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Magazine Issue

Aerospace Daily & Defense Report, May 19, 2017

VOL. 260 NO. 35 May 19, 2017
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Programs

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Boeing Nearing Contract For Block II Chinook

May 18, 2017
Boeing has reached a “handshake agreement” with the U.S. Army for the development of the future CH-47 Block II Chinook.
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Philippines Yet Again Seeks Tenders For Light Attackers

May 17, 2017
The Philippines has yet again reissued a request for tenders for six light attack aircraft it has been seeking since 2012.
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Sweden Wants Japan To Consider Saab As Future Fighter Backer

May 18, 2017
Sweden is urging Japan to consider Saab as a possible technical backer for the Future Fighter Program.

SpeedNews Defense & Space

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SpeedNews Defense & Space

May 19, 2017
RAYTHEON has U.S. Air Force contract worth up to $49m to provide means for compliance with FAA Automatic Dependent Surveillance - Broadcast mandate for T-38A/B, A-10. SIKORSKY has $37.6m U.S. Army contract for overhaul of 381 UH-60 tail rotor blades. SPACEFLIGHT plans to purchase Electron rocket from ROCKET LAB to increase the frequency of its dedicated rideshare missions.

Business

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Honeywell Launches Venture Capital Effort

May 17, 2017
Honeywell on May 17 unveiled a roughly $100 million corporate venture capital (CVC) effort to invest in early stage, high-growth technology companies that match the Tier 1 provider’s portfolio and software ambitions.
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No Big Acquisitions For Rockwell Collins In Near Term

May 19, 2017
Rockwell Collins could see further acquisitions on the horizon, but any such deals in the next few years would be much smaller than its recent $8.6 billion takeover of interiors specialist B/E Aerospace. The supplier made a commitment to ratings agencies that it would service a portion of the debt it took on in that deal, Rockwell Collins CEO Kelly Ortberg says. Therefore, the company does not expect any big acquisitions in the near term.

Funding & Policy

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As Election Looms, UK Political Parties Lay Out Defense Plans

May 18, 2017
Britain’s Conservative Party has pledged it will increase the country’s defense budget by 0.5% a year above inflation until 2022 as it seeks re-election in the upcoming snap general election on June 8.

Technology

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Solar Impulse Co-founder Talks Electric Propulsion

May 02, 2017
Solar Impulse co-founder Andre Borschberg’s new venture, H55, plans to develop certified electric propulsion systems for aircraft manufacturers.

Forecast Friday

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Top 10 Western Transport Aircraft MRO Demand 2017-2026

May 19, 2017
View the Top 10 Western Transport Aircraft MRO Demand 2017-2026 chart in PDF format.