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Tag: Fortress

Air Force Awards Boeing 5-year Contract for Continued Aircraft Guidance and Navigation Repair

HEATH, Ohio, Feb. 8, 2021 — Boeing (NYSE: BA) will continue to provide the U.S. Air Force with guidance and navigation repair work on a variety of aircraft under a 5-year, $91 million sole-source contract.

The company has serviced components for aircraft including the B-2 Spirit, B-52 Stratofortress, E-3 Sentry and F-15 Eagle at the Boeing Guidance Repair Center in Heath, Ohio, since 1996.

The Boeing Guidance Repair Center is responsible for maintaining the readiness and modernization of guidance and navigation systems for U.S. nuclear-capable platforms, as well as non-nuclear capable guidance and control systems, electronics and radio frequency systems, and platform processors. In addition, the center is home to assembly, integration and test activities for several Boeing production programs, including the KC-46 tanker, T-7A Red Hawk and the MQ-25 unmanned aircraft system.

Canadian Pacific to Acquire Central Maine & Quebec Railway from Fortress Transportation and Infrastructure Investors LLC

CALGARY and NEW YORK, Nov. 20, 2019 /PRNewswire/ – Canadian Pacific (CP) and Fortress Transportation and Infrastructure Investors LLC (FTAI) announced they have entered into a definitive agreement whereby CP will acquire the Central Maine & Quebec Railway (“CMQ”).

CMQ owns 481 miles (774 kilometres) of rail lines primarily in Quebec and Maine. The end-to-end transaction will provide CP customers with seamless, safe and efficient access to ports at Searsport, Maine and to Saint John, New Brunswick, via Eastern Maine Railway Company (EMRY) and New Brunswick Southern Railway (NBSR), thereby preserving and enhancing competition.

“This strategic acquisition gives CP a true coast-to-coast network across Canada and an increased presence in the eastern U.S.,” said CP President and CEO Keith Creel. “With additional port access, more dots on the map, and our proven precision scheduled railroading operating model we are confident this transaction will bring benefits to all stakeholders moving forward.”

As part of the transaction, FTAI will retain ownership of Katahdin Railcar Services (KRS), a tank car cleaning and repair facility, and the contract to operate at a 12-mile branch line at FTAI’s Long Ridge Energy Terminal in Monroe County, Ohio. FTAI intends to continue to develop and grow both the KRS and Long Ridge branch line businesses. 

“We are excited about this transaction as it brings value to our shareholders, while ensuring that the CMQ continues to provide safe and reliable rail transportation options,” said Joe Adams, FTAI CEO.

CP invests in its people and its assets to ensure it can provide service safely and efficiently. CP has been the safest railway in North America for 13 consecutive years, as measured by train accident frequency and meets all regulatory requirements.

The transaction is currently expected to close at the end of 2019 and remains subject to customary closing conditions. Over the coming weeks, CP, FTAI and other stakeholders will move towards closing.

WWII B-17 Bomber Crash Lands in Connecticut, 7 Killed

(Reuters) – A World War Two-era B-17 bomber trying to make an emergency landing at an airport near Hartford, Connecticut, crashed and burned on Wednesday, killing seven people on board and closing the airport for several hours, authorities said.

The Boeing B-17 Flying Fortress took off from Bradley International Airport on Wednesday morning and the crew contacted the air traffic control tower five minutes later to report a problem, National Transportation Safety Board member Jennifer Homendy said at a news conference. 

During the crew’s attempt to land back at the airport, the plane struck stanchions near a runway and careened across a grassy area and a taxiway before striking a de-icing facility, said Homendy, whose agency sent a 10-member team to investigate the crash. 

Rescue crews from numerous emergency response agencies raced to the scene where a plume of thick, black smoke billowed skyward after the crash. 

Seven people died in the crash and six others, including a worker in the de-icing station, were treated for injuries ranging from minor to critical, James Rovella, commissioner of the Department of Emergency Services and Public Protection, told the news conference. 

A total of 13 people were on board the plane, including three crew members, Rovella said. 

The names of the seven people who died have not been released pending notification of all the victims’ families. All the victims were adults, Rovella said. 

ESCAPE HATCH 

Some people on the plane opened an escape hatch and helped others get out, he said. 

“During the course of the next coming days, you’re going to hear about some heroic efforts from some of the individuals that were in or around that plane,” he said. 

The airport, located in the town of Windsor Locks, was closed for about 3-1/2 hours after the crash. 

The plane was operated by the Massachusetts-based Collings Foundation, which is dedicated to the preservation and public display of automotive and aviation-related history. 

“The Collings Foundation flight team is fully cooperating with officials to determine the cause of the crash of the B-17 Flying Fortress and will comment further when details become known,” the foundation said in a statement.

The vintage plane was one of only 18 B-17 aircraft still operating in the United States. 

Reporting by Peter Szekely and Maria Caspani in New York, Alex Dobuzinskis in Los Angeles and David Shepardson in Washington; Editing by Jonathan Oatis and Peter Cooney

Comment: I have made several pilgrimages to see the Collings Foundation aircraft over the years, and some of my personnal photos of this aircraft can be seen below. Thank you