KINETIC ENGINE SYSTEMS was formed by Arlington Capital Partners by merging Cadence Aerospace with newly acquired Numet, AeroCision and Walbar for manufacturing engine components, including housings, manifolds, airfoils, blades, vanes, seal segments, cases, rings and other mission-critical components, out of six facilities in US and Canada.
SURF AIR MOBILITY was selected by Africa's Safarilink and Yellow Wings Air Services to supply electric powertrains for their Cessna Caravans under partnership with Textron Aviation; systems are expected to be installed by 2027.
Crane has acquired Vian Enterprises, a supplier of aerospace oil lubrication systems including pumps, valves, fluid regulators and gerotors, for $103 million.
Arlington Capital Partners says it is consolidating and rebranding its businesses focused on manufacturing precision aerospace and defense engine components.
Atlanta-based high-speed system developer Hermeus has completed ground tests of its first fully integrated Quarterhorse “dynamic iron bird” evaluation vehicle.
Performance benefits of Unity upgrades that were proved last year will feed into Delta spaceship design as belt-tightening forces cuts in near-term flight rate.
SURF AIR MOBILITY entered into binding terms for $35.2m Mandatory Convertible Debenture with GEM; deal includes cancelling previously issued shares, restricting sales and redemption fights, and increasing drawdown capacity to $400m.
AIRBUS delivered first A321neo assembled at new (former A380) final assembly line at Toulouse to PEGASUS; delivery of aircraft, together with FALs in Hamburg, Mobile and Tianjin, starts ramp-up of A320 production to 75/month by 2026.
