Search Results for: airbus

Airbus Names Paul Eremenko CTO, Andy Anderson Corporate Tech Office COO

Paul Eremenko, CEO of Airbus Group’s A3 innovation center, will take over as chief technology officer of the aerospace and defense contractor on July 1. Airbus said Tuesday Eremenko will continue to lead A3 in San Jose, California, until the company finds a successor. Andy Anderson, acting Airbus CTO, will …

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Airbus Awarded $127M German Armed Forces Satellite Comms Contract; Evert Dudok Comments

Airbus‘ defense and space business has received an estimated $127 million contract to provide commercial satellite communication services to the German armed forces through 2023. The German armed forces will use C- and Ku-band transponders for voice and data applications in Germany, between main overseas bases and for Navy vessels, …

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Airbus Call Handling Tech to Support General Dynamics’ Work on Fairfax County NG911

TYSONS CORNER, VA, May 25, 2016 — Airbus will deploy its Vesta 9-1-1 call handling platform across Fairfax County in Virginia to support the region’s Next Generation 9-1-1 program with General Dynamics (NYSE: GD), ExecutiveBiz reported Tuesday. Vesta 9-1-1 will be part of the county’s future emergency communications network and facilitate an increased call center …

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Siemens-Airbus Team to Develop Hybrid Electric Propulsion System for Passenger Planes

TYSONS CORNER, VA, April 12, 2016 — Siemens has partnered with Airbus on the development of a hybrid electric propulsion system for passenger aircraft that could drive efforts to reduce noise and fuel consumption, ExecutiveBiz reported Monday. Airbus said Thursday a joint team of 200 employees will work on the project in preparation for …

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KKR to Purchase Airbus’ Defense Electronics Business for $1.24B

New York City-based private equity firm Kohlberg Kravis Roberts & Co. L.P. (NYSE: KKR) has agreed to acquire the defense electronics business of global aerospace and defense contractor Airbus Group for approximately $1.24 billion. Airbus said Friday the transaction is scheduled to close in the first quarter of 2017 and that it may control a …

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Nicolas Chamussy Appointed Airbus Space Leader; Tom Enders Comments

Nicolas Chamussy, chief of staff to Airbus Group CEO Tom Enders, will take over the role as executive vice president of the global defense contractor’s space systems unit on July 1. Airbus said Friday Chamussy will succeed Francois Auque, who will leave the company after 16 years and will remain as an …

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Inmarsat Awards $600M Contract to Airbus for Construction of I-6 Satellites

TYSONS CORNER, VA, December 29, 2015 — Inmarsat has awarded Airbus‘ defense and space business a potential $600 million contract to build the first two communications satellites for Inmarsat’s sixth-generation constellation, ExecutiveBiz reported Monday. Inmarsat said Wednesday the Inmarsat-6 satellites have a dual payload capability that can support services such …

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US Army Orders 12 Additional Airbus Lakota Helicopters

A North America-based subsidiary of Airbus has been awarded a $65.8 million contract to produce 12 additional UH-72A Lakota helicopters for the U.S. Army. Airbus Group Inc. will configure the helicopters as initial entry rotary-wing trainers and begin to deliver the products to the Army in August 2017 under the new contract …

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Dirk Hoke to Join Airbus as Defense Chief, Deputy CEO; Tom Enders Comments

Dirk Hoke, former CEO of Siemens’ (NYSE: SI) large drives business unit, will join Airbus Group to succeed Bernhard Gerwert as CEO of the airplane maker’s defense and space segment in a transition to take effect April 1, 2016. Airbus Group said Tuesday Hoke will initially join the company on Jan. 1, 2016 as deputy …

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Bloomberg: Investment Firms Bid on Airbus’ Defense Electronics Business

Airbus Group has received initial acquisition bids for its defense sensor and border security technology assets from private equity companies Blackstone, Carlyle Group and KKR & Co., Bloomberg reported Tuesday. Military technology firms Thales and Rheinmetall are also interested in acquiring the portfolio that generated approximately $1.2 billion in revenue during Airbus’ …

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