TORONTO—Lockheed Martin recently completed a project to evaluate the automation of airframe manufacturing operations using six-axis robots equipped with artificial intelligence technology from Canadian tech startup Xaba.
Titanium has the highest strength-to-weight ratio of any metal. It’s as strong as some steels, but 45 percent lighter. Titanium is also prized for its corrosion resistance, fatigue resistance, crack resistance, and ability to withstand moderately high temperatures without creeping.
Missiles are the premier weapon of modern warfare. According to consulting firm Polaris Market Research, global sales of rockets and missiles are expected to increase from $58.3 billion in 2021 to $73.8 billion in 2026, growing at a cumulative annual rate of 4.8 percent.
The electric aircraft market is still in its infancy, but that hasn't stopped an ambitious group of innovators from developing a leaner, greener future of flight.
SEOUL—Hyundai Motor Group and a coalition of aerospace partners has started building a prototype for an autonomous vehicle to explore the surface of the moon.
ARLINGTON, VA—A stronger-than-expected travel recovery has forced airlines to keep older jets in service for longer, helping companies such as Raytheon through sales of spare parts and other aftermarket services.
WASHINGTON—Investors are clamoring for details on the extent of the new supplier quality problem by Spirit AeroSystems, announced in April 2023, which Boeing said involves a "significant" portion of the 737 fleet. The problem involves two brackets were improperly installed.