After a year of trying to fix ailing suppliers, GE Aerospace Chairman and CEO Larry Culp cautions against expectations of near-term relief amid some progress.
Robinson Helicopter Company has announced the launch of the R88, its much-anticipated new large rotorcraft and the company’s first major product-line refresh since the R66 turbine was revealed in 2007.
Pratt & Whitney is planning further development of rotating detonation engine (RDE) technology following “positive test results” from a series of ground tests.
UK-based Senior is in advanced talks to sell its loss-making aerostructures business so that it can solely focus on fluid conveyance and thermal management.
AerCap believes it is clear the industry continues to plan for a “lower for longer” supply environment reflected in increased lease rates and extensions.
Financial results for the leading aerospace companies for 2024 reveals RTX led the way for operating revenue with a reported turnover of $80.7 billion.
A key theme emerging from industry events and the latest earnings reports in the first two months of 2025 was how the supply chain is—finally—on the mend.
The aircraft-maker’s much-anticipated production rate increases on its key programs remain tied to quality improvement targets that appear to be in sight.
OEMs and suppliers in Germany should improve cooperation, as cash-strapped suppliers are having a hard time convincing banks to fund their investments.