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Page 4 - Aerospace

Aequs to set up MRO facility this year, plans to hire 1,000 more people

Bullish on growth opportunities, contract manufacturer Aequs is set to strengthen its aerospace manufacturing capabilities, expand consumer segment footprint as well as set up an MRO this year. The company will also ramp up manpower by around 1,000 people in the financial year ending March 2026, according to its Chairman and CEO Aravind Melligeri. Aequs -- which provides vertically integrated product solutions for the aerospace and consumer goods industries, including high precision electronics components -- currently has around USD 120 million annual revenues. Airbus, Boeing, Collins and Safran are among the aerospace customers of Aequs, which also has facilities in France and the US. Elaborating on the future plans, Melligeri mentioned about expanding into the precision consumer electronics space and setting up the Maintenance, Repair and Overhaul (MRO) jointly with Canada's Magellan Aerospace Corporation in 2025. Initially, the facility will start with works for turboprop ...

Aequs to set up MRO facility this year, plans to hire 1,000 more people
Updated On : 26 Jan 2025 | 6:40 PM IST

Sanlayan Tech buys Dexcel Elec to boost defence, aerospace innovation

Dexcel has contributed to major defence and space projects, including Jaguar and Sukhoi aircraft upgrades and ISRO's Chandrayaan-3 and Aditya-L1 missions

Sanlayan Tech buys Dexcel Elec to boost defence, aerospace innovation
Updated On : 23 Jan 2025 | 8:34 PM IST

Maha Kumbh 2025: Why did Juna Akhara expel Abhay Singh aka IIT Baba?

Juna Akhara expelled Abhay Singh or IIT Baba at Maha Kumbh for violating the sacred guru-shishya (master-disciple) tradition

Maha Kumbh 2025: Why did Juna Akhara expel Abhay Singh aka IIT Baba?
Updated On : 20 Jan 2025 | 2:30 PM IST

MoD to reform procurement policy in 6-12 months: Defence Secretary

Defence Secretary Rajesh Kumar Singh's remarks follow the MoD's decision to mark 2025 as the 'Year of Reforms' and its announcement of a possible Defence Acquisition Procedure 2020 revamp

MoD to reform procurement policy in 6-12 months: Defence Secretary
Updated On : 10 Jan 2025 | 8:30 AM IST

UP's Kanpur, 'Manchester of the East', pivots to military ware hub

The industrial town has netted investments in an array of defence and military projects across aircraft, drones, arms and ammunition, propellant systems, among others

UP's Kanpur, 'Manchester of the East', pivots to military ware hub
Updated On : 23 Dec 2024 | 7:43 PM IST

US defence giant RTX Corp aims to boost India headcount by 14% in 3 years

The jobs will be added across RTX's units, including around 300 engineers for aircraft engine maker Pratt & Whitney over the next 12-18 months

US defence giant RTX Corp aims to boost India headcount by 14% in 3 years
Updated On : 19 Dec 2024 | 12:37 PM IST

US sanctions Pak's defence agency over long-range missile proliferation

The United States on Wednesday slapped sanctions on four Pakistani entities, including the state-owned flagship aerospace and defence agency -- National Development Complex (NDC) -- on charges of them contributing to Pakistan's ballistic missile programme. In light of the continuing proliferation threat of Pakistan's long-range missile development, the United States is designating four entities for sanctions which targets proliferators of weapons of mass destruction and their means of delivery, the State Department said. In addition to the NDC, the three other entities are Akhtar and Sons Private Limited, Affiliates International and Rockside Enterprise. All three are based in Karachi, while the NDC is in Islamabad. The NDC has worked to acquire items in furtherance of Pakistan's long-range ballistic missile programme -- including special vehicle chassis intended to be used as launch support equipment for ballistic missiles and missile-testing equipment. The United States assesses

US sanctions Pak's defence agency over long-range missile proliferation
Updated On : 19 Dec 2024 | 8:06 AM IST

Aero Dienst GmbH enters Indian aviation space, to partner with AeroSource

The Germany-based aviation firm will offer a full range of MRO services, while its Indian partner will share its corporate network and help with the regulatory environment

Aero Dienst GmbH enters Indian aviation space, to partner with AeroSource
Updated On : 06 Dec 2024 | 7:13 PM IST

Honeywell to sell PPE biz to Protective Industrial Products for $1.33 bn

A potential sale of the PPE business was disclosed before activist Elliott Investment called for a split of the company's aerospace and automation businesses after taking a $5 billion-plus stake

Honeywell to sell PPE biz to Protective Industrial Products for $1.33 bn
Updated On : 22 Nov 2024 | 7:28 PM IST

