Airbus Group SE said its UK helicopters unit got a 500 million pound ($728 million) contract from Ascent Flight Training Ltd to provide aircraft and support to the UK's Military Flying Training System.
The contract from Ascent, a joint venture between Babcock International Group Plc. and Lockheed Martin Corp., is spread over 17 years, Airbus, Europe's largest aerospace company, said on Friday.
The unit will provide aircraft and support beginning April 2018, the company said.
"You're in the figure of a total fleet in the thirties," said Ian Morris, head of Airbus' UK helicopter defense business.
Shares in Airbus were up 1.1 percent at 53.90 euro at 1138 GMT on the Paris Stock Exchange.
Luxaviation UK renewed its WYVERN WINGMAN Certified Operator status, underscoring its ongoing commitment to the highest standards of operational safety and discipline. This certification is upheld thr...
AEG and Archer announced a collaboration to develop downtown Los Angeles’ first vertiport—a vertical takeoff and landing site for electric air taxis—at L.A. LIVE, AEG’s fo...
ANA and avatarin will begin rolling out remote passenger support services across multiple regional airports starting August 21, 2026, utilizing "newme" robots operated centrally from Ka...
Royal Jordanian Airlines selected Ramco's next-generation Aviation Software to support its next phase of growth, following a comprehensive evaluation of global aviation software sol...