Industry News

Cubic Mission Solutions continues to provide enhanced networked capabilities for UAV Tactical Systems Ltd.. SAN DIEGO---- Cubic Mission Solutions, a newly formed business division of Cubic Corporation, today announced a three-year extension award of $1.4 million from UAV Tactical Systems Ltd. to provide additional Tactical Common Data Links for U.K. Ministry of Defence’ s Watchkeeper Unmanned Aircraft System program."/>
Cubic Receives Contract Extension for Delivery of Tactical Common Data Links to Support Watchkeeper Program
Standard Chartered Bank today announced an order for 10 Next-Generation 737-800 s. The order, valued at $960 million at current list prices, was attributed to an unidentified customer on the Boeing Orders& Deliveries website. Speaking at the 2016 Farnborough International Airshow, Kieran Corr, Head of Aviation Finance at Standard Chartered, said: "We are excited about adding these new Boeing aircraft to our fleet."/>
Boeing, Standard Chartered Announce Order for 10 Next-Generation 737-800s
Teledyne Technologies Incorporated announced on Friday that it has successfully completed the sale of assets of Teledyne's printed circuit technology business to FTG Circuits Inc, a California corporation and subsidiary of Firan Technology Group Corporation, for USD9.3m in cash. Reportedly, for each of the last three years, Teledyne PCT has generated between USD15.0m to USD20.0m of annual revenue. According to the company, under a transition services agreement, Teledyne..."/>
Teledyne announces successful divestiture of Teledyne PCT for USD9.3m cash
Triumph Group Inc announced on Friday its selection by Lockheed Martin to supply key engine and structures components for the F-35 Lightning II aircraft. Under these contracts, financial details of which were not available, Triumph will provide engine mounts, bulkheads, longerons and wing ribs for the F-35 through 2021.. Triumph currently provides a number of structural components and systems the on F-35 as well, such as hydraulic valves, the drag chute actuator, and the..."/>
Triumph announces signing of long term agreements with Lockheed Martin for F-35 components
Air Lease Corporation announced long term lease agreements for four new Airbus A350-1000 aircraft with Virgin Atlantic Airways. The aircraft are from ALC’ s order book with Airbus, with two delivering in spring 2020 and two delivering in spring 2021. These new A350-1000s will replace Virgin Atlantic Airways’ Boeing 747 aircraft built in the 1990’ s on routes from London across the Atlantic."/>
Air Lease Corporation Announces Lease Placements of Four New Airbus A350-1000 Aircraft with Virgin Atlantic Airways
Textron Systems Weapon& Sensor Systems, a business of Textron Inc., and Thales announced today the successful testing of the Fury ® lightweight precision guided glide weapon from the Shadow ® Tactical Unmanned Aircraft System against static vehicle targets. The Fury was tested from a Textron Systems' Shadow TUAS at the U.S. Army's Yuma Proving Ground in Arizona on April 29. During the testing, the Fury..."/>
Textron Systems and Thales Successfully Test Fury(R) Weapon Guidance Package
Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc., announced that assembly and testing of its AR1 advanced liquid rocket engine will take place at NASA’ s Stennis Space Center in Mississippi. As a result, the company is expanding its Center of Excellence for Large Liquid Rocket Engine Assembly and Test there. The AR1 is being developed to support the country’ s mandate to eliminate U.S. reliance on the Russian RD-180 engine for..."/>
Aerojet Rocketdyne Announces Expansion at NASA’s Stennis Space Center in Mississippi
United Technologies Corp., is working to provide pilots the ability to adjust aircraft operations in real time with its latest industry-first– the new OpsInsight™ app. The advanced mobile app is designed to provide real-time aircraft data to a pilot's Apple iPad ® or Windows-based tablet and increase the efficiency of airline crews by bringing pre-flight and in-flight information directly to a..."/>
UTC Aerospace Systems to increase operational efficiency of airline crews with new industry-first mobile app
DXP Enterprises Inc revealed on Saturday that David Patton was elected to its board of directors on July 2016.. The company also said that Patton's term will expire at its next annual shareholder meeting, at which time he will stand for re-election. A partner at Locke Lord LLP and co-chair of the Locke Lord LLP's Energy Practice Group, Patton has almost four decades of experience in various legal aspects of the oil and gas industry, including acquisitions and sales of assets or..."/>
DXP's board of directors elect David Patton as director
Bombardier Commercial Aircraft announced today that its CS300 aircraft has been awarded Type Certification by Transport Canada. Delivery of the first CS300 airliner to airBaltic of Latvia is scheduled for the fourth quarter of 2016; the aircraft is currently in production at the C Series production facility in Mirabel, Quebec. The approval follows the CS100 aircraft Type Certification awarded by Transport..."/>
Bombardier CS300 Aircraft Awarded Type Certification by Transport Canada
L-3 Communications announced today that its WESCAM division has received an order from the Finnish Border Guard to provide MX™ -15 electro-optical and infrared imaging systems for installation on a number of Airbus H215 twin-engine helicopters. The newly equipped H215s will support a variety of missions across Finland, including maritime border patrol and search and rescue. System deliveries to Airbus for installation will be completed by June 2017.."/>
L-3’s MX™-15 Electro-Optical and Infrared Surveillance System Selected for the Finnish Border Guard
Nifty mid-cap 100 index hits record high [Mint, New Delhi]
L-3 Communications announced today that its Commercial Training Solutions business will display its L-3 Link UK-built Airbus A350 Flat Panel Trainer at the Farnborough International Airshow for the first time this year. The FPT will be operated by instructors and cadets from L-3 CTC Aviation– demonstrating the capability offered by L-3 CTS, including cadet training, qualified pilot training, and simulation and training centers."/>
L-3 to Demonstrate Training Capabilities With RealitySeven™-Based A350 Flat Panel Trainer at Farnborough
Bombardier Commercial Aircraft announced today that its CS300 aircraft has been awarded Type Certification by Transport Canada. Delivery of the first CS300 airliner to airBaltic of Latvia is scheduled for the fourth quarter of 2016; the aircraft is currently in production at the C Series production facility in Mirabel, Quebec. The approval follows the CS100 aircraft Type Certification awarded by Transport..."/>
Bombardier CS300 Aircraft Awarded Type Certification by Transport Canada
L-3 Communications announced today that its Mission Integration division will exhibit for the first time the next generation of its tactical Intelligence, Surveillance and Reconnaissance aircraft, known as SPYDR II, at the Farnborough International Airshow. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160711005338/en/."/>
L-3 to Exhibit SPYDR II, the Next-Generation Multi-INT ISR Aircraft, at the Farnborough International Airshow

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