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Saab Receives Norwegian Order for Carl-Gustaf M4

The Norwegian Armed Forces has signed a framework agreement with Saab for the Carl-Gustaf M4. Saab has received an initial order for Carl-Gustaf M4 weapons with deliveries in 2021.

The recently signed framework agreement allows the Norwegian customer to place orders for Carl-Gustaf M4, associated equipment and training systems during a 7-year period.  

The Norwegian Armed Forces has been a user of the Carl-Gustaf M2 system since early 1970’s. Today the M2 and the M3 versions are used within the Norwegian Armed Forces. 

 “We welcome the latest user to the Carl-Gustaf M4. It’s a great success to continue to support the Norwegian Armed Forces, this time with our future ready Carl-Gustaf M4”, says Görgen Johansson, head of Saab’s business area Dynamics.

Carl-Gustaf M4 is the latest version of the portable, shoulder-launched, multi-role weapon system. It gives users a wide range of engagement options and allows troops to remain agile and effective in any scenario. It builds on the system’s formidable capabilities, offering a higher degree of accuracy, lighter construction and compatibility with future innovations. The M4 is also compatible with intelligent sighting systems and future technology developments, such as programmable ammunition. Since the launch in 2014, Saab has signed contracts with fourteen different nations for Carl-Gustaf M4.

CDB Financial Scraps Purchase of 29 Boeing 737 MAX Jets

SYDNEY (Reuters) – China Development Bank (CDB) Financial Leasing Co said on Monday it had agreed with Boeing Co <BA.N> to cancel the purchase of 29 undelivered 737 MAX jets, adding to a string of recent cancellations of the grounded airplane.

The model has been grounded globally for more than a year following deadly crashes in Indonesia and Ethiopia.

“In light of evolving aviation market dynamics, we’ve been working together with Boeing over many months to re-calibrate our MAX orderbook to be in line with our long-term view of the market and related opportunities,” Xuedong Wang, chairman of CDB Financial unit CDB Aviation, said in a statement.

The lessor said it retained an order for another 70 of the planes that also have yet to be delivered.

Boeing recorded a total of 150 MAX cancellations in March, including 75 from Irish leasing company Avolon. Boeing remains in talks with regulators seeking approval to return the plane to service, but its customers have also seen a sharp fall-off in demand due to the coronavirus pandemic.

Boeing said in a statement it continued to partner with leasing company customers to help them balance their portfolios in a challenging market.

“As we work to return the 737 MAX to service, our focus remains on addressing our customers’ fleet needs while optimising the delivery of the more than 4,000 airplanes in our 737 backlog,” it said.

“As market conditions normalise, Boeing anticipates that lessors who have restructured or reduced their orderbooks will continue to add MAX aircraft to their portfolios through sale leaseback agreements with airlines,” the planemaker said. “Longer term we expect these lessors will again place orders for direct MAX purchases.”

CDB Financial Leasing said that all 737 MAX 10 jets still on order will be switched to the smaller 737 MAX 8 model, and 20 deliveries will be deferred to dates in 2024, 2025 and 2026.

(Reporting by Jamie Freed; additional reporting by David Shepardson in Washington Editing by Tom Hogue and Muralikumar Anantharaman)

A Boeing 737 Max aircraft is seen parked in a storage area at the company’s production facility in Renton

Some Exhibitors Drop Out of Singapore Airshow Due to Coronavirus

  • Textron, Gulfstream no longer attending
  • Organisers expect reduction in exhibitors, visitors
  • South Korea’s air force reviewing participation

By Jamie Freed and Allison Lampert

SYDNEY/MONTREAL, Feb 3 (Reuters) – Some aerospace companies including business jet manufacturers Textron Inc and General Dynamics Corp’s Gulfstream division said they no longer planned to attend the Singapore Airshow due to the new coronavirus epidemic.

The trade portion of Asia’s biggest airshow, held every two years, is set to begin on Feb. 11 under the shadow of the fast-spreading virus that has prompted Singapore to deny entry to any non-resident with a recent history of travel to China, where the virus originated.

The death toll from the coronavirus has risen to 361 in China, bringing the number of confirmed infections to 17,205 in the country. The flu-like virus, which can be transmitted from person to person, has spread to more than two dozen other nations and regions.

