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Magazine Issue

Aerospace Daily & Defense Report, May 31, 2024

VOL. 288 NO. 44 May 31, 2024
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Business

article

Defense Tech Funding Plummets In First Half Of 2024

May 30, 2024
In a new report, Crunchbase says that defense startups raised just $228 million through mid-May, a 62% decline.
virgin galactic planes
article

Virgin Galactic Stock At Risk Of NYSE Delisting

May 30, 2024
Virgin Galactic could see its shares booted off the New York Stock Exchange because the stock price fell below $1 for too long, exchange managers say.
Boeing 737 MAX
article

FAA Maintains Inspections, 737 Production Limit As Boeing Implements Safety Plan

May 30, 2024
The FAA’s increased inspections, audits and production limit put in place at Boeing following January’s 737-9 door plug panel blowout will remain in place.
full-scale mockup of premium-edition Lilium Jet on display at EBACE 2024
article

Lilium Expresses Optimism About German Government Financing

May 28, 2024
Chief Commercial Officer Sebastien Borel spoke with Aviation Week Network ShowNews on the EBACE sidelines.

Daily Briefs

In Brief

Funding & Policy

Comac ARJ-21 manufacturing
article

China To Impose Export Controls On Aero Parts, Manufacturing Tools

May 30, 2024
China’s Ministry of Commerce will start restricting the export of numerous aerospace components and parts that might support their manufacture.
Amazon cargo drone
article

FAA Approves Amazon For BVLOS Flights Of Cargo Drones

May 30, 2024
Amazon has gained FAA approval for beyond-visual-line-of-sight (BVLOS) flights of its cargo drones to expand its delivery area in College Station, Texas.
Eurofighter fal in manching
article

German Defense Sales Outpace Commercial Revenue Growth

May 30, 2024
Combined German 2023 defense industry sales have advanced 19% year-on-year to €10 billion ($11 billion), ahead of the 18% growth recorded by the civil sector.

Programs

article

Top Aces Starts A-4 Advanced Aggressor Ops In Canada

May 30, 2024
The A-4 AAF configuration includes an active electronically scanned array (AESA) radar and a tactical data link.
article

Ursa Major Reveals Space Interest In Hypersonic Draper Rocket

May 30, 2024
The 4,000-lb.-thrust Draper has now amassed more than 50 hot fire tests.
article

NASA Evaluating 48 Proposals For Mars Sample Return Options

May 29, 2024
NASA received 48 responses to its April 16-May 17 solicitation for alternative ideas to bring samples collected by the Perseverance Mars rover back to Earth.
article

NOAA’s GOES U To Advance Solar Weather Forecasting

May 30, 2024
The satellite will be equipped with upgrades including a coronagraph to more closely monitor solar activity like the ramp-up in flares experienced in May.
article

FAA Issues Final Airworthiness Standards For Archer’s Midnight

May 23, 2024
The FAA has issued final airworthiness criteria for Archer Aviation’s Midnight electric vertical-takeoff-and-landing vehicle.

Operations

vast spacex haven
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Canadian Space Wing Sets Up Joint Cell With MDA Space, Telesat

May 30, 2024
MDA Space and Telesat representatives will join a new Canadian Commercial Integration Cell inside the 7 Space Wing, the Royal Canadian Air Force said.

Aviation Week Forecasts