Kevin Martin, chief information officer at Cadence Aerospace, has been appointed to serve in an additional role as CEO of the engines systems business starting Jan. 1, 2021.

Olivier Jarrault, who led Albany International for nearly two years as president and CEO, joined the board of directors at aircraft components and support services provider Cadence Aerospace.

Rocket Lab has announced that it will try to recover its Electron rocket's first stage using a parachute system during its next mission that is slated for launch in mid-November.