by [email protected] | Nov 2, 2016 | Daily Rapid Fire
Americas * Embraer believes they will hit their operating targets for 2016 thanks to strong year-end demand. The company made the announcement on Monday. Chief Financial Officer Jose Antonio Filippo also told journalists a writedown of the company’s used...
by [email protected] | Nov 1, 2016 | Daily Rapid Fire
Americas * Two men in California have been charged for taking part in a scheme to smuggle $3 million worth of military aircraft parts and other defense equipment to Iran. Zavik Zargarian and Vache Nayirian stand accused of violating the International Emergency...
by [email protected] | Oct 31, 2016 | Daily Rapid Fire
Americas * Helibras and Airbus Helicopters unveiled an H225M configured for naval combat in Brazil last week. The rotorcraft will undergo military certification trials prior to delivery to the Brazilian Navy in 2018. Configurations found in the navalized H225M include...
by [email protected] | Oct 28, 2016 | Daily Rapid Fire
Americas * As with last quarter, higher than expected sales of Paveway laser- and GPS-guided smart bombs and air-to-air missiles have contributed to Raytheon reporting a 4.3 percent rise in quarterly revenue. Raytheon’s missile systems unit increased 9.4 percent...
by [email protected] | Oct 27, 2016 | Daily Rapid Fire
Americas * Issues with insulation found inside F-35 fuel tanks has resulted in slower 3rd quarter deliveries of the next-generation fighter, according to manufacturer Lockheed Martin. The comments were made during the release of the company’s third quarter...