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  • Space Industry Days: new opportunities for Canadian firms

    October 16, 2018 | Local, Aerospace

    Space Industry Days: new opportunities for Canadian firms

    LONGUEUIL, QC, Oct. 15, 2018 /CNW Telbec/ - From October 15 to 17, 2018, the Canadian Space Agency (CSA) is hosting Space Industry Days, during which European and American companies will present emerging opportunities to the Canadian space community. On those three days, Canadian industry and researchers will learn about future projects and network with representatives from Blue Origin, Moon Express and Airbus Defence and Space. They will also get the chance to promote their own Canadian space capabilities and expertise. Media are welcome to attend Moon Express's presentation. Date: Tuesday, October 16, 2018 Time: 8:30 a.m. ET What: Moon Express presentation Who: Gilles Leclerc, CSA Director General Space Exploration Robert (Bob) Richards, Moon Express Founder & CEO Alain Berinstain, Moon Express Vice President of Global Development Where: Canadian Space Agency 6767 Route de l'Aéroport Conference Centre Saint-Hubert, Quebec J3Y 8Y9 Website: http://asc-csa.gc.ca Follow us on social media SOURCE Canadian Space Agency For further information: Canadian Space Agency, Media Relations Office, Telephone: 450-926-4370, Email: ASC.Medias-Media.CSA@canada.ca Related Links http://www.asc-csa.gc.ca https://www.newswire.ca/news-releases/r-e-p-e-a-t----media-advisory---space-industry-days-new-opportunities-for-canadian-firms-697669451.html

  • Geopolitical Instability and the Need to Refresh Obsolete Fleets will Drive Recovery of Military and Public Services Helicopters Market

    October 16, 2018 | International, Aerospace

    Geopolitical Instability and the Need to Refresh Obsolete Fleets will Drive Recovery of Military and Public Services Helicopters Market

    NEWS PROVIDED BY Frost & Sullivan Commercial off-the-shelf solutions and modernisation strategies will ignite fresh growth opportunities, finds Frost & Sullivan LONDON, Oct. 16, 2018 /CNW/ -- After almost 10 years of stagnation and delayed programmes in key regions, the global market for military and public services helicopters is facing recovery. Growth is primarily driven by geopolitical tensions, replacing and upgrading obsolete helicopters, new development programs such as rotary unmanned aerial systems (UAS), and manned-unmanned teaming (MUM-T) of operations to strengthen battlefield readiness. "Ongoing deployment overseas and rising threats will drive market recovery and fuel demand for additional helicopters," said Alix Leboulanger, Senior Industry Analyst, Defence at Frost & Sullivan. "There will be a focus on commercial off-the-shelf (COTS) solutions to minimise training, sustain costs and improve adoption timeframes with modernisation plans preferred due to budget sensitivity and operational readiness requirements." For further information on this analysis, please visit: http://frost.ly/2uq Leboulanger recommends helicopter original equipment manufacturers (OEMs) look towards recent developments in the rise of UAS and their increasing operational usage on front lines. The development of rotary UAS has generated new opportunities for helicopter OEMs in terms of new platform developments and designs and is one of the most promising growth areas within this market. Five key trends creating growth opportunities in the market include: North America remains the biggest market for military helicopters; Operators are increasingly looking at optimising their fleets with fewer types and more operational capabilities; Global renewal cycles hold billions of dollars' worth of planned and forecasted opportunities in new procurements and modernisation programmes; Significant investment in MUM-T as joint deployments of manned and unmanned assets become the new standard; and Collaboration with non-traditional military players and start-ups involved in robotic fields to refine and improve UAS. "Despite stringent replacement requirements and operational readiness objectives pushing forward military helicopter replacement plans, financial recovery remains very fragile," noted Leboulanger. "Political uncertainty over international trade agreements and the reissuing of trade barriers could impact helicopter production lines and exports. Original equipment manufacturers need to consider new strategies for international competition and to retain traditional export customers." Frost & Sullivan's recent analysis, Global Military and Public Services Helicopters Market, Forecast to 2026, assesses disruptive trends, drivers and restraints, market share and the competitive environment for players such as Boeing, Sikorsky Aircraft, Airbus Helicopters, Bell Helicopters, Leonardo Helicopters, Hindustan Aeronautics, Russian Helicopters, MD Helicopters, and AVICOPTER, L-3 Technologies, and Lockheed Martin. Spending forecasts, key findings, and engineering measurements for segments such as attack, maritime, utility, transport, and public services helicopters are provided. Regional analysis includes Africa, Asia-Pacific, Central and South America, Europe, Central and South Asia, Middle East, and North America. About Frost & Sullivan For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Global Military and Public Services Helicopters Market, Forecast to 2026 MD6A_16 Contact: Jacqui Holmes Corporate Communications Consultant E: jacqui.holmes@frost.com Twitter: @FrostADS LinkedIn: Frost & Sullivan's Aerospace, Defence and Security Forum http://ww2.frost.com SOURCE Frost & Sullivan https://www.newswire.ca/news-releases/geopolitical-instability-and-the-need-to-refresh-obsolete-fleets-will-drive-recovery-of-military-and-public-services-helicopters-market-697658971.html

