Civil aerospace news and insights from Forecast International
In a significant move aimed at revitalizing the aerospace giant, Boeing’s Board of Directors has appointed Robert K. “Kelly” Ortberg as the company’s new president and chief executive officer. Effective …
Kelly Ortberg Takes the Helm at Boeing Read More
Airbus and Thales are reportedly exploring a merger of their satellite operations, according to the Financial Times and Reuters. This potential deal is seen as a pivotal moment for Europe’s …
Airbus and Thales Eye Satellite Merger Read More
Boeing announced a definitive agreement to acquire Spirit AeroSystems for $8.3 billion in a move that reverses a long-standing trend of outsourcing key manufacturing operations. This all-stock deal comes after …
Boeing Lands Spirit AeroSystems in $8.3 Billion Deal Read More
Company Sets Sights on Tactical Recon, Invests in SAR Satellite Operator ICEYE Rheinmetall has announced its strategic expansion into the space sector. The company unveiled its initial approach at the …
Germany’s Rheinmetall Expands into Space with Focus on Tactical Intel Read More
Joby Aviation, a developer of electric vertical takeoff and landing (eVTOL) aircraft for air taxi services, has acquired the autonomy division of Xwing Inc., a company specializing in autonomous flight …
Joby Aviation Acquires Xwing’s Autonomy Division to Advance Electric Air Taxi Development Read More
Lilium, a developer of electric vertical takeoff and landing (eVTOL) aircraft, has partnered with UrbanLink, a new advanced air mobility operator, to launch electric air taxi services in South Florida. …
Lilium Lands 20 unit Order from Florida’s UrbanLink Read More
ST. LOUIS – Boeing reached an agreement with GKN Aerospace St. Louis and its parent company, Melrose Industries, to ensure continued production of critical parts for the U.S. government and …
Boeing Takes Over St. Louis GKN Facility, Securing Parts Production Read More
Advanced Air Mobility (AAM) company Terra Drone Corporation has joined forces with its subsidiaries Unifly NV and Aloft Technologies Inc. to develop a global UTM (Unmanned Aircraft System (UAS) Traffic …
Terra Drone Leads Global Push for AAM Integration with New UTM Development Read More
Electra.aero, a developer of hybrid-electric, short takeoff and landing (eSTOL) aircraft, has been awarded a contract by the U.S. Navy’s Naval Air Systems Command (NAVAIR) to explore the use of …
Electra Takes Flight with U.S. Navy for Next-Gen eSTOL Logistics Aircraft Read More
Honeywell and ITP Aero have joined forces to establish the first European-authorized service center for Honeywell’s F124-GA-200 engine. Located at ITP Aero’s Ajalvir facility in Madrid, this new center will …
Honeywell and ITP Aero Team Up to Bring Engine Repairs to Europe Read More