Aerospace News

Ventus Industrial Partners, a US-based private equity firm specializing in sectors critical to national security, announced the formation of Aeron Defense and the acquisitions of General Tool Company (GTC) and Magna Machine Company, in partnership with GenNx360 Capital Partners and Admiralty Partners.GTC and Magna were founded together by the Kramer family and are reuniting under the GTC name. Magna has expertise in large-part machining and turnkey large functional assemblies and will become GTC’s fourth manufacturing site.

NYK recently made an equity investment in Oceanic Constellations Inc. (OC) through a third-party allotment of new shares, funding expected to support OC’s efforts to establish a mass-production framework for unmanned surface vehicles (USVs), among other initiatives.OC, an ocean-tech startup, aims to establish a mass-production framework for USVs within the next few years. The large-scale production and social implementation of USVs will enable the creation of new marine infrastructure that contributes to addressing societal challenges such as ocean surveillance…

On February 5, NYK made an equity investment in Oceanic Constellations Inc. (OC) through a third-party allotment of new shares. The funds from this investment are expected to support OC’s efforts to establish a mass-production framework for unmanned surface vehicles (USVs), among other initiatives.OC, an ocean-tech startup, aims to establish a mass-production framework for USVs within the next few years. The large-scale production and social implementation of USVs will enable…

Elomatic, an international consulting and engineering company with expanding operations in Canada, has established a strategic partnership with Indigenous Works (IW), a prominent national Indigenous not-for-profit organization with a mandate to support the employment and inclusion for Indigenous peoples, throughout Canada.Established in 1998, Indigenous Works has significant expertise in developing inclusive labor market solutions and employer workplace inclusion strategies for Canada’s major industrial sectors.

At a general meeting of Kongsberg Gruppen on Thursday afternoon, the separation of Kongsberg Maritime was formally approved by the shareholders. The plan is to list the maritime company on the Oslo Stock Exchange on April 23.Kongsberg Gruppen ASA, as we know it today, will continue as two companies. The business areas Kongsberg Defence & Aerospace and Kongsberg Discovery will form the new KONGSBERG, while the business area Kongsberg Maritime will be spun off as its own company…

The chairman of Italy's Leonardo on Monday floated the idea of a future combination between the defence and aerospace group and state‑controlled shipbuilder Fincantieri.Speaking at a conference at Milan's Bocconi University, Stefano Pontecorvo told an audience that he hoped the two groups could one day merge, addressing his remark to Claudio Cisilino, Fincantieri’s executive vice‑president for operations, who was sitting in the audience.“I hope that one day a merger between us might be possible," said Pontecorvo, without elaborating.Fincantieri and Leonardo, both controlled by the Italian stat

Together with its sister company Hanwha Ocean, Q ENERGY France, a Hanwha company, has announced its participation in the pre-qualification process to participate in a call for bids for seabed licenses to develop offshore wind projects in Nova Scotia, Canada.The move underscores the company’s ambition to contribute to Canada’s clean energy transition through large-scale, sustainable offshore wind developments.As part of the Hanwha Group, one of South Korea’s leading global business groups…

A majority of German business associations expect job cuts in 2026 as the country's economic crisis persists, with industry hit hardest by global protectionism and weak exports, a survey by the German Economic Institute IW showed on Monday.Of 46 business associations surveyed, 22 anticipate workforce reductions next year. Only nine expect to increase hiring and 15 foresee stable employment levels.The automotive, paper and textile industries are among those expecting production declines.

GE Aerospace's Marine Engines & Systems has received orders to supply eight LM2500 marine gas turbine engines for the U.S. Navy's next two Flight III Arleigh Burke-class guided-missile destroyers: the future USS Intrepid (DDG 145) and USS Robert Kerrey (DDG 146). Each destroyer is powered by four LM2500 engines, providing the proven propulsion power that has made the Arleigh Burke class the backbone of the U.S. Navy's surface fleet for over three decades.As of January 2025, 74 Arleigh Burke-class destroyers are active with GE Aerospace’s LM2500 engines being the prime mover for propulsion.

Arab Shipbuilding and Repair Yard (ASRY) has signed important agreements with leading Italian companies Fincantieri and Roboze to boost collaboration in shipbuilding and repair and establish the Kingdom of Bahrain’s first smart plant dedicated to additive manufacturing.ASRY signed a partnership agreement with Fincantieri to jointly assess opportunities for the design and construction of surface naval vessels up to 80 meters in length for domestic use by the Navy and the Coast Guard.The partnership agreement will also explore the design and construction of similar-sized offshore units…

The 2022 sabotage of gas pipelines in the Baltic Sea marked a turning point: maritime infrastructure is no longer seen as a passive utility, but as a strategic asset at risk of disruption. The Joint Baltic Declaration on Security in the Baltic Sea was signed on November 20 by the Norwegian State Secretary Marte Gerhardsen, in the presence of the Polish Deputy Prime Minister, Minister of Defense, Władysław Kosiniak-Kamysz.According to an official statement by the Norwegian State Secretary…

The U.S. Navy needs to dramatically increase the fleet, especially submarines, but the available pool of skilled workers is not keeping pace.Submarine construction is ramping up. The Navy continues to build Virginia-class submarines, striving for two per year, and is gearing up build the new Columbia-class of nuclear-powered ballistic missile submarines. At the same time, the industry needs to support the ambitious Australia-U.S.-U.K. AUKUS program to make the Royal Australian Navy a nuclear submarine navy.Qualified workers are not only needed to build submarines…

