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2 weeks ago | 
aviationweek.com | Matthew Fulco
The Trump administration’s tariffs are undermining U.S. efforts to strengthen critical minerals supply chains threatened by China. The Trump administration’s imposition of tariffs on key U.S. allies is undermining efforts to strengthen critical mineral supply chains under pressure from China. Beijing is increasingly weaponizing its dominance of raw materials to gain leverage in its techno-industrial competition with Washington...
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2 weeks ago | 
aviationweek.com | Matthew Fulco
The Trump administration’s imposition of tariffs on key U.S. allies is undermining efforts to strengthen critical mineral supply chains under pressure from China. Beijing is increasingly weaponizing its dominance of raw materials to gain leverage in its techno-industrial competition with Washington...
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2 weeks ago | 
aviationweek.com | Matthew Fulco
A California-based aerospace business that says it is neither a startup nor a private-equity firm has launched with $76.5 million in capital to deploy. The Advanced Manufacturing Co. of America (Amca) said in an April 9 statement it would acquire and rejigger important aerospace legacy suppliers...
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2 weeks ago | 
aviationweek.com | Matthew Fulco
China has sanctioned dozens of U.S. defense tech companies following Washington’s imposition of new 34% tariffs on Chinese goods. China has placed 11 U.S. drone companies on its unreliable-entity list and banned the export of dual-use technologies to another 16 American businesses with ties to the defense sector. Beijing announced the sanctions on the U.S. companies on April 4, two days after U.S. President Donald Trump...
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2 weeks ago | 
aviationweek.com | Matthew Fulco
China swiftly retaliated to the U.S.’s imposition of 34% tariffs with new export controls targeting critical minerals important for the American defense sector. Two days after U.S. President Donald Trump announced 34% tariffs on Chinese products, Beijing retaliated with new controls on critical mineral exports, targeting the American defense-industrial base as well as matching levies on U.S. imports. Effective immediately, China will require special...
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2 weeks ago | 
aviationweek.com | Matthew Fulco
Recent actions by the Trump administration are increasing uncertainty about CHIPS Act funding for military semiconductors. The Trump administration is disrupting the $52.5 billion CHIPS and Science Act, raising questions about whether U.S. government funding for a series of military semiconductor investments is secure. On March 31, President Trump signed an executive order establishing a new office in the Commerce...
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3 weeks ago | 
aviationweek.com | Matthew Fulco
Red Cat Holdings posted less than $5 million in revenue in the last eight months of 2024 but has given guidance of $80 million to $120 million for 2025. Drone manufacturer Red Cat Holdings reported just $4.9 million in revenue for the eight months ended Dec. 31, 2024, which it referred to as its “transition period” in a March 31 earnings call. The call was unusually brief and did not include the company’s new Chief Financial Officer (CFO) Chris...
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3 weeks ago | 
aviationweek.com | Matthew Fulco
Loar Holdings Bullish On M&A, Confident It Can Handle TariffsLoar Holdings sees a good M&A pipeline in 2025 and is confident it can weather the impact of U.S. tariffs. Loar Holdings, a supplier of niche aerospace and defense components, projected confidence in its business prospects during a fourth-quarter earnings call despite rising global economic headwinds linked to U.S. President Donald Trump’s mercurial tariffs. The company had a strong final quarter of 2024...
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3 weeks ago | 
aviationweek.com | Matthew Fulco
Taiwan plans to launch a satellite communications network by 2029 and will invest $75.5 million in four low-Earth-orbit satellites as part of the initiative. Taiwan plans to establish a satellite communications network in the vein of SpaceX’s Starlink by 2029 but will not work with the Elon Musk-owned company on the project. The decision to not work with SpaceX, reported by Taiwanese media outlets, primarily came about due to the two sides having...
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3 weeks ago | 
aviationweek.com | Matthew Fulco
By winning this order from Safran, Aerolloy Technologies becomes the sole Indian supplier of cast components in titanium and superalloys to a major global aircraft engine manufacturer. PTC Industries subsidiary Aerolloy Technologies will supply Safran Aircraft Engines with seven components for CFM Leap 1A and Leap 1B engines, the Indian company said on March 28. By winning the order, Aerolloy becomes the sole Indian supplier of cast components in titanium and superalloys to a...
