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Business Standard
4 hours ago
- Business
- Business Standard
Axiscades, Europe's MBDA join hands to set up defence unit Bengaluru
Homegrown Axiscades on Friday said it has signed an agreement with European missile systems major MBDA to set up a defence facility in Karnataka Homegrown Axiscades on Friday said it has signed an agreement with European missile systems major MBDA to set up a defence facility in Karnataka. The pact has been inked through its wholly owned subsidiary Axiscades Aerospace and Technologies to set up the unit at the Aerospace Park near Kempegowda International Airport, Bengaluru, Axiscades Technologies (Axiscades) said in a statement. "The facility will be equipped with test bench laboratories, infrastructure for missile launchers, specialized equipment, and trained technical personnel to support MBDA's advanced systems engineering requirements," it said. The agreement was signed on the sidelines of the ongoing Paris Air Show 2025 in France. In May, Axiscades CEO and MD Alfonso Martinez said, "As we approach FY26, our priority is to capitalise on the opportunities in emerging sectors like manufacturing, MRO, chip-to-product and advanced defence technologies, including unmanned warfare, to bring about non-linear, product-led, scalable growth". Bengaluru-based Axiscades is a leading end-to-end engineering and technology solutions provider, catering to sectors like aerospace, defence, heavy engineering, automotive and energy, among others. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
5 hours ago
- Business
- Time of India
Axiscades, Europe's MBDA join hands to set up defence unit in Bengaluru
Homegrown Axiscades on Friday said it has signed an agreement with European missile systems major MBDA to set up a defence facility in Karnataka . The pact has been inked through its wholly owned subsidiary Axiscades Aerospace and Technologies to set up the unit at the Aerospace Park near Kempegowda International Airport, Bengaluru , Axiscades Technologies (Axiscades) said in a statement. "The facility will be equipped with test bench laboratories, infrastructure for missile launchers , specialized equipment, and trained technical personnel to support MBDA's advanced systems engineering requirements," it said. The agreement was signed on the sidelines of the ongoing Paris Air Show 2025 in France. In May, Axiscades CEO and MD Alfonso Martinez said, "As we approach FY26, our priority is to capitalise on the opportunities in emerging sectors like manufacturing, MRO, chip-to-product and advanced defence technologies, including unmanned warfare, to bring about non-linear, product-led, scalable growth". Live Events Bengaluru-based Axiscades is a leading end-to-end engineering and technology solutions provider, catering to sectors like aerospace, defence, heavy engineering, automotive and energy, among others.
Hype Malaysia
a day ago
- Business
- Hype Malaysia
AirAsia Triumphs As World's Best Low-Cost Airline For 16th Consecutive Year At Skytrax 2025
They've won at life! AirAsia has once again been named the World's Best Low-Cost Airline at the Skytrax World Airline Awards 2025, marking its 16th consecutive win. This reflects the airline's strong presence across ASEAN and beyond, with a network of over 130 destinations, affordable fares, and a focus on operational excellence. Through its multi-hub strategy in Malaysia, Thailand, Indonesia, the Philippines, and Cambodia, AirAsia continues to make travel more accessible, affordable, and seamless across Asia. At the Paris Air Show 2025 in France, Datuk Kamarudin Meranun, Chairman of Capital A and Co-Founder of AirAsia, accepted the award, saying: 'Sixteen years on, this recognition remains just as meaningful as ever. We started with a simple dream to make flying affordable for everyone. To be recognised for the 16th time reaffirms that we have stayed true to that mission and continue to soar high in the minds of the many millions of passengers who choose to fly with us each year. While this award is truly another fantastic achievement, we never rest on our laurels and it inspires us to go even further.' Tony Fernandes, CEO of Capital A and Co-Founder of AirAsia, shared his thoughts on the win, saying: 'This is a deeply emotional win for me. From flying just 200,000 guests in our first year to aiming to welcome our one billionth guest this year, this journey has been made possible by the unwavering support of our guests, and the tireless dedication of our incredible Allstars. Every challenge we have faced, every comeback we have made, was made possible by their trust and effort. We thank the Skytrax team for recognising our work, and I would like to share the award with my Allstars – it belongs to them. Thank you for believing in the dream.' Edward Plaisted, CEO of Skytrax said: 'We congratulate AirAsia on this fabulous achievement at the 2025 World Airline Awards. This success for a record sixteenth time is a clear reflection of their dedication to providing quality, affordable travel options to customers. This is a most competitive and fast growing market for low cost airlines, and this award demonstrates AirAsia's success.' The award also serves as a testament to the airline's contribution to connecting both primary and underserved secondary and tertiary cities. This model has enabled the launch of unique and strategic routes such as Kuala Lumpur-Labuan Bajo, Bangkok-Narathiwat, Manila-Tagbilaran, Jakarta-Silangit, and others expanding access to emerging travel corridors and tourism growth