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January 28, 2016

Textron Reports Fourth Quarter 2015 Income, Announces 2016 Financial Outlook

Revenues Down Last Year, But Company Positive About The Future

Textron is reporting fourth quarter 2015 income from continuing operations of $0.81 per share, up 6.6 percent from $0.76 per share in the fourth quarter of 2014.

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Another Nano-Drone Nears Full Funding On Indiegogo

The ONAGOfly Smart Nano Drone Has Pledges Totalling Nearly $2.1 Million

The trend towards small, feature-packed UAVs appears to be strong with the fundraising performance of the ONAGOfly drone on the crowdfunding site Indiegogo.

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AD: Airbus Helicopters Deutschland GmbH

AD NUMBER: 2016-01-14

PRODUCT: Airbus Helicopters Deutschland GmbH (AHD) (previously Eurocopter Deutschland GmbH) Model MBB-BK 117 A-1, A-3, A-4, B-1, B-2, C-1, and C-2 helicopters.

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AD: MD Helicopters Inc.

AD NUMBER: 2016-01-19

PRODUCT: MD Helicopters Inc. (MDHI) Model 500N and 600N helicopters with certain rotating cone assemblies installed.

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Second H160 Prototype Makes First Flight

Flew Wednesday To Kick Off What Airbus Helicopters Says Will Be A 'Busy Year' For The Program

The H160’s second prototype flew for the first time Wednesday in Marignane, France, kicking off a busy 2016 for the H160 as it pursues its flight test program with two prototypes. 

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Soft Oil Prices Hurting Sikorsky Sales

Sales Were Half What LMC Expected From The Helo Manufacturer

While the recent plunge in oil prices has meant relief at the pump for everyone who drives, it has also meant a sharp drop in sales for Sikorsky, according to Lockheed Martin.

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