Tag: aircraft

PARIS, June 16, 2025 (GLOBE NEWSWIRE) -- Bombardier is proud to announce that its flagship aircraft, the Global 7500, has set a new speed record on a mission departing from Pierre Elliott Trudeau International Airport in Montreal, and landing at Paris-Le Bourget Airport. The Global 7500, renowned for its unparalleled capabilities, logged another record with a top speed of over 1,000 km/hr during its flight to Paris and completed the record in 5 hours and 30 minutes. This accomplishment comes as the Bombardier team is gearing up to host customers at the International Paris Air Show, with the company's presence anchored by Bombardier Defense.

Kraken’s Founder Mr. Boone Smith’s extensive experience and work at U.S. Dept of Homeland Security and U.S. Customs and Border Protection adds the necessary team capabilities to assist the Company’s border security solutions effort

The avionics market is set to expand from USD 56.22 billion in 2025 to USD 82.33 billion by 2030 at a CAGR of 16.8%, driven by increasing demand for advanced aircraft systems. Commercial aviation will lead the market, aided by advancements in navigation systems and evolving air traffic management, such as SESAR and NextGen. North America is expected to dominate, benefiting from significant defense investments and a focus on avionics retrofits. Key players like RTX, Honeywell, L3Harris, GE, and Thales are advancing technologies, enhancing safety and efficiency. For market insights, the report covers competitive analysis, growth strategies, and recent innovations.