areas. Looking ahead, the airline is set to deepen its connectivity across Central Asia and the Middle East, marking a significant step forward in its ambition to become the first truly global low-cost network carrier. At the same time, AirAsia's continued emphasis on guest experience sets it apart. Having flown close to one billion guests, the airline maintains high levels of customer loyalty and brand advocacy across its key markets. Ranked as the 24th most valuable airline brand globally with a value of US$1.93 billion (RM8.22 billion), AirAsia reflects both strong regional roots and global appeal. The Skytrax World Airline Awards is one of the most prestigious honours in global aviation. The online survey ran from September 2024 to May 2025, with 22.3 million eligible entries from over 100 nationalities. More than 325 airlines were included in the results. The survey and awards are fully funded by Skytrax, with no fees charged to participating airlines. What's your Reaction? +1 0 +1 0 +1 0 +1 0 +1 0 +1 0
Cision Canada
a day ago
- Business
- Cision Canada
MBDA and AXISCADES commit to expand strategic cooperation
PARIS and BENGALURU, India, June 19, 2025 /CNW/ -- At the Paris Air Show 2025, MBDA CEO Eric Béranger and AXISCADES Chairman Dr. Sampath Ravinarayanan reaffirmed their commitment to expand their ongoing partnership, aligning with MBDA's long-term 'Make in India' vision. Strengthening Existing Collaboration: AXISCADES Aerospace & Technologies Pvt. Ltd., longstanding Indian Offset Partner for MBDA, has been delivering built-to-spec and built-to-print test benches and solutions for MBDA's MICA missiles and missile launchers. The company also manages Depot Level Maintenance for launchers, offering MBDA high-quality, cost-effective capabilities. Both parties expect volume of work to scale up as MBDA's global operations grow. Expanding Scope: Building on this foundation, the partnership will extend into new domains. AXISCADES, which already supports top global aerospace OEMs and is a recognized supplier to India's Ministry of Defence, brings advanced engineering and defence systems capabilities. Both companies will explore how these competencies can contribute to MBDA's future programs in India, supporting Indian Government's 'Atmanirbhar Bharat' self-reliance initiative. Working groups have been formed to define new areas of cooperation and execute them effectively. New Facility at Aerospace Park: Taking the collaboration forward, AXISCADES will establish a dedicated facility for MBDA at its upcoming premises in Aerospace Park near Bengaluru's Kempe Gowda International Airport. This state-of-the-art setup will include a test bench lab, missile launcher infrastructure, equipment, tools, and trained personnel—ensuring continued excellence in delivery and support. Both companies are working to structure the partnership for long-term strategic and industrial value. About AXISCADES: AXISCADES Aerospace & Technologies Pvt. Ltd. is a wholly owned subsidiary of AXISCADES Technologies Ltd., a leading global technology and engineering solutions provider. Headquartered in Bengaluru, the company operates across 17 global locations including France, Germany, Denmark, the USA, and Canada, with a team of over 3,200 professionals. AXISCADES has strong relationships with India's Ministry of Defence, Defence Labs, PSUs, and global OEMs, offering deep expertise in Weapon Systems, Avionics, Radar, Electronic Warfare, C4I2, Drones, Anti-Drone Systems, and Test Solutions. It has delivered innovative in-house and collaborative projects across Land, Naval, Aerospace, and Homeland Security sectors. The company provides end-to-end solutions across the entire product development lifecycle—from concept and design to manufacturing support and certification—for Fortune 500 companies in Aerospace, Defence, Automotive, Semiconductor, and Industrial domains.
Korea Herald
2 days ago
- Business
- Korea Herald
KAI , Lockheed Martin broaden defense partnership
Korean Aerospace Industries, the nation's sole aircraft maker, said Wednesday that it signed a memorandum of understanding with US-based defense company Lockheed Martin to expand their strategic partnership. The signing ceremony was held at the Paris Air Show 2025 in Le Bourget, France, on Tuesday. Both parties emphasized the importance of adapting to shifts in the global defense and aerospace industries and reaffirmed their commitment to sustainable collaboration. Following the memorandum, KAI intends to intensify joint marketing with Lockheed Martin to enter the US market through the US Navy's Undergraduate Jet Training System program. It also aims to explore new areas such as rotary-wing aircraft, crewed-uncrewed teaming systems, UAVs, AI-based autonomous technologies, space, training systems, and maintenance, repair, and overhaul. The two companies have collaborated for more than 30 years, beginning with licensed production of the F-16 in the 1990s. Their partnership led to the co-development of the T-50 supersonic trainer and subsequent upgrades for both the T-50 and FA-50 aircraft to meet evolving global requirements. 'This expanded cooperation with Lockheed Martin will further strengthen our engagement in trainer and fighter markets with the US and allied nations,' said KAI CEO Kang Goo-young. 'We expect this partnership to lead to sustainable capabilities in the aerospace industry.' Lockheed Martin COO Frank A. St. John described the agreement as a reflection of both companies' commitment to global security and technological collaboration to drive economic growth.
