TransDigm Group Incorporated announced that it has acquired the stock of Acme Aerospace from a subsidiary of Actuant Corporation, for approximately $40 million in cash. Acme supplies proprietary, highly engineered components to the commercial aerospace industry. Acme has annual revenues of approximately $18 million and employs approximately 90 people in its Tempe, Arizona facility. Acme […]
TransDigm acquires Acme Aerospace Read More »
Garmin International a unit of Garmin Ltd a global leader in satellite navigation, announced the G500, a new avionics suite designed specifically for Part 23 Class I and Class II aircraft, which are defined as single and twin-engine piston and turbine engine aircraft under 6,000 pounds. The G500 is similar in design to Garmin
Garmin reveals G500 all-glass cockpit for part 23 class I/II aircraft Read More »
Hawker Beechcraft Corporation (HBC) announced the launch of the new Beechcraft King Air C90GTx . The new C90GTx features enhancements to both payload and performance while remaining one of the greenest and most efficient aircraft available. The C90GTx marks the eighth major King Air upgrade the company has introduced since 2003.
Hawker Beechcraft announces launch of Beechcraft King Air C90GTx Read More »
The Saudi Ministry of Defence and Aviation (MODA) has ordered three additional A330 Multi Role Tanker Transport (MRTT) for the Royal Saudi Air Force, bringing its total order to six aircraft. Saudi had signed a first contract for three back in 2008. Deliver of the first aircraft is due in 2011. The six aircraft will
Saudi order for three additional A330 MRTT Tankers Read More »
Honeywell announced second quarter 2009 sales of $7.6 billion versus $9.7 billion in the second quarter of 2008 and earnings of $0.60 per share, compared to $0.96 per share in the second quarter last year. Cash flow from operations was $1,126 million versus $1,042 million in the second quarter of 2008 and free cash flow
Honeywell reports second quarter sales of $7.6 billion Read More »
SIA Engineering recorded a profit attributable to equity holders of $45.1 million, a decrease of $13.6 million or 23.2% from the same quarter last year. The Group operating profit of $12.3 million was $4.1 million or 25.0% lower compared to the first quarter last year. Revenue declined $6.0 million or 2.4% to $244.2 million mainly
SIA Engineering posts group profit of $45.1 million for 1st quarter 2009-10 Read More »
Triumph Group announced that Jeffry D. Frisby, Group President, Triumph Aerospace Systems Group, has been named President and Chief Operating Officer of the company. Richard C. Ill, currently President and Chief Executive Officer, has been appointed Chairman and will continue to serve as Chief Executive Officer of Triumph Group. David Kornblatt, currently Senior Vice President
Triumph Group names Jeffry D. Frisby President and COO Read More »
