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FPT and SATS Partner to Advance AI and Digital Innovation in Aviation Logistics

SINGAPORE--(BUSINESS WIRE)--Global technology corporation FPT has signed a Memorandum of Understanding (MOU) with SATS Ltd, one of the world’s leading providers of air cargo handling services and Asia’s leading airline caterer. The agreement establishes a framework to explore and develop strategic collaborations focused on artificial intelligence (AI) and digital innovation across Singapore, Vietnam, and the broader APAC region. This partnership combines SATS’ deep expertise in ground handling...
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President Trump’s Transportation Secretary Sean P. Duffy Becomes First Transportation Secretary to Fly in Next Generation Vertical Take-off and Landing Aircraft

BURLINGTON, Vt.--(BUSINESS WIRE)--U.S. Transportation Secretary Sean P. Duffy on Friday became the first Transportation Secretary in American history to fly in an electric vertical take-off and landing aircraft (eVTOL). Secretary Duffy’s historic flight — which marks an important milestone in development of these next generation aircraft — took place at BETA Technologies, Inc. (NYSE: BETA) headquarters in Vermont. eVTOLs are aircraft that have the potential to generate new jobs, connect communi...
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SES Launches Multi-Orbit Satellite Connectivity on Mexico’s Viva

LUXEMBOURG--(BUSINESS WIRE)--SES, a leading space solutions company, and Viva, Mexico’s ultra low-cost airline, launched fast and reliable multi-orbit satellite inflight connectivity service on Viva’s Airbus aircraft, strengthening SES’s position as a leading provider of satellite-powered broadband inflight service in the Americas and around the world. “Viva’s passengers will soon benefit from reliable, multi-orbit satellite connectivity that will provide the same fast and dependable internet a...
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WWEX Group and Auctane Complete Merger, Creating Leading Logistics Provider ShipStation Global

DALLAS & AUSTIN, Texas--(BUSINESS WIRE)--WWEX Group, a leading third-party logistics provider of parcel and freight services, and Auctane, a global technology company known for products including ShipStation, Stamps.com, Metapack, and Packlink, today announced the successful completion of their merger. The combined company will operate as ShipStation Global and is backed by Thoma Bravo, the world’s largest software-focused investment firm. CVC Funds and other existing WWEX Group investors retai...
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Astronics Announces 20% Class B Stock Distribution

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Announces 20% Class B Stock Distribution...
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VSE Corporation Announces June 2026 Investor Conference Schedule

MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC, VSECU, “VSE”, or the “Company”) a leading provider of aviation aftermarket distribution and repair services, announced today that VSE Corporation’s senior management will participate in the following upcoming conferences. William Blair's Growth Stock Conference will be held in Chicago, Illinois, on Tuesday, June 2, 2026. John Cuomo, President and CEO and Michael Perlman, VP of Investor Relations & Treasury will participate in on...
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Motorola Solutions to Acquire D-Fend Solutions, an Industry Leader in Counter-Drone Systems

CHICAGO--(BUSINESS WIRE)--Motorola Solutions (NYSE: MSI) today announced it has entered into a definitive agreement to acquire D-Fend Solutions (D-Fend), an industry leader in counter-drone technology, for a purchase price of $1.5 billion. D-Fend’s field proven technology is trusted by government, public safety and enterprise organizations, with thousands of deployments across more than 30 countries, with annual revenue growth of over 50% over the last three years and expected full year 2026 re...
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FedEx Freight Completes Spin-Off and Begins Trading on the New York Stock Exchange

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Freight completes spin and commences trading on June 1, 2026....
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FedEx Completes Spin-Off of FedEx Freight

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX, “FedEx”) today announced the completion of its spin-off of FedEx Freight Holding Company, Inc. (NYSE: FDXF, “FedEx Freight”), establishing FedEx Freight as an independent, publicly traded company and focused leader in the North American less-than-truckload (LTL) industry. FedEx Freight common stock will begin “regular way” trading today on the New York Stock Exchange (“NYSE”) under the ticker symbol “FDXF.” FedEx will continue to trade on...
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Sky Harbour to Present and Host Investor Meetings at the RBC Capital Markets Global Energy, Power & Infrastructure and at the Annual East Coast “IDEAS” Conference

WEST HARRISON, N.Y.--(BUSINESS WIRE)--Sky Harbour Group Corporation (NYSE: SKYH, SKYH WS) (“SHG” or the “Company”), an aviation infrastructure company building the first nationwide network of Home-Basing campuses for business aircraft, today announced that it will present and hold investor 1x1 meetings at the 2026 RBC Capital Markets Global Energy, Power & Infrastructure Conference (EPIC), on June 2–3, 2026 at the Westin Grand Central Hotel in New York, NY and the East Coast IDEAS Investor...