Past strategic action on the part of Diehl’s management continues to boost the firm’s results. Most notably, during the Great Recession, Diehl responded quickly to opportunities, snapping up an Airbus interiors facility, which reshaped the company’s aerospace market presence. Continue reading
After a summer of speculation, United Technologies Corp (UTC) and Rockwell Collins announced that they have reached a definitive agreement under which UTC will acquire Rockwell Collins in a cash and stock transaction valued at $30 billion. Continue reading
While new aircraft orders have slowed lately, the production of commercial aircraft is exceptionally vibrant. Airbus and Boeing are maintaining tremendous backlogs, and both manufacturers are ramping up production of their new fuel-efficient aircraft designs. This robust market is one that UTC Aerospace Systems is especially well positioned to capture. The combined entity offers a vast amount of product content – one-stop shopping – for commercial aircraft primes. The combination should also offer economies of scale, making product costs lower and even more attractive. Continue reading
Under the aegis of Ukraine’s state-owned defense conglomerate Ukroboronprom, Antonov is rapidly becoming the focal point of the country’s aviation industry.
The new ownership has not been idle with its acquisition. In June 2016, Ukroboronprom consolidated its aerospace holdings into a new Ukrainian Aircraft Corp centered on Antonov. This new group is aimed at helping the nation’s aviation industry to develop and to integrate into the global market. Further, the cluster will also help reduce redundancy in production, planning, procurement and marketing among its various operations. Perhaps most importantly, the formation of this corporation will help Ukraine sever ties with Russia’s United Aircraft Corp. Continue reading