HÉROUX-DEVTEK had C$38.3m net income on C$630m revenues for year ended March 31 vs C$13.8m on C$544m a year ago; Civil sales were up 42.6% to C$243.4m, mainly driven by increased deliveries for 777, Praetor and E2 programs.
The founder and CEO of Canadian hybrid-electric eVTOL startup Horizon Aircraft said he expects to make the first transition with a half-scale demo by midsummer.
The ESA has awarded The Exploration Company and Thales Alenia Space separate contracts to continue work to develop low-Earth-orbit cargo return services.
Embraer is to help in the development of aerospace ecosystem in Saudi Arabia, along with The Kingdom of Saudi Arabia’s National Industrial Development Center (NIDC), AHQ Group.