Tag: Aerospace

Aerospace

Airports in Asia-Pacific & Middle East to see US$240 billion investment in infrastructure expansion
Asia

Airports in Asia-Pacific & Middle East to see US$240 billion investment in infrastructure expansion

Major investments to significantly boost passenger and cargo capacity, driving socio-economic growth in the regions News Release – 2025-04-16 – Airports in the Asia-Pacific and Middle East regions are poised to undergo extensive development, with combined investments of US$240 billion dedicated to both upgrading existing facilities (brownfield projects) and building new airports (greenfield projects) between 2025 and 2035.  This capital expenditure, revealed today by Airports … Continue reading Airports in Asia-Pacific & Middle East to see US$240 billion investment in infrastructure expansion

Impact Newswire
Firefly’s Blue Ghost lunar lander softly touched down in Mare Crisium carrying 10 NASA instruments
United States

Firefly Aerospace Becomes First Commercial Company to Successfully Land on the Moon

News Release – Cedar Park, Texas, March 2, 2025 – Firefly Aerospace, the leader in end-to-end responsive space services, today announced its Blue Ghost lunar lander softly touched down on the Moon’s surface in an upright, stable configuration on the company’s first attempt. As part of NASA’s Commercial Lunar Payload Services (CLPS) initiative, Firefly’s Blue Ghost Mission 1, named Ghost Riders in the Sky, sets the tone … Continue reading Firefly Aerospace Becomes First Commercial Company to Successfully Land on the Moon

Impact Newswire
honeywell
United States

Honeywell Announces Intent to Separate Automation and Aerospace, Enabling the Creation of Three Industry-leading Companies

Press Release – February 6, 2025 – CHARLOTTE, N.C., Feb. 6, 2025 /PRNewswire/ — Honeywell (NASDAQ: HON) announced today that its Board of Directors completed the comprehensive business portfolio evaluation launched a year ago by Chairman and CEO Vimal Kapur and intends to pursue a full separation of Automation and Aerospace Technologies. The planned separation, coupled with the previously announced plan to spin Advanced Materials, will result … Continue reading Honeywell Announces Intent to Separate Automation and Aerospace, Enabling the Creation of Three Industry-leading Companies

Impact Newswire
Barnes Group
Europe, Untied Kingdom

Apollo Funds Complete Acquisition of Barnes Group

Press Release – January 27, 2025 – BRISTOL, Conn. & NEW YORK – Barnes Group Inc. (NYSE: B) (“Barnes” or “the Company”), a global provider of highly engineered products, differentiated industrial technologies and innovative solutions, and Apollo (NYSE: APO) today announced that funds managed by affiliates of Apollo (the “Apollo Funds”) have completed the previously announced acquisition of Barnes in an all-cash transaction with a … Continue reading Apollo Funds Complete Acquisition of Barnes Group

Impact Newswire
Airbus
Asia, Europe

Tata Advanced Systems and Airbus inaugurate C295 Final Assembly Line in Vadodara, India

Press Release – Vadodara, 28 October, 2024: As a major milestone for India’s Aerospace & Defence industry, Tata Advanced Systems Limited (TASL) and Airbus inaugurated the Final Assembly Line (FAL) complex for the Airbus C295 aircraft in Vadodara, Gujarat in India. TASL and Airbus are partnering for the pioneering ‘Make in India’ project to deliver 56 C295 aircraft to the Indian Air Force (IAF). The state-of-the-art facility … Continue reading Tata Advanced Systems and Airbus inaugurate C295 Final Assembly Line in Vadodara, India

Impact Newswire
SIFCO Industries
United States

SIFCO Industries, Inc. (“SIFCO”) Announces Appointment of Jennifer Wilson as CFO

October 25, 2024 – CLEVELAND – SIFCO Industries, Inc. (NYSE American: SIF), a leading supplier of forged products to the aerospace, energy, and defense markets, today announced the appointment of Jennifer Wilson Skuhrovec as the Company’s chief financial officer (“CFO”), effective November 13, 2024. Ms. Wilson replaces Thomas Kubera, who served as CFO since 2018 and announced his intention to retire earlier this year. “Jenn … Continue reading SIFCO Industries, Inc. (“SIFCO”) Announces Appointment of Jennifer Wilson as CFO

Impact Newswire
Redwire Space
United States

Redwire to Acquire Spacecraft Developer Hera Systems

Expands National Security Mission Capabilities and Solutions Advances Value Chain Position with Enhanced Product Offerings JACKSONVILLE, Fla. – Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, today announced that it has signed a definitive agreement to acquire Hera Systems, Inc., a spacecraft developer focused on specialized missions for national security space customers. With the addition of Hera Systems’ … Continue reading Redwire to Acquire Spacecraft Developer Hera Systems

Impact Newswire
Boeing
United States

Boeing Board Names Kelly Ortberg President and CEO

– Respected industry veteran with more than 35 years of aerospace experience ARLINGTON, Va., July 31, 2024 /PRNewswire/ – Boeing [NYSE: BA] today announced that its Board of Directors has elected Robert K. “Kelly” Ortberg as the company’s new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing’s Board of Directors. He will succeed Dave Calhoun, who earlier this year announced his intention … Continue reading Boeing Board Names Kelly Ortberg President and CEO

Impact Newswire
Europe

Airbus enters agreement with Spirit AeroSystems

Amsterdam, 1 July 2024– Airbus SE (stock exchange symbol: AIR) has entered into a binding term sheet agreement with Spirit AeroSystems in relation to a potential acquisition of major activities related to Airbus, notably the production of A350 fuselage sections in Kinston, North Carolina, U.S., and St. Nazaire, France; of the A220’s wings and mid-fuselage in Belfast, Northern Ireland, and Casablanca, Morocco; as well as of … Continue reading Airbus enters agreement with Spirit AeroSystems

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