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Business Aviation
Textron Aviation | October 12, 2021
Textron Aviation, an industry leader in bringing new products and product updates to market, today announced the next generation Cessna Citation M2 Gen2 and Cessna Citation XLS Gen2 business jets. Unveiled on the eve of this week’s National Business Aviation Association - Business Aviation Convention & Exhibition (NBAA-BACE), the updates to the entry-level light jet and the midsize business jet usher in the next generation of aircraft design and technology, increasing comfort and produ...
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...
Commercial Aviation
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...
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...
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