Aerospace

The nation needs to adopt a "commercial first" policy for space technology to bolster its international competitiveness.

Greece is investing in defense again and new combat aircraft top the list of priorities.

Virgin Orbit’s Dutch customer; MDA awards sensor development contracts; BAE to demo PHASA-35; and Spacecom HQ location in flux?

BURLOAK TECHNOLOGIES, Canada was approved by Boeing to additively manufacture aluminum AlSi10Mg components to BAC 5673 specification; companies are

GKN Aerospace is leading a UK program to develop a liquid-hydrogen fuel-cell propulsion system for subregional aircraft.

Gone are the corporate venture capital investments, let alone the company yacht and the all-you-can drink press junkets.

Flying Ship is a U.S. startup that plans to modernize the Russian ekranoplan ground-effect vehicle concept and bring unmanned aircraft technology to maritime logistics while avoiding the onerous burden of aerospace regulation.

BOEING took $6.5b pre-tax charge for 777X program in 4Q20 and now expects first delivery in late 2023, after assessing global certification

BOEING had $8.4b net loss on $15.3b revenues in 4Q20 vs $1b loss on $17.9b in 4Q19; and $11.9b net loss on $58.2b in 2020 vs $636m net loss on $76.6b

BOEING says it has delivered >40 737 MAXs since FAA approval to return to operations; five airlines have returned aircraft to service with >2,700

The burgeoning urban air mobility sector is poised to open up private air travel to unprecedented markets. But benefits will only be maximized if decisions are made now to ensure UAM systems are accessible to the disabled, experts say.

This webinar took place January 27, 2021. Join Aviation Week’s chief technology editor, Graham Warwick, for an exclusive 45-minute discussion on the

Listen in as PwC experts discuss how understanding and leveraging data can help aerospace companies win.

The FAA expects to certify the first of a new generation of advanced or urban air mobility (AAM/UAM) aircraft later in 2021 and says regulations will be in place in time for initial piloted electric vertical-take-off-and-landing (eVTOL) operations to begin as early as 2023.

The Eurofighter, Gripen and Rafale compete fiercely but will benefit from one another’s technology as Europe develops replacements.

MITSUBISHI CHEMICAL ADVANCED MATERIALS, AZ upgraded its KyronMAX structural thermoplastic material with new resin formulations for aerospace.

Joining former NASA astronaut Michael Lopez-Alegria and Israeli entrepreneur Eytan Stibbe on the first privately financed U.S. mission to the International Space Station (ISS) will be real estate and technology investor Larry Connor of Ohio and Canadian entrepreneur and philanthropist Mark Pathy, Axiom Space said on Jan. 26.

HEXCEL had $31.7m net income on $1.5b sales in 2020 vs $306.6m on $2.4b in 2019; commercial aerospace sales fell 48.5%.

CRANE AEROSPACE & ELECTRONICS earned $100.7m on $651m sales in 2020 vs $189.4m on $799m in 2019.

Maximilian Fahr to Director-Supply Chain of Deutsche Aircraft, Germany.

ROLLS-ROYCE says its 2020 free cash outflow was in line with guidance and it ended year with £9b in liquidity; it is forecasting 2021 free cash

VSMPO-AVISMA, Russia has long-term Boeing contract for the supply of titanium die forgings for 737s, 767s, 777s and 787s; their joint venture URAL

JETTAINER (subsidiary of Lufthansa Cargo) has developed/launched plug&fly ULD management solution for small and mid-sized airlines to optimize costs.

AIRBUS HELICOPTERS booked 289 orders and delivered 300 rotorcraft in 2020 vs 369 orders and 332 deliveries in 2019.

COLLINS AEROSPACE earned $11m on $4.4b sales in 4Q20 vs $1b on $6.4b in 4Q19, and $1.5b on $19.3b sales in 2020 vs $4.5b on $26b in 2019.