Aerospace

Global Unmanned Aerial Vehicle Markets, Forecast & Opportunities, 2021-2026 - Focus on Defense & Security, Agriculture, Retail, Media & Entertainment, Among Others - ResearchAndMarkets.com

Tuesday, July 27, 2021 - 12:49pm

The Global Unmanned Aerial Vehicle Market is expected to grow at a formidable rate of around 18% during the forecast period.

Key Points: 
  • The Global Unmanned Aerial Vehicle Market is expected to grow at a formidable rate of around 18% during the forecast period.
  • The Global Unmanned Aerial Vehicle Market is driven by the increasing use of unmanned aerial vehicles across various end-user industries such as defense & security, agriculture, retail, media & entertainment, among others.
  • Additionally, increasing defense spending by the various governments across the globe and growing terrorist activities is further expected to positively influence the market growth during the forecast period.
  • The Global Unmanned Aerial Vehicle Market is segmented based on class, type, energy source, mode of operation, range, MTOW, end-user industry, company and region.

Additive Manufacturer Green Trade Association Announces New Members

Tuesday, July 27, 2021 - 12:59pm

The Additive Manufacturer Green Trade Association (AMGTA), a global trade organization created to promote the environmental benefits of additive manufacturing (AM), announced today that eight additional leading AM companies have joined the trade group to advance sustainability in AM, bringing its membership ranks to 28 members.

Key Points: 
  • The Additive Manufacturer Green Trade Association (AMGTA), a global trade organization created to promote the environmental benefits of additive manufacturing (AM), announced today that eight additional leading AM companies have joined the trade group to advance sustainability in AM, bringing its membership ranks to 28 members.
  • These five Founding Members will determine the strategic direction of the AMGTA, provide governance oversight, and consider future research projects that members may vote to commission.
  • Their collective pledge to support the AMGTAs mission well-positions our trade group for accelerated growth and investment in new sustainability research projects in additive manufacturing.
  • The AMGTA is a non-commercial, unaffiliated organization open to any additive manufacturer or industry stakeholder that meets certain criteria relating to sustainability of production or process.

Finland Upgrades CV90 Fleet, Extending Capabilities Into the 2030s

Tuesday, July 27, 2021 - 1:00pm

Finland is the latest in a series of CV90 customers to reinvest in the infantry fighting vehicle platform.

Key Points: 
  • Finland is the latest in a series of CV90 customers to reinvest in the infantry fighting vehicle platform.
  • (Photo: BAE Systems)
    The CV9030FIN prototype and test series vehicles will be upgraded first, with the remaining lifecycle upgrades carried out between 2022-2026.
  • Finland is the latest in a series of CV90 customers to significantly re-invest in the combat-proven Infantry Fighting Vehicle platform.
  • Four of seven nations in the CV90 User Club have recently signed contracts to extend the lifecycle of their fleets and enhance their vehicles capabilities.

Wencor Group hires Scott Herndon as President of Defense to lead its aerospace government and military efforts

Monday, July 26, 2021 - 9:09pm

Peachtree City, GA, July 26, 2021 (GLOBE NEWSWIRE) -- Wencor Group (Wencor), a leading solutions provider to the aerospace aftermarket, announced today that Scott Herndon has joined the company in the newly created role of President of Defense.

Key Points: 
  • Peachtree City, GA, July 26, 2021 (GLOBE NEWSWIRE) -- Wencor Group (Wencor), a leading solutions provider to the aerospace aftermarket, announced today that Scott Herndon has joined the company in the newly created role of President of Defense.
  • The new role, leading Wencors aerospace government and military efforts, will leverage Scotts deep and diverse aerospace knowledge.
  • Wencor has serviced the defense market for over 60 years and has a strong history of top performance on behalf of our customers.
  • The value proposition Wencor provides resonates now more than ever as we navigate through the aerospace recovery, Scott continued.

SkyWater Technology to Strategically Invest $56 Million in Capacity Expansion and Gallium Nitride Technology

Monday, July 26, 2021 - 10:00pm

The company intends to report actual second quarter fiscal 2021 financial results following the close of the market on Tuesday, August 3, 2021.

Key Points: 
  • The company intends to report actual second quarter fiscal 2021 financial results following the close of the market on Tuesday, August 3, 2021.
  • An archived webcast will be available on SkyWater Technologys Investor Relations page, https://ir.skywatertechnology.com .
  • SkyWaters Advanced Technology Services empower development of superconducting and 3D ICs, along with carbon nanotube, photonic and MEMS devices.
  • In future fiscal periods, we may exclude such items and may incur income and expenses similar to these excluded items.

Crane Co. Declares Third Quarter Dividend

Monday, July 26, 2021 - 10:00pm

Crane Co., a diversified manufacturer of highly engineered industrial products, today announced its regular quarterly dividend of $0.43 per share for the third quarter of 2021.

Key Points: 
  • Crane Co., a diversified manufacturer of highly engineered industrial products, today announced its regular quarterly dividend of $0.43 per share for the third quarter of 2021.
  • The dividend is payable on September 8, 2021 to shareholders of record as of the close of business on August 31, 2021.
  • Crane Co. is a diversified manufacturer of highly engineered industrial products.
  • Crane Co. has approximately 11,000 employees in the Americas, Europe, the Middle East, Asia and Australia.

Air Lease Corporation Announces Delivery of New Airbus A321neo Aircraft to SKY

Monday, July 26, 2021 - 9:31pm

Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321neo aircraft on long-term lease to SKY (Chile).

Key Points: 
  • Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321neo aircraft on long-term lease to SKY (Chile).
  • ALC is pleased to deliver this new Airbus A321neo aircraft to SKY and be the first to introduce the aircraft to the airline and country of Chile, said Matthew Stevens, Assistant Vice President of Marketing at Air Lease Corporation.
  • It is a privilege to work with SKY, and we believe this next generation aircraft will positively contribute to the airlines sustainability and fleet operations.
  • About Air Lease Corporation (NYSE: AL)
    ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.