Elroy Air activity observed in UAV / Drone / Uncrewed Systems segment
Elroy Air plans to become a publicly traded company through a merger with special purpose acquisition company Inflection Point Acquisition Corp. VII.

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Coverage window: Jun 15, 2025 – Jun 26, 2026
Elroy Air plans to become a publicly traded company through a merger with special purpose acquisition company Inflection Point Acquisition Corp. VII.
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South Korea has reversed plans to scale back production of the Korea Aerospace Industries (KAI) KF-21 fighter, restoring the program to its original schedule.
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The Swiss government says its first Lockheed Martin F-35 has entered final assembly as the customer and company work toward first customer delivery next year.
The U.S. Air Force wants to regenerate the supply chain for its small Northrop Grumman B-2 Spirit bomber.
Canada plans to acquire the Saab GlobalEye AEW&C aircraft to upgrade the country’s air warfare capability and bolster Bombardier as the aircraft supplier.
Global economic and political volatility is driving Eastern European and Baltic MROs to diversify sourcing and expand capacity.
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Canadian supplier Meloche expands into Europe with Rossi Aero acquisition to diversify aerospace supply chains.
Navy approves Boeing MQ-25 for carrier-based refueling drone, with first production contract expected this summer.
Pentagon plans to buy 10,000 low-cost cruise missiles and 500 hypersonic missiles annually, expanding its industrial base and accelerating procurement timelines.
South Korea considers delaying KF-21 Block 2 production to 2035 as rising costs, inflation and supply chain issues impact the program.
Boeing plans to invest $1 billion over the next three years in its recently reacquired Wichita site, its top executive announced May 11.
VSE completed acquisition of PRECISION AVIATION GROUP, GA (MRO services/distribution/supply chain solutions) from GenNx360 Capital Partners for $2.025b cash/equity, increasing its revenue by ~50% on a pro forma 2025 basis.
Kongsberg is hoping to get word from the U.S. government in the coming weeks about its proposed acquisition of low-cost missile developer Zone 5 Technologies.
Firefly Aerospace has made progress building and testing the major flight components of the future Eclipse medium-lift launch vehicle, CEO Jason Kim says.
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The U.S. Army is looking at ways to do its own aerial refueling and get more training for its special operations helicopter crews, as it works to bring on modified MV-75 Cheyenne IIs for them.
Coltala Aerospace has hired MRO industry veteran Phil Bathurst as it targets organic growth but also sees opportunities for acquisitions.
Safran Aircraft Engines is upgrading its forging capabilities by investing $176 million in the acquisition of a hydraulic press at a facility in Gennevilliers.
The U.S. Space Force’s senior acquisition official is telling industry to prepare for significant satellite production contracts should the fiscal 2027 budget request.
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Raytheon Co., Tucson, Arizona has been awarded a not-to-exceed $708,939,863 undefinitized contract action for small diameter bomb increment II production.
DARPA has revealed interest in developing a new class of air-to-air missiles in which the top design requirement is mass production rather than maximizing performance.
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Airbus is looking to expand its cyber capabilities in the UK with the purchase of Maidenhead, England-based Ultra Cyber Ltd.
Anduril did not win a $20 billion check from the U.S. Army on March 13, as announced, but instead a consolidated contracting vehicle.
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Bain Capital has closed its acquisition of FBO APP Jet Center from Ridgewood Infrastructure for an undisclosed price, the companies announced March 11.
The DOD is crafting a supplemental spending request to both replenish existing weapons used in the conflict in Iran and buy new, improved systems.
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Dassault Aviation has been gradually increasing the production rate of the Rafale fighter, aiming for four aircraft per month in 2029.
The Pentagon under the Trump administration has pressed the defense industrial base to shift to a “wartime footing."
The U.S. Air Force and Northrop Grumman are investing in a B-21 capacity increase as the Sentinel program faces decision points.
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Airbus grows services sales by 10%, driven by life cycle solutions, spare parts, and expansion through acquisitions such as Unical Aviation via Satair
Both of the U.S. Air Force’s Collaborative Combat Aircraft prototypes are flying with mission autonomy as the service is preparing both for more intensive tests and production decisions.
