StandardAero announced the launch of its initial public offering (IPO) process on Sept. 23, seeking to raise $1.1 billion at a valuation of up to $7.5 billion.
General Atomics AeroTec Systems has begun final assembly of the first wing for the Do228 NXT, four years after acquiring the program from Switzerland’s RUAG.
The Italian Navy is studying the long-term concept of employing uncrewed aerial systems as a possible airborne early warning (AEW) platform for its aircraft carriers.
Increasingly, defense plans in Europe are converting to contracts for Lockheed Martin’s F-35 and Eurofighter’s Typhoon, giving industry executives on both sides of the Atlantic reason to be optimistic.
PT Dirgantara Indonesia (PTDI) sees itself focusing on special-mission conversions for its CN-235 turboprop transport aircraft, as it looks to keep it relevant in the international market.
Chinese company Zhongce Beifang Science and Technology is presenting a range of uncrewed aircraft systems (UAS) to Indonesia, including its LM-10 loitering munition.
A key element of the ROKAF's force strengthening is the commitment to deploying the its growing fighter fleet alongside attritable uncrewed aircraft that will serve as loyal wingmen and force multipliers.
Fractional operators led growth for hourly flown figures from June to August 2024, having surpassed its performance against the same period of 2023, according to Tracked Aircraft Utilization by the Aviation Week Intelligence Network.
Left out of the first round of the Collaborative Combat Aircraft program, Lockheed Martin is now looking at cheaper, less capable designs for the next round.