aerospace

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

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

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

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

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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Boeing Statement on Discussions with Spirit AeroSystems

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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Spirit AeroSystems Confirms Discussions with Boeing

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

Northrop Grumman cutting as many as 1,000 jobs at Space Park in Redondo Beach – Daily News

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Northrop Grumman cutting as many as 1,000 jobs at Space Park in Redondo Beach – Daily News

Northrop Grumman is preparing to cut as many as 1,000 jobs at its Space Park facility in Redondo Beach after the US Space Force canceled a contract to develop a military communications satellite. The agency terminated the multibillion-dollar program because of high costs, difficulties developing its payload and a schedule delay, according to a regulatory … Read more

Singapore grooms talent, looks to scale up infrastructure to meet demand from aerospace industry

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Singapore grooms talent, looks to scale up infrastructure to meet demand from aerospace industry

KEEPING THE SECTOR EXCITING The Economic Development Board (EDB) is also working to ensure there are exciting jobs in the sector. These include roles in advanced manufacturing, innovation, and sustainability. “For example, we are working with companies and schools to introduce work-study programmes for aerospace. Our graduates can benefit from industry-relevant experience through structured on-the-job … Read more

AerCap Holdings N.V. Announces 20-F Filing

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AerCap Holdings N.V. Announces 20-F Filing

DUBLIN, Feb. 23, 2024 /PRNewswire/ — AerCap Holdings N.V. (“AerCap”) (NYSE: AER) today announced it has filed its annual report on Form 20-F, including its audited financial statements for the fiscal year ended December 31, 2023, with the U.S. Securities and Exchange Commission (the “SEC”) in accordance with United States requirements. AerCap’s Form 20-F can … Read more

Private lander touches down on the moon but sending weak signal – Daily News

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Private lander touches down on the moon but sending weak signal – Daily News

By MARCIA DUNN | AP Aerospace Writer CAPE CANAVERAL, Fla. — A private lander touched down on the moon Thursday but managed just a weak signal back, as flight controllers scrambled to gain better contact with the first U.S. spacecraft to reach the lunar surface in more than 50 years. Despite the spotty communication, Intuitive … Read more