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AVIC markets upgraded Wing-Loong UAV

Northrop says could buy back up to $4 billion more in shares

Northrop Grumman Corp , maker of Global Hawk drones, said it could buy back up to an additional $4 billion worth of shares as part of a new buyback authorization. Based on Wednesday's close of $170.96, Northrop could buy back up to roughly 12.5 percent of its outstanding shares. The compan...

Boeing rejects Aerojet Rocketdyne bid for ULA launch venture

Boeing Co (BA.N) on Wednesday said it had rejected an unsolicited bid from Aerojet Rocketdyne Holdings Inc (AJRD.N) for United Launch Alliance, a 50-50 rocket launch venture of Boeing and Lockheed Martin Corp (LMT.N). "The unsolicited proposal for ULA is not something we seriously entertaine...

Virgin Galactic's LauncherOne increases payload performance to meet demand

Robust demand from the growing small satellite market has led Virgin Galactic to significantly increase the performance of its LauncherOne satellite launch service, the company announced today at the annual World Business Satellite Week in Paris. Driven by strong commercial demand for a launch service that can reliably, affordably, and responsively launch small satellites, Virgin Galactic has n...

Boeing to Welcome China President Xi Jinping

Boeing confirmed today that China President Xi Jinping will visit the company's Everett, Wash., factory on Sep. 23 during his visit to the U.S. Boeing Chairman Jim McNerney will be on hand to welcome President Xi, along with Boeing President and CEO Dennis Muilenburg and Boeing Commercial Airplanes President and CEO Ray Conner. "We're honored that President Xi will see our facto...

TAM Airlines reveals their first A350 XWB

The first A350 XWB for TAM Airlines rolled out of the Airbus paint shop in Toulouse, revealing the aircraft in its signature red, white and blue livery. The aircraft will continue through the next stages of production, including the installation of engines, completion of cabin furnishing and cockpit fitting, before starting ground and flight tests. The aircraft is scheduled for...

Airbus: Beluga XL programme achieves design freeze

The new Beluga programme, christened Beluga XL, has successfully passed the latest maturity gate milestone – marking the end of the ‘concept phase’ or design freeze ‘at aircraft level’ which is a key step in any development programme. The maturity gate review demonstrated that the Beluga XL programme is robust and mature enough to move to the next phase of developm...

DSEI: Australian helicopter chief delivers blunt message to NH Industries

NH Industries (NHI) must continue its effort to rein in the scope of its NH90 helicopter programme “towards a more manageable number of versions” for the rotorcraft to be “truly a success”. That was the blunt message delivered by Rear Adm Terry Dalton, head of helicopters with the Australian Defence Organisation. Although several NH90 customers bear the scars from a p...

AgustaWestland prepares for AW609 certification push

AgustaWestland will fly the third prototype of its AW609 tiltrotor late this year as the manufacturer accelerates testing activity ahead of planned certification in 2017. Two flight-test articles dating from the early days of the programme, then a joint development with Bell, have been used for the validation campaign so far and have amassed 1,300h, alongside 300h of ground runs. But with th...

Bell 505 Jet Ranger X makes Polish debut

Bell Helicopter has continued its sales push for the developmental 505 Jet Ranger X, displaying a mock-up of the light single-engined rotorcraft at the MSPO defence show held in Kielce, Poland between 1-4 September. Bell says it exhibited the four-seat, civil rotorcraft at a military exhibition "to promote its capabilities as a training platform" for the region's air forces....

Bombardier Mounts Engines on First Global 7000 Test Vehicle

Investors were rushing to pick up shares of Bombardier Inc. last week, as rumours swirled about a takeover offer for its transportation division and another report marked steady progress on its CSeries aircraft. Bombardier has now made several announcements regarding its long-range business jet program. Bombardier Business Aircraft has mounted the engines on its first flight test vehicle for th...

U.S. Air Force warns F-35 order review could damage program

U.S. Air Force Chief of Staff General Mark Welsh on Tuesday warned that short-term moves to revise downward the Air Force's planned purchase of 1,763 Lockheed Martin Corp F-35 stealth fighters could damage the program and scare off foreign buyers. "Let’s delay this discussion for a little while until we see what happens in the world," Welsh told reporters at the annual Air F...

UK accepts seventh Airbus A400M

Airbus Defence and Space today welcomed the decision of the UK Ministry of Defence to declare that the key contractual milestone known as In-Service Delivery (ISD) has been met following the handing-over of its seventh Airbus A400M new-generation airlifter. The transfer of the aircraft, known as Atlas in UK service, means that the Royal Air Force now has four A400Ms in day-to-day...

Boeing KC-46A tanker makes first flight

Boeing Co's first fully equipped KC-46A refueling plane is scheduled to complete its first flight on Sept. 25, the Air Force general in charge of tanker programs said Tuesday. Brigadier General Duke Richardson, executive officer for Air Force tanker programs, said the tanker program was doing well overall, despite earlier schedule delays. "We are definitely struggling with sche...

Juneyao Airlines Selects V2500® Engine to Power Order of A320ceo Family Aircraft

Juneyao Airlines has signed a Memorandum of Understanding for the V2500 engine to power its order of 12 Airbus A321ceo aircraft. Deliveries are scheduled to begin in November 2015. The deal also includes a 15-year V-ServicesSM Fleet Hour Agreement (FHA). The V2500 engine is offered through International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise P...

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