U.S. Air Tool Company (USATCO), a longstanding supplier of aerospace-grade tooling and fastening systems, has announced that it will now engage directly with customers in the United Kingdom for orders, inquiries, and technical support. This shift is intended to streamline…
CLEVELAND (October 2025) , TransDigm Group Incorporated has completed its acquisition of the Simmonds Precision Products, Inc. business (formerly part of Goodrich Corporation) from RTX Corporation for approximately USD 765 million in cash, inclusive of certain tax benefits. The deal had been announced…
Ashland Place Finance LLC has appointed Sarah Conway as Director, reinforcing the firm’s commitment to expanding its structured finance capabilities across capital-intensive industries. Conway brings over a decade of experience in aviation and equipment finance, with a track record of…
Wave Function Ventures has announced the close of its $15 million Fund I, dedicated to supporting early-stage deep tech founders across the United States. The fund targets companies developing foundational technologies in areas such as artificial intelligence, robotics, and advanced…
Inversion, a Los Angeles-based aerospace and defense technology company, has introduced Arc, a reusable reentry spacecraft designed to deliver mission-critical cargo from orbit to any location on Earth in under an hour. The announcement marks a significant step toward establishing…
ENNOVI has announced a strategic expansion beyond its core automotive market, positioning itself to serve industries undergoing rapid transformation through electrification and artificial intelligence. The move reflects the company’s intent to apply its expertise in connectivity, powertrain systems, and signal…
Frazier Aviation, a long-standing provider of sustainment solutions for the global military aircraft aftermarket, has announced key additions to its senior management team. The appointments are aimed at strengthening business development, operational efficiency, and government contracting capabilities as the company…
Phantom Space Corporation has appointed co-founder and Chief Technology Officer Chris Thompson as President, consolidating strategic and technical leadership under one of the industry’s most experienced engineering executives. Thompson will continue to serve as CTO while assuming broader operational oversight…
General Dynamics Information Technology (GDIT), a business unit of General Dynamics, has been awarded a $1.25 billion task order under the Enterprise Mission Information Technology Services 2 (EMITS 2) contract. The award supports the U.S. Army Europe and Africa’s evolving…
Akkodis, a global engineering and digital solutions firm, has signed a strategic agreement with Deutsche Aircraft to support the development of future-ready regional aircraft. The collaboration will focus on integrating advanced engineering services, digital technologies, and sustainable design practices into…