  • Most F-35s return to flight operations after fuel tube problem

    October 16, 2018 | International, Aerospace

    Most F-35s return to flight operations after fuel tube problem

    By: Valerie Insinna WASHINGTON — After a fuel tube problem sidelined all operational F-35 aircraft last week, more than 80 percent of jets have been cleared to return to flight, the F-35 joint program office stated Monday. In a Oct. 15 statement, the JPO confirmed that the U.S. services and international partners have completed inspections of their F-35 inventories for faulty fuel tubes. The aircraft that are not impacted by the bad tubes — which are a component in Pratt & Whitney's F135 engine — are back in flying status. “The F-35 Joint Program Office continues to work closely with the military services to prioritize fuel tube replacements using the current spares inventory,” the JPO said. “Pratt & Whitney is rapidly procuring more parts to minimize the overall repair timeline for the remaining jets. Current inventory will restore about half of the impacted jets to flight operations, and the remaining aircraft are expected to be cleared for flight over the coming weeks.” Last week, all U.S. and international F-35s were momentarily grounded to allow for an enterprise-wide fuel tube inspection. The review began as a result of an investigation into a Sept. 28 Marine Corps' F-35B crash near Marine Corps Air Station Beaufort in South Carolina — the first F-35 crash in the jet's history. It is still unclear exactly how the defective fuel tubes impact the jet's performance or how serious a safety threat they pose during flight operations. Joe DellaVedova, a spokesman for the JPO, declined to discuss the specific problems that led the program office to call for a fleetwide inspection, saying that details could not be released until the Marine Corps completes its accident investigation. Also still up in the air is whether the Pentagon or Pratt & Whitney will be stuck paying the tab for retrofitting the fleet. Spokesmen from the U.S. Air Force, Marine Corps and Navy declined to lay out exactly how many of their aircraft had been impacted by the faulty fuel tubes. However, as Lockheed Martin delivered its 300th F-35 in June, 20 percent of the operational F-35 fleet can be estimated to be about 60 aircraft across the U.S. and international operators. The JPO called the fuel tube problem an “isolated incident” that would not impact F-35 deliveries. A total of 91 F-35s are planned to be delivered to the U.S. military and foreign customers this year. “The primary goal following any mishap is the prevention of future incidents,” the office said. “We will take every measure to ensure safe operations while we deliver, sustain and modernize the F-35 for the warfighter and our defense partners.” The problem with the defective fuel tubes is the latest in a string of recent supply chain issues that have plagued F-35 prime contractor Lockheed Martin and engine manufacturer Pratt & Whitney, and comes as Defense Secretary Jim Mattis sent a memo directing the Air Force, Marine Corps and Navy to boost the F-35′s mission capable rate to 80 percent. The Pentagon halted F-35 deliveries in March amid disagreements over whether the department or Lockheed should foot the bill for retrofitting part of the fleet that had not received corrosion-preventing primer in certain fastener holes. Deliveries resumed in May once the parties hammered out an agreement — although it was never revealed to the public exactly how the expenses would be paid off. In 2016, certain F-35As were grounded after it was found that coolant lines inside the jets' fuel tanks were rimmed with faulty insulation, which was prone to disintegrating. https://www.defensenews.com/air/2018/10/15/most-f-35s-return-to-flight-operations-after-fuel-tube-problem

