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magniX | December 08, 2021
magniX, the company powering the electric aviation revolution, has been selected by Tier 1 Engineering, specialists in the design & development of electric aircraft, to provide magniX electric propulsion units (EPUs) for the clean delivery of life-saving organs.
Tier 1 is developing the electric helicopter, by modification of the Robinson R44, for launch customer Lung Biotechnology PBC, which plans to acquire a fleet of aircraft to fly transplant organs. Tier 1 Engineering wil...
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...
PRnewswire | April 03, 2023
Stratolaunch LLC announces it has successfully completed a third captive carry flight of the Talon-A separation test vehicle, TA-0. The flight was the tenth for the company's launch platform Roc and marks the beginning of routine flight operations in Vandenberg Space Force Base's Western Range off California's central coast.
The flight, which lasted a total of five hours, performed risk reduction by practicing a variety of separation profiles and confirming telemetry...
Defense and Space
Curtiss-Wright Corporatio | July 06, 2022
Curtiss-Wright Corporation announced that it has completed the acquisition of the Safran Aerosystems Arresting Company for $240 million in cash. SAA is a designer and manufacturer of mission-critical, fixed-wing aircraft emergency arresting systems with a strong installed base of more than 5,000 systems worldwide including sales to more than 70 countries.
The acquisition of the Safran arresting systems business firmly establishes Curtiss-Wright as a leading global supplier of fixe...
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