AEI said Jan. 30 it plans to renovate the facility to serve as an aerospace center of excellence anchored in The Shoals area of Cheorkee, Alabama.

Private equity firm Arlington Capital Partners is launching a new pure play structures supplier.

Safran India CEO Jetendra Gavankar on the OEM’s expansion plans for MRO workforce, capabilities and facilities.

Senior BAE Systems executives hope to finalize negotiations on work share, work allocation and work locations for the trinational Global Combat Air Program by the summer.

The defense tech ecosystem is coming into its own as the Pentagon works to overcome the so-called “valley of death.”

Lockheed Martin plans to cut around 1,220 workers, or 1% of its workforce, in 2024.

L3Harris’s revenue jumped 17% annually in the fourth quarter to $5.3 billion, while adjusted earnings per share of $3.35 were about 1% ahead of consensus estimates.

The aerospace and defense sector could experience modest mergers and acquisitions activity this year.