Eaton, a mid-tier aerospace and defense supplier, has acquired Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets.

The lobbying association for the French aerospace industry, GIFAS, says its members may need to hire up to 15,000 after a period of job cuts.

Airbus has unveiled Airbus Atlantic, a wholly owned subsidiary that starts off as the No. 2 aerostructures provider in the Western business world as measured by annual sales.

The U.S. Justice Department has unveiled an ongoing antitrust investigation into labor market allocation in the aerospace engineering market, revealing indictments against six executives who are alleged to have established an anti-poaching regime among their companies.

The Denver-based startup is reportedly in final negotiations to develop a production facility for its Overture supersonic airliner at Piedmont Triad International Airport near Greensboro, North Carolina.

The combined company, to be traded on the Nasdaq stock exchange, ostensibly will have a pro forma enterprise value of $974 million.

MRO services accounted for nearly 60% of job losses in the total Canadian aerospace industry during between 2019 and 2020.

The companies initially worked together on 3D-woven composite blades for CFM International’s Leap airliner engines