aerospace

Management Shake-up at Boeing: CEO Dave Calhoun Steps Down in Major Overhaul of Aerospace Giant

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Washington, DC – Boeing CEO Dave Calhoun is set to step down by the end of 2024 as part of a significant management restructuring for the troubled aerospace company. The decision comes amid mounting pressure from airlines and regulators for major changes following a series of quality and manufacturing issues with Boeing aircraft. In addition to Calhoun’s departure, Chairman Larry Kellner will also be resigning and leaving the board in May. Steve Mollenkopf will take …

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Boeing Plans Takeover of Troubled Supplier Spirit Aerosystems, Sends Shockwaves Through Aerospace Industry

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Renton, Washington – Boeing is in discussions to acquire Spirit Aerosystems, a major global air parts supplier known for its involvement in recent manufacturing challenges. Spirit Aerosystems, spun out of Boeing in 2005, remains heavily reliant on Boeing for more than two-thirds of its business. Boeing has faced scrutiny over its manufacturing processes following an incident in January where a piece of one of its planes detached mid-air. An investigation revealed that bolts meant to …

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Firefly Aerospace GNC Software Glitch Revealed: Findings of Failed Alpha Rocket Launch

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AUSTIN, Texas – Firefly Aerospace’s fourth launch of the Alpha rocket encountered a glitch that prevented it from achieving the intended orbit, the company revealed on Tuesday. The mission, known as Fly the Lightning, took place on December 22, 2023, and involved the delivery of an electronically steerable antenna payload to low Earth orbit (LEO) for aerospace giant Lockheed Martin. Despite successfully delivering the payload to LEO, the Alpha rocket failed to achieve the target …

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