Airbus Helicopters is planning to acquire 15 helicopters this year to disassemble for parts and harvest for spares as the airframer continues to fix supply chain issues.
Setna iO is acquiring a majority stake in J&C Aero, which adds Part 21 design and production capabilities to its portfolio.
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The Southern California-based Advanced Manufacturing Company of America (Amca) has purchased Payne Magnetics for an undisclosed sum.
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Howmet Aerospace posted 21% defense sales growth in the fourth quarter, driven by engine demand from both advanced and legacy fighter jets.
India is targeting greater than 50% localization of components for future Dassault Rafale fighters made in-country, Defense Secretary Rajesh Kumar Singh said.
British defense startup Rotron Aerospace is being bought by U.S. autonomous systems maker Ondas.
Hutchinson, a Paris-based supplier of multi-material components, has completed its acquisition of U.S.-based anti-icing specialist Cox & Company.
Startup Atropos unveils a subscale Tacit Spear airlifter, advancing autonomous cargo aircraft development with rapid testing and military logistics ambitions.
Embraer rolled out the first C-390 Millennium ordered by South Korea as the jet-powered military transport is prepared for post-production flight tests.
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South Korea’s Finance Ministry instructed DAPA to revise the mass-production schedule and budget allocation for the KF-21.
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The U.S. military plans to spend $1 billion to take an ownership stake in a future L3Harris Technologies spin-off focused on solid rocket motor production for tactical missiles.
Wichita-based Lee Air, a family-owned engineering and manufacturing firm, has acquired the assets of Advent Aircraft Systems in Tulsa.
The Pentagon and Lockheed Martin have agreed to more than triple the annual output of Patriot PAC-3 Missile Segment Enhancement interceptors.
The Pentagon says it has agreed to boost output of Patriot PAC-3 Missile Segment Enhancement (MSE) interceptors to 2,000 missiles per year.
Cambium Biomaterials, a California-based startup that manufactures advanced materials for aerospace and defense, raised $100 million in a funding round.
TransDigm has signed a definitive agreement with private equity firm Arlington Capital Partners for Stellant Systems for around $960 million in cash.
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Howmet Aerospace said Dec. 22 it is buying the Consolidated Aerospace Manufacturing fastener and fittings business from Stanley Black and Decker.
The French Defense Innovation Fund and MBDA have taken a stake in NanoXplore, a company specializing in reprogrammable special-purposes semiconductors.
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Boeing and Airbus announced the long-sought finalization of their complex splitting-up of Spirit AeroSystems on Dec. 8.
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Australia will begin in-country production of Lockheed Martin’s Guided Multiple Launch Rocket System (GMLRS) missiles as a new production line opens.
Jamco Corporation plans to buy Iacobucci HF Aerospace S.p.A., a specialist in galley inserts such as espresso and beverage makers, trash compactors and ovens.
Hanwha Aerospace has been awarded a contract to produce the L-SAM system, which will form the outermost layer of South Korea's air and missile defense network.
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Arcline Investment Management has agreed to buy aerospace parts and processes provider Novaria from private equity firm KKR for $2.2 billion.
John Greene has been appointed corporate vice president and CFO of Northrop Grumman, effective Jan. 7, 2026.
The company appointed Ryan Carrithers, whose career includes spaceflight company Astra, among others, as its new chief financial officer.
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AAR Corp. has acquired HAECO Americas for $78 million in an all-cash transaction, which significantly expands its heavy maintenance capacity in the U.S.
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A decade in the making, Korea Aerospace Industries is preparing to deliver the first production versions of the KF-21 Boramae on time by the end of this year.
Lacking a strong local workforce, the UAE’s Edge Group turns to robotics and automation to scale production and expand its portfolio.
The escalating use of drones in combat is creating demand for a supply chain for uncrewed aircraft production that can meet security and sovereignty concerns.
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The European Commission (EC) said it has approved Boeing’s proposed acquisition of Spirit Aerosystems on the condition they divest parts of the business.
