Apollo Global closes in on $2bn acquisition of Barnes Group in dramatic aerospace industry shakeup

Apollo Global closes in on $2bn acquisition of Barnes Group in dramatic aerospace industry shakeup

Apollo Global Management is nearing a game-changing $2 billion deal to acquire aerospace components manufacturer Barnes Group, a move that could dramatically reshape the aerospace industry, according to a report from Reuters. This acquisition underscores Apollo’s ambition to expand its portfolio into aerospace, marking a significant strategic shift for the investment giant. The potential merger […]

Safran and MTU launch EURA for new European military helicopter engine

Safran and MTU launch EURA for new European military helicopter engine

Safran Helicopter Engines and MTU Aero Engines have established a new 50/50 joint venture named EURA (European Military Rotorcraft Engine Alliance), marking a significant step forward in the development of a 100% European engine for future military helicopters. This partnership was formalized at a signing ceremony held at the French Embassy in Berlin, attended by […]