Aerospace Assembly

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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.

DANIELSON, CT—SPIROL has acquired Ford Aerospace Ltd. of South Shields, UK.

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.

GREENSBORO, NC—Marshall Aerospace will build a new aircraft maintenance facility here, creating hundreds of new jobs.

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.

CHICAGO—Residents of Illinois and South Carolina recently named the “coolest thing” made in their respective states.

WASHINGTON—A group of former "Rosie the Riveters" from Michigan recently took part in an Honor Flight to the nation’s capital, where they met with lawmakers.

According to the Environmental Protection Agency, commercial airplanes and business jets contribute 10 percent of transportation-related carbon emissions in the U.S., and account for three percent of the nation’s total greenhouse gas (GHG) production.