-level platform in the industry. Now, the new Phenom 100EX delivers superior cabin comfort, operational versatility and safety enhanced pilot-centric avionics to offer the ultimate flying experience.

The Phenom 100EX is the result of continuous improvements over the years based on customer feedback. The aircraft incorporates Embraer’s Design DNA, which influenced the combining of cabin controls into sleek upper tech panels, as well as the seat design, increased use of more sustainable materials and flush-to-the-wall tables that maximizes workspace. The aircraft also includes interior enhancements, such as a baseline side-facing fifth seat and belted lavatory for additional passenger capacity. These detailed attributes throughout the cabin speak to the company’s commitment to delivering enhanced comfort, unparalleled in-flight experiences and even more productivity capabilities, while increasing the ease of maintainability. These new interior features complement the product’s best-in-class OvalLite™ cross-section, which provides further head- and legroom, as well as the most complete airstair and roomiest baggage compartment.

Leading the way in avionics and safety innovation, the Phenom 100EX is the first in its class to feature a Runway Overrun Awareness and Alerting System (ROAAS), which acts during one of the most critical moments of flight to build a clear picture of the anticipated landing conditions.

The cockpit is equally considerate with further pilot legroom provided by extended seat tracking and an open-concept cockpit for easier communication within the cabin. In addition to the reimagined cabin, the aircraft boasts enhanced pilot-centric avionics as part of the Prodigy Touch, based on the renowned Garmin 3000.

Other avionics improvements include FlightStream 510, automatic 3D volumetric scanning with lightning and hail prediction, stabilized approach, predictive windshear, and more.

Benefiting from the family’s reputation for high utilization and low maintenance costs, the entry-level jet is also one of the greenest dual-engine jets on the market, culminating in a versatile aircraft built to offer the highest level of operational flexibility. The Phenom 100EX is triple-certified by ANAC, FAA and EASA and is currently sold out in 2024 with the next available date for delivery in 2025.

 

 

Germany First Lady Elke Budenbender Christens Berlin Express

Hapag-Lloyd AG (Frankfurt: HLAG) has officially welcomed into its fleet the “Berlin Express”, the first ship of its new Hamburg Express class. At an event attended by some 300 guests from business and politics, naming patron Elke Büdenbender performed the ceremonial christening of the ship at the Container Terminal Burchardkai (Athabaskakai) in the Port of Hamburg. Among the guests were Peter Tschentscher, the First Mayor of Hamburg, and Daniel Günther, the Minister President of Schleswig-Holstein.

The Hamburg Express class will mark the beginning of a new era for Hapag-Lloyd and its fleet. In total, a dozen state-of-the-art large container ships will be put into service by 2025. Together, these vessels will make an important contribution to Hapag-Lloyd’s efforts to operate its entire fleet in a climate-neutral manner by 2045. Thanks to their cutting-edge dual-fuel technology, they will also be able to operate using non-fossil fuels, such as bio-methane and e-methane, and thereby generate hardly any CO2 emissions.

For the time being, liquefied natural gas (LNG) will be used, which will reduce CO2 emissions by up to 25 percent and soot emissions by 95 percent. In addition, advanced components – such as an optimised hull and a highly efficient propeller – will help the vessels to reduce fuel consumption and thereby greenhouse gas emissions.

The “Berlin Express” was built at the Hanwha Ocean shipyard in South Korea. With a length of almost 400 metres and a capacity of 23,600 TEU, it is the largest cargo ship ever to sail under German flag. The container ships in the Hamburg Express class will exclusively operate on the cargo-intensive Far East route between Asia and Europe. The “Berlin Express” will operate regularly on the FE3 service, which sails between Ningbo and Hamburg, via Xiamen, Kaohsiung, Yantian, Hong Kong, Singapore and Rotterdam.

 

 

 

All New Gulfstream G800 Makes First Flight

SAVANNAH, Ga., June 28, 2022 — Gulfstream Aerospace Corp. today announced the all-new ultralong-range Gulfstream G800 successfully completed its first flight, officially launching the flight-test program of the industry’s longest-range aircraft. Announced in October 2021, the G800 is the latest addition to Gulfstream’s next-generation fleet to take flight and make progress toward customer deliveries.

