Aerospace
Firehawk Aerospace | January 08, 2024
Firehawk Aerospace, a market leader in hybrid rocket engine and solid rocket motor (SRM) propulsion, has secured a Small Business Innovation Research (SBIR) Phase III contract from Army Applications Laboratory (AAL). This contract underscores Firehawk's advancements in rocket propulsion and its unique capability to address critical challenges in conventional SRM supply chains.
The SBIR Phase III contract accelerates Firehawk's mission to reshape SRM propulsion, focusing on eliminating supply chain bottlenecks and bolstering system stability. Will Edwards, CEO of Firehawk Aerospace, comments, "The Phase III funding reflects our team's ability to push aerospace technology boundaries, positioning Firehawk at the forefront of innovation in tactical weapon systems."
Distinguishing itself from traditional systems, Firehawk's hybrid rocket engines boast a rapid manufacturing timeline of weeks, not years. Manufactured and tested in Texas, this approach enables faster testing and innovation at a reduced cost, in line with Firehawk's commitment to national security. By sidestepping traditional materials, Firehawk mitigates supply chain vulnerabilities, creating a resilient system ready for evolving threats.
The U.S. Army, recognizing the need for propulsion systems unaffected by supply chain issues, supports Firehawk Aerospace. The development focus includes creating analogs for key U.S. Army systems like the Guided Multiple Launch Rocket (GMLR), FGM-148 Javelin, and FIM-92 Stinger.
Firehawk Aerospace's propulsion systems aim to optimize mission profiles with extended range, reducing risks to soldiers and maintaining the U.S. Army's strategic advantage. The SBIR Phase III contract signifies a significant step forward in advancing rocket propulsion technology, addressing supply chain challenges and enhancing tactical weapon system capabilities for the U.S. Army.
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Commercial Aviation, Airport Management
Business Wire | January 25, 2024
Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the ninth of ten aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.
ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs. To learn more about the aircraft leasing and aircraft management services offered by ACG, visit www.aviationcapitalgroup.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable federal securities laws. Any such statements, other than statements of historical fact, are based upon our current expectations and assumptions concerning future events, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Accordingly, such statements are not guarantees or assurances of any aspect of future performance. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.
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Commercial Aviation, Cargo Management
EIN Presswire | January 29, 2024
B&H Worldwide, a global leader in aerospace and aviation logistics, is delighted to announce the successful acquisition of a new contract with Flair Airlines, a leading Canadian ultra-low-cost carrier headquartered in Edmonton, Alberta.
Flair Airlines, known for its scheduled passenger and chartered services with a fleet of Boeing 737 aircraft, has selected B&H Worldwide as its trusted logistics partner. Under this agreement, B&H Worldwide will provide critical support to Flair Airlines, including Aircraft on Ground (AOG) assistance, Import/Export Clearance, and deliveries. The scope of the partnership extends to cover key regions, with a focus on Canada, the USA, and Australia.
Gary Wilson, Group Managing Director of B&H Worldwide, expressed his enthusiasm, saying, "We are honoured to have been chosen by Flair Airlines to provide logistics services. This partnership signifies our commitment to delivering high-quality solutions to the aerospace industry. B&H Worldwide is poised to support Flair Airlines' operations seamlessly and contribute to their success."
To ensure a smooth and efficient import/export process, B&H Worldwide has developed a customized Standard Operating Procedure (SOP). This SOP not only facilitates a streamlined logistics process but also outlines key contacts and support points tailored to Flair Airlines' specific needs. Furthermore, it establishes service standards that align with the airline's shipment requirements.
Gary Wilson added, "Our bespoke service is a testament to our dedication to meeting the unique demands of Flair Airlines. We are committed to providing not only exceptional logistics services but also a partnership built on trust and collaboration."
B&H Worldwide will leverage their philosophy of custom processes to support Flair Airlines in their logistics operations, working closely with their supply chain team. The first successful logistics project, a COMAT shipment, included a total of 17 pallets containing aviation parts (non-Dangerous Goods), 737 main wheels, 737 nose wheels, 737 brake in a clamshell, and Inflight training equipment.
In a notable milestone, Flair Airlines loaded their own Boeing 737-800 MAX aircraft with materials destined for Australia. The 737-800 MAX aircraft departed from Calgary, Canada, and successfully landed in Coolangatta, Australia. B&H Worldwide played a crucial role in facilitating the clearance process in Australia.
Vladan Nikolic, Director of Material Supply Chain for Flair Airlines, expressed his satisfaction with B&H Worldwide's performance, stating, "The B&H Australian team's professionalism and responsiveness during the first logistics project was impressive. We have full confidence in their capabilities, and I look forward to continued collaboration at this high service level."
B&H Worldwide remains committed to delivering top-tier logistics solutions, and the partnership with Flair Airlines further solidifies the company's position as a trusted leader in aerospace and aviation logistics.
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