Aerospace

A look at three models private equity groups could use to refashion aerospace and defense for the next supercycle.

NASA study seeks to improve air-to-ground connectivity for commercial aviation.

Partnered with six of biggest names in advanced air mobility, helicopter operator Bristow Group wants to be an early AAM adopter.

TRIMAS AEROSPACE earned $4.6m on $92m sales (21% of TriMas total) in 1H22 vs $6.6m on $89m in 1H21.

PLATAINE, MA introduced HoneycombOptimzer for efficient cut plans.

HEICO agreed to acquire EXXELIA INTERNATIONAL, France (electronic components) from IK Partners for €453m.

HONEYWELL AEROSPACE earned $767m on $2.9b sales in 2Q22 vs $710m on $2.8b in 2Q21.

The startup is working to certify an autonomous flight capability for the Cessna 208B Caravan.

VerdeGo, a firm specializing in hybrid-electric propulsion for aircraft, has announced a $12 million Series A round led by RTX Ventures (Raytheon

Industry consolidation in space comms heats up, with Eutelsat capturing OneWeb as Viasat closes in on Inmarsat.

The FAA and industry have committed to phasing out leaded aviation fuel by 2030.

Fundamental challenges below the surface of the engine-makers’ business model could lead to restructuring.

AIRBUS says A320 production is progressing towards a rate of 75 aircraft per month in 2025, but given the current supply chain challenges, it is

AIRBUS had €682m net profit on €12.8b revenues in 2Q22 vs €1.9b on €14.2b in 2Q21; Commercial Aircraft earned €1.2b on €9b vs €2b on €10.5b, and says

BOEING says its inability to acquire LEAPs is keeping it from increasing 737 MAX production from 31 to 38 per month.

TEXAS AEROSPACE TECHNOLOGIES was selected by Italy's D.Marchiori to support sale of its precision aircraft ground testing equipment in the Americas.

RAYTHEON TECHNOLOGIES agreed to invest in VERDEGO AERO to accelerate development of hybrid-electric propulsion technologies and provide opportunities

MTU AERO ENGINES had €54m net income on €1b revenues in 2Q22 vs €66m on €1.3b in 2Q21, and ended quarter with order backlog of €24.6b, up 10% from

Nathalie Tarnaud Laude to Chief Executive Officer of ATR, Toulouse.

UNIVERSAL AVIONICS was selected by Everts Air Cargo to supply new flight displays, SBAS-FMS with LPV, GPS and UniLink communication management systems

BOEING had $160m net profit on $16.7b revenues in 2Q22 vs $567m on $17b in 2Q21; BCA lost $242m on $6.2b vs $472m loss on $6b and is now producing 31

HONEYWELL AEROSPACE was selected by Archer Aviation to supply flight control actuation (for 12 tilt 6 configuration) and thermal management (for cabin

Robert Kopersiewich to Vice President-Engineering of CMC Electronics, Canada.

Nathalie Tarnaud Laude will succeed Stefano Bortoli as the CEO of ATR effective Sept. 17.

Tailwind Technologies, the parent company of Hartzell Propeller, Hartzell Engine Tech and Hartzell Aerospace Welding, has formed Hartzell Aviation to combine the three brands under one umbrella, the company announced at EAA AirVenture Oshkosh.