If parts of the industry are going back to square one or close to it with electric technology, Japanese newcomers may have opportunities.
Acknowledged as a drone industry pioneer, the Canadian company has gone public after taking a back seat to Chinese competitors.
Many small suppliers announced executive changes and overhauls in their latest quarterly reports. “It’s turned out to be a year of restructuring,” says one.
Aircraft propulsion is to be a core activity for the whole MHI group. The segment will rise in importance for KHI.
A look at how the World Trade Organization decisions and subsequent government moves will affect the aviation industry.
Virgin Galactic and the Italian Air Force signed a contract Oct. 2 to train and carry three Italians into suborbital space aboard SpaceShipTwo to conduct research experiments in flight as soon as next year.
Boeing is noting publicly that orders from China form a key element of its planning for future production totals and assembly rates, but there could be issues.
Boeing’s Q2 earnings will include a $4.9 billion after-tax charge to cover some actual and estimated future expenses linked to the 737 MAX grounding, while a reduced production rate is driving up 737 costs and lowering margins.
With a software-driven product focus, L3 Harris hopes to change the defense industry’s business model.
One of the first casualties of the merger of the communications and sensing companies will be L3’s headquarters in New York City, which will be consolidated with Harris’ existing facility in Melbourne, Florida.