Aerospace

U.S. startup Elroy Air has unveiled the first preproduction prototype of its Chaparral autonomous cargo aircraft, revealing a revised design for the hybrid electric vertical takeoff and landing vehicle.

Elroy unveils preproduction Chaparral unmanned cargo aircraft and an order commitment from Mesa Airlines.

Embraer has successfully completed the reintegration of its commercial aviation business’ main information technology systems and processes.

Airbus Helicopters logged 419 gross orders in 2021, including from Saudi Arabia and Qatar, showing strong signs of recovery from the 2020 market situation.

Kuwait’s ALAFCO leasing company has started 2022 with a bang. Having announced losses in 2021 having delivered just nine aircraft it has revealed two new deals

Focusing on quality and logistics key to turnaround executed during pandemic.

CRANE AEROSPACE & ELECTRONICS earned $110m on $638m sales in 2021 vs $100.7m on $651m in 2020.

MACOM, MA achieved AS9100D certification for quality management.

JAUNT has Flapper Tecnologia order for up to 25 Journey eVTOL aircraft to develop on-demand Urban Air Mobility (UAM) fleet in Latin American.

The European Commission plans to establish a space investment fund to support startups.

SCIAKY, IL was selected by Turkish Aerospace Industries (TAI) to supply (world's largest) customized 300 Series metal electron beam DED 3D printer.

SIEMENS has Lockheed Martin Aeronautics contract to provide Xcelerator software/services to support its digital transformation in engineering.

COLLINS AEROSPACE earned $1.8b on $18.4b sales in 2021 vs $1.5b on $19.3b in 2020.