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Airbus bets on helicopter tech for war drones, expands facilities to double production by 2027Aerospace giant Airbus is enhancing its drone capabilities. The company is developing drones to work alongside manned aircraft. This initia...- Sirius Airlines in discussions with Textron Aviation to acquire 20 Cessna aircraft for $600 mnSirius Aviation Airlines is in advanced discussions with Textron Aviation to acquire 20 Cessna Citation Longitude aircraft for USD 600 mill...
- Boeing shares rise 3% after labor offer but analysts wary of worker pushbackBoeing shares rose by 3% as a new labor contract proposal raised hopes of ending a month-long strike affecting 737 MAX production. The cont...
- Iran's president accident: All about the crashed Bell helicopter that killed Ebrahim RaisiA Bell 212 helicopter carrying Iran's president and foreign minister crashed in heavy fog on Sunday, with all feared dead, according to sta...
- What we know about the crashed helicopter carrying Iran's presidentA Bell 212 model helicopter, developed by Bell Helicopter for Canadian military, crashed in Iran, killing top officials. The aircraft, know...
- Textron announces option to sell up to 1,500 Cessna Citation aircraft to NetJetsTextron Aviation and NetJets sign an agreement that would give the private jet firm owned by Berkshire Hathaway an option to buy up to 1,50...
- BAE agrees to buy Ball Aerospace for $5.55 billionBAE Systems is set to acquire Ball Corp's aerospace assets for $5.55 billion cash, after it outbid defense companies such as General Dynami...
- Aviation supply chain faces mounting strain as demand picks upAerospace has, so far, avoided the scale of supply woes faced by auto makers and machinery cos as planemakers Boeing Co and Airbus are prod...
- No airport crowds: Wealthy travellers buy pre-owned luxury jets for smoother commuteSecond-hand aircrafts are in the t-buy list of affluent buyers.
- Wall Street falls as trade anxieties spikeFarm equipment maker Deere & Co was the biggest percentage loser on the S&P 500.
- Pentagon moves India office out, reduces manpowerThe downgrade is significant – from being right next door to the US defence secretary, the India office is now housed in a largely administ...
- Rafale deal: India has €185 million bank guarantee on offsetIndia has secured a €185 million guarantee from Dassault as a safeguard against any violations.
- Textron to wind down business in India as offset penalties hurt operationsTextron, which has already supplied CBU 105 Sensor Fuzed Weapons to the Indian Air Force, was recently penalised $300,000 by the defence mi...
- US updates jet-engine technology transfer policy with IndiaDuring the meeting, the two leaders discussed ways and means to move the ambitious Defence Technology and Trade Initiative (DTTI) forward.
- Bell helicopter ties up with India's Dynamatic TechnologiesThe agreement, which establishes Dynamatic as a single source supplier of major airframe assemblies, follows a MoU signed in 2012.
- BEL, American firm Textron Systems sign MoU for unmanned sensors along borderState-owned Bharat Electronics Limited and American defence major Textron Systems have signed an MoU for providing unmanned sensors to guar...
- Beechcraft draws takeover interest from 3 suitors, including Mahindra & MahindraFirst-round bids are in and Beechcraft’s management team is scheduling talks with potential bidders, one of the people said.
- US aircraft maker Textron eyes India's defence space"We have wanted to enter that space. We are better positioned today from a product portfolio standpoint and it has to satisfy missions that...
- Largest US trade delegation to attend Aero India showCorporate America is sending one of its largest industry delegations to the Aero India 2013 show in Bangalore.
- Damania to set up pilot training centreParvez Damania, of the erstwhile Damania Airways fame, is finalising plans to set up a pilot training institute in Maharashtra.
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