Italy’s Finmeccanica agreed to acquire U.S. defense electronics group DRS Technologies a month before the U.S. Government Accountability Office announced its decision supporting Boeing’s appeal against the award of the KC-X military tanker contract to EADS/Northrop Grumman. It is questionable whether the GAO’s decision signals a wider U.S. intent to block foreign encroachment on the U.S. defense market.
European maintenance, repair and overhaul (MRO) service providers expect a downturn in air transport, and analysts say consolidation in the support market will likely result from this trend.
Several steps to add to the support structure for MU-2 operators were announced at NBAA 2002 by Mitsubishi Heavy Industries America’s aircraft products support division. These include appointment of Aero Air of Hillsboro, Ore., as an authorized Mitsubishi MU-2 service center, and Turbine Aircraft Components (TAC) of Addison, Texas, as exclusive distributor for a number of aircraft overhaul components.
The Aerospace Industries Association (AIA) said that increased exports of aerospace products in the final quarter of last year sent the aerospace industry’s positive trade balance into record territory, with a final tally of $60.4 billion.
After AIN reported that EADS was considering selling its Socata division to French aerospace, defense, nuclear and automotive manufacturing concern Daher, EADS issued a statement asserting that “EADS Socata remains a key element of EADS, continuing the highly successful marketing of its general aviation aircraft product line, along with its production of aerostructures for business jets, regional airliners, mainline passenger
Although the Commission on the Future of the United States Aerospace Industry was created by Congress long before September 11, a Bush Administration official said the terrorist attacks served to highlight previously existing deficiencies in the U.S. aerospace industry.
Phoenix-based Simula has been awarded a $11.1 million contract for 490 front and side cockpit airbag shipsets for U.S. Army UH-60A/L Black Hawk helicopters. Dubbed cockpit airbag systems (CABS), the shipsets consist of airbags sited in front of and beside cockpit aircrew, with the side-mounted bag attached to whichever fuselage wall is closer. An accelerometer triggers the system when it senses a crash.
In December of this year Jim Jackson, who developed what is arguably one of the most successful and innovative aerospace education programs at the high-school level, will be retiring after 33 years of teaching at Mundelein (Ill.) High Schooll. MHS boasts the only aviation curriculum in the country that includes building real aircraft in addition to ground school and flight-simulator instruction.
Airbus announced yesterday here at EBACE that Comlux Completion has become a 40-percent shareholder in the new Airbus Corporate Jet Centre (ACJC) in Toulouse, France. Comlux Completion is a joint venture between Comlux Aviation Group, launch customer for the A318 Elite (whose aircraft can be seen in the static park), and Bahrain-based Maz Consultancy.
AMAC Aerospace (Booth No. 651), the new Swiss completions, maintenance and refurbishing firm, is here at EBACE announcing it is on target to begin full operations when its first hangar–at EuroAirport Basel-Mulhouse-Freiburg–is completed in September. A spokesman indicated the company plans eventually to include aircraft management, charter and brokerage in its portfolio.