Ace Precision Machining Corp.

aceprecision.com

Ace Precision is an internationally recognized supplier to the Aerospace, Power Generation and Defense industries. Laser cutting, GTAW and resistance welding, sheet metal forming, thermal barrier coating, heat-treating, and CNC milling and turning operations are among the many services we provide our customers.

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Commercial Aviation

UAV FACTORY, A PORTFOLIO COMPANY OF AE INDUSTRIAL PARTNERS, ACQUIRES JENNINGS AERONAUTICS

AE Industrial Partners | September 16, 2021

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AE Industrial Partners, LP ("AEI"), a US-based private equity firm specializing in aerospace, defense & government services, space, power generation, and specialty industrial markets, announced today that it has expanded its Unmanned and Autonomous platform through the acquisition of Jennings Aeronautics, Inc. ("JAI"), a leading provider of innovative Small Unmanned Aerial Systems . JAI will be combined with UAV Factory, a global leader in tactical Unmanned Aerial Vehicle...

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AVIATION TECHNOLOGY

ALEF LAUNCHES THE ALEF FLYING CAR, FIRST AND ONLY DRIVABLE FLYING CAR WITH VERTICAL TAKEOFF AND LANDING FITTING TODAY'S ROAD INFRASTRUCTURE

Alef | October 21, 2022

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Alef Aeronautics, an advanced technology company creating alternative transportation solutions for surging traffic trends, today introduces the Alef "Model A", the only flying car with street driving and vertical take-off. The Alef Model A flying car fits within existing urban infrastructure for driving and parking. The company plans to begin production and initiate first deliveries in Q4 of 2025 The first Alef flying car is available for pre-sale to consumers on October 19, 2022 for $...

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BUSINESS AVIATION

CDB AVIATION DELIVERS FIRST A320NEO AIRCRAFT TO FLYNAS

CDB Aviation, | February 19, 2022

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CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the delivery of the first of up to five Airbus A320neo aircraft to a new airline customer, flynas, the Saudi Arabia-based air carrier. “This latest addition of NEO aircraft to flynas’ growing fleet advances its ambitious plans to expand the fleet and increase the scope of its offerings in line with the Vision 203...

Read More

US AVIATION SECTOR WITNESSES MOST JOB CUTS AMIDST TRAVEL LOCKDOWN, BOEING TO ELIMINATE 10% WORKFORCE

Boeing | May 03, 2020

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The ongoing U.S. travel crisis is causing thousands of job cuts as the aviation sector waits for passengers to return to the skies but braces for years of lower demand because of the coronavirus pandemic. U.S. airlines are slashing hundreds of thousands of flights, cutting schedules by 80 percent or more through at least June and parking thousands of jets as demand for tickets has plunged by about 95 percent. Airlines are requiring facial coverings and implementing new cleaning procedures to try...

Read More
news image

Commercial Aviation

UAV FACTORY, A PORTFOLIO COMPANY OF AE INDUSTRIAL PARTNERS, ACQUIRES JENNINGS AERONAUTICS

AE Industrial Partners | September 16, 2021

AE Industrial Partners, LP ("AEI"), a US-based private equity firm specializing in aerospace, defense & government services, space, power generation, and specialty industrial markets, announced today that it has expanded its Unmanned and Autonomous platform through the acquisition of Jennings Aeronautics, Inc. ("JAI"), a leading provider of innovative Small Unmanned Aerial Systems . JAI will be combined with UAV Factory, a global leader in tactical Unmanned Aerial Vehicle...

Read More
news image

AVIATION TECHNOLOGY

ALEF LAUNCHES THE ALEF FLYING CAR, FIRST AND ONLY DRIVABLE FLYING CAR WITH VERTICAL TAKEOFF AND LANDING FITTING TODAY'S ROAD INFRASTRUCTURE

Alef | October 21, 2022

Alef Aeronautics, an advanced technology company creating alternative transportation solutions for surging traffic trends, today introduces the Alef "Model A", the only flying car with street driving and vertical take-off. The Alef Model A flying car fits within existing urban infrastructure for driving and parking. The company plans to begin production and initiate first deliveries in Q4 of 2025 The first Alef flying car is available for pre-sale to consumers on October 19, 2022 for $...

Read More
news image

BUSINESS AVIATION

CDB AVIATION DELIVERS FIRST A320NEO AIRCRAFT TO FLYNAS

CDB Aviation, | February 19, 2022

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the delivery of the first of up to five Airbus A320neo aircraft to a new airline customer, flynas, the Saudi Arabia-based air carrier. “This latest addition of NEO aircraft to flynas’ growing fleet advances its ambitious plans to expand the fleet and increase the scope of its offerings in line with the Vision 203...

Read More
news image

US AVIATION SECTOR WITNESSES MOST JOB CUTS AMIDST TRAVEL LOCKDOWN, BOEING TO ELIMINATE 10% WORKFORCE

Boeing | May 03, 2020

The ongoing U.S. travel crisis is causing thousands of job cuts as the aviation sector waits for passengers to return to the skies but braces for years of lower demand because of the coronavirus pandemic. U.S. airlines are slashing hundreds of thousands of flights, cutting schedules by 80 percent or more through at least June and parking thousands of jets as demand for tickets has plunged by about 95 percent. Airlines are requiring facial coverings and implementing new cleaning procedures to try...

Read More