Civil aerospace news and insights from Forecast International
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
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