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Boeing Invests In Self-Guided Drone Startup Near Earth Autonomy

Bloomberg News (10/19, Hull) reports, “Boeing Co. is investing in Pittsburgh-based Near Earth Autonomy, a self-guided drone startup, marking its first financial backing for a company specializing in autonomous technology since establishing the HorizonX venture fund in April.”

Airbus, Boeing, Lockheed Singing Praises of Composites

Starting during the Wright Brothers era, the use of composites in aircraft has evolved throughout the years. From small amounts on nonstructural components to up to half of some aircraft and use on critical structures, such as wings.

Airbus, Bombardier Forge Industry-Shaking C Series Agreement

Described by CEO Tom Enders as a “win-win-win situation for everyone,” Airbus’s unparalleled agreement to acquire a majority stake in the C Series airliner without paying anything is both the deal of the century for the European giant and a lifeline for Bombardier.

Northrop Grumman to acquire Orbital ATK for $9B

FALLS CHURCH and DULLES, Va. – Sept. 18, 2017 – Northrop Grumman Corporation (NYSE: NOC), a leading global security company, and Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today announced they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of $1.4 billion in net debt.