Aerospace News

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reports continued progress in the ongoing project with Cyclezyme AB, a leader in advanced enzyme-based plastic recycling, based in Sweden. The project exemplifies leading edge innovation in materials science, focusing on the development of enzyme-based recycling of industrial textiles primarily consisting of polyester and polyamide, where there is currently a significant lack of effective solutions for circular mater...

TAIPEI, Taiwan--(BUSINESS WIRE)--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global defense technology leader, today announced that it has signed a memorandum of understanding (MOU) with Ubiqconn Technology Inc. (“Ubiqconn”), a Taiwan-based rugged controller and industrial computing solutions provider, to advance collaboration on uncrewed systems and mission management capabilities in support of Taiwan’s defense modernization and indigenous unmanned aircraft systems initiatives. The MOU establ...

MILFORD, Conn.--(BUSINESS WIRE)--Talon Precision today announced the official launch of its mission to build the premier precision machining and advanced manufacturing company serving aerospace, defense, medical, semiconductor, and other critical end markets. The company seeks to support the re-shoring of the American manufacturing base and develop the next generation of world-class machinists and engineers. Talon Precision is acquiring and building high performing precision manufacturing compa...

MANCHESTER, Ga.--(BUSINESS WIRE)--Rare Earths Americas, Inc. ("REA" or the "Company") has awarded the Alpha Initial Assessment (“IA”) contract under S-K 1300 to Hatch Ltd. ("Hatch"), a global multidisciplinary management, engineering, and development consultancy. Hatch has multiple decades of technical experience in the mining, energy, and infrastructure sectors with an international presence. In addition, Hatch has experience supporting technical studies in rare earths (“RE”), including extens...

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan or Corporation") (TSX: MAL) announced today that the Toronto Stock Exchange has accepted notice filed by Magellan to make a normal course issuer bid (“NCIB”) through facilities of the Toronto Stock Exchange (the “TSX”) and other alternative Canadian trading systems. The notice provides that Magellan may, during the 12 month period commencing June 15, 2026 and ending June 14, 2027, purchase for cancellation up to 2,...

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE: ETN) today announced the next step in Eaton’s ongoing portfolio transformation. Eaton entered into a definitive agreement with Dana Incorporated (NYSE: DAN) under which Eaton will separate and combine its Mobility Group with Dana in a Reverse Morris Trust (RMT) transaction creating a combined company valued at over $10 billion. The separation of the Mobility Group marks the next step in Eaton’s ongoing portfolio transfor...

SOLANA BEACH, Calif.--(BUSINESS WIRE)--AEVEX Corp. (NYSE: AVEX) today announced the delivery of a $12.3 million multi‑mission DHC‑6-300 Twin Otter aircraft to the Oregon Department of Forestry (ODF), expanding the agency’s aerial wildfire detection, situational awareness, and all-hazard response capabilities ahead of the 2026 fire season. The aircraft includes a suite of advanced sensing, mapping, and mission‑system technologies, enabling ODF to rapidly identify new fire starts, monitor evolvin...

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright CEO, Lynn Bamford, and CFO, K. Christopher Farkas, will participate in the 2026 NYSE European Investor Conference in London....

TOKYO--(BUSINESS WIRE)--OKI (TOKYO:6703) has been selected as the representative organization for the technology development project titled “Development and Global Deployment of a Next-Generation Infrastructure Monitoring System Through Close Integration of Satellites and Ground Sensors,” proposed jointly with LTS, Inc. (Head office: Minato-ku, Tokyo; President and Representative Director: Hiroaki Kabashima; “LTS”). The project comes under the technology development theme “Acceleration of Imple...

NEW YORK & WEST PALM BEACH, Fla.--(BUSINESS WIRE)--OceanSound Partners adds Ken Wolff as Partner and Chief Legal Officer...