Atlantic Aviation

Aviation Technology

Kaman | May 30, 2022

Kaman Corporation announced that it has entered into a definitive agreement with Parker-Hannifin Corporation under which Kaman will acquire Parker’s aircraft wheel & brake division for $440 million, subject to a customary working capital adjustment and the receipt of all necessary regulatory approvals (the “Transaction”). Parker is divesting Aircraft Wheel & Brake in order to secure approval from certain governmental authorities in connection with Parker’s previou...

Air Transport

Businesswire | April 28, 2023

Avolon, the international aircraft leasing company, announces a commitment to order 40 Boeing 737 MAX aircraft. The aircraft are scheduled for delivery between 2027 and 2030; and are valued at over $4 billion at current list price. Avolon delivered the first 737 MAX in 2017, along with the one thousandth 737 MAX earlier this year. This commitment builds on our strong relationship with Boeing and demonstrates our confidence in the long-term demand for this aircraft type. It will ...

Defense and Space

CLEAR | June 23, 2022

CLEAR announced the launch of our trusted and secure identity technology at Greenville-Spartanburg International Airport. GSP is CLEAR's first airport in the Carolinas, and 44th across the U.S. The launch is expected to create 17 jobs and generate $1.5 million annually in local economic activity. As part of the partnership, members in the CLEAR program can verify their identity simply by using their eyes or fingerprints, replacing the need to show their driver's license. A...

Air Transport

SandboxAQ | February 06, 2023

An enterprise SaaS company, SandboxAQ delivers the compound effects of AQ (AI and Quantum) technology to governments and the Global 1000. It recently announced that the U.S. Air Force had awarded the company the Direct-to-Phase-II SBIR (Small Business Innovation Research) contract to research quantum navigation technologies. SandboxAQ will advance research and development for its quantum navigation system, as mentioned in the contract awarded. The quantum navigation system is be...