Narrow-moat-rated Crane CR posted solid second-quarter results, featuring a 30% year-over-year increase in adjusted operating profit from continuing operations, and raised its full-year outlook for the second time this year. The company delivered a 430-basis-point year-over-year adjusted operating margin expansion…
Thales Alenia Space will fine-tune plans to “harvest” solar energy in orbit, the European firm announced on Monday. Named Solaris, the project aims to provide Earth with energy from space-borne solar power plants. The idea emerged amid an EU push…
Amazon Plans Kuiper Satellite Processing Facility At Kennedy | Aviation Week Network Skip to main content Amazon has bought 77 heavy-lift launches to deploy its Kuiper satellite constellation. Credit: Amazon Amazon plans to build a satellite processing facility…
Lilium becomes the first dedicated Advanced Air Mobility (AAM) company to provide a member to serve on the SAE Aerospace Council Following the 2023 Paris Air Show at Le Bourget which saw a major focus on sustainability and new entrants…
Aerospace company CTS Engines will be located in Coral Springs. {CTS Engines}. By Sharon Aron Baron Osprey Logistics Park, a two-building industrial development in Coral Springs, has secured a pre-lease agreement with CTS Engines, a renowned global aerospace company. The…
ANKARA, Turkey — Turkey’s defense and aerospace industry exports have maintained their steady rise, posting a 37.5% increase in 2022, according to new industry figures. SASAD, an umbrella organization for Turkey’s defense and aerospace exporters, said that total exports in…
Collins Aerospace, an RTX subsidiary, has finished flight testing the MS-110 Multispectral Airborne Reconnaissance System on the F-16 aircraft. This milestone comes one year after the system’s first flight on an F-16 in June 2022 for an unnamed international customer, the…
UK-based company Pulsar Fusion has started to construct what it says is the largest practical nuclear fusion rocket engine ever built, and intends to fire it in 2027. According to Pulsar Fusion, which was founded in 2011 and is based…
Graphene technology development and commercialization company Zentek Ltd has recently been awarded a research and development contract to test their nano-pigment ZenARMOR for military grade, chromate-free, corrosion protection aerospace paint systems. Innovative Solutions Canada issued the contract, and in…
By David Carnevali and Mike Stone NEW YORK (Reuters) – Private equity firms Blackstone Inc and Veritas Capital Fund Management LLC are competing against large defense companies to acquire the aerospace business of Ball Corp, according to people familiar with…