Press Releases

TAT Technologies Ltd. a leading provider of products and services to the commercial and military aerospace and ground defense industries, announced today that, following the approval of its Board of Directors, it has received and accepted commitments from Israeli institutional and accredited investors, to participate in a private placement (the "Private Placement") of Ordinary Shares of the Company. The Company is expected to issue and sell to the Investors an aggregate of

Today, United Airlines Aircraft Maintenance Technicians (AMTs) across the country rallied for a strong new contract from the carrier, demanding improved wages, higher safety standards, and more comprehensive health care coverage. Despite being home to more than 10,000 critical technicians that keep United's fleet operating safely, the major airline has slow-walked negotiations with the union, reaching tentative agreement on a single contract article after two rounds of collectiv

NASA will provide live coverage of the upcoming activities for Boeing's Starliner spacecraft departure from the International Space Station and return to Earth. The uncrewed spacecraft will depart from the orbiting laboratory for a landing at White Sands Space Harbor in New Mexico. Starliner is scheduled to autonomously undock from the space station at approximately 6:04 p.m. EDT Friday, Sept. 6, to begin the journey home, weather conditions permitting. NASA and Boeing ar

Allen Control Systems, a defense technology leader that has developed the only autonomous counter-drone robotic gun system with unparalleled precision, successfully completed numerous demonstrations of its Bullfrog system, including several successful multi-drone engagements at distance during the U.S. Department of Defense (DoD) Technology Readiness Experimentation 2024 (TREX 24-2). The event, which took place at Camp Atterbury, Indiana from August 19-26, is the premier platform for showcasi

Astronics Corporation, a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission-critical industries, announced that Peter J. Gundermann, Chairman, President and Chief Executive Officer, and David C. Burney, Executive Vice President and Chief Financial Officer, will present virtually at the Gabelli 30th Annual Aerospace & Defense Symposium on Thursday, September 5, 2024. The Astronics presentation is scheduled to begin at 10:30

Outpost Technologies Corporation, pioneering multi-ton Earth return to advance development of the space economy, announced that the company is selected to receive a $33.2 million, four-year Strategic Funding Increase (STRATFI) contract from the Air Force Ventures program (AFWERX) to develop and test a scalable heat shield, payload bus and paragliding system to develop a Joint Precision Orbital Cargo (J-POC) space vehicle to support hypersonic testing and reentry missions. The selection notice

Montage Partners, a people-first private equity firm headquartered in Scottsdale, Arizona, is pleased to announce its investment in Military Fasteners, a B2B eCommerce distributor of mil-spec fasteners primarily to customers in the aerospace and defense industry. Alongside incoming CEO David Ficadenti, Montage Partners is providing capital to further accelerate the Company's expansion. Founded in 2016, Military Fasteners is a disrupter in the aerospace and defense fastener indus

Leonardo DRS, Inc. announced today that it has received an order for continued production of its next-generation thermal weapon sights for the U.S. Army. The production order for $117 million was made under the current Family of Weapon Sights – Individual (FWS-I) IDIQ contract. Leveraging DRS’s uncooled thermal imaging technology, FWS-I is a stand-alone, clip-on weapon sight that connects wirelessly to helmet-mounted vision systems including the enhanced night vision gog

Impulse Space announced its selection by SpaceWERX, sponsored by U.S. Space Force (USSF) Space Systems Command’s (SSC) Space Safari Office, for a Strategic Funding Increase (STRATFI) award with the value of $60M between government funds, matching Small Business Innovation Research (SBIR) funds, and private funds. The work will focus on the company’s high-performance kick stage, Helios, to address pressing challenges in geosynchronous equatorial orbit (GEO) for the Department of th

Mitsubishi Heavy Industries, Ltd. (MHI) and Japan Airlines Co., Ltd. (JAL) have agreed to commence joint exploration of potential collaboration in the aircraft aftermarket business. The two companies have signed a memorandum on the matter. The aircraft aftermarket business includes services such as repairs, maintenance, parts supply, and refurbishment, which are essential for the maintenance and enhancement of aircraft's flight safety and operational efficiency. With t

Joby Aviation, Inc. a next-generation aviation company, today announced that it  demonstrated autonomous logistics aircraft operations in an evolving mission environment, in partnership with the U.S. Air Force during the ‘Agile Flag 24-3’ exercise. During the exercise, Joby’s team, which includes the autonomy division of Xwing acquired by Joby in June of this year, operated a fully autonomous Cessna 208B Grand Caravan for more than 3,900 miles of flight between mil

Firefly Aerospace, an end-to-end space transportation company, today announced Firefly's Blue Ghost lunar lander has arrived at NASA's Jet Propulsion Laboratory for environmental testing before the lander ships to Cape Canaveral for a Q4 2024 launch. As part of NASA's Commercial Lunar Payload Services (CLPS) initiative, Firefly's Blue Ghost Mission 1 lander is integrated with 10 scientific instruments and technology demonstrations that will help pave the way for humanity's

V2X, Inc. announces that it has been awarded a single award indefinite-delivery/indefinite-quantity contract valued at $747 million. The F-5 aircraft play a crucial role in training naval pilots by providing adversary combat tactics and simulation capabilities. This advanced training environment ensures that pilots are well-prepared for real-world scenarios, enhancing their combat readiness and proficiency. The use of F-5s in an aggressor-training role contributes significantly to the overall

Teledyne Brown Engineering, a subsidiary of Teledyne Technologies Incorporated, proudly announces the award of a $114 million Task Order under the Design, Development, Demonstration, and Integration (D3I) Domain 1 contract by the U.S. Army Space and Missile Defense Command. Under this contract, Teledyne Brown Engineering will spearhead the design, build, and launch of realistic-threat ballistic target missiles, crucial for use in testing advanced missile defense systems. The Tactica

NASA will return Boeing's Starliner to Earth without astronauts Butch Wilmore and Suni Williams aboard the spacecraft, the agency announced Saturday. The uncrewed return allows NASA and Boeing to continue gathering testing data on Starliner during its upcoming flight home, while also not accepting more risk than necessary for its crew. Wilmore and Williams, who flew to the International Space Station in June aboard NASA's Boeing Crew Flight Test, have been busy supporting station rese