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Aerospace Daily & Defense Report, June 3, 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, June 3, 2025

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Daily Briefs

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Daily Briefs

Jun 02, 2025
iROCKET announces merger... VOLATUS revenue dips... SES receives top sustainability rating...

In Brief

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In Brief: The Week Ahead in Aerospace & Defense

Jun 02, 2025
News in brief.

Business

RFA rendering of launch
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Debrief: European Space Sector Poised For Consolidation

Jun 02, 2025
Europe’s space sector is set for growth, but in one area it may be poised for contraction: the number of companies vying for business.

Programs

XQ-58 Valkyrie is an experimental stealthy unmanned combat aerial vehicle designed and built by Kratos Defense & Security Solutions for the United States Air Force Low Cost Attritable Strike Demonstrator program, under the USAF Research Laboratory’s Low Cost Attritable Aircraft Technology project portfolio. Contributor: American Photo Archive / Alamy Stock Photo
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GE, Kratos Expand Partnership On Affordable Engines

Jun 02, 2025
Engine makers GE Aerospace and Kratos Turbine Technologies expanded a partnership on small affordable turbofan engines on June 2.
Firefly Aerospace/Northrop Grumman
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New Northrop/Firefly Rocket Gets $50M — And A Name

May 29, 2025
Northrop Grumman is adding $50 million to a joint project with Firefly Aerospace to design, own and operate a new Delta II-class medium-lift launch vehicle.
Apex has unveiled a new satellite bus called Comet. Credit: Apex
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Apex Announces New Satellite Bus With Eye On Golden Dome

May 29, 2025
Spacecraft manufacturer Apex has developed a new satellite bus that the company says could be used as a space-based interceptor platform.
EnduroSat says it uses consumer electronics and automotive components in its satellites Credit: EnduroSat
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Bulgaria’s EnduroSat Raises €43M To Produce 60 Sats Per Month In ’25

May 30, 2025
EnduroSat of Sophia, Bulgaria, has raised €43 million ($48.8 million) from venture capital financiers to increase its satellite production to 60 per month.
Indian Government
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Indian Private Industry Supplies Tejas Center Fuselage

Jun 02, 2025
India’s HAL has received the first center fuselage for the Mk. 1A version of the indigenous Tejas Light Combat Aircraft to be produced by private industry.

Funding & Policy

jared isaacman at senate confirmation hearing april 2025
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Trump Administration Pulls Nomination Of Isaacman To Head NASA

May 31, 2025
Less than a day after releasing budget plans to cut NASA spending 24%, the White House announced that a replacement to head the agency will be announced soon.
hegseth speaking at the Shangri-La Dialogue defense summit in Singapore
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Hegseth Reveals PIPIR Projects, Typhon Firing Test In Indo-Pacific

Jun 01, 2025
U.S. Defense Secretary Pete Hegseth announced the first batch of projects under the Partnership for Indo-Pacific Industrial Resilience program.
MagniX’s NASA-funded hybrid-electric flight demonstrator
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NASA Budget Makes Deep Cuts Across Aeronautics Research Portfolio

Jun 01, 2025
The budget calls for NASA in fiscal 2026 to develop a new strategy to maintain U.S. leadership in aviation and focuses aeronautics research in four main areas.
UK Defense Secretary John Healey at  MBDA Storm Shadow factory on May 31, 2025
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UK To Invest In Munitions Production And Long-Range Missiles

Jun 01, 2025
Teasing the long-awaited Strategic Defense Review to be published June 2, UK Defense Secretary John Healey said the UK needs to bolster its defense industrial base.
mark carney
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Canadian Leader Sets Deadline For European Defense Pact

May 28, 2025
Canadian Prime Minister Mark Carney plans to sign an accord to join a European rearmament plan in a move to diversify its defense portfolio beyond the U.S.

Operations

Drone footage of attack
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Ukraine Destroys Russian Bombers In Drone Strike

Jun 02, 2025
Ukraine claims to have destroyed one-third of Russian Long-Range Aviation’s cruise missile-carrying strategic bombers after an audacious drone raid deep inside Russian territory.
United States Astronaut Hall of Fame, Florida, USA Contributor: Ian G Dagnall / Alamy Stock Photo
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U.S. Astronaut Hall Of Fame Inducts Bernard Harris, Peggy Whitson

Jun 02, 2025
The U.S. Astronaut Hall of Fame inducted veteran NASA astronauts Bernard Harris and Peggy Whitson in May 31 ceremonies at Florida’s Kennedy Space Center.
chinook
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1994 Chinook Crash Families Begin Legal Action Against UK Defense Ministry

Jun 02, 2025
Families of military personnel killed in a UK Royal Air Force Chinook helicopter crash in Scotland in 1994 have launched a legal action against the UK.

Contracts

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Selected U.S. Military Contracts For The Week Of May 27 - 30, 2025

Jun 02, 2025
Selected U.S. military contracts from the past week.