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Aerospace

A potential sale of the PPE business was disclosed before activist Elliott Investment called for a split of the company's aerospace and automation businesses after taking a $5 billion-plus stake

Updated On: 22 Nov 2024 | 7:28 PM IST

Factory workers at Boeing have voted to accept a contract offer and end their strike after more than seven weeks, clearing the way for the company to restart idled Pacific Northwest assembly lines. But the strike was just one of many challenges the troubled US aerospace giant faces as it works to return to profitability and regain public confidence. Boeing's 33,000 striking machinists disbanded their picket lines late Monday after leaders of the International Association of Machinists and Aerospace Workers district in Seattle said 59 per cent of union members who cast ballots agreed to approve the company's fourth formal offer, which included a 38 per cent wage increase over four years. Union machinists assemble the 737 Max, Boeing's bestselling airliner, along with the 777 or triple-seven jet and the 767 cargo plane at factories in Renton and Everett, Washington. Resuming production will allow Boeing to generate much-needed cash, which it has been bleeding. Even for a company the

Updated On: 06 Nov 2024 | 7:46 AM IST

Initially, GE Aerospace was expected to begin engine deliveries in March 2023 to support HAL's production of Tejas Mk1. However, the first batch of engines is now anticipated to arrive by April 2025

Updated On: 04 Nov 2024 | 4:35 PM IST

BENGALURU (Reuters) - Larsen & Toubro Ltd (L&T), India's largest private-sector defense manufacturer by revenue, is looking to ramp up its aerospace division to strengthen its foothold in the country's burgeoning private space sector, a senior executive said on Thursday.

Updated On: 31 Oct 2024 | 7:05 PM IST

The eVTOL startup is scheduled to launch an air taxi service, connecting major cities in under 39 minutes by 2030, while also developing a zero-emission cargo aircraft set for debut by 2026

Updated On: 30 Oct 2024 | 6:02 PM IST

This is not the first loss for Intelsat. Earlier in 2019, the company had lost another Boeing-made satellite, IS-29e

Updated On: 23 Oct 2024 | 3:28 PM IST

Production issues at Boeing and Airbus have led to slower delivery of newer planes, troubling the airline industry, which is seeing unprecedented demand for air travel

Updated On: 22 Oct 2024 | 4:43 PM IST

"Over 714 vessels globally rely on GE Aerospace's marine gas turbines for their reliability and availability," the company announced on Thursday

Updated On: 18 Oct 2024 | 12:19 AM IST

These job cuts at Airbus, which represent around 7 per cent of its defence and space division's workforce, are expected to be implemented by mid-2026

Updated On: 16 Oct 2024 | 6:09 PM IST

The European planemaker aims to implement the cuts, which represent 7 per cent of its workforce in the Defence & Space unit, by the middle of 2026

Updated On: 16 Oct 2024 | 4:32 PM IST

The DGCA stated that all flight crews involved in B737 planes must be informed, through a circular or advisory, about the possibility of a jammed or restricted rudder control system

Updated On: 07 Oct 2024 | 8:19 PM IST

Union Civil Aviation Minister Kinjarapu Rammohan Naidu led India's delegation in meet with French aerospace representatives at New Delhi today

Updated On: 07 Oct 2024 | 6:17 PM IST

If the talks are successful, a deal could be signed in the coming weeks, the sources said, cautioning a transaction is not guaranteed and another suitor could emerge if talks with Apollo fall apart

Updated On: 04 Oct 2024 | 9:09 AM IST

Navratna defence PSU Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI), Israel's leading aerospace and defence company, have announced the establishment of a joint venture company (JVC), which has been incorporated in the name of BEL IAI AeroSystems Private Ltd. The JVC with its registered office in Delhi shall be the single point of contact (SPOC) for extending long-term product support to the Medium Range Surface-to-Air Missile (MRSAM) systems of India's defence forces, Bengaluru-headquartered BEL said in a statement on Thursday. "The partnership marks another significant step in cementing the relationship between the two companies that have a long history of association for strategic programmes. BEL and IAI are collaborating on several joint programmes for the Tri-services," it said. BEL said the JVC has been set up to provide life cycle support, both technical and maintenance related, for MRSAM air-defence systems of the country. MRSAM is an advanced, ...

