RUAG Splits Into Two Separate Aerospace and Defense Firms
RUAG is capping off a dramatic change that has split the company into two independent firms, one focused on supporting the Swiss military and the other on commercial aerospace. On …
Read MoreAuthor: Richard Pettibone
Triumph’s Restructuring Coming to a Close; Aerospace Structures on the Block
Triumph Group’s restructuring efforts are coming to completion, with over a dozen operations divested so far. The transformation is part of the company’s “One Triumph” initiative begun some four years …
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AVIC Acquisition Growth Slowing; Program Delays Continue
AVIC is the Airbus, Boeing, and Lockheed Martin of China. The firm consolidates all of China’s aviation activities under its aegis in one form or another. The goal behind its …
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Sparton Finds a New Home
Following the failure of an earlier merger attempt to combine with Ultra Electronics, a new suitor swept in and bought Sparton. This time it was a private equity firm, Cerberus …
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ThyssenKrupp Hits Reset on Restructuring
With apologies to Steinbeck, the best-laid plans of mice and conglomerates often go awry.
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Bombardier Capping Restructuring with Aerostructures Sale to Spirit AeroSystems
Company now focused solely on business jets and rail transportation. Bombardier’s restructuring program continues to move along with its announcement that it will sell its aerostructures business to Spirit AeroSystems …
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France’s Naval Group On Track for a Great Year
Halfway through its latest 10-year plan, and Naval Group is showing some slow, but promising, results. Sales rose almost 13 percent in 2018 to EUR3.6 billion, and in the first …
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CAE Expands Training to Meet Heightened Pilot Demand
With aircraft production booming, all these new planes are going to need someone to fly them. For CAE this means long-term stability in its civil and defense pilot training operations.
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A New Bombardier Aviation Is Formed as It Exits Commercial Aerospace
Under a restructuring plan begun almost five years ago, Bombardier has radically narrowed its aerospace focus to business jets and aerostructure production. Three major divestitures have transformed the Canadian company …
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Raytheon Technologies Set to Become New Aerospace and Defense Conglomerate
In what is set to be the largest merger of the decade, Raytheon and United Technologies Corp (UTC) are steadily moving toward their goal, capping a period of dramatic M&A …
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