The opening of a Boeing Research and Technology center in Nagoya heralds a new push by the OEM to focus on sustainable aviation technologies and innovation in the country.
The aerospace industry is about to face new constraints in raw material supply, due to geopolitical tensions and needs for emerging technologies, GIFAS said.
COLLINS AEROSPACE earned $849m on $6.7b sales in 1Q24 vs $897m on $6.1b in 1Q23. It says increase in sales was driven by a 14% increase in commercial aftermarket, 14% increase in commercial OE, and 1% increase in military.
ROBINSON HELICOPTER acquired ASCENT AEROSYSTEMS, MA (coaxial helicopter drones) and says through deal, Ascent can now grow and scale by building UAVs at its vertically integrated manufacturing facility in Torrance, CA.