Aeralis, a British startup attempting to develop a modular jet trainer, collapsed into administration after what it called “sustained pressure” on its cashflow.
Contenders for a possible U.S. Army contract to build interceptor missiles at a cost of less than $1 million each need to be able to demonstrate the full system by the end of the fiscal year, the Army said on May 15.
A major electronic warfare (EW) upgrade for the Royal Saudi Air Force fleet of Boeing F-15SA fighters has entered the early stages of the acquisition process within the U.S. Foreign Military Sales system.
The U.S. Space Force has awarded Northrop Grumman a $398 million contract to develop and build the Enhanced Protected Tactical Satellite Communications-Prototype (PTS-P).
Dyzne Technologies has unveiled a new expendable drone, the Blitz, and a shipping container-based launch system to deploy “high-volume” swarms of UAVs.
The British Army narrows its search for an autonomous Apache wingman, with four companies advancing in Project NYX to deliver operational capability by 2030.
H.I.G. CAPITAL acquires INTERNATIONAL AEROSPACE COATINGS... CONTI FEDERAL SERVICES GETS B-21 flight sim award... Former astronaut Rominger appointed to AEROPACE CORP. board of trustees...
Are the trillions of investment pouring into artificial intelligence a speculative bubble? Are orbiting data centers the frothy peak of that financial hubris?