Experia Events, the organiser of the Singapore Airshow, said last week the show would continue as planned, but the government measures meant it would “undoubtedly see a reduction in terms of the number of expected exhibitors and visitors this year”.

The organiser said there would be doctors and medics on standby to attend to visitors who were feeling unwell.

In 2018, there were 54,000 trade attendees from 147 countries and 1,062 participating companies who come to network, examine products and sign deals covering commercial aviation, defence, maintenance and repair operations and business jets.

Typically, it is not a major show for commercial plane orders but talks during the show can set the stage for deals that are completed later in the year.

Boeing, Airbus and Lockheed Martin Corp , among the biggest exhibitors, said they still planned to attend the show.

Textron and Gulfstream said their decision to not attend was a precautionary measure to protect the health of employees.

Russian aerospace group Rostec plans to send a reduced delegation to the show, Russian media reported. Rostec did not respond immediately to a request for comment.

A spokesman for South Korea’s Air Force said on Monday it was reviewing whether to participate in the Singapore Airshow, but it had not made a final decision.

The deputy administrator of the Civil Aviation Administration of China, Li Jian, is no longer listed as a speaker at a pre-show leadership conference on Feb. 10.

Commercial Aircraft Corp of China (COMAC), which is developing the C919 narrowbody jet, had been due to attend the show before the travel ban was announced.

COMAC did not respond immediately to a request for comment.

(Reporting by Jamie Freed in Sydney and Allison Lampert in Montreal; additional reporting by Anshuman Daga in Singapore, Joyce Lee in Seoul and Brenda Goh in Shanghai; Editing by Himani Sarkar)

General Dynamics Begins Gulfstream G500 Deliveries to Europe

Record-Breaking Fleet Grows Around the World

RESTON, Va., Nov. 25, 2019 /PRNewswire/ — General Dynamics (NYSE: GD) announced today that the Gulfstream G500 has been delivered to its first European customer. An undisclosed Western-Europe-based charter operator took delivery of the aircraft at Gulfstream Aerospace headquarters in Savannah, Georgia.

The G500 earned certification from the European Union Aviation Safety Agency on Oct. 11 and is in service in North America, Brazil, the Middle East and Europe.

“We are excited about making G500 deliveries to Europe,” said Mark Burns, president, Gulfstream. “Since the introduction of the jet in 2014, customers around the world remain impressed and enthusiastic about the innovative cabin, next-generation technology, including the award-winning Symmetry Flight Deck, and high performance, speed and range capability of the aircraft. As the G500 fleet continues to grow in Europe, and around the world, its advanced technology raises the bar for business aviation.”

The G500 can travel 4,400 nautical miles/8,149 kilometers at Mach 0.90 and 5,200 nm/9,630 km at Mach 0.85. Its Symmetry Flight Deck features the first electronically linked active control sidesticks in civil aviation, the most extensive use of touchscreen technology in business aviation and a data concentration network, all of which streamline operations and reduce pilot workload.

Passengers also benefit from technology in the cabin. Along with award-winning, bespoke interior design, the G500 offers the Gulfstream cabin experience of 100 percent fresh air, 14 Gulfstream panoramic windows, a low cabin altitude and whisper-quiet sound levels.

China Out in Force at Frankfurt Car Show

FILE PHOTO: Supercar Hongqi S9 is unveiled next to FAW Group Chairman Xu Liuping at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. September 10, 2019. REUTERS/Wolfgang Rattay/File Photo

FRANKFURT (Reuters) – Chinese suppliers and manufacturers have stepped up their presence at the Frankfurt auto show, capitalizing on a strong position in electric technologies forced on European carmakers by regulators seeking to curb pollution.

Though the number of exhibitors has fallen to 800 in 2019 from 994 in 2017, Chinese automakers and suppliers now make up the biggest foreign contingent, with 79 companies, up from 73.

Several European and Japanese carmakers including Fiat , Alfa Romeo, Nissan and Toyota have skipped the show as the industry cuts costs.

Europe’s automakers face multibillion-euro investments to develop electric and autonomous cars, forcing them to rely on Chinese companies for key technologies such as lithium ion battery cell production, an area where Asian suppliers dominate.

German firms are striking major deals with Chinese suppliers to help them meet stringent EU anti-pollution rules, which were introduced in the wake of Volkswagen’s 2015 emissions cheating scandal.

