The U.S. Dept. of Defense awarded nearly $500 million for a third year of production for two JAGM and Hellfire weapons systems, for the U.S. Army, U.S. Navy, and up to 30 foreign...
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...
Boeing intends to acquire the airframe supplier that is critical to its 737 MAX and 787 Dreamliner programs, but some of Spirit Aero’s operations are more important to Airbus....
The No.2 U.S. automaker is delaying delivery of some EVs and emphasizing more gas-powered hybrid vehicles, while developing a new platform of more affordable electric vehicles...
General Motors’ Mary Barra is indicating that consumers’ hesitancy to make the switch to battery-electric vehicles may be addressed with plug-in hybrid options.
Despite the impact on revenues, the aircraft builder has cut its 737 MAX assembly rate as it reviews its processes and performance – and works to regain the market’s trust.
As it prepares to fulfill an extensive backlog of orders for commercial aircraft engines, GE Aerospace has outlined a further $70 million for new equipment and upgrades at multiple...
The automaker continues to raise its equity position in the eVTOL developer as it moves toward the start of production for the battery-powered shuttle aircraft.