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Boeing issues layoff notices as aerospace giant cuts 17,000 jobs

Boeing announced it will issue termination notices to employees included in the aerospace giant's broader layoffs plan. Boeing said the approximately 17,000 employees affected by the layoffs were notified this week and are expected to leave in mid-January. The cuts, which were made in response to a trade union strike, amount to 10% of the […]

Four Killed in Terror Attack on State-Owned Turkish Aerospace Industries

On Wednesday, four people were killed and 14 more injured in an apparent terrorist attack on Turkish Aerospace Industries (TAI), a major state-run defense company headquartered near the capital Ankara. Turkish Interior Minister Ali Erikaya said The two attackers, “a woman and a man”, were “neutralized”. He did not say whether there were other suspects […]

HX5 and Margarita Howard: Redefining Excellence in Aerospace and Defense Support

Competition for government contracts continues to be fierce. of Government contract outlook in 2024 Research by RSM, an international accounting firm network, highlights key trends in defense contracting, including barriers to entry into the defense industrial base, the impact of the National Defense Authorization Act, and the growing role of artificial intelligence in defense strategy. […]