Eurofighter Typhoon

BAE Systems Awarded £80 Million in Typhoon Avionics Support Contracts

Retrieved on: 
Thursday, November 3, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221103005362/en/
    BAE Systems will continue to service and support the Eurofighter Typhoon aircrafts avionics for the platforms founding nations air forces.
  • (Credit: BAE Systems)
    The agreements, worth 80 million, secure ongoing service and repairs for key avionics equipment such as displays, flight controls, and Helmet Mounted Displays, ensuring that the Typhoon is ready for deployment at all times.
  • BAE Systems avionics service and support team helps our customers ensure that Typhoon is ready to secure our skies and support the UKs international allies 24/7, 365 days a year, said Jim Whittington, senior project manager at BAE Systems Rochester, UK facility.
  • Avionics service and support is a core focus for BAE Systems facility in Rochester, UK.

DGAP-News: HENSOLDT AG significantly increases revenue and earnings in the first half of 2022 and raises guidance for book-to-bill ratio

Retrieved on: 
Thursday, August 4, 2022

Taufkirchen/Germany, 4 August 2022 HENSOLDT AG (HENSOLDT) accelerated its growth trajectory in the first half of 2022 and took important steps to extend its strategic position in the European security and defence industry.

Key Points: 
  • Taufkirchen/Germany, 4 August 2022 HENSOLDT AG (HENSOLDT) accelerated its growth trajectory in the first half of 2022 and took important steps to extend its strategic position in the European security and defence industry.
  • Following the positive business performance in the first half year, HENSOLDT has confirmed its full-year guidance for revenue, adjusted EBITDA, net financial leverage and dividend.
  • Due to enhanced sales pipeline visibility, the company has raised its guidance for the book-to-bill ratio (order intake to revenues) to between 1.1 and 1.2.
  • Thomas Mller, CEO of HENSOLDT AG, said: The first half year underscores that HENSOLDT is approaching the massive effort faced by our industry from a position of strength.

Leonardo and BAE Systems Announce UK-Italy Collaboration on Future Combat Air System Programme

Retrieved on: 
Wednesday, July 20, 2022

FARNBOROUGH, United Kingdom, July 20, 2022 (GLOBE NEWSWIRE) -- Leonardo and BAE Systems are actively progressing UK-Italy collaboration opportunities on the demonstrator aircraft as part of the Future Combat Air System (FCAS) programme, in the framework of a cooperation path launched by Italy and the UK in the Defence sector.

Key Points: 
  • FARNBOROUGH, United Kingdom, July 20, 2022 (GLOBE NEWSWIRE) -- Leonardo and BAE Systems are actively progressing UK-Italy collaboration opportunities on the demonstrator aircraft as part of the Future Combat Air System (FCAS) programme, in the framework of a cooperation path launched by Italy and the UK in the Defence sector.
  • This approach allows the companies of the two countries to identify shared areas of collaboration and begin joint analysis on possible activities of shared interest, after the two companies reached a collaboration agreement within the Future Combat Air System (FCAS) programme.
  • This ambitious project will allow participating countries to maintain national sovereignty in the Combat Air sector, while redesigning future operational and industrial capabilities in the aerospace sector.
  • The collaboration between Leonardo and BAE Systems focuses on the application of Model Based System Engineering (MBSE) design methodologies and the joint development of enabling technologies for the national sovereignty of the future system.

Forecast International: Fighter Aircraft Market Worth $260B over Next 10 Years

Retrieved on: 
Monday, July 18, 2022

FARNBOROUGH, England, July 18, 2022 /PRNewswire/ -- In its new study "The Market for Fighter Aircraft," Forecast International projects manufacturers of fighter aircraft are forecast to build over 3,855 fighters from 2022 through 2031.

Key Points: 
  • FARNBOROUGH, England, July 18, 2022 /PRNewswire/ -- In its new study "The Market for Fighter Aircraft," Forecast International projects manufacturers of fighter aircraft are forecast to build over 3,855 fighters from 2022 through 2031.
  • Production will top 400 aircraft by 2023 and then remain roughly at that level through 2027.
  • The Russian invasion of Ukraine has illustrated the need for a strike fighter that can operate in a high threat environment.
  • Forecast International representatives will be available during the Farnborough International Airshow (Hall 3, Booth 2521) to demonstrate the company's extensive line of Aerospace & Defense Market Intelligence products, including Platinum Forecast System 4.4.

Spanish Order Expands Typhoon’s Role Securing European Air Defence

Retrieved on: 
Thursday, June 23, 2022

A major new order by Spain to expand its frontline fleet with 20 new Eurofighter Typhoons underlines the importance of the aircraft's role as the backbone of European defence.

