Category: Aerospace
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Uncertain future for over 2,700 Belfast aerospace jobs as takeover stalls
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Concerns are mounting for the future of Northern Ireland’s largest private employer, with 2,700 jobs at risk at Spirit Aerosystems’ factory in Belfast. The site impasse stems from complications in a takeover deal involving Boeing, which has agreed to acquire Spirit, and Airbus, which has said it will buy only…
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NASA to integrate Odysight.ai cameras into aerospace vehicles
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Every few years NASA launches a new hypersonic spacecraft that defies the laws of physics with a more modern jet engine, more fuel efficiency and lighter materials. For example, the X-43A hypersonic research aircraft can fly at Mach 5, five times the speed of sound, and has made breakthroughs in…
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Farnborough Airshow 2024 Yields £13bn in Deals for UK Aerospace Industry
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The 2024 Farnborough International Airshow has announced deals worth at least £13 billion for the UK, according to the ADS Group, the UK trade association for the aerospace, defence, security and space sectors. By Thursday evening, ADS had estimated the total value of deals at £81.5bn, highlighting the “confidence, resilience…
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UK Government Invests £103 Million in Green Aerospace Technology
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Business and Trade Secretary Jonathan Reynolds has announced more than £100 million of government and industry funding to support pioneering green aviation technology projects, kicking off the Farnborough Airshow 2024. This initiative confirms the government’s commitment to supporting the aviation and advanced manufacturing sector as part of its new industrial…
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GE Aerospace developing hybrid engines for single-aisle jets By Reuters
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Written by Rajesh Kumar Singh EVENDALE, Ohio (Reuters) – General Electric Aerospace is developing a hybrid electric motor that it hopes will power the next generation of narrow-body aircraft by the middle of the next decade. While this technology is still being tested, if GE succeeds, it could produce aircraft…
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Bridger Aerospace reports record Q1 revenue in 2024 By Investing.com
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Bridger Aerospace (ticker not provided) has reported a record first-quarter revenue of $5.5 million for fiscal 2024, a significant increase from the $365,000 in the same quarter of the previous year. This increase was attributed to the early deployment of Super Scooper and surveillance aircraft to Texas and Oklahoma. Despite…