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Taiwan has bolstered its defenses against potential Chinese aggression by receiving its first batch of 38 M1A2T Abrams tanks and additional HIMARS rocket systems from the U.S.
Dec. 20, 2024 - These upgrades, aimed at protecting key areas like Taipei, mark a significant improvement over outdated models but have sparked debate over prioritizing lighter, modern equipment for future warfare. With the new systems, Taiwan strengthens its final line of defense while enhancing its strike capabilities against mainland threats. (Defense News)
Dec. 20, 2024 - These upgrades, aimed at protecting key areas like Taipei, mark a significant improvement over outdated models but have sparked debate over prioritizing lighter, modern equipment for future warfare. With the new systems, Taiwan strengthens its final line of defense while enhancing its strike capabilities against mainland threats. (Defense News)
Boeing secured a significant $5.85 billion order from Pegasus Airlines for 100 737 MAX 10 jets, marking its largest MAX deal this year and reclaiming a major customer from Airbus
Dec. 20, 2024 - This deal underscores Boeing's recovery efforts after production setbacks and regulatory challenges, with deliveries starting in 2028 and options for 100 additional jets depending on market conditions. Despite ongoing FAA certification issues, Boeing now has over 4,300 orders for its 737 MAX family. (Reuters)
Dec. 20, 2024 - This deal underscores Boeing's recovery efforts after production setbacks and regulatory challenges, with deliveries starting in 2028 and options for 100 additional jets depending on market conditions. Despite ongoing FAA certification issues, Boeing now has over 4,300 orders for its 737 MAX family. (Reuters)
Taiwan's China Airlines announced a $12 billion fleet renewal, splitting an order for 10 Boeing 777-9s, 10 Airbus A350-1000s, and 4 Boeing 777-8 freighters, with deliveries starting in 2029
Dec. 19, 2024 - The move, aimed at replacing older aircraft and supporting future growth, reflects both business priorities and Taiwan's geopolitical considerations. Despite political sensitivities, the airline stated that its decision was free of external pressure. (Reuters)
Dec. 19, 2024 - The move, aimed at replacing older aircraft and supporting future growth, reflects both business priorities and Taiwan's geopolitical considerations. Despite political sensitivities, the airline stated that its decision was free of external pressure. (Reuters)
The U.S. Navy awarded Northrop Grumman a $3.5B contract to develop the E-130J TACAMO aircraft, the next-generation platform for nuclear command and control, replacing the legacy E-6B Mercury
Dec. 18, 2024 - The E-130J will integrate mission-critical systems, including Collins Aerospace’s Very Low Frequency communications, using Lockheed Martin’s C-130J-30 airframe to ensure secure communication with nuclear triad forces. Northrop’s team includes key partners like Lockheed Martin Skunk Works and Raytheon’s Crescent Systems, emphasizing the program's strategic importance to national security. (Breaking Defense)
Dec. 18, 2024 - The E-130J will integrate mission-critical systems, including Collins Aerospace’s Very Low Frequency communications, using Lockheed Martin’s C-130J-30 airframe to ensure secure communication with nuclear triad forces. Northrop’s team includes key partners like Lockheed Martin Skunk Works and Raytheon’s Crescent Systems, emphasizing the program's strategic importance to national security. (Breaking Defense)
STS Metals, a portfolio company of Tinicum, has acquired Valley Forge, a leading North American producer of custom forged titanium and specialty alloy products
Dec. 18, 2024 - This acquisition strengthens STS Metals’ capabilities, expanding its product offerings and capacity to serve demanding industries globally. The company remains committed to seeking additional opportunities in the high-performance aerospace metals sector. (PR.com)
Bell Textron will build a $630M facility in North Fort Worth to produce the V-280 Valor military aircraft, supported by over $46M in local and state incentives
Dec. 17, 2024 - The project, expected to create at least 520 high-paying jobs and career training opportunities, is part of a $70 billion U.S. Army program and marks a major economic win for Texas. Local leaders anticipate the development will bolster the region's economy and foster further investment. (NBCDFW)
Dec. 17, 2024 - The project, expected to create at least 520 high-paying jobs and career training opportunities, is part of a $70 billion U.S. Army program and marks a major economic win for Texas. Local leaders anticipate the development will bolster the region's economy and foster further investment. (NBCDFW)
Honeywell is considering spinning off its aerospace division, supported by activist investor Elliott Investment Management, which has pushed for the company's breakup amid underperforming shares
Dec. 16, 2024 - The aerospace unit, valued between $90 billion and $120 billion, accounted for 40% of Honeywell's revenue in the first nine months of 2024 and is poised to benefit from growing demand for jets and repairs. Honeywell will provide a strategic update with its Q4 results in January, as it continues realigning its portfolio with recent acquisitions and divestitures. (Reuters)
Dec. 16, 2024 - The aerospace unit, valued between $90 billion and $120 billion, accounted for 40% of Honeywell's revenue in the first nine months of 2024 and is poised to benefit from growing demand for jets and repairs. Honeywell will provide a strategic update with its Q4 results in January, as it continues realigning its portfolio with recent acquisitions and divestitures. (Reuters)
