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Aerospace Daily & Defense Report, April 24, 2024 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, April 24, 2024

VOL. 288 NO. 18 April 24, 2024
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Programs

article

Lockheed Announces $100 Million Charge On Classified Missile

Apr 23, 2024
Lockheed Martin has announced a $100 million reach forward loss on an early production lot of a classified missile program with a fixed-price contract.
General Atomics Aeronautical Systems MQ-1C
article

Mojave UAS Demonstrates New Gun Strafing Capability

Apr 23, 2024
Strafing ground targets is normally a capability exercised by human pilots, but now a large U.S.-made uncrewed aircraft system has demonstrated the capability.
article

Spain Joins Croatia, Greece In Fire Bomber Ordering Spree

Apr 22, 2024
Spain is to bolster its aerial firefighting capacity by purchasing seven new De Haviland Canada DHC-515 amphibious fire bombers.
article

Leidos Gets U.S. Army ISR Sensor Contract

Apr 23, 2024
The U.S. Army has awarded Leidos a major sustainment contract for its future high-altitude intelligence, surveillance and reconnaissance (ISR) fleet.
MBDA Storm Shadow/Scalp
article

More Storm Shadows Heading For Ukraine In Latest UK Aid Pledge

Apr 23, 2024
MBDA Storm Shadow air-launched cruise missiles are at the heart of a major new transfer of defense equipment to Ukraine pledged by the UK.
Aura Aero
article

Approval Paves Way For Aura’s Electric Trainer To Fly

Apr 22, 2024
Aura Aero has received the permit to fly its Integral E two-seat electric trainer, the French startup says.

Daily Briefs

In Brief

AeroVironment Autonomy Retrofit Kit
article

AeroVironment Unveils Autonomy Retrofits For Small, Fixed-Wing UAVs

Apr 23, 2024
AeroVironment has launched its new Autonomy Retrofit Kit for its small, fixed-wing UAVs such as the Puma 3AE or Puma LE.

Funding & Policy

article

UK Leader Pledges Hike In Spending For Defense Equal To 2.5% Of GDP

Apr 23, 2024
British Prime Minister Rishi Sunak has pledged to raise UK defense spending to the equivalent of 2.5% of GDP.

Business

GE Aerospace
article

GE Aerospace Marks Strong Start For 2024

Apr 23, 2024
Buoyed by double-digit first-quarter revenues and a busy commercial and defense orderbook, GE Aerospace reported an operating profit of $1.5 billion.
article

Abu Dhabi Company Backs Chinese Electric Light Aircraft

Apr 22, 2024
The RX series is being developed by the Liaoning General Aviation Academy (LGAA) based in Shenyang, China.
Lockheed Martin F-35
article

Lockheed Martin Beats Wall Street’s Expectations But Delivers No F-35s

Apr 23, 2024
Lockheed Martin posted better-than-expected results in the first quarter, but delivered no F-35s as its ongoing software problems have yet to be resolved.
Pratt GTF
article

RTX Posts 12% Sales Growth In First Quarter

Apr 23, 2024
RTX’s sales and net profit beat Wall Street’s expectations in the first quarter on the back of strong demand for both its commercial and defense products.
article

French Aerospace Industry To Build On Hiring Momentum

Apr 23, 2024
After a successful 2023 in recruitment, the aerospace sector in France is planning to add 25,000-30,000 employees in 2024.
Ascent Technologies Spirit
article

Robinson Helicopter Buys UAS Company In Its First Acquisition

Apr 23, 2024
Robinson Helicopter has made the first corporate acquisition in its 50-year history by purchasing an uncrewed air system (UAS) developer.
Hexcel facility
article

Hexcel Appears Back On Track After Recent Perturbations

Apr 23, 2024
Hexcel reported first-quarter 2024 results including net sales of $472 million and adjusted diluted earnings per share (EPS) of $0.44 per share.

Air Forces In Focus