Tag Archives: aerospace

Boeing has published its annual forecast for the commercial and defense aerospace market, the company reported on Tuesday. The report has analyzed the impact of the COVID-19 pandemic and Boeing's upcoming market dynamics. The 2020 Boeing Market Outlook (BMO) has reported that the commercial aviation and services markets will continue to face significant challenges as a result of COVID-19. 

The U.S. Space Force has awarded Aerospace Corp. a one-year, $1.11B contract option to engineer and integrate systems for the national space community.

Curtiss-Wright (NYSE: CW) has promoted company veterans Lynn Bamford and Kevin Rayment to president of defense and power segments and head of commercial/industrial segment, respectively.

Woodward, a supplier of aircraft and industrial parts, has agreed to merge with composites manufacturing company Hexcel in an all-stock transaction that would create a $6.4B integrated systems provider to the aerospace and defense sectors.

Belcan, a portfolio company of AE Industrial Partners, has acquired technology and systems engineering consultancy Base2 Solutions for an undisclosed sum.

Spire Global has established an office in Washington, D.C., to serve as a hub for the cloud analytics company to develop enterprise platforms designed to support government space data requirements. The D.C. facility represents Spire's third office in the country and its sixth worldwide.

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector was $11.1B in the third quarter of 2019 and the total deal value for year-to-date 2019 was $80.3B, increasing by 2.8x when compared with YTD 2018.

Jim Garrettson, founder and CEO of Executive Mosaic, presented Ellen Lord, undersecretary of defense for Acquisition and Sustainment (A&S) with the Department of Defense, with her third Wash100 Award on Thursday. 

Oklahoma City-based private equity firm Acorn Growth Companies has acquired counter-unmanned aircraft systems platforms developer Black Sage Technologies for an undisclosed sum.

Jacobs announced on Wednesday that its acquisition of KeyW has been completed. The move further positions Jacobs as a leader in high-value Government Services, and allows Jacobs’ Aerospace, Technology and Nuclear (ATN) business to further advance its strategy of delivering innovative and unique mission-oriented solutions for highly technical and high-consequence …