Airbus Group and Safran have announced the creation of their new Joint Venture named Airbus Safran Launchers. With an initial workforce of around 450, starting operations on 1 January 2015, Airbus Safran Launchers will maintain the outstanding level of quality and reliability of Ariane 5, while working on a new family of state-of-the-art space launchers to foster Europes leading role in the space industry
Airbus will deliver 15 military multi-role helicopter, the EC645 T2 (LUH SOF) to German Armed Forces (Bundeswehr) by 2015 year end. Airbus announced today that the helicopter has successfully completed its first flight
FLIR Systems has been cleared of misappropriating trade secrets in a long-running dispute with Raytheon. The case, heard in the US District Court for the Eastern District of Texas, related to the way in which infrared detector maker Indigo Systems – acquired by FLIR way back in 2004 – manufactured its products, Optics
Former Finmeccanica CEO Giuseppe Orsi plans to sue the companys former external relations manager, Lorenzo Borgogni, for alleging he paid bribes to Indian offices to secure the VVP helicopter deal. Orsi and former CEO of AgustaWestland Bruno Spagnolini received a suspended two years sentence after they were found guilty of false invoicing in the Indian deal but were acquitted of all alleged bribery charges
The US State Department has shut down its entire unclassified email system after detecting a breach in its computer network. According to reports, the “activity of concern” was detected in the system concurrently with another cyber attack which hit the network at the White House computer network
NATO launched its largest ever multinational cyber defence exercise, “Cyber Coalition 2014” on 18 November. The three-day training event will test the Alliances ability to defend its networks from the various challenges that exist when operating in the contested cyber domain
A team of Lockheed Martin and Kaman unmanned aircraft successfully demonstrated its ability to aid in firefighting operations, the company announced Tuesday. During the demonstration, the Indago quad rotor effectively identified hot spots, and provided data to an operator who directed the unmanned K-MAX helicopter to autonomously extinguish the flames
China has unveiled its first domestically developed strategic air lifter, the Y-20 Kunpengwhich. The aircraft will soon be delivered to users, a senior aviation executive said, adding that the development of its engine is "faring well"
Rostec Corporation and the Chinese Industrial Aviation Corporation (AVIC) have reached an agreement regarding strategic cooperation, which will significantly increase interaction between the two companies. According to a statement from Rostec, plans are being made to work out the possibilities for implementing joint projects in aircraft, helicopter, and engine production, as well as in the manufacturing of aircraft materials, avionics, and similar products
Russia secured $7.7 billion in arms orders with foreign customers since the beginning of 2014, the country's President Vladimir Putin was quoted as saying by RIA Novosti