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Spirit Announces Sale of FMI to Tex Tech Industries

01/14/2025 | Spirit AeroSystems Holdings, Inc.
Spirit AeroSystems Holdings, Inc. announced the sale of Fiber Materials Inc (FMI) business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex Tech Industries, Inc. (Tex-Tech) for $165 million in cash.

Spirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of FMI

11/19/2024 | Spirit AeroSystems, Inc.
Spirit AeroSystems Holdings, Inc. announces a purchase agreement to sell Fiber Materials, Inc (FMI) business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex-Tech Industries, Inc. for $165,000,000 in cash, subject to customary adjustment.

Rocket Lab Successfully Deploys Satellites

04/24/2024 | BUSINESS WIRE
Rocket Lab USA, Inc., a global leader in launch services and space systems, today deployed two satellites to two different orbits approximately 500km apart on its 47th Electron mission.

Raytheon Technologies Secures $135M IDIQ Award for C-130 NP2000 Propeller System

02/20/2023 | Raytheon Technologies
The U.S. Air Force Life Cycle Management Center recently contracted Raytheon Technologies' Collins Aerospace business to continue producing new, advanced propellers for C-130 aircraft.

The Pulse: Fitting Physics to Fact

11/28/2022 | Martyn Gaudion -- Column: The Pulse
In an ideal world you would use “perfect” materials that behave in a truly predictable way, but the realities of engineering mean that compromise is always needed—and so the desire of the purist for “absolute perfection” has to be balanced with the skill of the engineer in designing product to be “good enough” for the specific application.
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