U.S.-European startup Cosmic Aerospace has raised $4.5 million in seed financing to progress development of a 24-passenger all-electric regional aircraft.
The halls and meeting rooms on the second day of WDS were abuzz with product announcements, industrial collaborations, and order negotiations with all of these subjects covered extensively in the Day 3 edition of SHOW BUSINESS.
Saudi Arabia’s ability to assemble complex combat air platforms was demonstrated at WSD by the delivery of the last of 22 locally assembled BAE Systems Hawk Mk.165S.
Saudi Arabia’s economic power and geopolitical influence makes it a “core country” for Airbus Defence and Space, in the view of its chief executive, Michael Schoellhorn.
Saudi Arabia’s Ministry of Investment (MISA), the General Authority for Military Industries (GAMI) and global industrial giant Leonardo have signed an MoU.
Virgin Galactic is investigating the loss of a part of the mechanism connecting VSS Unity with the carrier aircraft VMS Eve during a commercial spaceflight.
RECARO was selected by Southwest to supply BL3710 economy class seats for new 737-8s from 2025; seat includes multi-adjustable headrest, ergonomically enhanced seat bottom, backrest with lumbar support and new armrest.
HONEYWELL is investing $84m to expand its manufacturing facility in Olathe, KS, which produces components for avionics, safety and flight control systems and radio frequency systems for TCAS, radar altimeters, and weather radar.
BOEING was reportedly notified by Spirit AeroSystems of problem with two rivet holes on 50 undelivered MAX fuselages (not a safety issue), which will require inspection and rework prior to delivery; some fuselage shipments are being held.