Aerospace

HONEYWELL AEROSPACE earned $740m on $2.7b sales in 3Q21 vs $617m on $2.7b in 3Q20; Commercial aftermarket sales were up 38% vs 3Q20 and air transport

Korea Aerospace Industries has unveiled plans to develop commercial and military versions of an electric vertical-takeoff-and-landing vehicle, in passenger and unmanned cargo variants.

The consensus from the Aviation Week DefenseChain Conference was that defense primes and suppliers are about to see their world turned on their heads.

A white paper outlining the benefits of advanced air mobility, created by a group of UK stakeholders, lays out an ambitious road map of actions required by 2025 if the country is to become a leader in the emerging market.

BOEING forecasts (as part of CMO announced last month) demand in Africa for 1,030 aircraft (740 narrowbodies) worth $160b over next 20 years to

Lori Knudson to Vice President, Chief Ethics and Compliance Officer of AAR, Wood Dale, IL.

EMBRAER delivered nine E-Jets in 3Q21 vs seven in 3Q20, and 32 in first nine months of 2021 vs 16 a year ago; it ended quarter with firm order backlog

ENTROL, Spain announced that it has installed an en-1000x FNPT II simulator to Dento Aviation in Cyprus.

CGI AUTOMATED MANUFACTURING acquired ADVANCED LASER MACHINING, WI (metals-focused contract manufacturing).

QUICKSTEP, Australia was selected by Australia's Swoop Aero to provide engineering/manufacturing services, tooling and initial production run of

ELBIT SYSTEMS agreed to sell IMI SYSTEMS (includes 85% stake in ASHOT) to FIMI Opportunity Funds for $88m. Ashot manufactures jet engine shafts

Our roundup of the main aerospace and defense stories making the news this week.

Ahead of NASA’s selection of up to four proposals to support development of commercial space stations, a team led by Nanoracks unveiled plans on Oct. 21 for a four-person outpost called Starlab, with initial operational capability expected by 2027.

Singapore-headquartered H3 Dynamics has closed a $26 million funding round to develop hydrogen-powered unmanned aircraft for longer-range parcel and cargo delivery.

ABB’s E-mobility unit will develop, test and supply the MegaWatt fast-charging infrastructure required for the quick turnaround times needed for electric aviation.

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After NBAA-BACE was canceled in 2020 due to the pandemic, the business aviation community reconvened in Las Vegas.

BOEING forecasts demand in Middle East for 3,000 new aircraft worth $700b over next 20 years, increasing fleet to 3,530 jets (current single-aisle

CRANE AEROSPACE & ELECTRONICS was selected by Airbus to supply its SmartStem tire pressure indication system as option for A320 Family aircraft.

MATERIALISE, Belgium and PROPONENT formed partnership to increase use of 3D printing in aftermarket supply chains.

Steve Skerrett to Director of Quality of Acro Aircraft Seating, UK.

Ed Anders to Director of Operations of Acro Aircraft Seating, UK.

DHL Express plans to demonstrate the use of delivery drones for port logistics in a joint initiative with Malaysian aviation services company Pen Aviation and local cargo operator Raya Airways.

The first electric racing aircraft built for the new Air Race E series is being readied for flight.

Major events such as the Olympic Games that focus the world’s attention on one country are emerging as key early showcases for urban air mobility.