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Magazine Issue

Aerospace Daily & Defense Report, March 4, 2024

VOL. 287 NO. 43 March 04, 2024
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Daily Briefs

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Daily Briefs

Mar 02, 2024
BOEING gets $3.4b for 17 Poseidons... AAR completes purchase of TRIUMPH’s product support business... COLUMBIA HELICOPTERS signs first international customer for Model 234SP...

In Brief

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In Brief: AIDC, Northrop Sign MOU For Taiwan Hawkeye Upgrade

Mar 02, 2024
News in brief.

Programs

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Blocked Minuteman III Spending Worries STRATCOM

Feb 29, 2024
A long-standing provision in the U.S. code to block investments in retiring weapon systems may negatively impact the ground leg of the nation’s nuclear triad.
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Norway’s Equinor Opens Bell 525 Orderbook

Mar 01, 2024
Bell has secured its first-ever order for its fly-by-wire 525 super-medium helicopter from a Norwegian energy company.
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GA-ASI’s Gambit Makes First Flight

Feb 29, 2024
General Atomics Aeronautical Systems announced Feb. 29 that its XA-67A Off-Board Sensing Station (OBSS) flew for the first time the day before.

Business

Spirit Aerosystems
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Boeing Buying Spirit AeroSystems Is Long-Term Gain, Short-Term Big Pain

Mar 01, 2024
Financial analysts and industry observers respond to the news that Spirit AeroSystems is mulling some kind of sale, including to Boeing and Airbus.
toy aircraft on a pile of money
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M&A Deal Flow In A&D Likely To Pick Up, Panelists Say

Mar 01, 2024
The environment for mergers and acquisitions in the aerospace and defense sector is improving amid a decrease in the cost of capital, experts say.
David Smith and Kurt Robinson
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New Robinson Leader Eyes Larger Helicopter Models

Feb 28, 2024
David Smith, incoming president and CEO of Robinson Helicopter, says it is on the verge of growth plans that potentially include developing new, larger models.
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GE Aerospace To Become Standalone Company April 2

Feb 29, 2024
GE’s breakup has been years in the making after the erstwhile conglomerate appeared to expand into too many disparate sectors and built up too much debt.
THC helicopters
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Saudi Operator THC Places Orders For 250 Helicopters

Feb 28, 2024
Saudi Arabia's The Helicopter Company has signed multi-year framework orders with Airbus and Leonardo for a combined 250 helicopters at Heli-Expo.

Funding & Policy

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AFWERX Ends Involvement In Defense Ventures Program

Mar 01, 2024
The public-private fellowship partnership placed officers, enlisted personnel and DOD civilians into startups, accelerators and venture capital firms.

Technology

HEX
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Sikorsky Reveals HEX Tiltwing Demonstrator Configuration

Feb 28, 2024
Sikorsky has unveiled the configuration of the Hybrid-Electric Demonstrator (HEX), a fully autonomous prototype to be developed with GE Aerospace, at Heli-Expo.
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NASA Chief Discusses Value Of Science With ISS Astronauts

Feb 21, 2024
Since the start of continuous staffing of the ISS by astronauts in November 2000, more than 3,000 science experiments and technology demonstrations have been logged.

Operations

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U.S. Military To Air Drop Aid Into Gaza, Biden Says

Mar 01, 2024
The U.S. military in the coming days will start a campaign of air dropping aid to Palestinians in Gaza, President Joe Biden announced March 1.

Fleet Snapshot

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Philippine Air Force Fleets + Deliveries 2024-2034

Mar 02, 2024
For more information about Aviation Week Intelligence Network’s (AWIN) 2024 Military Fleet & MRO Forecast 2024 Forecast and other Aviation Week data products, please see: https://pgs.aviationweek.com/forecast

Calendar

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Upcoming Events

Mar 02, 2024
Conferences and events for professionals in the aerospace and defense community.