  • CAE releases its first Business Jet Pilot Demand Outlook: 50,000 new business jet pilots required over the next 10 years

    October 16, 2018 | Local, Aerospace

    CAE releases its first Business Jet Pilot Demand Outlook: 50,000 new business jet pilots required over the next 10 years

    CAE released today at the 2018 National Business Aviation Association (NBAA) convention and exhibition its 2018 CAE Airline and Business Jet Pilot Demand Outlook. This is an update to last year's report, which provides, for the first time, a business jet pilot demand forecast. The renewed 10-year view offers fleet operators key insights on the future need for professional pilots in both business and commercial aviation, building on the markets' key drivers, variables and trends. The report demonstrates that the active business jet pilot population will reach 65,000 by 2028, which represents an increase of 18%, with a turnover rate of almost 100%. More specifically, 10,000 new business jet pilots will be required to sustain growth and 40,000 new business jet pilots will be needed to support retirement attrition across the segment over the next decade. “The CAE Airline and Business Jet Pilot Demand is a one-of-a kind report. Our 2018 update builds on last year's analysis while introducing for the first time a business jet pilot forecast and shedding light on ways the aviation industry can cope with this demand,” said Marc Parent, CAE's President and Chief Executive Officer. “Today's soaring pilot demand is a reality that we must all face. As the leading training organization in the world, we are honoured to offer our partners the training solutions they need to face this rising demand.” The 2018 CAE Airline and Business Jet Pilot Demand Outlook is available for download at www.cae.com/civil-aviation. https://www.cae.com/news-events/press-releases/cae-releases-its-first-business-jet-pilot-demand-outlook-50000-new-business-jet-pilots-required-over-the-next-10-years

  • U.S. Navy extends sustainment and support contract with Rockwell Collins for F/A-18 avionics displays

    October 16, 2018 | International, Aerospace

    U.S. Navy extends sustainment and support contract with Rockwell Collins for F/A-18 avionics displays

    Navy experiencing 99 percent availability rates as a result of the program demonstrates success of Public Private Partnership between Rockwell Collins and U.S. Navy Depots CEDAR RAPIDS, Iowa (Oct. 16, 2018) – Rockwell Collins and the U.S. Navy Naval Supply Systems Command Weapon Systems Support (NAVSUP WSS) have renewed an agreement for continued support on avionics displays for the Navy's F/A-18 fleet of over 1,200 aircraft. The contract is a four-year extension of the performance-based logistics (PBL) contract which started more than 15 years ago. To date, the existing PBL agreement with Rockwell Collins has provided the Navy with over 99 percent availability rates, eliminated all backorders on parts since 2005 and performed a turnaround time of less than 48 hours for most replacement hardware. As part of the initial program, a public-private partnership was established. The partnership creates shared industry and government incentives and allows the government to perform work at two Navy depot locations. Today, more than 60 percent of the work is completed through these depot partnerships. Additionally, Rockwell Collins provides obsolescence and configuration management, engineering support and program management. These capabilities facilitate proactive management of Rockwell Collins equipment installed on the aircraft, enabling mission readiness. “The longstanding relationship we have with NAVSUP WSS and Navy repair depots has been crucial in the success of this program,” said Aaron Maue, senior director, Government Service Solutions for Rockwell Collins. “As we move forward, we'll continue to work together to optimize results and deliver the long-term value that PBLs provide.” Rockwell Collins has over 20 years of experience in PBL contracting with a 100 percent program renewal rate. The company's proven track record in PBL contracts has shown they improve reliability and readiness, and by integrating the logistics chain, significant results for performance can be achieved. About Rockwell Collins Rockwell Collins (NYSE: COL) is a leader in aviation and high-integrity solutions for commercial and military customers around the world. Every day we help pilots safely and reliably navigate to the far corners of the earth; keep warfighters aware and informed in battle; deliver millions of messages for airlines and airports; and help passengers stay connected and comfortable throughout their journey. As experts in flight deck avionics, cabin electronics, cabin interiors, information management, mission communications, and simulation and training, we offer a comprehensive portfolio of products and services that can transform our customers' futures. To find out more, please visit www.rockwellcollins.com. https://www.rockwellcollins.com/Data/News/2018-Cal-Yr/GS/20181016-US-Navy-extends-sustainment-support-contract-F-18-avionics.aspx

