Tag: government (Page 1 of 22)

Saab receives Gripen order from Hungary

February 23, 2024 / WIL BALDWIN

SAAB AB (Stockholm: SAABb) has today signed a contract with the Swedish Defence Materiel Administration (FMV) and received an order for four additional Gripen C fighter aircraft for Hungary.

This order follows an amendment to the contract between FMV and the Hungarian Government signed in December 2001 regarding 14 Gripen C/D fighters for the Hungarian Air Force. The contract amendment for the four additional aircraft was signed by the Hungarian Ministry of Defence and FMV on 23 February 2024. With this new contract amendment, Hungary will operate a total of 18 Gripen C/D aircraft to protect and defend the Hungarian and NATO airspace.

Saab currently has a contract with FMV regarding support for Hungary’s Gripen aircraft, and Saab is ready to provide additional upgrades and support for the Hungarian fighters beyond 2035.

Saab and the Hungarian Ministry of Defence have also signed an MoU regarding development of high-tech industrial areas and fighter aircraft capabilities. The cooperation includes support for the establishment of a Centre of Excellence for VR technologies in Hungary.

Forward-Looking Statements

This press release may 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.

Eve Air Mobility and SkyScape announce first urban ATM agreement in Japan

February 19, 2024 / WIL BALDWIN

Singapore – February 20, 2024 – Eve Air Mobility (NYSE: EVEX) and SkyScape, a Japanese vertiport development and management company headquartered in Osaka, Japan, have announced an agreement to use Eve’s Urban ATM (air traffic management) as a part of the Advanced Air Mobility (AAM) concept of operations published by the Japanese government. The announcement makes Skyscape Eve’s 13th Urban ATM customer and it becomes its sixth Urban ATM vertiport customer as the company continues to grow its business globally.

Eve’s Urban ATM software solution is a key enabler to the efficient implementation and scalability of urban air mobility (UAM) by providing services for air navigation service providers, urban authorities, fleet operators, vertiport operators, and other UAM stakeholders. The solution includes UAM flight coordination, vertiport automation airside support, airspace flow management and conformance management.

As part of the agreement, the two companies will collaborate in a number of different ways including promoting Urban Air Mobility in Japan and the test and trial of Urban ATM software including data collection and sharing. The companies will also work together on showcasing eVTOL design and testing, vertiport design, operation certification and future autonomous operation development at SkyScape locations including their planned country research site known as the “Integrated Aviation Center” (IAC) when it opens in the future.

Forward-Looking Statements

AMSL Aero welcomes government support for vertiia aircraft to fight bushfires

February 19, 2024 / WIL BALDWIN

Sydney, Australia, February 19, 2024 – Australian zero emission aircraft designer and manufacturer AMSL Aero today welcomes the Australian Government’s move to back the development of its zero-emission aircraft Vertiia to fight bushfires autonomously in an effective, efficient way that keeps firefighters safer and enables nighttime firefighting.

AMSL Aero will use the A$3 million in funding from the Cooperative Research Centres’ Projects program to develop a remotely piloted version of Vertiia, the world’s most efficient long range zero emissions electric Vertical Take Off and Landing (VTOL) aircraft, that is capable of effectively spraying preventative fire retardant and dropping hundreds of litres of water.

AMSL Aero will work with its partners to develop a method of operating autonomous remotely piloted VTOLs for aerial firefighting, modify a prototype Vertiia for use as zero emissions low-cost firefighting aircraft, meet regulatory requirements, and test the aircraft in regional Australia. Its partners on the project are The University of Sydney, leading robotics company Mission Systems and Australian firefighting aviation operator Pay’s Air Service, which conducts firefighting operations in Australia and Europe every year, including in Greece, where it recently fought fires for NATO.

Maersk and Air Cargo News highlight global trends in 2024 air cargo market

February 2, 2024 / WIL BALDWIN

The air cargo sector is undergoing a demand slowdown due to global macroeconomic conditions. Post-Covid normalisation as well as global geopolitical crises, most notably in the form of military conflicts, have been the root cause.

Looking ahead, there is little confidence that this situation will improve drastically in the near term. This is partly due to rising interest rates and the termination of key government support programmes.

With customer demands getting more nuanced, a high level of flexibility seems to be the need of the hour. Air freight operators need to be nimble and provide solutions that lower operating costs and save time.

Here’s a quick fly-by of air cargo trends in 2024…

Click here to read the full story!

