Boeing and Safran have received regulatory approvals for a joint venture so they can begin designing, building and servicing aircraft Auxiliary Power Units (APUs)—onboard engines that are primarily used to start the main engines and power aircraft systems while on the ground and, if necessary, in flight. The companies also named Etienne Boisseau as Chief Executive Officer of the joint venture.
The agreement establishes a partnership between two of the world’s leading aerospace companies to work together on APU products and expanded service capabilities to benefit customers and industry. Both companies have a 50 percent stake in the joint venture. The initial team will perform design work in San Diego, Calif.
“Safran is proud to launch this joint venture with Boeing in order to offer state-of-the-art APUs and enhance customer value. Together, we are committed to delivering innovative, highly technological and cost-competitive solutions to global customers. We are confident this joint team will provide first-class products and services within the best integrated industrial organization,” said Philippe Petitcolin, CEO of Safran.
The joint venture combines Boeing’s customer and airplane knowledge and Safran’s experience designing and producing complex propulsion systems.
“We are open for business and excited to offer even more value to our customers throughout the lifecycle of their investment. This joint venture strengthens Boeing’s vertical capabilities as we continue to expand our services portfolio. By making strategic investments that accelerate our growth plans, we also are providing our customers with expanded, innovative services solutions,” said Stan Deal, President and CEO of Boeing Global Services.
In addition to Etienne Boisseau, others nominated to the joint venture’s leadership team include Chief Operating Officer Linda Hapgood, Chief Financial Officer Erin Morrissey, and Chief Technology Officer Joan Inlow.
The location of the future headquarters and production and service facilities will be announced at a later date.
SIA Engineering Company Limited (SIAEC) wishes to announce that it has agreed with Pratt and Whitney (PW) to exit from…
Pratt & Whitney Canada (P&WC) has entered into a multi-year engine services agreement with Indian regional airline FLY91 for the…
Hindustan Aeronautics Limited (HAL) has successfully completed the maiden flight of the first Series Production Tejas Mk-1A light fighter (LA5033).…
Fincantieri and the Indonesian Ministry of Defence signed a 1.18-billion-euro contract for the supply of two Thaon di Revel-class Multipurpose…
UVision USA and Science Applications International Corp. (SAIC) signed a collaboration agreement to manufacture the Hero 120 Loitering Munition system…
Survitec, a provider of critical safety and survival solutions, has secured a significant contract to equip five Type 31 Frigates…
Spire Global, Inc., a provider of space-based data, analytics, and space services, has announced a deal with South Korea’s HANCOM…
Emirates has commenced its Neste fuel agreement at Amsterdam Schiphol Airport this month, with over 2 million gallons of Sustainable…
AirAsia Malaysia announced the resumption of its Kuala Lumpur-Vientiane route commencing on 2nd July 2024 on Tuesday (Mar. 26). This…
A new A321-200PF freighter joined the Royal Jordanian (RJ) fleet on March 24, bolstering its capacity to meet the cargo…
Jordan Airmotive and National Airlines have expanded their partnership with a CF6-80C2B5F engine sale. Jordan Airmotive is an engine MRO…
The Indonesian Navy (TNI-AL) commenced the steel-cutting ceremony for its inaugural Kapal Cepat Rudal (KCR / Fast Missile Boat) of…
Supernal, Hyundai Motor Group’s Advanced Air Mobility (AAM) company, has appointed David McBride as Chief Technology Officer (CTO). McBride will…
Northrop Grumman and Diehl Defence have signed a Memorandum of Understanding (MOU) formalizing their commitment to work together to support…
Collins Aerospace unveiled its Venue smart monitor at the recent Aircraft Electronics Association Convention & Trade Show's new product introduction…
Raytheon has been awarded a US$1.2 billion contract to supply Germany with Patriot air and missile defense systems. The systems…
Airbus Defence and Space has revealed its plans to acquire INFODAS, a Cologne-based company specialising in cybersecurity and IT solutions…
Boeing has announced that its current President & CEO Dave Calhoun will step down at the end of 2024; Calhoun…
VITEC, a multinational Intelligence, Surveillance, Target Acquisition and Reconnaissance (ISTAR) technology company, is set to bring its streaming technologies at…
The German Armed Forces (Bundeswehr) announced a contract awarded to Rheinmetall for the "Schwerer Waffenträger Infanterie (Heavy Weapon Carrier for…
Korean Air is set to finalize a contract with Airbus for the acquisition of 33 A350 family aircraft. The agreement…
The Indonesian Army's 13th Cavalry Battalion has officially welcomed nine Harimau tanks into its arsenal. The induction ceremony took place…
Naval Group commenced the steel-cutting ceremony for the first third-generation French SSBN (SNLE 3G) at the group’s shipyard in Cherbourg…
Vietnam's leading budget airline, Vietjet, continues its expansion into the Australian market with the introduction of a new direct flight…
MRO company AAR has signed a multi-year agreement to supply surplus material for the CFM56-5B engine to Cebu Pacific. Under…
Embraer hosted the C-390 Millennium and A-29 Super Tucano of the Brazilian Air Force (FAB) at Embraer Executive Jets' headquarters…
Terma's SCANTER 4002 radars have been selected by Belgian Defence to enhance the nation's airspace surveillance capabilities at both military…
MBDA, manufacturer of missiles and missile systems, has joined Egypt International Airshow (EIAS) as Platinum Sponsor that will take place…
Eve Air Mobility's Urban Air Traffic Management (Urban ATM) software has been named Vector. According to the company, Vector will…
GKN Aerospace has signed a decade-long agreement to expand its support for the LEAP engines, strengthening its long-term partnership with…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2024. GBP. All Rights Reserved.
Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us
2024 GBP all rights reserved.