CEL Aerospace Group

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...

AVIATION TECHNOLOGY

Supernal | October 18, 2022

BAE Systems and Supernal announced an agreement to design and develop the flight control computer for Supernal’s electric Vertical Takeoff and Landing (eVTOL) vehicle In support of Supernal, BAE Systems will help define the architecture of a lightweight, fly-by-wire system for its autonomous-capable aircraft. The fly-by-wire controls will safely and efficiently control the aircraft during flight. The development of advanced, high-integrity controls is crucial to meet the demands of electri...

AEROSPACE

ONEflight International | April 05, 2022

ONEflight International, Inc. announced today that the company was chosen to be a private aviation partner to SALT, a global thought leadership and networking forum encompassing finance, technology and geopolitics. Their annual events confer approximately 2,000 investors, asset owners, managers, entrepreneurs, and policy makers under one roof with past speakers like Vice President Joe Biden, President Bill Clinton, President George W. Bush and Secretary Condoleezza Rice. Their nex...

AIR TRANSPORT

PRnewswire | May 26, 2023

Stratolaunch, LLC ("Stratolaunch") today announced that it has received approval from the U.S. Bankruptcy Court for the District of Delaware to acquire Virgin Orbit's modified Boeing 747 and its related parts and equipment, marking an expansion of Stratolaunch's air-launch fleet. The acquisition is expected to close by July 31, 2023. Stratolaunch is a technology accelerator that enables reusable and routine hypersonic testing through world-class aerospace vehic...