Europe is pressing ahead with the second Ariane 6 launch, even as program officials continue to assess an upper-stage glitch during the rocket’s first flight.
Safran CEO Olivier Andries has blamed delays in CFM Leap 1A engine deliveries to Airbus on a drop in output at a high-pressure turbine (HPT) blade supplier.
Northrop Grumman’s Geosynchronous Auxiliary Support Tanker (GAS-T) spacecraft has passed the system requirements review, but the contract with SSC has ended.
AVIATION PARTNERS BOEING has Flybondi order to supply Split Scimitar Winglets for its 15 737-800s; installations are being performed through end of 2024 at AEROLINEAS ARGENTINAS with first two (30698/33007) complete.
SK CAPITAL, NY agreed to acquire the North America Composites & Fuel Containment (CFC) Division of Parker Hannifin, which supplies engineered carbon fiber composite components and fuel containment solutions ($350m annual sales).
AIRBUS had €230m net profit on €16b revenues in 2Q24 vs €1.1b on €15.9b in 2Q23; Commercial Aircraft earned €1.5b on €12b vs €1.3b on €12.2b, and says its monthly production targets are all on track: A220 to 14 in 2026; A320neo Family to 75 in 2027; A330 to four in 2024; and A350 to 12 in 2028. It still plans to deliver around 770 aircraft in 2024.
HOWMET AEROSPACE had $266m net income on $1.9b sales in 2Q24 vs $193m on $1.6b in 2Q23; commercial aerospace sales rose 27%. It says its biggest issue continues to be OEMs' ability to build aircraft on consistent basis.
BARNES AEROSPACE-SINGAPORE signed long-term, $33m contract extension from MTU Aero Engines to continue to supply mission-critical engine components for GTFs (for A320 Family and A220) and PW800s (for G500 and G600).
NWI AEROSTRUCTURES secured $75m capital investment from GREAT ROCK CAPITAL for three affiliates, NWI Nashville, Utica Realty Nashville and NWI Wichita, for growth in delivering machined aviation components/assemblies.
Turkish Aerospace (TAI) has shifted priorities in its rotary-wing programs and will focus its attention on developing a 10-metric-ton utility helicopter.
Al Yah Satellite Communications reported a drop in revenue for the first half of the year, driven by a payload anomaly on its Thuraya 3 geostationary satcom.
Retaining Moya's same tiltbody electric vertical-takeoff-and-landing (eVTOL) airframe, the hybrid version increases range capability to 185 mi. while maintaining the 440-lb. payload capability.