Aerospace

LEONARDO agreed to acquire a 25.1% stake in HENSOLDT, Germany (sensor solutions) from KKR for €606m.

ALINDA CAPITAL PARTNERS has acquired ACL AIRSHOP, SC (ULD logistics solutions).

Greg Hayes, Chief Executive Officer of Raytheon Technologies, was also named Chairman (effective June 1).

AIR BP was selected by Michelin Air Services to supply sustainable aviation fuel (SAF) at Clermont Ferrand Auvergne Airport, France.

GREENBRIAR EQUITY GROUP acquired PCX AEROSYSTEMS, CT (flight critical assemblies) in transaction concurrent with completion of the previously

The Global 7500 looks promising, but a merger or acquisition of the storied Canadian aircraft builder cannot be ruled out.

As new materials and fuel technology advance, NASA gets serious again about nuclear space propulsion for missions to Mars and beyond.

Bye’s electric twin; In-orbit debris monitoring; New LEO use; Decarbonizing Europe’s skies; and Furanics for SAF.

Airbus’ aerostructures production is a core part of its setup—a chance to take more work in-house—but pressure on suppliers is mounting.

Europe’s civil aeronautical industry is beginning to express impatience about the launch of the Partnership on Clean Aviation, a follow-on program to the ongoing Clean Sky 2 research and technology project for greener air transport.

Through targeted technology investments, regional air mobility can offer early benefits for communities, industry and investors, a new NASA white paper has concluded.

JETBLUE TECHNOLOGY VENTURES has invested in UNIVERSAL HYDROGEN, CA to accelerate development of its hydrogen logistics network and conversion kits to

SUPPLY TECHNOLOGIES (ParkOhio) acquired NYK COMPONENT SOLUTIONS, UK (distributor of circular connectors).

AVCORP INDUSTRIES is forecasting EBITDA of C$20m on C$24m revenues (46% commercial/54% defense) for 1Q21 with order backlog of $393m (83% commercial

HONEYWELL AEROSPACE earned $762m on $2.6b sales in 1Q21 vs $937m on $3.3b in 1Q20 and $838m on $3.3b in 1Q19.

AEROPARTS NOW and THE 145 formed strategic partnership to integrate their respective parts e-commerce platforms.

JetHQ, a provider of global aircraft transaction, brokerage and consulting services, has expanded its footprint in Africa.

A four-year research project to develop a cheaper method of producing sustainable aviation fuel from agricultural and forestry residues has kicked off in Europe.

Zero-emissions propulsion startup Universal Hydrogen has raised $20.5 million in Series A funding from investors including the venture arms of Airbus, JetBlue Airways and Toyota.

“This is the first powered flight on another planet. Let that blow your mind for a minute.”

AWIN is forecasting delivery in North America of about 300 new commercial aircraft per year in 2021-2025.

Satellite manufacturer Airbus Defense and Space has committed to one launch and an undisclosed number of optional launches with Isar Aerospace’s Spectrum micro-launcher.

Space situational awareness startup LeoLabs has declared its fourth space radar site fully operational in Costa Rica.

KAMAN AEROSPACE completed first flight of unmanned K-MAX TITAN heavy lift helicopter; aircraft can lift up to 6,000 lb.

OMAN AIR signed MoUs with Sultanate of Oman Pavilion Commission and Taiseer Platform to support small to medium enterprises (SMEs) through increased