Matthew Fulco

1 week ago | aviationweek.com | Matthew Fulco

The U.S. and Ukraine have signed a long-awaited agreement that will give Washington access to Kyiv’s abundant mineral resources. The U.S. and Ukraine signed a much-anticipated deal on April 30 that could provide Washington with a significant new source of critical minerals used in a wide variety of aerospace and defense systems. The deal, which still needs to be ratified by Ukraine’s parliament, comes as the Trump...

1 week ago | aviationweek.com | Matthew Fulco

President Donald Trump reportedly has tapped L3Harris to modify a 747-8 to augment the current VC-25A fleet and serve as an interim presidential airlift plane as Boeing continues to deal with delays on the replacement VC-25B. The move, reported by the Wall Street Journal, comes after extended public...

2 weeks ago | aviationweek.com | Matthew Fulco

Boeing supplier Woodward posted brisk sales in its commercial aftermarket and defense OEM businesses in the fiscal second quarter, overcoming tariff-induced uncertainty. Despite tariff-induced market jitters, precision components specialist Woodward still posted brisk sales across several of its aerospace and defense business lines in the second quarter of fiscal 2025. Aerospace segment sales rose 13% to $562 million in the January-March period, driven by the strong...

2 weeks ago | aviationweek.com | Matthew Fulco

Taiwanese defense tech firms are developing different export strategies for the U.S. and the rest of the world to manage the impact of tariffs. TAIPEI, TAICHUNG, and HSINCHU, Taiwan—When it comes to U.S. President Donald Trump’s mercurial tariffs, defense tech firms in subtropical Taiwan are cool as a cucumber. Even those most dependent on the U.S. market believe the ever-changing levies—currently 10% on Taiwan but with a 32% “reciprocal...

2 weeks ago | aviationweek.com | Matthew Fulco

China is further restricting critical mineral exports to the U.S. by cutting off some supply from South Korea. China is widening the scope of its restrictions on the export of critical minerals to the U.S., raising risks for the aerospace and defense sector. In what seems to be a targeted escalatory move, Beijing told several South Korean transformer manufacturers this week in an official letter not to...