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.
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 aerospace industry must ensure security of its “crown jewels” through collaboration, investment in education and a comprehensive cybersecurity game plan.
South Korea's Defense Acquisition Program Administration unveiled the development plan and concept design for the Short-Range Air-to-Air Missile-II (SRAAM-II).
Saab is looking to expand production of its Sirius Compact passive EW system that has applications such as uncrewed aircraft and ground-based air-defense.
The MOD is asking industry for ideas to field a low-observable vessel for Ukraine that could be used to strike targets at a range of up to 100 km (62 mi.).
Major U.S. defense contractors are reportedly in talks with the owner of a large mine in Greenland to source critical minerals, Reuters said in a Jan. 9 report.
Saab says it will provide TactiCall communications system to the Australian MQ-28 Ghost Bat UAS being developed by Boeing, which has also drawn DOD interest.
As Beijing further weaponizes its control of essential aerospace commodities, the U.S. and its allies must explore slow and costly supplier diversification.
A lawsuit and battlefield images reveal radar availability problems in Russia’s helicopters—and the vulnerability of its aerospace industry to sanctions.
