In the ongoing effort to implement the F-35 Technology Refresh-3 program, Lockheed was awarded a new three-year contract ...
The aerospace engineering group’s role in future engine development has involved more than 3 million hours of simulation work ...
Turning to AI. AI delivers significant value to manufacturers by optimizing production, enhancing quality control, and ...
By combining sensors, cameras, and analytics, shops can establish a communicative system that speaks through metrics, ...
Rolls-Royce in Indianapolis has a new Pentagon contract to produce dozens of gas turboshaft engines to power air-cushioned ...
The Brazilian manufacturer highlighted its emerging eVTOL subsidiary among its strategies to expand production, promote new technologies, and develop a “low-carbon” aerospace ...
Two investment groups, Warburg Pincus and Berkshire Partners, are acquiring Triumph Group to help it address “customers' evolving needs”. Two private-equity giants are partnering to acquire Triumph ...
The final report for 2024 showed slowing demand for cutting tools from Q2 through Q4, meaning the prospect is uncertain for any pending recovery at the start of 2025. Machine shops and other ...
New orders for CNC machinery topped $500 million in December 2024, with demand from aerospace and contract machine shops continuing to grow as the new year began. Machine shops and other U.S.
The Defense, Space, & Security unit indicated it will eliminate hundreds of positions as it realigns the Space Launch System “moon rocket” project with changes to NASA’s Artemis program. Boeing has ...
The fractional-ownership aircraft service contracted for more than 200 private jets, including after-sale services and support, in the largest order ever for both the manufacturer and its customer.