The Federal Aviation Administration (FAA) today announced the selection of the six public entities that will develop unmanned aircraft systems (UAS) research and test sites around the country.
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Russian Helicopters, a subsidiary of Oboronprom, part of State Corporation Rostec, released preliminary production and financial figures for 2013 prior to publishing the company's annual report. The Russian helicopter maker produced 303 helicopters for Russian and international customers with an anticipated consolidated profit of more than 140 billion rubles (US$ 4.262 billion) for 2013.
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SÃO JOSÉ DOS CAMPOS, Brazil – Embraer Executive Jets’ newest aircraft, the Legacy 450, made its first flight today. Embraer test pilots Eduardo Camelier and Eugênio Cará, supported by flight test engineer Carlos Kobayashi, flew the aircraft for one hour and thirty-five minutes, conducting the evaluation of handling and performance characteristics.
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EVENDALE, OH - Cathay Pacific Airways ordered from GE Aviation, an operating unit of GE (NYSE: GE) the GE90-115B engine to power three Boeing 777-300ERs and the GEnx-2B engine to power a Boeing 747-8 Freighter. Cathay Pacific also signed a 15-year agreement to cover the maintenance, repair and overhaul of the engines.
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HONG KONG - Boeing (NYSE: BA) and Cathay Pacific Airways announced that Cathay Pacific has ordered an additional 747-8 Freighter aircraft and three 777-300ER (Extended Range) aircraft, valued at about $1 billion at current list prices.
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United Kingdom's Serious Fraud Office (SFO), announced today that its director has opened a criminal investigation into allegations of bribery and corruption at Rolls Royce. In a separate press statement Rolls Royce confirmed that the SFO have started a "formal investigation".
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WICHITA, Kan., Cessna Aircraft Company, a Textron Inc. (NYSE:TXT) company, have announced the first deliveries of the Citation M2 light jet aircraft after receiving the Federal Aviation Administration (FAA) type certification.
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