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DoD Invests $117M to Strengthen Microelectronics Industrial Base

DoD Invests $117M to Strengthen Microelectronics Industrial Base

As part of the nation’s effort to sustain the microelectronics manufacturing capability necessary for national and economic security, and in support of Executive Order 14017, America’s Supply Chains, the Department of Defense (DoD) has awarded a $117 million agreement to GlobalFoundries (GF).

GF…

HII Wins $249M Tactical Training Systems Contracts

HII Wins $249M Tactical Training Systems Contracts

MCLEAN, VA. — HII has been awarded two tactical training systems contracts by the Naval Air Warfare Center China Lake. The first contract, for aircrew electronic warfare tactical training, is a multiple-award, indefinite quantity/indefinite delivery (IDIQ) contract with a total ceiling value of $2…
Qantas Picks Rolls-Royce, Pratt to Power New Airbus Aircraft

Qantas Picks Rolls-Royce, Pratt to Power New Airbus Aircraft

Australian airline Qantas has committed to a deal for 12 Trent XWB-97 powered Airbus A350-1000s that will support its ambitions to operate the world’s longest commercial non-stop flights, allowing passengers to fly direct between London or New York to the Australian east-coast cities of Sydney and M…
Embraer Sells Two Portuguese Subsidiaries to Aernnova

Embraer Sells Two Portuguese Subsidiaries to Aernnova

ÉVORA, Portugal — Embraer and Aernnova concluded today the strategic partnership agreement announced in early 2022. Therefore, Aernnova now owns all shares of Embraer Metálicas and Embraer Compósitos, in an investment totaling approximately US$ 174 million.

For Embraer, this partnership is anot…


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