Alenia CEO Giovanni Bertolone said that his company’s partnership with Sukhoi for the Superjet 100 regional airliner could expand to include other businesses within the Finmeccanica group and a potential support role for the EADS/Alenia-owned Avions de Transport Regional (ATR).
When the U.S. Navy retired its Kaman SH-2s from service, the manufacturer had an opportunity to refurbish airframes and convert them to SH-2G Super Seasprite standard for resale to approved customers worldwide.
Boeing’s booming airliner programs are boosting the stock values of its suppliers and making them much more visible. As a consequence, first and second tier suppliers are increasingly likely to find themselves takeover targets, according to mergers and acquisitions expert Michael Richter.
The Mitsubishi interest in the next generation of regional jets is evident from a model displayed at Hall 2 Stand C17. The Japanese government is funding initial development but the company is seeking partners in order to launch the program by the end of 2007.
Selex Sensors & Airborne Systems (Outside Exhibit 2) has flown its new PicoSAR synthetic aperture radar, demonstrating the system’s ability to map both urban and rural areas at altitudes ranging from 3,000 to 9,500 feet.
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