Tag Archives: Airbus Defence and Space

CAE Books $139M Defense Contracts for Aircraft Training Products & Services; Gene Colabatistto Comments

CAE has secured more than $138.5 million in contracts during the first quarter of its 2018 fiscal year to provide aircraft simulation products, training services and in-service support to U.S. and international defense customers. Montreal-based CAE said Tuesday it received contracts from Lockheed Martin (NYSE: LMT), L3 Technologies‘ (NYSE: LLL) MAS subsidiary and Airbus Group‘s …

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Public Safety Industry Vet Jeff Robertson Named Airbus DS Communications President, CEO

Jeff Robertson, formerly president and managing partner of Ten Eight Solutions, has been appointed to succeed Bob Freinberg as president and CEO of the communications business within Airbus‘ defense and space segment. The company said Tuesday Robertson will oversee Airbus DS Communications‘ strategic initiatives and further its commitment to develop public safety platforms in his …

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KKR Completes $1.2B Buy of Airbus Defense Electronics Business

Global investment firm Kohlberg Kravis Roberts & Co. (NYSE: KKR) has concluded its approximately $1.2 billion purchase of the defense electronics business of Airbus Group. France-based Airbus first announced the transaction in March 2016 as part of the company’s defense and space portfolio reorganization. Airbus said Tuesday it will maintain a 25.1 percent minority …

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Airbus Secures $212M Contract to Build ESA’s 2nd Orion Spacecraft Service Module

Airbus‘ defense and space business has been awarded a potential $212 million contract by  the European Space Agency to produce a second service module for the Orion spacecraft that Lockheed Martin currently builds for NASA. Airbus said Thursday the second European service module will be built to provide propulsion, power and thermal control as well as water …

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Airbus to Support UK Military Transport Aircraft Fleet Under Potential $506M Contract

Airbus has secured a $506 million contract from the U.K.’s defense ministry to provide in-service support for the Atlas A400M airlifters of the British air force. The ministry said Thursday the contract covers maintenance, upgrade and repair services for the country’s Atlas fleet through 2026. Julian Young, chief of air materiel at the U.K.’s defense …

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