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EADS reports 2009 results

EADS, the owner of Airbus, slumps to a loss

GKN “optimistic” about manufacturing pick-up

GKN, one of Britain's largest manufacturers, narrowed its losses considerably last year and is becoming increasingly confident about the outlook of its markets

European governments reach A400M agreement

European governments have reached an agreement on sharing the costs of the A400M military transport plane

BAE suffers profits dip

The failure to win a U.S. vehicle contract costs UK defence giant BAE Systems, which has reported a sharp fall in profits

Bombardier Aerospace to open service facility in Macon

Company also signs 10-year maintenance agreement with Atlantic Southeast Airline

Rolls Royce profits rise as it reports record order book

Aerospace and engineering company Rolls Royce reports a net profit of 2.22 billion pounds in 2009 as its order book reaches a record high

The Rolls Royce three-shaft family of turbofan engines

GE profits fall

General Electric (GE) has reported a drop in quarterly profits after demand for the U.S. industrial giant’s heavy equipment remained sluggish

Saab to cut job jobs in Sweden

Saab has announced that it has been forced to cut 115 jobs following a dip in the Aeronautics industry

Airbus may cancel A400M

Airbus Chief Executive Tom Enders tells the BBC that he may cancel A400M military plane

Airbus A400M first flight - photo by A.De Pablo / MANGO Producciones

Boeing aircraft orders drop

US-based aircraft manufacturer Boeing has reported a significant drop in commercial aircraft orders for 2009

Dreamliner to make maiden flight

The Dreamliner's first flight, delayed since August 2007, is fast approaching – could the plane change Boeing’s fortunes?

Airbus A400M takes off in Seville

After a considerable delay and a huge budget overspend, the Airbus A400M has finally taken off

Rolls-Royce wins £1.2bn United order

Rolls-Royce has won a 1.2 billion pound deal to supply aircraft engines to U.S. airline United Airlines

BAE Systems to cut more than 600 jobs

BAE Systems has announced it will soon start consultation regarding 642 potential job losses across eight UK sites

BAE Systems wins Royal Navy contract

BAE systems has won a 3.4 million pound contract to develop next generation warships for the Royal Navy.

The existing Type 23 class frigates will be replaced

BAE Systems wins two ICSA awards

Defense contractor BAE Systems scoops prestigious corporate awards.

ASC welcomes new CEO

Australian submarine and shipbuilder ASC has welcomed the appointment of Mr Stephen Ludlam as the company’s new Managing Director and Chief Executive Officer.

Aerospace and defence M&A activity declines again

Small is the name of the game in aerospace and defence sector deals, says PricewaterhouseCoopers LLP.

Rolls-Royce order book boosted by 3 new contract wins

Rolls-Royce has announced three new contract wins, which will see it supply Trent aviation engines, as well as V2500 engines, to several international clients.

Rolls-Royce reveals Air China order

Rolls-Royce, the global power systems company, has won a $1.5 billion order to power 20 Air China aircraft.

Rolls-Royce establishes presence in Qatar Science and Technology Park

Rolls-Royce has signed an agreement to support Qatar's mission to create a "hub for technology development" at Dubai Airshow, which started today

The Rolls-Royce three-shaft family of turbofan engines encompasses the RB211-535, RB211-524 and the Trent 500, 700 and 800.

Boeing reports third quarter loss

Plane maker Boeing has announced worse than expected third-quarter figures, reporting a net loss of $1.6 billion.

787 Dreamliner Moves to Modification Location

Rolls-Royce “invests in America”

Global power systems company Rolls-Royce is expanding its U.S. capability through the construction of a new manufacturing facility in Virginia

Rolls-Royce has invested over £200 million in new facilities over the last year. Image reproduced with kind permission of Rolls-Royce

BAE Systems faces bribery charges in South Africa

Manufacturing Digital has learnt that BAE Systems is facing bribery charges in several countries, including South Africa.

BAE Systems plans further job cuts, site closure

Defence giant BAE Systems to axe 1,000 jobs and close site at Woodford in Cheshire.

Typhoon Final Assembly - BAE Systems, Warton

Airbus to receive £340m Government loan

The Government has confirmed that it will lend leading aircraft manufacturer, Airbus, 340 million pounds to support the development of its latest passenger plane, the A350 XWB.

Airbus wins 140 aircraft orders

Airbus won 140 aircraft orders in the first seven months of the year, boosted by a deal for 50 A320 planes from low-cost carrier Wizz announced at June's Paris Air Show and confirmed in July, the European planemaker said.

In this file photo an Air France Airbus A 320 sits on the runway at Paris's Charles de Gaulle airport March 2 after being hijacked between Marseille and Paris . Airbus won 140 aircraft orders in the first seven months of the year, boosted by a deal for 50 A320 planes from low-cost carrier Wizz announced at June's Paris Air Show and confirmed in July, the European planemaker said. REUTERS/Phil.....

