Technology and development in Europe

AEROAUG03_01

08/01/2003

Authors Abstract
Content

The 21st century is proving a particularly challenging time globally for almost every aspect of aerospace, but in Europe the mood is positive in the face of setbacks.

With both Boeing and Airbus determined to proceed with plans for new airplanes, technology cooperation between European and U.S. companies has proven to be healthy. A notable example consisits of BAE Systems and Rolls-Royce's involvement in the Lockheed Martin F-35 Joint Strike Fighter (JSF) program, but also via other agreements such as that signed early this year between Boeing and the technologically broad-based Italian company, Finmeccanica, to strengthen their industrial and commercial cooperation in aerospace and defense.

In confirming the agreement, the companies said that their goal is to explore joint initiatives and pursue growth business opportunities in the areas of aerostructures and commercial aircraft, aircraft modification, unmanned aerial vehicles, satellite systems, navigation, launch services, missile defense, space infrastructure, and avionics. Finmeccanica's production activities are particularly concentrated in aeronautics, helicopters (Agusta Westland), space, and defense.

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Pages
7
Additional Details
Publisher
Published
Aug 1, 2003
Product Code
AEROAUG03_01
Content Type
Magazine Article
Language
English