In Pictures: Top Aerospace & Defense Stories, Jul. 18 2022

July 19, 2023
XA100 test cell

Congress May Be Wasting Money With AETP Support, USAF Chief Says

Credit: GE Aerospace

Lockheed Martin Posts Better-Than-Expected Q2 Results

Credit: Mark Wagner/Aviation Images.

Lockheed Martin beat Wall Street analysts’ forecasts in the second quarter as sales rose 8% year-on-year to $16.7 billion amid a record backlog of $158 billion.

FAA Issues Implementation Plan For Early-Stage AAM Operations

Credit: FAA/U.S. government.

The FAA has published a document outlining its goal to enable advanced air mobility (AAM) operations at scale at key locations in the U.S. by 2028, part of the agency’s broader plan to safely integrate electric-vertical-takeoff-and-landing (eVTOL) air taxis into the National Airspace System.

U.S. Navy Sets Deadline For Next Phase Of HALO Missile Bidding

Credit: Raytheon.

Missile companies have until July 24 to respond to a U.S. Navy call to participate in a future competition for an air-launched, carrier-based, high-speed weapon. 

Saudi Arabia To Buy, Build Baykar’s Akinci UAS

Credit: Baykar Makina.

Turkish uncrewed aircraft system (UAS) manufacturer Baykar has signed its largest contract yet with an export deal for the company’s Akinci twin-turboprop UAS for Saudi Arabia. 

UK Defense Procurement System ‘Broken,’ Lawmakers Declare

Credit: Boeing.

The UK’s defense procurement process is “broken” and in need of “major, comprehensive reform,” lawmakers say.

Air Forces In Focus: Royal Saudi Air Force

Credit: US DoD.

Saudi Arabia operates the second-largest fleet of military aircraft in the Middle East, and the largest of all the Gulf States. 

 Saudi Arabia to buy and build Baykar’s Akinci UAS and U.S. Navy sets deadline for next phase of HALO missile bidding. Take a look at these and more in our daily roundup of aerospace & defense news.

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