Matthew Fulco

1 week ago | aviationweek.com | Matthew Fulco

Heico saw brisk sales growth in the second quarter of fiscal 2025, benefiting from strong aftermarket and defense demand in both the U.S. and Europe. Heico posted double-digit sales growth in the second quarter of fiscal 2025, benefiting from strong aftermarket and defense demand in both the U.S. and Europe. Including acquisitions, the non-OEM component supplier and MRO provider’s sales rose 15% to $1.1 billion, beating a consensus estimate by 4%...

2 weeks ago | aviationweek.com | Matthew Fulco

Foxconn and Thales signed two memorandums of understanding this week at the Choose France business summit. Taiwanese contract electronics manufacturer Foxconn is teaming up with French defense contractor Thales on semiconductors and satellite manufacturing in a bid to strengthen its foothold in Europe. Foxconn and Thales announced this week that they had signed two memorandums of understanding (MOU) at...

2 weeks ago | aviationweek.com | Matthew Fulco

During Kevin Stein’s tenure as TransDigm CEO, the company has delivered impressive financial results and grown its defense business. TransDigm has thrived during the seven-year tenure of its outgoing CEO Kevin Stein, consistently delivering some of the best financial results of any aerospace and defense (A&D) company. Since Stein became CEO in late April 2018, the 440% total shareholder return of TransDigm’s stock has well...

2 weeks ago | aviationweek.com | Matthew Fulco

Japanese technology conglomerate Rakuten has entered into cooperation with Brave1 in a Ukrainian initiative to develop a defense technology ecosystem that is seeking foreign investment. Japan has been a staunch supporter of Ukraine since Russia launched a full-scale invasion of Europe’s largest...

2 weeks ago | aviationweek.com | Matthew Fulco

Taiwanese drone-makers, such as Thunder Tiger, see an opportunity to meet rising international demand for uncrewed aircraft systems free of Chinese components. Drawing on its advanced semiconductor technology and manufacturing prowess, Taiwan aims to center itself in the emerging supply chains for military drones free of Chinese components. Channeling the mood on Capitol Hill, where lawmakers have proposed banning Chinese drones for security reasons...