Howmet's John Plant, often seen as a shrewd prognosticator of large aircraft manufacturing rates, has slashed his company’s expectations for 737 shipments.
The award resembles a similar, $93.3 million contract announced by GA-ASI four years ago to demonstrate object recognition algorithms on the sensors on board an MQ-9.
Additional funding finally approved by Congress in a supplemental bill last month will allow the U.S. Army to ramp up needed Patriot interceptor production.
Spanish/Australian startup Dovetail Electric Aviation expects to begin ground testing a new iteration of its integrated hydrogen fuel cell powerplant as soon as June.
With Saab facing significant headwinds in large western markets, recent news indicates that the company has set its sights on smaller prospective deals elsewhere in the world.
The company plans to issue 20.8 million shares, with an offering price to be posted on May 27, according to a financial filing with the Tokyo Stock Exchange.