Press Releases

Honeywell today published its 33rd annual Global Business Aviation Outlook, which provides unique insights into current industry trends as well as longer-cycle developments and is informed by extensive surveys of business aviation operators across the globe. Based on survey results, Honeywell forecasts up to 8,500 new business jets worth $280 billion will be delivered over the next decade, an increase in value from last year’s forecast. However, the five-year new jet purchase

Axon, the global leader in public safety technologies, today announced that the Campbell Police Department in California received a groundbreaking waiver from the Federal Aviation Administration (FAA) for beyond visual line of sight (BVLOS) operations as part of its Drone as a First Responder (DFR) program. This approval is the first of its kind to include nighttime operations and allows Campbell Police Department to fly missions using Dedrone by Axon's cutting-edge DedroneBeyond technolo

The International Space Station (ISS) National Laboratory and NASA will host a webinar to discuss upcoming research and technology development projects launching on SpaceX's 31st Commercial Resupply Services (CRS) mission for NASA to the orbiting outpost. This webinar will showcase how research on the space station is enabling innovation, benefiting humanity, and driving a sustainable market economy in low Earth orbit. The webinar is scheduled to take place Wednesday, October 23

BWX Technologies, Inc. is pleased to announce that Hanford Tank Waste Operations & Closure, LLC (H2C) has been approved by the U.S. Department of Energy (DOE) to begin the Hanford Integrated Tank Disposition Contract (ITDC). After being previously approved to work on pre-transition activities, the DOE has issued H2C a notice to proceed, effective October 21, 2024. Earlier in 2024, the DOE announced that the contract had been awarded to H2C, which is a joint venture led by a BWXT

Skyservice Business Aviation is pleased to announce it will develop a Supplemental Type Certificate (STC) to implement Gogo Galileo HDX on Gulfstream G280 aircraft, ensuring operators have access to the latest high-speed in-flight internet solutions and positioning the Company as a leader in advancing connectivity for business aviation. "At Skyservice, we are committed to staying ahead of the curve when it comes to supporting the latest advancements in business aviation,"

Jacobs was chosen by the airport's operator, Aerostar Airport Holdings, LLC, to participate in a selected group, to provide  architecture and engineering consulting services in support of capital improvements at Luis Muñoz Marín International Airport (SJU) in San Juan, Puerto Rico. The capital improvement program addresses  infrastructure improvements, increasing passenger and aircraft traffic demand, and mitigates future climate change impacts. At SJU, J

BAE Systems has entered into a teaming agreement with Kongsberg Defence and Aerospace to bring Integrated Combat Solution (ICS) to the U.S. defense market. The transformational battlefield situational awareness tool for combat vehicles will provide the Warfighter with the capability to link and share video streams, metadata, target information, slew-to-cue commands, and much more, reducing the typical threat response speed from minutes to seconds. Together, with Kongsberg developing

Sierra Space, a leading commercial space company and defense tech prime that is Building a Platform in Space to Benefit Life on Earth®, announced today a NASA contract to develop a Trash Compaction and Processing System (TCPS) and test it aboard the International Space Station in late-2026. The technology may be critical for the success of future space exploration and is being developed to handle waste management, stowage, and water reclamation for long-duration missions, includ

IFS, the leading enterprise cloud and industrial AI software provider, today announced that Rolls-Royce’s Power Systems division, with its mtu brand, has chosen to implement IFS Cloud to optimize its global service operations and support its strategic objectives of efficiency, sustainability, and growth. As part of the transition of Power Systems to a solution-provider approach, the division, which has a workforce of over 10,000 employees, sought an innovative solution to boos

Leonardo and Rheinmetall have decided to establish a joint venture aiming at forming a new European nucleus for the development and production of military combat vehicles in Europe. The companies had already signed a corresponding Memorandum of Understanding (MoU) in Rome at the beginning of July 2024. Rheinmetall AG and Leonardo S.p.A. will be equal shareholders (50% each) in the new company Leonardo Rheinmetall Military Vehicles (LRMV), which will have its legal headquarters in Ro

V2X, Inc. a leading provider of global mission solutions, will report third quarter 2024 financial results on Monday, November 4, 2024, after market close. Senior management will conduct a conference call at 4:30 p.m. ET that same day. U.S.-based participants may dial in to the conference call at 877-506-6380, while international participants may dial 412-542-4198. A live webcast of the conference call as well as an accompanying slide presentation will be available at https://app.we

KBR announced today it has been awarded an engineering and procurement services contract for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project. Under the terms of the contract, KBR will provide engineering and procurement services for Shell's Manatee project located in the East Coast Marine Area of Trinidad and Tobago. The Manatee gas field supports global energy security and natural gas production, providing gas for the country's Atlantic

Leidos, a Fortune 500 innovation leader, announced AirShield™, the new name for its latest solution for counter-unmanned aerial system (C-UAS) missions.  The next step in the evolution of the system's architecture will include expanded capabilities featuring both kinetic and non-kinetic effectors.  The reintroduction comes amid the company's desire to highlight how its successfully tested technology stands out from other options already on the market. AirShie

The Boeing Company announced today it will recognize impacts to its financial results related to charges for certain programs across the Commercial Airplanes and Defense, Space & Security segments and the IAM work stoppage when it reports third quarter results on October 23. The company expects to report third quarter revenue of $17.8 billion, GAAP loss per share of ($9.97), and operating cash flow of ($1.3) billion. Cash and investments in marketable securities totaled $10.5 billion at t

Leonardo DRS, Inc. and BlueHalo announced today the successful live-fire demonstration of a new Counter Unmanned Aircraft System (C-UAS) Directed Energy (DE) Stryker designed to defeat Group 1-3 UAS with multiple kinetic and non-kinetic defeat technologies. During last month’s demonstration for U.S. Army officials in Socorro, N.M., the mobile C-UAS capability successfully destroyed numerous drones using BlueHalo’s 26kW LOCUST Laser Weapon System. Additionally, the demons