China launches first domestically-made aircraft carrier
Carrier is based on the former Soviet Union’s Kuznetsov class design.
Lockheed Martin Canada opens Ottawa partnership and innovation centre
Will bring Canadian industry and academia together for critical research, development and technology advancement.
Drone-maker Aero Kinetics being sold for $24M to London’s Strat Aero
Acquisition will assist in software, hardware and services related to UAVs.
Lockheed Martin to cut 500 information systems jobs
Defence manufacturer says it is adjusting to government priority shift; cuts amount to less than 1% of total workforce.
Alcoa buys titanium supplier RTI for $1.5B
Steel producer says acquisition will broaden its push into the aerospace industry.