CPI Aerostructures announced April 13 that it closed on a $4.8 million loan under the Payroll Protection Program (PPP) as part of the new Coronavirus Aid, Relief, and Economic Security (CARES) Act in the U.S.
Israel-based defense contractor Elbit Systems, which has a major U.S. subsidiary, acknowledged issues in its operations on April 13 and said it started carrying out unspecified “cost-control measures to help limit the financial impact on the company.”
A Lockheed Martin employee working at the Fort Worth facility where the F-35 is assembled died several days after informing the company he felt ill with COVID-19-like symptoms, Lockheed said on April 13.
Aerospace supplier Woodward is cutting the equivalent of 15% of its full-time workforce through the year as the COVID-19 pandemic’s effects ripple through the aerospace supply chain, the company quietly disclosed April 10.
The USS Gerald R. Ford conducted its first-ever fleet replacement squadron carrier qualifications for sailors and Marines while underway in the Atlantic Ocean.
In English, people sometimes say one should never let a good crisis go to waste—meaning that amid emergencies things can be achieved that could not be done before.
Korean Air plans to reinstate some previously suspended domestic flights in May, a sign that domestic demand is beginning to recover from the COVID-19 crisis in South Korea.
A small helicopter flying as a technology demonstration with NASA’s Mars 2020 mission has been attached to the Perseverance rover in preparation for launch this summer.
NASA’s Langley Research Center in Hampton, Virginia, and the Katherine Johnson Independent Verification and Validation Facility in Fairmont, West Virginia, have joined the list of NASA facilities reaching Stage 4 of the agency’s Response Framework to COVID-19.
Japan’s major airlines are continuing to shrink their international networks as they increase capacity cuts through late April and plan larger reductions extending into May.
Supplier Triumph Group late April 10 announced furloughs for around 2,300 employees across its plants in the U.S. and Europe for two-four weeks to cut work along with the current suspension of all Boeing Commercial Aircraft programs, and the company is laying off up to 700 more workers.
Rocket company Virgin Orbit completed a major dress rehearsal of its LauncherOne vehicle launch system on April 12, marking the final test of the five-year development program and clearing the way for the first demonstration launch.
