ESA is moving forward on preparing contracts under its European Launcher Challenge as it waits for the UK to decide on how to allocate its budgetary commitment.
David Lockwood, who has been Babcock CEO since September 2020, will be replaced at year's end by the head of the company’s nuclear business, Harry Holt.
The UK government is to provide up to £43 million ($58 million) in funding to support green aviation projects including the development of hydrogen-powered aircraft and research into avoiding contrails.
The UK’s main air traffic control provider, NATS, is pressing ahead with efforts to modernize air routes over Scotland, with the aim of increasing efficiencies.
The Spanish defense and aerospace electronics company says the acquisition will allow it to position itself in the growing uncrewed traffic management market and bolster its UK presence.
UK defense engineering firm Babcock has teamed with Estonia air defense startup Frankenburg Technologies to work on providing a maritime launch system.
Cambium Biomaterials, a California-based startup that manufactures advanced materials for aerospace and defense, raised $100 million in a funding round.