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 $85 million. Premier François Legault and Economy Minister Pierre Fitzgibbon unveiled the project Tuesday during an annual … Read more
– Sanad anuncia una operación de venta estratégica con CFM Materials, que fomenta aún más las colaboraciones en el sector de la aviación La venta por parte de Sanad de dos motores CFM56-7B a CFM Materials pone de relieve su compromiso continuo con el fortalecimiento de las asociaciones industriales. Al asociarse con especialistas líderes del … Read more
Boeing’s CST-100 Starliner will have to wait at least another day for its first human spaceflight as teams scrubbed a Monday night launch attempt. With just over two hours on the countdown clock before a planned 10:34 p.m. liftoff, an issue with an oxygen relief valve led to the call while NASA astronauts Butch Wilmore … Read more
The Canadian military could have modern satellite coverage in the Arctic a decade earlier than envisioned if the federal government is willing to follow the example of other countries and embrace commercial options in space, a House of Commons committee heard Monday. Mike Greenley, chief executive officer of MDA Canada, told committee members Canada has fallen behind … Read more
Bombardier is now the second large Canadian corporation known to have been granted an exemption from federal government sanctions on Russian titanium. The Montreal-based aircraft manufacturer, along with its European partner Airbus, can continue to use parts containing titanium produced by Russia’s VSMPO-AVISMA, based in Verkhnyaya Salda. During a conference call Thursday with reporters following the release of Bombardier’s quarterly results, CEO … Read more
Strong overall backlog volume of US$ 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
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
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
