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Aerospace Daily & Defense Report, July 21, 2014 is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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Magazine Issue

Aerospace Daily & Defense Report, July 21, 2014

Programs

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Bell Picks TRU To Supply 525 Simulator

Jul 21, 2014
TRU Simulation + Training will build the first full-flight simulator for Textron sister company Bell Helicopter’s Model 525 medium twin. The Level D simulator is to be operational in the first quarter of 2016, in Bell’s Fort Worth training center. The simulator will be built by the Tampa-based former Opinicus, acquired by Textron in November along with Montreal-based training device manufacturer Mechtronix and merged to form TRU.

Calendar

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Upcoming Events

Jul 21, 2014
To list an event, send information in calendar format to Donna Thomas at [email protected]. (Bold type indicates new calendar listing.) July 21-23 — NDIA 29th Annual National Test & Evaluation Conference, The Westin Washington, Washington, D.C. For more information go to www.ndia.org/meetings/4910/Pages/default.aspx

Business

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GE Invests As Defense Budgets Decline

Jul 21, 2014
FARNBOROUGH — Investment by GE Aviation in next-generation military engines will increase by 50% next year even as military budgets decline in the U.S. and around the world. The goal: to develop a sixth-generation fighter engine for the U.S. Air Force and Navy, and an advanced engine for helicopters. They will all incorporate ceramic matrix composites (CMCs) in the hot section, and 3-D printing (additive manufacturing) for difficult-to-make parts.
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Space Entrepreneurs Find Their Funds in Silicon Valley

Jul 21, 2014
Wall Street is playing second fiddle in finding innovative “new space” ventures, as startup space companies draw investors along with technology from California’s Silicon Valley. Representatives of three new companies making money (or at least positioning themselves to do so) told a July 17 Washington, D.C., symposium sponsored by the Future Space Leaders Foundation that once they have something to pitch, the best place to start looking for venture capital is on Menlo Park’s Sand Hill Road, the Silicon Valley version of New York’s financial center.

Funding & Policy

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Pentagon: SA-11 Likely Downed MH17

Jul 21, 2014
POINT OF ORIGIN: Pentagon Press Secretary Rear Adm. John Kirby says signs indicate that Malaysia Airlines Flight MH17 was shot down by a surface-to-air missile system that may have been a Russian-made SA-11. The Boeing 777-200ER was shot down July 17 over the disputed eastern border of the Ukraine with Russia, where Russian separatists are fighting the Ukrainian military. All 283 passengers and 15 crew were killed. “It was hit by a surface-to-air missile at an altitude of about 33,000 feet,” Kirby says.
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U.K. Defense Investment Boost Includes Istar Funding

Jul 21, 2014
FARNBOROUGH — In what the UK’s prime minister calls “a remarkable turnaround in our defense budget, the country is planning to invest £1.1 billion in its military.”
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Airbus Wants A Shot At U.K. Maritime Patrol Aircraft

Jul 21, 2014
FARNBOROUGH — The head of Airbus Military U.K says he wants to “bust the myth” that the Boeing P-8 Poseidon is the only reasonable solution fo Britain’s lack of a maritime patrol aircraft (MPA). Airbus is proposing a version of its C295 MPA, and Airbus Military U.K CEO Richard Thompson says that it will “meet 90% of the requirement,” cost half as much to acquire and fly at 20-25% of the operating cost. “All we’re asking is to have competition. We’re not scared of it,” he says.

Program

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EriEye Gains Ground Surveillance

Jul 21, 2014
FARNBOROUGH — A ground moving target indication (GMTI) mode is the latest addition to Saab’s EriEye airborne early warning and control system, company officials said here July 16