Tag Archives: Leonardo

Leonardo has made an investment in unmanned aircraft technology startup Skydweller Aero in a move to accelerate the deployment of the latter’s solar-powered drone platform.

A CAE (NYSE: CAE) subsidiary and Leonardo have signed a memorandum of agreement to provide helicopter training platforms and services for U.S. government and foreign military sales clients.

TYSONS CORNER, VA, August 01, 2019 — Mario Coracides, former corporate vice president of global supply chain management at PAE, has been appointed senior vice president at Enterprise Vectrus Operations, ExecutiveBiz reported July 25.

Leonardo's training helicopter offering for the U.S. Navy has received supplemental type certification from the Federal Aviation Administration under instrument flight rules. TH-119 is based on the AW119 single-engine helicopter and designed to operate in low visibility and extreme weather conditions, the company said Thursday.

European conglomerates Leonardo and Thales are considering a joint bid to buy Maxar Technologies (NYSE: MAXR) subsidiary that develops technology for space and terrestrial applications, Reuters reported Tuesday. Leonardo CEO Alessandro Profumo cited satellite antenna technology as a technology area of interest in MDA.

Italy-based conglomerate Leonardo has moved to combine three divisions into a new electronics division as part of growth efforts in the defense and security technology market. Leonardo said Thursday the new business will consolidate the firm’s land and naval defence electronics, airborne and space systems and defense systems businesses. The …

Boeing (NYSE: BA) has won a potential 13-year, $2.38B contract to replace the U.S. Air Force’s fleet of UH-1N Huey helicopters. The company said Monday it will deliver and maintain up to 84 MH-139 helicopters and provide training devices and related support equipment for the aircraft. MH-139 is based on the Leonardo-built AW139 helicopter that …

Leonardo DRS’ network and imaging systems business has received two contracts worth a total of $344.3M to procure a lightweight laser designator rangefinder and provide support services for the Maintenance Support Device Version 4 Light system. The Defense Department said Friday the company will perform work under the rangefinder contract …

A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in …

Canada has named five aerospace companies that have been asked to participate in a potential $15 billion competition to produce 88 new fighter planes, Defense News reported Friday. Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Airbus, Dassault and Saab have been included in a list of approved suppliers that will …