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
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.
Marignane, France, October 31, 2023 – Airbus Group SE (Paris: AIR) Helicopters and Naval Group, in collaboration with the French Armament General Directorate, DGA (Direction génerale de l’armement), and the French Navy, have tested the SDAM demonstrator (Système de Drone Aérien Marine/ Naval Aerial Drone System) from a multi-mission frigate (FREMM). The trials took place on board the French Navy frigate, Provence, in the Mediterranean Sea between the 2nd and the 9th of October. The vessel had previously been adapted by Naval Group to operate the SDAM. These sea trials were arranged to demonstrate the system’s high performance from an operational warship and the SDAM’s capabilities for surveillance and intelligence missions.
The derisking study for the SDAM programme was awarded to Airbus Helicopters and Naval Group by the DGA. The objective is to design, produce and test a rotary wing unmanned aerial system demonstrator for the French Navy. The system works with the Airbus Helicopters VSR700 unmanned aerial system and the I4Drones® mission system developed by Naval Group. Naval Group has also been tasked with the integration of the system onboard military vessels. The project also involves French SMEs like Hélicoptères Guimbal and Diades, contributing to the creation of a local naval UAS industry in France.
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.
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.
East Camden, Arkansas, October 26, 2023, PRNewswire – Raytheon, an RTX (NYSE: RTX) business, in partnership with Rafael Advanced Defense Systems, will build a manufacturing facility in East Camden, Arkansas to produce the Tamir missile for the Iron Dome Weapon System and its U.S. variant, SkyHunter®.
Through the established Raytheon-Rafael Area Protection Systems joint venture, the companies have committed to a $33 million capital investment to establish the new facility. Once operational, the facility will produce missiles for the U.S. Marine Corps and other allied partners.
Raytheon and Rafael have teamed for over a decade on Iron Dome, which has more than 5,000 operational intercepts and a success rate exceeding 90%. The U.S. version of the Iron Dome Weapon System’s Tamir, SkyHunter, is a medium-range air defense weapon designed to counter a range of threats, including cruise missiles, manned and unmanned aircraft, rockets, artillery and mortars. SkyHunter missiles will be produced for the U.S. Marine Corps Medium Range Intercept Capability, or MRIC, program.
The joint venture plans to break ground on the new facility before the end of the year with the intent to begin missile production in 2025.
Saab (SAAB-B.ST) UK’s Sensor Systems business operates from Saab’s site in Fareham, with a team also located in Farnborough. The skilled staff in Fareham primarily produce and integrate the new Deployment Set, a configuration of the Giraffe 1X highly mobile, compact, rapidly deployed, software-based, 3D AESA radar. This increases Saab’s production capacity for its Giraffe 1X Deployment Set and the first units are already in production at the Fareham site.
Saab UK’s Sensor Systems business will also act as a Centre of Excellence developing follow-on UK Intellectual Property in the radar domain. It will also grow to maintain existing radars in-service with the UK Ministry of Defence, such as Giraffe 1X and Giraffe AMB air defence radars and artillery locating MAMBA (Arthur) radars.
Saab UK’s Fareham site has been growing with the announcement in February 2023 of the expansion of its Underwater Systems business of Seaeye autonomous and remotely operated vehicles. Across the UK, Saab has eight principal sites which focus on software engineering, underwater robotics, training services, radars and more.
Saab UK’s presence has been growing at pace, with employee numbers quadrupling through consolidation, acquisition and organic growth, bringing together the best of Swedish and British innovation.
The whole site in Fareham benefits 400 jobs at Saab, in established and future roles across various business activities.
ST. LOUIS, Missouri, September 17, 2021 – Boeing [NYSE: BA] will build the Navy’s newest carrier-based aircraft at a new high-tech facility in Illinois, bringing the benefits of digital aircraft design and production to the Navy and up to 300 advanced manufacturing jobs to the greater St. Louis region.
The new 300,000 square-foot facility at MidAmerica St. Louis Airport, scheduled for completion in 2024, initially will employ approximately 150 mechanics, engineers and support staff who will build the MQ-25TM StingrayTM, the Navy’s first operational, carrier-based unmanned aircraft. Employment could reach up to 300 with additional orders.
Boeing digitally engineered the entire MQ-25 aircraft and its systems, resulting in high-fidelity models that are used to drive quality, efficiency and flexibility throughout the production and sustainment process. The new MQ-25 facility will include state-of-the-art manufacturing processes and tools, including robotic automation and advanced assembly techniques, to improve product quality and employee ergonomics.
For two years, Boeing and the Navy have been flight testing the Boeing-owned MQ-25 test asset from MidAmerica Airport, where in recent history-making missions T1 has refueled an F/A-18 Super Hornet, an E-2D Hawkeye and an F-35C Lightning II.
