European companies might still face a serious challenge to remain competitive in an increasingly global supply base, but the growing membership of the European Aerospace Cluster Partnership (EACP) has found that cooperation in keys areas such as building skills and research and development work can benefit them collectively more than if they battle with each other at every level.
BAE Systems has won a contract to provide the spoiler control electronics for the new Boeing 737 Max, the UK-based company announced Tuesday. The deal boosts BAE’s comparatively small but resurgent civil business at a time of sagging defense spending.
Contrary to recent speculation in the financial press, EADS has no intention of reviving the merger talks with BAE Systems that were aborted last October. “It’s not on our radar; we’re both moving on,” said Tom Enders, CEO of EADS. “All the stars were aligned last summer, or so we thought. But at least one proved to be missing,” he continued, in a reference to the German government’s opposition to the merger.
Dassault Systèmes, a 3-D design software, digital mock-up and product lifecycle management company, is displaying aerospace innovation solutions at the GIFAS (French aerospace industries) stands at the Dubai Airshow (Stands 640, 1445).
The aerospace and transportation systems division of the Liebherr Group represented only 11 percent of the multinational group’s 2011 turnover of €8.3 billion ($11.5 billion). And its customer service facility in Saline, Michigan, a city of 9,000 people near Detroit, is a long way from Liebherr’s headquarters in the picturesque town of Bulle, Switzerland.
Turmoil in stock markets and the prospect of another public debt and banking crisis have done nothing to deter EADS in its expansion and diversification plans. The European aerospace and defense group has a war chest of €11 billion ($15.6 billion) for acquisitions, with CFO Hans-Peter Ring confirming on August 10 that the company expects to press ahead with more deals during the second half of 2011.
Sonny Perdue, governor of the U.S. state of Georgia, is here
leading a 30-member strong delegation of government officials and representatives of aerospace and aviation companies headquartered in his state. Georgia is a first-time Dubai show exhibitor at Stand E636B and Chalet A67.
Russia’s aircraft engine manufacturers are trying to make up ground lost to Western rivals through a comprehensive process of consolidation and restructuring. The success of this change will have an impact not just on the companies themselves, but also on the ambitious new aircraft programs being prepared under the auspices of the new United Aircraft Manufacturing Corp. (OAK) for which new-generation engines are required.
The June 5 signing of a contract for work on Airbus A320 cargo conversion program appears to have restored Russia’s position as a full partner in Europe’s EADS group. The pact could signify repair of relations damaged in 2006 when the German and Russian governments disputed the position of Russian shareholders in EADS.
Traditionally, Boeing and Airbus have used the Paris and Farnborough airshows to announce multimillion-dollar sales contracts, in the hope of one-upping the opposition. But at Farnborough this year–the first big post-September 11 air show–neither company had major announcements to make.
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