MTU Aero Engines Sees MRO Recovery In 2021
A little over a year into the COVID-19 pandemic, the aviation industry remains under pressure – a status that is likely to linger for some time to come. Air traffic, …
Read MoreAuthor: Richard Pettibone
United Aircraft Corporation the Centerpiece of Rostec’s Aviation Cluster
Russia is continuing to consolidate its defense industry, and now its aviation industry, around its largest state-owned defense industry holding, Rostec. According to Rostec, the inclusion of United Aircraft Corporation …
Read More
Rheinmetall Defence Remains Resilient During Pandemic
Rheinmetall’s diversity has served it well during the COVID-19 pandemic. While its automotive operations suffered in the first half of 2020, defense remained resilient, maintaining its growth trend. Overall, the …
Read More
Raytheon Technologies Defense Operations Balancing Weak Aerospace Market
Formed at the start of the historic COVID-19 pandemic, the new Raytheon Technologies is doing as well as can be expected. The merger of Raytheon and United Technologies Corp (UTC) …
Read More
Mitsubishi Pulls Back on SpaceJet in Face of COVID-19 Pressures
The COVID-19 pandemic cast global markets into a period of uncertainty as it moved across the globe in early 2020. The impact of the virus is beginning to make its …
Read More
Rolls-Royce Braces for the Worst from COVID Crisis – AGM Update
Rolls-Royce cannot seem to catch a break. The company has spent the last few years dealing with corruption issues, problems on a flagship engine program, the threat of Brexit, and …
Read More
Boeing Scuttles Commercial and Military Joint Ventures with Embraer
As Boeing scrambles to conserve cash in the wake of the COVID-19 pandemic, the $4.2 billion merger with Embraer has become a casualty. The company announced that it was terminating …
Read More
Denel Restructuring Moving Ahead
The COVID-19 pandemic cast global markets into a period of uncertainty as it moved across the globe in early 2020. The impact of the virus is just beginning to be …
Read More
Top 100 Federal Contractors FY19
The General Services Administration’s U.S. Federal Procurement Data System – Next Generation released its annual Top 100 Federal Contractors report – Fiscal Year 2019. The top 100 federal contractors accounted …
Read More
Raytheon Technologies Begins Operations
The merger of Raytheon and United Technologies Corp (UTC) is now complete, creating a $74 billion defense giant in the process. The new Raytheon Technologies is now third in terms …
Read More