Supply Chain

Two years after forming from its predecessor companies, Super Tier 1 aerospace supplier and large defense prime Raytheon Technologies has opened a corporate ventures office to make small venture-capital-style investments.

The OEM says longer certification timelines are a new fact of life as development woes and fixed-price contracts force first-quarter losses.

The A&D supply chain is the longest lead-time and most complex supply chain of any industry. Aviation Week Network hosted PwC leaders to discuss the

Raytheon Technologies has shaved back its forecasted revenue for 2022, but the Super Tier 1 supplier reiterated the rest of its full-year profit guidance, illustrating how the wider Western aerospace and defense industry continues to encounter headwinds in its recovery from the COVID-19 pandemic, but not enough to derail momentum.

Bombardier has designated its Wichita site as its new U.S. headquarters, a key pillar in its strategy for growth in the U.S., the company announced at an event at the facilities.

Indonesian defense prime PT Pindad and Safran are discussing potential local assembly of the AASM air-to-ground modular weapon that will equip the Southeast Asian country’s future Dassault Rafale fleet.

Major European consulting firm AlixPartners has struck a strategic deal with Cypress International, a Washington, D.C.-based boutique adviser, as AlixPartners looks to increase U.S. federal and military-related council.

The U.S. must develop propulsion technologies that are not dependent on rare propellants subject to extreme price volatility.

$194 billion budget proposes deep divestments to free up funding for research and development.

Triumph Group, which will soon cap a yearslong consolidation and exit of most of its aerostructures work, on March 31 announced it will launch a new corporate identity and it has reshuffled its leadership ranks, including departures.

Highly engineered aerospace products provider Crane said March 30 that it will spin off its payment and merchandising technologies businesses into a separate, publicly traded corporation, in part to better focus on core aerospace and electronics end markets

U.S. prime defense technology provider L3Harris Technologies and Silicon Valley venture capital firm Shield Capital announced a partnership March 29 to invest in emerging defense and commercial technology startups.

The COVID-19 pandemic may be abating, but for suppliers such as Canada’s Magellan Aerospace the effects continue to hit home.

Leonardo has sold its U.S.-based Global Enterprise Solutions (GES) government satellite communications business to Luxembourg-based SES.

Many suppliers have found alternate sources of the metal, and OEMs have built up buffer inventory.

Flow-control products and services provider Circor has announced it is in talks for a possible sale of all or part of the company, and also that it rescinded its financial reports for 2019-20 due to its Pipeline Engineering business unit.

Pictures of the MIUS prototype fuselage in assembly at the company’s facility in Istanbul were published online by the company’s chief technology officer.

The war in Ukraine could push defense spending to grow annually as fast or faster than GDP for the balance of the 2020s.

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.

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.

A scale model of the Samoom platform was unveiled by Intra on the opening day of the World Defense Show on March 6 here in Riyadh.

In the first two months of 2022, the industry has reverberated with sudden departures or surprising leadership changes.

A fierce battle has erupted around the flight test center for Antonov aircraft company near Kyiv, with a Russian air assault fighting a brigade of Ukrainian national guard troops for control of the airport, Ukraine’s Ministry of the Interior says.

Indonesian airframer PT Dirgantara Indonesia (PTDI) plans to improve its aircraft assembly capabilities and is in “constant discussion” with Airbus on building C295 turboprops for export from Indonesia.

Airbus says it will continue to maintain a “strong position” in defense despite apparent pressures from European investors over the company’s environmental, social and governance credentials.