Updated On: 03 Oct 2024 | 11:31 AM IST

Engine maker GE Aerospace plans to increase sourcing of components from India, which is a growing aviation market, a senior company official has said. The company has a manufacturing facility in Pune and the John F Welch Technology Centre in Bengaluru. Currently, it has 13 major suppliers, including Tata Advanced Systems Ltd (TASL). Mahendra Nair, Group Vice President for Commercial Programs at GE Aerospace, said India's contribution to the supply chain will increase. "We have got some very capable companies in India with the right engineering talent, the right production footprint and as long as they can meet the technical standards that we are looking for, it is only upside and it is going to grow. "India is a market that is going to grow and that makes sense for us to continue sourcing more from India," Nair told PTI during a recent interview in the national capital. Vikram Rai, South Asia Chief Executive Officer of GE Aerospace, said the company's sourcing has gone up by 20 ti

Updated On: 30 Sep 2024 | 12:37 AM IST

Bengaluru-headquartered Flying Wedge Defence and Aerospace (FWDA) on Tuesday announced the successful maiden flight of indigenous unmanned bomber aircraft, the FWD 200B. Classified as a Medium Altitude (15,000 feet) Long Endurance (MALE) Unmanned Aerial Vehicle (UAV), the FWD 200B is equipped with optical payloads for surveillance and missile-like weapons for air strikes and bombing, the FWDA Founder and CEO Suhas Tejaskanda told reporters here. "The aircraft's aerodynamics design, airframe, propulsion systems, controls systems, electronics are all made in India at FWDA's state-of-the-art manufacturing facility of 12,000 sq.ft built on 1.5 acre land, located at Electronic City, Bengaluru," he said. FWD 200B features a wingspan of five metres and a length of 3.5 metres. It has a maximum take-off weight of 102 kg and a payload capacity of 30 kg, the company said. It can fly at a cruise speed of 152 kms per hour, with a maximum speed of 250 km per hour. Its runway requirement is just

Updated On: 03 Sep 2024 | 12:35 PM IST

At the Shakti engine's current unit price of Rs 8-10 cr, the expense on these engines would amount to Rs 40,000-50,000 cr

Updated On: 30 Aug 2024 | 10:47 PM IST

Mahindra Group and Israel's Sentrycs Ltd on Friday said they have signed a non-binding Memorandum of Understanding (MoU) to explore opportunities for developing and providing 'differentiated anti-drone solutions' in India. The solutions will cover civilian and military applications, the two companies said in a joint statement. The MoU relates to the 'anti-drone systems' technology space and will focus on the Transfer of Technology (TOT) and manufacturing of radio frequency-based counter-drone solutions under the government of India's 'Make in India' initiative, it added. The 'differentiated anti-drone solution' is an autonomous and integrated system with a command and control (C2) module, and enables detection, tracking, identification and mitigation of incoming drones. "We believe that this MoU with Sentrycs would enable the group to explore opportunities in the anti-drone space and set the stage for cutting-edge technological offerings with global partners for a full suite of ...

Updated On: 30 Aug 2024 | 12:56 PM IST

IT major Tech Mahindra on Thursday said it has inked a pact with UK-based engineering service provider Marshall Group to combine their digital solutions and engineering capabilities to spur advancements in aerospace and the defence industry. Tech Mahindra in a statement said it will assist Marshall's engineering programmes in aircraft design and manufacture, special mission platforms, and the development of digital maintenance, repair, and overhaul (MRO) technologies. Marshall will also make use of Tech Mahindra's suite of data analytics and intelligent field support technologies to enhance its infrastructure solutions' operational efficiency and reliability. "Combining Tech Mahindra's global engineering and technology capabilities with Marshall's rich heritage and specialised knowledge, we are poised to create a powerful collaboration to drive innovation, deliver exceptional customer value, and enable the industry to scale at speed," Narasimham R V, President, Engineering Services,

Updated On: 29 Aug 2024 | 4:21 PM IST

Shares of DCX Systems locked in 5 per cent upper circuit at Rs 319.75 per share on the BSE in Monday's intraday trade

Updated On: 19 Aug 2024 | 11:21 AM IST