Bombardier gets order for five Q400 airliners

Bombardier Aerospace, the planemaking unit of Canada's Bombardier Inc, said it received a firm order for five Q400 NextGen turboprop airliners valued at about $159 million.

Bombardier Inc.'s Laurent Beaudoin (R), chairman of the board of directors and his son Pierre Beaudoin, president and chief executive officer wait for the start of the company's annual general meeting in Montreal, June 3, 2009. REUTERS/Christinne Muschi

Rolls-Royce flies through recession

Aircraft engine manufacturer Rolls-Royce is “on track” to meet its full-year financial targets after a boom in orders.

Vestas goes to court to end factory sit-in

Wind turbine maker Vestas is to go to court on Wednesday to seek an order to remove workers staging a sit-in at the company's blade factory on the Isle of Wight, the RMT union said.

Denmark's Crown Prince Frederik speaks during the ground-breaking ceremony for a new Vestas blade plant in Brighton, Colorado March 25, 2009. REUTERS/Bret Hartman

EADS shares up despite H1 profit dip

Airbus parent EADS rallied investors by hiking cash forecasts and maintaining other goals on Tuesday, despite only temporarily putting off a major defence writedown and expressing concerns over A380 superjumbo costs.

An Airbus A380 takes part in a flying display during the 48th Paris Air Show at the Le Bourget airport near Paris, June 16, 2009. EADS rallied investors by hiking cash forecasts and maintaining other goals on Tuesday, despite only temporarily putting off a major defence writedown and expressing concerns over A380 superjumbo costs. REUTERS/Pascal Rossignol

Honeywell profit falls 38 percent

Honeywell International Inc reported a 38 percent drop in earnings and cut its full-year profit forecast, saying that the recession was matching up to the worst of its expectations.

A Pilot holds the commands of a Gulfstream G450 aircraft, equiped with the Enhanced Ground Proximity Warning System (EGPWS) and the Synthetic Vision display of Honeywell during a demonstration flight at the 8th Annual European Business Aviation Convention & Exhibition (EBACE) which takes place in Geneva May 20, 2008. REUTERS/Denis Balibouse

A400M buyers to renegotiate plane deal

CASTELLET, European NATO nations agreed on Friday to renegotiate the cost and scale of a 20 billion euro (17.3 billion pounds) defence contract with planemaker Airbus after technical problems and cost overruns plagued development of its A400M military plane.

Spain's Defence Minister Carme Chacon (C) poses in front of the A400M troop transporter with defence officials from Europe at an aeronautical factory in Seville June 22, 2009. The officials include Belgium's Pieter De Crem (2nd L), Turkey's Vecdi Gonul (3rd L), France's Herve Morin (4th L), Britain's Quentin Davies (2nd R) and Luxembourg's Luc Frieden (4th R). European nations on Monday agree.....

Britain seen backing A400M plane

Doubts over British participation in Europe's biggest military project are likely to be lifted -- at least for the time being -- when partners in the delayed A400M transport plane meet on Friday, defence sources said.

Boeing profit up

Boeing said on Wednesday its quarterly profit increased more than expected, driven by growth in defence programs.

A member of the public walks past models of Boeing military aircraft at the Australian International Airshow in Melbourne March 10, 2009. REUTERS/Mick Tsikas

Bodycote to miss forecasts if demand stays week

Engineer Bodycote expects 2009 earnings to miss analysts' consensus forecast if demand in its main car, aerospace and oil and gas markets remains at current depressed levels, it said on Friday.

Qantas Dreamliner order cancelled

Qantas has cancelled an order for 15 Boeing 787 Dreamliner aircraft, citing “dramatic changes” to the global economic environment.

Kongsberg wins U.S. Army contract

Kongsberg receives $22.4 million contract from U.S. Army for CROWS.

Bombardier, CAW reach tentative deal, avoid strike

A strike by nearly 3,000 workers at Bombardier's de Havilland aircraft plant in Toronto has been avoided after the company and the Canadian Auto Workers reached a last-minute contract deal, the union said on Tuesday.

Canadian Auto Workers (CAW) president Ken Lewenza listens during a news conference in Toronto in this May 22, 2009 file photo. REUTERS/ Mike Cassese

Boeing delays Dreamliner test flight again

Boeing Co on Tuesday said the first test flight of its long-delayed 787 Dreamliner would be postponed again, a move sure to disappoint investors and customers who have ordered the revolutionary carbon-composite aircraft.