Airbus and Tata to set up first helicopter Final Assembly Line in India

January 26, 2024 / WIL BALDWIN

New Delhi, India, January 26, 2024 – In a major boost to ‘Make in India’, Airbus Group SE (Paris: AIR) Helicopters has announced that it is partnering with the Tata Group to establish a Final Assembly Line (FAL) for helicopters in the country. The FAL will produce Airbus’ best-selling H125 helicopter from its civil range for India and export to some of the neighbouring countries.

The FAL will be the first instance of the private sector setting up a helicopter manufacturing facility in India, providing a major boost to the Government of India’s ‘AatmaNirbhar Bharat’ (self-reliant India) programme. Under this partnership, Tata Advanced Systems Limited (TASL), a subsidiary of Tata Group, will set up the facility along with Airbus Helicopters.

The announcement was made during the two-day visit of French President Emmanuel Macron to India as Chief Guest at the Republic Day celebrations on January 26.

The FAL in India will undertake the integration of the major component assemblies, avionics and mission systems, installation of electrical harnesses, hydraulic circuits, flight controls, dynamic components, fuel system and the engine. It will also do testing, qualification, and delivery of the H125 to customers in India and the region. The FAL will take 24 months to set up and deliveries of the first ‘Made in India’ H125s are expected to commence in 2026. The location of the FAL will be jointly decided by Airbus and the Tata Group.

Forward-Looking Statements

MD Helicopters announce record orders for 2023

January 18, 2024 / WIL BALDWIN

Mesa, Arizona, January, 2024 – MD Helicopters, LLC (MDH) proudly announces record orders for the fiscal year 2023. The company experienced an increase in demand, resulting in the highest number of annual orders since 2008. MD Helicopters credits this accomplishment to its renewed commitment to customer satisfaction, enhancing aftermarket services, and striving for excellence in both the military and commercial sectors. The company’s focus and unwavering dedication to providing top-tier products and services have resonated with customers worldwide and across various markets, resulting in the substantial growth observed in 2023.

Among the key contributing factors to this success are significantly improving customer support, increased investment in direct communications with customers, enhancing manufacturing efficiencies, ensuring in-stock spares availability, and maintaining healthy supplier relationships. This strategic approach has not only strengthened MDH’s market position but has solidified its reputation as a rotorcraft industry leader.

In addition to the Nigerian Federal Government (12 aircraft) announced earlier this year, recent commercial transactions involved MD 530Fs designated for multi-use missions. These additions include VIP aircraft sales, featuring an expansion to the Clemens Aviation fleet, procurement by the United States Department of Agriculture for agricultural missions, and fulfilling various utility needs, such as those of WCF Aerospace, representing Skydance Helicopters that specializes in power and utility services, amongst others. MDH is actively pursuing a well-rounded approach, emphasizing both military and commercial sales and showcasing the positive impacts of the company’s recent changes.

Korean Air to expand cargo SAF program with Yusen Logistics

January 9, 2024 / WIL BALDWIN

Korean Air has partnered with Yusen Logistics, a global logistics company, to further promote the use of sustainable aviation fuel (SAF) in the air cargo industry. The two companies signed a Sustainable Aviation Fuel Cooperation Program Agreement at the Yusen Logistics headquarters in Tokyo.

Yusen Logistics is the airline’s first cargo SAF partner based in Japan, and the two companies will collaborate to promote SAF usage within the Asian region in alignment with the aviation industry’s climate change goals.

In September 2023, Korean Air launched a program to use SAF for air cargo operations with air cargo customers and forwarders, a first of its kind in Korea in the air cargo industry. Customers are able to purchase SAF for air cargo operations, and Korean Air will share the carbon emissions reductions with its customers.

Korean Air is committed to cooperating with all relevant governments, clients and oil refinery companies to expedite the use of SAF and create an efficient domestic SAF infrastructure in Korea.

Norway adds Sikorsky MH-60R helicopters for critical maritime missions

October 27, 2023 / WIL BALDWIN

Owego, New York, October 26, 2023 – The U.S. Navy awarded Lockheed Martin Corporation (NYSE: LMT) a contract to produce six multi-mission MH-60R Seahawk® helicopters for the Norwegian government. Designed and built by Sikorsky, a Lockheed Martin company, MH-60R aircraft will enable Norway to perform multiple maritime missions, including search and rescue and coastal and offshore patrol.

Depend on the SEAHAWK

Norway and other nations can depend on the SEAHAWK aircraft for:

high reliability
advanced mission systems and sensors
low flight hour costs, and
low maintenance and sustainment costs.

Norway’s order marks the second MH-60R contract award in less than a month. On Oct. 12, the U.S. Navy awarded Lockheed Martin a contract for eight Spanish Navy MH-60R aircraft.

