Investors detest the thought of losing money. So one has to wonder what the future holds for struggling Hawker Beechcraft. Investment bank Goldman Sachs and Canadian buyout firm Onex Corp. paid a top-of-the-market price of $3.3 billion in 2007 to acquire the builder of business jets and general aviation and military turboprops from Raytheon. But a collapse in demand for business jets the following year created a flood of red ink that has yet to be stanched, despite progress in cutting costs and improving efficiency.
This week, Senior Space Technology Editor Frank Morring, Jr., wrote about a new venture that is developing a low-cost launch vehicle to orbit small satellites. But Managing Editor for Technology Graham Warwick highlighted the challenges two smaller companies faced when they bid for – and ultimately lost – contracts to build technology demonstrators for the U.S. Army’s next-generation rotorcraft. Listen in as Morring and Warwick discuss the state of entrepreneurship in aerospace & defense on this week’s Check 6 podcast....More
Our MRO Asia issue examines many facets of the industry there, which in 2014 accounts for 17% of the civil aviaiton market. We'll take a deep dive into who is doing what--and how the changing international airline partnerships and fleet changes affect that....More