Keywords: Aerospace industry


Israeli defense companies prepare to participate in Marrakech Air Show 2026

Israeli aerospace and defense companies are expected to take part in the upcoming Marrakech Air Show 2026, scheduled to take place from October 7 to 10. The event is set to bring together major international players from the aerospace, defense and security industries, providing a platform to showcase......

Saab secures $1 billion Middle East order for advanced GlobalEye surveillance aircraft

Swedish defense company Saab has secured a major contract worth approximately $1.04 billion to supply two GlobalEye surveillance aircraft to a Middle Eastern customer, marking another significant deal for the company's advanced intelligence and reconnaissance systems. The order, valued at 10.1 billion......

Bordeaux aerospace and defense facilities placed on alert as wildfires approach

Strategic aerospace, defense and research facilities located around Bordeaux have been placed under heightened monitoring as major wildfires continue to spread across southwestern France, raising concerns over the safety of sensitive industrial sites. The fires, which have affected areas around the......

Airbus Executive Praises Morocco's Rise as a High-Tech Industrial Hub Under Royal Leadership

Morocco has successfully cemented its status as a leading high-tech industrial powerhouse, particularly within the aerospace and automotive sectors, driven by the visionary leadership of King Mohammed VI, according to Gabriel Semilas, Head of Airbus for Africa and the Middle East. In a recent interview......

Airbus plans to expand its aviation activities in Morocco

Airbus is considering expanding its industrial and aviation activities in Morocco, highlighting the country's growing aerospace capabilities and its increasingly mature industrial ecosystem. Speaking during the Farnborough International Airshow in the United Kingdom, Gabriel Semelas, Airbus President......

Airbus shares surge after €5 billion buyback and ambitious 2029 profit targets

Airbus shares climbed sharply on Wednesday after the European aerospace manufacturer announced a €5 billion share buyback programme alongside new medium-term financial targets that signal confidence in its long-term growth strategy. The stock gained nearly 5% following the announcement, reflecting......

Elon Musk’s fortune falls below $800 billion after Starship launch setback

Elon Musk’s personal fortune has fallen below the $800 billion mark following another setback involving Starship, the next-generation spacecraft developed by his aerospace company SpaceX. According to the Bloomberg Billionaires Index, Musk’s wealth dropped by approximately $40.7 billion......

Morocco strengthens its position as a global aerospace manufacturing hub

Morocco continues to reinforce its reputation as one of the world's emerging aerospace manufacturing hubs, supported by sustained investment, a competitive industrial ecosystem, and growing integration into global aviation supply chains. Over the past two decades, the Kingdom has developed a comprehensive......

Boeing evaluates further 737 MAX production expansion after regulatory approval

Boeing is preparing for the possibility of another increase in production of its flagship 737 MAX aircraft, reflecting renewed confidence in its manufacturing recovery as global demand for single-aisle jets continues to strengthen. The announcement comes only months after aviation regulators authorized......