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RTX Pratt & Whitney receives $355 million F100 engine sustainment contract

East Hartford, Connecticut, February 13, 2024, PRNewswire – Pratt & Whitney, an RTX (NYSE: RTX) business, was awarded an F100 engine performance-based logistics (PBL) sustainment contract by South Korea’s Defense Acquisition Program Administration (DAPA). This contract, with a base value of $355 million, is the third consecutive PBL contract Pratt & Whitney and DAPA have signed since 2012, offering on-going maintenance support for the Republic of Korea Air Force’s (ROKAF) F-15 Eagles and F-16 Fighting Falcons.

This contract is the latest initiative in an enduring partnership between Pratt & Whitney, DAPA and ROKAF, and it will support more efficient depot planning and improve overall fleet readiness through long-term material forecasting. Sustainment work began in December of 2023 and will run through the second half of 2027.

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.

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BAE Systems acquires Malloy Aeronautics

BAE Systems has acquired Malloy Aeronautics – a leading company in innovative heavy lift drone and aeronautical technologies. Malloy Aeronautics designs and supplies all-electric uncrewed aerial systems (UAS) to both civil and military customers. Their range of uncrewed, heavy lift quadcopters are capable of lifting payloads from 68kg to 300kg over short to medium range missions.

These platforms offer interchangeable capabilities and greater flexibility at a fraction of the cost and time of more traditional methods, whilst minimising risk to more expensive assets and human life. Malloy’s approximately 80 strong workforce will continue to operate from its site in Berkshire, supporting its existing customers. BAE Systems and Malloy, who have been working together in advancing cutting-edge UAS solutions since 2021, will further develop Malloy’s existing portfolio and accelerate new and novel technologies to customers worldwide.

BAE Systems and Malloy Aeronautics engineers have been collaborating to develop the 300kg T-650 all-electric ‘heavy lift’ UAS as a potential new solution to deliver cost-effective, sustainable rapid response capability to military, security and civilian customers.

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HEINEKEN picks Siemens for decarbonization program

HEINEKEN, the world’s most international brewer, has selected Siemens as a partner for its global Net Zero Production roadmap, as part of HEINEKEN’s ambitions to reach net zero in Scopes 1 and 2 across all production sites by 2030.*

Siemens and HEINEKEN will work together on a long-term decarbonization program which will see Siemens implementing solutions and services from its Siemens Xcelerator portfolio, to reduce energy usage at more than 15 HEINEKEN beer and malt production sites, spanning facilities across Asia-Pacific, the Americas and Europe. Additional sites will be added in a second phase.

HEINEKEN and Siemens collaborated on an initial project of consulting, auditing, and advisory services, using an energy digital twin to simulate and analyze a typical HEINEKEN brewery in the virtual world, identifying where significant energy savings could be made. The simulation showed approximately 70 percent of energy use was linked to the generation of heating and cooling necessary for the brewing process. By optimizing and monitoring these cooling and heating systems through an end-to-end program, Siemens estimates energy savings of between 15-20 percent at each site, and an average CO2 reduction of 50 percent at each site.

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Sierra Space on Built In’s 100 Best Large Places to Work in Colorado

Louisville, Colorado, January 9, 2024 – Sierra Space, a leading commercial space company building the first end-to-end business and technology platform in space to benefit life on Earth, announced today that it was honored in Built In’s 2024 Best Places to Work Awards, earning a place on 100 Best Large Places to Work in Colorado. The annual awards program evaluates companies of all sizes, from startups to established enterprises, and honors a wide range of companies in large tech markets across the United States.

Built In determines the winners of Best Places to Work by using company data about compensation packages, total rewards and culture programs. Sierra Space won this industry accolade not only for its commitment to providing competitive salaries and comprehensive benefits packages, but also for fostering an engaging work environment and culture that is embraced by its 2,000 team members across seven states.

If you are excited about venturing into uncharted territories and are driven to being exceptional, Sierra Space has a place for you. We offer a broad range of diverse career opportunities across  various corporate sectors. Join our team and collaborate with like-minded individuals who share a common goal: shaping the future of space exploration while advancing the greater good. Dare to dream at SierraSpace.com/Careers.

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Maersk doubles down on growth in Australia with Omnichannel Fulfilment

A.P. Moller-Maersk AS (OTC: AMKBY) is strengthening its omnichannel-fulfilment capabilities in Australia, with the opening of seven new facilities across the country. As the integrated container and logistics company celebrates its 30th anniversary in Australia, plans are in place to grow its already extensive operations and land-side capabilities.

The seven new facilities are being delivered over the 12 months to Q1 2024 as part of Maersk’s global integrator strategy with clear opportunities identified to expand the regional logistics landscape. This will bring the company’s total number of sites in Australia to eight in total, serviced by 550 full-time employees. Four sites opened earlier this year and three more are coming online between now and Q1 2024. Two of these facilities were integrated into the Maersk network as part of its acquisition of LF Logistics.

Maersk boasts five gateway ports and owned warehouse services in Sydney, Melbourne and Brisbane, with additional co-owned warehouse services in Perth and Adelaide. Maersk’s addition of seven facilities in Australia brings its footprint from 15,900 sqm in Q1 2023 to 142,500 sqm by end of Q1 2024, adding a total of 126,600 sqm in 12 months.

