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Defense and Space
BAE Systems | September 09, 2022
BAE Systems has received a $13 million contract for advanced Global Positioning System (GPS) technology to protect U.S. F-15E aircraft from GPS signal jamming and spoofing. The company’s Digital GPS Anti-jam Receiver (DIGAR) will ensure the reliability of military GPS systems for aircraft operating in challenging signal environments.DIGAR uses advanced antenna electronics, high-performance signal-processing, and digital beamforming – a capability that combines 16 steered beams &ndash...
American Airlines | July 22, 2020
American Airlines has postponed its plans for a new terminal at its Dallas Fort Worth hub. The airline had announced the US$3 billion build last year with a planned 2025 opening date. However, times have changed. American Airlines has confirmed the new terminal build is paused indefinitely. On Tuesday, chief financial officer Christopher Poinsatte said the new terminal, referred to as Terminal F, was delayed. He did not specify a time frame, rather used the word “indefinitely”...
Commercial Aviation
Ameriflight | August 25, 2022
Ameriflight announced significant changes to its pilot pay program. Pilots will receive an industry leading compensation package, including substantial increases at all steps of the pay scale and a six-figure retention bonus plan. First year, entry level Captains will now earn $76,500 in base salary while flying for the nation’s largest Part 135 Cargo airline.Details of the new compensation package include up to a 49% increase in first year, base pay and a retention-based bonus program whi...
Aerospace
Unical Aviation | July 20, 2021
Platinum Equity announced that it has signed an agreement to acquire Unical Aviation Inc. and certain of its affiliates from affiliates of the company's founders. Unical Aviation Inc. is a major supplier of aircraft parts and components to the global commercial aerospace industry. Unical Aviation, Unical MRO, Unical 145, and Unical Aero are all part of the deal. The sale to Platinum Equity does not include Unical Defense Inc., a subsidiary that handles government defense contr...
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