Civil aerospace news and insights from Forecast International
The European Commission (EC) has approved Korean Air’s proposed acquisition of fellow South Korean carrier Asiana Airlines. The approval is in the form of a conditional clearance, which is subject …
Korean Air Gains EC Approval for Asiana Airlines Acquisition Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. On August 2, British aerospace and defense company Meggitt announced that it has accepted an offer to be acquired by Parker Hannifin, a …
British Aerospace & Defense Company Meggitt Agrees to $8.8 Billion Takeover by Parker Hannifin Read More
As Boeing scrambles to conserve cash in the wake of the COVID-19 pandemic, the $4.2 billion merger with Embraer has become a casualty. The company announced that it was terminating …
Boeing Scuttles Commercial and Military Joint Ventures with Embraer Read More
In what is set to be the largest merger of the decade, Raytheon and United Technologies Corp (UTC) are steadily moving toward their goal, capping a period of dramatic M&A …
Raytheon Technologies Set to Become New Aerospace and Defense Conglomerate Read Moreby Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International. Having long been a conglomerate, UTC has decided that its operations would be better off as three independent companies. …
Collins Aerospace to Lead Three-Way Split of United Technologies Read Moreby Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International. The times they are a-changin’. In a move that has altered the commercial aircraft OEM landscape, Airbus has announced a …
Boeing and Embraer Solidify Commercial Aircraft Tie-Up Read MoreBy Richard Pettibone and Ray Jaworowski, Analysts, Forecast International. Boeing and Embraer have confirmed that the two companies are engaged in discussions regarding a potential combination, the basis of which …
Embraer and Boeing Merger Would Round Out Aircraft Offerings Read Moreby Bill Ostrove, Space Systems Analyst, and Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International. Behind all the sound and fury surrounding the recent UTC/Rockwell deal, Northrop Grumman quietly …
Northrop Grumman Acquisition of Orbital ATK Strengthens Diverse Space Offerings Read Moreby Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International. Safran has announced that it will acquire seats manufacturer Zodiac Aerospace for approximately EUR8.5 billion ($9.1 billion). The new entity …
Safran Expands with $9.1 Billion Zodiac Aerospace Buy Read More