Tag: upgrade (Page 1 of 5)

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.

Dassault Aviation releases order intakes, deliveries and backlog as of December 31, 2023

January 14, 2024 / WIL BALDWIN

AIRCRAFT ORDERED IN 2023

60 Rafale (*) were ordered (42 France, 18 Indonesia), compared with 92 Export Rafale in 2022.

(*) The order for an additional 18 Rafale for Indonesia entered into force on January 8, 2024 and is therefore not part of the 60-Rafale order intake for 2023.

23 Falcon were ordered, compared with 64 in 2022.

AIRCRAFT DELIVERED IN 2023

13 Rafale (11 France, 2 Export) were delivered, while 15 had been guided.
14 Rafale (13 Export, 1 France) were delivered in 2022.

26 Falcon were delivered, while 35 (*) had been guided.
32 Falcon were delivered in 2022.

(*) Certified on August 22, 2023, Falcon 6X, integrating post certification upgrades approved by EASA, has entered into service at the end of 2023.

AIRCRAFT IN BACKLOG

As of December 31, 2023, the backlog includes:

211 Rafale (*) (141 Export, 70 France) compared with 164 Rafale as of December 31, 2022,
84 Falcon compared with 87 Falcon as of December 31, 2022.
(*) The order for an additional 18 Rafale for Indonesia entered into force on January 8, 2024 and is therefore not part of the 211-Rafale backlog of December 31, 2023.

UPCOMING FINANCIAL RELEASE

Dassault Aviation Group will release on March 6, 2024 its full year results.

The above figures relate only to the number of new aircraft. The Group points out that amounts in euros will be published on March 6, 2024.

Rafale B de l’Armée de l’Air Française en opérations extérieures (Opération Serval) – Vue en vol au dessus du Mali. Equipé de la nacelle Damoclès et de GBU-12.

Boeing enhanced AH-64E Apache helicopter completes first flight

October 11, 2023 / WIL BALDWIN

Mesa, Arizona, October 11, 2023 – The newest version of the AH-64E Apache has successfully flown with an upgraded capabilities suite as Boeing (NYSE: BA) continues to modernize the platform. The upgraded E-model Apache, known as Version 6.5, or V6.5, is the next configuration of the world’s premier attack helicopter.

Building onto V6.5, the company is working with the U.S. Army to integrate the Improved Turbine Engine (ITE). The engine, a General Electric Company (NYSE: GE) Aerospace T901, will offer improvements in reach, available power, time on station and fuel efficiency, as well as sustainment improvements like health and usage monitoring, maintenance and engine lifespan.

V6.5, awarded by the U.S. Department of Defense in December 2021, includes software updates enhancing capabilities and improving the pilot interface. Some of those enhancements include:

Optimized route and attack planning
Enhanced Link 16 features
Integration of an Open Systems Interface, setting the stage for Modular Open Systems Approach for maximum interoperability, faster integration and advanced capabilities fielding.

KiwiRail’s next stage of upgrades focused on reducing commuter disruptions

October 8, 2023 / WIL BALDWIN

The next stage of KiwiRail’s network rebuild in Auckland will be a lot less disruptive than the previous stages. Since the start of 2023, KiwiRail has had to fully close rail lines in Auckland for work to upgrade and prepare the metro rail network for the more frequent metro trains to come when the City Rail Link opens.

Auckland Transport’s Executive General Manager Public Transport Services Stacey van der Putten says the reduced disruption for Stage 3 will come as welcome news to Auckland’s rail passengers.

During the rebuild period, Western Line trains will run on a single track affecting service frequencies, and timetables will be confirmed in due course.

Details of alternative public transport options will be available on the AT website www.AT.govt.nz/RailRebuild

Garmin receives certification for GFC 600 digital autopilot in Beechcraft King Air F90 aircraft

August 26, 2023 / WIL BALDWIN

Olathe, Kansas, August 23, 2023 — Garmin (NYSE: GRMN) today announced it has received Federal Aviation Administration (FAA) Supplemental Type Certification (STC) for the GFC^™ 600 digital autopilot in Beechcraft King Air F90 aircraft. The GFC 600 digital autopilot is optimized for turbine aircraft, delivering superior in-flight characteristics that reduce workload and bring new operational capabilities such as Vertical Navigation (VNAV)¹, automatic Course Deviation Indicator (CDI) switching when paired with a GTN Series navigator, enhanced go-around capabilities including missed approach sequencing — and much more.

The GFC 600 certification for the King Air F90 provides owners and operators with an autopilot upgrade that boasts superior integration potential with G600 and G600 TXi^™ flight displays, the GI 275 electronic flight instrument, as well as the GTN^™ and GTN Xi Series of navigators. The self-contained autopilot controller incorporates backlit keys and a bright, sunlight readable display that depicts autopilot status and mode selection. An intuitive built-in control wheel also provides convenient adjustment of aircraft pitch, airspeed and vertical speed modes. When the level button is selected, the aircraft automatically returns to straight-and-level flight.

