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Lockheed Martin
News

Lockheed Renewed for Air-to-Ground Missiles

April 2, 2024
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...
Spirit AeroSystems
News

Boeing, Airbus Aim to Split Spirit

April 8, 2024
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....
Ford / Rudolph Libbe Group
News

Ford Building Toward Hybrids

April 5, 2024
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
News

GM Still Set on EV Transition

April 4, 2024
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.
A. Posey/U.S. Air Force
News

F35 Draws $95.9M for Infrastructure

April 1, 2024
The U.S. Dept. of Defense granted new funds to its largest defense program to cover ongoing costs for engineering, maintenance, logistics, manpower, and materials for F-35 research...
Stellantis
News

Stellantis Backs California Emissions Targets

March 21, 2024
The automaker pledged to support the state’s aggressive agenda for cutting carbon emissions and will work to promote demand for EVs.
CFM International
News

GE Expands CapEx Plans to Europe

March 20, 2024
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...
Archer Aviation
News

Stellantis Raises Stake in Archer Aviation

March 19, 2024
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.
Lockheed Martin
News

F-35 Certified for Full Rate Production

March 18, 2024
New designation indicates the Pentagon is satisfied with the Stealth fighter jet’s performance and reliability, and that manufacturers have proven the reliability of their process...