Boeing and France-based Safran have formed a new joint venture that will develop and service auxiliary power units or onboard engines used to power aircraft while on the ground. Boeing said Monday both firms will own a 50 percent stake in the U.S.-based joint venture and that it expects the transaction to close in the […] More

Curtiss-Wright has announced a potential $240 million cash transaction to purchase the assets of Safran Aerosystems Arresting, an Aston, Pennsylvania-based supplier of aircraft arresting systems used by global militaries. Lynn Bamford, president and CEO of Curtiss-Wright and a previous Wash100 awardee, said in a statement published Friday the acquisition is aimed at expanding its global […] More

Electric Power Systems, a manufacturer of high-power energy storage systems, has secured Series A funding from Boeing and Safran to help further the production of next-generation battery technology.

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Boeing and France-based Safran have unveiled a new joint venture to design, develop and service auxiliary power units or engines used to start aircraft and related systems while on the ground. Etienne Boisseau will serve as CEO of the new JV, Initium Aerospace, which will operate in San Diego to build APUs in collaboration with Boeing and Safran teams on production and engineering, Boeing said Wednesday.
 

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A joint venture of Boeing and Safran has received clearances from regulators to kick off design, development and servicing work on onboard engines built to power aircraft while on the ground. Etienne Boisseau will serve as CEO of the new JV that will design auxiliary power units in San Diego, Boeing said Friday. “This joint venture strengthens Boeing’s […] More

GE Aerospace developed a computational fluid dynamics software that could be paired with the Department of Energy’s supercomputer, Frontier, to support engine development.  The company said Saturday it conducted simulations on Frontier using the software to evaluate the performance of a novel open fan engine architecture, which is showing promise in helping reduce carbon emissions […] More

Stan Deal, president and CEO of Boeing’s global services business, has said he is working with the heads of the Chicago-based aerospace firm’s defense and commercial segments to find new growth opportunities, AINonline reported Friday. Deal said he collaborates with CEO Dennis Muilenburg; Leanne Caret, president of Boeing’s defense, space and security segment; Greg Smith, chief […] More

The European Space Agency has selected five companies to study the feasibility of using a commercial microlauncher to deploy small satellites into orbit. ArianeGroup, MT-Aerospace, ELV, Deimos and PLD Space will conduct research on their proposed concepts, ESA said Thursday. France-based ArianeGroup, a joint venture of Airbus and Safran, proposed to develop the three-stage Quick Access to Space vehicle […] More

The U.K. government plans to invest nearly $73 million in seven research and development projects meant to support innovation in the British aerospace sector. The funds will be awarded through the Aerospace Technology Institute as part of the British government and industry’s commitment to invest as much as $5.3 billion in civil aerospace R&D initiatives by 2026, […] More

A General Electric subsidiary has begun development work on a U.S. blueprint that seeks to industrialize ceramic matrix composites and has invested at least $200 million to build two CMC manufacturing facilities in Huntsville, Alabama. GE Aviation said Friday it expects the two factories in Alabama to generate up to 20 metric tons of CMC […] More

Leonardo has secured an $11.6 million contract from a NATO agency to supply friend-or-foe identification systems for the Italian navy’s NH90 frigate helicopters. The company said Tuesday it will equip the NH90 fleet with the Mode 5 SIT434/5 IFF platform to help Italy’s naval personnel distinguish between potential threats and friendly forces. NATO member countries are required to install Mode […] More