Aerospace News

UK-based aerospace firm adds production work to Queretaro facility
UK-based Meggitt Aircraft Braking Systems announced is moving its structural manufacturing operations in Akron, Ohio, to Kentucky and Mexico. As result of this closure, 70 jobs will be relocated. “After an extensive review of our current operations and customer demand, in what is a very competiti...
Honeywell seeks to avoid aerospace spin-off, increases dividend
Honeywell International Inc. announced plans to increase its annual divided by 12% last week as a way to reduce pressure from an activist investor who seeks to shed the aerospace business in order to boost shareholder value.  However, the company is not expected to spin off its aerospace unit and ...
MD Helicopters receives US$ 1.4 billion contract
Arizona-based MD Helicopters, Inc. (MDHI) announced that it has been awarded a 5-year, firm-fixed price Contract to provide an estimated quantity of 150 armed MD 530 aircraft and the required production support services, including program management, delivery support, pilot training, and maintenance...
Mexican aerospace industry going through “historic moment”
Historic milestones such as the re negotiation of the NAFTA or a change of government in the country, can not slow down the trend towards accelerated growth of the aerospace sector, thanks to its solid structural foundations, vast development of capabilities and high specialization. The aerospace se...
US proposes 219% duty on Bombardier’s CSeries jets
The U.S. Department of Commerce proposed a hefty 219% duty on Bombardier’s CSeries jets, accusing the Canadian company of receiving improper government subsidies, which gave an unfair advantage when selling south of the border. The Bombardier decision is likely to further harden Canada’s stance...