Textron

The U.S. Army announced April 24 that it awarded options to both Griffon Aerospace and Textron Systems to conduct flight demonstrations for its Future Tactical Uncrewed Aircraft System (FTUAS) program.

Textron Aviation delivered 36 Citation business jets and 20 commercial turboprops during the first quarter (Q1) 2024.

Surf Air Mobility has signed am MOU with Tanzanian regional carrier Auric Air Services to upgrade 12 of its Cessna Caravans with its electric powertrains.

Facing a reduction to its expected budget next year, the military cuts back on near-term aircraft procurement.

The U.S. Navy appears set to begin buying replacements for its aging T-45 Goshawk training aircraft, with budget documents showing procurement to begin in 2026 after a contract has been awarded.

The FAA has granted a light-sport aircraft airworthiness exemption to Pipistrel’s two-seat, high-wing Velis Electro.

Aviation Week ranks the 15 leading companies in the nascent eVTOL market.

The AAM Stock Composite declined 2% during the week ending Jan. 26, underperforming major equity markets and building on a weak start to 2024.

U.S. startup Surf Air Mobility has signed on another African operator to its backlog of carriers awaiting electric conversions of their Cessna Caravan fleets.

OEMs in business aviation have strong backlogs but supply chain pain challenges production.

Forecasts, snapshots and business aircraft to watch.

Textron has won Foreign Military Sales orders for maritime patrol aircraft versions of the King Air 360 ordered by two countries in South America.

Continuing airworthiness management organizations are adding new aircraft types and regulatory approvals to their capability lists.

Aviation Week Network’s SpeedNews updates from NBAA-BACE in Las Vegas.

Surf Air Mobility is developing both electric and hybrid-electric powertrains for the Cessna Caravan.

Requirements for the service’s T-45 replacement would likely mean more engineering work for existing competitors.

Tunnel test for Nexus; FAA revamps light sport rules; hybrid-electric for eVTOLs; and SMA power for VerdeGo’s hybrid.

Ball Corp. has confirmed that it is mulling a sale or another way to monetize its aerospace unit.

The market outlook is still rosy but . . .

Textron Aviation opened media day at EBACE with the introduction of the nine-passenger Cessna Citation Ascend midsize business jet.

Schweizer is considering the installation of a turbine engine as a possible alternative to the piston engine that currently powers its S300C light helicopter.

Bye Aerospace has received FAA approval for the means of compliance for Part 23 certification of its two-seat eFlyer 2 trainer.

The U.S. Army and Bell parent company Textron on Jan. 25 expressed confidence in the aggressive schedule of the Future Long Range Attack Aircraft program.

After a long period of tame increases, price spikes are returning as a fact of life in aerospace and defense.

Share prices of publicly traded A&D companies in 2021 were up from catastrophic 2020, but still down from pre-pandemic heights.