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  February 3, 2021 | International, Aerospace

  Dassault Aviation receives order for 12 Rafales for French Air and Space Force

  Saint-Cloud, January 29, 2021 – Eric Trappier, Chairman and CEO of Dassault Aviation, today signed a contract for the sale of 12 Rafale aircraft with Florence Parly, French Minister of the Armed Forces. These aircraft will replace the 12 Rafales of the French Air and Space Force (FASF) sold to the Hellenic Air Force. The contract was signed during a visit by the French Minister of the Armed Forces to the Argonay plant in Haute-Savoie which has produced the flight control systems for all Dassault aircraft since 1963. Dassault Aviation and its industrial partners would like to thank the French Ministry of the Armed Forces, the French defense procurement agency DGA and the Armed Forces for their renewed confidence. “This contract for 12 new aircraft will enable our Air and Space Force to continue the Rafale build-up while awaiting the fifth tranche, which is scheduled for delivery between 2027 and 2030. The contract is a great satisfaction for Dassault Aviation, Thales, Safran and the 500 French companies involved in the program, in the particularly difficult conditions facing our aeronautics sector in the context of the Covid crisis“, said Eric Trappier. ABOUT THE RAFALE The only totally “omnirole” aircraft in the world, able to operate from a land base or an aircraft carrier, capable of carrying 1.5 times its weight in weapons and fuel, the Rafale has been designed to perform the full spectrum of combat aircraft missions: Interception and air-to-air combat using a 30-mm gun, Mica IR/EM missiles and Meteor missiles. Close air support (CAS) using a 30-mm gun, GBU laser-guided bombs and AASM GPS-guided bombs. Deep strike using Scalp/Storm Shadow cruise missiles. Maritime strike using the Exocet AM39 Block 2 missile and other air-to-surface weapons. Real-time tactical and strategic reconnaissance using the Areos pod. Buddy-buddy in-flight refueling. Nuclear deterrence using the ASMP-A missile. The Rafale entered service with the French Navy in 2004 and with the French Air and Space Force (FASF) in 2006, gradually replacing the seven types of previous-generation combat aircraft. It has been combat proven in different theaters: Afghanistan, Libya, Mali, Iraq and Syria. Of the 192 aircraft ordered by France to date, 152 have been delivered. A total of 114 Rafales have been ordered by Egypt, Qatar, India and Greece. ABOUT DASSAULT AVIATION With over 10,000 military and civil aircraft (including 2,500 Falcons) delivered in more than 90 countries over the last century, Dassault Aviation has built up expertise recognized worldwide in the design, development, sale and support of all types of aircraft, ranging from the Rafale fighter, to the high-end Falcon family of business jets, military drones and space systems. In 2019, Dassault Aviation reported revenues of €7.3 billion. The company has 12,750 employees. View source version on Dassault Aviation: https://www.dassault-aviation.com/en/group/press/press-kits/dassault-aviation-receives-order-for-12-rafales-for-french-air-and-space-force/

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  August 14, 2019 | International, Aerospace

  Big A&D Firms Seem To Be Merging Or Acquiring—Where’s Honeywell?

  Michael Bruno United Technologies (UTC) and Raytheon are working hard to convince shareholders to approve their mega-merger. L3 Harris Technologies is riding high after its heritage companies consolidated recently. Industry insiders are making bets on who is next. But Honeywell International has been conspicuously absent in all the major merger and acquisition (M&A) moves in recent years. Why? Honeywell Aerospace chief executive Tim Mahoney recently explained how his company still plans to take advantage of the wave of consolidation hitting aerospace and defense. “We've looked,” Mahoney told an Aug. 7 investor conference. “We've never thought—and we continue to not think—that scale is a major discriminator and a differentiator within our marketplace. Having said that, you need to be large enough to be relevant, and we have been at that point. But scale is not something that is attractive or makes you more attractive from an OEM perspective or from an aftermarket perspective. We've continued to differentiate ourselves relative to value-added offerings.” Mahoney spoke during a live interview with analyst Sheila Kahyaoglu at the Jefferies Global Industrials Conference. While Honeywell has remained active with bolt-on acquisitions—including the July 24 announcement it will buy autopilot specialist TruTrak Flight Systems for an undisclosed amount—the company has not consummated a prime- or OEM-level deal and even walked away from talks with UTC in 2016. That same year, Honeywell did buy warehouse automation specialist Intelligrated for $1.5 billion. And Honeywell leaders have long assured Wall Street that they keep their eyes open in A&D, as Mahoney reaffirmed. But they have complained that valuations were too rich to be conducive to dealmaking. Mahoney also indicated that Honeywell could take advantage of the consolidation trend in another way. “We've actually gone back and looked at when there has been very significant consolidations, or two companies coming together,” he explained. “That has actually helped us from a market share perspective, because typically when there's a large-scale integration of two companies, those two companies become inwardly focused, which is understandable. “As a result, we've been opportunistic relative to that,” he continued. “If you look at our cockpit systems business or some of those areas where we've competed with some of the companies that have consolidated, our auxiliary power unit business, you would see that we've actually grown disproportionately larger during those time periods.” One area Honeywell is now focusing on growing is its new big-data analytics software Forge, which the company recently rolled out for airlines and other industrial companies (Aviation DAILY, June 6). While the software expectedly looks to provide aircraft operators with predictive maintenance, fuel optimization and other flight operation benefits, Honeywell is looking to add ground operations through an expanding experiment with Swissport, one of the world's largest airport ground service providers. Last December, Honeywell and Swissport signed a five-year agreement initially to apply Honeywell's GoDirect Ground Handling product used across Swissport's global operation base. Ben Driggs, president of Honeywell Connected Aircraft, told the investor conference that the goal is to achieve faster airplane turnarounds in the 20-40% of the time the aircraft is on the ground. He said the partnership is first being implemented in Kansai International Airport (KIX) for Osaka, Japan, with Miami, Basel, Switzerland and “numerous” other Swissport airports planned. https://aviationweek.com/defense/big-ad-firms-seem-be-merging-or-acquiring-where-s-honeywell

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  September 24, 2018 | International, Naval

  Sub builder Electric Boat injects millions into Groton expansion

  By: The Associated Press GROTON, Conn. — Submarine builder Electric Boat has announced plans for an $850 million shipyard expansion in Connecticut. The Day reports the company released plans for expanding its Groton shipyard Thursday as it prepares to build a new class of ballistic missile submarines. Electric Boat says it plans to construct a new assembly facility and a floating dry dock. The environmental consulting company helping with the project says the facilities will allow Electric Boat to bring the submarine materials to the site by water and help reduce construction traffic. Some residents have opposed the project, arguing that it will impact their waterfront views and lower their property values. Electric Boat says it looked at alternative sites, but none of them worked. Construction on the buildings is expected to start in 2019. https://www.navytimes.com/news/your-navy/2018/09/21/sub-builder-electric-boat-injects-millions-into-groton-expansion