FI Market Intelligence Library

Southwest Airlines to Acquire AirTran
DALLAS - Southwest Airlines has entered into a definitive agreement to acquire all of the outstanding common stock of AirTran Holdings, Inc., the parent company of AirTran Airways, for a combination of cash and Southwest common...
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Pratt & Whitney Files Complaint Against Rolls-Royce
EAST HARTFORD, Conn. - Pratt & Whitney filed a complaint in the U.S. District Court in Connecticut against Rolls-Royce. The Pratt & Whitney complaint follows Rolls-Royce’s filing of an amended complaint against Pratt & Whitney on...
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Spirit Aerosystems Considering Latecoere Acquisition
WICHITA - Spirit Aerosystems is reportedly considering a bid for French aircraft component producer Latecoere SA. The potential deal is the second time that Spirit has tried to penetrate into France. An earlier attempt to...
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U.S. to Export Sparrows, Sidewinders to Iraqi Air Force
NEWTOWN, Conn. - Iraq will have to wait a little longer to receive the AIM-120 AMRAAM. The United States is proposing a sale to Iraq of 18 F-16IQ combat aircraft worth up to $4.2 billion, if all options are exercised. The...
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Japan to Make Global Hawk Procurement Decision This Year
BEIJING - Japan could make its decision on procuring the RQ-4B Global Hawk unmanned air vehicle (UAV) before the end of 2010. Tokyo is considering the purchase of four Global Hawk UAVs. This UAV could become part of Japan's...
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Long-Term Instability Seen for Light Military Rotorcraft Market
NEWTOWN, Conn. - In a new study, “The Market for Light Military Rotorcraft,?Forecast International projects that 1,941 rotorcraft will be built between 2010 and 2019. The value of this production is estimated at $23.4 billion...
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Austal Commences Construction on JHSV 2
MOBILE, Ala. - Less than one year after beginning fabrication of Spearhead (JHSV 1), Austal has commenced construction on Vigilant (JHSV 2), the second of up to ten 103-meter Joint High Speed Vessels (JHSV). On July 22, the...
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Iran Upgrades C-130 Fleet Despite Sanctions
TEHRAN - Iran has completed an upgrade on its fleet of C-130 aircraft performed by its own indigenous aerospace industry, with avionics by the Iranian Defense Ministry, UPI reported. While details on the upgrade remain sparse,...
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Chinese Lunar Launch May Occur on October 1
BEIJING - China may launch a lunar probe on October 1. A space booster will carry the Chang'e-2. This probe will orbit to within 15 kilometers of the moon. The launch will take place from the southwestern province of Sichuan....
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400 Refurbished M113A2s Planned for Iraqi Army
WASHINGTON - The Iraqi Army is slowly replacing its obsolete armored vehicles. Much of the Iraqi vehicle inventory was destroyed during the U.S.-led invasion of 2003, or worn-out and useless after 12-years of embargo. Armored...
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Seoul Wants Money for New UAVs, Cruise Missiles
SEOUL - The South Korean government is looking for a big increase in defense spending for 2011. Some of this money will fund development and procurement of new unmanned air vehicles (UAVs). Defense spending in South Korea could...
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