Key Wichita-based aerospace and defense supplier Spirit AeroSystems is reorganizing its business structure around commercial, defense and space and aftermarket end markets as it continues to diversify its revenue streams and stabilize its outlook.

Aerospace and defense electronics specialist Mercury Systems, which is rejiggering its operations after a string of bolt-on acquisitions, has signed a definitive agreement to acquire Avalex Technologies.

The sell-off of ITP has been at the top of a list of potential asset disposals as Rolls-Royce looks to rebuild its balance sheet following the pandemic, which has heavily impacted the company’s commercial engine business. 

CPI Aero acknowledged late Sept. 23 that it has been notified by the premiere stock exchange that it does not meet the NYSE’s continued listing standards.

How fast will U.S. military jet and large commercial aircraft build rates pick up?

Heart Aerospace has selected a supplier to complete preliminary design of the doors for its ES-19 all-electric 19-seat regional airliner while Deutsche Aircraft has chosen a company to produce the wing box and engine supports for its D328eco 40-seat regional turboprop.

The C919’s expected entry into service before the end of 2021 has revived talk that COMAC could grab a big share of the narrowbody market in the coming years. 

U.S. private equity firm AE Industrial Partners is rolling up UAV-related businesses under the UAV Factory brand.