The aerospace industry must embrace competition from technology companies such as Google and SpaceX which are already having a revolutionary impact on the sector, the head of the Airbus Group told AFP in an interview.
The US Congress, entrenched in a titanic budget battle, managed to come together Thursday to pass legislation that prevents a market shortage of helium.
When the Concorde started flying in the 1970s, hopes were high that the traveling masses would soon streak through the air faster than the speed of sound or soar in planes that hurtled like missiles above the earth's atmosphere. ...
Revenue growth at United Technologies Corp. this year will likely be crimped due partly to Europe's weak economy, the chief financial officer said Thursday.
NASA released a synopsis Friday announcing plans to issue an announcement for proposals for the commercial use of Launch Pad 39A at the agency's Kennedy Space Center in Florida. The announcement is expected next week.
Landing astronauts safely on Mars is one of the biggest technological hurdles for any future manned mission to the Red Planet, even more complicated than last year's daring rover touchdown.
The United States on Tuesday eased rules on the export of select items in the aerospace industry, in an effort to reduce regulations that are thought to be putting American firms at a disadvantage.
The aerospace industry is a key sector of the Canadian economy. With sales of over $22.4 billion in 2011, Canada ranks fourth globally in aerospace production. Nearly half of that revenue was generated in Quebec, where Montreal ...