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Airbus and Boeing multi-billion contract announcements marked the opening of the Farnborough Air Show near London. The surprise came from the British Prime Minister. Theresa May has announced the go-ahead from the government to develop the Tempest project of £ 2 billion for a new fighter to be built by British industry.
The Eurofighter surrogate is under study
that Tempest team participants will invest 2 billion pounds by 2025. In the credits, there are will have public funds, the details have not been specified. The Tempest project would be the substitute for the Eurofighter, the aircraft born of a collaboration between four European countries, there is also Germany, Spain and the United States. Italy, no France making its own fighter jets with Dbadault (Rafale and before Mirage)
Fast growing aerospace and defense industry, at Farnborough show Monday
Who participates in the new fighter
According to the announcement of the British Prime Minister, Bae Systems, Rolls-Royce for Engines, Mbda for Missiles and also the activities in Britain of Leonardo will participate in the Tempest Project . the old Finmeccanica. The fighter would be aimed at the British air force, the Raf.
The announcement of the government aims to support the British defense industry and technology, facing the fear of the consequences of Brexit. Therefore, as explained to Sole 24 Ore by authoritative industrial sources, the involvement of the former Finmeccanica does not concern Italian factories nor the former Alenia aeronautica (now aircraft division) Which produces the Eurofighter, but only the activities in the avionics that they work at the Eurofighter, these belonged to the former British Marconi and were purchased by Finmeccanica. As a result, the London-supported project also benefits these activities, all in the UK. Leonardo also has a 25% share of Mbda, the missile company with Britain and France: also in this case the industrial activities are those on the other side of the Channel.
The movements of France and Germany
the major European countries discuss, without finding agreement, on the hunt in the future. There is talk of a "system" of combat aircraft (future air combat system or Fcas), which could include some major pilot aircraft and a swarm of smaller planes like drones.
After the announcement of Brexit, the year Germany and France decided to work together on a new hunting project, to the exclusion of the British. Britain is moving. London said the project was open to other European countries. Not to be excluded that in the end there is a convergence on a single European plane, also because the resources to develop two seem difficult to find. The Airbus defense chief, Dirk Hoke, said Britain and Europe should work together on a new combat plan to avoid fragmentation that would be detrimental to Europe [19659010] Thirty: we will buy more than F-35, we evaluate whether to maintain or reduce existing contracts
Italy did not allocate funds
Italy seems at the moment cut off from these programs because no government has so far provided funding for the research and development of the new hunter. The initiative announced in May, if implemented, will benefit Leonardo, as has already been explained, by its British plants, notably in Edinburgh.
I am pleased that Leonardo can continue to play a crucial role in developing British potential. in Typhoon air combat post, commented Alessandro Profumo, Leonardo ad. Leonardo aspires to be at the heart of defense programs in Europe – continued Profumo – and is looking into this initiative in the UK, born with the prospect of future international collaborations in mind, as a program that could include the Italy
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Commercial aircraft sales, Airbus ahead Boeing
Commercial jet contracts announced at Farnborough between firm orders and commitments see the European group Airbus ahead of the American Boeing. Airbus has announced the sale of 75 aircraft with firm orders that are worth, at list price, nearly 10 billion euros. More memoranda of understanding and a letter of intent, to be finalized with future contracts, to sell an additional jet of 119 for a value of 16.8 billion, for a total of about 26, $ 6 billion, at list price (in fact there are still price reductions.)
Boeing announced the sale of 69 aircraft with firm orders for a price of $ 12.2 billion (the figure higher than that of Airbus calculating only binding contracts). Among the agreements announced is the agreement protocol signed by Airbus with the new company Starlux of Taiwan, for $ 6 billion for 12 A350-1000 and 5 A350-900. In addition, a leasing company that has not been named has signed a memorandum of understanding to purchase 80 Airbus 320 for a list price of $ 8.8 billion. In Boeing's portfolio, the most important contract was signed by Dhl, for the purchase of 14 B777 goods, priced at $ 4.7 billion. The Director General. Dennis Muilenburg, of Boeing, expressed his "concern" for trade tensions and in particular the trade war between the United States and China. Boeing the industry that exports the most to the United States.
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