Singapore Aircraft Leasing Enterprise will become BOC Aviation Pte. Ltd. on July 2, changing its name to reflect its sale in December to Bank of China, the world's sixth most valuable bank. Apart from doing away with the abbreviation SALE -- always a source of confusion, since the company's business is leasing aircraft, not selling them -- the move will signal the firm's expansion under its new owner, says CEO Robert Martin.

Aerospace and aviation industries could barely survive without Mitsui Seiki, even though many professionals have barely heard of this none-too-profitable maker of the machine tools that create the most precise parts in engines and airframes. It’s astonishing how efficiency in aviation can come down to a skilled technician shaping metal by hand at Mitsui Seiki’s Tokyo plant. Imagine an airline that enjoys stronger profits because it has introduced efficient new aircraft, whose advantage over the competition lies mostly in engine design.

Spanish state shipbuilder Navantia has won both of Australia's current warship competitions, beating out a Gibbs & Cox design for the country's air-defense destroyer contract and a proposal from France's DCN for helicopter-capable dock landing ships.