Helicopter and fixed-wing aircraft lessor LCI has placed a firm order for 50 Beta Technologies Alia-250 electric vertical takeoff and landing vehicles with an option for another 75.
With modification of the Cessna 172 Skyhawk and 208 Caravan to autonomous operation already under its belt, Reliable Robotics has received an Air Force Research Laboratory contract to demonstrate autonomous capabilities on U.S. Air Force aircraft.
Design changes and component supply issues have pushed back the first flight of the certification prototype for Harbour Air Seaplanes’ conversion of the de Havilland Canada DHC-2 Beaver to electric propulsion.
Several venture capital firms and the related office at Lockheed Martin have teamed to invest $27 million in X-Bow Systems, an Albuquerque, New Mexico-based additive manufacturing startup targeting production of solid rocket energetics.
VoltAero’s Cassio 1 hybrid-electric testbed aircraft is anticipated to surpass 10,000 km of flight en route to the AERO Friedrichshafen general aviation trade show in Germany.
Raytheon Technologies has shaved back its forecasted revenue for 2022, but the Super Tier 1 supplier reiterated the rest of its full-year profit guidance, illustrating how the wider Western aerospace and defense industry continues to encounter headwinds in its recovery from the COVID-19 pandemic, but not enough to derail momentum.