Civil aerospace news and insights from Forecast International
Boeing and Airbus are reportedly nearing a deal to divide troubled supplier Spirit AeroSystems. According to an exclusive Reuters report, sources familiar with the situation claim both giants are exploring …
Boeing and Airbus Edge Closer to Split Acquisition of Spirit AeroSystems Read More
Honeywell International has agreed to acquire Civitanavi Systems S.p.A., an Italian provider of high-precision inertial navigation and stabilization solutions, for approximately €200 million ($216.8 million). This strategic acquisition strengthens Honeywell’s …
Honeywell Bolsters Autonomous Vehicle Tech with Civitanavi Systems Acquisition Read More
Major changes are afoot at Boeing as the company has announced a shakeup in the company’s leadership as it deals with the fallout of a January 5 incident in which …
Boeing Shakes Up Leadership: Calhoun to Step Down, Pope to Lead Commercial Airplanes Read More
GE Aerospace announced a strategic investment of more than EUR64 million (approximately $70 million) in its European manufacturing facilities. This initiative, which will be implemented throughout 2024, aims to enhance …
GE Aerospace Announces €64 Million Investment in European Manufacturing Read More
The United Kingdom is gearing up for the future of transportation with the announcement of its first vertiport testbed dedicated to electric air taxis. This collaborative project between Skyports, a …
UK Takes Off with First Electric Air Taxi Vertiport Testbed Read More Boeing is in preliminary talks to buy back Spirit AeroSystems, the company it spun off in 2005. This potential acquisition marks a significant shift in Boeing’s strategy, as it would …
Spirit AeroSystems in Talks with Boeing and Airbus Read More
Lockheed Martin subsidiary Sikorsky has unveiled its plans to develop a pioneering family of large, next-generation Vertical Take-Off and Landing (VTOL) aircraft. The program spearheads with the Hybrid-Electric eXperimental (HEX) …
Sikorsky Unveils Plans for Next-Generation Hybrid-Electric VTOL Aircraft Family Read More
MUNICH — Lilium N.V has appointed Senior Lilium Executive Dominique Decard to head Lilium’s Customer Service organization, named Lilium POWER-ON. At the Singapore Air Show, the company announced its newly …
Lilium Launches POWER-ON for Customer eVTOL Support Read More
BAE Systems’ $5.5 billion acquisition of Ball Aerospace is finalized, securing all necessary regulatory approvals. The deal, initially announced in August 2023, brings the space technology company under BAE Systems’ …
BAE Systems Buys Ball Aerospace for $5.5 Billion, Expanding Defense and Space Capabilities Read More
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