The G800 departed Savannah/Hilton Head International Airport at 9:00 a.m. and landed there two hours later. In keeping with Gulfstream’s commitment to sustainability leadership in aviation, the aircraft made the flight using a blend of sustainable aviation fuel.

The G800 can fly 8,000 nautical miles/14,816 kilometers at Mach 0.85 and 7,000 nm/12,964 km at Mach 0.90 with class-leading fuel-efficiency, thanks to the combination of the Gulfstream-designed, advanced high-speed wing and all-new, high-thrust Rolls-Royce Pearl 700 engines.

The G800 is equipped with Gulfstream’s next-generation Symmetry Flight Deck and dual head-up displays featuring the new Combined Vision System, which includes Enhanced Flight Vision System and Synthetic Vision System imagery, further enhancing safety and pilot situational awareness.

All New Gulfstream G800 Makes First Flight

Sky High Aviation Receives First of Two Embraer E190 Jets

São José dos Campos, Brazil, June 1, 2022 – Sky High Aviation, an airline based in the Dominican Republic, has taken delivery of its first Embraer (NYSE: ERJ) E190 passenger jet. This makes the air carrier the only E-Jet operator based in the Caribbean. The first of two E190s being provided by regional aircraft lessor, TrueNoord, arrived last week at Las Americas José Francisco Peña Gómez airport after transition works were completed at Embraer’s MRO facility in Macon, Georgia, USA. The second E190 is to be delivered to Sky High later this month.

The addition of the E190s will bring a new level of comfort for passengers and open new international routes from the region. Sky High currently operates a fleet of two 50 seater Embraer ERJ 145s flying to 10 island destinations in the Caribbean. The E190s have been configured in a comfortable dual-class layout with 98 seats and will serve Sky High’s existing destinations as well as opening new international routes to the United States, Central and South America.

Juan Chamizo Alonso, President of Sky High Aviation, said, “It’s a huge differentiator for us to be the only operator in the region with E-Jet capability, and a great way to celebrate our first 10 years of operations. The addition of the larger, more modern and capable E190 is the next step in our development and our offering to our customers. The E190 is the perfect aircraft to help manage demand in peak times, as well as to open and maintain the international routes essential for our continued development as a leading Caribbean operator.”

Embraer Presents Energia Family, Four New Aircraft Concepts Using Renewable Energy

Embraer (NYSE: ERJ) has announced a family of concept aircraft that it is exploring to help the industry achieve its goal of net zero carbon emissions by 2050. The details of the Energia family, the latest in the company’s Sustainability in Action initiative, were broadcast live via YouTube from Embraer’s manufacturing facility in São José dos Campos.

The company has partnered with an international consortium of engineering universities, aeronautical research institutes, and small and medium-sized enterprises to better understand energy harvesting, storage, thermal management and their applications for sustainable aircraft propulsionThe Energia Family is comprised of four concept aircraft of varying sizes that incorporate different propulsion technologies – electric, hydrogen fuel cell, dual fuel gas turbine, and hybrid-electric.

  • Energia Hybrid (E9-HE) – hybrid-electric propulsion • up to 90% CO2 emissions reduction • 9 seats • rear-mounted engines • technology readiness –2030
  • Energia Electric (E9-FE) – full electric propulsion • zero CO2 emissions • 9 seats • aft contra-rotating propeller • technology readiness – 2035
  • Energia H2 Fuel Cell (E19-H2FC) – hydrogen electric propulsion • zero CO2 emissions • 19 seats • rear-mounted electric engines • technology readiness – 2035
  • Energia H2 Gas Turbine (E50-H2GT) • hydrogen or SAF/JetA urbine propulsion • up to 100% CO2 emissions reduction • 35 to 50 seats • rear-mounted engines • technology readiness – 2040

Although the Energia airplanes are still on the drawing board, Embraer has already made advances in reducing emissions from its aircraft. It has tested drop-in sustainable aviation fuel (SAF), mixes of sugarcane and camelina plant-derived fuel and fossil fuel, on its family of E-Jets. The company is targeting to have all Embraer aircraft SAF-compatible by 2030. Last August, Embraer flew its Electric Demonstrator, a single-engine EMB-203 Ipanema, 100% powered by electricity. A hydrogen fuel cell demonstrator is planned for 2025 and the company’s eVTOL, a fully electric, zero-emissions vertical takeoff and landing vehicle, is being developed to enter service in 2026.

