Aerospace

Tekever, a provider of unmanned aerial systems (UAS), has signed an MoU with Droneway, a distributor of civil and tactical drones in Morocco and North Africa.
Defense

Turkish Aerospace Industries (TAI) has delivered the first T625 Gokbey utility helicopters to the country’s military police.
Aerospace

By Ben Goldstein
Comparatively less attention has been paid to the future operators of AAM aircraft.
Advanced Air Mobility

By Michael Bruno
There is a silver lining on the clouds that formed this year over Seattle, Wichita and elsewhere: the future looks undeniably brighter.
Aircraft & Propulsion

By Garrett Reim
The two companies’ joint R&D will focus on intermediate and high-temperature fuel cells.
Advanced Air Mobility

By Thierry Dubois
To be ready for an anticipated surge in Leap engine shop visit demand, Safran Aircraft Engines is adding capacity to its global MRO network.
MRO Europe

Aviation Week Staff

CRANE AEROSPACE & ELECTRONICS earned $55m on $239m sales in 3Q24 vs $40m on $207m in 3Q23; y-o-y backlog rose 23%.

Aerospace

Aviation Week Staff

ZEROAVIA and POWERCELL agreed to develop intermediate/high-temp fuel cells for large fixed-wing aircraft and rotorcraft.

Aerospace

Aviation Week Staff

PANASONIC AVIONICS was selected by Riyadh Air to supply Astrova IFE system for its 39 787-9s on order.

Aerospace

Aviation Week Staff

BOEING priced/upsized planned concurrent offerings to (1) 112.5m shares of common stock (par value $5 per share) at $143 each and (2) $5b depositary shares, representing 1/20th interest per share (par value $1 per share) at $50 each; it is projecting net proceeds of $20.72b before over-allotments.

Aerospace

By Graham Warwick
Shenyang Aviation Industries Group has reached out to Italy's Manta Aircraft to partner on a V/STOL design that could now be developed and manufactured in China.
Advanced Air Mobility

By Ben Goldstein
The transaction saw Joby issue 40 million shares at $5.05/share, raising about $200 million.
Advanced Air Mobility

Aviation Week Staff
Dovetail Electric Aviation and Norwegian operator Skydive Voss will collaborate to convert several Cessna Caravans to electric propulsion.
Advanced Air Mobility

By Ben Goldstein
A self-described investor in distressed companies, Mudrick Capital is the largest creditor of UK-based Vertical.
Advanced Air Mobility

ABL AVIATION arranged €170m senior secured finance facility from KfW IPEX-Bank and NatWest for SWISSPORT INTERNATIONAL for electric GSE.

Aerospace

By Victoria Moores
Over 50 companies have joined forces to get electrofuel (e-SAF) production up and running during a critical time window during the next two years.
Emerging Technologies

THALES AVIONICS was selected by Qatar Airways to supply FlytEDGE cloud-native IFE system for its A321NXs.

Aerospace

Pablo Aguirre was promoted to President of AMTRA Aero, Tulsa; David Gantner was named President of AMTRA Aero Component Solutions.

Aerospace

AMTRA AERO COMPONENT SOLUTIONS acquired ex-Volaris A319-100 (3069) for part out by end November 2024.

Aerospace

L3HARRIS TECHNOLOGIES had $400m net income on $5.3b revenues in 3Q24 vs $383m on $4.9b in 3Q23.

Aerospace

Jennifer Wilson Skuhrovec to Chief Financial Officer of SIFCO Industries, Cleveland.

Aerospace

GENERAL ATOMICS AEROTEC SYSTEMS (GA-ATS) certified its in-house Do228 flight simulator in Oberpfaffenhofen to FTD Level 2.

Aerospace

JOBY AVIATION priced public offering of 40m shares, plus options for 6m, for $5.05 each to raise $202m.

Aerospace

BOEING launched concurrent offerings of 90m shares of common stock (par value $5 per share) and $5b depositary shares (1/20th interest per share; par value $1 per share); offering includes options for 13.5m shares/$750m depositary shares, increasing total raise to $19b. Goldman Sachs, BofA, Citigroup and J.P. Morgan are lead bookrunning managers.

Aerospace

By Guy Norris
U.S. startups Natilus and JetZero sense the time is right for a chance to break into the big jet air transport business with radical blended wing body concepts.
Emerging Technologies