Tag

Aerospace And Defence

All articles tagged with #aerospace and defence

Boeing tops Airbus in 2025 orders as US demand fuels rebound
business1 month ago

Boeing tops Airbus in 2025 orders as US demand fuels rebound

Boeing outsold Airbus on gross orders in 2025 for the first time this decade, booking 1,075 gross orders (Airbus: 1,000) as countries rushed to buy US aircraft to curry favor with the Trump administration. Boeing delivered 600 commercial jets, while Airbus delivered 793, and the backlog climbed to about 6,130. The turnaround has been aided by FAA relief allowing Boeing to certify its own jets again and by the Spirit AeroSystems acquisition, with large orders from carriers like Alaska Airlines helping late-year momentum.

Pentagon takes $1bn stake in L3 Harris missile motors unit, stoking competition concerns
aerospace-and-defence1 month ago

Pentagon takes $1bn stake in L3 Harris missile motors unit, stoking competition concerns

The U.S. Pentagon is investing $1 billion in L3 Harris's missile-motors business via convertible preferred equity that will spin off into a new public company, with an IPO expected in late 2026. The move aims to bolster domestic rocket-motor supply for missiles like Patriot and Tomahawk, but it raises questions about conflicts of interest and competition in the defence industry.

UK, Italy, and Japan Launch Joint Venture for Next-Gen Fighter Jet
aerospace-and-defence1 year ago

UK, Italy, and Japan Launch Joint Venture for Next-Gen Fighter Jet

The UK, Italy, and Japan have formed a joint venture to oversee the development of a next-generation fighter jet under the Global Combat Air Programme (GCAP), aiming for completion by 2035. The venture, equally owned by BAE Systems, Leonardo, and Japan Aircraft Industrial Enhancement Co, will manage the design, development, and delivery of the aircraft. Discussions are ongoing about potentially involving Saudi Arabia as a financial partner. The project seeks to enhance defense capabilities against threats from Russia and China, with a focus on digital design and innovative engineering to reduce costs and time.