Boeing Defense, Space & Security

Mitsubishi Heavy Industries Delivers Large YoY Increases to Order Intake, Revenue, and Profit in Remarkable First Half, Raises FY2023 Order Intake Guidance

Retrieved on: 
Montag, November 6, 2023

- Raised full-year FY2023 order intake forecast by YEN1 trillion to reflect strength in GTCC and Defense & Space businesses.

Key Points: 
  • - Raised full-year FY2023 order intake forecast by YEN1 trillion to reflect strength in GTCC and Defense & Space businesses.
  • TOKYO, Nov 6, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries (MHI, TSE Code: 7011) announced that order intake rose 55.4% year-over-year to YEN3,137.0 billion in the half-year ended September 30, 2023.
  • Profit attributable to owners of parent (net income) was YEN91.9 billion, an increase of 69.8% year-over-year, with a profit margin of 4.4%.
  • LT&D saw large YoY increases in order intake and revenue, at YEN71.9 billion and YEN69.9 billion, respectively.

Airborne Radars Market - Global Forecast to 2028: Demand for Phased Array Radars for Enhanced Operational Efficiency to Drive Market - ResearchAndMarkets.com

Retrieved on: 
Dienstag, Oktober 17, 2023

This report provides valuable insights for market leaders and newcomers alike in the airborne radars market.

Key Points: 
  • This report provides valuable insights for market leaders and newcomers alike in the airborne radars market.
  • North America is anticipated to hold the largest share in the airborne radars aircraft market in 2023, encompassing the US and Canada within this region.
  • The North American airborne radars market has seen significant growth recently, driven by a proactive approach to advancements and substantial investments in research and development within the airborne radars sector, poised to transform the radar market.
  • Several factors, including the growing demand for airborne weather monitoring and technological innovations in airborne radar systems, are expected to propel the airborne radars market.

Symbotic Announces Tom Ernst’s Retirement and Names Chief Financial Officer

Retrieved on: 
Montag, Oktober 2, 2023

He was appointed as CFO for Symbotic in 2020 leading all financial functions for the company, including supporting Symbotic in becoming a publicly traded company in 2022.

Key Points: 
  • He was appointed as CFO for Symbotic in 2020 leading all financial functions for the company, including supporting Symbotic in becoming a publicly traded company in 2022.
  • “On behalf of the entire Symbotic team, I want to thank Tom for his contributions over the last several years.
  • Her extensive experience and financial acumen will be a tremendous asset to Symbotic as we continue the next phase of our growth strategy,” said Rick Cohen.
  • “Symbotic is truly reinventing the warehouse with a next-generation, AI-enabled automation system that brings unique innovation to the supply chain.

Quantum-Systems Inc. Accelerates Growth with Opening of Second Manufacturing Facility in U.S.

Retrieved on: 
Dienstag, September 19, 2023

MOORPARK, Calif., Sept. 19, 2023 /PRNewswire/ -- Quantum-Systems Inc., a leader in electric vertical take-off and landing (eVTOL) aerial intelligence solutions, today announced the opening of a second manufacturing facility in Moorpark, CA. The facility will allow the company to increase production capacity to support current and future demands from Defense and Security customers in North America and Latin America.

Key Points: 
  • The 20,000-square-foot facility will provide added flexibility for future expansion and growth opportunities.
  • MOORPARK, Calif., Sept. 19, 2023 /PRNewswire/ -- Quantum-Systems Inc. , a leader in electric vertical take-off and landing (eVTOL) aerial intelligence solutions, today announced the opening of a second manufacturing facility in Moorpark, CA.
  • The facility will allow the company to increase production capacity to support current and future demands from Defense and Security customers in North America and Latin America.
  • Quantum-Systems Inc.'s original location at 11943 Discovery Court will remain as the company's headquarters and secondary manufacturing site.

Parker Elects Denise Russell Fleming to its Board of Directors

Retrieved on: 
Dienstag, September 5, 2023

CLEVELAND, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced the election of Denise Russell Fleming to its Board of Directors, effective September 1, 2023.

Key Points: 
  • CLEVELAND, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced the election of Denise Russell Fleming to its Board of Directors, effective September 1, 2023.
  • Ms. Fleming is currently Executive Vice President, Technology and Global Services and Chief Information Officer for BD (Becton, Dickinson & Company), one of the world’s leading medical technology companies.
  • Ms. Fleming then became Vice President, Information Technology and Business Partners for Boeing Defense, Space & Security before taking on her current role with BD in 2022.
  • Ms. Fleming has served on multiple boards of directors for nonprofit organizations and educational institutions.

