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Magellan Aerospace Limited | November 25, 2022
Magellan Aerospace Corporation announced today, the award of a multi-year contract from Lockheed Martin Corporation (“LMCO”) for complex machined titanium components for all three variants of the F-35 aircraft. This multi-million dollar contract will be carried out at Magellan Aerospace’s facility in Kitchener, Ontario over the period of 2023 to 2027. The contract is for shipsets of machined wing tie bars for the aircraft’s leading edge flap. Magellan’s Kitchener fa...
Spirent Communications plc | September 20, 2021
Spirent Communications plc, the world leader in global navigation satellite system (GNSS) test and assurance solutions, today announced the launch of Spirent GNSS Foresight, an innovative cloud-based solution that lets operators know in advance where and when GPS or GNSS positioning is reliable for unmanned and autonomous journeys. GNSS Foresight accurately predicts where and when unmanned vehicles, air taxis, and drones can operate safely and dependably beyond visual line of sight (BVLOS), espe...
Airport Management
Castlelake | December 09, 2021
Castlelake, L.P., ("Castlelake") a global alternative investment manager with 16 years of experience investing in asset-rich opportunities, today announced it has acquired The Hyatt Regency DFW International Airport with Woodbine Development Corporation ("Woodbine"), a full-service real estate company with more than 40 years of development, investment, acquisition and asset management experience. The investment combines insight into passenger traffic and airlin...
Business Aviation
Paramount Business Jets | September 16, 2022
In honor of its continued record-setting number of monthly trip bookings and the company's fourth year on the Inc. 5000 list of the country's fastest-growing companies, acclaimed private aircraft charter broker Paramount Business Jets (PBJ) recently unveiled its enhanced jet card program offering clients expanded budgeting options and greater travel flexibility.Available in Emerald, Gold, and Platinum tiers, The Paramount Jet Card provides access to more than 4,000 of the safest and most...
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