Aerospace

IS&S had $7m net profit on $47.2m sales for year ended Sept 30 vs $6m on $34.8m a year ago; it has $89.2m backlog.

FIRAN TECHNOLOGY GROUP completed acquisition of FLYHT AEROSPACE SOLUTIONS, Canada in deal valued at C$13.2m.

Just as Boom Supersonic's XB-1 flew its fastest test mission to date, funding challenges remain front and center.

Comac has wrapped up 2024 with 10 C919 deliveries to Chinese airlines, with China Southern Airlines receiving its third of the type on Dec. 18.

CURTISS-WRIGHT developed airborne high-speed Ethernet data recorder for flight test programs; it captures 180 TB of data for 3-hour recording time.

ARCHER AVIATION completed construction of its 400,000 sq ft eVTOL manufacturing facility at Covington Airport, GA; production is to start in early 2025 (two aircraft per month by end 2025) with goal reaching 650 per year by 2030.

NZAAS operates from six bases providing service across the North and South Island and in the South Pacific.

German startup Vaeridion has raised €14 million ($14.6 million) in a Series A round led by European climate investor World Fund.

Considering the myriad challenges associated with eVTOLs, several of the leading startups have announced plans to develop better-performing hybrid eVTOLs.

Activist investor Browning West has taken a 4.3% stake in Canadian training and simulation leader CAE as the latter is searching for a new CEO in 2025.

The investment comes as part of a transaction that will raise up to $180 million for Vertical.

Joby says it has completed initial testing under FAA Type Inspection Authorization (TIA), with agency personnel assessing human factors and flight safety in a type-conforming flight deck using a company simulator.

Safran has sold its North American electromechanical actuation businesses to Woodward as it seeks to address antitrust concerns related to a deal with RTX.

Pegasus Airlines has signed an agreement with Boeing for 200 Boeing 737-10 aircraft.

Archer has announced that construction of its high-rate manufacturing facility in Covington, Georgia, has been completed.

More union action is possible, but managers have their own playbooks, too.

Air-breathing systems for supersonic and hypersonic platforms edge closer to flight as scaled ground demonstrators and rig tests progress

Syria returns to the headlines after a bloody year of conflict between Israel and Iranian proxies.

China’s success as a defense exporter depends on its ability to convince customers that it is a power with which they want to be friends.

A perilous threat environment has prompted increased defense spending outside the U.S. and the construction of new multinational supply chains.

Europe’s air taxi startups have fallen behind their U.S. rivals, and the gap appears to be growing.

Major events in aerospace and defense during 2024.

Trump 2.0’s agenda will test the international bonds and boundaries that have shaped the aerospace industry.

Drones have been a cornerstone of Israeli military operations for decades, but with each round of fighting the Israel Defense Forces has adapted their use.

New orders are rolling in, buoyed by upticks in defense spending and increased demand from the public safety, air ambulance and energy sectors.