Watch the video presentation below!

Embraer Opens an Office in Hungary

Embraer announced today the opening of an office in Budapest, the capital of Hungary. The main objective is to foster cooperation in Hungary, which could result in future developments under new partnerships. The office also creates an administrative hub for projects development in Central and Eastern Europe.

This initiative is part of Embraer’s strategy to establish new partnerships in select markets. Some of the key aspects of this future cooperation are the collaborative efforts with new partners, long-term projects, and investment in reliable dual-use technology.

The office will employ Hungarian personnel, administrative and engineering staff that will work in close cooperation with Embraer’s teams in Brazil.

Air Peace Takes Delivery of First Embraer E195-E2 for African Continent

Air Peace, Nigeria and West Africa’s largest airline, took delivery of their first E195-E2 aircraft today. The aircraft is now due to fly from Embraer’s facility in São José dos Campos to join the Air Peace fleet in Nigeria.

Air Peace, Nigeria and West Africa’s largest airline, took delivery of their first E195-E2 aircraft today. The aircraft is now due to fly from Embraer’s facility in São José dos Campos to join the Air Peace fleet in Nigeria.

The jet delivered today is the first of 13 firm E195-E2 orders, with 17 remaining purchase rights, as announced in March 2019, and updated with three further firm orders from purchase rights announced at the Dubai Air Show in November 2019. The total value of the deal, with all purchase rights exercised is US $2.2 billion. The aircraft are configured in a comfortable dual class arrangement with 124 seats.

Air Peace already operates eight ERJ-145s, and will use the E195-E2s to enhance domestic and regional connectivity. The E2 is able to achieve this both affordably for passengers and profitably for the airline, along with delivering a superior travel experience. This enhanced network will also help feed and sustain long haul operations at the Lagos Hub, such as the UAE route launched in 2019 and South Africa launched in December 2020.

There are currently 206 Embraer aircraft operating in Africa with 56 airlines in 29 countries.

Congo Airways Orders Two More Embraer E195-E2 Aircraft

Just six months after their first E2 order, Congo Airways has placed a firm order for two E195-E2 jets. This is in addition to their existing two aircraft order for the smaller E190-E2. The four aircraft deal has a total value of USD 272 million at current list prices. This new firm order will be included in Embraer’s 2020 fourth quarter backlog.

Desire Bantu, CEO of Congo Airways said, “We see an opportunity in our market and the crisis we are all facing for Congo Airways to emerge stronger – which is why we are not waiting to place this further order. These new jets will allow us to extend our passenger and cargo operations regionally to high demand destinations such as Cape Town, Johannesburg, and Abidjan. As we prepare for future success, we will have the flexibility, and the right sized, most efficient aircraft, to serve our customers as the market returns.”

“Africa has for too long been thought of as a market of mostly low frequencies and long thin routes. As airlines start ramp up their operations, the E2 family of aircraft is perfectly positioned to right size routes previously operated by narrowbodies, while keeping frequencies and adjusting capacity to new levels,” said Cesar Pereira, vice president of Europe, Middle East and Africa, Embraer Commercial Aviation. “Congo Airways will benefit from the flexibility provided by the common cockpit on the E2 jet family meaning their flight crews can transition seamlessly between variants.”

The E195-E2 will be configured in a dual class 120 seat layout, 12 in business, 108 in economy. An additional 25% capacity when compared to the 96-seat configuration chosen by Congo Airways for their E190-E2s. The E2 deliveries are expected to begin in 2022 with Embraer and Congo Airways continuing to review the potential to anticipate the beginning of the deliveries. There are currently 206 Embraer aircraft operating in Africa with 56 airlines in 29 countries.

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