(IN BRIEF) Saab has successfully delivered five next-generation TAIPAN artillery hunting radar systems to the British Army, replacing the older MAMBA radar. The advanced TAIPAN systems, now operational with the 5th Regiment Royal Artillery, offer improved deployment speed, mobility, and … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology, United Kingdom
Tagged Andy Fraser, Artillery Hunting Technology, British Army, partnership, Saab, sustainability, TAIPAN Radar Systems, UK
(IN BRIEF) GKN Aerospace is expanding its state-of-the-art aero-engine manufacturing facility in Trollhättan, Sweden by 5,000 square meters to meet growing demand in the aerospace industry. The facility will incorporate advanced digital processes, automation, and robotics, boosting production capacity for … Read the full press release
(IN BRIEF) Rolls-Royce is marking significant achievements for its T56 and AE 2100 engines, which have powered military aircraft for decades. The T56 engine, first flown in 1954, has surpassed 220 million flight hours, while the AE 2100 engine has … Read the full press release
(IN BRIEF) Swissport will require electric-powered vehicles for key ground support operations starting January 2025 as part of its goal to achieve 55% electric Ground Support Equipment (eGSE) by 2032. The company plans to invest over €1 billion in electric … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged electric-powered Ground Support Equipment (eGSE), partnership, sustainability, Swissport, Warwick Brady
(IN BRIEF) DHL Express is preparing for the 2024 peak season by investing over €100 million to boost its transport and handling capacity. The company will deploy eight new Boeing 777 freighters on key routes between Asia and Europe, improving … Read the full press release
(IN BRIEF) Siemens has partnered with DMG MORI and Renishaw to enhance its Siemens Xcelerator platform, offering new scalable solutions for machine tools. Renishaw’s tool condition monitoring system, combined with Siemens software, automates tool wear detection and improves manufacturing traceability. … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged digital transformation, DMG MORI, partnership, RENISHAW, Scalable Machine Tool Solutions, Siemens, sustainability, UK
(IN BRIEF) Hexagon’s Manufacturing Intelligence division has introduced the Leica Absolute Tracker ATS800, a new innovation designed to streamline quality inspections in large-scale manufacturing. By combining laser tracking and non-contact measurement, the ATS800 reduces inspection times from hours to minutes … Read the full press release
(IN BRIEF) Airbus SE has launched a share buyback program to acquire up to 4,254,000 shares by 31 March 2025, with the first phase targeting 2,127,000 shares by 31 October 2024. This buyback aims to support future employee share ownership … Read the full press release
Posted in Aviation & Aerospace, Business, Economy, Financial, France, Industrial, Investment, Management, Netherlands, News
Tagged Airbus, compensation plans, Employee Ownership, Financial, investment, Share Buyback Program
(IN BRIEF) Iraq has awarded Airbus Helicopters a contract for 12 H225M helicopters, marking a significant upgrade to its Army Aviation fleet. The deal, signed in Baghdad by Defence Minister Thabet al-Abbassi and French Ambassador Patrick Durel, aims to replace … Read the full press release
(IN BRIEF) Arianespace successfully launched the Sentinel-2C satellite on September 4, 2024, marking the final flight of the Vega rocket. The Sentinel-2C, part of the European Copernicus Earth observation program, was deployed into a Sun-synchronous orbit to provide crucial environmental … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, France, Government, Industrial, Investment, Management, News, Technology
Tagged Arianespace, Giulio Ranzo, Sentinel-2C Satellite, Simonetta Cheli, Stéphane Israël, Vega Launch
(IN BRIEF) On September 5, 2024, the European Space Agency successfully launched the Sentinel-2C satellite from Kourou, French Guiana, aboard a Vega rocket. This marks the third satellite in the Sentinel-2 constellation, part of the EU’s Copernicus Earth observation program. … Read the full press release
(IN BRIEF) Airbus Defence and Space has completed its acquisition of infodas, a German cybersecurity firm specializing in IT solutions for the public sector, including defense and critical infrastructure. This acquisition, now finalized with all regulatory approvals, aims to strengthen … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, France, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged acquisition, aerospace, Airbus, Cybersecurity, Defence, France, INFODAS, Karen Florschuetz
(IN BRIEF) The iTEC Alliance, consisting of eight major air navigation service providers across Europe and Canada, has launched the build phase of the iTEC SkyNex Air Traffic Control system. This new system aims to enhance efficiency, interoperability, and sustainability … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, Industrial, Investment, Management, News, Spain, Technology
Tagged air traffic control, Indra, iTEC Alliance, Marcel Bakker, partnership, Skynex
(IN BRIEF) Safran has acquired Preligens, an AI company specializing in defense and aerospace analytics, for €220 million. Preligens will be rebranded as Safran.AI and integrated into Safran Electronics & Defense. This acquisition strengthens Safran’s AI capabilities, particularly in surveillance … Read the full press release
(IN BRIEF) A student from the Technical University of Munich (TUM), Ilyasse Taame, participated in the Asclepios IV mission, a student-led space simulation in the Swiss Alps. The mission replicated a lunar mission, with six students living in an underground … Read the full press release
(IN BRIEF) CMA CGM AIR CARGO has launched its first transpacific service, connecting Hong Kong to Chicago, following the delivery of a new Boeing 777-200F on August 18, 2024. This marks a significant step in the company’s global expansion strategy, … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Transportation & Logistics, Travel
Tagged Boeing 777-200F, Chicago, CMA CGM AIR CARGO, Hong Kong, partnership, sustainablity, travel
(IN BRIEF) Cathay Group’s order for 30 Airbus A330-900 aircraft underscores its commitment to fleet modernization and sustainability. These new aircraft will enhance Cathay’s operational flexibility and fuel efficiency, supporting its regional and long-haul routes while contributing to its net-zero … Read the full press release
(IN BRIEF) Rolls-Royce has appointed Kimberly C. Hicks as General Counsel for Defence and Rolls-Royce North America. With her extensive experience in the Aerospace & Defence industry and a strong legal background, Kim will lead the global Defence General Counsel … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Government, Industrial, Management, News, United Kingdom
Tagged Adam Riddle, appointment, Defence, General Counsel, Kimberly C. Hicks, leadership, North America, Rolls-Royce
(IN BRIEF) Indra has approved the creation of Space NewCo and signed a contract to acquire Deimos from Elecnor, strengthening its capabilities in the space industry. Space NewCo will integrate Indra’s stake in Startical, enhancing its position in air traffic … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged acquisition, Deimos, Elecnor, Indra, partnership, Space NewCo, Space Strategy
(IN BRIEF) Safran Electronics & Defense is expanding its U.S. manufacturing capabilities for small satellite propulsion systems to meet growing market demand. The new Colorado facility will produce the EPS®X00 system, with first deliveries in Q1 2026, supporting both American … Read the full press release
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