  • GE and ATEC Vying for U.S. Army Helicopter Engine Program

    October 16, 2018 | International, Aerospace

    GE and ATEC Vying for U.S. Army Helicopter Engine Program

    General Electric [GE] and Advanced Turbine Engine Company (ATEC) touted the capabilities of their respective engines in the quest by the U.S. Army to find new engines for the AH-64 Apache and UH-60 Black Hawk fleets under the Improved Turbine Engine Program (ITEP).ATEC... http://www.defensedaily.com/ge-atec-running-hot-us-army-helicopter-engine-upgrades/

  • TransDigm to Acquire Esterline Technologies in $4 Billion All Cash Transaction

    October 16, 2018 | International, Aerospace

    TransDigm to Acquire Esterline Technologies in $4 Billion All Cash Transaction

    CLEVELAND, OH and BELLEVUE, WA., October 10, 2018 /PRNewswire/GlobeNewswire -- TransDigm Group Incorporated (NYSE: TDG) and Esterline Technologies Corporation (NYSE:ESL) announced today that they have entered into a definitive agreement under which TransDigm will purchase all of the outstanding shares of common stock of Esterline for $122.50 per share in cash, which represents a premium of 38% to Esterline's closing price on October 9, 2018, or a total transaction value of approximately $4.0 billion including the assumption of debt. The transaction has been approved by the Boards of Directors of both companies. TransDigm expects the acquisition to be financed primarily through cash on hand and the incurrence of new term loans, and currently anticipates the acquisition to be modestly accretive to TransDigm's adjusted earnings per share within the first year of ownership. The acquisition of Esterline expands TransDigm's platform of proprietary and sole source content for the aerospace and defense industries, including significant aftermarket exposure. Headquartered in Bellevue, Washington, Esterline is an industry leader in specialized manufacturing for these sectors with anticipated fiscal year 2018 revenue of approximately $2.0 billion. The company consists of 28 business units organized across eight platforms to deliver specialty aerospace, defense and industrial products. The company employs over 12,500 employees in more than 50 operating locations throughout the world. Esterline has attractive platform positions in both the OEM and aftermarket and has substantial content on many important commercial aircraft variants, many regional and business jet aircraft and major defense platforms. “We are pleased to have reached agreement to acquire a collection of businesses that fit well with our focused and consistent strategy,” stated W. Nicholas Howley, TransDigm's Executive Chairman. “Esterline's core aerospace and defense business consists of primarily proprietary, sole source products with significant and growing aftermarket exposure. We view this as highly complementary to our existing business. We are confident that the combination of Esterline's leading positions and our proven track record of driving performance will enable us to deliver the private equity-like returns our investors have come to expect from this investment." Kevin Stein, TransDigm's President and Chief Executive Officer stated, “We are excited to acquire Esterline's wide range of complementary products and see a path to create significant value for TransDigm shareholders, customers and stakeholders. Upon completion of the transaction, Bob Henderson, TransDigm's current Vice-Chairman, will oversee the integration and operations of Esterline. Mr. Henderson has been a key member of TransDigm's management team for close to 25 years and has overseen the integration of numerous acquisitions during this period, including our recent acquisition of Kirkhill from Esterline.” “Our combination with TransDigm delivers a compelling value for our shareholders,” said Curtis Reusser, Chairman, President and Chief Executive Officer of Esterline. “I am pleased with the outcome of our thoughtful strategic review process, and we believe it is the best result for all Esterline stakeholders. I am very proud of the commitment and focus of our employees to serving the needs of our customers, and I am confident the combined companies will be well positioned to succeed in the global market we serve.” The acquisition will be financed through a combination of existing cash on hand of approximately $2 billion and the incurrence of new term loans. TransDigm has obtained commitments for the full amount of financing required for the transaction. Immediately upon closing, the combined company will maintain the financial flexibility to meet any anticipated operating, acquisition, and other opportunities that may arise though a combination of cash on hand, undrawn revolver, and under certain circumstances, additional availability under its credit agreement. The transaction is subject to customary closing conditions, including Esterline stockholder approval and the receipt of required regulatory approvals. The companies expect to complete the transaction in the second half of calendar 2019. Advisors Morgan Stanley & Co. LLC acted as financial advisor to TransDigm. Wachtell, Lipton, Rosen & Katz and Baker & Hostetler LLP acted as TransDigm's lead legal counsel. Goldman Sachs & Co. LLC acted as financial advisor to Esterline and Evercore Group L.L.C. served as advisor to Esterline's Board of Directors. Skadden, Arps, Slate, Meagher & Flom served as legal counsel to Esterline. Conference Call TransDigm will hold a conference call to discuss this announcement beginning at 10:45 a.m. ET Wednesday, October 10. To join the call, dial (888) 558-9538 and enter the passcode 5278399. International callers should dial (760) 666-3183 and use the same passcode. A slideshow accompanying the presentation will be posted to http://www.transdigm.com prior to the call. A telephone replay will be available for one week by dialing (855) 859-2056 and entering the pass code 5278399. International callers should dial (404) 537-3406 and use the same passcode. About TransDigm Group TransDigm Group Incorporated, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, NiCad batteries and chargers, engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, cockpit security components and systems, specialized cockpit displays, aircraft audio systems, specialized lavatory components, seatbelts and safety restraints, engineered interior surfaces and related components, lighting and control technology, military personnel parachutes, high performance hoists, winches and lifting devices, and cargo loading, handling and