Airbus spent $14.4 billion last year on aircraft-related procurement in the U.S., including $6.1 billion in Ohio, the company's No. 1 supplier state. Airbus intends to nearly double that spending amount in the U.S. by 2020.
It will open a second plant for the production of ceramic composite materials. Between 2013 and 2017, GE Aviation expects to invest more than $3.5 billion in plant and equipment at its sites worldwide.
Avascent forecasts $21 billion will be spent on commercial avionics systems for fixed-wing commercial aircraft in 2015. $14.3 billion will be spent on original equipment, and $6.6 billion will be attributed to spares and repairs orders.
EAST HARTFORD, Conn., Aug. 27, 2014 /PRNewswire/ -- IAE International Aero Engines AG has achieved Federal Aviation Administration certification of the V2500®-E5 engine for Embraer's KC-390 aircraft. The KC-390's launch customer is the Brazilian Air...