A flat fiscal 2026 budget request combined with a $113 billion reconciliation offers a game-changing opportunity for nontraditional defense contractors.
EMBRAER delivered 19 commercial jets (nine E1-Jets/10 E2-Jets) in 2Q25 vs 19 (eight E1-Jets/11 E2-Jets) in 2Q24; and 26 (13 E1-Jets/13 E2-Jets) in 1H25 vs 26 (11 21 E1-Jets/15 E2-Jets) in 2H24. It plans 77-85 deliveries in CY25.
ARCHER completed initial flight of its Midnight aircraft at Al Bateen Executive Airport in Abu Dhabi in support of its Launch Edition commercialization program with ABU DHABI AVIATION to establish air taxi services in the city.
XTI AEROSPACE and MAGLEV AERO, Boston signed MOU to evaluate integration of MagLev's proprietary MagLev HyperDrive magnetically levitated electric propulsion technology into XTI's future hybrid-electric aircraft architectures, including the TriFan and UAVs; deal includes non-binding pre-order for up to 100 MagLev HyperDrive propulsion systems.
If you read between the lines of reports coming out of Le Bourget, the mandate to genuinely improve production quality and capacity via new technology is clear.
The General Civil Aviation Authority (GCAA) has issued the world’s first regulatory framework for hybrid operations, enabling both electric Vertical Take-Off and Landing aircraft (eVTOLs) and conventional helicopters to operate interchangeably on the same infrastructure.
Jesus “Jay” Malave, a well-known chief financial officer (CFO) across the aerospace and defense sector, will become Boeing's next financial leader Aug. 15.