• UTC sales jump 18% in third quarter on aerospace growth

    United Technologies Corporation (UTC) on 22 October reported sales of USD19.5 billion in the third quarter, an 18% increase from the same period last year due to the recent Rockwell Collins acquisition and revenue growth in existing operations. While net income totaled USD1.1 billion, a 7.3%

  • Collins Aerospace showcases US Army’s new MAPS Gen II solution

    Collins Aerospace revealed details of its system selected by the US Army for the service’s next-generation Mounted Assured Positioning, Navigation, and Timing (APNT) System (MAPS) for manned ground vehicles. The system was showcased at the Association of the United States Army (AUSA) annual

  • Lockheed Martin’s sales rise 6% in third quarter

    Lockheed Martin’s sales totalled USD15.2 billion in the third quarter of 2019, a 6% increase from the same period a year ago thanks to upticks in aviation, space, and weapons, the US defence contractor announced on 22 October. Net earnings went up 9.2% to USD1.6 billion in the third quarter,

  • Saab reports strong orders in Q3

    Orders for Saab more than doubled in the third quarter (Q3) of 2019 compared with the same period in 2018, the Swedish aerospace and defence group announced on 22 October. Large-scale projects – especially an order to supply and integrate the combat system for the Finnish Navy’s

  • Thales reports fall in orders and cuts full-year growth forecast

    Thales on 22 October revealed a 6% year-on-year (y/y) drop in organic order intake to EUR10.44 billion (USD11.63 billion) in the first nine months of 2019, despite a strong performance in its Defence & Security segment. The announcement came five days after the French aerospace and defence

Subscribe to Industry for access to more latest Industry news, analysis and data
  • EuroDASS unveils plan for new Typhoon DASS/EW suite

    The four-country EuroDASS consortium – UK’s Leonardo, Italy’s Elettronica, Germany’s Hensoldt, and Spain’s Indra – has outlined its vision of a next-generation electronic warfare (EW) suite for the Eurofighter Typhoon combat aircraft. Known as Praetorian