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Magazine Issue

Aerospace Daily & Defense Report, October 11, 2018

VOL. 266 NO. 9 October 11, 2018
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Funding & Policy

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Blue Origin, Northrop, ULA Win USAF Rocket Contracts

Oct 10, 2018
Shut out of the competition is SpaceX, although this doesn't necessarily mean it will be out of the running for future national security launches.
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U.S. Indicts Alleged Chinese Spy For GE Aviation Theft Attempt

Oct 10, 2018
The U.S. Justice Department announced Oct. 10 that it arrested and indicted a Chinese security officer earlier this year for alleged economic espionage and trying to steal trade secrets from “multiple” U.S. aviation and aerospace companies, including GE Aviation in Ohio.

SpeedNews Defense & Space

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SpeedNews Defense & Space

Oct 12, 2018
RUSSIAN NAVY’s Baltic Fleet took delivery of five recently modernized Ka-27M ASW helicopters Oct. 5.

In Brief

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FlightSafety International CEO Whitman Dies

Oct 12, 2018
Bruce N. Whitman, chairman, president and CEO of FlightSafety International, died at his home in Greenwich, Connecticut, on Oct. 10 after a brief period of failing health.

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Programs

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First Production KC-390 Flies

Oct 10, 2018
The milestone comes before the pending civil certification of the jet-powered, tactical tanker-transport aircraft by Brazil’s civil aviation authority, which is expected “very soon.”
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AeroVironment Pairs With Aerovel For FTUAS Bid

Oct 10, 2018
AeroVironment has teamed up with Washington-based Aerovel to enter the small tactical unmanned aircraft systems market to compete for a U.S. Army contract for a new fleet of Group 2-class UAS.
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NASA IG Calls For Boeing SLS Reforms

Oct 10, 2018
Boeing has underperformed and overspent in its contractual efforts to develop and produce the first core stages for NASA’s SLS, an agency IG audit says.
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DOD Assists U.S. Army On Future Vertical Lift Strategy

Oct 10, 2018
Pentagon leadership is working with the U.S. Army to ensure the Future Vertical Lift (FVL) strategy is “realistic.”
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UK Wedgetail Plan Driven By E-3 Concerns

Oct 10, 2018
Britain’s decision to consider a single-source purchase of Boeing’s E-7 airborne early warning platform is being driven by concerns that the existing capability provided by the Boeing E-3 Sentry could soon be outmatched.

Business

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TransDigm To Buy Esterline For $4B

Oct 10, 2018
TransDigm Group’s proposed $4 billion acquisition of rival Esterline Technologies could cement the former in the pantheon of top-tier Western aerospace and defense suppliers and aftermarket providers.
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Maxar To Speed Up Becoming U.S. Company

Oct 10, 2018
Satellites, Earth imagery, geospatial data and analytics provider Maxar Technologies said Oct. 9 it is speeding up its domestication into the U.S. from Canada and expects to complete the process in January 2019.
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UTC CEO Talks Up Benefits Of Breaking Up

Oct 10, 2018
United Technologies Chairman and CEO Greg Hayes has made further comments in support of a potential breakup of his multi-industrial conglomerate.
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AE Industrial Partners Acquires Atlas Group, Combines With FMI

Oct 09, 2018
AE Industrial Partners, a private equity investor, has acquired Wichita-based Aerostructures Acquisition, doing business as The Atlas Group.

DMIN

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Defense Market Intelligence Notes

Oct 12, 2018
View the Defense Market Intelligence Notes in PDF format.