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RCAF aircrew training is currently provided in two contracts. (Photo: RCAF)
Canadian subsidiaries of Babcock and Leonardo intend to form a JV to bid on future RCAF aircrew training programme.
Babcock Canada and Leonardo Canada announced on 14 May that they have signed a Letter of Intent to create a Canadian JV, with a bid for the Future Aircrew Training (FAcT) programme in mind.
‘Babcock and Leonardo can offer a modern and comprehensive solution drawing on their long experience as leading providers of civil and military fixed-wing, rotary-wing and mission training services,’ the two companies stated, adding that they ‘stand ready to offer an innovative and comprehensive turnkey solution to meet all of the Royal Canadian Air Force’s [RCAF’s] training requirements’.
British Company Aeralis Developing A Modular Jet Trainer Supported By The Royal Air Force
British Company Aeralis Developing A Modular Jet Trainer Supported By The Royal Air Force
A rendering of the different configurations of the design being developed by Aeralis in flight over the White Cliffs of Dover. (Image: Aeralis)
Aeralis project, supported through the Rapid Capabilities Office, revolves around a common fuselage with interchangeable engines and wings.
The British company Aeralis has been awarded last month a three-year contract by the United Kingdom Ministry of Defence to continue the development of its modular jet trainer aircraft with the support of the Royal Air Force Rapid Capabilities Office (RCO). According to Tristan Crawford, Chief Executive Officer of Aeralis, this aircraft will be the first to be fully developed in the UK, without international partnerships, since the BAE Hawk in 1974.
Press release content from NewMediaWire. The AP news staff was not involved in its creation.
Tecogen Reports 2020 Results
Tecogen IncMarch 11, 2021 GMT
Waltham, MA - ( NewMediaWire ) - March 11, 2021 - Tecogen Inc. (OTCQX:TGEN, the “Company”), a leading manufacturer of clean energy products, reported revenues of $28.3 million for the year ended December 31, 2020 compared to $33.4 million for 2019, a 15.5% decrease. All segments were adversely impacted by business interruptions resulting from the COVID-19 pandemic. Product revenues decreased to $10.5 million in 2020 from $13.0 million in 2019, and service revenues were $15.9 million in 2020 compared to $17.3 million for the same period in 2019 due to a decline in installation activity. Energy Production revenue decreased to $1.8 million in 2020 from $3.1 million in 2019.
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