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Defense and Space
L3Harris | September 22, 2022
L3Harris Technologies won a $91.5 million contract from Boeing to supply mission-management processors for the T-7A Red Hawk, the newest U.S. Air Force jet trainer in 60 years.The mission-management processors, developed specifically for the Red Hawk, collate multiple data streams, making the information a pilot has to process in-flight easier to decipher. The sensors and communication capabilities maximize battlespace awareness by connecting internal and external data networks and link video fe...
Ansys | January 31, 2022
The Nordic Air Racing Team, an official Air Race E team, successfully completed the world's first flight of an all-electric racing plane – the plane was designed and engineered with the help of Ansys (NASDAQ: ANSS) simulation solutions. As the official simulation software partner of Air Race E, Ansys enables teams to overcome some of the key engineering challenges of fully electric flight.
Air Race E, the world's first and only all-electric airplane racing championsh...
Skyservice | October 15, 2020
Skyservice Business Aviation Canada's leader in business aviation, today announced that Benjamin J. Murray will join Skyservice as President and Chief Operating Officer effective November 1, 2020 to drive the Company's strategic direction, operations and continuing growth. Following a period of transition, Mr. Murray will assume the role of President and Chief Executive Officer in early 2021. Emlyn David, currently President and Chief Executive Officer, will retain the role of Chie...
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...
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