Aerospace & Defense

Oslo – September 30, 2026 -- Nel ASA's US subsidiary, Nel Hydrogen US, has secured approximately USD 7 million in new purchase orders from Collins Aerospace for PEM electrolyser stacks used in submarine life-support systems, pushing the company's total submarine-related order intake from Collins Aerospace to roughly USD 20 million this quarter.

New orders cover US, UK and French naval programs

The latest orders relate to submarine programs across three countries and will be booked as order intake in the third quarter of 2026. They follow a USD 12 million purchase order announced on September 29, 2026, along with several smaller orders received earlier in the month, bringing the combined value from Collins Aerospace to approximately USD 20 million.

St. Louis – September 30, 2026 -- Boeing has been awarded a multi-billion-dollar U.S. Navy contract to design, build and deliver the F/A-XX, the service's first sixth-generation fighter aircraft.

Navy selects Boeing to replace aging F/A-18 Super Hornet fleet

The F/A-XX program will replace the Navy's F/A-18 Super Hornets, introducing open mission systems architecture, advanced mission systems and expanded operational reach and capacity. Technical and programmatic details remain classified under U.S. national security and export laws.

Shreveport, La. – September 29, 2026 -- Praeses has secured a Small Business Innovation Research (SBIR) Phase III Indefinite Delivery, Indefinite Quantity contract with Air Force Global Strike Command carrying an initial ceiling value of $79 million over a five-year term.

Single-award vehicle opens federal-wide access to Praeses technology

The contract, issued by the General Services Administration's Federal Acquisition Service Assisted Acquisition Services Innovation Office, is structured as a single-award vehicle. It gives AFGSC and eligible customers across the U.S. government a direct procurement path to Praeses' data fusion, management and AI-powered analytics products and services.

Greenlawn, N.Y. – September 29, 2026 -- BAE Systems has secured AIMS certification from the Department of War for its new AN/APX-127(V)1 Combined Interrogator Transponder (CIT), clearing the Identification Friend or Foe (IFF) system for use on the U.S. Air Force's F-16 Fighting Falcon fleet.

Certification confirms interoperability across U.S. and NATO forces

The AIMS standard verifies the system meets joint U.S. and NATO requirements, allowing pilots to distinguish allied aircraft from potential threats in contested airspace. The AN/APX-127(V)1 is AIMS Mark XIIB IFF certified with Mode S and Mode 5 capability for encrypted data exchange, and adds receive channels for passive acquisition of Mode 5 Level 2 and Automatic Dependent Surveillance – Broadcast In signals.

West Des Moines, Iowa – September 29, 2026 -- Collins Aerospace, an RTX business, will expand its West Des Moines manufacturing facility by 14,000 square feet in a multi-million-dollar investment to meet rising commercial and military aviation demand.

Facility ships more than 25,000 engine nozzles monthly

The site produces advanced fuel distribution systems, including original equipment components and spare parts, and operates as an FAA-certified Part 145 repair station for engine nozzle systems and powerplant accessories.

Expansion targets delivery performance and job growth

James Bagg, vice president and general manager of Engine Control Systems at Collins Aerospace, said the investment strengthens fuel-distribution technology for commercial and military aviation and will add jobs to meet customer demand.

Brooklyn, N.Y. and Spokane, Wash. – September 29, 2026 -- HEVO Inc. and Flying Pig GSE LLC have entered a strategic collaboration to bring automated wireless charging technology to electric and autonomous Ground Support Equipment (GSE) at airports.

HEVO contributes patented Rezonant wireless charging hardware to the partnership

HEVO, a New York-based Tier 1 supplier, will combine its Rezonant wireless charging hardware, power electronics, controls and Journey software platform with Flying Pig GSE's four decades of aviation operating experience and airport customer relationships. The goal is to identify applications where automated charging improves fleet utilization and supports increasingly automated airport environments.

Washington – September 29, 2026 -- Lyntris Inc. (NYSE: LYNX) has received production orders from Raytheon, an RTX business, covering Option Years Two and Three of the U.S. Army's Lower Tier Air and Missile Defense Sensor (LTAMDS) program, extending manufacturing commitments through 2028. The orders fall under a long-term purchase agreement the two companies established in 2023.

LTAMDS moves from development into full-rate production as Patriot radar replacement

LTAMDS is designed to replace the Army's Patriot radar system, delivering 360-degree surveillance and fire control from a single sensor and closing the rear-sector gap in the current fielded fleet. The system targets detection, tracking and engagement of maneuvering hypersonic weapons, cruise missiles and unmanned threats. Raytheon serves as prime contractor, with the Army now shifting the program into full-rate production.

Oslo, Norway – September 29, 2026 -- Nel ASA has secured a purchase order worth approximately USD 12 million from Collins Aerospace for PEM electrolyser stacks destined for US Navy submarine life-support systems. The order was placed through Nel Hydrogen US, a subsidiary of the Oslo-listed hydrogen technology company (OSE: NEL).

Collins Aerospace extends long-running defence procurement with Nel

The stacks will generate oxygen for submarine crews, an application where equipment failure carries direct safety consequences. Nel's Chief Commercial Officer, Todd Cartwright, said the order extends a long-standing cooperation with Collins Aerospace built around reliable oxygen generation for demanding submarine applications, and confirms the continued relevance of the company's PEM technology and manufacturing capabilities.

Wood Dale, Illinois – September 28, 2026 -- AAR CORP. (NYSE: AIR) has agreed to acquire a 65% controlling interest in MRO Holdings at an implied enterprise value of $4.0 billion, creating what the company calls the largest heavy maintenance MRO operation in the world, servicing nearly 3,000 aircraft annually.

AAR values MRO Holdings at 10.7x forecasted 2026 EBITDA

The valuation represents 10.7 times MRO Holdings' forecasted full calendar year 2026 adjusted EBITDA, factoring in $75 million of anticipated run-rate cost synergies and net of transaction-related tax benefits with an expected present value of approximately $150 million.

Wood Dale, Ill. – September 28, 2026 -- AAR CORP. (NYSE: AIR) reported first-quarter fiscal 2027 sales of $918 million, a 24% jump from $739.6 million a year earlier, as the aviation aftermarket supplier simultaneously disclosed a definitive agreement to acquire a 65% controlling interest in MRO Holdings.

Sales climb 24% on parts distribution and repair growth

The quarter ended August 31, 2026, saw growth across all three core segments. Parts Supply sales rose 31%, driven by 23% organic growth in new parts distribution across commercial and government markets. The Repair, Engineering & Software segment grew 31% on airframe MRO, component MRO, and software activity, while Government Solutions increased 4% on Mobility Systems strength.