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Boeing Awarded U.S. Navy Contract for New Zealand P-8 Training

The U.S. Navy recently awarded Boeing [NYSA: BA] a Foreign Military Sales (FMS) contract, valued at $109 million, to provide P-8A Poseidon training for the Royal New Zealand Air Force (RNZAF). A suite of training systems and courseware will prepare RNZAF aircrew and maintainers to safely and effectively operate and maintain the world’s premier maritime patrol and reconnaissance aircraft for decades to come.

Boeing’s holistic P-8 training system will enable the RNZAF to conduct up to 70 percent of all Poseidon-related training in a simulated environment. As part of the contract, Boeing will provide:

Operational Flight Trainer (OFT) – Full-motion simulator incorporates all P-8 unique displays and switches.

Weapons Tactics Trainer– Simulates mission systems and tactical operations, and when coupled with the OFT, forms a Weapons Systems Trainer that enables multi-crew, high-fidelity mission rehearsal training in the same simulated environment.

Virtual Maintenance Trainer – Enables training of maintenance professionals to properly perform maintenance tasks and procedures on the P-8A aircraft.

Scenario Generation Station – Creates custom scenarios for mission training.

Brief/Debrief Station – Provides post-mission analysis and playback.

In addition, Boeing’s Electronic Classroom will give RNZAF instructors and students access to courseware and testing capabilities. Boeing also will provide initial Instructor Cadre Training to a group of RNZAF instructors, enabling them to continue training additional RNZAF P-8A instructors and aircrews following delivery of the training system in early 2024.

“This holistic training system will enable aircrew to safely train for all aspects of flying and maintaining the P-8A Poseidon,” said Tonya Noble, director of International Defense Training for Boeing. “We look forward to bringing these training capabilities in-country and working alongside the RNZAF to ensure readiness of aircrew and maintenance personnel.”

All training will be conducted in Ohakea, New Zealand. In March 2020, the RNZAF acquired four P-8A Poseidon aircraft through the U.S. Navy FMS process, with expected delivery beginning in 2023. New Zealand is one of seven nations operating the P-8.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries, leveraging the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

Airbus Warns Staff on Jobs With its ‘Survival at Stake’

FILE PHOTO: Airbus CEO Guillaume Faury poses before Airbus’s annual press conference on full-year results

By Tim Hepher

PARIS (Reuters) – European planemaker Airbus issued a bleak assessment of the impact of the coronavirus crisis, telling the company’s 135,000 employees to brace for potentially deeper job cuts and warning its survival is at stake without immediate action.

In a letter to staff, Chief Executive Guillaume Faury said Airbus was “bleeding cash at an unprecedented speed” and that a recent drop of a third or more in production rates did not reflect the worst-case scenario and would be kept under review.

Airbus said it did not comment on internal communications.

The letter was sent to employees late on Friday, days before the company is due to give first-quarter results overshadowed by a pandemic that has left airlines struggling to survive and virtually halted jet deliveries since mid-March.

Airbus has begun implementing government-assisted furlough schemes starting with 3,000 workers in France, “but we may now need to plan for more far-reaching measures,” Faury said.

“The survival of Airbus is in question if we don’t act now,” he added.

Industry sources have said a new restructuring plan similar to its 2007 Power8 which saw 10,000 job cuts could be launched in the summer, but Faury indicated the company was already exploring “all options” while waiting for clarity on demand.

People familiar with the matter say Airbus is also in active discussions with European governments about tapping schemes to assist struggling industries, including state-guaranteed loans.

It has already expanded commercial credit lines with banks, buying what Faury described as “time to adapt and resize”.

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https://finance.yahoo.com/news/airbus-warns-staff-jobs-survival-024101490.html