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Tag Archives: airbus

Reuters: Germany Eyes $966M Lockheed C-130J Aircraft Procurement

Germany looks to procure six C-130J Super Hercules airlifters worth approximately $966 million from Lockheed Martin (NYSE: LMT) as part of a joint operating agreement with France, Reuters reported Friday. Andrea Shalal writes Germany aims to send a formal request to the U.S. government in 2019 to buy C-130Js in support of European defense cooperation efforts. The report said France …

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Weekly Roundup February 27 – March 3 2017: The Potomac Officers Club Hosts A Successful 4th Annual Intel Summit & More

Weekly Roundup February 27 – March 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The Potomac Officers Club (POC) hosted its 4th Annual Intel Summit this past Wednesday morning at the Ritz-Carlton Tysons Corner featuring a keynote address from Robert …

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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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Talel Kamel, Bernard Bouillaud Appointed to Rockwell Collins Director Roles

Rockwell Collins (NYSE: COL) has named Talel Kamel as managing director of the avionics manufacturer’s operations in the Middle East, Turkey and North Africa and appointed Bernard Bouillaud as sales director for the same regions. The company said Sunday it made the two leadership appointments as part of efforts to expand regional presence and help strengthen …

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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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CAE Secures Simulation, Training Support Contracts Worth $134M; Gene Colabatistto Comments

TYSONS CORNER, VA, Jan. 19, 2017 — CAE (NYSE: CAE) has landed contracts worth a total of $134.1 million from international military customers for new simulation technologies, simulator updates and training support services, ExecutiveBiz reported Tuesday. The company said Tuesday it closed a deal with Airbus‘ defense and space business unit for …

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Reuters: Airbus Defense Chief Anticipates EU Military Spending Changes by 2018

Dirk Hoke, CEO of Airbus‘ defense and space segment,  has said he expects to see changes to military spending in Europe next year and anticipates “intensive” discussions among European countries about the future of NATO, Reuters reported Tuesday. “This discussion is long overdue when you consider that only five countries in Europe …

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Rick Lober: Hughes Looks to Expand Mobility Offerings Through Airbus Partnership

TYSONS CORNER, VA, Jan. 17, 2017 — Rick Lober,  vice president and general manager of Hughes Network Systems‘ defense and intelligence systems division, has said the company aims to expand its mobility service offerings through its partnership with Airbus. He said in an interview with ExecutiveBiz published Jan. 10 Hughes will work …

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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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Defense News: Airbus Wins Potential $2.3B Search & Rescue Aircraft Replacement Contract With Canada

Canada has selected Airbus-built C-295 to serve as the next fixed-wing search-and-rescue aircraft and replace the country’s fleet of aging C-130s and Buffalo planes under a potential $2.3 billion contract, Defense News reported Wednesday. David Pugliese writes Harjit Sajjan, Canada’s defense minister,  and Judy Foote, the country’s procurement officer, are set to …

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