SK CAPITAL completed acquisition of Parker Hannifin's North America Composites & Fuel Containment (CFC) Division (engineered carbon fiber composite components and fuel containment solutions), renamed AXILLON AEROSPACE.
TRIMAS AEROSPACE earned $6.3m on $70.8m sales in 3Q24 vs $7.1m on $67.6m in 3Q23; sales suffered from delayed shipments from 10-week work stoppage at one of its fastener manufacturing locations, which has since been resolved.
JETZERO announced new supplier contracts for key components of the Flight Control System on its full-scale blended wing body (BWB) demonstrator: BAE SYSTEMS for pilot controls and actuation controllers; MOOG for flight control actuators; SAFRAN for pilot controls; THALES for flight control computers; and WOODWARD for trim control modules.