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Military Aircraft
 
EGYPT RECEIVES TWO RAFALE FIGHTER JETS
Wednesday, July 26, 2017
Click image for a larger picture

Source: Dassault Aviation


Source: Dassault Aviation


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CAIRO - The Egyptian Air Force has taken delivery of two more Rafale fighter jets.

In a post on social media, the Egyptian military spokesperson confirmed that a new batch of Rafale fighter jets arrived to Egypt. The Egyptian military released several photos showing the two new single-seat jets.

The delivery had been reported last week. The French military attaché in Cairo announced that two more jets were to be delivered on July 25, 2017.

The new arrivals bring Egypt's inventory of Rafale fighter jets to 11. Egypt is expected to take delivery of another batch of three jets later this year, meaning that end of year strength will total 14 Rafales.

Egypt has on order 24 Rafale jets.

Source:  Forecast International
Associated URL: www.forecastinternational.com
Source Date: July 26, 2017
Posted: 07/26/2017

 
 
BOEING REPORTS SECOND-QUARTER RESULTS
Wednesday, July 26, 2017
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Boeing Saab T-X Trainer

Source: Boeing


Boeing Saab T-X Trainer

Source: Boeing


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CHICAGO - For the second quarter of 2017, Boeing reported sales of $22.7 billion, down 8 percent from sales of $24.7 billion in the second quarter of 2016. Net income for the quarter was $1.8 billion compared to a loss of $234 million a year ago.

"In the second quarter, we added to our large and diverse order backlog with key wins in commercial airplanes, defense, space and services, while achieving important milestones such as delivering the first 737 MAX airplane, flying the second production-ready T-X trainer aircraft, and conducting a successful Ground-based Midcourse Defense intercept test," said Chairman, President and Chief Executive Officer Dennis Muilenburg.

"As we look to the second half of the year, our teams are focused on accelerating productivity, quality and safety improvements across the company, while completing key development efforts and delivering better capabilities and economics to our customers."

Total company backlog at quarter-end was $482 billion, up from $480 billion at the beginning of the quarter, and included net orders for the quarter of $27 billion.

INDUSTRY SEGMENTS

Commercial Airplanes

Commercial Airplanes second-quarter revenue was $15.7 billion (2Q16: $17.4 billion) on planned production rates and timing of deliveries. Second-quarter operating income was $1.6 billion compared to a loss of $973 million in the second quarter of 2016. Operating margin was 10.0 percent, reflecting solid execution.

During the quarter, Commercial Airplanes delivered the first 737 MAX 8 aircraft and announced the launch of the 737 MAX 10. Demand continues to be healthy with 571 incremental orders and commitments announced at the Paris Air Show, including 56 for widebody aircraft and 361 for the launch of the 737 MAX 10. Also at the Paris Air Show, a number of commercial service agreements were announced that provide further growth opportunity for Boeing Global Services.

Commercial Airplanes booked 183 net orders during the quarter (2Q16: 199). Backlog remains robust with more than 5,700 airplanes valued at $424 billion.

Defense, Space & Security

Defense, Space & Security second-quarter revenue was $6.9 billion (2Q16: 7.2 billion). Second-quarter operating income was $890 million compared to $593 million in the second quarter of 2016. Second-quarter operating margin increased to 12.9 percent, reflecting increased productivity in all three segments.

Boeing Military Aircraft (BMA) second-quarter revenue was $2.9 billion (2Q16:$3.0 billion), reflecting lower planned C-17 deliveries, and operating margin increased to 13.2 percent on improved performance. During the quarter, BMA was awarded a contract for the remanufacture of 38 AH-64E Apache helicopters for the United Kingdom, and the second production-ready T-X aircraft completed first flight.

Network & Space Systems (N&SS) second-quarter revenue was $1.7 billion (2Q16:$1.8 billion), reflecting timing of satellite volume. Operating margin increased to 9.1 percent reflecting improved performance. During the quarter, N&SS was awarded a contract from the Missile Defense Agency for Redesigned Kill Vehicle Development.

Global Services & Support (GS&S) second-quarter revenue was $2.3 billion (2Q16:$2.4 billion), reflecting timing of contracts. Operating margin increased to 15.4 percent reflecting strong performance. During the quarter, GS&S was awarded a contract from the Defense Logistics Agency to support the F-15 fleet, which will be carried out by Boeing Global Services.

Backlog at Defense, Space & Security was $58 billion, of which 37 percent represents orders from international customers.

Source:  Forecast International Government & Industry Group
Associated URL: www.boeing.com
Source Date: July 26, 2017
Author: R. Pettibone, Gov't & Industry  
Posted: 07/26/2017

 
 
AEROVIRONMENT PARTICIPATES IN CONTRACT SIGNING CEREMONY FOR ADF WASP AE PACKAGE
Tuesday, July 25, 2017
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Wasp AE UAS selected by ADF

Source: Australian Defence Force


Wasp AE UAS selected by ADF

Source: Australian Defence Force


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CANBERRA - AeroVironment, Inc. has participated in a signing ceremony here for the formal execution of contracts (first announced June 1, 2017) to deliver Wasp AE unmanned aircraft systems (UAS) to the Australian Defence Force (ADF) over a three-year period commencing July 1, 2018.

AeroVironment is working closely with Australian partners XTEK, General Dynamics Mediaware and Sentient Vision to provide Wasp AE, a proven capability in service with militaries around the world, which will then be modified with Australian content to meet both ADF and Australia industry needs. XTEK and AeroVironment will provide local maintenance, training and field support to serve the immediate needs of ADF while expanding AeroVironment's global support capabilities.

"This contract to supply Wasp AE small UAV systems to support the Australian Defence Force is the result of 10 years of work with XTEK and the Commonwealth, including thorough operational testing, bringing small UAS compatible with the U.S. operations to Australia, and adding capabilities from Australian companies," said David Sharpin, vice-president of AeroVironment's Tactical Unmanned Aircraft Systems (UAS) business unit. "This collaboration reflects the unwavering commitment of all four companies and the ADF to support and protect the dedicated members of the Australian armed forces with the best UAS capabilities available in the world today - to help them proceed with certainty and ensure successful missions."

Sharpin said this contract is another indication of AeroVironment's growing global footprint. AeroVironment now counts more than 40 allied countries as customers for its family of small UAS, including Wasp AE, Raven, Puma AE and support services.

At only 2.8 pounds, AeroVironment's Wasp AE is packed with powerful features, such as superior imagery, increased endurance, encrypted video and ease of use, that are inherent in all AeroVironment UAS solutions. Launched by hand and capable of landing on the ground or in fresh or salt water, the Wasp AE’s portability and flexibility make it ideal for infantry, littoral and maritime reconnaissance operations anyplace in the world.

Source:  AeroVironment
Associated URL: http://investor.avinc.com/releasedetail.cfm?ReleaseID=1034328
Source Date: July 25, 2017
Posted: 07/26/2017

 

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