Aerospace supplier TransDigm raises profit forecast on strong aftermarket demand
Aerospace supplier TransDigm Group raised its annual profit forecast on Tuesday, betting on strong demand for aftermarket parts and services from planemakers and carriers.
Boeing supplier to be acquired by private equity firms in $3 billion deal
Aerospace supplier Triumph Group Inc. (NYSE: TGI) entered into an agreement to be acquired by a newly formed entity under two ...
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Boeing whistleblower claims ‘thousands’ of broken parts, including crucial steering tools, ended up on airplanes
Sam Mohawk, a Boeing employee of 13 years, claimed some factory workers took flawed airplane parts from storage and installed them on airplanes in order to keep production moving. Boeing and other ...
Bankrupt Incora Ordered to Unwind 2022 Deal With Silver Point, Pimco
A bankruptcy judge ordered airplane parts supplier Incora to unwind a 2022 financing deal, a defeat for Pimco, Silver Point ...
Parker-Hannifin's quarterly profit beats estimates on aircraft parts demand
Parker-Hannifin on Thursday posted a quarterly profit that surpassed estimates, driven by higher demand for its aircraft parts and components, sending its shares up 6% in morning trade.
Aerospace suppliers scramble to cushion blow of looming Trump tariffs
From repositioning parts to stocking up on materials such as steel and lobbying for tariff exemptions, aerospace suppliers ...