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Magazine Issue

Aerospace Daily & Defense Report, August 2, 2018

VOL. 265 NO. 23 August 02, 2018
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Business

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BAE Takes Profit Hit; Upbeat On Combat Air

Aug 01, 2018
Operating profits for the first six months of 2018 dropped to £792 million ($1 billion) compared with £885 million in 2017.
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Leonardo Encouraged By Increased Helo Deliveries

Aug 01, 2018
Italian aerospace and defense company Leonardo says it has overcome helicopter production and delivery glitches that led to investor concern about one of the most profitable elements of the business.
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Harris Stock Jumps On Strong 2019 Defense Outlook

Aug 01, 2018
Shares of Melbourne, Florida-based Harris grew nearly 10% on July 31 after the midsized A&D supplier unveiled robust results for its recently finished fiscal 2018.
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Arconic Strategic Review Kicks Off with Sale

Jul 31, 2018
Major aerospace and defense supplier Arconic has decided to sell its Building and Construction Systems business.

SpeedNews Defense & Space

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SpeedNews Defense & Space

Aug 03, 2018
LOCKHEED MARTIN has $171.7m U.S. Navy contract for diminishing manufacturing sources redesign activities for F-35 Lightning II.

In Brief

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Should Israel Develop A UAS Carrier?

Aug 03, 2018
The development of an increasing number of unmanned aircraft systems (UAS) for maritime missions is prompting the Israeli navy and air force to ask with increasing seriousness whether a UAS carrier is needed.

Funding & Policy

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Pentagon Streamlines Hypersonics Development

Aug 01, 2018
“What we have not done is we have never chosen in the past to weaponize [hypersonics]," Pentagon research chief Michael Griffin says. "Now others are doing so."
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Pentagon’s Space Force Report Delayed

Jul 31, 2018
The highly anticipated report from Deputy Defense Secretary Patrick Shanahan on how the Pentagon should manage and organize its space forces will not be released on Aug. 1 as directed by Congress.

Technology

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Boeing To Create Autonomy Research Center At MIT

Aug 01, 2018
The Boeing Aerospace & Autonomy Center in Cambridge, Massachusetts, will be operated by Boeing subsidiary Aurora Flight Sciences, which already has a research and development center close to MIT.

Programs

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Second Australian Aegis Destroyer Delivered

Aug 01, 2018
The Royal Australian Navy (RAN) has taken delivery of a second Aegis destroyer in a program that is running late but now appears to have stabilized.
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NASA’s TESS Exoplanet Search Begins

Jul 30, 2018
NASA’s Transiting Exoplanet Survey Satellite (TESS) is expected to transmit its first extra solar system planet search data back to Earth in early August.

Operations

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Indian Space Agency Gears Up For Year-end Space Launches

Jul 27, 2018
India’s space agency is preparing for a hectic end of 2018, with several rocket launches planned from September onward, the country’s top scientist says.

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DMIN

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Defense Market Intelligence Notes

Aug 03, 2018
View the Defense Market Intelligence Notes in PDF format.