Considering the myriad challenges associated with eVTOLs, several of the leading startups have announced plans to develop better-performing hybrid eVTOLs.
Activist investor Browning West has taken a 4.3% stake in Canadian training and simulation leader CAE as the latter is searching for a new CEO in 2025.
Safran has sold its North American electromechanical actuation businesses to Woodward as it seeks to address antitrust concerns related to a deal with RTX.
Poland is buying four microsatellites as it looks to build out its space-based reconnaissance capabilities, with the constellation set to be deployed in 2027.
The Pentagon will slowly return most of its V-22 fleet to flight and to operations with a better understanding of parts failures in the tiltrotor’s gearbox.
Spain is acquiring another 25 Eurofighters through Madrid’s Halcon II program, adding to 20 aircraft ordered in June 2022 through the original Halcon I buy.
