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Magazine Issue

Aerospace Daily & Defense Report, February 15, 2024

VOL. 287 NO. 32 February 15, 2024
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Daily Briefs

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Daily Briefs

Feb 15, 2024
AAR CORP. raising funds for acquisition... NORTHROP declares quarterly divident... TELEDYNE to acquire ADIMEC...

Programs

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AFRL Cuts Back Hypersonic Mayhem Demonstrator Plan

Feb 14, 2024
The U.S. AFRL has decided to wind down its ambitious air-breathing hypersonic Mayhem development program, citing insufficient operational demand.
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Sharp Increase In E-7A Costs Hindering Negotiations, USAF Says

Feb 14, 2024
Boeing has told the U.S. Air Force that nonrecurring engineering costs on the E-7A Wedgetail would be double what the service expected.
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Lockheed Stresses Global Demand For F-35s As U.S. Buys May Dip

Feb 14, 2024
Lockheed Martin expects growing international demand to keep its F-35 production line running at pace amid a potential reduction in U.S. buys of the aircraft.
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NASA Selects New Ultraviolet Telescope For Development

Feb 14, 2024
NASA has selected the UltraViolet EXplorer (UVEX) for a new astrophysics mission to study how galaxies and stars evolve across the universe.
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Airbus Exploring Certification For Light Helo Electric Backup System

Feb 14, 2024
Airbus Helicopters has begun exploring whether an electrical backup system to assist a pilot in autorotation could be certified and made cost-effective.

Funding & Policy

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U.S. Air Force Plans To Use New, Quick Start Acquisition Authority

Feb 14, 2024
The U.S. Air Force is planning to use newly provided authority to jump-start two major acquisition programs ahead of budgetary authorization.
French dassault rafale
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French Defense Spending Reached New Heights In 2023

Feb 14, 2024
France’s defense materiel agency DGA placed orders totaling €20.3 billion ($22 billion) during 2023, the highest level of spending in 15 years.

Technology

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Merlin To Demo Flight Automation On U.S. Air Force KC-135

Feb 14, 2024
U.S. startup Merlin plans to demonstrate its autonomous flight technology on a Boeing KC-135 aerial refueling tanker under an agreement with the U.S. Air Force.
jump aero emergency response
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GoAero Launches Emergency Response VTOL Prize Competition

Feb 08, 2024
The GoAero organization has launched a competition to develop and test a vertical-takeoff-and-landing aircraft in simulated emergency response missions.

Operations

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Ukraine Shows Evidence Of Possible Zircon Strike

Feb 14, 2024
The preliminary findings suggest a second member of Russia’s hypersonic arsenal has been employed against Ukraine, following strikes by the Khinzal missiles.

Business

H175
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Airbus Helicopters Plans H175 Production Rate Hike

Feb 14, 2024
Airbus is working to quadruple the production rate of the H175 to reflect the growing market need for the super-medium helicopter.
CAE
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CAE’s Profit Falls 30% In Third Quarter Fiscal 2024

Feb 14, 2024
CAE Inc. recorded a 30% annual decrease in profit in the third quarter of fiscal 2024 due to a lackluster performance by its defense business.

Defense Market Intelligence Notes

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Defense Market Intelligence Notes

Feb 15, 2024
Recent market intelligence items for aerospace & defense professionals.