WIELAND GROUP, Germany has acquired Southern California-based TECHNI-CAST (centrifugal casting foundry) to complement its existing portfolio of extruded and cast products for aerospace, oil and gas and defense industries.
The Spanish defense and aerospace electronics company says the acquisition will allow it to position itself in the growing uncrewed traffic management market and bolster its UK presence.
Elroy Air and Barq Group have signed an agreement to establish a joint venture to produce the Chaparral hybrid-electric uncrewed cargo aircraft in Abu Dhabi.
Now backed by orders from AI companies for its Superpower industrial derivative, Boom Supersonic’s Symphony development gains momentum as core tests approach.
AAR had $34.6m net income on $795m sales for second quarter ended Nov 30 vs $30.6m loss on $686m a year ago. It secured $850m in airframe heavy maintenance contracts over several years in connection with HAECO Americas acquisition.
AVIATION WEEK NETWORK is projecting Boeing delivered 63 aircraft in December, reaching 600 (including 441 737 MAXs and 84 787s) in CY25 vs 348 in 2024. Boeing is expected to announce official order and delivery data on Jan 13.
TEXTRON SYSTEMS has 3-year, $41m purchase order from Pinnacle Solutions to develop/produce common fuselage structure for USAF T-7A pilot training program maintenance training system; work will be conducted at Goose Creek, SC.
WILLIS AVIATION CAPITAL (WAC) was established by WLFC in partnership with Blackstone Credit & Insurance and Liberty Mutual Investments to manage engine and aviation asset portfolios primarily funded by third-party capital.
GLOBAL ENGINE STANDS expanded into larger 50,000 sq ft facility in Miami for buying/selling/leasing, repairing, refurbishing, and storing engine stands.
