Civil aerospace news and insights from Forecast International
Lilium N.V. announced that the future Orlando International Airport (MCO) vertiport will serve as a central Florida hub for its Lilium Jet network. The company also expressed its support for …
Lilium Designates Future Orlando Vertiport as Key Network Hub Read More
EHang Holdings Limited revealed the official price for its innovative EH216-S passenger drone in China. EHang has set the retail price at RMB2.39 million (approximately $338,000) per unit, effective April …
EHang Prices its EH216-S eVTOL at RMB2.4 million in China Read More
Strong demand across its operations saw General Dynamics post sales of $42.3 billion for 2023, up 7.3 percent from $39.4 billion in 2022. Net income for the year was $3.3 …
Gulfstream Gears Up for a Banner Year in 2024 Read More
Kaman, a leading aerospace and industrial technologies company, is reaching another milestone in its corporate history. The company has announced a definitive agreement to be acquired by Arcline Investment Management, …
Aerospace Pioneer Kaman Moves into Private Hands with $1.8 Billion Arcline Acquisition Read More
Ten days after a mid-air incident forced the grounding of 171 Boeing 737 Max 9 aircraft in the US, Boeing is taking action to regain public trust. The company has …
Boeing Working to Regain Trust After Grounding 737 Max 9s Read More
Defence Secretary Shri Giridhar Aramane marked a milestone for India’s aerospace ambitions on December 29, 2023, by inaugurating a design and testing facility at the Aero Engine Research and Development …
HAL Boosts India’s Engine Independence With New Facility Read More
Boeing has named long-time company executive Stephanie Pope to the new position of executive vice president and chief operating officer of Boeing. She starts the new job on January 1, …
Boeing Names Company Veteran Stephanie Pope as New COO Read More
L3Harris Technologies has agreed to sell its Commercial Aviation Solutions (CAS) business to an affiliate of TJC L.P. for $800 million. L3 Commercial Aviation, formed in 2018, consolidated key components …
L3Harris to Sell Commercial Aviation Solutions Unit to TJC for $800 Million Read More
Strong performance in the aerospace sector coupled with growth in defense is fueling revenue growth at Thales. Despite ongoing supply chain issues and a war in Ukraine, the company …
Thales Looking to Strong Growth for 2023 Read More
The Ariane and Vega programs are Avio’s bread and butter. While the company does some work on missile propulsion systems, space systems are where Avio has established its niche. The …
Avio Orders Remain Robust Despite Near Term Setbacks Read More