Aircraft landing gear maker Héroux-Devtek Inc. says it has signed a deal to be acquired by U.S. private equity firm Platinum Equity Advisors LLC in a deal valued at $1.35 billion. Under the agreement, Platinum Equity will pay $32.50 in cash per share for the company. Based in Longueuil, Que., Héroux-Devtek is one of the … Read more
GUIANA SPACE CENTRE, French Guiana — Arcing away from the coastal periphery of the Amazon rainforest at 4 p.m. local time, Europe’s Ariane 6 rocket launched today on its first — heavily delayed — mission to space. While the European Space Agency will only be able to declare the launch a success after more than an … Read more
By ADITHI RAMAKRISHNAN | AP Science Writer Two NASA astronauts will stay longer at the International Space Station as engineers troubleshoot problems on Boeing’s new space capsule that cropped up on the trip there. NASA on Friday did not set a return date until testing on the ground was complete and said the astronauts were … Read more
More than 1,000 Bombardier aircraft assembly workers went on strike as of Sunday after their union failed to reach an agreement with the company. A Sunday release from Unifor said 1,350 employees stopped work at the company’s aircraft manufacturing facility, based at Toronto Pearson International Airport in Mississauga, after the strike deadline expired at 11:59 … Read more
NEW YORK, June 17, 2024 /PRNewswire/ — The global display for avionics applications market size is estimated to grow by USD 1.32 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.46% during the forecast period. Growing demand for automation is driving market growth, with a trend towards introduction of automatic ground collision avoidance … Read more
“We’ve always had the same philosophy, we help the Ukrainians to fight,” he said. France had until now stopped short of donating fighter jets to Ukraine, arguing that Kyiv needs to focus on obtaining and training on F-16s, which are more common than the Mirages made by the French arms manufacturer Dassault. The Ukrainian president … Read more
Bengaluru: The Indian Space Research Organisation (ISRO) and Wipro 3D on Friday announced a partnership in space technology with the successful manufacturing of the PS4 3D-printed rocket engine powering the fourth stage of the Polar Satellite Launch Vehicle (PSLV). The PSLV is an expendable launch system designed to place earth observation and scientific satellites into … Read more
A Quebec judge is authorizing a class action from shareholders against Bombardier Inc. over claims that the plane maker presented a false picture of its financial situation in 2018, a turbulent year that saw its share price tank. The lawsuit alleges that Bombardier, then-CEO Alain Bellemare and then-chief financial officer John Di Bert failed to … Read more
For example, lasers could be used to flood satellite optical sensors with light, blinding or, in counterspace-speak, dazzling imaging satellites; while snooping on satellite comms can also pose a problem. France has accused Russia of trying to listen in on the Athena-Fidus satellite it shares with Italy. This year, U.S. officials briefed that Russia was developing a … Read more
Boeing, a giant in the aircraft manufacturing business, is investing $240 million as part of a partnership with the Quebec government to create an aerospace innovation zone in the Montreal area. The total investments for the project are worth $415 million. The Quebec government is contributing $85 million. Premier François Legault and Economy Minister Pierre Fitzgibbon unveiled the project Tuesday during an annual … Read more
