Iris Automation continues its string of dealmaking, signing on as a partner with Australia’s Swoop Aero to offer beyond-visual-line-of-sight systems on the global advanced air mobility market.
A research project to improve the sustainability of airports by eliminating emissions and waste, led by Royal Schiphol Group, has been awarded €25 million ($29.5 million) in funding by the European Commission.
Boeing booked 17 widebody orders from unidentified customers among its 53 gross additions in August, including seven for 787-9s, providing a boost during a largely anemic time for long-haul passenger demand.
Emirates SkyCargo is launching a new technical solution for its customers that will enhance user experience and the efficiency of the booking process for cargo shipments.
Boeing has released its annual forecast for the commercial, defence and space aerospace market, reflecting signs of the industry’s recovery following the impacts of COVID-19.
The U.S. Export-Import Bank has renewed a guarantee supporting aircraft-engine sales while Reta Jo Lewis has been nominated to lead the export credit agency.
Thomas Huber will lead Mercury’s “1MPACT” strategic review announced last month during its fourth-quarter fiscal 2021 earnings release, when it acknowledged a slowdown in organic business growth.
Vertex Aerospace, a legacy L3 Technologies unit providing logistics, MRO and supply chain management, has bought up a number of business lines from Raytheon Technologies as it moves into the latter stages of post-merger divestitures.
The U.S. Transportation Department (DOT) has identified 313 aerospace businesses to be awarded $482.3 million in funding, with Spirit Aerosystems garnering the lion’s share at more than $70 million.