Aerospace & Defense · Week of Oct 26, 2026
Divestitures, acquisitions and credit lines: the week in aerospace
Aviation services companies reshaped portfolios and financing, while Elbit won Asia-Pacific contracts and Electra flew into a Manhattan heliport.
Deals and balance-sheet moves led the week of Oct 26, 2026. CAE agreed to sell its Flightscape airline operations software business to SITA, The Partner Companies acquired Phoenix-based specialty metal manufacturer F&B MFG, and AAR amended its revolving credit facility to $1.375 billion in total commitments. The aviation aftermarket also featured in FL Technics Indonesia's EASA Part-145 approval for its Bali hangar.
On the defense side, Elbit Systems reported approximately $200 million in contracts from an Asia-Pacific country for airborne ISTAR and training solutions. Electra said it landed an Ultra Short aircraft at the Downtown Skyport in Manhattan, while NASA and Cyber Defense Magazine issued releases outside the core deal flow.
CAE Inc.
CAE to sell Flightscape to SITA
CAE Inc. says it has entered into a definitive agreement to sell Flightscape, its airline operations software business, to SITA, a global aviation technology company. The deal moves an airline operations software unit from a training and simulation company to an aviation technology provider.
Elbit Systems Ltd.
Elbit Systems Awarded Approximately $200 Million in Contracts for Airborne ISTAR and Training Solutions in Asia-Pacific
Elbit Systems says it was awarded contracts with an aggregate value of approximately $200 million from a country in Asia-Pacific for airborne ISTAR and training solutions. The award adds to the company's defense business in the Asia-Pacific region.
AAR CORP.
AAR increases size and extends maturity of revolving credit facility
AAR CORP. says it has amended its revolving credit facility, increasing total commitments to $1.375 billion, an increase of $550 million, and extending its maturity. The larger facility expands the financing available to the aviation aftermarket parts, repair and software company.
NASA
Hunting Red Leaves with Satellites
NASA describes how a modern satellite can be used to track autumn leaf color, the tradition known as leaf-peeping. The item is an Earth observation feature rather than a program or contract announcement.
Electra.aero
No Runway Required: Electra Takes Off and Lands Ultra Short Airplane at Manhattan Heliport
Electra.aero says it took off and landed its Ultra Short airplane at Manhattan's Downtown Skyport, which it calls the first-ever landing there of a fixed-wing aircraft without vertical takeoff capability. The company says the demonstration shows how Ultra Short aircraft can operate within existing aviation infrastructure for regional travel.
The Partner Companies
The Partner Companies Acquires F&B MFG, Strengthening Precision Metal Forming Capabilities for Aerospace and Defense
The Partner Companies says it has acquired F&B MFG, LLC, a Phoenix-based specialty metal manufacturer. TPC says the acquisition strengthens its precision metal forming and aerospace and defense manufacturing capabilities.
Cyber Defense Magazine
Cyber Defense Magazine Announces Global InfoSec Awards Are Now Open for 2027
Cyber Defense Magazine says nominations are open for its 2027 Global InfoSec Awards, which will mark their 15th year at RSAC Conference 2027 in San Francisco. The awards are aimed at the information security sector.
FL Technics Indonesia
FL Technics Indonesia Secures EASA Certification for Bali Hangar, Expanding Capabilities to European Fleets
FL Technics Indonesia says it has received EASA Part-145 approval for its Bali facility, allowing it to maintain aircraft registered in the European Union. The company says this makes it one of only a few MRO facilities in Indonesia with such approval.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not InfoWeb PR reporting.