A letter Howmet Aerospace sent to customers in early April showed how seriously the metal component supplier took U.S. President Donald Trump’s tariffs.
Iridium will expand work with a European partner to help navigate new tariffs that could dent operating earnings by between $3 million and $7 million this year.
The European Union wants to broaden the scope of some technology research funding efforts as part of its push to bolster the region’s defense industrial base.
Northrop Grumman lost an extra $477 million on early B-21 production, raising red ink on the first five annual lots of fixed-price contracts to over $2 billion.
Startup Beehive Industries is on track to start ground tests of its additively manufactured Frenzy engine next month, ahead of planned altitude tests with AFRL.
By Joe Anselmo, Michael Bruno, Matthew Fulco, Steve Trimble, Lindsay Bjerregaard, Lee Ann Shay, James Pozzi, Christine Boynton, Lori Ranson, Jens Flottau, Helen Massy-Beresford
The new Trump tariffs and trade wars could indelibly alter the global aerospace and defense industry.
The UK has launched a tech challenge to identify ways to track “government assets or representatives” if global navigation satellite systems are disrupted.
Hanwha Aerospace has agreed to produce the rockets for the K239 Chunmoo system in Poland after already agreeing to produce the launcher in the country.
