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.
Baltic Ground Services (BGS), a global provider of ground handling and aircraft fueling services, has initiated cooperation with Airest, taking over into‑plane fueling operations at Kaunas (KUN) and R...
Kepplair Evolution, just days after completing the first pre‑modification flights of its prototype aircraft, has announced the closing of a new €6 million funding round — bringing total fin...
Daher Aircraft has reaffirmed its leadership in turboprop aviation, securing the No. 1 position for the sixth consecutive year in Professional Pilot magazine’s Product Support Survey. In the 202...
The Department of Civil Aviation Aruba (DCAA) and the San Marino Civil Aviation Authority (SMCAA) have signed a new regulatory oversight agreement that enables San Marino‑registered aircraft to conduc...