delivery systems. About Esterline Esterline Corporation is a leading worldwide supplier to the aerospace and defense industry specializing in three core business segments: Advanced Materials; Avionics & Controls; and Sensors & Systems. Operations within the Advanced Materials segment focus on technologies including high-temperature-resistant materials and components used for a wide range of military and commercial aerospace purposes, and combustible ordinance and electronic warfare countermeasure products. Operations within the Avionics & Controls segment focus on technology interface systems for commercial and military aircraft and similar devices for land- and sea-based military vehicles, integrated cockpit systems, display technologies for avionics, training and simulation markets, secure communications systems, specialized medical equipment, and other high-end industrial applications. The Sensors & Systems segment includes operations that produce high-precision temperature and pressure sensors, specialized harsh-environment connectors, electrical power distribution equipment, and other related systems principally for aerospace and defense customers. Forward-Looking Statements Statements in this press release which are not historic facts are forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to expectations of Esterline's future performance, profitability, growth and earnings; expectations of TransDigm's earnings per share and the financial impact of the proposed transaction; the financing of the proposed transaction; and the timing of the proposed transaction. All statements other than statements of historical fact that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements, including, in particular, statements about our plans, objectives, strategies and prospects regarding, among other things, the acquired business. We have identified some of these forward-looking statements with words like "believe," "may," "will," "should," "expect," "intend," "plan," predict," "anticipate," "estimate" or "continue" and other words and terms of similar meaning. All forward-looking statements involve risks and uncertainties which could affect TransDigm's actual results and could cause its actual results or the benefits of the proposed transaction to differ materially from those expressed in any forward-looking statements made by, or on behalf of TransDigm. These risks and uncertainties include, but are not limited to, closing conditions to the proposed transaction may not be achieved, the occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement, the effect of the announcement or pendency of the proposed transaction on the TransDigm's and Esterline's business relationships, operating results and business generally, risks related to diverting management's attention from ongoing business operations, the outcome of any legal proceedings that may be instituted related to the Merger Agreement or the proposed transaction, unexpected costs, charges or expenses resulting from the proposed transaction, Esterline's actual financial results for the year ended September 28, 2018 may differ from expected results, TransDigm may have difficulty obtaining required approvals, TransDigm may have difficulty implementing its strategic value drivers, and TransDigm may be impacted by the effects of general economic and industry conditions. Except as required by law, TransDigm undertakes no obligation to revise or update the forward-looking information contained in this press release. Additional Information and Where to Find It This communication is being made in respect of the proposed transaction involving Transdigm and Esterline. In connection with the proposed transaction, Esterline intends to file relevant materials with the Securities and Exchange Commission (the “SEC”), including a preliminary proxy statement on Schedule 14A. Promptly after filing its definitive proxy statement with the SEC, Esterline will mail the definitive proxy statement and a proxy card to each stockholder of Esterline entitled to vote at the stockholder meeting relating to the proposed transaction. This communication is not a substitute for the proxy statement or any other document that Esterline may file with the SEC or send to its stockholders in connection with the proposed transaction. BEFORE MAKING ANY VOTING DECISION, STOCKHOLDERS OF ESTERLINE ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE PROPOSED TRANSACTION THAT ESTERLINE WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT ESTERLINE AND THE PROPOSED TRANSACTION. The definitive proxy statement, the preliminary proxy statement and other relevant materials in connection with the proposed transaction (when they become available), and any other documents filed by Esterline with the SEC, may be obtained free of charge at the SEC's website (http://www.sec.gov) or at Esterline's website (http://www.esterline.com/) or by contacting Esterline's Investor Relations at 500 108th Avenue NE, Suite 1500, Bellevue, Washington 98004, or by calling (425) 453-9400. Participants in the Solicitation Esterline and TransDigm and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from Esterline's stockholders with respect to the proposed transaction. Information about Esterline's directors and executive officers and their ownership of Esterline's common stock is set forth in its proxy statement for its 2018 Annual Meeting of Stockholders which was filed with the SEC on December 27, 2017, and its Annual Report on Form 10-K for the fiscal year ended September 29, 2017, which was filed with the SEC on November 21, 2017, and the Amendment No. 1 on Form 10-K/A, which was filed with the SEC on March 30, 2018. Information about TransDigm's directors and executive officers is set forth in its proxy statement for its 2018 Annual Meeting of Stockholders and its most recent Annual Report on Form 10-K. These documents may be obtained for free at the SEC's website at www.sec.gov. Additional information regarding the potential participants, and their direct or indirect interests in the proposed transaction, by security holdings or otherwise, will be set forth in the proxy statement and other materials to be filed with SEC in connection with the proposed transaction. Contact: TransDigm Esterline Liza Sabol John Hobbs Director of Investor Relations Sr. Director, Investor Relations (216) 706-2945 (425) 453-9400 ir@transdigm.com https://www.esterline.com/Newsnbsp;PressCenter/EntryId/6232/TransDigm-to-Acquire-Esterline-Technologies-in-4-Billion-All-Cash-Transaction.aspx

