Loar Holdings Inc.’s recent acquisition of Applied Avionics Inc. for approximately $385 million in cash represents a significant move in the aerospace and defense sectors. This strategic buyout underscores Loar’s intention to solidify its market position and expand its portfolio of high-quality com
In an era where sustainability is becoming a critical priority across various industries, the aviation sector is not lagging behind. The Everett, Washington-based company magniX is making significant strides in this direction through its participation in NASA's Electrified Powertrain Flight
The National Center for Defense Manufacturing and Machining (NCDMM) has made notable strides in enhancing its America Makes CORE platform and introducing the advanced data dissemination tool, Roadmapper 2.0. These updates represent a significant leap forward in the strategically vital field of
Tesla has long been at the forefront of automotive innovation, and its recent advancements in integrated die casting technology represent a revolutionary leap forward in car production. This transformative process, particularly evident in the manufacturing of the Tesla Model Y, is simplifying the
Air Arabia Group has cemented a strategic partnership with Honeywell, selecting its 131-9A Auxiliary Power Units (APUs) for 120 Airbus A320neo family aircraft. This agreement is set to include comprehensive maintenance support aimed at bolstering dispatch reliability and fleet availability while
Foxconn, the Taiwanese electronics giant known for its massive production of iPhones, is embarking on a significant transformation by diversifying its business model. The company plans to build a new 700-acre campus in Zhengzhou, China, to manufacture electric vehicles (EVs). This strategic move