Four Hanwha Group companies — Hanwha Power Systems, Hanwha Ocean, Hanwha Aerospace, and Hanwha Systems — signed a memorandum of understanding (MoU) with shipping company HMM and Korean Register (KR) to jointly develop and demonstrate next-generation carbon-free ship propulsion systems.The partners will jointly conduct concept design for next-generation propulsion systems — including an integrated solution combining an ammonia-based gas turbine and fuel cells for 7,000–8,000 TEU-class container vessels…

Kongsberg Gruppen has proposed spinning off its Kongsberg Maritime business in a separate stock market listing and consolidating its Kongsberg Defence & Aerospace and Kongsberg Discovery units into a single technology and defense company.The group said sustainability and security trends have driven strong growth over the past decade and are expected to continue shaping demand, making focused specialist businesses better positioned for global opportunities.The Norwegian state, which owns 50% of Kongsberg…

The European Union (EU)-funded MARPOWER project (Efficient zero-emissions gas turbine POWER system for MARitime transport) is addressing the decarbonization of maritime transport. Shipping is responsible for almost 3% of global greenhouse gas emissions, a figure expected to rise in the coming years, making it essential to deploy cleaner, scalable, and economically viable solutions that meet tightening international climate regulations.To respond to this need, the MARPOWER project…

DASSAI MOON Project, the World's First Test Brewing of Sake in SpaceLaunch of space brewing equipment from Tanegashima on October 21The space brewing equipment jointly developed by Mitsubishi Heavy Industries, Ltd. (MHI) and DASSAI Inc., a sake company based in Iwakuni City, Yamaguchi Prefecture, and ingredients will be launched by the Japan Aerospace Exploration Agency (JAXA) for the DASSAI MOON Project, a project to brew sake in space. The launch will take place from Tanegashima Island on October 21, 2025 using H3 Rocket No.

Italy’s Fincantieri has signed a memorandum of understanding (MoU) with Aeronautical Service, a small and medium-sized enterprise specializing in aerospace solutions, to advance the use of carbon-based composite materials in naval shipbuilding.The agreement aims to introduce composite technologies across civil and military platforms, reducing reliance on steel and extending Fincantieri’s technological perimeter into high-performance and stealth applications.The companies plan to collaborate on developing a new high-speed Fast Patrol Boat (FPB) vessel…

Steerprop will deliver its new Contra-Rotating Propeller (CRP) azimuth propulsions to Lloyd Werft Bremerhaven GmbH for a new research vessel being built for the German Aerospace Center (DLR).Measuring 48 x 11 meters, the RV will serve as a floating laboratory for maritime research, primarily to be used for research voyages lasting from one to several days in the North Sea and Baltic Sea, accommodating up to 20 people onboard.The scope of supply from Steerprop includes two 14 CRP LM units, each rated at 750 kW and designed to Ice Class 1A standards.

The EU-funded HYScale project has announced a series of technical breakthroughs that bring cost competitive, industrial scale green hydrogen production a step closer to reality.At the core of every low‑temperature water‑electrolysis system lies the membrane, a critical component for efficiency, safety, and scalability. HYScale coordinator Cutting‑Edge Nanomaterials GmbH (CENmat) has now successfully upscaled the synthesis and casting of its proprietary AionFLX™ anion exchange membranes (AEMs).

NYK has obtained Approval in Principle (AiP) from ClassNK for the conceptual design of an offshore recovery system for reusable rockets it developed in partnership with Mitsubishi Heavy Industries.Rockets are launched by generating thrust through the combustion of fuel and oxidizer. Following launch, the lower stage (first stage) of the rocket separates from the upper stage and falls back to Earth. Most first stages are expected to be designed with advanced functions to accurately…

Guice Offshore, U.S.-based operator of dynamically positioned mini supply and multi-purpose vessels for the offshore maritime market, has launched GO Asset Leasing to meet the growing demand for lease-ready maritime vessel heavy deck equipment.GO Asset Leasing offers flexible lease terms on a variety of field-tested, well-maintained inventory of A-frames, hydraulic winches, deck cranes, hydraulic power units (HPUs), Yokohama fenders and even speedboats. Centrally located on the U.S.

PPG announced the 100th dry docking performed using electrostatic application for marine hull coatings. PPG completed the project on the MV Colossus, a 287-meter bulk carrier owned by Enterprises Shipping and Trading S.A. at CUD Weihai Shipyard Co. Ltd. in China. The team applied PPG NEXEON 810 antifouling on the boot top and PPG SIGMAGLIDE 2390 fouling release coating on the underwater hull.PPG is the first coatings company to introduce the application technique to the marine sector…

Norwegian engineering group Kongsberg is building up production capacity to meet growing orders for its defence products, especially missiles, as European nations bulk up their military spending.Kongsberg, which has customers in defence, aerospace, maritime, energy and fishing industries, booked orders worth 18.18 billion Norwegian crowns ($1.80 billion) in the second quarter, 5% more than last year, it said on Wednesday.The Defence & Aerospace business made up 54% of those, as…