Aerial refueling

Global Military Fixed-Wing Aircraft Market Report (2022 to 2032) - Players Include Lockheed Martin, Boeing, Saab and BAE Systems - ResearchAndMarkets.com

Retrieved on: 
Monday, October 3, 2022

The combat aircraft segment is expected to be the largest segment and accounts for 73.2% of the global military fixed wing aircraft market over the forecast period.

Key Points: 
  • The combat aircraft segment is expected to be the largest segment and accounts for 73.2% of the global military fixed wing aircraft market over the forecast period.
  • The global military fixed wing aircraft market is expected to grow at a CAGR of 3.12% over the forecast period.
  • The global military fixed wing aircraft market is classified into five categories: Combat Aircraft, ISR Aircraft, Training & Light Attack Aircraft, Transport Aircraft, and Tanker Aircraft.
  • Competitive landscape and strategic insights: analysis of the competitive landscape of the global military fixed wing aircraft market.

Key Opportunities in the Global Air Refueling Market to 2027: Increase in Demand for Autonomous Refueling Systems - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 7, 2021

The increase in development of lightweight and advanced aircraft is a key driving factor which expected to boost the global air refueling market growth over the forecast period.

Key Points: 
  • The increase in development of lightweight and advanced aircraft is a key driving factor which expected to boost the global air refueling market growth over the forecast period.
  • Furthermore, the increase in military aircraft upgrades and the presence of major manufacturer are expected to accelerate the global air refueling market growth.
  • Moreover, the increase in demand for autonomous refueling system will positively influence the market growth.
  • The high installation cost of the air refueling systems restricts all countries from adopting air refueling systems.

Teekay Group Announces Second Quarter 2021 Earnings Results Conference Calls

Retrieved on: 
Thursday, July 29, 2021

Accompanying Second Quarter of 2021 Earnings Presentations will also be available at www.teekay.com in advance of the conference call start times.

Key Points: 
  • Accompanying Second Quarter of 2021 Earnings Presentations will also be available at www.teekay.com in advance of the conference call start times.
  • The consolidated Teekay entities manage and operate total assets under management of approximately $9 billion, comprised of approximately 135 liquefied gas, offshore, and conventional tanker assets.
  • Teekay Tankers vessels are typically employed through a mix of short- or medium-term fixed-rate time charter contracts and spot tanker market trading.
  • Teekay Tankers was formed in December 2007 by Teekay Corporation as part of its strategy to expand its conventional oil tanker business.

V.Ships Norway Subscribes to KVH linkHUB Service Providing Quality Movie and TV Entertainment for Seafarers

Retrieved on: 
Thursday, June 3, 2021

V.Ships Norway initially trialed the service on one oil tanker and, following positive feedback from the crew, recently rolled it out to a total of 12 tankers.

Key Points: 
  • V.Ships Norway initially trialed the service on one oil tanker and, following positive feedback from the crew, recently rolled it out to a total of 12 tankers.
  • KVH linkHUB provided the solution we needed: up-to-date licensed content in a compact, easy to install media player that did not require specialist installation.
  • The companys KVH Media Group provides news, sports, and entertainment content through such brands as NEWSlink and SPORTSlink.
  • Note to Editors: For more information about KVH linkHUB, please visit the KVH website, https://www.kvh.com/support/linkhub-support .

Specular Theory Wins $4.5M Defense Contract Delivering Virtual Reality Training to Air Force Air Mobility Command and Air Force Global Strike Command

Retrieved on: 
Wednesday, June 2, 2021

This expansion includes adding more airframes and functionality to the company's Air to Air Refueling Real-Time Virtual Reality Simulator including Multiplayer capability which allows teams to train together remotely.

Key Points: 
  • This expansion includes adding more airframes and functionality to the company's Air to Air Refueling Real-Time Virtual Reality Simulator including Multiplayer capability which allows teams to train together remotely.
  • "The air refueling training Specular Theory produced has proven so successful that Air Mobility Command has asked to expand to multiple other aircraft.
  • The project was also observed by Global Strike Command and they have asked for the project to be expanded to the B-52.
  • It costs the Air Force approx $80,000 per flight to learn air refueling and typically takes six flights per pilot to show competency.

