Aerospace

EP SYSTEMS, UT was selected by Elfly Group to supply battery for its all-electric seaplane now under development.

PAN AM FLIGHT ACADEMY, Miami qualified its L3Harris 737-8 full-flight simulator to Level D in preparation to begin pilot training from August 1.

CITIC PACIFIC SPECIAL STEEL, China received TPG program accreditation.

PRATT & WHITNEY earned $230m on $5.7b sales in 2Q23 vs $302m on $5b in 2Q22. It delivered 772 engines (191 large commercial; 74 military; and 507 PW&C) vs 698 (177 large commercial; 62 military; and 459 PW&C) a year ago and says it anticipates a significant portion of the PW1100G-JM fleet will require accelerated removals/inspections by mid-'24.

COLLINS AEROSPACE earned $821m on $5.9b sales in 2Q23 vs $546m on $5b in 2Q22; increase in sales was driven by 29% y-o-y increase in commercial aftermarket, a 14% increase in commercial OE, and a 5% increase in military.

GE AEROSPACE earned $1.5b on $7.9b revenues in 2Q23 vs $1.1b on $6.1b in 2Q22; it delivered 543 commercial engines (419 LEAPs) and 228 military engines vs 355 commercial engines (226 LEAPs) and 131 military a year ago.

IAG invested in NOVA PANGAEA TECHNOLOGIES, UK for SAF production.

IRIDIUM introduced Certus inflight connectivity service (uses L-band satellite frequencies) as complement to Ka/Ku band services for commercial aircraft pax cabin connectivity and as primary service for small-to-mid-size business jets.

SAFRAN agreed to acquire Collins Aerospace's actuation and flight control activities for cash based on $1.8b enterprise value; business has eight facilities in Europe (France/UK/Italy) and Asia and includes MRO and engineering capabilities.

The process will start with a surge of checks in the next few months.

Shares of RTX, formerly known as Raytheon Technologies, dove 14% per-share during regular trading July 25.

Airbus is gathering clearer ideas on airport needs, but funding has yet to grow.

The startup asserts that its radio-­frequency electric propulsion unit is easier to manufacture.

The startup plans to develop its largest space vehicle, the Helios.

Opener has unveiled an early access program for its Blackfly ultralight personal eVTOL to gain feedback from initial owners and prepare for commercial launch.

The sell-off came after a J.P. Morgan analyst downgraded Joby Aviation’s stock from neutral to underweight.

United says it is exploring options to move its Aviate pilot training academy to electric-powered aircraft and away from internal combustion.

Comac Times (Shanghai) Aviation has been set up to supply aerospace components and batteries as China looks to develop electrically powered aircraft.

Programs are adapting to prepare students to work the advanced air mobility industry as engineers, air traffic controllers, pilots and more.

Tunnel test for Nexus; FAA revamps light sport rules; hybrid-electric for eVTOLs; and SMA power for VerdeGo’s hybrid.

U.S.-led training highlights how air operations must change to prepare for a potential conflict in the region.

Japanese air taxi startup SkyDrive has announced a pair of new orders from customers in Vietnam and the U.S.

The move positions Safran for the design of more-electric control systems on the next generation of commercial aircraft.

The FAA has published an implementation plan for advanced air mobility, part of a proposed public-private initiative called Innovate28 (I28).

Amazon is preparing to launch prototype satellites for its Kuiper constellation this year before full deployment begins in 2024.