Aerospace

SAFRAN NACELLES acquired 3D METAL FORMING (3DMF), Netherlands, specializing in High Energy Hydro Forming (HEHF) of metal parts to help develop and produce parts for nacelles and engines, including nozzles and air inlet lips.

FAA has completed 6-week audit of BOEING and SPIRIT AEROSYSTEMS. It found multiple instances where companies allegedly failed to comply with manufacturing QC requirements and identified non-compliance issues in Boeing’s manufacturing process control, parts handling/storage and product control. Boeing has 90 days to outline action plan.

PRATT & WHITNEY was selected by Icelandair to supply GTFs for 35 A321neos on order; deal includes MRO program.

BOEING announced that it is in talks to acquire SPIRIT AEROSYSTEMS.

The FAA has granted a light-sport aircraft airworthiness exemption to Pipistrel’s two-seat, high-wing Velis Electro.

The acquisition is expected to close on April 1.

The funding from investors Breeze Invest and Konos Holdings boosts CycloTech toward its goal of raising €53 million this year.

U.S. startups Transcend Air and MagLev Aero are collaborating on the potential application of MagLev’s frictionless electric propulsor technology.

The AAM Stock Composite rose by around 1% during the week ending March 1, roughly matching the performance of the S&P 500.

Norwegian authorities have recovered the wreckage of a Sikorsky S-92 helicopter that crashed into the sea on Feb. 28, killing one and injuring five onboard.

Ampaire has acquired electric aero tow startup Magpie Aviation, part of its plan to branch out into new applications and expand its customer base.

Five initiatives that small and medium-size enterprises can take to improve their cash conversion cycle.

The rotorcraft-maker’s new president, David Smith, is already making an impact on the company.

Financial analysts and industry observers respond to the news that Spirit AeroSystems is mulling some kind of sale, including to Boeing and Airbus.

The startup is working hard to secure the necessary permits and approvals for its first two vertiport sites in its planned Rome network.

Volocopter has received an extension to its Production Organization Approval from Germany’s aviation authority.

RECARO was selected by Germany's Condor to provide seats for 41 A320s/A321s on order for delivery in 2024-2028.

GE set launch date of April 2, 2024 for GE VERNOVA and GE AEROSPACE.

Sora Aviation plans to develop a 30-passenger large tiltrotor eVTOL called the S-1.

The environment for mergers and acquisitions in the aerospace and defense sector is improving amid a decrease in the cost of capital, experts say.

An airline operator pre-working group will guide plans for the commercial blended wing body as subscale flight tests pave way for a multirole demonstrator.

Scrappy Houston startup Intuitive Machines puts the U.S. back on the surface of the Moon.

The JAXA Smart Lander for Investigating Moon set a standard Intuitive Machines hopes to meet with its Odysseus lunar lander soon.

With pandemic delays, production halts and divestitures over, the Schweizer 300C/CBi will “start growing.”

The country’s ministers, engineers and industry leaders have waited almost 14 years for the 13-min. first flight of the prototype Kaan on Feb. 21.