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Aerospace Daily & Defense Report, August 23, 2021 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, August 23, 2021

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Business

article

SPAC Voters OK Rocket Lab Merger, With Few Redemptions

Aug 20, 2021
Low-Earth-orbit launch upstart Rocket Lab will become a publicly traded company Aug. 25 after shareholders approved a reverse merger with Vector Acquisition, a special purpose acquisition company, grossing three-quarters of a billion dollars for the 15-year-old rocket company.
JetBlue A320
article

TransDigm’s Results Support Aftermarket-Recovery Theme

Aug 20, 2021
Increased flight activity during the last quarter boosted TransDigm’s aftermarket sales both sequentially and year-over-year (YOY), yet another positive sign that the sector is in recovery mode. 

Daily Briefs

In Brief

Programs

Raytheon
article

First Two HBTSS Satellites Nearing Critical Design Reviews

Aug 20, 2021
In the last 20 years, the Missile Defense Agency has seen a shift in focus, from spending time defeating missiles that are deploying countermeasures to defending against coordinated attacks with maneuver and speed, MDA director Vice Adm. Jon Hill says.
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EC-130, C-17 Released Palletized Cruise Missiles At High Altitude

Aug 20, 2021
An EC-130SJ and a C-17A have airdropped pallets containing simulated cruise missiles during demonstrations at White Sands Missile Range in New Mexico, the U.S. Air Force said on Aug. 20.
article

USAF Restarts Dialogue With Industry For New Aerial Target

Aug 20, 2021
A request for information for a new aerial target to replicate the latest Russian and Chinese fighters restarts a dialogue that has been dormant since 2019.
article

James Webb Observations To Probe Mysteries Of Early Universe

Aug 19, 2021
One of the James Webb Space Telescope’s early science tasks, called COSMOS-Webb, will be a wide and deep mapping of the 13.7 billion-year-old universe.

Funding & Policy

article

DOD Seeks Cost Estimates For Military Space Cargo Missions

Aug 20, 2021
U.S. Transportation Command has asked launch companies and academics to provide cost estimates for delivering military cargo via space over the next 20 years. 
article

Startups Needed For Sustainable Future For Aviation: Report

Aug 20, 2021
Disruptive innovation by startups could play a key role in enabling a sustainable future for aviation, but the sector is barely being considered by investors, the Hamburg-based Sustainable Aero Lab says.

Fleet Snapshot

Technology

Microchannel Reactor Assembly
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Researchers Develop Cheaper Route To SAF From Biomass

Aug 19, 2021
A new process for producing jet fuel from ethanol with less energy and smaller facilities creates the potential for a distributed processing system located close to biomass sources, according to its developers.

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