The Boeing 787 Dreamliner aircraft is surrounded by employees and special guests during its world premiere outside the Boeing assembly plant in Everett, Washington, July 8, 2007. REUTERS/Robert Sorbo

Virgin Atlantic in talks for 50 Airbus planes

Virgin Atlantic will take delivery of 10 new Airbus A330-300 aircraft between now and 2012, and also is in talks with Airbus to buy 50 A350 aircraft from 2014.

Entrepreneur Richard Branson arrives at the Virgin Atlantic 25th anniversary party in New York June 22, 2009. REUTERS/Eric Thayer

China Eastern agrees to buy 20 aircraft from Airbus

State-controlled China Eastern Airlines has signed an agreement with Airbus to purchase 20 A320 aircraft for delivery between 2011 and 2013.

Bombardier: CSeries on track for 2013

Bombardier said it is on track to deliver the first CSeries single-aisle airliner in 2013.

Airbus A350 financing decision by end-June

European planemaker Airbus took a step closer to winning government loans to develop its A350 jetliner on Monday, drawing an immediate response from U.S. rival Boeing which called the move illegal.

In this file photo Tom Enders, Airbus President and CEO, attends a virtual A350 XWB final assembly line ground breaking ceremony in Colomiers near Toulouse January 14, 2009. REUTERS/Jean-Philippe Arles

Rolls-Royce secures over £1.2 in orders

Rolls-Royce secured a bumper $2.1 billion (1.28 billion pounds) in new orders at the Paris Air Show on Monday, showing the engine maker is still winning business despite the industry downturn.

Paris Air Show: Day one

With day one of the Paris Air Show drawing to a close, Manufacturing Digital looks at the first deals to be struck and learns that it isn’t all doom and gloom for the world’s aviators.

GE Capital Aviation Services names new President and CEO

Norman Liu promoted to President and CEO; Henry Hubschman to become Chairman.

GE Capital Aviation Services is the U.S. and Irish commercial aircraft financing and leasing business of GE

Saudi to start taking Eurofighters

Saudi Arabia will start taking delivery of most of the 72 Eurofighter aircraft on order from BAE Systems within weeks, the state news agency has reported.

Typhoon jets fly over RAF Coningsby, central England, July 11, 2007. REUTERS/Darren Staples

Boeing cuts global outlook for aircraft demand

U.S. aircraft maker Boeing has slashed its forecasts for new plane demand due to the industry downturn, and said it was focused on delivering existing orders rather than chasing new ones.

BAE Systems acquires Advanced Ceramics Research

BAE Systems has completed its acquisition of Advanced Ceramics Research Inc, an Arizona-based producer of small Unmanned Aircraft Systems.

GE Aviation: Orders may fall

The world’s largest maker of jet engines expects orders to fall this year as plane buying slows.

GE Aviation sees orders falling this year

United asks Boeing, Airbus to bid for 150 planes: report

UAL Corp's United Airlines has asked Boeing Co and Airbus to propose competing bids to supply up to 150 new airliners, the Wall Street Journal said on its website on Thursday.

Bombardier profit falls 31 percent

Profit at Bombardier Inc fell 31 percent in the latest quarter as the number of corporate jet cancellations surged due to the recession, but weakness in the aerospace market may have bottomed out, the company said on Wednesday.

Pierre Beaudoin (L), president and chief executive officer of Bombardier Inc., and his father Laurent Beaudoin, chairman of the board of directors, pose prior to the company's annual general meeting in Montreal, June 3, 2009. REUTERS/Christinne Muschi

Government approves Eurofighter contract

Gordon Brown has committed to an order for Britain’s Eurofighter Typhoon jets following months of deliberation over the costs of the programme.

Govt assessing cost of cancelling Eurofighter

Defence and finance ministry officials held talks on Monday to assess the financial implications if Britain cancelled part of its Eurofighter defence contract, defence sources said.

In this file photo an EADS Eurofighter Typhoon jet takes off in front of the Mount Pilatus at the Swiss Army Airbase in Emmen, central Switzerland November 11, 2008. REUTERS/Michael Buholzer

Airbus changes A380 delivery schedule for 2009/2010

According to the new plan, the planemaker expects to deliver 14 double-decker aircraft in 2009 and more than 20 aircraft in 2010.

BAE Systems to cut 500 UK jobs

Europe’s biggest military contractor BAE Systems is to close three factories in the UK, resulting in the loss of 500 jobs.

Aviation, the next generation

U.S. Chamber calls maintaining and modernising U.S. aviation system “national priority”.

Airbus admits to spying

Aircraft maker Airbus has admitted to spying on its staff in an attempt to uncover potential corruption.

Almost 1,000 jobs to go at Bombardier in Belfast

Almost 1,000 jobs are to go at Bombardier Aerospace factories in Northern Ireland following a redundancy announcement this morning.

