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.
It is déjà vu all over again for the aerospace world when it comes to Russia, Ukraine and titanium. So what should industry stakeholders take away from the conflict’s potential effects on aerospace’s prospects?
GKN Aerospace announced Feb. 10 that it will shut down its St. Louis manufacturing center in 2023, shuttering the home of one of the area’s largest manufacturing sites and a sizable supplier to nearby Boeing.
U.S. Army Materiel Command is ready to outline its broad plan to modernize the country’s organic industrial base—the system of depots, arsenals and ammunition plants that serve the military—to ensure the manufacturing support is ready for a crisis.
The U.S. Federal Trade Commission is suing to stop Lockheed Martin, the Pentagon’s leading contractor by annual sales, from taking over rocket and missile propulsion specialist Aerojet Rocketdyne.
Chairman Helmuth Ludwig explained the personnel changes stem from the board’s desire to “to unlock the potential of Circor and accelerate progress on our strategic priorities.”
OneWeb has said there are no plans to close its Merritt Island, Florida, factory, even though the company has disclosed its intention to build its next-generation satellites in the UK.