US-based Nightingale Regional Air Ambulance has announced that it now has nine fully operational sites for Instrument Flight Rules (IFR) landings across Eastern Virginia...
Universal Avionics bought by Elbit Systems
Elbit Systems Ltd has announced that it has completed the purchase of US company Universal Avionics Systems, a developer of commercial avionics systems for the retrofit and forward-fit market, for both fixed- and rotary-wing aircraft types. The total purchase price was approximately $120 million.
Universal Avionics supplies a number of different solutions including: flight management systems; displays; communication systems; complete cockpit solutions and additional advanced commercial avionics systems (which are complementary to Elbit Systems’ internationally successful commercial avionics systems); enhanced flight vision systems (EFVS); and head-up display product line.
Elbit Systems says that the purchase will allow it to offer a broad portfolio of advanced end-to-end cockpit solutions. Universal Avionics will continue to operate under the same management and workforce as a wholly-owned US subsidiary of Elbit Systems.
“We have been providing unique enhanced flight vision and head-up display systems for commercial aviation platforms for the last several years and see this business line as a key growth engine,” said Bezhalel Machlis, Elbit Systems’ President and CEO. “Elbit Systems and Universal Avionics share the same DNA of innovation and technological leadership, and our combined portfolio creates synergies that will strengthen our competitive position.”
Airbus has announced that the Lithuanian Air Force (LAF) has renewed its HCare Infinite material management contract for its three Dauphin AS365 N3+ SAR helicopters.
German UAS engine manufacturer Sky Power has announced that it is strengthening its collaboration with Mejzlik Propeller from the Czech Republic.
Global helicopter leasing company Waypoint Leasing Holdings Ltd has entered into an agreement to be purchased by Macquarie Group for around $650 million.
This final issue of 2018 contains an eclectic mix of articles and reports from organisations around the world