AAI Textron Systems is upgrading more than half of the U.S. Army’s RQ-7B Shadow unmanned aircraft systems (UAS) to incorporate a tactical common datalink (TCDL) supporting interoperability with other manned and unmanned aircraft. The company has a contract from the U.S. Marine Corps to arm the Shadow using the larger wing added through the Army modifications.
Cessna Aircraft and Bell Helicopter drove most of the second-quarter growth at parent company Textron, chairman and CEO Scott Donnelly said during an investor conference call this morning. Combined, the two aviation segments accounted for $1.82 billion of Textron’s $3 billion in revenues and $187 million of its $288 million profit during the quarter.
Software company SkyBooks is now offering its version 4.7 aircraft operations management system in two product lines, for flight operations or maintenance management. Both versions are available as either analyst- or user-managed.
“Segmentation in two functional areas and bundling core offerings is a result of customer requests and new feature enhancements,” said CEO John Willis.
As of mid-June the next hurdle for Hawker Beechcraft was the June 30 deadline to file its plan of reorganization with the U.S. Bankruptcy Court in Manhattan.
“The plan provides specific details regarding how the company plans to pay creditors and allow the business to be successful in the long term,” said an HBC spokeswoman.
Cessna Aircraft has appointed Bill Schultz, the current president of subsidiary CitationAir, as its new senior vice president of business development for China, effective July 1.
For the uninitiated, China can be a scary place to consider establishing a manufacturing operation. Tales abound of product designs being copied, many well documented and ranging from high-end golf clubs to industrial fittings, movies, books and even electronic components.
The U.S. Senate approved legislation yesterday to reauthorize the Export-Import Bank, bringing to conclusion a dispute in Congress driven by the airline industry’s opposition to export financing of Boeing long-range aircraft purchased by competing foreign carriers. The Export-Import Act of 2012 (H.R.2072) was approved a week earlier by the House and is expected to be signed by President Obama. The bill extends the bank’s charter through 2014 and increases its lending authority by $40 billion, to $140 billion.
Scott Ernest, the president and CEO of Cessna Aircraft. spoke with AIN News Editor David A. Lombardo, about the launch of the new Citation Longitude in the face of a tough market.
Bell Helicopter believes it is poised to rebuild market share in Europe with sales for its latest 429 model, which is on show here at EBACE (Stand 7091). For several years, the European market’s requirements for twin-engine rotorcraft has favored rivals Eurocopter and AgustaWestland.
Europe remains solid for business aviation and will remain a high priority for Cessna, according to the company’s president and CEO Scott Ernest. This vote of confidence in an apparently ailing market will likely be endorsed here at EBACE today with Cessna expected to make an announcement “about a new product.”