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Northrop Grumman
Joseph Fuller | Dreamstime

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Airbus
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Low-Cost Carrier Orders 30 Widebodies

May 7, 2024
As it prepares to extend its long-range international route network, IndiGo is adding 30 A350s in an order that could be worth more than $9 billion.
Toyota
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$1.4B More for New Toyota e-SUV

April 26, 2024
The Princeton, Ind., assembly plant will be the site of production for a three-row battery-electric SUV and a lithium-ion battery pack assembly line, with several hundred new ...
Jose Lledo | Dreamstime
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Lockheed to Update Aegis System

April 25, 2024
A new award calls for the defense giant to develop and integrate improvements to current configurations of the U.S. Navy’s surface-to-air anti-ballistic missile systems.
Iandewarphotography | Dreamstime
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Boeing is Supporting Spirit Aero Financially

April 24, 2024
The aircraft builder has advanced $425 million to its aerostructures supplier, and offering help to manage higher levels of inventory and reduced cash flows while 737 MAX production...
Boeing
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Boeing Compensates Airlines for Groundings

April 23, 2024
United Airlines and Alaska Airlines have made confidential settlements with the jet builder over financial damages incurred by loss of service and delayed deliveries of future...
Lockheed Martin
Maximilian Pogonii | Dreamstime
Pratt & Whitney
News

Pratt Expanding Jet Engine MRO

April 12, 2024
Two separate $20-million investments will expand capacity for GTF engine maintenance/repair/overhaul capabilities, and concentrate R&D expertise there for automation, connectivity...
Liujunrong | Dreamstime
News

Slower Demand Forecast for Steel

April 11, 2024
With inflation, financing costs, and other factors inhibiting recovery, the World Steel Association scaled back its outlook for 2024-2025 global steel demand.
Dmitry Kalinovsky | Dreamstime
Machining / Cutting

Machine Tool Orders Signal Growth

April 10, 2024
OEMs’ demand led over contract machining operations, resulting in a small rise in all capital equipment purchases, an increase that confirms signs of expansion in the manufacturing...
Airbus
News

Jet Services Market Growing

April 9, 2024
The North American aerospace sector is forecast for a 20-year expansion of 45%, according to Airbus, due to rising air-traffic volume and the requirements for more digitally-enabled...