Sikorsky has delivered 330 MH-60R aircraft to five countries. Sixty-four more are on order or in production for India, Greece, South Korea, Australia, Spain and Norway.

Boeing [NYSE: BA] and Vietnam Airlines announced the carrier has selected Boeing’s family of fuel-efficient airplanes to expand its future fleet with 50 737 MAX airplanes. (Boeing image)

Vietnam Airlines Selects 50 Boeing 737 MAX Airplanes to Grow its Fleet

September 11, 2023 / WIL BALDWIN

Hanoi, Vietnam, September 11, 2023, PRNewswire – Boeing (NYSE: BA) and Vietnam Airlines JSC (HVN) announced today the carrier has selected the 737 MAX family to expand its single-aisle fleet, with a commitment to order 50 737-8 airplanes. With enhanced fuel efficiency and environmental performance, the 737 MAX will provide best-in-class flexibility for Vietnam’s growing aviation market. The commitment was announced during a signing ceremony with Vietnamese government leaders on Monday, September 11.

U.S. and Vietnam officials said the commitment will bolster jobs in both countries and strengthen the bilateral economic partnership. Building on Boeing’s long history of collaboration with Vietnam’s civil aviation industry, the carrier’s 737 MAX fleet will support the country’s goal of becoming a leading aviation hub.

Since the launch, more than 100 customers around the world have placed firm orders for more than 5,600 737 MAX airplanes. The 737 MAX reduces fuel use and carbon emissions by 20% and has a smaller noise footprint than airplanes it replaces. The jets offer increased comfort and relaxation for passengers, with modern sculpted sidewalls, LED lighting that enhances the sense of spaciousness and larger pivoting overhead storage bins.

The 737 MAX family will allow Vietnam Airlines to fly up to 3,500 nautical miles (6,480 km) to serve increasingly popular international and regional routes. The carrier currently operates a fleet of 15 787 Dreamliner jets and serves over 50 destinations in 17 countries. A member of the SkyTeam Alliance, passengers flying on Vietnam Airlines or any of its 18 partners can earn and redeem miles for travel to 1,000 destinations worldwide.

Boeing is committed to its strong relationships with Vietnamese suppliers and partnering to create a strong, efficient and resilient global supply chain to deliver the highest quality products and services for our customers. Today, Boeing has a corporate office in Hanoi and Field Service Offices in Hanoi and Ho Chi Minh City.

(From left to right) Mr. Nguyen Chien Thang, Technical Executive Vice President, Vietnam Airlines; Mr. Le Hong Ha, President and CEO, Vietnam Airlines; Dr. Brendan Nelson, President, Boeing Global; Mr. Dang Ngoc Hoa, Chairman, Vietnam Airlines; Mr. Brad McMullen, Senior Vice President Boeing Commercial Sales; and Marketing; Mr. Michael Nguyen, Managing Director, Boeing Vietnam gather on Sept. 11 in Hanoi to celebrate Vietnam Airlines’ commitment to 50 737-8 MAX airplanes.

Beautiful scenic of mountain and cloudscape seen from above.

Boeing showcases F-15EX for Poland’s air defense

September 7, 2023 / WIL BALDWIN

Kielce, Poland, September 7, 2023 – Boeing (NYSE: BA) is showcasing the F‑15EX Eagle II fighter aircraft to Poland as a potential U.S. Department of Defense Foreign Military Sales program. The announcement was made at the annual MSPO International Defence Industry Exhibition where Boeing is highlighting advanced defense systems, capabilities and services.

Boeing has made significant investments in the F-15EX making it the most capable multirole fighter aircraft in production today. The aircraft offers improved survivability and capability with:

fly-by-wire flight controls,
a new electronic warfare system,
an all-glass digital cockpit,
the latest mission systems and software capabilities,
as well as the ability to carry advanced hypersonic weapons.

The F-15EX is in production with two aircraft delivered to the U.S. Air Force. Indonesia recently became the 8th country to select the F-15 and will become the first export customer of the latest FX variant when the sale is finalized.

Boeing has been present in Poland for more than 30 years. With headquarters in Warsaw, Boeing Digital Solutions & Analytics operations in Gdańsk and Parts & Distribution Services in Rzeszow, Boeing employs more than 1,000 people in Poland and is currently establishing strong engineering capability in all of its three locations. In addition to its growing footprint in-country, Boeing is an important partner of the Polish aviation industry and has strong relationships with local communities, industry, airlines, Polish Government and the Polish Armed Forces.

Here’s a quick fly-by of air cargo trends in 2024…

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