“All carmakers face the challenge that they will have to fulfill fleet consumption targets,” Matthias Zentgraf, regional president for Europe at China’s Contemporary Amperex Technology, told Reuters.

Zentgraf said he expected further supply deals to be struck in Europe this year following agreements with BMW and Volkswagen.

Daimler on Wednesday said it had chosen China-backed Farasis Energy to supply battery cells for its Mercedes-Benz electrification push.

Farasis is building a 600 million euro ($663 million) factory in east Germany, close to where Chinese rival CATL is erecting a 1.8 billion euro battery plant.

SVOLT Energy Technology, which was carved out of China’s Great Wall Motor Co, told Reuters it would start building battery cells in Europe at a new 2 billion euro plant in 2023.

TIPPING POINT

Chinese companies are also giving Europe more attention since the United States and China embarked on a global trade war, which has resulted in tariffs.

“We put Europe up in priority,” said Daniel Kirchert, chief executive of Chinese electric car maker Byton.

“We are at a tipping point” for acceptance of electric vehicles in Europe, Kirchert, a former BMW executive, added.

Byton has taken its prototype vehicles on road shows in Europe, and received expressions of interest from 20,000 customers, he said. In electric vehicle hot spots, such as Norway and the Netherlands, “we see a very positive response.”

Byton plans to export vehicles from its factory in Nanjing, to Europe in 2021, Kirchert said, adding that exporting to the United States would be a challenge if Washington and Beijing did not resolve their trade war.

He said Byton still hoped to launch in the United States in 2021, but tariffs would threaten the company’s goal of selling vehicles at a starting price of about $45,000.

“We decided no matter what” Byton will launch in the United States, even at a higher price, he said.

China’s Great Wall Motor may consider building car manufacturing facilities in the European Union once its sales there hit 50,000 units a year, its chairman told Reuters at the show.

German carmakers have been forced to accelerate electrification plans after the EU imposed a 37.5% cut in carbon dioxide emissions between 2021 and 2030 in addition to a 40% cut in emissions between 2007 and 2021.

PSA Group Chief Executive Carlos Tavares used the show to step up criticism of Europe’s aggressive approach toward emissions limits.

“The word dialogue has become meaningless in Europe,” he said, referring to the requirements placed on the auto industry.

“Politicians can decide rules without any discussion with industry,” he told journalists on the sidelines of the show.

Electric cars made up only 1.5% of global sales last year, or 1.26 million of the 86 million passenger vehicles sold, JATO Dynamics said.

If carmakers fail to meet the 2021 targets they could face a combined 33 billion euros in fines, analysts at Evercore ISI have estimated.

They also estimate it will cost the auto industry an aggregate 15.3 billion euros to comply, assuming a 60 euro cost per gram to reduce CO2 emissions for premium carmakers and 40 euros per gram of CO2 reduction for volume manufacturers.

(Writing by Edward Taylor; Editing by Mark Potter)

A woman cleans the prototype of a Chinese car at the IAA Auto Show in Frankfurt, Germany, Monday, Sept. 9, 2019. The IAA officially starts with media days on Tuesday and Wednesday. (AP Photo/Michael Probst)

Gulfstream Aerospace Expands Wisconsin Service Center

Gulfstream’s expanded facility in Appleton, Wisconsin. The $40 million, 190,000 square-foot building can accommodate 12 Gulfstream G650ER aircraft and employs more than 100 people. (Gulfstream photo)

SAVANNAH, Ga., Aug. 23, 2019 /PRNewswire/ — Gulfstream Aerospace Corp. today announced it has officially expanded its maintenance, repair and overhaul (MRO) operations at Wisconsin’s Appleton International Airport with the opening of a newly built aircraft maintenance facility. The facility has been operational since Aug. 10.

The nearly 190,000 square-foot/17,652-square-meter building, northeast of the airport terminal, was constructed with an investment of approximately $40 million. The expansion to the Appleton service center includes 101,853 sq ft/9,462 sq m of hangar space, which will accommodate 12 Gulfstream G650ER or G650 aircraft. In addition to offices, back shops and general support space, the expansion adds a new sales and design center and increased customer access to Gulfstream’s design portfolio. The project, announced in February 2018, has resulted in nearly 100 new jobs at Gulfstream Appleton, with the potential for more in the next few years.