Environmentally hardened autopilot servos designed for harsh operating conditions contain brushless DC motors offering improved performance and reducing maintenance requirements when compared to decades-old servo designs on the market today. In addition, these servos offer more torque to help pilots better respond to demands required of turbine aircraft.

Standard mark-width (6.25-inch) design of the GFC 600 mode controller ensures the autopilot controller allows for routine installation into the aircraft’s avionics stack. In King Air F90 aircraft, GFC 600 will require a G600 TXi or G600 flight display.

In addition to traditional autopilot capabilities such as altitude hold, vertical speed and heading modes, the GFC 600 includes:

Premium functions and advanced capabilities such as altitude pre-select² and indicated airspeed hold mode.
Ability to select, couple and fly various instrument approaches, including GPS, ILS, VOR, LOC and back course approaches.³
Built-in GPS roll steering capability eliminates the need for external roll steering converters and allows for smoother navigation tracking when installed with a compatible navigator.
Level Mode button, which automatically engages the autopilot to restore the aircraft to straight and level flight.
Underspeed and overspeed protection.
Yaw Damping (YD) mode minimizes yawing oscillations while also helping to maintain coordinated flight.
Flight Director command bars can be displayed on a flight display such as the G600 and G600 TXi.
Coupled ‘go-arounds’ for pilots to fly during missed approach sequencing. A remotely installed go-around button commands the Flight Director to display the appropriate pitch attitude required for the missed approach procedure and activates a loaded missed approach when paired with a GTN 650/750 or GTN 650Xi/750Xi navigator.
Included pitch-trim servo adds automatic trim and improved manual electric trim.
Control wheel steering is available, which allows the pilot to adjust pitch, roll, altitude hold, vertical speed or airspeed references using the control yoke while the autopilot is engaged.

U.S. Army awards Airbus contract for helicopter modernization

August 21, 2023 / WIL BALDWIN

Arlington, Virginia – The U.S. Army awarded Airbus (OTC: EADSY) a $27.8 million contract to upgrade the Army National Guard Security & Support Battalion Mission Equipment Package (MEP).

Upgrades to the MEP expand the UH-72A Lakota’s capabilities to conduct day and night operations by providing an advanced moving map, enhanced digital interfaces, new monitors, an airborne mission management system and other system improvements.

MEP equipped UH-72As are specifically designed to execute National Guard operations across a range of missions including domestic operations, counter-drug and border security.

The Army contract will retrofit up to 50 Security & Support Battalion aircraft deployed throughout the United States. There are currently 107 in the fleet.

These aircraft will be modified at Airbus’ Columbus, Mississippi helicopter production facility, where more than 480 UH-72A and UH-72B Lakota, based on the H145, have been delivered to the US Army since 2006.

The contract will be managed by Airbus U.S. Space & Defense. Operating under a Special Security Agreement, Airbus U.S. Space & Defense, Inc. offers world-class satellite, laser communication, rotor, and fixed wing solutions to meet the most complex U.S. defense, security, space, and intelligence requirements.

Surf Air Mobility Announces the Successful Completion of Southern Airways Acquisition

August 6, 2023 / WIL BALDWIN

Los Angeles, California – August, 2023 – Surf Air Mobility Inc. (SAM), a regional platform aiming to sustainably connect the world’s communities, announced that the it has completed the acquisition of Southern Airways (“Southern”) immediately prior to its listing on the New York Stock Exchange under the ticker symbol SRFM on July 27, 2023. The combination of Surf Air Mobility and Southern will provide the basis for SAM’s anticipated expanded, nationwide regional air mobility platform. Following the close of the transaction on July 27, 2023, Surf Air Mobility has 69,742,981 basic shares and 71,603,186 fully diluted shares outstanding.

Surf Air Mobility intends to accelerate the adoption of green flying by developing, together with its commercial partners, hybrid-electric and fully-electric powertrain technology to upgrade existing fleets. By creating a financing and services infrastructure to enable this transition at an industry-wide level, Surf Air Mobility believes it can bring electrified aircraft to market at scale and substantially reduce the cost and environmental impact of regional flying. Surf Air Mobility believes such cost and environmental impact reductions are achievable by the end of the decade, and that operating as a publicly-traded company and having efficient access to growth capital will enable and accelerate the implementation of its strategic plan.

Surf Air Mobility also announced that it will release its financial results for the second quarter of 2023 and provide outlook for the full year 2023 the week of August 14, 2023.

Virgin Australia unveils cabin of the future and $110 million fleet-wide aircraft upgrade

July 8, 2023 / WIL BALDWIN

Saturday 8 July 2023: More than 3,000 Virgin Australia team members and their families will today celebrate the arrival of the airline’s first fuel-efficient Boeing 737-8 aircraft which touched down on Australian soil last week.

The celebrations, part of a Virgin Australia Family Day at the airline’s Brisbane Hangar, will be hosted by CEO, Jayne Hrdlicka and Boeing’s President of Australia, New Zealand and South Pacific, Maria Fernandez, who will welcome team members from across the Virgin Australia business, many who have flown in from interstate to have a first look at the new aircraft.