Firefly Aerospace will pay $855 million to acquire defense technology company SciTec, the Texas-based startup said on Oct 5.
India’s air force chief has expressed optimism that domestic industry will be able to deliver a new-generation indigenous combat aircraft in the 2030s.
Management teams at Aubert & Duval, which include former Airbus and Safran employees, have worked to improve customer relationships and industrial processes.
Long passed over, smaller manufacturers are gaining greater attention as merger and acquisition targets.
Efforts to localize component MRO in Malaysia are expected to gather pace in the next few years as part of its plan to grow domestic aerospace revenues.
HawkEye 360 is gearing up to start deploying a new generation of its electronic intelligence spacecraft that should slash production costs.
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Setna iO expects recent acquisitions, capability additions and facility expansions to quadruple its MRO earnings next year.
Satellite operator Viasat announced a fivefold increase in capacity of its JetXP connectivity service for business aviation across the eastern U.S.
Menzies Aviation announced the completion of its $305 million acquisition of G2 Secure Staff, doubling its footprint in the U.S.
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Archer says it has three Midnight eVTOL air taxis in final assembly at its plant in San Jose, California, with three more on the way.
Signia Aerospace has acquired Precise Flight, a Bend, Oregon-based developer and manufacturer of aviation safety systems and equipment.
Ahead of its own sale to Boeing, Spirit AeroSystems has agreed a deal to offload its operations in Subang, Malaysia, to Composites Technology Research Malaysia.
Aftermarket parts supplier Aventure Aviation is adding space, equipment, staff and technology to support growing used serviceable material demand.
A year on the job, Boeing CEO Kelly Ortberg appears to be squelching the fires that made the company a burning platform.
The restarted production of the U.S. Army’s FIM-92 Stinger is progressing after more than two decades of dormancy.
Frontier is not ruling out an ability to be profitable in the 2025 second half and believes it will soon have “a lot less low-cost capacity” to compete against.
German defense supplier Hensoldt is starting to develop a new phase of capacity expansion to ensure it can deliver on an anticipated order wave from 2027 on.
This snapshot of activities illustrates how joint ventures have been quickly established to address emerging needs.
The acquired business employs 4,000 people and supplies systems for 180 platforms; it will be consolidated within Safran Electronics & Defense as of Aug. 1.
Replenishing key weapons and powering space launch demands drive extensive investments in Northrop’s propulsion production.
The BAE Systems PHASA-35 high-altitude, solar-electric, uncrewed aircraft system (UAS) will carry an Aloft Sensing X-band synthetic aperture radar.
Herber Aircraft's president and CEO discusses changes in inventory management, costs and trickiness of tariffs for this second-generation family business.
The aftermarket parts supplier has acquired a dozen 737NGs that will be torn down and added to its inventory.
Israeli strike and surveillance quadcopter drone maker Xtend plans to start delivering 3,000 systems a month from a plant in Tampa, Florida.
TransDigm has acquired precision components manufacturer Simmonds from RTX for $765 million.
Rider Jet Center, Hagerstown Regional Airport's sole FBO, is an Avfuel-branded company that fuels business, military and some commercial aircraft.
The UK Competition and Markets Authority (CMA) is investigating Boeing’s planned acquisition of aerostructures supplier Spirit Aerosystems.
Werner Aero President and CEO Tony Kondo shares his plans to expand the company’s parts portfolio and global footprint.
The UK aerospace industry has reacted favorably to reforms proposed by the government’s new industrial strategy.
Diehl may make more acquisitions to support its rise in air and missile defenses output, says Helmut Rauch, the boss of the German company’s defense business.
France and Spain have committed to accelerate Airbus A400M purchases in a bid to underpin the long-term production outlook for the military transport.
Baykar’s Akinci uncrewed air system will be assembled in Italy by Piaggio as part of the Turkish company’s new joint venture with Leonardo.
Honeywell Aerospace may see a further increase in its share of defense turnover because of booming demand, but the unit’s boss says commercial revenues will still dominate in the future.