Saab is ramping up staffing on a Swedish military project to devise future combat aircraft capabilities and expects to fly several UAS in the coming years, CEO Micael Johansson says.
Hayes has served as executive chairman of the board of directors since May 2024, when he handed over the CEO role to his chosen successor, Chris Calio.
President Trump has vowed to impose 25% tariffs on Canada and Mexico goods if they don't do more to stop the flow of fentanyl and illegal migrants into the U.S.
Japan’s Acquisition, Technology & Logistics Agency has placed an order for 17 Boeing/Kawasaki CH-47J/JA Blk. II aircraft for its air and ground forces.
The Bethesda, Maryland-based company reported a $1.3 billion reach-forward loss on a classified program within the Missiles & Fire Control (M&FC) business.
“This is not going to be a major restructuring of the Boeing Company,” Ortberg said Jan. 28 while discussing fourth-quarter and full-year 2024 financial results.
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).