AIR TRANSPORT
Berry Aviation, Inc | January 19, 2023
Aviation firm, Berry Aviation, Inc., has been awarded the contract to provide Airborne Intelligence, Surveillance and Reconnaissance (A-ISR) in support of Marine Corps Special Operations Command (MARSOC) air-to-ground integration training. Berry Aviation's Cessna 206 aircraft will be specifically modified to provide turnkey services, including the platform, combat-experienced aircrew, and a remote portable Ground Control Station (GCS). Additionally, before global deployments, the A-ISR system will support practical, scenario-based training for special operations teams to help them achieve crucial skill proficiencies.
The MARSOC training contract is the first contract for the ISR division of Berry Aviation, which operates from San Marcos, Texas. As a result, Berry Aviation will now meet the requirements of MARSOC, including other component commands of USSOCOM component commands.
Berry Aviation will also be deploying a King Air 350 ISR aircraft, which is specially modified with proprietary sensor integrations to provide enhanced full-motion video and signals intelligence capabilities. It will be available for contract opportunities in the fall of 2023.
Director of Special Operations Support for Berry Aviation and MARSOC combat veteran, Stan Green said, "The aircraft is mod-payload compliant and purpose-built to serve both as a crewed platform and a surrogate UAS that operates within the National Airspace confines."
(Source: PR Newswire)
About Berry Aviation Inc.
Headquartered in San Marcos, Texas, Berry Aviation specializes r in private aviation solutions for private charter, government, Charter, Scheduled and On-Demand Freight, FBO operations and maintenance. It was founded in 1993 and is a member of Acorn Growth Companies. Berry Aviation offers a broad portfolio with 40 years of experience in the aviation industry specializing in aviation solutions that includes Government Services, On-Demand Cargo, ISR, Unnamed Aerial Systems, Passenger Operations,Part 135 Fixed Wing Night Vision Flight,Part 135 Aerial Delivery, and Part 135 Air Ambulance, MEDEVAC and CASEVAC.
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AIR TRANSPORT
Pratt & Whitney | November 30, 2022
Pratt & Whitney, a Raytheon Technologies business, ATR and Air Corsica today celebrated the delivery of the first PW127XT-M-powered next generation of ATR 72-600 aircraft. The debut of the upgraded PW127XT engine series, which will be the standard powerplant for all ATR42/72-600s, delivers significant improvement in operating costs, maintenance, and sustainability for regional turboprops. Pratt & Whitney Canada has also signed a customized 15-year Fleet Management™ Program (FMP™) agreement with the airline for the long-term maintenance of the PW127XT-M engines, which provides predictable, pay-per-hour engine maintenance, lower operating costs, and maximized engine value by unlocking its full time on wing capability.
"Our relationship with Pratt & Whitney Canada goes back more than three decades, when Air Corsica launched inaugural service with an all-ATR fleet in 1990 equipped with Pratt & Whitney Canada's PW100 engines,We have seen great success with these dependable engines that allow our airframe to accommodate the challenges of flying short legs all year long, and connecting our island communities to mainland. The flexibility of the new fleet of ATR aircraft, powered by the versatile PW127XT-M engines and optimized with the Fleet Management™ Program, will allow us to sustainably grow and prosper over the decades to come."
Hervé Pierret, Member of Management Board, Air Corsica
Revealed at the Dubai Airshow in November 2021 and certified by Transport Canada Civil Aviation in August of 2022, the PW127XT engine series is the new standard in global regional turboprop aviation. It delivers 3% greater fuel efficiency on top of Pratt & Whitney Canada's PW100 turboprop engine family, which already provides 40% greater fuel efficiency and related emissions compared to regional jets on the typical missions they fly.This was a highly efficient development, certification, and entry-into-service process achieved in close collaboration with ATR. We offer our congratulations to both Air Corsica and ATR on this significant milestone," said Irene Makris, vice president, Customer Service, Pratt & Whitney Canada. This FMP™ agreement is indicative of our long-standing commitment to service excellence through an engine-maintenance solution that will provide Air Corsica 15 years of cost protection for their specific business and investment, so they can focus on serving their customers."
About Pratt & Whitney
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft and helicopter engines, and auxiliary power units.
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AEROSPACE
L3Harris Technologies | December 19, 2022
L3Harris Technologies and Aerojet Rocketdyne Holdings, Inc. together announced the signing of a definitive agreement for L3Harris to acquire Aerojet Rocketdyne for $58 per share, in an all-cash transaction valued at $4.7 billion, inclusive of net debt.
This marks L3Harris’ second acquisition announcement of 2022, demonstrating its continued focus on delivering critical capabilities to warfighters while strengthening the nation’s defense industrial base through increased competition.
“We’ve heard the DoD leadership loud and clear: they want high-quality, innovative and cost-effective solutions to meet both current and emerging threats, and they’re relying upon a strong, competitive industrial base to deliver those solutions, With this acquisition, we will use the combined talents of more than 50,000 employees to drive continuous process improvement, enhance business operations and elevate the performance of this crucial national asset.”
Christopher E. Kubasik, L3Harris CEO and Chair.
A proven provider of world-class propulsion systems and energetics to the DoD, NASA and other partners and allies worldwide, Aerojet Rocketdyne has a 100-year heritage of excellence delivering some of the most significant moments in space exploration and discovery, while leading the industry with investments in rocket propulsion that support America’s warfighters and enhance integrated deterrence. The acquisition will ensure the defense industrial base and our customers will have a strengthened merchant supplier to effectively address both current and emerging threats – and promote scientific discovery and innovation – through targeted investment in advanced missile technologies, hypersonics and more. This agreement will accelerate innovation for national security propulsion solutions while providing a premium cash value for our shareholders and tremendous benefits for our employees, customers, partners and the communities in which we operate,” said Eileen P. Drake, CEO and President of Aerojet Rocketdyne. “Joining L3Harris is a testament to the world-class organization and team we’ve built and represents a natural next phase of our evolution. As part of L3Harris, we will bring our advanced technologies together with their substantial expertise and resources to accelerate our shared purpose: enabling the defense of our nation and space exploration. This is an exciting new chapter for Aerojet Rocketdyne and our over 5,200 dedicated team members, providing them with additional opportunities, and we look forward to working closely with L3Harris to complete this transaction. Aerojet Rocketdyne currently generates approximately $2.3 billion in annual revenue. The company’s employees operate primarily out of advanced manufacturing facilities in Canoga Park, California; Camden, Arkansas; West Palm Beach and Orlando, Florida; Huntsville, Alabama; Orange, Virginia; Redmond, Washington; Stennis Space Center, Mississippi; Jonesborough, Tennessee; and Carlstadt, New Jersey. The cash acquisition will be funded with existing cash and the issuance of new debt. The deal is expected to close in 2023, subject to required regulatory approvals and clearances and other customary closing conditions.
About L3Harris Technologies
L3Harris Technologies, an agile global aerospace and defense technology innovator, delivers end-to-end solutions meeting our customers’ mission-critical needs. The company provides advanced defense and commercial technologies across space, air, land, sea and cyber domains. L3Harris has more than $17 billion in annual revenue and customers in more than 100 countries.
About Aerojet Rocketdyne
Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc., is a world-recognized aerospace and defense leader that provides propulsion systems and energetics to the space, missile defense and strategic systems, and tactical systems areas, in support of domestic and international customers
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