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Magazine Issue

Aerospace Daily & Defense Report, April 16, 2020

VOL. 272 NO. 9 April 16, 2020
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Business

Spirit AeroSystems
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Spirit Aero Warns COVID-19 Will Hammer Quarterly Results

Apr 15, 2020
Spirit AeroSystems—the primary supplier to Boeing including for much of the 737 MAX and which does substantial defense industry work—warned Wall Street on April 14 it will record a roughly $160 million loss for the recently ended first quarter of 2020, as well as a pretax loss of around $102 million.
article

Born Into World of COVID-19, Howmet Aerospace Seeks Survival First

Apr 15, 2020
Howmet Aerospace has eight mostly smaller manufacturing plants that are closed because of the coronavirus, the company’s chief executive said late April 14, and more were shuttered in March when the Pittsburgh-based supplier was still part of Arconic.
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Elbit Admits To Business Disruptions From COVID-19

Apr 13, 2020
Israel-based defense contractor Elbit Systems, which has a major U.S. subsidiary, acknowledged issues in its operations on April 13 and said it started carrying out unspecified “cost-control measures to help limit the financial impact on the company.”
aircraft
article

Aurora Founder Plans Hybrid-Electric Regional STOL Venture

Apr 15, 2020
John Langford, founder and former CEO of Aurora Flight Sciences, is launching a new venture to develop hybrid-electric regional transport aircraft. 

Daily Briefs

Daily Briefs promo image
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Daily Briefs

Apr 15, 2020
Brief news items of interest to aerospace & defense professionals.

In Brief

In Brief promo image
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White House Taps Defense Execs To Help Reopen U.S.

Apr 15, 2020
News in brief

Operations

article

Osiris-Rex Rehearses Asteroid Landing Maneuvers

Apr 15, 2020
Osiris-Rex, NASA’s first-ever asteroid sample return mission, successfully carried out a 4-hr. series of spacecraft maneuvers and deployments on April 14, preliminary data show.

Technology

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COVID-19 Delays Hydrogen-Electric Aircraft Propulsion Startup’s Flight

Apr 08, 2020
COVID-19 lockdowns in California and the UK have affected a U.S. startup’s plan to fly a hydrogen fuel-cell propulsion testbed as early as this month.

Funding & Policy

Airbus
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Europe Begins Consultations On Next Civil Aviation Research Program

Apr 09, 2020
Europe will launch the public consultation on the technology road map for the proposed Clean Aviation public-private partnership that would follow the current Clean Sky 2 research program.