The U.S. Navy awarded a contract to BAE Systems valued at $400 million over five years to maintain T-34, T-44 and T-6 training aircraft. BAE’s Aerospace Solutions business, based in Fort Walton Beach, Fla., will perform scheduled inspections, repairs, modifications and logistical support of more than 300 aircraft operated by the Chief of Naval Air Training.
Russian Aircraft MiG (RSK MiG) said that it delivered the first batch of three MiG-29UPG single-seat fighters to India aboard an Antonov An-124 Ruslan airlifter.
Gulfstream handed over the first fully outfitted G650 today to an undisclosed U.S. customer, fulfilling its promise that it would begin deliveries of the clean-sheet ultra-long-range twinjet by the end of the year.
“We’re thrilled to see the first G650 leave our hangar for a customer’s hangar,” said company president Larry Flynn. “Soon the G650 will be a common sight at airports around the world.”
While House Speaker John Boehner (R-Ohio) spent yesterday rounding up Republican votes for a plan to extend tax cuts on incomes up to $1 million to forestall the fiscal cliff, the Baltimore-based aviation consulting group AirInsight believes that at worst there will be a “soft landing.” The company said it expects Congress and President Obama to reach a deal early next month, retroactive to January 1.
The man charged with overseeing the investigation into patient deaths at Ontario’s provincially funded air ambulance service was named its new CEO yesterday. Ontario coroner Andrew McCallum, M.D., a certified private pilot, former Canadian Forces flight surgeon and emergency medicine specialist, will take over the troubled air ambulance service in January.
Charter brokering group Air Partner is predicting further “slow but steady recovery” during 2013. However, in a forecast issued yesterday, the UK-based company also said that it expects to see more business failures in the charter market and what it says will be further contraction in fractional ownership.
The Flight Safety Foundation (FSF) has promoted Kevin Hiatt, most recently COO, to the position of president and CEO, starting in January. He succeeds Bill Voss, who will return to the FAA as an executive in aviation safety after six years at the helm of the foundation. Before joining the foundation in 2005, Hiatt spent 26 years with Delta Air Lines in various positions, including chief pilot at the Atlanta International pilot crew base.
L-3 Platform Integration has received a second Boeing 747-8 for cabin outfitting at its Waco, Texas completion center. The company claims to be the first center to have two 747-8s in simultaneous completion, and with more than half a million square feet of hangar space it can accommodate multiple twin-aisle bizliner completion and refurbishment projects. Outfitting of the cabins on the two airplanes includes cabin management and in-flight entertainment systems, LED lighting throughout and a customized noise-dampening package.
Sittman Aviation, an FBO at Hawkins Field (HKS) in Jackson, Miss., has been sold to All About Planes, which will lease the facility to FBO Aero Jackson, which in turn will consolidate as the sole provider on the field. Hawkins serves as a reliever airport to Jackson-Evers International less than 10 miles away and features a 5,300–foot-long primary runway.
JP Morgan is stirring the Hawker Beechcraft bankruptcy pot, suggesting in its December Aerospace and Defense: Balance of Power report that “acquisition of the company is still possible.” The financial services company named Embraer, Textron (parent of Cessna and Bell Helicopter) and General Dynamics (Gulfstream and Jet Aviation) as entities that might benefit from such a deal.
The analyst added, “We anticipate that other companies may be interested in acquiring Beechcraft if the price is right as we see a good strategic fit in several cases.”