Airbus and Spanish shipbuilder Navantia have agreed to explore the navalization of the Sirtap UAS, potentially enabling it to operate from Juan Carlos I.
President Donald Trump’s State Department has announced that the U.S. export control system authorized a whopping $318 billion in foreign arms sales in 2024.
Textron Aviation received its first international sale of seven Beechcraft King Air 260 military multi-engine training aircraft from SkyAlyne and KF Aerospace.
Preliminary contracts have been signed for the transfer of assets of Italy’s Piaggio Aerospace to Turkey’s Baykar, ahead of the deal closing this spring.
While the levels of growth are far from spectacular, the increase nonetheless keeps Saudi Arabia's defense budget rising following an extended period of cuts.
AMMROC has signed an MoU with Marshall to collaborate in identifying synergies, expanding market reach, and enhancing service capabilities for both military and commercial aviation.
Dubbed Balman, the balloon may be used to watch a given area, thanks to its station-keeping capability, at a lower cost than a geostationary satellite.
BAE Systems Australia discreetly began flight trials of its Razer Low-Cost Precision Guided Munition (LCPGM) back in December 2023, the company has revealed.
Hexcel posted revenue of $474 million in the December quarter, up 4% year-on-year, while earnings per share of $0.52 just edged out Wall Street’s expectations.
The company on Jan. 23 announced its preliminary earnings for the fourth quarter of 2024, with total revenues of $5.4 billion and an operating margin of 41.9%.
The aerospace industry must ensure security of its “crown jewels” through collaboration, investment in education and a comprehensive cybersecurity game plan.
“No, we are not at war—not yet. But we need to prepare ... there is nothing that cannot be weaponized against us today,” High Representative Kaja Kallas says.