SpeedNews

THRIVE AVIATION opened 17,000 sq ft headquarters in Henderson, NV. It has >30,000 sq ft hangar space at Harry Ried Intl.
Business Aviation

GARMIN AVIATION earned $213.2m on $793m revenues in 2022 vs $193.2m on $712.5m in 2021.
Business Aviation

SAFRAN posted €1.2b net income on €19b revenues in 2022 vs €784m on €15.3b in 2021.
Aerospace

Nicolas Potier to Vice President-Support & Services of Safran Aircraft Engines, France.
Aerospace

SOLiTHOR and SONACA agreed to jointly develop high-density rechargeable solid-state Lithium battery systems in Belgium for powering regional and UAM aircraft
Aerospace

BOEING signed agreement with Poland's Łukasiewicz-Institute of Aviation to closely collaborate on engineering design, analysis and support projects.
Aerospace

AIRBUS plans in 2023 to add 800 workers in Canada to support ramp-up of A220 production and to meet opportunities in the helicopters, defense and space fields.
Aerospace

RHEINMETALL, Germany has LOI from Lockheed Martin and Northrop Grumman to supply F-35 center fuselages.
Defense

TSA

Keisuke Masutani to President of Mitsubishi Aircraft, Japan (effective April 1); Takaoki Niwa is retiring.
Aerospace

Bill Gonet to Vice President-Sales & Marketing of Barnes Aerospace, Windsor, CT.
Aerospace

CAE

CAE has 10-year Frontier Airlines contract to provide cloud-based Operations Control, Crew Management and Flight Management solutions.
Aerospace

SUMITOMO invested into VOLOCOPTER as key strategic partner for entry into service of its eVTOL in Japan from 2025.
Aerospace

TEX TECH INDUSTRIES (Arlington Capital Partners) acquired SGL Carbon's operating assets at Gardena, CA.
Aerospace

UNITED AIRLINES VENTURES SUSTAINABLE FLIGHT FUND was launched by United Airlines and its inaugural partners.
Aerospace

DUNCAN AVIATION signed service agreement with Honeywell Aerospace that transfers repair capabilities and exchange inventory of ADC (Air Data Computer) AZ-800/81
Business Aviation

THINKOM, CA has production contract to supply an airborne, multi-band, conformal antenna solution.
Defense