Prepare to Prevail - Draken 2023 GlobalAir.com. Draken Buys Cobham's Aviation Services Business To The Reverse Merger. 18,468 followers. Draken Europe has announced plans to close its UK-based Helicopter Academy at the end of this year with the impact of the COVID-19 pandemic a key factor in the decision, as limitations on travel to and from the UK reduced its ability to secure new orders. DRAKEN International, Inc. acquired FR Aviation Ltd. from Cobham Not a member? By continuing to use this website, you are agreeing to our Cookie Policy. Copyright 2023. The company is based at Bournemouth-Hurnbut has an MRO and operations center at Teesside International Airport, the former RAF Middleton St George near Darlington in northeast England. GlobalAir.com is your partner in connecting you with relevant information and resources. Draken Buys Cobhams Aviation Services Business is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership. The deal was concluded on September 25 and encompasses several entities, including the former FR Aviation target facilities fleet, and some helicopter training and services activities. Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community. Experience a new level of safety with features like altitude pre-select, auto level, and mode annunciation. Cobham Aviation Services - Wikipedia In addition to the Falcons, the division flies a single Diamond DA-42 that often acts as a surrogate UAV during training exercises. Read the full article via the 03685040127, Austin Snells Agreement with River House Artists/Warner Music Nashville, Vista Equity Partners Minority Growth Investment in Benchmark Gensuite, CMB Primes Acquisition of 50,1% Shares in Terminales Martimos de la Patagonia, Oleoductos del Valles US$50 Million Notes Offering, Rydes EUR 3.5 Million Seed Funding Round, ipushpulls Minority Investment From TP ICAP, Lon Grosses Acquistion of Willemen Construction, Liquid Intelligent Technologies Acquisition of Cysiv MEA, Tamela Capital Partners Mezzanine Loan Facility to The Digs, Yellow Door Energys Multi-Million Dirham Debt Refinancing for Projects in UAE, Vietcombanks USD300 Million Credit Facility, Waterdrip Capitals Launch of Pacific Waterdrip Digital Asset Fund, Educomp Infrastructure and School Management Limiteds Insolvency Resolution Process, OMelveny Welcomes Versatile New York M&A Partner Brian F. McKenna, Stephanie Symonds-DArcey joins MLT Aikins in Calgary, Jeff Schenk, former Chief of the U.S. Attorneys Office San Jose Branch, joins Jones Days Investigations & White Collar Defense Practice, The (Un)Happy Relationship Between SIAE And Meta in Italy. Please login or register as My Flight Department in order to comment on this article. Draken International - Wikipedia Weil Advised Cobham on the Sale of Cobham Aerospace Connectivity Emergency autopilot level button helps to bring the aircraft to a wings-level position. 1 MarketScreener is worth more than 1000 Influencers! Extend your safety and reduce pilot workload with the AeroCruze proven and affordable autopilot for certified and experimental aircraft. From aerospace and defence communications through to navigation and electronic warfare, its all driven by the people behind it. Draken, which signed a long-term deal with the airport in 2020 when it was known as Cobham Aviation Services UK . Draken, which signed a long-term deal with the airport in 2020 when it was known as Cobham Aviation Services UK, currently maintains a fleet of . Struggles with Sustainable Li-ion Battery Supply Chain, Covid Meets Business AviationA Post-Pandemic Review, FSF White Paper Aimed at Countries Allowing Russian Ops, FAA Opens Public Review of Aviation Noise Policy, Mexico's Redwings Plans eVTOL Air-taxi Services, Report: Future Aviation Will Require Massive Energy Growth, Safran To Lead Open Fan Studies for EUs OFELIA Project, Mid-Year Aerospace & Air Transport Report. Client Login DRAKEN International, Inc. acquired FR Aviation Ltd. from Cobham Limited on September 25, 2020. Aadeesh Aggarwal, Sabina Pennings and Ravi Gupta of N M Rothschild & Sons Limited acted as financial advisor to Cobham Limited and it's parent Advent. Additionally, ATAC was awarded a