  • TRU and FlightSafety International Announce a Joint Venture to Offer a Combined Training Solution on Textron Aviation Platforms

    October 16, 2018 | Local, Aerospace

    TRU and FlightSafety International Announce a Joint Venture to Offer a Combined Training Solution on Textron Aviation Platforms

    Goose Creek, S.C. —October 15, 2018— TRU Simulation + Training, a Textron Inc. (NYSE: TXT) company, and FlightSafety International have entered into a letter of intent to form a joint venture to provide the industry-leading training solution for Textron Aviation‘s broad product line of business and general aviation aircraft. TRU and FlightSafety will combine their assets and capabilities, including their simulators, courseware, and world-class teams, to support their global customers' training needs. “The combination of our training capabilities will enable us to provide best-in-class pilot and maintenance training programs to our customers around the world,” said David Davenport, Co-CEO and President, Commercial, FlightSafety International. “For more than 40 years FlightSafety has served Textron Aviation customers, and this venture will allow us to offer more flexible training options leveraging the capabilities of both organizations. We also want to recognize Bruce Whitman's significant contributions. He was instrumental in the initial planning and actively participated in the development of this important agreement. As always, Bruce's focus was to ensure that the joint venture would benefit our customers and enhance the training they receive.” “The new joint venture will enhance our ability to service our growing customer base,” said Gunnar Kleveland, president of TRU Simulation + Training Inc. “With Textron Aviation continuing to expand its product portfolio with aircraft such as the Latitude, Longitude, Hemisphere, Denali and SkyCourier, it is critical we provide the full scope of training services our customers require. This joint venture will allow us to better address that demand.” TRU will serve as the exclusive supplier of new Textron Aviation simulators to the joint venture. TRU will also continue its other operations, including the design and manufacture of training simulators and provide training solutions for the global aviation industry and military customers. The transaction is expected to close in the next several months, subject to finalizing definitive documentation and regulatory approval. https://www.trusimulation.com/news/10-15-2018/tru-and-flightsafety-international-announce-joint-venture-offer-combined-training-solution-textron

