Eurofighter Typhoon

EQS-News: HENSOLDT achieves strong growth in 2023 financial year with high order intake and increased profitability

Retrieved on: 
Wednesday, March 13, 2024

With order intake at EUR 2,087 million, the high order intake of the previous year was even exceeded (previous year: EUR 1,993 million).

Key Points: 
  • With order intake at EUR 2,087 million, the high order intake of the previous year was even exceeded (previous year: EUR 1,993 million).
  • Driven by the positive business development, adjusted EBITDA increased by 12.8% to EUR 329 million (previous year: EUR 292 million).
  • The adjusted EBITDA margin excluding pass-through business was in line with expectations at 19.9% (guidance for the 2023 financial year: >19%).
  • Between October 2023 and January 2024 alone, HENSOLDT recorded an order intake of around EUR 1.1 billion, to which all business units contributed.

BAE Systems selected to enhance GPS technology on Eurofighter Typhoon

Retrieved on: 
Thursday, November 16, 2023

CEDAR RAPIDS, Iowa, Nov. 16, 2023 /PRNewswire/ -- Following successful activity to demonstrate functional compatibility and physical installation feasibility, BAE Systems Digital GPS Anti-jam Receiver (DIGAR™) has been selected to continue into the next phase of the Phase 4 Enhancements (P4E) capability program on the Eurofighter Typhoon aircraft. DIGAR will boost the protection of the aircraft from GPS signal jamming, spoofing, and Radio Frequency (RF) interference, so that pilots can execute their missions in the most heavily contested RF environments.

Key Points: 
  • DIGAR uses advanced antenna electronics, high-performance signal processing, and digital beamforming for significantly improved GPS signal reception and superior jamming immunity.
  • "Modern fighters require accurate positioning and navigation data for mission success in GPS contested environments," said Luke Bishop, director of Navigation and Sensor Systems at BAE Systems.
  • BAE Systems, as part of the four-nation Eurofighter consortium behind the aircraft, is continually investing in the Typhoon jet to maintain its cutting edge military capability.
  • To learn more about BAE Systems' military GPS technology, visit: www.baesystems.com/en/product/gps-products .

EQS-News: HENSOLDT continues growth trajectory with significant revenue growth in core business in the third quarter of 2023

Retrieved on: 
Thursday, December 14, 2023

Revenue at EUR 1,136 million; mainly driven by significant revenue growth of 15.0% in core business

Key Points: 
  • Revenue at EUR 1,136 million; mainly driven by significant revenue growth of 15.0% in core business
    Taufkirchen, November 9, 2023 – The HENSOLDT Group ("HENSOLDT") continued its positive business development in the first nine months of the 2023 financial year.
  • Driven primarily by significant revenue growth of 15.0% in the core business, adjusted EBITDA increased by 19.6% to EUR 151 million (previous year: EUR 126 million), while the adjusted EBITDA margin improved to 13.3% (previous year: 11.5%).
  • HENSOLDT yet again achieved a strong order intake of EUR 1,281 million (previous year: EUR 1,377 million).
  • This led to significant revenue growth of 15.0% in the core business.

Varjo Joins Forces with BAE Systems in Project OdySSEy, Showcasing the Future of Military Training

Retrieved on: 
Thursday, September 14, 2023

Working with leading minds in their field and combining it with BAE Systems' pedigree and deep understanding in delivering military training across the world, enables us to rapidly develop training for the future."

Key Points: 
  • Working with leading minds in their field and combining it with BAE Systems' pedigree and deep understanding in delivering military training across the world, enables us to rapidly develop training for the future."
  • "Together with BAE Systems in Project OdySSEy, we are pioneering a new era of training and simulation capabilities.
  • Varjo and BAE Systems will showcase the innovative training and simulation capabilities resulting from Project OdySSEy at DSEI, a global defence and security exhibition at the Excel in London's Royal Victoria Dock on September 12-15.
  • D3A Defense's JTAC Training in Mixed Reality: Explore joint terminal attack controller (JTAC) training in mixed reality, where the real and virtual worlds converge.

Varjo Joins Forces with BAE Systems in Project OdySSEy, Showcasing the Future of Military Training

Retrieved on: 
Thursday, September 14, 2023

Working with leading minds in their field and combining it with BAE Systems' pedigree and deep understanding in delivering military training across the world, enables us to rapidly develop training for the future."

Key Points: 
  • Working with leading minds in their field and combining it with BAE Systems' pedigree and deep understanding in delivering military training across the world, enables us to rapidly develop training for the future."
  • "Together with BAE Systems in Project OdySSEy, we are pioneering a new era of training and simulation capabilities.
  • Varjo and BAE Systems will showcase the innovative training and simulation capabilities resulting from Project OdySSEy at DSEI, a global defence and security exhibition at the Excel in London's Royal Victoria Dock on September 12-15.
  • D3A Defense's JTAC Training in Mixed Reality: Explore joint terminal attack controller (JTAC) training in mixed reality, where the real and virtual worlds converge.