contract in August as part of CAF CAS to provide contracted close air support sorties for JTAC training using the companys Aero L-39s and the A-27 Tucano aircraft of Valkyrie Aero, a service that the companies already provide to the U.S. Navy. Aviation services firm Draken International has bought the aviation service businesses of Cobham Group. Draken International, LLC is an American provider of tactical fighter aircraft for contract air services including military and defense industry customers. Flying for the Dark Side - Royal Aeronautical Society Posted on September 12, 2022. We are able to seamlessly integrate our vital services with our customer programmes which is reflected by our enviable reputation as a deeply trusted supplier to the UK MoD for over three decades. Leidos Holdings, Inc. (NYSE:LDOS) has entered into a definitive agreement to acquire Cobham Aviation Services Australia's Special Mission business from Cobham Limited for AUD 310 million. The new unified Draken identity reflects our global reach and breadth of experience, with our new ownership seeing us well-placed for the future. ATAC has already been awarded contracts in the first round to provide adversary air services at Holloman AFB, New Mexico, and Luke AFB, Arizona, but now has secured a deal worth up to $92 million to provide similar services at Eglin AFB, Florida, where F-22 and F-35 pilots train. The Control Body and The Auditor In S.R.L. Janes Intara - Frequently Asked Questions, Draken buys Cobham aviation services business. Cobham announced its 25 September divestiture on a UK investor website on 28 September. It is our mission to be the go to leaders in the aviation industry. Draken International Announces Leadership Transition - LinkedIn While . Royal Norwegian Air Force thank Draken for years of support Hosting the aviation specialists of the future SNC-ICT and Draken Europe announce long-term partnership in Saudi Arabia Celebrating 80 years of the UK's Army Air Corps Fifty years of continuous flying on Cyprus at RAF Akrotiri - supported by the Draken Europe team The deal, which closed Sept. 25, sees Draken taking control of 13 businesses which came under the Cobham Aviation business banner. Draken International, a portfolio company of Blackstone, executed the acquisition. Cobham Aviation Services UK, which is based at Bournemouth International Airport in England, operates a fleet of 15 Dassault Falcon 20 business jets for military training. Cobham, which was acquired by US private equity firm Advent International in January, did not indicate what prompted the deal with Draken. All rights reserved. We are thrilled to formally announce our new brand said Draken Europe CEO, Paul Armstrong The new unified Draken identity reflects our global reach and breadth of experience, with our new ownership seeing us well-placed for the future. Hush-Kit Aviation News, History & Satire on Twitter: "Just speaking to Lewis Blakey, Ramona Nee, Barry Fishley, Oliver Walker, Jonathan Macke, Tom Richards, Jennifer Britz, Ivor Gwilliams, Neil Rigby, Vadim Brusser, Tim Welch and Marc Lordonnois of Weil, Gotshal & Manges LLP acted as a legal advisors to Cobham Limited. Prior to this, the Firm advised Cobham on the sale of Cobham Aviation Services UK, a provider of outsourced aviation services for military and civil customers worldwide, to Draken International (a portfolio company of Blackstone) in September 2020. 1w. Janes Its most visible operation is the fleet of Dassault Falcon 20 business jets that have been modified to act as platforms for electronic warfare and naval gunnery trainingand other target facilities workon behalf of the UK Ministry of Defence, U.S. Air Forces Europe, and NATO. Chelton never sacrifices on quality are committed to maintaining our high quality standards through our various accreditations and adherence to aviation and defence regulations. Draken did not respond to a request for comment. Informa Markets, a trading division of Informa PLC. Read the full article via the bahrain air . All rights reserved. https://m.aviationweek.com/themes/custom/particle/dist/app-drupal/assets/awn-logo.svg. , Communications Manager Draken logo. January 28, 2021.