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Avio, the Italian aerospace and defense contractor, has announced a significant investment in a new manufacturing plant in the United States. This strategic expansion is a direct response to the accelerating global demand for missiles and defense systems. The decision to open a US-based facility allows Avio to capitalize on the massive American defense market….
The United States government has announced serious charges against a corporate executive. The individual is accused of engaging in espionage by selling highly sensitive information to Russia. The alleged payment for these secrets totaled $13 million. The executive was reportedly employed at a major firm within the aerospace or defense industry. The secrets sold are…
Three major European aerospace companies are close to a significant business merger. Airbus, Thales, and Leonardo are discussing combining parts of their space divisions. The Financial Times first reported these talks. This move aims to create one powerful European space entity. The merged business would be better equipped to compete globally. It would challenge larger…