  • Air2030: A la rencontre de SAAB et du Gripen E

    October 15, 2018 | International, Aerospace

    Air2030: A la rencontre de SAAB et du Gripen E

    Alexis Pfefferlé Lancement des rencontres BtoB Jeudi 11 octobre 2018, Lausanne. Première journée incontournable pour l'industrie suisse de la défense. A l'initiative du Groupe romand pour le matériel de Défense et de Sécurité (GRPM) , de Swissmem, l'association faîtière des PME et des grandes entreprises de l'industrie suisse des machines, des équipements électriques et des métaux (industrie MEM) et du Bureau des affaires compensatoires à Berne, se tenait la première journée BtoB (Business to Business) dans le cadre de l'appel d'offre du programme Air2030. Pour rappel, le programme Air2030 est en substance le projet d'acquisition par l'armée suisse de nouveaux jets de combat et d'un nouveau système de défense sol-air de longue portée sous la forme d'un arrêté de planification pour un coût maximal de 8 milliards de francs. Au contraire de la votation de 2014 sur le Gripen, le peuple ne se prononcera cette fois pas sur le modèle d'avion mais uniquement sur l'enveloppe budgétaire souhaitée par le Département de Guy Parmelin. Suite à l'appel d'offre lancée par Armasuisse en juillet 2017 pour la partie avions de combats, cinq constructeurs sont entrés dans la course. Saab et son Gripen E, Dassault et son Rafale, Boeing et son FA 18 Super Hornet, Lookheed Martin et son F-35A et Airbus avec l'Eurofighter. Particularité de cet appel d'offre, l'achat de nouveaux avions de combat devra faire l'objet d'une compensation industrielle à 100%, à savoir que le pays vendeur devra compenser l'achat de la Suisse par des achats d'un montant équivalent auprès de l'industrie suisse. Dans le jargon, on appelle cela les affaires compensatoires ou l'offset industriel. C'est ainsi que dans le cadre de l'acquisition des nouveaux avions de combat, les cinq constructeurs sont appelés à rencontrer les sociétés suisses avec lesquelles ils pourront potentiellement conclure des contrats. L'enjeu est de taille, ces affaires compensatoires représentent près de CHF 8mia pour l'industrie suisse (dont 30% espérés en Romandie) et des possibilités très intéressantes de partenariats à long terme. Par le biais de ce blog, j'ai décidé de partager avec vous quelques détails de ces journées incontournables pour l'industrie suisse de la défense. SAAB en première ligne Retour donc à Lausanne le 11 octobre, à 0800 comme disent les militaires. L'ambiance est sobre, voire médicale, bien loin de l'image d'Épinal de la foire aux canons avec hôtesses slaves en pantalon treillis et kalachnikov. Les femmes, j'en compte 2 sur 200, sont en tailleur et ça parle beaucoup suisse-allemand, quand bien même la même réunion s'est tenue la veille à Berne. Après une introduction par le Président du Groupe romand pour le matériel de Défense et de Sécurité, c'est au Président du Switzerland Business Unit de SAAB d'entrer en scène. Le discours est rodé, court, impactant. Le Gripen E, version monoplace, est un avion de dernière génération, économique et facile à manœuvrer et à manutentionner. Il peut notamment être ravitaillé en essence et munitions en 10 minutes par une équipe réduite et décoller sur une piste de 800 mètres. Pour une présentation en Suisse, l'exemple est parfait. On en vient ensuite directement à la question des affaires