Aerospace

Honeywell expects to more than double the fleet of HTF7000 engines over the next decade as it seeks to develop a next-generation successor for the 2030s.

The company first wants to move projects from high risk to high reward.

Blended wing body developer JetZero has received an FAA airworthiness certificate for its 12.5% scaled demo, clearing the uncrewed twin-engine aircraft.

Surf Air Mobility has signed am MOU with Tanzanian regional carrier Auric Air Services to upgrade 12 of its Cessna Caravans with its electric powertrains.

ILC Dover is being sold again, this time to the global industrial-machinery company Ingersoll Rand.

CPaT, TX was selected by Italy's Poste Air Cargo to provide distance learning systems for 737-800BCF and ATR 72-500 training.

Johan (John) Wall to President-Engineered Structures of Howmet Aerospace, Pittsburgh.

C&L AEROSPACE opened 20,000 sq ft parts warehouse in Leipzig, Germany to serve Europe and Northern Africa.

AIRBUS DEFENCE AND SPACE agreed to acquire INFODAS, Germany, which provides cybersecurity and IT solutions in the public sector.

REX received certification for its 737NG full-flight simulator now housed at its new flight training facility in Sydney; FFS was originally housed at Ansett Aviation Training in Brisbane, but was moved when AAT decided not to extend deal.

BOOM made first flight of XB-1 supersonic demonstrator at Mojave, CA.

AVAIR, AZ closed new, larger 3-year senior credit facility from syndicate of banks led by HSBC Bank USA.

Andrew G. Kireta Jr. to President of ASTM International, PA (effective May 1). Katherine Morgan is retiring.

BRITTEN-NORMAN secured investment from group of investors led by private equity firm 4D CAPITAL PARTNERS.

BOEING announced the following leadership changes: Dave Calhoun is stepping down as CEO at end of 2024 (successor is TBA); Independent Board Chair Larry Kellner will not stand for re-election and will be replaced by Steve Mollenkopf; and Stan Deal is retiring, to be replaced immediately by Stephanie Pope as President and CEO of Commercial Airplanes.

Planet Labs has expanded its partnership with satellite image analytics firm SynMax to sell AI-powered vessel monitoring and classification software.

The AAM Stock Composite rose by around 9% during the week ending March 22, boosted by a continued rally in shares of EHang.

Aviation Week editors break down the seismic leadership changes announced by Boeing and what they mean for the company's future.

AeroHT is developing the Land-based Aircraft Carrier, an all-electric, five-passenger off-road SUV that carries a two-passenger multirotor eVTOL in its trunk.

Leadership changes at Boeing have Commercial Airplanes CEO Stan Deal out effective immediately, while both CEO Dave Calhoun and chair Larry Kellner revealed their departure dates.

The agency’s disruptive approach to space acquisition has produced many contracts in a tight timeline, though its biggest tests are yet to come.

Certifying electric engines; Call for UK hydrogen funding; More eVTOLs for USAF; and the UK’s future flight road map.

Jeffrey DiGiovanni to Chief Executive Officer of Innovative Solutions & Support, Malvern, PA.

SURF AIR MOBILITY was selected by Tanzania's Auric Air Services to upgrade 12 Cessna Grand Caravans with its electrified powertrain technology upon certification. It says it now holds 13% of Cessna Caravan market in Africa.

AAR posted $14m net income for third quarter ended Feb 29 (vs $21.8m a year ago) on record $567m sales, up 9% vs a year ago; commercial sales rose 18% from a year ago and accounted for 70% of company total vs 65% a year ago.