Business

Understanding Mars Helps Rocket Cargo on Earth, Military Official Says

Editor’s Note: This article first appeared on FreightWaves.com. Development of spaceships that can operate in the Mars environment is providing lessons for scientists exploring rockets that could deliver cargo across the Earth in an hour, the new head of U.S. Transportation Command said. USTRANSCOM is responsible for surface, maritime, and air delivery of equipment and […]

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Report: Avionics Sales Increased 6.5 Percent in 2021

Avionics sales worldwide for business and general aviation totaled more than $2.3 billion in 2021, according to the Aircraft Electronics Association’s (AEA) year-end Avionics Market Report released this week.   Owing to increasing sales of new and used aircraft, aircraft manufacturers, independent operators, and owners drove avionics sales up 6.5 percent in 2021 compared to 2020. […]

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Raytheon Names Christoper Calio Chief Operating Officer

Raytheon Technologies Corp. (NYSE: RTX) has named Christopher T. Calio as chief operating officer and says Shane G. Eddy will succeed him as president of the company’s Pratt & Whitney unit. The appointments take effect March 1. In the new post, Calio will oversee Raytheon’s four business units and company-wide functions, including technology and engineering; […]

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Boeing Announces Record Online Parts Sales for 2021

Boeing Co. (NYSE: BA) says it set a company record of more than $2 billion in e-commerce parts sales in 2021, resulting in part from changes to ease its ordering process, and demand from the recovering airline industry. The company, which announced the online sales results Monday at the Singapore Air Show, said its Boeing […]

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Pilot in aircraft
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