In Pictures: Top Aerospace & Defense Stories, May 09, 2022

Underperforming SPAC Takes Embraer’s eVTOL Spin-off Public

Embraer’s urban air mobility spinoff Eve UAM will list publicly on the New York Stock Exchange on May 10 after closing a merger with blank-check company Zanite Acquisition that raised less funding than hoped for. Credit: Embraer

AST SpaceMobile To Sell More Stock To Raise $75M

Space-based cellphone connectivity provider AST SpaceMobile, which went public last year after a deal with a special purpose acquisition company (SPAC), will raise $75 million by selling more stock. Credit: AST SpaceMobile

Australia Pushes Ahead With Apache, MH-60R Acquisitions

Australia has moved ahead with plans to acquire Apache attack helicopters and will further bolster the country’s fleet of MH-60R maritime helicopters, Prime Minister Scott Morrison has announced. Credit: Boeing

Putin Victory Day Statements On Ukraine Draw International Ire

Russian President Vladimir Putin has again blamed the West and NATO for the war in Ukraine in comments that drew scorn from Western leaders. Credit: Getty Images/Contributor

The Weekly Debrief: Marines’ Force Design Plan Reshapes AURA Strategy

A sweeping reform of the U.S. Marine Corps force structure has altered the timing and widened the scope of a program to replace the Bell AH-1Z and UH-1Y fleets with a next-generation rotorcraft. Credit: Tony Osborne/Aviation Week

FAA OKs Momentus Space Tug; May 25 Launch Set

Momentus’ space tug demonstrator has arrived at Cape Canaveral for its inaugural launch aboard SpaceX’s Transporter-5 mission after its application for payload review won FAA approval. Credit: Momentus

Blue Origin To Fly Repeat Passenger On Next Flight

Blue Origin’s next flight of the New Shepard suborbital spacecraft will include its first repeat customer. Credit: Blue Origin

JWST Commissioning Enters Homestretch

The James Webb Space Telescope (JWST) is entering the final phase of commissioning prior to the start of science observations this summer, project scientists told reporters May 9. The telescope, which launched on Dec. 25, 2021, aboard an Arianespace Ariane V rocket, is designed to follow on and expand scientific observations made by the Hubble Space Telescope and other space observatories. Credit: NASA/JPL-Caltech (left), NASA/ESA/CSA/STScI (right)

Magellan Aerospace Sees Increased Headwinds In First Quarter

Canadian aerostructures and spacecraft sub-tier provider Magellan Aerospace saw almost 7% greater revenue during the first quarter of 2022 over the year-before period. Credit: USAF

Embraer’s urban air mobility spinoff Eve UAM will list publicly on the New York Stock Exchange and AST SpaceMobile is selling more stock. Take a look at these and more in our daily roundup of aerospace & defense news.

These are some of the top stories from AWIN. Subscribe now for unrivalled, intelligent content, trustworthy data, exclusive analytics and meaningful insight. AWIN Premium is the only online resource that spans the commercial, military, business aviation and MRO market sectors.

With a focus on the programs and technologies shaping the market, as well as the most robust databases in the industry, AWIN Premium simplifies locating new business opportunities so you can generate new revenue.

AWIN Premium Membership includes Aviation Daily, Aerospace Daily & Defense Report, and The Weekly of Business Aviation, and digital access to Aviation Week & Space Technology, Inside MRO, Air Transport World (ATW), and Business & Commercial Aviation (BCA). 

Aviation Week Intelligence Network
Monitor the market and connect your business to the people, programs and proprietary data driving the Aerospace & Defense market - only available with AWIN.

ASD_AWIN_thumbnail_270

Stay Connected.
Stay Informed
Grow Your Business.

Learn How