Eaton Completes Acquisition of Cobham Mission Systems

Retrieved on: 
Tuesday, June 1, 2021

Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Cobham Mission Systems.

Key Points: 
  • Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Cobham Mission Systems.
  • Cobham is a leading manufacturer of air-to-air refueling systems, environmental systems, and actuation, primarily for defense markets.
  • Were excited to welcome the Cobham team to Eaton, said Heath Monesmith, president and chief operating officer, Industrial Sector, Eaton.
  • This acquisition, along with our prior acquisition of Souriau-Sunbank , positions our Aerospace business well for the future.

Pyxis Tankers Announces Agreement to Acquire Modern Product Tanker

Retrieved on: 
Thursday, April 29, 2021

b'Maroussi, Greece \xe2\x80\x93 April 29, 2021 \xe2\x80\x93 Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), a growth-oriented pure play product tanker company, announced today that it has entered into a definitive agreement with an unaffiliated third party to purchase\xc2\xa0 a medium range product tanker of approximately 47,000 dwt built in 2013 at Hyundai Mipo shipyard in South Korea.

Key Points: 
  • b'Maroussi, Greece \xe2\x80\x93 April 29, 2021 \xe2\x80\x93 Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), a growth-oriented pure play product tanker company, announced today that it has entered into a definitive agreement with an unaffiliated third party to purchase\xc2\xa0 a medium range product tanker of approximately 47,000 dwt built in 2013 at Hyundai Mipo shipyard in South Korea.
  • The purchase price of $20 million is expected to be funded by a combination of bank debt and cash.
  • We are focused on growing our fleet of medium range product tankers, which provide operational flexibility and enhanced earnings potential due to their "eco" features and modifications.
  • As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements.

Air-to-Air Refueling Market worth $851 million by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, April 15, 2021

The US leads the air-to-air refueling market in North America.

Key Points: 
  • The US leads the air-to-air refueling market in North America.
  • The military aviation sector in North America is growing steadily, consequently created a significant demand for air-to-air refueling systems.
  • The presence of major players, OEMs, and component manufacturers are one of the key factors expected to boost the air-to-air refueling market in North America.
  • The US is expected to drive the growth of the North American air-to-air refueling market.

Air-to-Air Refueling Market worth $851 million by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, April 15, 2021

The US leads the air-to-air refueling market in North America.

Key Points: 
  • The US leads the air-to-air refueling market in North America.
  • The military aviation sector in North America is growing steadily, consequently created a significant demand for air-to-air refueling systems.
  • The presence of major players, OEMs, and component manufacturers are one of the key factors expected to boost the air-to-air refueling market in North America.
  • The US is expected to drive the growth of the North American air-to-air refueling market.

Eaton Signs Agreement to Acquire Cobham Mission Systems, Expanding Eaton Aerospace’s Fuel and Environmental Systems Offerings

Retrieved on: 
Monday, February 1, 2021

Power management company Eaton (NYSE:ETN) today announced it has signed an agreement to acquire Cobham Mission Systems (CMS), a leading manufacturer of air-to-air refueling systems, environmental systems, and actuation primarily for defense markets.

Key Points: 
  • Power management company Eaton (NYSE:ETN) today announced it has signed an agreement to acquire Cobham Mission Systems (CMS), a leading manufacturer of air-to-air refueling systems, environmental systems, and actuation primarily for defense markets.
  • Under the terms of the agreement, Eaton will pay $2.83 billion for CMS, inclusive of $130 million in tax benefits.
  • Cobham Mission Systems highly complementary products and strong position on growing defense platforms will enhance our fuel systems business and position our Aerospace business for future growth, said Heath Monesmith, president and chief operating officer, Industrial Sector, Eaton.
  • This news release contains forward-looking statements about the expected closing of the acquisition of Cobham Mission Systems and estimated Cobham Mission Systems 2021 EBITDA.