The opening of a Boeing Research and Technology center in Nagoya heralds a new push by the OEM to focus on sustainable aviation technologies and innovation in the country.
The aerospace industry is about to face new constraints in raw material supply, due to geopolitical tensions and needs for emerging technologies, GIFAS said.
ROBINSON HELICOPTER acquired ASCENT AEROSYSTEMS, MA (coaxial helicopter drones) and says through deal, Ascent can now grow and scale by building UAVs at its vertically integrated manufacturing facility in Torrance, CA.
PRATT & WHITNEY earned $412m on $6.5b sales in 1Q24 vs $415m on $5.2b in 1Q23. It delivered 771 engines (232 large commercial; 496 P&WC; 43 military) in 1Q24 vs 708 (167 large commercial; 499 P&WC; 42 military) in 1Q23.
HARBOUR AIR signed LOI with magniX to purchase 50 magni650 electric engines for retrofit on its fleet of 45 aircraft, beginning with the De Havilland DHC-2 Beaver in 2026; the magni650s will also be used for third-party conversions.