Key Points: 
  • A major new order by Spain to expand its frontline fleet with 20 new Eurofighter Typhoons underlines the importance of the aircraft's role as the backbone of European defence.
  • View the full release here: https://www.businesswire.com/news/home/20220623005556/en/
    SPANISH ORDER EXPANDS TYPHOONS ROLE SECURING EUROPEAN AIR DEFENCE (Photo: Business Wire)
    The announcement made at the ILA Berlin International Air Show today will see the number of Typhoons in Europe increase to 545 aircraft, delivered or on order.
  • The order will see the Eurofighter consortium deliver aircraft for the Spanish Air Force equipped with an advanced new electronically-scanning radar, ensuring it is ready to be part of the future battlespace into the 2060s and beyond.
  • The announcement by Spain follows an order for 38 new Typhoons for Germany in November 2020.

DGAP-News: HENSOLDT AG with strong start to the year in the first quarter of 2022

Retrieved on: 
Thursday, May 5, 2022

Taufkirchen/Germany, 5 May 2022 HENSOLDT AG (HENSOLDT) has started the new fiscal year with continued strong growth in orders intake, revenue and earnings.

Key Points: 
  • Taufkirchen/Germany, 5 May 2022 HENSOLDT AG (HENSOLDT) has started the new fiscal year with continued strong growth in orders intake, revenue and earnings.
  • Revenue of EUR 286 million (Q1 2021: EUR 209 million) significantly exceeded the prior-year figure by 37 percent.
  • On the basis of the substantial growth and positive business performance in the first quarter, HENSOLDT is confirming its outlook for the 2022 fiscal year for all key performance indicators.
  • Thomas Mller, CEO of HENSOLDT AG, said: Our successful start to the fiscal year proves once again that we are setting the right strategic priorities.

BAE Systems Launches New Lightweight Head-Up Display – LiteWave®

Retrieved on: 
Wednesday, May 4, 2022

BAE Systems has unveiled a new lightweight, compact Head-Up Display (HUD) for use in commercial and military aircraft.

Key Points: 
  • BAE Systems has unveiled a new lightweight, compact Head-Up Display (HUD) for use in commercial and military aircraft.
  • View the full release here: https://www.businesswire.com/news/home/20220504005264/en/
    BAE Systems has unveiled a new lightweight, compact Head-Up Display (HUD) for use in commercial and military aircraft.
  • LiteWave can be fitted into virtually any cockpit in the world, said Lee Tomlinson, director of HUD products at BAE Systems Electronic Systems business.
  • LiteWave is manufactured at BAE Systems Electronic Systems site in Rochester, UK, which has innovated and invested in cockpit displays for over 60 years.

Coda Octopus Group Reports Financial Results for the 2022 First Quarter

Retrieved on: 
Wednesday, March 16, 2022

ORLANDO, FL, March 16, 2022 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its unaudited financial results for its first quarter ended January 31, 2022 (FQ2022).

Key Points: 
  • ORLANDO, FL, March 16, 2022 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its unaudited financial results for its first quarter ended January 31, 2022 (FQ2022).
  • Annmarie Gayle, CODAs Chairman and CEO, commented: I am very pleased that our financial results for the FQ2022 improved over the comparable period last year (FQ2021).
  • In addition to the Marine Products business, Coda Octopus Products Ltd., CODAs two defense engineering services businesses are Coda Octopus Colmek and Coda Octopus Martech.
  • Coda Octopus Group, Inc. does not undertake, and specifically disclaims any obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur.

DGAP-News: HENSOLDT AG significantly expands order backlog and generates double-digit revenue growth

Retrieved on: 
Wednesday, November 10, 2021

This increases the total order backlog by 59% to EUR 5.363 billion (previous year: EUR 3.379 billion).

Key Points: 
  • This increases the total order backlog by 59% to EUR 5.363 billion (previous year: EUR 3.379 billion).
  • Thomas Mller, CEO of HENSOLDT AG, said: "We are very proud of our performance over the past nine months.
  • Axel Salzmann, CFO of HENSOLDT AG, said: "We are very pleased that we have once again exceeded expectations.
  • The results for the first nine months of 2021 are available on the Investor Relations website of HENSOLDT AG.

Cobham Mission Systems Wins Contract to Provide Countermeasure Systems to German Air Force’s New Eurofighters

Retrieved on: 
Thursday, April 29, 2021

b"Cobham Mission Systems , a leading supplier in military aircraft countermeasure components , announced today it has won subcontracts to provide chaff and flare dispenser equipment for the German Air Force\xe2\x80\x99s Quadriga Tranche 4 Eurofighter Typhoon fleet.

Key Points: 
  • b"Cobham Mission Systems , a leading supplier in military aircraft countermeasure components , announced today it has won subcontracts to provide chaff and flare dispenser equipment for the German Air Force\xe2\x80\x99s Quadriga Tranche 4 Eurofighter Typhoon fleet.
  • Chaff and flares are fundamental components of an effective, integrated self-defence suite, helping pilots to fulfill their missions and return safely to base.
  • \xe2\x80\x9cCobham Mission Systems has supported the Typhoon program from the start and has provided essential equipment for more than 550 Eurofighter Typhoon aircraft currently in service.
  • Proven and trusted solutions include air-to-air refuelling, fuel tank inerting, life support, space propulsion, weapons carriage and missile actuation that enable customers to achieve mission success.