Defense budgets are undergoing exceptional growth, spurred by Russia’s invasion of Ukraine, concerns over China’s global intent and the Israel-Gaza conflict.
Saudi Arabian defense companies have signed cooperation agreements with their Turkish counterparts during a visit by Defense Minister Khalid bin Salman Al Saud.
Thermal management specialist Intergalactic has unveiled a curved microtube configuration for next-gen propulsion systems and other aerospace applications.
Korea Aerospace Industries is working toward an agreement for the co-production of aircraft components in Peru as it eyes an FA-50 export deal to the country.
Despite strong demand for new commercial aircraft, supply chain woes are forcing Airbus to delay rate targets and may make it sell parts of the space business.
NASA and Boeing are moving the CST-100 Starliner Crew Flight Test mission return to Earth to enable further evaluation of the spacecraft's propulsion system.
Spacehab’s innovation and perseverance helped the company succeed against all odds and serve as a pathfinder for commercial space companies that have followed.
The private-equity owners of Belcan, an engineering services provider to several marquee aerospace and defense companies, have sold the company to Cognizant.
Patria and Pratt & Whitney have signed an agreement that paves the way for F135 engine production and sustainment in Finland to support Helsinki's future F-35 fleet.
Rome has given the greenlight to Safran's takeover of Microtecnica from RTX after concerns over the supply of components to defense programs were addressed.
Combined German 2023 defense industry sales have advanced 19% year-on-year to €10 billion ($11 billion), ahead of the 18% growth recorded by the civil sector.
RTX subsidiary Collins Aerospace has initiated a $200 million investment to expand manufacturing at a carbon brake production site in Spokane, Washington.
