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Lockheed Martin and Fincantieri Marinette Marine Awarded Contract to Build LCS 27.
MARINETTE, Wis., Oct. 9, 2017 /PRNewswire/ — The U.S. Navy awarded the Lockheed Martin (NYSE: LMT) and Fincantieri Marinette Marine (FMM) team a contract to build an additional LCS. The contract value is under the 2017 congressional cost cap of $584 million per ship. LCS 27 will be built at Fincantieri Marinette Marine, the Midwest’s only…
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Year to date global aviation snapshot (Source: ICAO)
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Pilatus PC-12 NG Continues to Lead Business Aircraft Market in Both Sales and Service
After delivering 91 units of its popular single engine turboprop PC-12 NG in 2016, Pilatus executives at NBAA’s Business Aviation Convention & Exhibition (NBAA-BACE) are optimistic that there are numerous growth opportunities around the world for it to sustain its sales leadership position. Earlier this year, in an independent survey conducted by Professional Pilot magazine,…
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EASA inaugurates Singapore office
Singapore 11 October 2017 – The European Aviation Safety Agency (EASA) officially opened on 11 October 2017 a regional office in Singapore. EASA’s Singapore office will strengthen the well-established partnership between the Civil Aviation Authority of Singapore (CAAS) and EASA, and will support the aviation industry from Singapore and Europe. The regional office will also…
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AW169 helicopter success in UK EMS market continues with selection by the Cornwall Air Ambulance Trust
Specialist Aviation Services selected by the Cornwall Air Ambulance Trust to provide an AW169 in 2019 This selection will increase the UK-based AW169 EMS fleet to eight aircraft Over 160 AW169s are on order and more than 40 in service worldwide Leonardo announced today that Specialist Aviation Services (SAS) of the UK has been…
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Victor, leading on-demand Jet Charter marketplace, closes $20m Series B investment.
Leading private jet charter business Victor secures $20m in Series B investment round led by BP Ventures – the investment arm of global energy company BP. Victor set to expand global footprint and develop B2B offering – helping realize vision of becoming an essential ‘full spectrum’ service platform for general aviation sector. Latest fundraising round…
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Boeing, Ruili Airlines Announce Commitment for 20 737 MAXs
Boeing [NYSE:BA] and Ruili Airlines today announced the signing of a Memorandum of Understanding for 20 737 MAX airplanes at the 2017 Paris Air Show. The airplanes, valued at approximately $2.2 billion at current list prices, will be posted to the Boeing Orders & Deliveries websiteonce all contingencies are cleared. “We are very excited about adding more 737…
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Lockheed Martin Gives $1 Million to Metropolitan State University to Grow Expertise in Advanced Manufacturing Technology
Lockheed Martin (NYSE: LMT) will announce today a $1 million grant to Metropolitan State University of Denver during the inauguration of the school’s new Aerospace and Engineering Sciences Building. The grant and work there will shape the workforce of the future in manufacturing affordable, capable, innovative spacecraft. The funds, distributed over four years, establish an on-campus Lockheed Martin Additive Manufacturing Laboratory,…
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The Brazilian Armed Forces take delivery of two H225Ms
In the last few weeks Helibras has delivered two H225Ms to the Brazilian Armed Forces. The first one –destined to the Army- has been delivered in the full operational configuration, including specially designed mission systems unique to the Army. Based in Taubaté and operated by the 1º BAvEx, this is the ninth H225M to integrate…
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Rolls-Royce expands service network for business aircraft
Rolls-Royce today announced that it is further expanding its global network of Authorised Service Centres (ASC) for its CorporateCare® customers. This ASC network forms an essential component of Rolls-Royce’s services portfolio for business aircraft and adds to its existing global aftermarket capabilities. Rolls-Royce now has 72 Authorised Service Centres in place with key maintenance providers…