Latest news with #avionics
Yahoo
6 days ago
- Business
- Yahoo
Strong Profits and Stable Outlook Boost Appeal of Innovative Solutions
Innovative Solutions and Support, Inc. (NASDAQ:ISSC) is one of the . The company buzzes with insider activity following strong Q2 growth reported in the earnings call. An engineer in a meeting room, strategizing the future of the company's utility management system. Innovative Solutions and Support, Inc. (NASDAQ:ISSC) is a Pennsylvania-based company, engaged in the business of designing, developing, manufacturing, and servicing advanced avionics systems. This includes flight guidance, autothrottles, air data computers, GPS units, and cockpit displays. The company integrates NextGen avionics and digital cockpit technologies to cater to the needs of commercial, business aviation, and military segments. On May 14, 2025, Innovative Solutions and Support, Inc. (NASDAQ:ISSC) released its second quarter results for 2025. It highlighted a 100% growth in revenue owing to new military programs and legacy platforms. The company also reported an EBITDA growth of over 260% and a profit increase of over 300% from the previous year, while announcing a strong backlog of approximately $80 million. Despite the strong quarter results, the company's significant shareholder, Christopher Harborne, has been selling a notable amount of shares throughout June and July 2025. His latest sale was 217,508 shares, on July 1, 2025, for a transaction value of $2,975,091. However, with the beta currently at 0.96 and an anticipated EPS growth of 35.27% for the next five years, Innovative Solutions and Support, Inc. (NASDAQ:ISSC) might still attract investors seeking a sturdy income at a lower risk. While we acknowledge the potential of ISSC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Metal Stocks with Insider Buying in 2025 and 10 Energy Stocks with Insider Buying in 2025 Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
6 days ago
- Business
- Wall Street Journal
Thales Lifts Sales Guidance Amid Strong Defense, Avionics Businesses
Thales HO -1.10%decrease; red down pointing triangle raised its sales forecasts for the year as its defense and avionics businesses continue to benefit from increases in production capacity for both military hardware and aircraft. The French aerospace-and-defense company now expects organic sales growth between 6% and 7% this year compared with its previous guidance of 5% to 6% growth. Its adjusted earnings before interest and taxes margin, a closely watched measure of profitability, should still range from 12.2% to 12.4%.
Reuters
6 days ago
- Business
- Reuters
Thales raises 2025 sales growth forecast on strong defence demand
July 23 (Reuters) - French defence and aerospace group Thales ( opens new tab raised its 2025 sales growth forecast on Wednesday after posting higher first-half sales and profit amid higher military spending in Europe. Europe's largest defence electronics firm also said its widely watched adjusted operating profit rose 12.7% on a comparable basis to 1.25 billion euros, fractionally above market forecasts, led by the Aerospace and Defence units. The company, whose portfolio spans fighter radars to seat-back screens for airlines, now expects 2025 sales growth of between 6% and 7% instead of the 5% to 6% it had forecast previously, pointing to full-year revenue between 21.8 billion euros ($25.62 billion) and 22 billion euros. Thales, partially owned by the French state, said sales rose 8.1% on a like-for-like basis to 10.27 billion euros in the first half, while new orders fell 4% to 10.35 billion due to a tough comparison with last year's surge in big-ticket deals. Revenues were slightly lower than expected, though orders came in ahead of expectations. Analysts had on average been forecasting half-year sales of 10.35 billion euros and 9.02 billion euros of fresh orders, as well as an adjusted operating profit of 1.22 billion euros, according to a company-compiled consensus. The increase in sales was mostly driven by defence and avionics activities, CEO Patrice Caine told reporters. Thales confirmed that it expects revenues to exceed new orders this year and its adjusted operating margin to reach between 12.2% and 12.4% for the full year. The Paris-based company's shares have risen about 78% so far this year, as military spending soars in Europe in the wake of Russia's invasion of Ukraine and signs the region will need to shoulder more responsibility for its own defence. French President Emmanuel Macron pledged earlier this month to double defence spending by 2027, three years ahead of the original 2030 target. Macron's move 'clearly supports business momentum,' Caine said, noting that accelerating investment under France's defence budget would fuel growth in the group's operating performance. Thales is also one of many European companies watching for any impact of trade tensions, particularly on civil businesses. CFO Pascal Bouchiat said U.S. tariffs would have a limited operational impact, however, estimating a hit of "several tens of millions of euros" in 2025 if 10% reciprocal duties were imposed between the U.S. and Europe. More than half of Thales' revenue comes from defence, which is exempt from such duties, he added, noting that the group's 'multi-domestic' structure limits cross-border flows. The group's tariff exposure involves aerospace repairs between Europe and the U.S. and bank card exports from Mexico to the U.S., Bouchiat said. "We are relatively well protected (from tariffs). We can benefit from alternative import schemes, namely temporary imports, which allow us to significantly reduce import tariffs in the United States". The CFO added that the group could shift bank cards production from its Mexican plant to other facilities, such as Singapore, to serve the U.S. market if tariffs on Mexico rose sharply. ($1 = 0.8508 euros)
