AINalerts » April 28, 2011

April 28, 2011 - 11:10am


April 28, 2011 - 11:00am

With defense spending remaining a target of increased budget scrutiny, General Dynamics chairman and CEO Jay Johnson said yesterday that he sees the company’s Gulfstream Aerospace division as its main “growth engine.” During the first-quarter investor conference call yesterday morning, Johnson said the firm’s aerospace division, which includes Gulfstream and Jet Aviation, had a  “strong quarter” with $1.353 billion in revenues, just $4 million

April 28, 2011 - 10:50am

After getting peppered with questions from investor analysts yesterday about how the April 2 crash of a flight-test G650 would affect the aircraft program, Jay Johnson, chairman and CEO of Gulfstream parent General Dynamics, finally relented.

April 28, 2011 - 10:45am

In its newly released annual safety management system (SMS) audit results report, Argus says its Prism subsidiary has generally found a lack of SMS training at several business aviation flight departments. This latest report is based on 65 audits Argus performed last year, from which the Prism team reviews and compiles the results.

April 28, 2011 - 10:40am

Russian Helicopters and engine manufacturer Turbomeca announced this week that they have signed “contracts” for the supply of “at least” 308 Ardiden 3G turboshafts to be installed on the “updated” Kamov Ka-62 medium-twin helicopter. This announcement follows the “protocol of intentions” signed in February last year and some back-and-forth considerations since for other engine suppliers.

April 28, 2011 - 10:30am

The historic hangars that have provided a base for the Labace show in São Paulo, Brazil, could soon be demolished to provide additional space for operations at Congonhas Airport.


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