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Post Tagged with: "aerospace"

Boeing Makes Best-And-Final Contract Offer to SPEEA

Boeing Makes Best-And-Final Contract Offer to SPEEA

Boeing today presented the Society of Professional Engineering Employees in Aerospace (SPEEA) union with its best-and-final contract offer, agreeing with the union’s approach to extend the terms of the previous contract for current employees. The proposed four year contract would roll forward the current agreement, except for proposals explicitly agreed upon by both parties during [...]

Bell Helicopter Participation At Airshow China Reflects Growing Presence

Bell Helicopter Participation At Airshow China Reflects Growing Presence

Bell Helicopter will have a strong presence at the 2012 China International Aviation & Aerospace Exhibition (Airshow China) as it continues to enhance its position in the growing Chinese aviation marketplace. Airshow China will take place in Zhuhai, Guangdong, China Nov. 13-18, 2012. “China is facing an unprecedented demand for training, support and products as [...]

Russia Tests Short-Range Interceptor Missile

Russia Tests Short-Range Interceptor Missile

Russia’s Aerospace Defense Force successfully tested a short-range anti-missile defense system on Tuesday, a Defense Ministry spokesman told RIA Novosti. “The Aerospace Forces and defense industry successfully tested a Russian short-range interceptor missile at Sary-Shagan range at 12.01 p.m. on Tuesday, October 16,” Col. Alexei Zolotukhin said. The launch was carried out to confirm the [...]

Termination of Talks Regarding the Merger of BAE Systems and EADS

Termination of Talks Regarding the Merger of BAE Systems and EADS

Following the announcements made by BAE Systems plc and EADS N.V. on 12 September 2012 in relation to a possible combination of their businesses through a dual listed company structure, BAE Systems and EADS announce that they have decided to terminate their discussions. BAE Systems and EADS believe that the merger was based on a [...]

Eurocopter’s Helicopters At the Japan Aerospace 2012 Exhibition

Eurocopter’s Helicopters At the Japan Aerospace 2012 Exhibition

The capabilities offered by Eurocopter’s current and future helicopter product lines for Japanese civil and governmental operators will be the company’s focus at the Japan Aerospace 2012 exhibition in Nagoya. Eurocopter’s exhibits will include flight demonstrations by the highly popular EC135 light twin-engine helicopter, as well as scale models of the EC175 and the X3 [...]

Defense Industry Continues to Shrink In First Half Of 2012

Defense Industry Continues to Shrink In First Half Of 2012

According to a new financial report from Deloitte, “Mid-year 2012 Top 20 Global Aerospace and Defense Company Financial Performance Analysis,” defense contractors in the top global aerospace and defense (A&D) companies experienced a 1.0 percent decrease in global revenues in 1H (first half) 2012, on top of the 3.3 percent decline in revenues in 2011. [...]

The Military Fighter Aircraft Market 2012-2022

The Military Fighter Aircraft Market 2012-2022

The military fighter aircraft market is set for a period of great activity over the coming decade, as the demand for 5th generation fighter jet capability continues among the world’s leading military nations. Budget restraints and spiralling costs related to fighter aircraft programmes will act as a drag on the market; however the advent of [...]

French EADS Shareholder Queries BAE Merger Plan

French EADS Shareholder Queries BAE Merger Plan

A minority French stakeholder in EADS has questioned the current terms of a proposed merger between the European aeronautics company and Britain’s BAE Systems. This and other queries may lead to failure of the project. The French industrial and media group Lagardere, which has a 7.5 percent stake in the European Aeronautic Defense and Space [...]

EU Requests to Impose Countermeasures Against the US

EU Requests to Impose Countermeasures Against the US

The European Union today asked the World Trade Organisation’s (WTO) Dispute Settlement Body to allow the imposition of countermeasures against the United States in the “Boeing case”. This follows the EU’s assessment that the United States had not lived up to its obligation to remove its illegal subsidies in the aircraft sector, as required by [...]

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