A successful first flight on March 1 has triggered additional investment of $90 million from the Australian government to build another three Boeing Airpower Teaming System aircraft.
TransDigm Group announced March 1 that it will sell two businesses it acquired from Esterline Technologies, ScioTeq and Treality Simulation Visual Systems, to private equity investor OpenGate Capital in a deal worth around $200 million.
To maintain its technological lead over China in artificial intelligence, the U.S. needs to improve its leadership, train a new generation of digital experts by creating a new university, and invest in research on microelectronics and AI, according to the National Security Commission on Artificial Intelligence.
Spire Global, a Luxembourg-registered nanosatellite operator for cloud-enabled data analytics, will become a publicly traded company after a reverse-merger with a special purpose acquisition company (SPAC) that has been hunting for aerospace and defense targets, NavSight Holdings.
On April 24, the Air Education and Training Command published a series of requests for information to industry as part of a preliminary market research process on a radical proposal to create a privatized track for pilot training.
Canadian pilot training and simulator leader CAE has announced its fourth acquisition in as many months, marking a major move into the U.S. military market with the purchase of rival L3Harris Military Training for $1.05 billion, the companies said March 1.
The European arm of General Atomics is studying adapting the Dornier 228 twin-turboprop into an unmanned cargo aircraft. The company says an unmanned Dornier 228 could open up new prospects for growth for the platform, following its purchase of the rights to produce the aircraft from Switzerland’s RUAG International.
U.S. drone manufacturer Skydio announced March 1 that it has raised $170 million in a Series D funding round led by the Andreessen Horowitz Growth Fund.
The UK’s Royal Navy has called on industry to provide information on electromagnetic catapults and arrestor wire systems that could launch and recover aircraft weighing 20 metric tons.
Biofuel producer Gevo has signed a MOU with Germany’s HCS Group to build a renewable hydrocarbon facility in Speyer, Germany, which will produce sustainable aviation fuel (SAF).
Rocket Lab will become a publicly traded company with $750 million in cash to develop a new medium-lift launcher, grow its end-to-end space business including through acquisitions, and continue to target U.S. government customers.
A redesign of the inlet on the Northrop Grumman B-21 was completed before the final configuration of the stealth bomber was frozen in November 2018, according to the U.S. Air Force.
The partnership between France and Germany to develop a European Future Combat Air System (FCAS) may be close to fracturing, a group made up of experts from industry and academia has suggested.
A cyberattack on a newly acquired manufacturing asset and a foreign policy shift by the new Biden administration combined to overshadow topsized financial results disclosed by aerospace supplier Kaman on Feb. 26.
NASA astronauts Kate Rubins and Victor Glover on Feb. 28 kicked off a year-plus effort to upgrade the power generating solar arrays that reach out from the International Space Station's (ISS) long support structure in eight pairs with a challenging, hand intensive spacewalk that exceeded the planned six and one-half hours.
Russia has successfully orbited the first Arktika-M hydrometeorological satellite that will boost its weather monitoring capabilities in the Arctic region.
The Booster Test Flight at the Point Mugu Sea Range off California will mark the first of several flight test missile releases to support the Lockheed Martin AGM-183A Air-launched Rapid Response Weapon (ARRW).
The head of U.S. Air Combat Command is “not brimming with confidence” that Lockheed Martin will drive down the F-35 flying hour cost to $25,000 by 2025.
Safran is negotiating a new agreement with Germany’s MTU Aero Engines and Spain’s ITP Aero after the latter joined the engine program for the Future Combat Air System.
Instead of demonstrating swarming technologies on existing weapons, Colosseum will focus on creating a live, virtual and constructive testing and demonstrating environment.
U.S. Naval Air Force Atlantic has conducted a demonstration of an unmanned aerial system prototype that is designed to provide long-range cargo transport to vessels at sea.
The UK Royal Air Force has completed the last operational flight of its Sentinel wide area surveillance radar-reconnaissance aircraft in readiness for the type’s retirement at the end of March.