2023 ASCEND to Showcase Axiom Space, Boeing, Boryung, Lockheed Martin, NASA

Retrieved on: 
Montag, August 21, 2023

RESTON, Va., Aug. 21, 2023 (GLOBE NEWSWIRE) -- The American Institute of Aeronautics and Astronautics (AIAA) today announced dozens of speakers who will appear at its upcoming ASCEND event, 23–25 October, Caesars Forum, Las Vegas.

Key Points: 
  • RESTON, Va., Aug. 21, 2023 (GLOBE NEWSWIRE) -- The American Institute of Aeronautics and Astronautics (AIAA) today announced dozens of speakers who will appear at its upcoming ASCEND event, 23–25 October, Caesars Forum, Las Vegas.
  • ASCEND is the world’s premier outcomes-focused, interdisciplinary space event designed to accelerate building our off-world future.
  • Powered by AIAA, ASCEND serves as the catalyst for the global space conversation.
  • Journalists from around the world are invited to cover 2023 ASCEND; press passes are available for credentialed media by request .

Mitsubishi Heavy Industries Achieves Significant YoY Increases in Order Intake and Profit in Strong First Quarter

Retrieved on: 
Freitag, August 4, 2023

TOKYO, Aug 4, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries (TSE Code: 7011) announced that order intake rose 75.1% year-over-year to YEN1,606.8 billion in the quarter ended June 30, 2023.

Key Points: 
  • TOKYO, Aug 4, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries (TSE Code: 7011) announced that order intake rose 75.1% year-over-year to YEN1,606.8 billion in the quarter ended June 30, 2023.
  • Profit attributable to owners of parent (net income) was YEN53.1 billion, an increase of 177.1% year-over-year, with a profit margin of 5.4%.
  • Most notable this quarter is the striking growth in Aircraft, Defense & Space order intake, specifically in Defense & Space, which saw orders rise by YEN584.1 billion YoY.
  • "MHI had a strong first quarter this fiscal year, achieving large year-over-year increases especially in order intake and profit," Hisato Kozawa, MHI Chief Financial Officer commented.

Electra Appoints Former Airbus, Boeing Executives and Aircraft Finance Leader to its Board

Retrieved on: 
Mittwoch, Mai 31, 2023

Electra delivers the most flexible, efficient and cost-effective solution for the $150B Advanced Air Mobility market.

Key Points: 
  • Electra delivers the most flexible, efficient and cost-effective solution for the $150B Advanced Air Mobility market.
  • "I am thrilled to welcome Jim, Allan, and Kirsten to the Electra Board at this important time in the development of our eSTOL aircraft.
  • They bring deep understanding of the industry and an invaluable perspective on aircraft development, operation, finance, and regulation to the team."
  • He also served as President of Rocketdyne Propulsion & Power, President of Boeing Space and Communications, and President of Boeing Integrated Defense Systems.

Accenture Invests in SpiderOak to Elevate Satellite Communications Security in Space

Retrieved on: 
Donnerstag, Mai 18, 2023

Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures , in SpiderOak , a leader in zero-trust cybersecurity and resiliency solutions for next generation space systems.

Key Points: 
  • Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures , in SpiderOak , a leader in zero-trust cybersecurity and resiliency solutions for next generation space systems.
  • View the full release here: https://www.businesswire.com/news/home/20230518005175/en/
    Accenture has made a strategic investment, through Accenture Ventures, in SpiderOak, a leader in zero-trust cybersecurity and resiliency solutions for next generation space systems.
  • (Graphic: Business Wire)
    Based in Reston, Virginia, SpiderOak’s OrbitSecure product suite brings zero trust security to zero gravity environments.
  • “As the space economy grows, we anticipate that global demand for secure communications will soar,” said Paul Thomas , Space Innovation Lead, Technology Innovation at Accenture.

SES’s Third and Fourth O3b mPOWER Satellites Successfully Launched

Retrieved on: 
Samstag, April 29, 2023

Two additional O3b mPOWER satellites were successfully launched by a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida, United States, at 6:12 pm local time, SES announced today.

Key Points: 
  • Two additional O3b mPOWER satellites were successfully launched by a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida, United States, at 6:12 pm local time, SES announced today.
  • View the full release here: https://www.businesswire.com/news/home/20230428005618/en/
    The second pair of O3b mPOWER satellites will join the first two satellites launched in December 2022 , which have arrived at their target medium earth orbit (MEO) and are currently undergoing in-orbit check out.
  • The O3b mPOWER system will offer high-performance network services delivering industry-best throughput, predictable low latency, and ultra-reliable service availability.
  • For more information on how O3b mPOWER can bring a new level of performance to satellite-enabled communications, visit the newsroom .