Aerospace

VIRGIN GALACTIC unveiled the first stage design for new targeted Mach 3-certified, delta-wing aircraft to carry 9-19 pax at >60,000 ft, and announced

FAA issued NPRM (45-day public comment period) for AD on 737 MAX mandating several design changes/requirements to return aircraft to service

Airline MRO Barfield now repairs unmanned aircraft systems components at its facility in Louisville, Kentucky.

Leaders who embrace digital transformation can help hard-hit companies rebound from the pandemic.

TRONOS AVIATION CONSULTING, WA forecasts new aircraft seat production at $1.57b for 2020 vs $3.6b in 2019; total 5-year interior aftermarket forecast

MITSUBISHI HEAVY INDUSTRIES says its Aircraft, Defense & Space unit lost ¥62b for first quarter ended June 30 (vs ¥29.4b profit a year ago) on 2%

EVELOP AIRLINES, Spain took delivery of A350-900 (400) on lease from Avolon (SPNWS; April 24).

AIR INDUSTRIES GROUP says it is accelerating its growth strategy in response to pandemic-induced, severe contraction in aerospace industry; it issued

AFG AERO & INDUSTRIAL reached agreement with Custom Alloy to exclusively manufacture and market its commodity based-products in US for buttweld.

Small satellite launcher ABL Space Systems has disclosed around $90 million in new defense contracts plus investments from Lockheed Martin and venture capitalists, powering the startup through a three-launch demonstration of the RS1 launch vehicle and GS0 deployable launch system early next year, the company said Aug. 3.

ARLINGTON CAaPITAL PARTNERS agreed to acquire Triumph Group's composites operations (structural and engine composite fabrications and assemblies)

COLLINS was selected by Jin Air to provide full suite of ARINC aviation resource management systems and ARINC Integrator to streamline operations.

COMAC completed maximum take-off/landing height expansion flight test of ARJ21 at Daocheng Yading Airport (4,411 meters above sea level; highest

LIEBHERR this week announced delivery in February 2020 first engineering prototypes of nose wheel steering remote electronics unit for 787 and main

MAGNETIC MRO TRAINING received Part-147 online training approval from ECAA and is performing synchronous distance learning for A320 Type Training.

ENTRUST GLOBAL reacquired Legg Mason's stake in company, and is again operating as an independent, private company; it says since outset of COVID-19

MTU AERO ENGINES had €13.2m net income for 2Q20 (vs €102.8m in 2Q19) on 30% lower revenues; 1H20 sales fell 8.7%.

SPIRIT AEROSYSTEMS announced it is further reducing workforce on commercial programs at Wichita by another 1,100 employees (450 layoffs) due to lower

As Airbus is reconciling production rates and deliveries, its CEO sees the current situation as manageable for the supply chain.

Swiss eVTOL demo; EASA advances AI; suborbital spaceplane; AeroTEC advances electric; EHang expands; and Sunglider flies higher.

Liftoff was scrubbed due to an out-of-limit sensor indication associated with the Ariane 5's first-stage liquid hydrogen propellant tank.

L3HARRIS has BAA Training order to provide 737 MAX 8 full flight simulator for installation at new 5,300 sq meter training center in Barcelona for

GOGO is eliminating 143 full-time positions (or 14% of its overall workforce), predominantly from its Commercial Aviation business, due to COVID-19

Rocket Lab has determined the cause of the July 4 failure of an Electron rocket—a faulty electrical connection which triggered a premature shutdown of the booster’s second stage, the company said on July 31.

L3HARRIS TECHNOLOGIES had $278m net profit in 2Q20 (vs $416m in 2Q19) on 0.1% lower revenues (GAAP and pro forma).