Airbus eases A400M row

European aerospace firm EADS drew back from a fresh row over its delayed A400M military transport plane after the head of its Airbus unit talked of scrapping it, and dismissed a report that he could quit.

A visitor looks at a model of the A400M military airlift aircraft designed by Airbus Military at the International Aerospace Exhibition ILA at Berlin's Schoenefeld airport May 7, 2002. REUTERS/Fabrizio Bensch

Bombardier sees big gains when economy picks up

Bombardier Inc said on Tuesday it expects big gains in aircraft orders as the economy picks up and companies start to replace older, inefficient planes mothballed during the downturn.

Bombardier to sell up to 60 aircraft to Lufthansa

(Reuters) - Bombardier Aerospace, a division of Bombardier Inc , signed a deal to sell 30 CSeries aircraft to Deutsche Lufthansa AG for about $1.53 billion.

EADS posted 11 percent rise in 2008 sales: report

European aerospace and defense group EADS posted an 11 percent rise in 2008 sales to around 43 billion euros ($54.36 billion), Financial Times Deutschland reported on Monday, citing an employee newsletter.

GKN warns of further job cuts

GKN has warned of 2,400 job cuts this year as car sales continue to rapidly decline in the global economic crisis.

Rolls-Royce wins two U.S. helicopter contracts

Rolls-Royce Group announced two new contracts on Sunday -- a $35 million (24 million pound) deal with the U.S. Army and a deal worth up to $400 million with Bell Helicopter -- and said it expects more than 15,000 turbine helicopter deliveries over the next ten years.

BAE Systems reports 94% profit rise

Europe’s biggest defense company reported a better than expected rise in annual profits for 2008 helped by organic growth in its US businesses.

Bombardier shares drop 4 percent after airliner crash

Shares of Bombardier Inc fell 4.3 percent at market open on Friday after a Dash 8 Q400 turboprop aircraft manufactured by the company crashed late Thursday in Buffalo, New York, killing 50 people.

Pratt & Whitney Canada slashes 1,000 jobs

Aircraft engine manufacturer Pratt & Whitney Canada said on Thursday it will lay off up to 1,000 workers from its global operations as it scrambles to respond to a plunge in the business jet market.

F-22 showing F119 engines in afterburner

Rolls-Royce reports full-year loss

Aircraft engine manufacturer Rolls-Royce plc has reported a full-year loss of 1.34 billion pounds.

Bombardier to cut 1,400 jobs as jet orders decline

Bombardier Inc's aerospace unit plans to cut more than 1,300 jobs in response to a softening market for business jets, the company said on Thursday.

A man uses a computer at a booth featuring posters of Bombardier business jets during the Asian Business Aviation Conference & Exhibition 'ABACE 2007' in Hong Kong February 6, 2007. REUTERS/Bobby Yip

Bombardier shares sag after analysts cut targets

Shares of Bombardier Inc slid 9 percent on Monday as dwindling prospects for future aircraft deliveries prompted analysts to cut their price targets for the Canadian aerospace and transportation company.

Chemring profit below forecasts

Military goods maker Chemring Group reported full-year profit slightly below forecasts, but said it could post above average growth this year in spite of economic uncertainties.

EADS pledges to protect 9 billion euro cash pile

NEWPORT, European aerospace group EADS pledged on Tuesday to make conserving cash its top priority during the financial crisis as it considers propping up plane sales to crisis-hit airlines with financial incentives.

Airbus employees pose next to an A380 aircraft during a hand-over ceremony in Hamburg, July 28, 2008. REUTERS/Tobias Schwarz

Airbus to win bet with A380 delivery

Dubai's Emirates airline was set to receive its fourth A380 superjumbo on Tuesday, winning a champagne bet for the head of manufacturer Airbus as it reached a key 2008 target with two days to spare.

An Airbus A380 passenger aircraft is displayed one day before the opening of the 7th China International Aviation & Aerospace Exhibition, or Airshow China 2008, in the southern Chinese city of Zhuhai November 3, 2008. REUTERS/Bobby Yip

US awards GD and Northrop submarine deal

The U.S. Navy on Monday awarded a $14 billion (9.4 billion pound) contract to General Dynamics Corp and Northrop Grumman Corp for eight Virginia-class submarines, saying it had met a "nearly impossible" target of cutting the cost of each ship by $400 million.

A Virginia-class submarine in an undated photo. The U.S. Navy on Monday awarded a 9.4 billion pound contract to General Dynamics and Northrop Grumman for eight Virginia-class submarines, saying it had met a

Esterline to buy Racal Acoustics

(Reuters) - Aerospace and defence industry supplier Esterline Technologies Corp said it will buy UK-based Racal Acoustics for about 115 million pounds to enhance its combat troop support equipment capability.

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