Embattled TransDigm Group will sell its recently acquired Schroth Safety Products seat belt provider to the business unit’s own management and a private equity investor.
The Korea Aerospace Industries LCH-LAH civil and military helo is on track for prototype assembly in 2018 after the conclusion of the critical design review.
The owners of Piaggio Aerospace are investing $302 million in order to stabilize the business and complete the development of the P.1HH Hammerhead UAS.
High-energy laser tech has matured, with development shifting to tackling challenges of integrating electric lasers onto combat platforms and deploying them.
From the North Korean missile threat to Russian murky cyber campaigns and Chinese technical prowess, the Pentagon aims to adapt while retaining its advantages.
The No. 1 and No. 3 makers of large commercial aircraft, Boeing and Embraer, are in talks to formally align, although the Brazilian government appears to be the main hurdle, the companies and financial analysts said Dec. 21. The basis of any combination remains “under discussion,” the companies said in a joint statement, and it would have to be approved by the Brazilian government and regulators, the two companies’ boards and Embraer’s shareholders.
Although the new stealth fighter is not yet ready to move to full-rate production, the Pentagon’s number two civilian is pressuring Lockheed Martin to drive efficiencies into the supply chain now.
A Japanese decision to acquire two U.S. Aegis Ashore systems will offer national coverage against North Korean ballistic missiles but not until 2022–23.
In this week’s roundup, Embraer declares KC-390 airlifter is ready for initial operations, Lockheed wins contract to develop networked cruise missiles, Myanmar receives Russian training aircraft, and Poland seeks F-16 support.