| | | | | | | | Woodward (NASDAQ: WWD), a global leader in aerospace and industrial energy control solutions, announced today that it has signed a definitive agreement to acquire the Safran Electronics & Defense electromechanical actuation business based in the United States, Mexico, and Canada. The acquisition includes intellectual property, operational assets... |
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| | | | | AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it has entered into a definitive agreement to divest its Landing Gear Overhaul business to GA Telesis. The transaction is valued at $51 million and is expected to close in the first quarter of the 2025 calendar year, subject to customary... |
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| | | | | Washington, DC – December 18, 2024 – The Air Charter Safety Foundation (ACSF) is pleased to announce that Ron Brower, an attorney with over 28 years of experience in the aviation sector, has been appointed as ACSF's new legal counsel. Mr. Brower, founder of RBAvLaw, brings extensive expertise in aviation business startups, mergers and acquisitions... |
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| | | | | The Spanish government has signed a contract with Munich-based, Germany, NATO Eurofighter and Tornado Management Agency (NETMA) for the acquisition of 25 Eurofighter aircraft. Known as the Halcon II programme, the order will cover the delivery of 21 latest-generation single-seat and four twin-seat Eurofighter aircraft to replace part of the F-18 fleet operated by the Spanish... |
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| | | | | MTU Maintenance Zhuhai introduces sustainable aviation fuel (SAF) testing to its portfolio and carries out first test with launch customer China Southern Airlines Limited (CSN). A V2500 engine from IAE International Aero Engines AG (IAE) was successfully tested with a 10 percent SAF blend following a full overhaul shop visit. The facility has procured an initial 30 tons of... |
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