The U.S. Navy intends to procure more than 70 MQ-25 aircraft to help extend the range of the carrier air wing, and the majority of those will be built in the new facility. Boeing is currently producing the first seven MQ-25 aircraft, plus two ground test articles, at its St. Louis facilities, and they will be transported to MidAmerica for flight test. The MQ-25 program office, including its core engineering team, will remain based in St. Louis.
The new MQ-25 facility will be in addition to existing manufacturing operations at Boeing St. Clair, which produces components for the CH-47 Chinook, F/A-18 Super Hornet, F-15 and other defense products.
This week the U.S. Air Force awarded Boeing [NYSE: BA] a $1.7 billion contract for 12 KC-46A tanker aircraft. With this sixth production lot, Boeing is now on contract for 79 KC-46A tankers.
The company delivered the first KC-46A to the Air Force in January 2019. Since then, Boeing has delivered 42 tankers to four different bases. The next-generation KC-46 brings new capabilities and operational flexibility to the U.S. Air Force and international customers.
“The investments Boeing is making in the KC-46 today will benefit generations of service members,” said Jamie Burgess, Boeing KC-46 tanker vice president and program manager. “I believe the partnership between Boeing and the Air Force will also produce additional KC-46 innovations that will carry the warfighter well into the future.”
Boeing received its first two production lots from the U.S. Air Force, for seven and 12 aircraft, in August 2016. The third lot, for 15 aircraft, was awarded in January 2017; the fourth lot for 18 aircraft in September 2018 and the fifth lot for 15 aircraft in September 2019.
The KC-46A is a multirole tanker designed to refuel allied and coalition military aircraft compatible with international aerial refueling procedures. It’s also equipped to carry passengers, cargo and patients on any mission at any time.
Boeing is assembling KC-46A aircraft at its Everett, Wash. facility where it also continues production of the KC-46 tanker for Japan.
For more information on Defense, Space & Security, visit www.boeing.com
Rolls-Royce’s business unit Power Systems and Shanghai Cooltech Power Co. Ltd. have agreed to form MTU Cooltech Power Systems: The 50/50 joint venture will produce backup generator sets powered by MTU engines in China. In the picture: Generator set with a 20V 4000 MTU engine.
Der Geschäftsbereich Power Systems von Rolls-Royce und Shanghai Cooltech Power Co. Ltd. haben gemeinsam MTU Cooltech Power Systems gegründet. Das 50/50-Joint Venture wird Notstromaggregate mit MTU-Motoren in China produzieren. Im Bild: Aggregat auf Basis eines 20V-4000-MTU-Motors.
Rolls-Royce’s business unit Power Systems and Shanghai Cooltech Power Co. Ltd., a leading Chinese manufacturer of power generation systems, have made a significant step forward together to strengthen their market position by forming a 50/50 joint venture. MTU Cooltech Power Systems will produce backup generator sets powered by MTU Series 1600, 2000 and 4000 engines for applications including but not limited to hospitals, airports, mining, semiconductors, telecoms and the rapidly growing data centre market, which has recently received a significant boost from the Chinese government’s newly announced New Infrastructure development plan, a programme launched by the central government to accelerate the digital transformation of the economy.
– New 50/50 joint venture established in Shanghai to serve the growing Chinese market
– Purpose is to establish a stronger position in the backup power supply market, with a focus on data centers
– Production of generator sets equipped with MTU engines to start at end of 2020
Tobias Ostermaier, President MTU Greater China, Rolls-Royce Power Systems, said: “This is an important step to further accelerate our fast-growing business in China. We pursue our growth strategy for diesel systems in China and move further towards becoming a provider of integrated power solutions in this strategically important market. We look forward to being in a position to supply our customers with world class MTU system solutions at China speed. The Chinese market presents tremendous opportunities for Power Systems’ business growth in a challenging global environment. We have an important role to play in ensuring power for China’s New Infrastructure such as telecommunications networks, servers, and data centres through our best-in-class safety-critical MTU power solutions.”
Xu Nai Qiang, President of Shanghai Cooltech Power, said: “We are proud to form the new joint venture with Rolls-Royce, which enables us to manufacture products of the highest quality for the Chinese market, and to continue and enhance the success story of our long-standing collaboration.”
Rolls-Royce and Shanghai Cooltech Power have enjoyed a close partnership since 2013. Shanghai Cooltech Power is one of the biggest customers of the Power Systems business unit in China and has already installed nearly 1,000 MTU engines in backup generator sets. A key focus has been the telecommunications market, which will also be a major target now for the new joint venture.
MTU Cooltech Power Systems is to have a workforce of around 50 employees when it is launched this year. The joint venture will produce a range of generator sets based on MTU engines, which are to be supplied from Germany and China. Rolls-Royce and Shanghai Cooltech Power will then market and deliver these generator sets to their Chinese customers.
