Latest Headlines
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EVA Orders GEnx Engines To Power Boeing 787 Fleet Expansion
7/24/2024
GE Aerospace (NYSE: GE) announced that following EVA Air's recent deal to purchase four Boeing 787-10 Dreamliner aircraft, the airline has placed an order for GEnx engines to power their new aircraft.
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RTX's Pratt & Whitney GTF™ Engines Surpass 950 Orders And Commitments In 2024
7/24/2024
Farnborough Air Show – Pratt & Whitney, an RTX (NYSE: RTX) business, announced more than 950 GTF engine orders and commitments since the beginning of 2024.
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LanzaJet Announces Strategic Investment From Airbus - Breakthrough 'Space' And Aircraft Manufacturer
7/24/2024
LanzaJet, a leading sustainable fuel technology company and producer of sustainable fuels, today announced a strategic investment from Airbus, a global leader and frontrunner in the aerospace industry.
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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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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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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.
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British Airways Orders First GEnx Engines For New 787 Dreamliners
6/22/2024
GE Aerospace (NYSE: GE) announced today that International Airlines Group (IAG) has committed to purchasing GEnx engines to power six new 787 Dreamliners for British Airways – the first introduction of this engine into their fleet.