Europe needs to invest more in defence production, Airbus CEO says

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  20 mars 2019 | International, Aérospatial

  Turkey targets defense and aerospace exports to counter growing national deficit

  By: Burak Ege Bekdil ANKARA, Turkey — The Turkish government is pressuring its defense and aerospace industries to boost exports as part of an aggressive strategy aimed at addressing the country's account deficit and plunging national currency. In an annual ambassadors conference in August, President Recep Tayyip Erdogan urged Turkey's diplomatic missions in more than 150 countries to work harder to win contracts for Turkish manufacturers. The president told Turkish ambassadors to fully utilize diplomacy in marketing homegrown equipment. He has also since repeatedly ordered procurement and industry officials to find new markets to target. “Exports are increasingly important for the sustainability of the [local] industry,” said Murat Ceran, head of the International Cooperation Department at the Presidency of Defence Industries, the government's procurement agency. "Globally speaking, there are three main tiers of exporters: The United States and Russia together account for nearly 60 percent of all exports. The second group consist of exporters like China, France, Germany and the U.K. Turkey, along with Italy, Spain South Korea and Israel, make the third group,” Ceran explained. In recent years, Turkey's defense and aerospace industries reported an average export increase of 8 to 10 percent annually. Only in the past six years, Ceran said, have defense and aerospace exports risen by 61 percent, while Turkey's overall exports rose by 10.5 percent. “We are working to boost exports in a total of 130 countries. We are monitoring over 500 programs in 70 countries,” he said. Turkey's defense and aerospace exports have risen from an annual $1.388 billion in 2013 to $2.035 billion in 2018, according to the Turkish Exporters' Assembly. In comparison, total sales (both foreign and domestic) grew from $5.076 billion in 2013 to $6.693 billion in 2017 (sales growth for 2018 was unavailable via the Turkish Exporters' Assembly by press time). Full article: https://www.defensenews.com/industry/2019/03/13/turkey-targets-defense-and-aerospace-exports-to-counter-growing-national-deficit/

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  20 mai 2020 | International, Aérospatial, Sécurité

  PAE awarded ten-year contract to provide aircraft maintenance to the U.S Customs and Border Protection Agency

  May 19, 2020 - Falls Church, Va. – PAE (NASDAQ: PAE, PAEWW), a global leader in delivering smart solutions to the U.S. government and its allies, was awarded the National Aviation Maintenance and Logistics Services contract by U.S. Customs and Border Protection, an agency of the U.S. Department of Homeland Security. The contract has a one-year base period of performance with nine one-year options, a potential three-month extension and an estimated total value of more than $1.26 billion. PAE President and CEO John Heller said the award recognizes PAE's dependability and specialized expertise for aircraft maintenance. “With our long track record serving CBP's aircraft maintenance needs, PAE has proven to be a trusted partner in supporting U.S. national security,” Heller said. “We look forward to continuing our support to this critical national security customer as we apply our innovative solutions supporting the CBP mission and fleet of over 200 aircraft.” “This is truly a team win and a tribute to the more than 650 dedicated men and women on this program,” said PAE Vice President of CBP Program Management Rob Ulses. “These hard-working individuals have established a real partnership with CBP that allows us not only to support day-to-day operations, but to adapt and react to special missions.” PAE will continue to provide safe and ready aircraft to ensure the U.S. government meets operational commitments to safeguard America's borders. PAE will provide this essential support from aviation operational sites at military bases, civilian airfields and alternate locations across the United States. The broad scope of work extends from scheduled and unscheduled aircraft maintenance and repair to managing fueling, logistics and supplies. About PAE For 65 years, PAE has tackled the world's toughest challenges to deliver agile and steadfast solutions to the U.S. government and its allies. With a global workforce of about 20,000 on all seven continents and in approximately 60 countries, PAE delivers a broad range of operational support services to meet the critical needs of our clients. Our headquarters is in Falls Church, Virginia. Find us online at pae.com, on Facebook, Twitter and LinkedIn. Forward-Looking Statements This press release may contain a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about PAE's possible or assumed future results of operations, financial results, backlog, estimation of resources for contracts, strategy for and management of growth, needs for additional capital, risks related to U.S. government contracting generally, including congressional approval of appropriations, and contract delays or cancellations caused by competitors' bid protests of contract awards received by us. These forward-looking statements are based on PAE's management's current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside PAE's management's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Forward-looking statements included in this release speak only as of the date of this release. PAE does not undertake any obligation to update its forward-looking statements to reflect events or circumstances after the date of this release except as may be required by the federal securities laws. For media inquiries regarding PAE, contact: Terrence Nowlin Senior Communications Manager PAE 703-656-7423 terrence.nowlin@pae.com For investor inquiries regarding PAE, contact: Mark Zindler Vice President, Investor Relations PAE 703-717-6017 mark.zindler@pae.com View source version on PAE: https://www.pae.com/news/pae-awarded-ten-year-contract-provide-aircraft-maintenance-us-customs-and-border-protection

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  8 mars 2021 | International, Aérospatial

  USAF E-4B fleet receives key communication upgrades

  The US Air Force Life Cycle Management Center (AFLCMC) has announced that key communication upgrades are being delivered to the E-4B fleet.