Howmet Aerospace sees potential for growth as airframe and engine manufacturers shift their titanium supply chain sourcing away from Russia but will not alter its business strategy to chase market share, its top executive said.
The zero-emission propulsion startup Hydrogen is to locate manufacturing and distribution of its modular hydrogen capsules and assembly of regional-aircraft powertrain retrofit kits at the New Mexico facility.
Menlo Microsystems is targeting end-users in aerospace and defense, among other key markets, for a device that marries a mechanical relay and a semiconductor switch.
By Joe Anselmo, Jens Flottau, Daniel Williams, Ron Epstein
Bank of America’s Ron Epstein joins our experts to assess the industry’s reliance on Russian metals and whether lessors could lose hundreds of aircraft.
CPI Aerostructures CEO and President Douglas McCrosson is leaving, the embattled Tier 1-2 defense supplier announced March 9, and outside industry veteran Dorith Hakim has been hired as successor CEO.
Bombardier has suspended all activities with Russian clients, including all forms of technical assistance as the war in Ukraine continues, according to the Montreal-based OEM.
Spirit AeroSystems’ acquisition of the assets of Bombardier’s Short Brothers operation in Northern Ireland in 2020 has accelerated the company’s goal to diversify so it is less reliant on the commercial sector.
The aerospace and defense recovery after the pandemic is expected to continue, but the industry faces several headwinds and not everyone will benefit equally. Listen in to hear why Tier 2 in the supply chain warrants close scrutiny as a point of concern in coming years.
Aircraft Industries, the Czech manufacturer of the Let family of turboprop transport aircraft, says in an open letter that its ownership by Russian holding group Ural Mining Metallurgical Company (UGMK) “is likely to change a lot for us as a company, but we ourselves do not know what the consequences will be.”
GKN Aerospace has tested an advanced turbine rear structure (TRS) design which demonstrated a potential weight reduction of up to 14% compared to current commercial engine configurations.
Airbus Ventures, L3Harris Technologies and Heico have joined a group of venture capitalists to invest $60 million in CesiumAstro, a four-year-old active-phased-array startup, the companies announced March 2.