In a healthy defense industrial ecosystem, companies occupying the middle ground—between the many small companies and a few large ones—perform important systemic roles.
Air Mobility Command’s goal of fielding a stealthy, penetration tanker aircraft in the mid-2030s faces pressure from tight budgets on its current timeline.
More than 46,000 industry professionals from over 160 countries – including 33,500 visitors – attended the 31st edition of Arabian Travel Market (ATM).
DUCOMMUN had $6.8m net income on record $191m revenues in 1Q24 vs $5.2m on $181m in 1Q23, citing $8.1m higher revenues in commercial aerospace end-use markets due to higher rates on helicopter, narrowbody and widebody platforms.
AERSALE had $6.3m net income on $90.5m revenues in 1Q24 vs $5k on $78.3m in 1Q23; Flight equipment sales totaled $38.6m (one aircraft and four engines) vs $27.7m (two aircraft and one engine), while USM revenue rose 16%.
Etihad Airways has recorded a profit after tax of U.S.$ 143 million, a significant improvement over Q1 2023, marking a solid start for the 2024 financial year.
By Joe Anselmo, Jens Flottau, Guy Norris, Ron Epstein
The last company to take on Airbus and Boeing was crushed, but market conditions could be ripe for another challenger. BofA analyst Ron Epstein joins to discuss what Embraer might do.
An IMAX camera recorded astronauts repairing the attitude control system of NASA’s Solar Maximum satellite, which space shuttle Challenger captured for the repair.
ARCHER AVIATION completed build-out of its high-volume, automotive-style battery pack manufacturing line in San Jose, CA to produce 15,000 packs per year.