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A Southwest Boeing 737 lost its engine cover during takeoff from Denver International Airport, striking a wing flap; the FAA is investigating
Apr. 7, 2024 - Passengers were put on another flight and arrived in Houston three hours late. This incident adds to recent mechanical problems under FAA scrutiny, including a separate Southwest incident in March, reflecting ongoing safety concerns within the aviation industry. (CNBC)
Apr. 7, 2024 - Passengers were put on another flight and arrived in Houston three hours late. This incident adds to recent mechanical problems under FAA scrutiny, including a separate Southwest incident in March, reflecting ongoing safety concerns within the aviation industry. (CNBC)
GE Aerospace stock surged following a 250% increase in its quarterly dividend, rising from 8 cents to 28 cents per share
Apr. 5, 2024 - The dividend hike came after GE Aerospace began trading independently post-split with GE Vernova, with Larry Culp leading as CEO, emphasizing the company's strong balance sheet and focus on innovation in flight technology. (Investopedia)
Apr. 5, 2024 - The dividend hike came after GE Aerospace began trading independently post-split with GE Vernova, with Larry Culp leading as CEO, emphasizing the company's strong balance sheet and focus on innovation in flight technology. (Investopedia)
Shield AI, Inc. will acquire Australia-based Sentient Vision Systems to form Shield AI Australia
Apr. 5, 2024 - The acquisition aims to integrate Sentient's ViDAR system with Shield AI's Hivemind AI pilot to offer advanced ISR capabilities at a lower cost, revolutionizing defense operations, especially in maritime areas. (Sentient)
Apr. 5, 2024 - The acquisition aims to integrate Sentient's ViDAR system with Shield AI's Hivemind AI pilot to offer advanced ISR capabilities at a lower cost, revolutionizing defense operations, especially in maritime areas. (Sentient)
Boeing and Airbus are considering a coordinated deal to divide operations of Spirit AeroSystems, a key supplier facing challenges
Apr. 4, 2024 - This move would mark the end of Boeing's two-decade outsourcing strategy allowing it to regain control of its supply chain, but it hinges on negotiations with its rival Airbus. Spirit has diversified to supply Airbus as well, making any potential split and absorption by the two aerospace giants a significant industry strategy shift. (Reuters)
Rolls-Royce has initiated flight tests of the Pearl 10X engine for the Dassault Falcon 10X, using a modified Boeing 747-200 as a flying testbed in Arizona
Apr. 3, 2024 - This test assess engine performance, handling, and various system checks over several months, with ground tests already evaluating its low-emissions combustor and new accessory gearbox. (Aviation Week)
Apr. 3, 2024 - This test assess engine performance, handling, and various system checks over several months, with ground tests already evaluating its low-emissions combustor and new accessory gearbox. (Aviation Week)
Boeing's 737 MAX production has sharply decreased due to increased quality checks and FAA audits
Apr. 3, 2024 - This production slowdown is expected to impact the wider aerospace industry, influencing flight schedules and leasing arrangements, while also affecting engine suppliers like CFM International, prompting concerns about a surplus buildup. (Reuters)
Apr. 3, 2024 - This production slowdown is expected to impact the wider aerospace industry, influencing flight schedules and leasing arrangements, while also affecting engine suppliers like CFM International, prompting concerns about a surplus buildup. (Reuters)
Lockheed Martin Ventures has invested in Helicity Space, a California startup focusing on fusion engines for spaceflight
Apr. 2, 2024 - Helicity's fusion technology aims to propel spacecraft efficiently for deep space travel, potentially reducing the need for large amounts of propellant. Lockheed Martin’s backing signifies confidence in Helicity's approach, with ongoing funding facilitating further testing and development. (Space News)
Apr. 2, 2024 - Helicity's fusion technology aims to propel spacecraft efficiently for deep space travel, potentially reducing the need for large amounts of propellant. Lockheed Martin’s backing signifies confidence in Helicity's approach, with ongoing funding facilitating further testing and development. (Space News)
Navy's F-35C fleet faces readiness challenges and cost overruns, prompting efforts to boost operational-level maintenance and enhance data collection
Apr. 2, 2024 - Despite progress, concerns persist over maintenance delays, supply shortages, and high sustainment costs, highlighting the need for strategic reforms to ensure combat readiness and affordability amidst tight budgets. (Defense News)
Apr. 2, 2024 - Despite progress, concerns persist over maintenance delays, supply shortages, and high sustainment costs, highlighting the need for strategic reforms to ensure combat readiness and affordability amidst tight budgets. (Defense News)
