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Aerospace Daily & Defense Report, March 24, 2025 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, March 24, 2025

VOL. 291 NO. 56 March 24, 2025
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Programs

USAF F-47 render
article

Boeing Wins U.S. Air Force's NGAD F-47 Fighter Contract

Mar 21, 2025
Boeing has won a contract to develop the F-47 next-generation combat aircraft for the U.S. Air Force which throws a lifeline to the company’s struggling military aviation business.
A Long Range Anti-Ship Missile is released from a No. 1 Squadron F/A-18F Super Hornet
article

Australia Declares LRASM Operational In Boost To Long-Range Strike

Mar 21, 2025
The Australian government says the Lockheed Martin AGM-158C LRASM is now operationally ready for use on its F/A-18E/F Super Hornet fleet.
Schweizer RSG
article

Schweizer Sees S-333 Helicopter Fitting U.S. Army Training Need

Mar 20, 2025
Fort Worth-based Schweizer RSG acquired the Schweizer family of helicopters from Sikorsky in 2018.

Daily Briefs

In Brief

Operations

spectrum rocket at andoya spaceport
article

Isar Aerospace Eyes March 24 Inaugural Launch

Mar 21, 2025
Isar Aerospace is targeting March 24 for the inaugural mission of its Spectrum rocket in what would be a milestone as the first orbit launch from European soil.
boom overture flying
article

ICAO To Adopt New Supersonic Airliner Noise Rules

Mar 20, 2025
The recommended rules mark a first for ICAO, which—except for the long-retired Concorde—has not previously set noise standards for supersonic aircraft.
The NROL-57 mission was launched March 21 at 2:49 a.m. EDT on a SpaceX Falcon 9 rocket. Credit: NRO
article

NRO Launches Eighth Mission For Growing Satellite Constellation

Mar 21, 2025
The NROL-57 mission was launched March 21 at 2:49 a.m. EDT, aboard a SpaceX Falcon 9 rocket from Space Launch Complex 4-East at Vandenberg SFB, California.

The Debrief

The sky-high valuations of defense tech startups suggest some irrational exuberance in the market Image credit: MMPhoto21 / Alamy Stock Photo
article

Debrief: Defense Tech Valuations Push The Envelope

Mar 21, 2025
Flight autonomy software developer Shield AI closed a $240 million Series F-1 round in March that raised its valuation to $5.3 billion from $2.7 billion.

Funding & Policy

Image caption: President Trump invoked the Defense Production Act in an executive order aimed at increasing domestic output of critical minerals important for aerospace and defense Image credit: Thibault Renard / Alamy Stock Photo
article

Trump Invokes Defense Production Act To Boost Critical Minerals Output

Mar 21, 2025
The U.S. is moving to reduce its mineral dependency on China as technology, trade and geopolitical frictions rise between the world’s two largest economies.

Business

Credit: Planet Labs ; Caption: Pelican-2 captures of the Port of Laem Chabang, Thailand, taken March 12, 2025.
article

Planet Labs Sees Revenue Growth Rate Doubling Next Year

Mar 21, 2025
The doubling of Planet Labs' growth rate would come roughly at the midpoint of the company’s guidance for the current fiscal year of $260-280 million.
OHB satellite rendering
article

OHB Sees Military Space Opportunities

Mar 20, 2025
OHB is seeing new opportunities in military space and expects sales to rise around 50% by 2027 from last year to hit around €1.5 billion ($1.6 billion).

Fleet Snapshot

Calendar