Boeing workers strike over but aerospace giant still faces many challenges

Factory workers at Boeing have voted to accept a contract offer and end their strike after more than seven weeks, clearing the way for the company to restart idled Pacific Northwest assembly lines. But the strike was just one of many challenges the troubled US aerospace giant faces as it works to return to profitability and regain public confidence. Boeing's 33,000 striking machinists disbanded their picket lines late Monday after leaders of the International Association of Machinists and Aerospace Workers district in Seattle said 59 per cent of union members who cast ballots agreed to approve the company's fourth formal offer, which included a 38 per cent wage increase over four years. Union machinists assemble the 737 Max, Boeing's bestselling airliner, along with the 777 or triple-seven jet and the 767 cargo plane at factories in Renton and Everett, Washington. Resuming production will allow Boeing to generate much-needed cash, which it has been bleeding. Even for a company the

Boeing workers strike over but aerospace giant still faces many challenges
Updated On : 06 Nov 2024 | 7:46 AM IST

Govt imposes fine on US firm over delays in delivery of Tejas Mk1 engines

Initially, GE Aerospace was expected to begin engine deliveries in March 2023 to support HAL's production of Tejas Mk1. However, the first batch of engines is now anticipated to arrive by April 2025

Govt imposes fine on US firm over delays in delivery of Tejas Mk1 engines
Updated On : 04 Nov 2024 | 4:35 PM IST

L&T eyes aerospace expansion to ride India's $44 billion market push

BENGALURU (Reuters) - Larsen & Toubro Ltd (L&T), India's largest private-sector defense manufacturer by revenue, is looking to ramp up its aerospace division to strengthen its foothold in the country's burgeoning private space sector, a senior executive said on Thursday.

L&T eyes aerospace expansion to ride India's $44 billion market push
Updated On : 31 Oct 2024 | 7:05 PM IST

Hyderabad's BluJ Aerospace aims for hydrogen-powered air taxis by 2030

The eVTOL startup is scheduled to launch an air taxi service, connecting major cities in under 39 minutes by 2030, while also developing a zero-emission cargo aircraft set for debut by 2026

Hyderabad's BluJ Aerospace aims for hydrogen-powered air taxis by 2030
Updated On : 30 Oct 2024 | 6:02 PM IST

Boeing-made communication satellite explodes in space, reason unknown

This is not the first loss for Intelsat. Earlier in 2019, the company had lost another Boeing-made satellite, IS-29e

Boeing-made communication satellite explodes in space, reason unknown
Updated On : 23 Oct 2024 | 3:28 PM IST

GE Aerospace raises profit forecast on strong demand for aftermkt services

Production issues at Boeing and Airbus have led to slower delivery of newer planes, troubling the airline industry, which is seeing unprecedented demand for air travel

GE Aerospace raises profit forecast on strong demand for aftermkt services
Updated On : 22 Oct 2024 | 4:43 PM IST

GE Aerospace to supply engines for Indian Navy's six missile vessels

"Over 714 vessels globally rely on GE Aerospace's marine gas turbines for their reliability and availability," the company announced on Thursday

GE Aerospace to supply engines for Indian Navy's six missile vessels
Updated On : 18 Oct 2024 | 12:19 AM IST

After Boeing, Airbus to slash 2,500 jobs amid ongoing financial losses

These job cuts at Airbus, which represent around 7 per cent of its defence and space division's workforce, are expected to be implemented by mid-2026

After Boeing, Airbus to slash 2,500 jobs amid ongoing financial losses
Updated On : 16 Oct 2024 | 6:09 PM IST

Airbus likely to cut up to 2,500 jobs in defence, space divisions: Report

The European planemaker aims to implement the cuts, which represent 7 per cent of its workforce in the Defence & Space unit, by the middle of 2026

Airbus likely to cut up to 2,500 jobs in defence, space divisions: Report
Updated On : 16 Oct 2024 | 4:32 PM IST

DGCA orders safety risk assessment for B737 planes amid rudder concerns

The DGCA stated that all flight crews involved in B737 planes must be informed, through a circular or advisory, about the possibility of a jammed or restricted rudder control system

DGCA orders safety risk assessment for B737 planes amid rudder concerns
Updated On : 07 Oct 2024 | 8:19 PM IST

India and France strengthen aerospace ties, signs MoU for bilateral coop

Union Civil Aviation Minister Kinjarapu Rammohan Naidu led India's delegation in meet with French aerospace representatives at New Delhi today

India and France strengthen aerospace ties, signs MoU for bilateral coop
Updated On : 07 Oct 2024 | 6:17 PM IST