Business & GAL3Harris Closes $800 Million Sale Of Commercial Aviation Solutions Business L3Harris Technologies on Monday said it has completed the sale of its Commercial Aviation Solutions (CAS) business to the investment firm TJC L.P. for $800 million, shedding a non-core unit. L3Harris said…
Air TaxiArcher Raises $300 Million For Development Of eVTOL Manufacturing Capabilities Archer on Feb. 11 said it has raised $300 million from institutional investors that it will put toward development of advanced manufacturing—to include batteries and composites—related to its hybrid-propulsion vertical take-off-and-landing (eVTOL)…
AI & AutonomySkunk Works Partnership Demonstrates Airborne Battle Management With AI-Controlled Aircraft Lockheed Martin this year has been conducting flight-tests of artificial intelligence-controlled aircraft in air-to-air engagements, including a more recent demonstration where a human “battle manager” aboard a fighter jet trainer commanded AI-controlled…
AI & AutonomyHoneywell, Merlin Partner On Autonomous Flight Technology Honeywell, a supplier of avionics systems, and Merlin, a small company developing software for autonomous military aviation, have partnered to bring more autonomy to military and commercial aircraft. The initial focus of…
AI & AutonomyAnduril Adds To Autonomous UAS Portfolio With Bolt VTOL Family Maintaining a steady drumbeat of new product releases, Anduril Industries on Thursday unveiled its Bolt family of small, man-packable autonomous air vehicles that include surveillance and munition variants, which the Marine Corps…
Business & GABoeing Commercial Airplanes Workers On Strike After Union Members Reject Contract Offer - Sept. 13 More than 30,000 Boeing employees began a strike on Sept. 13 at the company’s Commercial Airplanes’ facilities in the Pacific Northwest after union members voted overwhelmingly last Thursday to reject the company’s…
MilitaryAuterion, ModalAI, Neros Selected To Prototype sUAS Solutions In Contested EMI Space The Defense Innovation Unit (DIU) on Wednesday said it has selected solutions from three companies to demonstrate and test commercial dual-use technologies in small drones to be able to operate in electromagnetically…
MilitaryDIU Solicits To Refresh Blue UAS Roster The Defense Innovation Unit (DIU) on Monday released a solicitation for an upcoming prize challenge for vendors to potentially have their unmanned aircraft systems (UAS) and related capabilities added to a list…