Having production in China will shorten delivery times significantly. Combined with direct access to the high quality and competitively priced supply chain in China, MTU system solutions will establish a highly competitive position in the China market. “As a result, we will be in a better position to adapt our product range to market requirements and to provide our customers with local support. Irrespective of the new joint venture, we will maintain our long-standing strategic partnerships and well-established collaboration with our community of Chinese partners in the field of decentralised power supply systems, and will systematically continue and strengthen these partnerships,” said Tobias Ostermaier.
Increasing market share in China, in addition to setting up and developing partnerships, are key elements of the PS 2030 strategy with which the Rolls-Royce business unit Power Systems is currently transforming itself from an engine manufacturer to a provider of integrated solutions.
Rolls-Royce has been producing MTU engines in China since 2006 and formed joint ventures with Chinese manufacturers to continue localizing its footprint over the years. The founding of MTU Cooltech Power Systems will help accelerate its localization in China to seize business opportunities and better serve the market.
Rolls-Royce’s business unit Power Systems and Shanghai Cooltech Power Co. Ltd. have agreed to form MTU Cooltech Power Systems: The 50/50 joint venture will produce backup generator sets powered by MTU engines in China. In the picture: Generator set with a 20V 4000 MTU engine.
Der Geschäftsbereich Power Systems von Rolls-Royce und Shanghai Cooltech Power Co. Ltd. haben gemeinsam MTU Cooltech Power Systems gegründet. Das 50/50-Joint Venture wird Notstromaggregate mit MTU-Motoren in China produzieren. Im Bild: Aggregat auf Basis eines 20V-4000-MTU-Motors.
Tesla (TSLA) posted a surprise second-quarter profit last week on cost cutting and strong deliveries, offsetting the effects of its Covid-19 related factory shutdowns. The report may help the electric vehicle manufacturer gain inclusion into the S&P 500 index (^SPX).
Tesla announced earned net income of $104 million for the quarter, or $0.50 per share. This marks the first time the company has posted four straight quarterly profit, a benchmark for the company to be considered for inclusion in the highly coveted S&P 500.
This marks another major win for Chief Executive Elon Musk, whose quest to lead the global auto industry with Tesla, and the aerospace industry with SpaceX, has increasingly been making major leaps forward.
Musk said last Wednesday that the city of Austin, located in Travis County, would be the site of Tesla’s newest factory. The victory for Texas comes at a loss for Oklahoma, which also was seeking to have the factory land in Tulsa. The facility seeks to create as many as 5,000 new jobs. The County offered up to $65 million in tax rebates to entice the company, and plans to begin construction in the third quarter.
The additional plant is slated to produce Model 3 and Model Y vehicles for the Eastern half of the United States, as well as a potential new Tesla Semi truck and its Cybertruck pickup. Elon Musk has stated that his cars are not affordable enough yet for the average consumer, and he hopes to develop a plan to address that issue.
The company also needs to address its growing need for affordable battery cell production, and is looking to expand its partnerships with Panasonic Corp <PCRFY> and Contemporary Amperex Technology of China (CATL) <300750.SZ>.
Production and development of new solutions for hospitals
Alstom’s 3D printing hub in Barcelona is coordinating initiatives being implemented at a Group level to contribute to the fight against the COVID 19 global pandemic. Since last week, engineers and developers based in Santa Perpetua site (Barcelona) have been coordinating and implementing different initiatives to produce pieces, supply consumables and design new solutions.
Alstom’s hub is working in coordination with the 3Dcovid19.org network to manufacture visors for face shields and ventilators valves, that are being delivered to different hospitals.
“The aim is to help the healthcare community by manufacturing parts that meet appropriate quality and safety standards,” says Jaume Altesa, responsible for Alstom’s 3D printing hub at Santa Perpètua. “3D printing has gained prominence due to its particular usefulness for creating equipment to protect against COVID-19, as it can be used to manufacture materials currently suffering severe shortages such as face masks, mechanical respirators and even door openers, among others”, he adds.
The CAD design experts at the Santa Perpetua facilities are also innovating in new solutions and developments. They are currently working, for example, on portable personal protectors for door handles and the use of anti-bacterial materials in the masks.
Launched in 2016, Alstom 3D printing hub in Barcelona is one of the components of Smart Operations, Alstom’s ‘Industry of the Future’ programme. Its ambition is to produce 3D-printed parts quickly and at a competitive price for new trains, to meet the customers’ requests for parts, and to facilitate some manufacturing and maintenance operations. At Alstom, 3D printing is used for four applications: tools for our factories, prototypes to validate a design, moulds produced in half the time of classic production methods and series parts with around 70 references in plastic and metal.
