Civil aerospace news and insights from Forecast International
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
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