Freedonia expects expansion in drone market
Freedonia Group has anticipated easing of FAA regulations on drone operations could mean a rapid expansion in the commercial market over the next decade in both dollar and unit terms,…
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Embraer names new commercial aviation president
Embraer has named John Slattery as president and CEO for its commercial aviation business unit, effective as of July 2016, the company said. Since November 2012, Slattery has been the…
GOL reports 21% decrease in May air traffic
GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL) has reported a 21.3 percent decrease in the total volume of departures in the system, and a 21.2 percent decrease in the total…
Bombardier signs agreement with Quebec for US investment in C Series aircraft
Bombardier (TSX: BBD.A) (TSX: BBD.B) (OTCQX: BDRBF) has entered into a definitive agreement for a USD1.0 billion US investment by the Government of Quebec in a newly created limited partnership…
Astronics awarded EmPower contracts from 3 Asia airlines
Astronics Corporation (NASDAQ: ATRO) subsidiary EmPower has been selected by three major airlines in Asia for installations scheduled through the 2017 to 2021 timeframe, the company said. This system includes…
Cyclone Power signs agreement with Falck Schmidt Defense
Cyclone Power Technologies Inc. (OTC PINK: CYPW), developer of the all-fuel clean-tech Cyclone engine, has signed an exclusive engineering development agreement with Falck Schmidt Defense Systems of Denmark, the company…
Kratos awarded helicopter maintenance training systems contract
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) has been awarded a USD9.4 million contract in support of a major US ally for helicopter avionics training systems, including two Kratos-developed…
CH2M to provide civil design and design management services for DFW
CH2M has been selected by Dallas Fort Worth International Airport (DFW) for a five-year civil design and design management services on-call contract from aviation experts, the company said. DFW´s its…
Liberty Hall Capital acquires 4th aerospace supplier
J&M Machine, LLC, a machined metallic parts and assemblies company for the aerospace industry, has been acquired by Liberty Hall Capital Partners and will be integrated as the fourth supplier…
EDM invests BPS1.3m in manufacturing facility expansion
EDM has invested BPS1.3m to expand its Manchester, England-based manufacturing facility, the company said. The new 18,000 square feet structure is being built at EDM´s headquarters to meet the demands…
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