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Fitch Downgrades Airbus to BBB+ with Outlook Negative

Fitch Downgrades Airbus to BBB+ with Outlook Negative

WARSAW – — Fitch Ratings has downgraded Airbus SE’s Long-Term Issuer Default Rating (IDR) to ‘BBB+’ from ‘A-‘/ The Outlook is Negative. Fitch has also downgraded Airbus’s and Airbus Group Finance BV’s senior unsecured debt to ‘BBB+’ from ‘A-‘. Airbus’s Short-Term IDR has been affirmed at ‘F1’.

T…

USAF Receives First Two HH-60W Combat SAR Helicopters

USAF Receives First Two HH-60W Combat SAR Helicopters

MOODY AFB, Ga. — The 23rd Wing and 347th Rescue Group leadership received the Air Force’s first two HH-60W Jolly Green II helicopters at Moody Air Force Base, Nov. 5.

Aircrew from the 41st Rescue Squadron out of Moody AFB and the 413th Flight Test Squadron and 88th Test and Evaluation Squadron,…

S. Korean Army Obtains New Surion MedEvac Helicopters

S. Korean Army Obtains New Surion MedEvac Helicopters

The [South Korean] arms procurement agency said Monday it completed the delivery of new medical helicopters to the Army last week to improve the military’s capabilities to carry out evacuations of troops and citizens in emergency situations.

The chopper was developed from 2014 to 2016 by adding e…

Nordic Defense Ministers Advance Cooperation

Nordic Defense Ministers Advance Cooperation

The defence ministers from Denmark, Finland, Norway and Sweden and the minister for foreign affairs of Iceland met to discuss the situation in the Arctic, the Nordic defence cooperation and to sign agreements concerning security of supply and export control.

The Nordic defence cooperation, NORDEF…

Pentagon Releases Dec. 2019 Selected Acquisition Reports

Pentagon Releases Dec. 2019 Selected Acquisition Reports

The Department of Defense (DOD) has released details on major defense acquisition program cost, schedule, and performance changes for the December 2019 reporting period. This information is based on the comprehensive annual Selected Acquisition Reports (SARs) through the first quarter of FY 2020, as…

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