MilitaryNorthrop Grumman Touts B-21 Benefit In First Quarter; Income, Sales Slip Northrop Grumman on Thursday posted first quarter results that included a boost from its ongoing development work on the Air Force’s B-21 next-generation stealth bomber. The $67 million benefit on the B-21…
MilitaryDART Aerospace Acquires Paravion Technology And Century Helicopters Canada’s DART Aerospace on Thursday said it has acquired Colorado-based Paravion Technology and its maintenance, repair and overhaul (MRO) service arm Century Helicopter, complementing its portfolio of products for original equipment manufacturers and the…
MilitaryLockheed Martin Finishes 2021 With Strong Fourth Quarter Lockheed Martin on Tuesday reported strong fourth quarter financial results, ending a challenging 2021 on a high note, although the company continues to project a drop in sales in 2022. Net income in…
Air TaxiLockheed Martin Invests In eSTOL Company Electra.aero Electra.aero, a relatively new company pursuing new aircraft solutions for the urban and regional air mobility markets, on Tuesday said that it has received a lead investment from Lockheed Martin for a…
MilitaryThales Acquires Moog’s Navigation Aids Business Thales on Monday closed its acquisition of a Moog business unit that designs, develops and manufactures ground and ship-based radio frequency navigation beacons and related antennas for commercial and military aircraft operators.…
MilitaryCommercial Aerospace, Defense Power Raytheon Technologies In Third Quarter Raytheon Technologies on Tuesday posted higher sales and net income in the third quarter driven by a rebound in the aftermarket business for commercial aircraft and strong results in its defense businesses,…
CommercialRaytheon Technologies To Acquire Flight Tracking Company FlightAware Raytheon Technologies on Monday said its Collins Aerospace segment has agreed to acquire FlightAware, which provides global flight tracking services and analytics to a range of customers including airlines, airports and government. Terms…
UnmannedNorthrop Grumman Demonstrates Optionally-Manned Firebird Aircraft In Maritime Environment Northrop Grumman recently completed a three-week, nearly 9,000-mile roadshow of its Firebird optionally-manned autonomous long-endurance aircraft across the U.S. that wrapped up with a maritime domain awareness demonstration of the system and a…