By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > Markets > Stocks > Australia to retire Taipan helicopter fleet early after crash
Stocks

Australia to retire Taipan helicopter fleet early after crash

News Room
Last updated: 2023/09/28 at 8:18 PM
By News Room
Share
3 Min Read
SHARE

© Reuters. A crewman aboard an Australian Army MRH-90 helicopter leans out of the aircraft as it kicks up sand upon landing at Langham Beach during Talisman Saber joint military exercises between Australia and the United States in northeast Australia, July 13, 2017.

By Renju Jose

SYDNEY (Reuters) – Australia said on Friday it would retire its fleet of Taipan helicopters earlier than expected after a crash off its east coast in July during a joint military exercise with the United States that killed four Australian aircrew.

The Taipan fleet will not return to flying operations before the previously planned withdrawal date of December 2024, said Defence Minister Richard Marles, as the government pushes ahead to deploy its new Black Hawk helicopter fleet.

“The first of the 40 Black Hawks that will replace the (Taipan) MRH-90 have arrived and are already flying in Australia. We are focused on seeing their introduction to service as quickly as possible,” Marles said in a statement.

Australia in January said it would buy 40 Black Hawk military helicopters, manufactured by Lockheed Martin (NYSE:), for an estimated A$2.8 billion ($1.80 billion).

Black Hawks were set to replace the Australian army’s fleet of Taipan helicopters, which have been plagued for years by maintenance issues. Australia had deployed 47 of them since their induction, Marles said.

Taipans are made by France-based NHIndustries, jointly controlled by Airbus and Italy’s Leonardo

Airbus and Leonardo did not respond immediately to requests to comment.

Norway last year said it would return the NH90 military helicopters it ordered from NHIndustries because they were either unreliable or delivered late, in a decision the manufacturer called “legally groundless”.

Australia had grounded its Taipan fleet after the July crash into the ocean off the coast of Queensland state and said the helicopters would not fly again until the findings from a detailed investigation were published.

“What is now clear is that these investigations, there are four of them, will take some time, one of them has already said it will take a year,” Marles told ABC television.

Marles acknowledged there would be “capability challenges” without an operational Taipan fleet and as defence waits for the delivery of more Black Hawks. The first three Black Hawks have arrived in Australia and started flying this month.

To help mitigate further impacts on defence, Marles said Australia had been exploring options to accelerate the delivery of Black Hawks and for aircrew training with allies, including the United States.

($1 = 1.5557 Australian dollars)

Read the full article here

News Room September 28, 2023 September 28, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Waymo Leads The 2025 Robotaxi Surge As Zoox Expands And Tesla Races To Catch Up

Watch full video on YouTube

Michael Saylor’s Strategy buys $835M in bitcoin, Nvidia earnings expectations, AI bubble concerns

Watch full video on YouTube

US inflation unexpectedly falls to 2.7%

Stay informed with free updatesSimply sign up to the US inflation myFT…

Zelenskyy to confront De Wever in stand-off over Russian assets loan

Good morning. There are only two stories in Europe today: First, will…

BP replaces CEO Murray Auchincloss after less than two years in the role

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

- Advertisement -
Ad imageAd image

You Might Also Like

Stocks

CPS reports solid 2023 performance, eyes future growth By Investing.com

By News Room
Stocks

Niu Technologies faces mixed results in Q4 2023 By Investing.com

By News Room
Stocks

Exagen Inc. reports strong 2023 revenue growth By Investing.com

By News Room
Stocks

Legacy Housing reports mixed results amid sales decline By Investing.com

By News Room
Stocks

Harmony Biosciences exec sells over $383k in stock By Investing.com

By News Room
Stocks

Biofrontera posts record revenue and outlines growth plans By Investing.com

By News Room
Stocks

Granite Ridge CFO buys $31,000 in company stock By Investing.com

By News Room
Stocks

Coliseum Capital Management buys MasterCraft Boat shares worth over $3.2m By Investing.com

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?