By Lance Turner, July 15, 2014, Arkansas Business
TAC Air said Tuesday that it has agreed to purchase the assets of Supermarine of Little Rock LLC’s fixed-base operation at Clinton National Airport in Little Rock.
Terms of the deal, including a purchase price, were not disclosed. The companies expect the deal to close in August.
The move will expand TAC Air’s FBO network to 14 locations, including properties in Fort Smith and Texarkana. TAC Air, founded in 1986, is owned by the ...
By Eric Francis, Arkansas Money and Politics, July 2014
On the north side of the Bill and Hillary Clinton National Airport in Little Rock, Ark., Falcons have come and gone for more than 45 years.
Now the Falcon Jet facility that puts the finishing touches on those airplanes — owned by French aerospace giant Dassault, which had about $6.3 billion in worldwide sales last year — is preparing to build a $60 million expansion that should add decades to their presence in Arkansas.
“We ...
FAYETTEVILLE — An electronics company affiliated with the University of Arkansas at Fayetteville has received a $3.5 million contract from the U.S. Air Force to develop a power module for a fighter jet.
University officials announced Wednesday that Arkansas Power Electronics International will use the money to build a high-temperature, silicon carbide power module for the F-35 Joint Strike Fighter. APEI specializes in advanced electronics for customers, including defense, aerospace and hybrid vehicles.
The module ...
By Ryan Saylor, April 25th, 2014, Talk Business
Arkansas is known as being a large exporter of farm-raised goods, such as rice and soybeans. But another export in Arkansas could be getting a push for incentives during the next legislative session in hopes that it will help expand the industry and make Arkansas competitive with surrounding states.
According to Chad Causey, executive director of the Arkansas Aerospace Alliance, the industry is among the largest exporters in the state and it is responsible for thousands ...