“This is a very exciting day for Appleton and the entire Fox Valley,” said Derek Zimmerman, president, Gulfstream Customer Support. “This beautiful facility represents the most significant expansion we’ve had in the 20 years we’ve been here. It is a tremendous asset to our site and the community. It will help us enhance the reliability of our growing fleet, support more customers and elevate their experience, continue to maintain a high level of safety and provide a world-class workplace for our employees.

“We are thankful to General Dynamics, the Wisconsin Economic Development Corporation, the Fox Cities Chamber of Commerce Regional Partnership, the Outagamie County Executive, the Outagamie County Board of Supervisors and the town of Greenville Board for their essential support.”

Gulfstream announced the maintenance facility opening before an audience of employees and state and local dignitaries, including Wisconsin Gov. Tony Evers. The company will open four other expanded or new service centers in 2019 and 2020: Savannah, Georgia; Van Nuys, California; Palm Beach, Florida; and Farnborough, England.

Gulfstream Appleton is home to a service center and a large-cabin completions facility spread over approximately 500,000 sq ft/46,452 sq m. It offers customers a broad range of services, including major inspections, structural modifications, major avionics installations and safety upgrades. Its MRO operation is certified by the U.S. Federal Aviation Administration, European Aviation Safety Agency, Civil Aviation Administration of China and seven other civil aviation authorities worldwide. In 2018, Appleton had nearly 500 aircraft visits.

Gulfstream Appleton’s new facility has several sustainable features, including sensitive land protection, rainwater management system, enhanced control systems for heating and cooling, optimized energy performance and electric vehicle charging stations. It is expected to receive U.S. Green Building Council Leadership in Energy and Environmental Design certification.

Saab Signs Contract to provide Belgium with a Combat Training Centre

Saab has signed a supply contract with the Belgian MoD for the deliveries of training systems to the Belgian Army. The order value is approximately SEK 160 million and deliveries will take place in 2021.

The contract includes providing a complete training centre with infantry simulators, anti-tank simulators, vehicle systems and communication systems for controlling, monitoring and collecting training data to enable detailed analysis of exercises. The support contract will be negotiated separately later on.

One of the requirements was interoperability with NATO, and with Saab’s training system Belgium will be capable of participating in multinational exercises.

“This means Belgium will share the same standards as members in the Interoperability User Community (IUC). They can therefore take part in multinational exercises together with, among others, the Netherlands, Poland, Germany, Austria, Sweden, Norway, Finland, the UK and the US 7thArmy,” says Åsa Thegström, head of the business unit Training & Simulation within Saab’s business area Dynamics.

 “The Belgian Army has used our training systems for the last four years and have clearly seen the benefits of realistic training. This order strengthens our position as one of the world’s leading suppliers of solutions for combat training,” says Henrik Vassallo, head of the country unit France & Benelux within Saab’s market area Europe.

The business unit Training & Simulation develops, manufactures and markets advanced military training equipment, such as laser simulator systems, instrumented training systems and target equipment. It also provides service and maintenance for delivered systems.

Qatar Agrees to Buy U.S. Aircraft, Engines, Defense Equipment

(Bloomberg) — Qatar has made agreements with U.S. companies to spend billions on airplanes and jet engines and to develop a petrochemical complex, the White House said on Tuesday.

At least some of the deals were previously made but were publicly touted by the Trump administration Tuesday. Among them: Qatar Airways purchasing Boeing Co. 777 freighters and large-cabin aircraft from Gulfstream Aerospace, the private jet unit of General Dynamics Corp.

“They’re investing very heavily in our country,” Trump told reporters at the White House. “They’re creating a lot of jobs. They’re buying tremendous amounts of military equipment including planes.

Qatar’s defense ministry committed to acquire Raytheon Co.’s NASM and Patriot Systems, according to the White House. In addition, a unit of Chevron Corp. entered into an agreement with Qatar Petroleum for the development, construction and operation of a petrochemicals complex in Qatar.

The agreements, whose total cost wasn’t disclosed by the White House, were announced during a visit to the White House by the emir of Qatar, Sheikh Tamim Bin Hamad Al Thani.

The deals come amid a two-year economic blockade of Qatar led by U.S. ally Saudi Arabia and supported by nations including Egypt and the United Arab Emirates. Trump initially appeared to support the Saudi move — echoing its assertions that Qatar supported terrorists — even though it put the U.S. in an awkward position because it has a major military base in Qatar.

