SAFRAN BLADES inaugurated €108m, 10,000 sq meter digitized compressor blade manufacturing facility in Liège, Belgium, which is designed to produce 700,000 titanium blades per year (mostly for LEAP and GEnx engines) by 2026.
TAT TECHNOLOGIES closed public offering of 1.6b shares and a secondary offering (by FIMI Opportunity V and FIMI Israel Opportunity Five) of 2.5b shares, plus options, totaling $124m. Proceeds are to be used for general corporate purposes.
STANDARDAERO was selected by Green Taxi Solutions as partner to lead certification of its Zero Engine Taxi electric aircraft taxiing solution that uses power from APU vs main engines to reduce fuel burn/emissions/brake wear.
VORTEX CONTROL TECHNOLOGIES, Seattle was selected by SunExpress to supply VCT Finlets (mounted on aft fuselage) for its remaining fleet of 737-800s, following phase one for five, to reduce total fuel consumption/carbon emissions.
AERFIN sold a serviceable CFM56-7B to an undisclosed customer after completing a general visual inspection in accordance with SP110, a thrust rating change via ID plug modification, and replacement of key LRUs.
OLIVER WYMAN forecasts global MRO sector will increase 2.7% per year to $156.1b in 2035 (vs $120.1b in 2025) to support 38,309 aircraft (vs 29,079); aircraft utilization is to exceed 112m flight hours annually by 2035, up 39% vs 2024.
PANAMA selected Embraer's Super Tucano as new surveillance and protection platform for its National Air and Naval Service (SENAN); seven other Latin American countries have chosen aircraft as their main surveillance aircraft.
AEROVIRONMENT received shareholder approval to acquire BLUEHALO, VA (space technologies/cUAS/EW/AI) in all-stock deal valued at $4.1b to accelerate its transformation into a leading next-generation defense technology company.
