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Aerospace Daily & Defense Report, July 3, 2023 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 3, 2023

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Technology

article

AFRL To Test Air Traffic Management For Drones, eVTOLs

Jun 30, 2023
Dubbed the Collaborative Low-Altitude UAS Integration Effort (CLUE), the system was developed by AFRL’s Information Directorate.
article

Australia’s Dovetail Secures Aircraft Electrification Grant

Jun 27, 2023
The grant supports an A$12.8 million project to develop, flight test and certify the conversion of the Cessna Caravan to electric propulsion.
Ascendance
article

Daher, Ascendance Collaborate On Hybrid-Electric Propulsion

Jun 27, 2023
Daher CEO Didier Kayat has set the target of proposing a hybrid-electric product to the market by 2027.

Daily Briefs

In Brief

Spirit Aerosystems
article

Spirit AeroSystems Union Workers Approve New Deal To End Strike

Jun 30, 2023
Union workers at the key Tier 1 aerostructures provider will return to work on July 5 after they agreed to an improved four-year labor agreement.

Funding & Policy

article

Milley: Pentagon Assessing Munitions Needs Based On Ukraine

Jun 30, 2023
The Pentagon is in the middle of reviewing its assumptions of how many munitions it would need in a war and how industry can meet its requirements.
MAKS airshow 2021
article

Russia’s MAKS Airshow Postponed To 2024

Jun 30, 2023
Russia’s major commercial international airshow MAKS will not open its gates in Zhukovsky, near Moscow, on July 25-30 as previously scheduled. 

Programs

Chengdu J-20
article

China May Have Flown J-20 With Domestic WS-15 Engines

Jun 30, 2023
Imagery circulating on Chinese social media appears to show the Chengdu J-20 equipped with WS-15 engines in flight.
article

AST SpaceMobile Sells Stock In Race Against Cash Burn

Jun 29, 2023
The Midland, Texas, company said it will use net proceeds for general corporate purposes.
Volocopter Volocity aircraft flying at Paris Air Show
article

Volocopter Reveals Details About Next-Gen VoloCity

Jun 21, 2023
Speaking at Paris Air Show, Volocopter CEO Dirk Hoke unveiled details about a previously-unreported next-generation VoloCity air taxi.

Business

article

KKR Again Raises Bid For Circor, Offering 77% Premium

Jun 30, 2023
That is far above the $49 and $51 that were both agreed to until third-parties bidders forced further plus-ups.
article

China’s Aerofugia Raises Funds For eVTOL

Jun 30, 2023
The fund will be used for continued development of the AE200, a piloted four-passenger electric-vertical-takeoff-and-landing air taxi.
article

Joby Raises $100 Million From SK Telecom

Jun 29, 2023
Joby Aviation has announced a $100 million equity sale to existing investor SK Telecom.

Operations

article

SpaceX Cargo Dragon Returns To Earth With ISS Payloads

Jun 30, 2023
The splashdown occurred as planned at 10:30 a.m. EDT off the coast of Jacksonville, Florida.

Fleet Snapshot

Calendar Of Events