Fresh from the Boeing factory in Seattle and featuring that new plane smell, the Boeing 737-8 aircraft marks an exciting new milestone in the transformation of Virgin Australia with its fleet renewal program well underway as the airline continues to work towards its net zero emissions target by 2050. The aircraft is one of 33 fuel-efficient Boeing 737-8 and 737-10 aircraft Virgin Australia has on order, with more fuel-efficient aircraft set to be delivered in the coming months.

With the arrival of the Boeing 737-8, Virgin Australia has also revealed its highly anticipated new Business Class and Economy cabin interior as well as confirming plans to refresh the interior cabins on the airline’s remaining Boeing fleet, as part of an investment of approximately $110 million to improve the flying experience for customers.

Highlight features of the new Boeing 737-8 cabin interior include:

In-seat power for all Business Class and Economy seats.
Larger overhead lockers, with capacity to stow up to 50 per cent more carry-on baggage (individual guest carry-on luggage limits will not increase).
Wider Business Class seats which also feature leg rests with extendable footrests, storage compartments, tablet/device holders and water bottle holders.
A new Economy seat design, featuring a ribbed backing to elevate comfort and ergonomics.
A personal tablet/device holder for all Economy seats, making it easy to view Virgin Australia in-flight entertainment, movies and TV shows.

Click the link below to see the entire press release!

https://newsroom.virginaustralia.com/release/virgin-australia-unveils-cabin-future-and-110-million-fleet-wide-aircraft-upgrade

BAE Systems wins Multi-million pound contract to equip Royal Air Force Typhoons with latest advanced radar capabilities

July 5, 2023 / WIL BALDWIN

The Ministry of Defence (MOD) has awarded BAE Systems (OTC: BAESY) a £870m contract to deliver a new radar to enhance the Royal Air Force’s (RAF) Typhoon fighter jet fleet and strengthen the aircraft’s control of the airspace whilst providing cutting-edge electronic warfare capabilities.

The contract, awarded by the Ministry of Defence to BAE Systems, will see further development of technology and integration work on the European Common Radar System (ECRS) Mk2 radar by BAE Systems and Leonardo UK. The work is expected to lead to initial flight testing in 2024.

BAE Systems leads the overall design, development, manufacture and upgrade of the Typhoon aircraft for the UK and Leonardo is the lead for the aircraft’s main sensing and survivability systems including its radar and defensive aids sub-system.

The contract is part of the UK Government announcement made in July 2022, to invest £2.35 billion in the continued technology advancements in Typhoon capabilities, as recognition of its long-term role supporting national security and defence priorities.

Typhoon is a highly capable and extremely agile multi-role combat aircraft. It is capable of being deployed for the full spectrum of air operations, including air policing, peace support and high-intensity conflict. The RAF Typhoons are deployed alongside F-35B Lightning II to provide frontline capability for the UK.

The Typhoon programme supports more than 20,000 jobs across all regions of the UK every year, contributing £1.4 billion to the economy annually. The ECRS Mk2 radar programme sustains more than 600 highly-skilled jobs across the country, including more than 300 at Leonardo’s site in Edinburgh, more than 100 electronic warfare specialists at the company’s site in Luton, and 120 advanced engineers at BAE Systems’ site in Lancashire.

Singapore Airlines Extends PPS Club And KrisFlyer Elite Statuses For Third Year

January 17, 2022 / WIL BALDWIN

Singapore Airlines (SES: C6L.SI) is extending PPS Club and KrisFlyer Elite statuses, rolling over Elite miles, pausing the expiration of miles in 2022, and introducing new program benefits that further rewards its loyal members.

All PPS Club and KrisFlyer Elite statuses that are due to expire between March 2022 and February 2023 will be automatically extended for another year. This supports our members, who have been unable to fly as before due to the Covid-19 pandemic, and follows a similar extension in 2020 and 2021.

Elite miles earned by KrisFlyer Elite members, in the 12 months prior to the latest extension, will be credited back into their accounts after the extension. Elite miles earned during the previous membership qualification cycle will also count towards their requalification in the March 2023 to February 2024 cycle.

KrisFlyer miles that expire in 2022 will be automatically extended by six months at a time, at the end of each month.

Rewards earned from the PPS Rewards and KrisFlyer Milestone Rewards that are due to expire in 2022 will be extended to 31 December 2022. This offers members greater flexibility in utilising the rewards earned from flying with SIA.

From February 2022, KrisFlyer members also enjoy additional benefits when they fly on Scoot.

PPS Club and KrisFlyer Elite tier members can enjoy priority boarding, complimentary standard seat selection, an additional 5kg check-in baggage allowance with any baggage purchase, as well as 25% more KrisFlyer miles for every mile earned when travelling on Scoot flights.

In addition, KrisFlyer members can earn 2.5 Elite miles for every KrisFlyer mile earned from flying on Scoot, up from 1 Elite mile for every KrisFlyer mile. This enables members to upgrade to higher KrisFlyer membership tiers at a faster rate.

SIA has also launched two new KrisFlyer Milestone Rewards, which can be enjoyed by members who have earned 1,000 and 2,500 Elite miles.

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