Sikorsky has unveiled the configuration of the Hybrid-Electric Demonstrator (HEX), a fully autonomous prototype to be developed with GE Aerospace, at Heli-Expo.
ARCHER AVIATION announced its Midnight eVTOL is now in final phase of its certification program with about 80% of subsystems and components having been sourced, significantly de-risking its path to certification. It has $625m liquidity.
HEICO FLIGHT SUPPORT earned $136.1m on $619m sales in first quarter ended Jan 31 vs $83.6m on $371m a year ago; results reflect growth in commercial aerospace parts/services business and contribution from acquisition of WENCOR.
BOEING was found by a panel of safety experts in congressionally mandated report that its safety management problems stem from disconnect by senior management, inadequate and confusing implementation of culture, lack of employee and ODA leadership participation in SMS, and inadequate human factors, which have eroded due to a series of administrative decisions, including reorganization, decentralization, downsizing, and relocating headquarters out of the Seattle area.