Lockheed Invests In Robotic Sheet Metal Forming Startup
Lockheed Martin Ventures has invested an undisclosed amount in Machina Labs, a robotic sheet metal forming startup.
andy.savoie@av… Fri, 01/27/2023 - 21:11
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Daily Memo: When Do Mergers, Acquisitions And Divestitures Pay Off?

By Michael Bruno Jan 27, 2023
Dealmakers in mergers and acquisitions who focus on the aerospace and defense industries are expecting a healthy year ahead for what they do.
Aircraft & Propulsion

B-21 Profit Warning Draws Mixed Reviews On Wall Street

By Steve Trimble Jan 27, 2023
Although any losses remain theoretical, some market analysts no longer expect Northrop to make any profit on early B-21 production lots.
Aircraft & Propulsion
AMC Wants To Launch 100 UAVs From Single KC-135 Stratotanker
The U.S. Air Force’s Air Mobility Command wants a plan within two months to launch 100 UAVs from a single aging KC-135 Stratotanker.
andy.savoie@av… Fri, 01/27/2023 - 19:43
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Natilus, Ameriflight Sign Accord For 20 Cargo Feeder UAVs

By Ben Goldstein Jan 27, 2023
Natilus has signed a conditional purchase agreement with Ameriflight for 20 of its uncrewed regional freighters.
Aircraft & Propulsion
French Defense Agency OKs AASM Munition For Rafale Use
France’s defense materiel agency has cleared a new 1,000-kg (2,204-lb.) version of the Safran AASM munition for use on Dassault Rafale fighters.
andy.savoie@av… Fri, 01/27/2023 - 17:42
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After Tanks, Momentum Builds For Fighter Transfers To Ukraine
Momentum for the handover of fighters to supplement Ukraine’s remaining air defense fleet of Soviet-era Sukhoi Su-27s and RAC MiG-29s is gradually gaining.
guy.ferneyhoug… Fri, 01/27/2023 - 15:42
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Velocys Teams With Bechtel For SAF Plants

By Alan Dron Jan 27, 2023
The two companies have signed a master relationship agreement (MRA).
Aircraft & Propulsion

Alef Aeronautics Discloses 440 Flying Car Presales In Q4 2022

By Ben Goldstein Jan 26, 2023
Upon delivery, the orders would have a combined value of $132 million, according to the company.
Advanced Air Mobility

REGENT Lands Strategic Investment From Japan Airlines

By Ben Goldstein Jan 26, 2023
Regent, the Rhode Island-based startup developing an all-electric seaglider, has secured a strategic investment from Japan Airlines.
Advanced Air Mobility

Sikorsky Eyes Commercial Future For X2 Co-Axial Helicopter Tech

By Garrett Reim Jan 26, 2023
Sikorsky is looking ahead to applying its X2 coaxial rigid-rotor compound helicopter technology to commercial aircraft.
Aircraft & Propulsion
Report Notes Record Investment Spurred By Space Station Research
Space startups raised a record-setting $550 million in private and public capital and grant funding during the first quarter of fiscal 2022.
andy.savoie@av… Thu, 01/26/2023 - 19:44
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Textron Aviation To Deliver Trainers To U.S. Navy Based On King Air 260
The contract signing confirms the Wichita-based manufacturer will replace the Navy’s T-44 fleet of aircraft.
andy.savoie@av… Thu, 01/26/2023 - 18:27
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Boom Breaks Ground On Overture Factory

By Guy Norris Jan 26, 2023
Work on the site gets underway almost exactly a year after Boom Supersonic announced it had selected Greensboro as its production, test and delivery facility.
Manufacturing & Supply Chain
Italy Contracts Industrial Partners For Future Combat Aircraft
The agreements come just more than a month since the GCAP enterprise was formed.
andy.savoie@av… Thu, 01/26/2023 - 17:53
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Airbus To Hire 13,000 New Employees In 2023

By Jens Flottau Jan 26, 2023
Airbus intends to hire another 13,000 new employees in 2023, roughly the same number the company added in 2022.
Manufacturing & Supply Chain

Northrop Warns Of Possible Losses On B-21 Production

By Steve Trimble Jan 26, 2023
The potential loss would reflect inflationary pressures and the impact of supply chain disruptions on the first five lots of low-rate production.
Aircraft & Propulsion

Leonardo Swaps Out AW09’s Honeywell Engine In Favor Of Safran

By Tony Osborne Jan 26, 2023
Leonardo has decided to ditch Honeywell’s HTS900 turboshaft for Safran’s Arriel 2K turbine for the AW09 single engine light helicopter. 
Aircraft & Propulsion
Electra Secures Strategic eSTOL Funding From U.S. Air Force
The funding will be used to build a full-scale prototype of Electra’s hybrid-electric short-takeoff-and-landing aircraft.
guy.ferneyhoug… Thu, 01/26/2023 - 13:30
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NASA Successfully Fires Rotating Detonation Rocket Engine
The test confirmed that a 3D-printed engine could operate for long periods at full throttle with a rotating detonation approach to combustion.
steve.trimble@… Thu, 01/26/2023 - 13:27
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U.S. Army, Textron Confident In FLRAA Schedule Despite Protest
The U.S. Army and Bell parent company Textron on Jan. 25 expressed confidence in the aggressive schedule of the Future Long Range Attack Aircraft program.
andy.savoie@av… Wed, 01/25/2023 - 23:05
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U.S. Army Plans To Ease Production Stress From Ukraine Surge
The U.S. Army in the next two months will award multiple large contracts to replenish its stocks of critical munitions that have been sent to Ukraine.
andy.savoie@av… Wed, 01/25/2023 - 22:47
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Boeing Unveils New Military Blended Wing Body Concept

By Brian Everstine Jan 25, 2023
Boeing has unveiled a redefined scalable configuration for potential development as a tactical airlifter C-130 replacement or a C-17-sized strategic transport.
Aircraft & Propulsion
DOD Revises Policy On Autonomous Systems Development
The Pentagon on Jan. 25 issued an updated version of its decade-old guidance governing the development of autonomous systems.
andy.savoie@av… Wed, 01/25/2023 - 21:36
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Pilot Shortage Minor Problem For eVTOL Industry Growth: Archer CEO

By Garrett Reim Jan 25, 2023
The pilot shortage that is pinching airline industry growth will not significantly slow the expansion of electric air taxi service, says Archer Aviation's CEO.
Advanced Air Mobility