Latest Headlines
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Mobix Labs Launches New EMI Filtered Connectors For Defense And Aerospace Applications
7/9/2024
Mobix Labs Inc. (Nasdaq: MOBX), a leader in advanced connectivity solutions, today launched its latest EMI filtered ARINC 404 and ARINC 600 connectors for defense and aerospace applications.
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American Airlines Commits To Conditional Purchase Of 100 Zeroavia Hydrogen-Powered Engines, Increases Investment In Hydrogen-Electric Innovator
7/2/2024
American Airlines today announced that it has entered into a conditional purchase agreement with clean aviation innovator ZeroAvia for 100 hydrogen-electric engines intended to power regional jet aircraft with zero inflight emissions save for water vapor.
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Nidec Announces Investment In Eve Air Mobility, A Manufacturer Of Electric Vertical Take-Off And Landing (eVTOL) Aircraft, For Strategic Partnership Through Nidec's Subsidiary
7/1/2024
Nidec announces that it will make a minority equity investment of USD 20M in Eve Air Mobility (“Eve”), a manufacturer of electric vertical take-off and landing (eVTOL) aircraft and launch partner for Nidec Aerospace’s propulsion system, through Nidec’s subsidiary, Nidec Motor Corporation (“NMC”), on July 2, 2024.(EST)
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BTIG Launches Comprehensive Aerospace And Defense Research Coverage
7/1/2024
BTIG announced the expansion of its research coverage to include aerospace and defense industries.
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AMSOIL INC. Acquires Aerospace Lubricants With Strategy For Growth
7/1/2024
AMSOIL INC., a global leader in synthetic lubricant technology, has acquired Columbus, Ohio-based Aerospace Lubricants.
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Spirit AeroSystems Announces Acquisition By Boeing In $8.3B Transaction
7/1/2024
Spirit AeroSystems [NYSE: SPR] ("Spirit") today announced it has entered into a definitive merger agreement under which The Boeing Company [NYSE: BA] ("Boeing") will acquire Spirit for $37.25 per share in Boeing common stock (subject to the collar described below). At $37.25 per share, this represents an equity value of approximately $4.7 billion and an enterprise value of approximately $8.3 billion including Spirit's last reported net debt.
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Boeing To Acquire Spirit AeroSystems
7/1/2024
Boeing [NYSE: BA] today announced it has entered into a definitive agreement to acquire Spirit AeroSystems [NYSE: SPR]. The merger is an all-stock transaction at an equity value of approximately $4.7 billion, or $37.25 per share.
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Shield AI's V-BAT Selected For $19M Contract To Provide U.S. Coast Guard With Maritime Unmanned Aircraft System Services
7/1/2024
Shield AI, the defense technology company building the world's best AI pilot, announced today that the U.S. Coast Guard has awarded the company a $198,106,876 indefinite-delivery, indefinite-quantity firm fixed-price contract to provide Contractor Owned Contractor Operated (COCO) Intelligence, Surveillance, and Reconnaissance (ISR) services. This service will be implemented using the V-BAT unmanned aircraft system (UAS).
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Aviation Capital Group Announces Delivery Of One A321neo To Cebu Pacific
6/28/2024
Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one A321neo aircraft on long-term lease to Cebu Pacific.
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Lilium Completes Successful Tests Of Its Revolutionary Electric Jet Propulsion System
6/26/2024
Lilium N.V. a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has successfully completed the first series of tests of its electric jet propulsion unit.