A research project to improve the sustainability of airports by eliminating emissions and waste, led by Royal Schiphol Group, has been awarded €25 million ($29.5 million) in funding by the European Commission.
The U.S. Export-Import Bank has renewed a guarantee supporting aircraft-engine sales while Reta Jo Lewis has been nominated to lead the export credit agency.
Thomas Huber will lead Mercury’s “1MPACT” strategic review announced last month during its fourth-quarter fiscal 2021 earnings release, when it acknowledged a slowdown in organic business growth.
Vertex Aerospace, a legacy L3 Technologies unit providing logistics, MRO and supply chain management, has bought up a number of business lines from Raytheon Technologies as it moves into the latter stages of post-merger divestitures.
The U.S. Transportation Department (DOT) has identified 313 aerospace businesses to be awarded $482.3 million in funding, with Spirit Aerosystems garnering the lion’s share at more than $70 million.
Northrop’s engineers are actively discussing a new version of the unmanned RQ-4 with the Army that would require substantial modifications to the baseline aircraft.