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Aerospace Daily & Defense Report, August 15, 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, August 15, 2024

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Daily Briefs

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Daily Briefs

Aug 14, 2024
LOCKHEED, GD team on solid-rocket motors... PRECISION OPTICS raises funds through stock sale... UNIVERSITY OF MEMPHIS building facilities for testing uncrewed systems in degraded conditions...

In Brief

Business

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Terran Orbital Removes Rivada’s $2.4bn From Sales Backlog

Aug 14, 2024
The removal of that future revenue shrunk the satellite bus manufacturer’s backlog from $2.7 billion to $312.7 million, Terran Orbital says.
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Mercury Systems Turns A Page In Fiscal Q4

Aug 14, 2024
In an upbeat earnings call, Mercury’s management said the company had exited or retired risk on three more challenged programs
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Elbit CEO Sees Expanded Loitering Munitions Offering

Aug 14, 2024
“We are planning to continue to invest in this domain,” Chief Executive Bezhalel Machlis said on an Aug, 14 second-quarter earnings call.
Boeing 737
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In Face of Declining OEM Forecasts, Howmet Blows Out Expectations

Jul 30, 2024
Perhaps it is a good sign that Howmet is raising its baseline expectations of 737 shipsets to Boeing by 10% coming out of the Farnborough International Airshow.

Programs

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France Places DHC-515 Waterbomber Order

Aug 14, 2024
France joins Croatia, Greece, Portugal and Spain in acquiring the firefighting aircraft, which the European Commission is partly funding through its RescEU program.
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Talon Undergoes Final Pre-Hypersonic Flight Sensor Tests

Aug 14, 2024
The flight, which Stratolaunch has scheduled toward the end of the third quarter, is expected to round out a two-year test campaign.
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Denmark To Seek Out Challenger Replacement

Aug 14, 2024
Copenhagen's four Canadair-built Challengers are facing availability issues, prompting defense materiel officials to look at alternatives.
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X-59 Primed For First Engine Runs

Aug 12, 2024
The start of powered runs of the X-59’s single GE Aerospace F414 will mark a key milestone on the road to first flight.

Operations

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SpaceX Plans Sixth Commercial Private Astronaut Mission

Aug 13, 2024
SpaceX has announced plans for its sixth commercial private astronaut mission.

Technology

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USAF Funds Wright To Advance High-Power Battery For eVTOLs

Aug 07, 2024
Wright Electric has received funding from the U.S. Air Force’s AFWerx innovation unit to develop high-power rechargeable thermal batteries.

Funding & Policy

Taiwan F-16s
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Budget Brief: Taiwan Defense Spending Set To Peak In 2025

Aug 12, 2024
While Taiwan's defense spending has been rising in recent years, officials have acknowledged that next year will represent the peak of Taipei's defense spending—at least in the medium term.