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Magazine Issue

Aerospace Daily & Defense Report, May 4, 2016

VOL. 256 NO. 24 May 04, 2016

Business

article

French Aerospace Sees Record Sales, Orders In 2015

May 03, 2016
France’s aerospace and defense industry saw record sales in 2015 of €58.3 billion ($67.1 million), up 8.5% over the previous year, much of it due to exports that accounted for €39.4 billion, an increase of 14% over 2014.
article

Finmeccanica Renamed Leonardo-Finmeccanica

May 03, 2016
Italian aerospace and defense company Finmeccancia is now known as Leonardo-Finmeccanica.
article

XTI Rescopes, Plans Subscale Prototype After Setbacks

May 02, 2016
Startup XTI Aircraft has regrouped after the sudden death in February of its public face, experienced industry executive Jeff Pino.

SpeedNews Defense & Space

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SpeedNews Defense & Space

May 04, 2016
LOCKHEED MARTIN has $1.27b U.S. Navy contract for 13 F-35Bs for...

In Brief

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Tractica Forecasts $8.7B Global Small UAV Services Revenue By 2025 & Space

May 04, 2016
According to consultancy Tractica, annual revenues from “drone-enabled” services will grow from...

Programs

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India’s Rafale Deal Hits Another Snag

May 03, 2016
India and France’s long-gestating deal to buy 36 Dassault Rafale fighters may have run into another hurdle, this time in the form of objections from India’s law ministry.
article

Second Half of ExoMars Delayed Two Years to 2020

May 03, 2016
The European Space Agency (ESA) and Russian space agency Roscosmos will delay the second leg of a two-pronged robotic mission to Mars from 2018 to mid-2020, ESA said May 2.
article

India To Develop Quick-Reaction SAM

May 03, 2016
India’s Defense Research and Development Organization will work with state-run Bharat Dynamics Ltd. to build a Quick Reaction Surface-to-Air Missile.
article

Leonardo Launches Second-Generation AESA Radar

May 03, 2016
Leonardo-Finmeccanica has unveiled what it calls a second generation of active electronically scanned-array (AESA) search radars.
article

Burke Tests Missile Following Aegis Upgrades

May 03, 2016
The crew of the guided-missile destroyer DDG 51 USS Arleigh Burke recently launched a Standard Missile-2 (SM-2) missile off the coast of Virginia, the U.S. Navy says.

Funding & Policy

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Australia Defense Spending To Rise 2.6%

May 03, 2016
Australia is budgeting a 2.6% inflation-adjusted rise in defense spending for the fiscal year beginning July 1, underpinning a commitment to lift its military budget to 2% of gross domestic product by 2020-21.
article

Caltech Names Michael Watkins JPL Director

May 02, 2016
Michael Watkins, a veteran Jet Propulsion Laboratory spacecraft engineer, will return to the Pasadena, California, facility as director July 1.

Operations

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Investigators Say Technical Woes Caused EC225 Crash

May 03, 2016
Norwegian investigators probing the fatal crash of a CHC-operated Airbus H225/EC225 on April 29 say it was caused by technical problems, not pilot error.