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On the same subject

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  November 28, 2018 | International, Aerospace, Land

  United Technologies is breaking into 3 independent companies

  By: The Association Press NEW YORK — United Technologies is breaking itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins. The company's announcement Monday was the latest by a sprawling industrial conglomerate deciding it will be more efficient and focused as smaller, separate entities. "Our decision to separate United Technologies is a pivotal moment in our history and will best position each independent company to drive sustained growth, lead its industry in innovation and customer focus, and maximize value creation," said United Technologies CEO Gregory Hayes. The three companies will be United Technologies, which will house its aerospace and defense industry supplier businesses; Otis, the maker of elevators, escalators and moving walkways; and the Carrier air conditioning and building systems business. The separation is expected to be completed in 2020, United Technologies said. On Friday, United Technologies said it received final regulatory approval for its deal for Rockwell Collins, a Cedar Rapids, Iowa-based maker of flight deck avionics, cabin electronics and cabin interiors. The newly minted combined aerospace business would have had sales of about $39 billion last year, United Technologies said. Hayes will stay on as CEO of the aerospace business. The company did not name leaders for the separated Otis and Carrier businesses. Founded in 1934, United Technologies is based in Farmington, Connecticut, and currently employs about 205,000 people. It did not say if any jobs would be lost in the breakup. The company got embroiled in politics in 2016 when then-presidential candidate Donald Trump criticized plans to close a Carrier plant in Indianapolis and shift production to Mexico. Weeks after Trump won the election, Carrier announced an agreement brokered by the president-elect to spare about 800 jobs in Indianapolis, where the company has pledged to keep nearly 1,100 jobs. That's down from the approximately 1,600 factory, office and engineering jobs at the facility. https://www.defensenews.com/industry/2018/11/27/united-technologies-is-breaking-into-3-independent-companies

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  July 30, 2020 | International, Aerospace

  L’Allemagne prolonge son contrat avec Airbus sur les drones Heron 1

  Airbus a annoncé que la Bundeswehr, à travers le BAAINBw (Federal Office of Bundeswehr equipment, information technology and in-service support) avait renouvelé son contrat avec l'industriel dans le cadre de la mise en œuvre des drones Heron 1. Cet accord couvre les opérations de drones menées en Afghanistan et au Mali et s'étend désormais jusqu'à l'été 2021, avec une option permettant d'étendre la durée jusqu'en juillet 2022 pour le second thé'tre. Air & Cosmos du 29 juillet 2020

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  September 30, 2019 | International, Naval, Land

  BAE awarded $50.3M for nuclear missile work for U.S., Britain

  ByTauren Dyson Sept. 26 (UPI) -- BAE Systems Technology Solutions and Services has received a new contract for services on the nuclear weapon systems aboard U.S. and British submarines. The $50.3 million contract, the Department of Defense announced Wednesday, covers services on Trident II D5 strategic weapon system programs, submarine guided-missile attack weapons systems, nuclear weapon surety and future concepts for both nations. In early-September, the Navy launched four unarmed test Trident II missiles off the coast of Southern California as part of a Commander Evaluation Test to gauge performance expectation of the Trident II strategic weapon system. The Trident II D5 strategic weapon system is equipped aboard Ohio-class submarines and carries up to 24 missiles. The Polaris Sales Agreement requires the system to be aboard the Vanguard-class submarines used by the U.K. Navy, as well. The Trident missiles have a range of 4,000 nautical miles capable of carrying multiple W76-Mk4/Mk4A or W88-Mk5 reentry bodies. They were initially planned to be phased out of use by 2024 but the system went through a life-extending program to keep them operational through the 2040s. Work under the new contract is expected to be completed by Sept. 30, 2020. https://www.upi.com/Defense-News/2019/09/26/BAE-awarded-503M-for-nuclear-missile-work-for-US-Britain