Military Lockheed 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…
Commercial FAA Requires Boeing 747-8, 777 Flight Manual Changes to Address 5G C-Band Radio Altimeter Interference The Federal Aviation Administration (FAA) issued a new airworthiness directive (AD) on Jan. 25 requiring airplane flight manual (AFM) changes for Boeing 747-8, 747-8F and 777 after determining that the radio altimeters…
Commercial FAA Clears More Altimeters From 5G C-Band Impact as Airlines Adjust Flight Operations The Federal Aviation Administration (FAA) on Thursday published a statement to allow an estimated 78 percent of the in-service U.S. commercial fleet to perform low-visibility landings at airports where wireless companies deployed…
Air Taxi Lockheed 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…
Military U.S. Air Force Makes New AFWERX Investment in Boom Supersonic Airliner Research Boom Supersonic, the Denver, Colorado-based aerospace company developing a supersonic airliner capable of flying at Mach 1.7, announced a new contract award from the U.S. Air Force on Tuesday valued at up…
Commercial Airbus, Boeing Report 2021 Commercial Aircraft Deliveries Airbus and Boeing reported their full-year 2021 commercial aircraft deliveries this week, with both of the manufacturers seeing increases over 2020 delivery activity. Both OEMs plan on providing more details in…
Embedded Avionics Aptiv Reaches New $4.3 Billion Agreement to Acquire Wind River Dublin, Ireland-based auto parts maker Aptiv announced a new agreement on Tuesday to acquire mission-critical software provider Wind River for $4.3 billion from TPG. Under the agreement, Wind River will become a…
Commercial FAA Identifies 50 U.S. Airports for New 5G Buffer Zones The FAA on Jan. 7 published a new list of the 50 U.S. airports that will have "buffer zones" around them once 5G C-band services come online later this month. Identification of…