Industry News

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
Spirit AeroSystems Inc. has invested in upgrades to its historic Plant 2 and its Wichita facilities to support growing demand for its products. Spirit builds 70 percent of the 737 structure in Plant 2, including the entire fuselage of the world's best-selling airplane. "We are constantly looking at ways to modernize our factory and support our customer's production needs," said Shawn Campbell, Spirit vice president of the 737 program. ""/>
Spirit AeroSystems Upgrades Historic Plant 2
United Technologies Corp., and Rolls-Royce will join forces to provide comprehensive technical support at Royal Air Force Marham to support F135 engines and the LiftSystems on the U.K.' s F-35B Lightning II aircraft. The two industry-leading engine companies will institute a Performance-Based Logistics approach to sustainment for the propulsion systems. A PBL contracting structure..."/>
Pratt & Whitney, Rolls-Royce Team Up to Provide Comprehensive Support for UK F-35B at RAF Marham
Spirit AeroSystems Inc. has invested in upgrades to its historic Plant 2 and its Wichita facilities to support growing demand for its products. Spirit builds 70 percent of the 737 structure in Plant 2, including the entire fuselage of the world's best-selling airplane. "We are constantly looking at ways to modernize our factory and support our customer's production needs," said Shawn Campbell, Spirit vice president of the 737..."/>
Spirit AeroSystems Upgrades Historic Plant 2
Globe Telecom Inc. are facing the danger of paying a huge penalty for not complying with the rules of the Philippine Competition Act. The penalty, according to The Manila Times' calculation, could range from P691 million to P3.455 billion. The Philippine Competition Commission is firm in its stance that the P69.1-billion buyout of San Miguel Corp.' s telecommunications business by PLDT and Globe is "not deemed approved.""/>
PLDT, Globe may face fines for telco deal [The Manila Times, Philippines]
United Spirits Ltd to the Serious Fraud Investigation Office, PTI reported, quoting an official at the regulator it did not identify. "We have taken note of the latest disclosure by USL and have begun looking into suspected violation of various securities market regulations including those relating to related party..."/>
Sebi may refer charges of fund diversion against Vijay Mallya to SFIO [Mint, New Delhi]
Freshdesk sees interest from global investors [Mint, New Delhi]

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