RTX business Collins Aerospace selected by BAE Systems as Large Area Display provider for Eurofighter Typhoon cockpit development

Retrieved on: 
Wednesday, September 13, 2023

LONDON, Sept. 13, 2023 /PRNewswire/ -- RTX (NYSE: RTX) business Collins Aerospace has been selected by BAE Systems as the provider for Large Area Display technology to be integrated into the cockpits of future Eurofighter Typhoon aircraft.

Key Points: 
  • LONDON, Sept. 13, 2023 /PRNewswire/ -- RTX (NYSE: RTX) business Collins Aerospace has been selected by BAE Systems as the provider for Large Area Display technology to be integrated into the cockpits of future Eurofighter Typhoon aircraft.
  • "Our Large Area Display for Eurofighter Typhoon cockpits represents a game-changing advancement in combat aviation," said Craig Bries, VP GM, Marketing, Sales, & Aftermarket Services, Collins Aerospace.
  • Collins Aerospace will work with BAE Systems to develop a Large Area Display solution that leverages existing, field-proven design elements while incorporating the latest available display technologies in order to minimise obsolescence and development schedule risks.
  • Collins Aerospace has a long-standing relationship with BAE Systems, which has evolved through successful collaboration on the Tornado, Eurofighter Typhoon and Hawk aircraft programs.

EQS-News: HENSOLDT increases order intake and profitability in the first half of 2023

Retrieved on: 
Friday, July 28, 2023

Order intake in the first half of 2023 was EUR 1,071 million and therefore remained at a very high level (previous year: EUR 948 million).

Key Points: 
  • Order intake in the first half of 2023 was EUR 1,071 million and therefore remained at a very high level (previous year: EUR 948 million).
  • In light of its positive net income in the first half of 2023, HENSOLDT is confirming its short- and medium-term guidance and specifies its expected full-year revenue for 2023 at approximately EUR 1,850 million.
  • This is reflected in the dynamism of our KPIs: We realized an order intake of over EUR 1 billion.
  • For the 2023 financial year, HENSOLDT is expecting further positive business performance and anticipates moderate growth in its order intake due to budget increases and further contracts from the German federal government’s special fund.

EQS-News: HENSOLDT continues growth trajectory in first quarter of 2023 and confirms guidance

Retrieved on: 
Tuesday, May 9, 2023

Taufkirchen, May 9, 2023 – The HENSOLDT Group (“HENSOLDT”) again delivered positive overall business performance in the first three months of the current financial year.

Key Points: 
  • Taufkirchen, May 9, 2023 – The HENSOLDT Group (“HENSOLDT”) again delivered positive overall business performance in the first three months of the current financial year.
  • In the first quarter of 2023 the company significantly increased its revenue by a significant 18% year over year to EUR 338 million (Q1 2022: EUR 286 million).
  • Thomas Müller, Chief Executive Officer of the HENSOLDT Group, says: “The positive business performance in the first quarter of 2023 confirms our sustainable growth path and shows how seriously we at HENSOLDT take the new role and special responsibility of the defence industry.
  • Consequently, HENSOLDT expects moderate organic revenue growth between 7% and 10% as well as moderately rising adjusted EBITDA.

EQS-News: HENSOLDT grows significantly in 2022 financial year and stands ready as strong technology partner for the “Zeitenwende”

Retrieved on: 
Thursday, February 23, 2023

Taufkirchen, 23 February 2023 – The HENSOLDT Group met or exceeded its target on all key performance indicators in the 2022 financial year.

Key Points: 
  • Taufkirchen, 23 February 2023 – The HENSOLDT Group met or exceeded its target on all key performance indicators in the 2022 financial year.
  • Revenue grew significantly in 2022 by 16% to € 1,707 million (previous year: € 1,474 million).
  • The adjusted EBITDA margin excluding business volume with low share of added value likewise increased significantly to 20.4% (previous year: 19.4%).
  • Thomas Müller, CEO of HENSOLDT AG: “2022 was a momentous year for the global security order as well as for HENSOLDT as a company.

EQS-News: HENSOLDT AG continues profitable growth in third quarter and confirms guidance

Retrieved on: 
Friday, November 11, 2022

Taufkirchen/Germany, 10 November 2022 HENSOLDT AG (HENSOLDT) continued its growth trajectory in the first nine months of 2022 and further strengthened its strategic position in the European security and defence industry.

Key Points: 
  • Taufkirchen/Germany, 10 November 2022 HENSOLDT AG (HENSOLDT) continued its growth trajectory in the first nine months of 2022 and further strengthened its strategic position in the European security and defence industry.
  • Continued high customer demand for the sensor specialists products and solutions is reflected in a strong order intake of EUR 1.377 billion.
  • Thomas Mller, CEO of HENSOLDT AG: Our new orders for the Eurofighter and the F126 frigate prove that we are setting the right priorities in our business.
  • Given the companys successful business performance in the first three quarters, HENSOLDT has confirmed its full-year guidance for all key performance indicators.