Arlington Capital Partners, a private equity group focusing on aerospace and defense, is bolting on more assets to its AEgis Technologies brand for U.S. national security customers.
With key customer Boeing recently suspending much of its own work indefinitely to try to deep-clean amid the novel coronavirus outbreak, Wichita-based Spirit AeroSystems announced April 8 it has also practically halted production for Boeing programs performed at its headquarters and in Oklahoma for an indefinite period of time.
Australian nanosat startup Sky and Space Global has entered voluntary administration—a process similar to Chapter 11 U.S. bankruptcy—after posting losses of more than AUS$30 million ($18.5 million) in 2019.
NASA will invest $7 million to advance a range of 23 early stage technologies with the potential to hasten the journey of humans to Mars and increase the odds of success for robotic missions selected to explore potentially habitable extrasolar planets and ocean worlds.
Teledyne Technologies, a key supplier of aerospace instruments, digital imaging products and defense electronics, has warned Wall Street of a dramatic falloff in commercial aerospace business and that its full 2020 outlook will be ramped down due to the novel coronavirus.
To the list of potential long-term challenges to commercial aviation from the COVID-19 crisis, add the likelihood of faster growth in high-speed train services for travelers in China and Europe, according to a new report by a major investment bank.
A group of Democratic lawmakers protested April 7 against the Trump administration’s “sustained push” to withdraw from the Treaty on Open Skies and defund the OC-135B replacement program.
Acting U.S. Navy Secretary Thomas Modly resigned April 7 after a recording revealed that Modley called the USS Theodore Roosevelt’s fired captain “naïve or stupid.”
Technology that enabled a manned helicopter to be converted into an autonomous cargo resupply vehicle has been scaled down and tested in a small unmanned logistics aircraft.
The Trump Administration has asked Congress for an additional $250 billion in small-business payroll loan funding, providing more cash to the coronavirus pandemic emergency funding program that many small aerospace suppliers are expected to tap.
Howmet Aerospace, formerly the aviation and defense-focused assets under the Arconic brand, said April 6 it will work to save about $100 million in costs as its OEM customers halt production of large commercial aircraft due to COVID-19 fallout.
The last of the SpaceX Dragon resupply capsules launched to the International Space Station (ISS) under an initial round of NASA commercial resupply contracts returned to Earth on April 7.
Discovered on Dec. 28, 2019, the puffy greenish Comet Atlas C/2019 Y4 rapidly brightened in the northern night sky near the Big Dipper as it raced toward the Sun.
The first aircraft carrier equipped to embark an F-35C, the USS Carl Vinson, completed its 14-month maintenance period at Puget Sound Naval Shipyard and Intermediate Maintenance Facility (IMF) in Washington state, a hot spot for the novel coronavirus.