Yahoo
19-06-2025
- Business
- Yahoo
Avionics Market Share worth $85.29 billion by 2030 with 9.7% CAGR- Exclusive Report by The Research Insights
CHICAGO, June 19, 2025 /PRNewswire/ --The global avionics market is projected to be valued at USD 48.84 billion in 2024 and reach USD 85.29 billion by 2030, growing at a CAGR of 9.7% according to a new report by The Research Insights. Next-generation aircraft demands from commercial and military sectors are driving the significant transformation of the avionics market. The global expansion of air travel compels airlines to improve operational efficiency while reducing fuel consumption and enhancing passenger safety. Defense organizations are placing fleet modernization at the top of their agenda to preserve their strategic and technological advantage. The adoption of advanced avionics systems is receiving substantial growth due to these influential factors. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the avionics market growth of 9.7% comprises system, component, platform and geography which are expected to register strength during the coming years. For More Information and To Stay Updated on The Latest Developments in The Avionics Market Share, Download FREE Sample Pages: Market Overview and Growth Trajectory: Avionics Market Growth: According to an exhaustive report by The Research Insights, the Avionics Market is undergoing significant growth, driven by changing regulatory mandates that target airspace safety improvements along with airspace efficiency and surveillance enhancements. The worldwide deployment of Automatic Dependent Surveillance–Broadcast (ADS-B) systems stands out as a leading force in modern aviation trends. The FAA and EASA in the U.S. and Europe require aircraft operating in controlled airspace to have ADS-B Out systems installed. The implementation of new regulations has pushed commercial airlines along with business jet operators and general aviation fleets to quickly upgrade their avionics equipment. Modernization of Military Aircraft: Military aircraft modernization efforts worldwide are fueling the rapid growth of the avionics market. Countries worldwide boost their military spending to enhance current aircraft capabilities alongside acquiring new planes due to increasing geopolitical tensions and changing defense strategies. The central component of these system updates is cutting-edge avionics technology. This situation creates a significant and ongoing supply chain for the avionics industry. Countries are both upgrading their legacy fighter jets and surveillance helicopters with advanced avionics while demanding top-tier technology in aircraft currently under development. The U.S., China, India along with multiple NATO members lead this modernization wave through their partnerships with defense contractors and avionics experts. The shift toward network-centric warfare based on electronic superiority will produce growing needs for secure and AI-enhanced avionics systems that can operate across different platforms. The avionics market functions as a vital strategic tool that empowers air defense systems beyond just a support role. For Detailed Market Insights, Visit: Growth in Unmanned Aerial Vehicles (UAVs): Unmanned Aerial Vehicles (UAVs) have rapidly transformed aviation while simultaneously creating new opportunities for avionics market development. The application of UAVs has expanded beyond military reconnaissance to include uses in surveillance and agriculture as well as infrastructure inspection and emergency response activities and last-mile delivery operations. The expansion of UAV applications drive increased demand for specialized miniaturized avionics systems capable of autonomous flight operations and data transmission. The current rise in UAV deployment acts as a rapidly expanding dynamic sector within the avionics market. Defense and commercial industries invest heavily in the development of lightweight and power-efficient avionics systems which offer strong performance specifically for drones. Advanced avionics systems serve as a fundamental requirement across all UAV types from military drones like the MQ-9 Reaper to commercial quadcopters delivering packages. The UAV industry's expansion will accelerate as airspace regulations develop further and integration becomes more efficient. A core component of the advancing ecosystem the avionics market enables drones to achieve unprecedented levels of safety and intelligence while covering greater distances. Navigation Systems Lead as the Backbone of Modern Avionics: Navigation systems have become the top choice in the avionics market because both commercial and military aviation sectors require improved precision, safety measures and automation functionality. The growing dependency on satellite navigation systems including GPS and GNSS together with INS requires modern aircraft to maintain uninterrupted real-time location and pathfinding capabilities throughout all flight operations. Next-generation aircraft alongside the rapid growth of