aerospace News

Boeing Strikes a Massive $10.5B Deal with Thoma Bravo, Selling Digital Aviation Solutions

Boeing announces a $10.55 billion deal with Thoma Bravo for the sale of its Digital Aviation Solutions, retaining core digital capabilities for maintenance and diagnostics services...

RTX Corp. Announces 5% Sales Growth in Q1, Reaching $20.3B Amidst Dynamic Market Conditions

RTX Corp. reports a 5% increase in Q1 revenue to $20.3B, despite a 10% drop in net income. Collins Aerospace and Pratt & Whitney show growth, while Raytheon sales decline. The comp...

RTX Corp. Reports a 5% Sales Surge in Q1, Hitting $20.3B Amidst Market Challenges

RTX Corp. announced a 5% increase in Q1 revenue to $20.3 billion, despite a 10% drop in net income. Segments showed mixed results, with Collins Aerospace and Pratt & Whitney growin...

RTX Corp. Reports a 5% Sales Increase to $20.3B in Q1 Amidst a 10% Drop in Net Income

RTX Corp. announced a 5% increase in Q1 sales to $20.3 billion, despite a 10% drop in net income. Segments showed mixed results, with Collins Aerospace and Pratt & Whitney growing,...

Lockheed Martin CFO Jesus Malave Resigns, Evan Scott Appointed as New Financial Leader

Lockheed Martin announces CFO Jesus Malave's departure, appointing Evan Scott as successor. The company reassures stakeholders with the timely release of Q1 financial results.

Lockheed Martin Announces CFO Jesus Malave's Departure, Evan Scott Steps In Immediately

Lockheed Martin announces CFO Jesus Malave's departure and appoints Evan Scott as the new CFO immediately. With 26 years at the company, Scott is seen as a capable leader to drive ...

Lockheed Martin CFO Jesus Malave Resigns; Evan Scott Appointed as New Finance Leader

Lockheed Martin Corporation announces the resignation of CFO Jesus Malave and the immediate appointment of Evan Scott as the new CFO. With 26 years at the company, Scott is poised ...

Boeing's Strategic Expansion in India: A Testament to Reforms and Growth

Boeing is enhancing its commitment to India with increased aircraft deliveries and sourcing, alongside strategic investments in training, MROs, and technology centers. This reflect...

Boeing's Strategic Expansion in India: A Win-Win for US and Indian Aerospace Sectors

Boeing is enhancing its presence in India with increased sourcing, aiming to boost aircraft production and strengthen the aerospace ecosystem. This strategic move not only supports...

Embraer Considers Establishing KC-390 Assembly Line in Poland to Boost Aerospace Ties

Embraer S.A. is exploring the establishment of a KC-390 military transport aircraft assembly line in Poland, alongside signing a Memorandum of Understanding with the Lukasiewicz In...

Honeywell Announces Major Restructuring: Splitting into Three Independent Companies

Honeywell International Inc. plans to split into three independent companies by separating its automation, aerospace, and advanced materials divisions, aiming to unlock significant...

Constelli, a Hyderabad-based Aerospace Startup, Raises $3 Million in Pre-Series A Funding

Hyderabad-based aerospace and defense startup Constelli has raised $3 million in pre-series A funding led by Pravega Ventures. The funds will be used for R&D and capital expenditur...

Adani Defence Expands Aerospace Presence with Air Works India Acquisition

Adani Defence Systems and Technologies Limited acquires an 85.8% stake in Air Works India for Rs 400 crore, expanding its presence in the MRO sector and reinforcing its commitment ...