Worldwide: Aviation

The UK's increased defence spending and zero-tariff trade on aircraft parts with the US is generating broad interest in the UK defence sector. Yet investors should be aware of mandatory regulatory filing requirements.

Commercial License Streamlining. Executive Order 14335 (EO or the Order) directs the Department of Transportation (DOT), Commerce, Defense, Interior, NASA, and Council on Environmental Quality...

On July 28, 2025, the White House announced that the United States and European Union reached a new trade agreement.

Pryor Cashman represented B&S Aircraft Alloys, Inc., a global distributor of high-performance metal alloys serving the aerospace, defense, and energy industries...

The IRS continues to scrutinize the use of privately owned aircraft with many active audits pending.1 In 2024, the IRS launched a campaign...

The transportation sector is undergoing rapid change driven by infrastructure funding priorities, environmental policy battles, and evolving domestic manufacturing mandates.

On July 16, 2025, the U.S. Department of Commerce published a Federal Register notice soliciting public comments on an investigation into the national security impacts of imported unmanned aircraft systems (UAS or drones) and their parts and components. Interested parties are invited to submit comments by August 6, 2025.

The U.S. Department of Commerce initiated new Section 232 investigations to assess the national security implications of imports of polysilicon and unmanned aircraft systems (UAS) on July 1, 2025.

Significant Changes Will Affect Environmental Review of Commercial Aviation, Advanced Air Mobility, and Commercial Space Projects