Category: Aerospace

  • GE Aerospace CEO Larry Culp: New Build and Commercial Aerospace Aftermarket ‘Couldn’t be Busier’

    GE Aerospace CEO Larry Culp: New Build and Commercial Aerospace Aftermarket ‘Couldn’t be Busier’

    Larry Culp discusses the booming aerospace industry and the role of GE Aerospace in meeting the growing demand. In a recent interview on CNBC’s “Last Call,” GE Aerospace CEO Larry Culp shared insights into the current state of the aerospace industry. Culp highlighted the unprecedented growth in both the new build and commercial aerospace aftermarket…

  • Indonesian Aerospace Secures Chinese Commitment for N219 Twin Turboprops

    Indonesian Aerospace Secures Chinese Commitment for N219 Twin Turboprops

    Indonesian Aerospace signs a letter of intent with China’s Linkfield Technologies for the purchase of 25 N219 twin turboprops, with potential production in Xinjiang province. Indonesian Aerospace, also known as PTDI, has recently announced a significant development in its expansion plans. The company has secured a letter of intent with China’s Linkfield Technologies for the…

  • November Funding Round-Up: Juul, Firefly Aerospace, and Next Insurance Lead the Pack

    November Funding Round-Up: Juul, Firefly Aerospace, and Next Insurance Lead the Pack

    Despite the holiday season, November saw a flurry of funding activity in the startup world, with several companies securing significant investments. From e-cigarette maker Juul to space tech company Firefly Aerospace, here are the top funding rounds of the month. November proved to be a fruitful month for startups seeking funding, defying the usual lull…

  • Rolls-Royce Aims to Quadruple Profit in Five-Year Plan

    Rolls-Royce Aims to Quadruple Profit in Five-Year Plan

    CEO Tufan Erginbilgic unveils strategy to boost performance, increase profit margins, and shed non-core assets Rolls-Royce, the renowned British engineering company, has unveiled an ambitious five-year plan to quadruple its profit by enhancing the performance of its jet engines and implementing cost-cutting measures. CEO Tufan Erginbilgic aims to achieve annual operating profits of up to…

  • Tamarack Aerospace Sets Records with Smartwing Technology

    Tamarack Aerospace Sets Records with Smartwing Technology

    Tamarack Aerospace’s innovative Smartwing technology earns recognition for record-setting flights in a modified Beechcraft King Air 350. Tamarack Aerospace, a leader in aviation technology, has recently garnered accolades from the National Aeronautic Association (NAA) and the European Federation Aeronautique International (FAI) for its groundbreaking Smartwing technology. This innovative upgrade, which includes extending the wingspan, adding…

  • Rolls-Royce Aims to Quadruple Profit in Five Years with Focus on Jet Engines and Cost Reduction

    Rolls-Royce Aims to Quadruple Profit in Five Years with Focus on Jet Engines and Cost Reduction

    CEO Tufan Erginbilgic unveils ambitious plan to boost annual operating profit to £2.8 billion by 2027, driven by improved performance of jet engines and cost-cutting measures. Rolls-Royce, the renowned engineering company, has unveiled a comprehensive strategy to quadruple its profit over the next five years. CEO Tufan Erginbilgic aims to deliver an annual operating profit…

  • Rolls-Royce Aims to Quadruple Profit by Boosting Jet Engine Performance

    Rolls-Royce Aims to Quadruple Profit by Boosting Jet Engine Performance

    CEO unveils ambitious plan to increase annual operating profit to £2.8 billion by 2027 Rolls-Royce, the renowned engineering company, has unveiled an ambitious strategy to quadruple its profit over the next five years. CEO Tufan Erginbilgic aims to achieve an annual operating profit of up to £2.8 billion ($3.5 billion) by 2027, a significant increase…

  • Rolls-Royce Aims to Quadruple Profit in Next Five Years with Ambitious Strategy

    Rolls-Royce Aims to Quadruple Profit in Next Five Years with Ambitious Strategy

    CEO Tufan Erginbilgic unveils a masterplan to boost Rolls-Royce’s profit by focusing on engine performance and cost reduction. Rolls-Royce, the renowned engineering company, has set an ambitious goal to quadruple its profit over the next five years. CEO Tufan Erginbilgic revealed a comprehensive strategy aimed at boosting the performance of its jet engines and reducing…

  • Rolls-Royce Aims to Quadruple Profit in Five-Year Plan

    Rolls-Royce Aims to Quadruple Profit in Five-Year Plan

    Rolls-Royce CEO unveils ambitious strategy to boost profit margins and cut costs, targeting annual operating profit of £2.8 billion by 2027. Rolls-Royce, the renowned engineering company, has revealed its ambitious plan to quadruple its profit in the next five years. CEO Tufan Erginbilgic aims to achieve an annual operating profit of £2.8 billion ($3.5 billion)…

  • SpaceX Acquires Pioneer Aerospace in a Bid to Save Vendor from Bankruptcy

    SpaceX Acquires Pioneer Aerospace in a Bid to Save Vendor from Bankruptcy

    Elon Musk’s rocket company makes a strategic move to acquire Pioneer Aerospace, a parachute manufacturer for space vehicles, to ensure the continuity of its supply chain. In a surprising move, SpaceX, the pioneering aerospace company founded by Elon Musk, has announced its acquisition of Pioneer Aerospace, a leading manufacturer of parachutes for space vehicles. The…

  • Collins Aerospace Introduces Arcus™: A Revolutionary Hybrid Image Generation System for Training and Simulation

    Collins Aerospace Introduces Arcus™: A Revolutionary Hybrid Image Generation System for Training and Simulation

    Collins Aerospace partners with Epic Games to launch Arcus™, an innovative image generator that combines advanced rendering technology with gaming capabilities for enhanced aircrew training. In a significant development for the training and simulation industry, Collins Aerospace, an RTX business, has unveiled Arcus™, a cutting-edge image generator that promises to revolutionize aircrew training. This hybrid…

  • 2020’s DNC and RNC are different than any before

    2020’s DNC and RNC are different than any before

    A New Era: Unprecedented Shifts Define 2020’s DNC and RNC 2020’s Democratic National Convention (DNC) and Republican National Convention (RNC) are unlike any before, as they navigate the uncharted waters of a global pandemic and a deeply divided nation. With the backdrop of a raging health crisis and widespread protests against racial injustice, these conventions…