The Moroccan aerospace industry has made significant strides in recent years to position itself as a lower cost base than nearby Europe. But this could be undermined if mounting political unrest in the north African country boils over into violence.
CEO of EADS North America Sean O’Keefe believes that there is a bright side for his company in losing the massive U.S. tanker contract. Most of all, he said, “It was a good way to demonstrate what we could do and it validated what we can do.”
Airbus Military wants to boost revenue derived from support services from the current 10 to 15 percent of the total to between 30 and 40 percent during the next five years. It is offering to the customers that are buying the A330 tanker and the A400M airlifter a menu of options that have been developed from training and maintenance contracts for the CN235 and C295 military transport aircraft.
Building on a strong upturn in global airline traffic, Airbus is ramping up production of all its models–A320 family, A330 and A380–while keeping a careful eye on possible supply chain issues that could hit increased output rates for these models and also for the new A350 XWB widebody. Meanwhile, costs and an uncompetitive euro-dollar exchange continue to give headaches to the European airframer’s top management.
European aerospace giant EADS and its four divisions–Airbus, Astrium, Cassidian and Eurocopter–will hold more than 20 workshops here at the Paris Air Show to help recruit more than 4,000 new-hire employees and 4,000 interns. Entitled “Work for EADS,” the workshops will take place every day this week, apart from Sunday. Participants will meet top EADS executives, engineers and human resources representatives.
Since winning the $4 billion contract from the U.S. Air Force for development and engineering of the KC-X refuelling tanker last February, Boeing has provided only generalities on the design of its KC-46A. Last week, during a series of media briefings in Philadelphia and St.
During the 2011 International Defense Industry Fair (IDEF), held in Istanbul on May 10 to 13, EADS Cassidian signed a memorandum of understanding with Turkish Aerospace Industries (TAI), covering the participation of Turkish industry in the Talarion Male UAV program. This modular surveillance platform is being developed to meet projected requirements from France, Germany and Spain.
Vector Aerospace will maintain its separate identity as a stand-alone MRO (maintenance, repair and overhaul) company even after it is acquired by Eurocopter Holdings, according to Vector CEO Declan O’Shea.
Eurocopter has unveiled plans for a new rotor-blade factory in Dugny, near Paris Le Bourget Airport, to open in 2014. When the new facility is up and running, the 800 employees at the existing blade production lines in neighboring La Courneuve will move to Dugny, where they will be joined by some research engineers who will relocate from EADS Innovation Works’ offices in Suresnes (west of Paris).
Eurocopter Holding, a subsidiary of EADS, will acquire all of the issued and outstanding common shares of Vector Aerospace by way of a takeover bid at $13.49 in cash per common share. The offer values Vector Aerospace equity at approximately $648.7 million. Vector Aerospace provides both rotary-wing and fixed-wing maintenance, repair and overhaul services.