Unmanned Aerial Vehicles (UAVs) drive quicker adoption of sophisticated navigation systems that work together with flight management systems (FMS), autopilot modules, and terrain awareness solutions to boost situational awareness while decreasing pilot workload. The requirement for performance-based navigation (PBN) and future air navigation systems (FANS) compliance forces airlines and defense forces to make updates to their existing systems. The aviation market continues to rely on navigation systems as a major source of revenue due to their innovative features which include enhanced redundancy and resistance to jamming/spoofing along with AI-based route optimization capabilities. Stay Updated on The Latest Avionics Market Trends: Geographical Insights: The avionics market shows strong regional variations where North America dominates due to its developed aerospace infrastructure and leading industry players like Honeywell and Collins Aerospace combined with Garmin and early technology adoption including ADS-B and integrated modular avionics. The Asia Pacific region stands out as the most rapidly growing avionics market because of the swift domestic air travel expansion along with defense budget growth and indigenous aircraft development programs in nations including China, India, and South Korea. Europe sustains its powerful presence in the worldwide avionics market through the support from leading aircraft manufacturers like Airbus and Dassault Aviation. Avionics Market Segmentation and Geographical Insights: Based on system, the market is divided into navigation systems, communication, flight management, traffic & collision management, weather and others. The navigation systems segment held the largest share of the avionics market in 2024. Based on component, the market is divided into hardware and software. The hardware segment held the largest share of the avionics market in 2024. Based on platform, the market is divided into commercial aviation, military aviation and business & general aviation. The commercial aviation segment accounted for a larger share of the avionics market in 2024. The avionics market is segmented into five major regions: North America; Europe; Asia Pacific; Latin America; Middle East & Africa. Purchase Premium Copy of Global Avionics Market Size and Growth Report (2024-2030) at: Key Players and Competitive Landscape: The Avionics Market is characterized by the presence of several major players, including: Thales S.A. Honeywell International Inc. RTX Corporation L3Harris Technologies, Inc. Leonardo S.p.A. General Electric Company BAE Systems plc Northrop Grumman Elbit Systems Ltd. Safran S.A. These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market. Avionics Market Recent Developments and Innovations: In March 2025, Thales (France) signed an avionics support deal for Malaysia Airlines' new A330neos. In February 2025, GE Aerospace (US) was awarded a contract to provide performance-based logistics (PBL) avionics support for the F/A-18, AV-8B, and AH1-Z aircraft globally. In July 2024, L3Harris Technologies, Inc. (US) secured an avionics contract with Air India for next-generation voice and data recorders. For Region-Specific Market Data, Check Out Brief Sample Pages: Key Questions Addressed: What is the key opportunity in the avionics market?The rise of electric vertical take-off and landing aircraft creates new demand for lightweight, high-performance avionics systems. What is the expected market size for avionics market by 2030? The expected market size for avionics is USD 85.29 Billion in 2030. Which are the major platform where avionics is used?Major platform includes commercial aviation, military aviation and business & general aviation. Which system segment for avionics market has the potential to register the highest market share? Navigation system segment for avionics market is expected to register highest market share of 35% in 2024. Which region is estimated to witness a high demand for avionics over the forecast period? Asia Pacific is estimated to witness a high demand for avionics growing at a CAGR of 11.3% over the forecast period Who are the key players in avionics market?The key players in the market are Thales S.A., Honeywell International Inc., RTX Corporation, L3Harris Technologies, Inc., Leonardo S.p.A., General Electric Company, BAE Systems plc, Northrop Grumman, Elbit Systems Ltd. and Safran S.A. Conclusion: The avionics market experiences a significant transformation due to combined influences from regulatory requirements and technological advancements alongside increased demands from commercial aviation and defense aviation sectors. The need for better situational awareness and operational safety combined with fuel efficiency requirements has made advanced avionics systems like Flight Management Systems (FMS), Electronic Flight Instrument Systems (EFIS), and Integrated Modular Avionics (IMA) indispensable for airlines and military operations. The rise in global defense budgets has enabled modernization projects which rely on avionics advancements to enhance combat readiness and communication systems. The fast-growing use of Unmanned Aerial Vehicles (UAVs) in surveillance, delivery services, and industrial sectors generates new requirements for compact intelligent avionics systems that support autonomous functioning. Navigation systems function as essential system components that integrate with comprehensive avionics suites to deliver real-time positioning and maintain terrain awareness and airspace efficiency. The combination of these elements is preparing the avionics market for ongoing expansion by prioritizing digitization and autonomy along with cybersecurity and global interoperability in its future development. Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: The report from The Research Insights, therefore, provides several stakeholders—including component suppliers, avionics system manufacturers, OEMs, aircraft manufacturers, MRO providers and end users —with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. With projected growth to US$ 85.29 billion by 2030, the Avionics Market represents a significant opportunity for component suppliers, avionics system manufacturers, OEMs, aircraft manufacturers, MRO providers, end-users, investors, industry stakeholders, and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape. Check out more related studies published by The Research Insights: U.S. Biodefense Market - The biodefense market in the U.S. is projected to reach USD 13.4 billion by 2023, with a growth rate of 4.1% anticipated from 2024 to 2030. As concerns over bioterrorism and emerging infectious diseases continue to escalate, governments worldwide are bolstering their investments in this sector to safeguard public health and safety. A significant boost to the market is provided by government funding and support aimed at advancing research, development, and production of countermeasures against biological threats. Drone Market - The global drone market size is expected to reach USD 163.60 billion by 2030, according to a new report by The Research Insights. It is projected to register a CAGR of 14.3% during the forecast period, driven primarily by advancements in drone technology that are revolutionizing industries worldwide. Improved battery efficiency, AI-powered autonomous systems, and enhanced imaging sensors are key factors behind this growth, enabling drones to take on more complex tasks with ease. Aviation IoT Market - The global aviation IoT market size is expected to reach USD 36.20 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 23.3% from 2023 to 2030. The global aviation IoT market is poised to experience significant growth over the next decade, driven by an increasing focus on passenger experience and air travel's rising popularity. Aircraft Sensors Market - The global aircraft sensors market size is anticipated to reach USD 5.50 billion by 2030 and is projected to grow at a CAGR of 6.9% from 2024 to 2030, according to a new report by The Research Insights. The latest technological advancements in smart sensors and miniaturization are significantly impacting the market, enabling real-time data provision and predictive maintenance while maintaining optimal aircraft performance. Browse More related reports on Technology Market – About The Research Insights: The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions. Contact Us:If you have any queries about this report or if you would like further information, please contact us: Contact Person: Kaushik RoyE-mail: sales@ +1-312-313-8080Blog: Press Release: Latest News: | Logo: View original content: SOURCE The Research Insights Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-05-2025
- Business
- Yahoo
Redwire Corporation (RDW) Awarded Critical Avionics Technology Contract for ESA's NGGM Satellites
Redwire Corporation (NYSE:RDW) on Thursday announced that it had received a critical avionics technology contract from SpaceTech GmbH for the European Space Agency's (ESA) Next Generation Gravity Mission (NGGM) satellites. These satellites are ESA's contributions to the Mass Change and Geophysics International Constellation (MAGIC), an Earth observation satellite constellation, planned by ESA and NASA, to measure fluctuations in Earth's gravitational field. The joint mission will involve four satellites – two GRACE satellites built through NASA and the German Aerospace Center, and two NGGM satellites developed through ESA. The constellation is expected to provide critical data related to water management applications, including sea levels, floods, glacier melts, and drought monitoring. Redwire Space NV, a wholly-owned subsidiary of Redwire Corporation (NYSE:RDW) will design and develop the engineering qualification model of the spacecraft's ICU, which will control and manage NGGM's primary scientific instrument. It will also be responsible for collecting and processing data, as well as communication between the instrument and other systems of the satellite. Mike Gold, the President of Redwire Corporation (NYSE:RDW)'s Civil and International Space Business, stated the following on the contract award: 'We are proud to bring our unparalleled expertise in spacecraft avionics and control systems to support ESA's contribution to this important multinational mission. Redwire's flight-proven, high-reliability avionics is perfectly suited for the complexity of NGGM and MAGIC, and continues to enable Europe's most game-changing missions, including IXV, Proba-2, Proba-V, and Proba-3, with additional missions scheduled for launch in the future.' While we acknowledge the potential of RDW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RDW and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: ChatGPT Stock Advice: Top 12 Stock Recommendations and 10 Cheap Rising Stocks to Buy Right Now. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
