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Toshiba, Fortem Technologies, Inc. | March 23, 2021
Toshiba Corporation today declared that Toshiba Infrastructure Systems and Solutions Corporation, the Toshiba Group organization spend significant time in the worldwide infrastructure business (hereinafter Toshiba), has gone into an essential business collusion with Fortem Technologies, Inc. (from now on Fortem), and put 15 million USD in the organization. Fortem is an innovation chief in counter-drone security and Toshiba, through the coalition, intends to extend its radar-based security soluti...
Volatus Aerospace | April 06, 2023
Volatus Aerospace Corp. ("Volatus" or "the Company") announced today that it has completed the acquisition of Sky Scape Industries, LLC., of Woodbine New Jersey. The transaction was first announced in a press release on March 2, 2023. Expected 2023 revenue from existing inspection projects is C$1.4M of which approximately C$1M is recurring with margins, net income, and expenses within historical norms for projects of this nature.
Volatus has been providing in...
Elliott Aviatio | May 05, 2020
Elliott Aviation has announced a $3,000 per day guaranteed four-week downtime on standalone Citation Excel/XLS Garmin G5000 retrofits. Elliott Aviation has delivered an industry-leading 12 Garmin G5000 equipped Citation Excel/XLS aircraft. In addition, Elliott Aviation offers free avionics familiarization with all Garmin G5000 installations at their headquarters in Moline, IL. The Garmin G5000 for the Citation Excel/XLS replaces all existing Honeywell Primus 1000 avionics, including the autopilo...
AvAir | January 24, 2023
On January 23, 2023, one of the leaders in aviation aftermarket industry solutions provider, AvAir, completed an agreement with Sanad, a wholly owned subsidiary of Mubadala Investment Company (Mubadala). The agreement is to provide asset management solutions for a vast assortment of Airbus, Boeing, and Embraer components.
In addition, the material is made available for exchange to AvAir's worldwide customers' network. Sanad Group and AvAir will provide one of the world...
Defense and Space
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