Back to news

October 19, 2023 | International, Aerospace

Exclusive: Hitachi set to win EU okay for $1.8 bln Thales deal, sources say | Reuters

Hitachi is set to win EU antitrust approval for its 1.7-billion-euro ($1.8 billion) acquisition of Thales' GTS railway signalling business on the condition it sells assets in France and Germany, three people familiar with the matter said on Thursday.

https://www.reuters.com/markets/deals/eu-antitrust-regulators-okay-18-bln-hitachi-thales-deal-sources-say-2023-10-19/

On the same subject

  • BAE Systems receives $493 million U.S. Army contract to produce additional M109A7 Self-Propelled Howitzers and M992A3 Ammunition Carrier

    August 5, 2024 | International, C4ISR, Security

    BAE Systems receives $493 million U.S. Army contract to produce additional M109A7 Self-Propelled Howitzers and M992A3 Ammunition Carrier

    This contract award includes production and delivery between August 2025 and July 2026.

  • Pour Airbus, la crise ukrainienne constitue un défi et une opportunité - L'AGEFI

    March 11, 2022 | International, Aerospace

    Pour Airbus, la crise ukrainienne constitue un défi et une opportunité - L'AGEFI

    L’approvisionnement en titane représente le principal risque pour l’avionneur, dont les activités dans la défense connaîtront des retombées positives.

  • Textron Aviation announces furlough of thousands of workers

    March 19, 2020 | International, Aerospace

    Textron Aviation announces furlough of thousands of workers

    By: Valerie Insinna WASHINGTON — Textron Aviation is furloughing more than 7,000 workers in the hopes of containing the spread of coronavirus, the company announced Wednesday. Textron Aviation mostly produces commercial business jets, turboprops and piston-engine aircraft through its Beechcraft, Cessna and Hawker brands. However, it also produces a number of military-specific aircraft, such as the Beechcraft T-6 Texan trainer used for basic pilot training by the U.S. Air Force and the AT-6 Wolverine, a weaponized version of that aircraft, and the Scorpion jet. News of the furlough was first reported by The Wichita Eagle, which also detailed number of workers slated to lose work. Textron has declined to specify how many workers will be furloughed or the functional areas of the business that will be impacted. Textron Aviation spokeswoman Sarah White said support for contracts would move forward, though with few details. The Air Force on Monday awarded Textron Aviation a $70 million contract for two AT-6 planes, training and support. That aircraft is manufactured at its plant in Wichita, Kan. “We are abiding by the requirements established by the DoD and our partner nations, as well as the protocols implemented across U.S. and customer bases worldwide,” she said in a written statement to Defense News. “We will continue to support our Defense customers according to our funded contract requirements.” More generally speaking, the furlough “will allow us to do our part in mitigating and containing the spread of the COVID-19 through social distancing, while continuing to support our customers,” White said. The company is also “limiting large group meetings, increasing daily cleaning of its facilities, restricting travel, and cancelling our participation in several global meetings and events” in response to the pandemic. The furlough will last from March 23 until May 29, but each impacted employees will only lose four weeks of work, she said. https://www.defensenews.com/coronavirus/2020/03/18/textron-aviation-announces-furlough-of-thousands-of-workers

All news