But Qatar has looked to improve relations in the U.S., with the emir saying the country was committed to doubling the economic partnership between the two countries. Mansoor bin Ebrahim Al Mahmoud, who leads the Qatar Investment Authority, said earlier this year that the country’s sovereign wealth fund will look to increase its U.S. investment portfolio from around $30 billion to about $45 billion over the next two years.

The country has also made significant gestures toward increasing its spending on U.S. defense contractors, with the U.S. approving a large weapons systems purchase ahead of Sheikh Tamim’s last visit to the country. In 2017, the country signed a deal to spend $12 billion for the purchase of 36 F-15QA fighter jets.

And the U.S. has announced plans to expand and renovate the al-Udeid Air Base near Doha, which houses the forward headquarters of the U.S. military’s Central Command and some 10,000 American troops. During a dinner with the leaders on Monday, Trump thanked Sheikh Tamim for Qatar’s $1.8 billion investment in the project which will be used to construct housing and entertainment facilities.

Several companies have released specifics of some of the agreements that were formalized on Tuesday.

Gulfstream said its deal is for $1 billion in corporate jets that General Dynamics announced in January without giving the customer’s name. Boeing said last month it made a deal to sell five 777 freighters at a list price of $1.8 billion.

Qatar Airways plans to use General Electric Co. jet engines for Boeing 787 and 777 aircraft, according to the White House.

A Chevron statement Tuesday said the company was signing a new agreement at the White House for a previously unannounced $8 billion U.S. Gulf Coast project. The White House statement mentions only a prior deal, announced last month, in which the company would join forces with Qatar Petroleum to build a facility in Qatar.

(Story by Justin Sink and Thomas Black, Edited by Alex Wayne, Justin Blum, and Larry Liebert)

Gulfstream To Showcase Aircraft At Aviation Africa 2019

SAVANNAH, Ga., Feb. 20, 2019 /PRNewswire/ — Gulfstream Aerospace Corp. today announced it will showcase the clean-sheet, record-breaking Gulfstream G500 along with the class-leading, super-midsize Gulfstream G280 at the 2019 Aviation Africa Summit & Exhibition from Feb. 27-28 in Kigali, Rwanda. Gulfstream’s exhibition will be at the Radisson Blu Hotel & Convention Centre, and the aircraft will be on static display at Kigali International Airport.

“Gulfstream is committed to customers in sub-Saharan Africa and growing business aviation in the region,” said Mark Burns, president, Gulfstream. “Rwanda has made great investments in business aviation, and we are proud to support those efforts with our presence and static display in Kigali. Whether flying from country to country or intercontinentally, the G500 and G280 offer operators ideal options for this region.”

The award-winning G500 can fly 5,200 nautical miles/9,630 kilometers at its long-range cruise speed of Mach 0.85 and can easily connect Kigali to London at Mach 0.90 or Kigali to Singapore at Mach 0.87. When it entered service in September 2018, the G500 had already achieved 22 city-pair records around the world and currently holds a total of 32 city-pair records. The G500 that will be on display at Aviation Africa is in service with Qatar Airways’ Qatar Executive fleet.

The high-performing and agile G280 can fly 3,600 nm/6,667 km at Mach 0.80, and can travel nonstop from Kigali to Dubai, United Arab Emirates, at Mach 0.84 or Kigali to Bangalore, India, at Mach 0.80. The aircraft can easily access smaller airports, reach high altitudes quickly and offers excellent takeoff and landing performance.  

NOTE TO EDITORS

Gulfstream Aerospace Corporation, a wholly owned subsidiary of General Dynamics (GD), designs, develops, manufactures, markets, services and supports the world’s most technologically advanced business-jet aircraft. Gulfstream has produced more than 2,800 aircraft for customers around the world since 1958. To meet the diverse transportation needs of the future, Gulfstream offers a comprehensive fleet of aircraft, comprising the Gulfstream G280, the Gulfstream G550, the Gulfstream G500, the Gulfstream G600, the Gulfstream G650and the Gulfstream G650ER. We invite you to visit our website for more information and photos at www.gulfstreamnews.com.

More information about General Dynamics is available at www.generaldynamics.com.