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Magazine Issue

Aerospace Daily & Defense Report, February 29, 2024

VOL. 287 NO. 41 February 29, 2024
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Daily Briefs

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Daily Briefs

Feb 29, 2024
FIREFLY AEROSPACE expands in Texas... BELL sells four 429s for Middle East parapublic ops... RAYTHEON gets Standard Missile award...

In Brief

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In Brief: NASA Names Weigel New Space Station Program Manager

Feb 29, 2024
News in brief.

Business

virgin galactic unity
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Losing Half-A-Billion A Year, Virgin Galactic Races To Delta Operations

Feb 28, 2024
Virgin Galactic is reporting a net loss of $502.34 million in 2023, including a loss of $102.3 million in the fourth quarter.
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Northrop Confirms Up To 1,000 Space Employees To Be Laid Off

Feb 28, 2024
Northrop Grumman plans to lay off up to 1,000 employees at its Space Park facilities in Redondo Beach, California.
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Howmet CEO: No Titanium Buildup Due To Uncertain U.S. Future

Feb 28, 2024
Howmet Aerospace Chairman and CEO John Plant said his company will not invest in significantly expanding titanium supply capacity.
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Enstrom Faces Challenges In Returning To U.S. Helo Market

Feb 28, 2024
Enstrom is looking to reestablish its presence in the U.S. helicopter market, but is being challenged by certification and supply chain challenges.
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New Face Takes Helm At Robinson Helicopter

Feb 27, 2024
The leadership of legendary light rotorcraft manufacturer Robinson Helicopter Company has been handed to a family outsider for the first time.
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MD Helicopter Closing In On Buyer For MD902 Type Certificate

Feb 26, 2024
Six parties have expressed an interest in purchasing the MD902 Explorer helicopter type certificate, the CEO of MD Helicopters says.
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Startup Hunch Mobility Prepares For UAM Launch In India

Feb 16, 2024
With a vast population, fast-growing middle class and stifling urban congestion, India looks ripe to be a major early launch market for UAM services.

Programs

F-35A
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Singapore Selects F-35A To Join F-35B In Mixed Fleet Concept

Feb 28, 2024
Singapore will buy eight Lockheed Martin F-35A, making the RSAF one of only a handful of air arms to operate a mixed fleet of F-35A and F-35B.
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Airbus To Build H145s In U.S.

Feb 27, 2024
Airbus is to establish a final assembly line for the company’s H145 twin-engine light helicopter in the U.S.
AW609
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Italian Armed Forces Explore Missions For AW609

Feb 27, 2024
Leonardo is performing a study with Italy’s armed forces on potential missions for the AW609 as the company works to certify the tiltrotor.
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U.S./Norwegian Team Tests Upgraded Amraam-ER For NASAMS

Feb 28, 2024
A Raytheon/Kongsberg team has tested an upgraded Amraam-ER surface-to-air missile featuring a new version of the seeker and booster rocket motor.

Industry Data

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Top Ten Aerospace Companies For 2023

Feb 28, 2024
Financial results for the leading aerospace companies for 2023 place Boeing as the leader in annual operating revenue.