Bombardier and Mitsubishi have agreed that the latter will purchase Bombardier’s CRJ regional jet program. Details of the deal have not yet been disclosed. In a statement, Mitsubishi said, Bombardier’s trade secrets lawsuit against its aircraft unit has been “stayed”… Read More ›
Mitsubishi’s aircraft project is of strategic value to Japan since it marks is first attempt to make passenger jets since the 1960s. On Tuesday, Japanese news agency NHK reported, Mitsubishi Heavy Industries is likely to inject $2 billion (220 billion… Read More ›
The move is not only in line with U.S. President Donald Trump’s efforts to shift manufacturing back to the United States but also has material cost savings factored in it. On Monday, Japan’s Mitsubishi Heavy Industries Ltd (MHI) and Boeing… Read More ›
Airbus has yet to find any suppliers in its global supply chain who’s affected by the Kobe Steel scandal. As per a spokesman from Airbus, although the company does not source its products directly from Japan’s Kobe Steel, nevertheless, it… Read More ›
Boeing, the world’s biggest maker of passenger jets, is investigating how the false certification will impact its aircrafts. As for aluminum composites, although Boeing does not source them directly from Kobe Steels, its key Japanese suppliers, including Mitsubishi Heavy Industries,… Read More ›
DCNS bagged the contract having beaten competition from Germany’s ThyssenKrupp AG and Japan’s Kawasaki Heavy Industries and Mitsubishi Heavy Industries. In a significant development, France and Australia have signed a deal worth $36.3 billion in which French naval contractor will… Read More ›
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