Press Releases

Magellan Aerospace Corporation announced today the signing of a Memorandum of Understanding with Aequs Private Limited to explore the development of a business plan for a jointly-owned engine MRO business in the Aequs Special Economic Zone, at Belagavi in Karnataka, India. India's aerospace sector has experienced growth over the past decade, driven by government initiatives including Make in India and UDAN Scheme, growth in the private sector, and increasing air traffic. Ai

Farnborough Air Show – Pratt & Whitney, an RTX  business, announced more than 950 GTF engine orders and commitments since the beginning of 2024. Airlines and lessors that have announced orders include Avolon, Breeze Airways, Cebu Pacific, Icelandair, JetSMART, Mexicana, SKY Airline, SMBC, and Vietjet. In total, more than 11,000 GTF engine orders and commitments have been placed by more than 90 customers worldwide. "These orders demonstrate continued customer conf

Airbus has announced a new partnership with aircraft lessor, Avolon, to study the potential of hydrogen-powered aircraft, marking the very first collaboration of the ZEROe Project with an operating lessor.  Announced at the Farnborough Airshow, Airbus and Avolon will investigate how future hydrogen-powered aircraft could be financed and commercialised, and how they might be supported by the leasing business model. Airbus is putting significant resources into exploring

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated today unveiled its UltraFORCE® 380-HDc imaging system at the Farnborough International Air Show. The new long-range airborne surveillance solution is not subject to International Traffic in Arms Regulations easing shipment and freedom of movement to customers outside the United States. The UltraFORCE 380-HDc delivers superior high-definition multi-spectral imaging in a compact, low-profile package. Full 1080p

OKSI has been awarded multiple contracts totaling nearly $6 million from USSOCOM and the Air Force Research Laboratory for their ARMGDN seeker. ARMGDN is a capability enhancement to BAE Systems' APKWS® laser-guidance kit, providing passive target acquisition and tracking for precision engagements. APKWS is a guidance kit for the 2.75 inch Hydra-70 rocket. Together, the APKWS with OKSI's ARMDGN seeker will facilitate rapid engagements of multiple air or ground targets via ripple fi

Terran Orbital Corporation a global leader in satellite-based solutions primarily serving the aerospace and defense industries today announced the launch of an at-the-market offering program which will allow the Company to offer its common stock, from time to time, in transactions that are deemed to be “at the market” offerings not to exceed an aggregate amount of $98,000,000. Notwithstanding the foregoing, pursuant to certain of the Company’s debt documents,

Raytheon UK, Defence Science and Technology Laboratory and Defence Equipment and Support  have successfully tested Raytheon's High-Energy Laser Weapon System  integrated onto a British Army combat vehicle, the first test of its kind in the UK. This ground-breaking test, conducted at Dstl's range in Porton Down, saw the laser weapon fired at full power whilst integrated onto a British Army Wolfhound armoured vehicle. The lightweight, portable HELWS is the first lase

BAE Systems' strategic partner Stellar Blu Solutions has completed qualification and earned supplemental type certification on the multi-orbit Sidewinder aero terminal using BAE Systems' Ku-band electronically scanned antenna The milestone enables the companies to begin mass production and installation of the antennas to support in-flight connectivity on commercial aircraft, business jets, and other military and government platforms. In March, the ESA completed its DO-1

After scaling back operations due to reduced demand and shrinking stock levels caused the US defense sector to lose over 40% of its value, these same manufacturers are now struggling to match renewed demand and hit the production accelerator pedal at full speed. Many of the challenges defense manufacturers are facing are external, but some are internal. Manufacturers are being held back by disparate internal manufacturing systems that they have never addressed, and inconsistent info

The three nations of the Global Combat Air Programme UK, Italy and Japan – have unveiled a new concept model of their next generation combat aircraft at Farnborough International Airshow. Exhibiting at the show together for the first time, the three GCAP government partners and their lead industry partners BAE Systems (UK), Leonardo (Italy) and Mitsubishi Heavy Industries (Japan) will showcase the significant strides they are making to progress the delivery of a truly next gen

Farnborough Air Show Collins Aerospace, an RTX business, today announced the European Union's Clean Aviation HECATE project has achieved Preliminary Design Review The HECATE consortium is comprised of multiple European aerospace industry partners, including Collins, Safran, Airbus Defence and Space, Leonardo and several universities. Collins, through its Applied Research & Technology organization and Power & Controls business, leads the project's steering committee, while

Festival season is in full swing in the United Kingdom, with Glastonbury, the Isle of Wight, and Reading all welcoming hundreds of thousands of rock fans this summer. It’s also something of a jubilee year for the country’s famous air shows, with the annual Royal International Air Tattoo taking place in Gloucestershire on the weekend of July 19–21, followed immediately by the biennial Farnborough International Airshow (FIA), July 22–16. If an air show can be compar

At Valiant Shield 24, Raytheon, an RTX business, demonstrated a simulated complex missile engagement leveraging the U.S. Army's Lower Tier Air and Missile Defense Sensor, or LTAMDS, and Integrated Air and Missile Defense Battle Command System, IBCS, launching the U.S. Navy's premier, long-range effector, Standard Missile-6 (SM-6). Using track data from Army LTAMDS simulators and operational SM-6 engagement control software interfaced with IBCS, the test demonstrated the succ

HawkEye 360 announces it has been selected by AFWERX for a SBIR Phase II contract, focused on the delivery of RFGeo® and RFIQ® data to address the most pressing challenges in the Department of the Air Force The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research and Small Business Technology Transfer process by accelerating the small business experience through faster proposal to award timelines, changing the pool of p

Maxar Intelligence, a provider of secure, precise geospatial intelligence, today released the first images from its next-generation WorldView Legion satellites, the first two of which were launched from Vandenberg Space Force Base, California, on May 2, 2024. The high-resolution, 30 cm-class images were collected on July 16, 2024, by one of Maxar’s WorldView Legion satellites on orbit and demonstrate the exceptional capabilities of this state-of-the-art technology. They includ