SPIRIT AEROSYSTEMS and BOEING signed MOA to collaborate on supply chain performance and resiliency to enable production stability and rate increases; final deal, to be completed by November, includes pricing increases for 787 shipsets and reductions for 737 shipsets, resulting in overall net revenue increase for Spirit of $190m through 2033.
Two months before he was assassinated in Dallas, U.S. President John F. Kennedy ignited a firestorm when he proposed in a speech at the United Nations that the U.S. and Soviet Union conduct a joint manned lunar landing program.
Ocean Aero, a startup company working on autonomous U.S. Navy ships and backed by Lockheed Martin, has opened its new headquarters and manufacturing facility.
Regent has signed a $4.75 million contract with the U.S. Marine Corps Warfighting Lab to demonstrate its Viceroy prototype for logistics missions in 2025.
Berkeley Space Center, unveiled Oct. 16, could see employment for more than 6,000 researchers and developers in astronautics, quantum computing and more.
Shield Capital—which was founded in 2021 and invests in areas such as AI, space, autonomy and cyber security—says it has raised $186 million for the fund.
Oliver Reinhardt, Chief Officer Risk & Certification, on readiness to fly at the 2024 Olympics, and the potential for local partnerships and facilities in the US
ROLLS-ROYCE is proposing to cut 2,000-2,500 jobs (5-6%) to focus on efficiency, simplification and enterprise-wide synergies to create more agile business. Engineering Technology & Safety will be combined as single team across group.
AVIONICA launched avSARA FDM/PWI (powered by ERGOSS) hardware/software solution that is says will revolutionize flight data recording, immediate data transfer, flight data monitoring, and pilot web interface. L2 AVIATION will install.