compensatoires. On est là pour faire des affaires, ce n'est pas aujourd'hui que l'on vend l'avion. Sur ce point, le discours est stratégique avec deux concepts martelés tout au long de la présentation, implantation à long terme et partenariats plutôt qu'achats. Et SAAB soutient le discours par du concret, 25% des sociétés suisses présentes dans la salle sont déjà des fournisseurs de SAAB, et ce malgré l'échec de 2014, et un autre 20% est en cours de négociation. De plus, SAAB possède des participations dans au moins quatre sociétés suisses actives dans l'industrie de défense et comme SAAB produit, en plus de ses avions, des voitures, des tanks, des bateaux et même des sous-marins, le potentiel de collaboration est énorme. Sur l'aspect partenariat, les promesses sont alléchantes. Les sociétés suisses qui participeront au développement du Gripen E, si celui-ci était retenu, verront leurs technologies et produits intégrés au programme Gripen E et donc vendus aux autres pays intéressés par l'avion. Avec 60 avions en commande pour la Suède, 36 pour le Brésil et trois appels d'offres en cours en au Royaume-Uni, en Finlande et en Bulgarie, le “contrat suisse” pourrait faire des petits. Fin de la présentation, nous sortons boire un café ou un jus de pommes. Je vois s'activer les représentants des sociétés suisses qui, dans quelques minutes, débuteront leur BtoB avec l'avionneur. Quinze minutes par société en tête à tête pour conclure, dans une sorte de speed-dating technique en col blanc. GRIPEN E, points forts et points faibles Pour conclure sur le Gripen E, j'ai retenu quelques points forts/faibles au terme de cette première présentation. Points forts Forte implantation suisse de SAAB, tant en matière industrielle qu'en terme de lobbyisme ; Fort potentiel de partenariats en matière industrielle, militaire et civile ; Investissements historiques en Suisse et accroissement souhaité sur le long terme ; Transparence accrue dans les pays du Nord, notamment en matière de défense. Points faibles Faible poids de la Suède au sein de l'Europe dans une perspective géopolitique ; Marché de la défense à l'export plus petit et plus faible que d'autres concurrents, notamment dans la perspective d'affaires compensatoires dans d'autres domaines que l'aviation. Et si le Souverain disait non ? Avant de quitter les lieux, voyant toutes ces personnes peaufiner leur speech et les organisateurs régler les derniers détails, me vient à l'esprit cette réflexion : Et si tout ça n'aboutissait à rien ? En effet, ces rencontres BtoB, fruits de plusieurs mois de travail acharné des organisateurs et des industriels présents précèdent l'analyse des offres par l'armée et plus encore, le probable référendum. Au bout du compte, il se pourrait bien que tout ce temps et cet argent investis ne servent à rien en cas de nouvel échec devant le peuple. Ce qui m'amène à la réflexion suivante, pourquoi diable le Département fédéral de la défense et des sports n'a-t-il pas pressé pour que l'on vote avant l'appel d'offre ? Venir en 2020 devant le peuple avec l'argument que tout est déjà réglé et qu'il ne manque que la signature du souverain, c'est prendre un énorme risque. Espérons qu'il soit calculé. ABE Bon baiser de Suisse. https://blogs.letemps.ch/alexis-pfefferle/2018/10/15/air2030-a-la-rencontre-de-saab-et-du-gripen-e/

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