Aerospace

TELEDYNE TECHNOLOGIES agreed to acquire FLIR SYSTEMS, OR (sensors) in cash/stock transaction valued at $8b.

The publicly traded aerospace and defense (A&D) sector saw its share prices fall 16% collectively in 2020, with commercial aerospace companies plummeting 21% and defense companies dropping 8%, according to Vertical Research Partners.

COVID-19 may force companies to change their supply chains, workforces and digital resilience.

Air shows are primarily about the enormous and intricate industry that creates ever-improving platforms and systems.

Providing the tools to more efficiently manage and validate airworthiness.

DAE repurchased US$100m of outstanding common shares.

Oakleigh Thorne, President and CEO of Gogo, was elected Chairman.

AIR INDUSTRIES GROUP settled post-closing working capital adjustment dispute with CPI AERO by releasing the $1.38m remaining in escrow.

COMAC says Shanghai Aircraft Airworthiness Certification Center of CAAC (SAACC) issued first Type Inspection Authorization (TIA) for C919 program.

Justin Yows was promoted to Production Supervisor of FreeFlight Systems, Irving, TX.

Keith Maness was promoted to Production Manager of FreeFlight Systems, Irving, TX.

Rob Hall was promoted to Procurement Manager of FreeFlight Systems, Irving, TX.

Kenia Goodman was promoted to Buyer and Planner of FreeFlight Systems, Irving, TX.

AIRBUS says it welcomes post-Brexit trade agreement between EU and UK and will continue to work with its many stakeholders.

US President signed $900b COVID-19 relief package, which extends Payroll Support Program (PSP) through March 2021.

DIRGANTARA INDONESIA has DGCA type certification for its 19-seat N219.

BOEING now plans to consolidate 787 production (out of Everett) to North Charleston in March 2021 (vs mid-2021), when it is now expected to cut

If successful, the deal bolsters Lockheed against large primes while providing the best outcome for AJR after overhaul in recent years.

The FAA on Dec. 28 announced final rules requiring that drones be capable of being tracked and identified from the ground, taking a major step toward opening the airspace to more regular flights of small unmanned aircraft systems.

Denver-based Voyager Space Holdings, Inc. plans to acquire a majority stake in XO Markets and its largest subsidiary, Houston-based Nanoracks, which earlier this month launched the commercial Bishop airlock to the International Space Station.

KOREA AEROSPACE INDUSTRIES (KAI) announced 15-year, $80.6m Embraer contract to supply E2 wing upper stringers and new $754m Subaru contract extension

AERSALE consummated its previously announced business combination with MONOCLE and will became a public company, trading its common stock on Nasdaq

Axiom Space, the space station startup, on Dec. 22 announced plans to create a 14-acre headquarters campus at Houston Spaceport to train private astronauts and begin production of its Axiom Station.

Kevin W. Martin to Chief Executive Officer-Engines Systems Segment of Cadence Aerospace, Anaheim, CA.

Peter Bunce, President and Chief Executive Officer of GAMA, was appointed to Management Advisory Council (MAC) of FAA.