Ukrainian aerospace group Motor Sich struggles to find new partners in the West after losing Russia as its biggest client and facing obstacles in China. Ukraine’s renowned aerospace conglomerate, Motor Sich, is facing significant challenges as it seeks to expand its operations and forge partnerships in the West. The company’s efforts to woo potential partners…
The aerospace company secures critical components for Dragon spacecraft parachutes In a strategic move to protect its supply chains and ensure the continued success of its missions, SpaceX has acquired Pioneer Aerospace, a company known for its expertise in developing parachutes for space and other applications. The acquisition comes after Pioneer Aerospace filed for bankruptcy,…
In an interview with CNBC, GE Aerospace CEO Larry Culp discusses the current state of the aerospace industry and the challenges and opportunities it presents. The aerospace industry has been hit hard by the COVID-19 pandemic, with travel restrictions and reduced demand for air travel affecting both new aircraft production and the commercial aerospace aftermarket….
Ukraine’s Motor Sich faces obstacles in expanding its operations and finding new partners in the West as it seeks to overcome corruption concerns and the loss of its biggest client, Russia. Motor Sich, a prominent Ukrainian aerospace conglomerate, is grappling with the aftermath of losing Russia as its primary client and the blockage of a…
In an interview with CNBC, GE Aerospace CEO Larry Culp discusses the current state of the aerospace industry and the opportunities it presents. The aerospace industry has faced significant challenges in recent years, with the COVID-19 pandemic causing a sharp decline in air travel and a subsequent decrease in demand for new aircraft. However, according…
Expansion of Maintenance, Repair, and Overhaul Services Signals Growth in Dayton Sierra Nevada Corp., a renowned aerospace company, is set to construct a second hangar at the Dayton International Airport. This move comes as part of the company’s bid for major projects that could lead to a significant expansion in the region. With the first…
After more than 50 years of operation, the airplane maintenance company, Stevens Aerospace and Defense System, has abruptly announced its closure, leaving employees in Dayton, Ohio, devastated and uncertain about their future. In a surprising turn of events, Stevens Aerospace and Defense System, a long-standing airplane maintenance company based at the Dayton International Airport, has…
Tamarack Aerospace’s Smartwing technology receives recognition for record-setting flights in a modified Beechcraft King Air 350. Tamarack Aerospace, a leading aerospace company, has recently been honored by the National Aeronautic Association (NAA) and the European Federation Aeronautique International (FAI) for its groundbreaking Smartwing technology. This innovative upgrade, which includes extending the wingspan, adding winglets, and…
Strong November for Startup Funding with Impressive Raises November proved to be a robust month for startup funding in the U.S., defying expectations of a slow period due to the holiday season. Several companies secured massive funding rounds, with some surpassing the $100 million mark. From e-cigarette maker Juul to space tech company Firefly Aerospace,…
Partnership aims to revolutionize calibration process for faster deployment of payloads Lockheed Martin and Firefly Aerospace have joined forces to launch a payload demonstrator that could significantly reduce the time it takes for spacecraft payloads to become operational. The collaboration centers around Lockheed Martin’s wideband Electronically Steerable Antenna (ESA), which aims to revolutionize the calibration…
The aviation maintenance company announces closure of local facility, impacting workers and raising questions about future prospects In a shocking turn of events, Stevens Aerospace, a prominent aviation maintenance company, has announced the closure of its local operation. The news has sent shockwaves through the community, leaving employees uncertain about their future and raising concerns…
GE Aerospace CEO Larry Culp discusses the current state of the aerospace industry and the challenges and opportunities it presents. In a recent interview with CNBC’s “Last Call,” GE Aerospace CEO Larry Culp shed light on the current state of the aerospace industry. Culp revealed that both the new build and commercial aerospace aftermarket sectors…
