aerospace

Bombardier gets federal exemption from sanctions on Russian titanium

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Bombardier is now the second large Canadian corporation known to have been granted an exemption from federal government sanctions on Russian titanium. The Montreal-based aircraft manufacturer, along with its European partner Airbus, can continue to use parts containing titanium produced by Russia’s VSMPO-AVISMA, based in Verkhnyaya Salda. During a conference call Thursday with reporters following the release of Bombardier’s quarterly results, CEO … Read more

Embraer backlog reached the highest level over past 7 years and deliveries increased 67% in 1Q24

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Strong overall backlog volume of US$ 21.1 billion (+13% QoQ) American Airlines placed a firm order for 90 E175 jets Commercial Aviation backlog rose US$2.3 billion (+26% QoQ) 1Q Executive Aviation deliveries were the highest of the last 8 years SÃO JOSÉ DOS CAMPOS, Brazil, April 19, 2024 /PRNewswire/ — Embraer (NYSE: ERJ; B3: EMBR3) delivered 25 … Read more

Inertial Measurement Unit (IMU) Market size is set to grow by USD 7761.28 mn from 2023-2027, ACEINNA Inc., Adafruit Industries LLC and Analog Devices Inc., and more to emerge as Some of the Key Vendors, Technavio

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NEW YORK, April 18, 2024 /PRNewswire/ — The global inertial measurement unit (imu) market size is estimated to grow by USD 7761.28 mn from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of almost 14.59% during the forecast period. North America held the largest share of the global … Read more

NASA chief warns of Chinese military presence in space

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Washington —  China is bolstering its space capabilities and is using its civilian program to mask its military objectives, the head of the U.S. space agency said Wednesday, warning that Washington must remain vigilant. “China has made extraordinary strides especially in the last 10 years, but they are very, very secretive,” NASA administrator Bill Nelson … Read more

Aero-Engine Coating Market size to increase by USD 118.35 million between 2022 to 2027, Market Segmentation by Application and Geography, Technavio

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NEW YORK, April 12, 2024 /PRNewswire/ — The global aero-engine coating market size is estimated to grow by USD 118.35 million from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of almost 5.73% during the forecast period. The aero-engine coating market faces challenges due to the criticality and time-consuming … Read more

California must invest more in the space industry, say state’s members of US House and Senate – Daily News

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In a galaxy far, far away, California has a chance to stake its claim — or so the state’s lawmakers say. Several dozen members of California’s congressional delegation, including a handful from Southern California, asked Gov. Gavin Newsom last week to prioritize investment in the space industry, part of a move among leaders responding to … Read more

Cyient Collaborates with Airbus for Cabin Engineering Services to Support Future Connected Cabins

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HYDERABAD, India, March 13, 2024 /PRNewswire/ — Cyient, a global Intelligent Engineering and Technology Solutions company, has announced that it has signed a multiyear services agreement with Airbus for Cabin and Cargo Engineering.  Following this agreement, Cyient has been selected by Airbus for the development of a part of its cabin ‘Intelligent Core Management Platform’ (iCMP). These systems … Read more

Manufacturing PMI® at 47.8%; February 2024 Manufacturing ISM® Report On Business®

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New Orders; Backlogs Contracting; Production; Employment Contracting; Supplier Deliveries Slowing; Raw Materials Inventories Contracting; Customers’ Inventories Too Low; Prices Increasing; Exports and Imports Growing TEMPE, Ariz., March 1, 2024 /PRNewswire/ — Economic activity in the manufacturing sector contracted in February for the 16th consecutive month following one month of “unchanged” status (a PMI® reading of 50 percent) and … Read more

Boeing Statement on Discussions with Spirit AeroSystems

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ARLINGTON, Va., March 1, 2024 /PRNewswire/ — Boeing (NYSE: BA) today issued the following statement: We have been working closely with Spirit AeroSystems and its leadership to strengthen the quality of the commercial airplanes that we build together. We confirm that our collaboration has resulted in preliminary discussions about making Spirit AeroSystems a part of … Read more

Spirit AeroSystems Confirms Discussions with Boeing

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WICHITA, Kan., March 1, 2024 /PRNewswire/ — Spirit AeroSystems Holdings, Inc. [NYSE: SPR] today confirmed that it is currently engaged in discussions with Boeing about a possible acquisition of the Company by Boeing. No assurances can be given that a definitive agreement will be entered into, that any transaction will be consummated, or the timing, terms … Read more