Transportation Department to Provide Aid to Aviation Industry

The airline industry as a whole has been struggling ever since the pandemic began. Manufacturers and airlines alike saw a severe decrease in activity, which led to many of them spending large amounts of money and furloughing or laying off workers while making little profit in return. As such, the government has taken steps to …

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Trump to Raise Tariffs on European Aircraft Imports

More tariffs

Along with China, the United States has also been engaged in a trade standoff with Europe. While tensions have begun to ease with the Chinese, in Europe, there is still much to be covered. In an effort to see results, the Trump administration is continuing to apply some pressure of its own. This past weekend, …

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Boeing Posts First Annual Loss In Over 20 Years

boeing

For the first time in over two decades, Boeing has confirmed the aerospace giant lost $1 billion in the fourth quarter of 2019 on the heels of a 37% loss in revenue. Boeing claims losses totaled $636 million in 2019. Two fatal crashes and the subsequent grounding of all of the company’s new 737 Max …

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SpaceX’s Latest Test Improves Commercial Spaceflight Progress

Dagon capsule

Not many people would consider destroying a rocket in mid-flight to be a success. Yet, for those at SpaceX, that’s exactly what they achieved this past Sunday. The test was another important step towards the company’s goal of achieving commercial passenger spaceflight. To conduct the test, SpaceX launched a Falcon 9 rocket along with an …

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United Technologies and Raytheon Announce Merger

In one of the largest corporate mergers this year, United Technologies and Raytheon have announced that they have agreed to what they called a “merger of equals”. In the announcement made this past Sunday, June 9th, both companies agreed to an all-stock deal that would give United Technologies shareholders a 57% ownership stake in the …

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China’s Biggest Airlines Demand Compensation From Boeing

737 max

Boeing is facing compensation claims from three of China’s biggest airlines, which have all grounded dozens of 737 Max jetliners since the Ethiopian Airlines crash that led to the death of all 157 passengers back in March. Air China, China Eastern, and China Southern, which are all controlled by the state, said Wednesday (5/22/19) that …

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Long-Time NASA Supplier Honored

ORANGE COUNTY BUSINESS HERITAGE U.S. REP. LOU CORREA COMMEMORATES SANTA ANA-BASED MANUFACTURER AND SUPPLIER TO NASA’S SPACE SHUTTLE, INTERNATIONAL SPACE STATION AND COMMERCIAL AVIATION INDUSTRY More than 60 years of business in OC’s manufacturing landscape, weathering bull and bear markets in vital domestic industries. Santa Ana, Calif. – U.S. Rep. Lou Correa toured the 70,000 …

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Swedish Aircraft Manufacturer To Build New Factory In Indiana

Saab TX Trainer

Global defense and security company Saab has announced plans to build a new, state-of-the-art manufacturing facility in West Lafayette, Indiana. The new plant will manufacture a substantial portion of the U.S. Air Force’s next-generation T-X jet trainer. “This is a historic moment for Saab,” said President & CEO of Saab, Håkan Buskhe. “After careful consideration, …

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Metals Fraud the Cause of $700 Million Rocket Failure

Metals test fraud

According to NASA officials, falsified certifications on thousands of aluminum parts is the root cause of the failure of a 2011 satellite launch. The faked test results and subsequent faulty parts provided to NASA resulted in not one but two failed satellite launches. Sapa Profiles Inc., located in Oregon, has admitted that employees faked test …

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