Chinese authorities announced that they will restrict aviation and aerospace component and technology exports starting in July.
Aerospace
The aerospace industry in Singapore is expected to hire over 2,500 workers in the next three to five years to support its ongoing growth.
The aerospace industry in Singapore is expected to hire over 2,500 workers in the next three to five years to support its ongoing growth.
Airbus Group's corporate venture capital fund Airbus Ventures has announced its first investment that was extended to a Phoenix-based Local Motors Inc. Airbus Ventures is keen on startups in the aviation industry that support Airbus business strategy. Local Motors Inc develops open source designs for building cars, helicopters and airplanes.
A partnership between Boeing Co. and Lockheed Martin Corp. known as United Launch Alliance (ULA) has sealed a deal with Jeff Bezo's space company, Blue Origin. The new partnership agreement took place as Aerojet Rocketdyne Holdings was reported to have made an offer to buy the joint venture company for a reported amount of $2 billion cash.
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