Six of the seven new sites will be omnichannel facilities, harnessing a variety of channels to interact with customers to fulfil orders. Omnichannel capabilities provide Maersk with better levels of availability and service, reduced working capital and better efficiency. It allows for an improved focus on sustainability by utilising renewable energy sources such as solar panels, smart power management systems and low energy consumption equipment.

The recent opening of Maersk’s Derrimut facility in Melbourne harnesses progressive AI technology to automate current warehousing processes. The facility caters to booming e-commerce fulfilment needs, as well as offering logistics solutions for different industries, including Footwear and Apparel, Beauty and Wellness, Healthcare, and Luxury Fashion products across Australia.

As part of Maersk’s expansion in Australia, exclusive new offerings to customers include the Flex Hub service, which enables customers to reduce warehousing costs and reduce time to market by placing products closer to their end customer markets.

The Captain Peter for reefer containers service allows customers to see the temperature inside reefer containers carrying their produce, allowing them to change it as needed, giving customers more control of how their frozen or refrigerated goods are managed while in transit with Maersk.

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.

 

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Boeing enhanced AH-64E Apache helicopter completes first flight

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.

 

 

 

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Airbus and Republic of Singapore successfully complete air to air refuelling flight test

Getafe, Madrid, Spain, October 11, 2023 – Airbus Group SE (Paris: AIR) and the Republic of Singapore Air Force (RSAF) worked together to successfully complete the automatic air-to-air refuelling (A3R) flight test campaign with the Airbus A330 Multi Role Tanker Transport (MRTT) and F-15 fighter, ahead of its certification in the first half of 2024.

Over the course of three weeks in August, a RSAF A330 MRTT made more than 500 automated wet and dry contacts with the air force’s full fleet of receiver aircraft, including the F-15SG aircraft, a customised variant of the US-built F-15E Strike Eagle air-to-ground fighter jet.

The flight tests with F-15SG were conducted in Singapore, covering the whole operational AAR envelope in different weather conditions under the supervision of the Spanish certifying authority, called INTA (National Institute for Aerospace Technology).

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

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

 

 

 

 

 

 

KiwiRail announces changes to avoid repeat of Wellington rail disruption

September 3, 2023

KiwiRail has welcomed the Government’s rapid review into its handling of disruptions to passenger services in Wellington earlier this year and has already moved to change its systems.

Improvements made include:

  • Use of the TEC to achieve network compliance is now part of a wider Infrastructure Integrated Plan, with a longer-term (12 month) plan around its use nationally. While there have been detailed operating plans for each area the TEC assesses, this change introduces a national level of oversight, linked into when track safety cases expire.
  • Developing robust processes and procedures around the escalation, prioritisation and approvals required where the TEC schedule cannot be met.This is an important backup if it is looking unlikely the TEC will be able to carry out required work in time. The issues that resulted in the Wellington disruption were escalated too late for KiwiRail to take effective action to avoid the speed restriction being put on the Kāpiti Line.
  • Developing better resilience around the TEC, through a review of the tasks needed to ensure its successful operation – including a review of existing staff resourcing and formalising training processes. This is to ensure the TEC is able to operate effectively.
  • Reviewing the maintenance programme for the TEC. The TEC is 41 years old and will be replaced in FY2027. A procurement process for a new vehicle is well underway. The maintenance programme review, and any changes that come from it, will help ensure the TEC can continue operating reliably until the new vehicle arrives.

General Manager Metros Jon Knight says KiwiRail has made a huge commitment to the local commuter rail network, and will work hard to deliver on the Government’s investment.

 

 

Texas Central and Amtrak Seek to Explore High-Speed Rail Service Opportunities

Washington, D.C. – Texas Central Partners (“Texas Central”) and Amtrak are seeking opportunities to advance planning and analysis work associated with the proposed Dallas-Houston 205-mph high-speed rail project to further determine its viability. Amtrak has cooperated with Texas Central on various initiatives since 2016 and the two entities are currently evaluating a potential partnership to further study and potentially advance the project.

The proposed approximately 240-mile route would offer a total travel time of less than 90 minutes between two of the top five major U.S. metropolitan areas and would complement future, new and improved corridor and long-distance service in the southern region.

Texas Central and Amtrak have submitted applications to several federal programs in connection with further study and design work for the potential Dallas to Houston segment, including the Consolidated Rail Infrastructure Safety and Improvements (CRISI) grant program, the Corridor Identification and Development program, and the Federal-State Partnership for Intercity Passenger Rail (FSP-National) grant program.

Amtrak has worked with Texas Central since 2016 when it entered into agreements to provide through-ticketing using the Amtrak reservation system and other support services for the planned high-speed rail line.

In addition to current Amtrak service in Texas and planned station improvements, Amtrak submitted grant applications for daily Sunset Limited service and the extension of the Crescentfrom Mississippi through Louisiana and Texas. Amtrak supports Kansas DOT’s Heartland FlyerExtension Corridor Identification and Development (Corridor ID) application that will connect Wichita and communities across Kansas, Oklahoma, and Texas to the Amtrak network. Amtrak also supports Texas DOT’s applications for the Texas Triangle (Dallas – Fort Worth – Houston – San Antonio) routes.

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