Nedschroef buys CP Tech
With the acquisition, Nedschroef intends to further develop from a specialist manufacturer of fasteners to a high-end engineering company capable of engaging in the development of early-stage automotive projects working…
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Boeing HorizonX invests in SparkCognition
Boeing (NYSE: BA) is investing in SparkCognition, an Austin, Texas-based company focused on artificial intelligence and machine learning in the fields of information technology security and industrial operations, the company…
Heathrow, Travelex launch appointment service for VAT Refunds
Travelex has partnered with Heathrow to launch VAT Refund by Appointment, a new service for customers reclaiming their tax when leaving the UK. Customers flying from Heathrow Terminal 5 can…
Kellstrom Aerospace Group buys Vortex Aviation
Kellstrom Aerospace Group, Inc. has acquired Vortex Aviation, Inc., a specialist in worldwide AOG on-wing engine maintenance services and quick-turn engine repairs across all major commercial aircraft engine platforms, the…
Avolon to buy 75 Boeing 737 MAX Aircraft for USD 8.4bn
Avolon, the international aircraft leasing company, has signed a memorandum of understanding for 75 Boeing 737 MAX 8 aircraft, the company said. The MOU also includes an option for a…
Novaria Group buys Space-Lok
Novaria Group has acquired aerospace industry leader Space-Lok, Inc., which will now fall under Novaria Fastening Systems, the company´s collection of aerospace fastener suppliers to aerospace manufacturers across the country,…
Spirit AeroSystems to expand manufacturing facilities in Malaysia
Spirit AeroSystems (NYSE: SPR) plans to expand its manufacturing operations in Subang, Malaysia, to accommodate increasing volumes of assembly work on aerostructure components for commercial airliners, the company said.Spirit AeroSystems…
Elbit Systems getsUSD 20m contract to supply DIRCM systems for Gulfstream G650
Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) was awarded more than USD 20 million contract by an African-based customer to equip a VIP Gulfstream G650 aircraft with J-MUSIC Directed…
CDB Aviation Lease Finance inks MOU for 737 MAXs and 787 Dreamliners
CDB Aviation Lease Finance DAC, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited ("CDB Leasing"), has signed a Memorandum of Understanding with Boeing for 42…
Pilot Freight Services promote senior leadership
Pilot Freight Services, a worldwide provider of transportation and logistics services, has promoted Gordon Branov, a 20-year Pilot veteran, to chief executive officer, and John Hill to president after 23…
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