Aerospace Daily & Defense Report

UK Defense Secretary John Healey has reiterated the new Labour government’s commitment to increasing defense spending to the equivalent of 2.5% of GDP.

StandardAero announced the launch of its initial public offering (IPO) process on Sept. 23, seeking to raise $1.1 billion at a valuation of up to $7.5 billion.

General Atomics AeroTec Systems has begun final assembly of the first wing for the Do228 NXT, four years after acquiring the program from Switzerland’s RUAG.

French startup Hynaero, which was founded last year and aims to develop a new water bomber with greater performance, is reporting progress.

China’s Hainan Island has published a three-year action plan to develop its low-altitude economy, including the establishment of eVTOL air routes.

The Japanese Defense Ministry (MOD) has released details of its fiscal 2025 budget request, which called for a further 9.4% increase to military spending—part of Tokyo’s wider Defense Build-Up Program (DBP).

The static test fire at Cape Canaveral SFS marked Blue Origin’s first fueling of a New Glenn rocket stage with flight propellants, and the first engine burn of an integrated flight stage.

The creation of Fada follows the establishment of UAE Space Agency’s strategic partnership with Edge in November 2023.

Zhuhai-based Vertaxi was founded in April 2021 by two members of the team that developed China’s Comac C919 narrowbody airliner.

With the global arms market peaking and demand from the Israel Defense Forces expected to surge, state-owned IAI lost 13% of its workforce in a single stroke.

The U.S. and India will deepen defense industrial cooperation, the two countries’ leaders said on Sept. 21.

The flights were meant to show the aircraft could be used for logistics missions in austere environments.

Chinese space launcher startup Deep Blue Aerospace suffered a landing failure in the latest test of its Nebula-1 when the engine cut off prematurely.

Russia’s Soyuz MS-25 crew transport capsule descended into Kazakhstan early Sept. 23, returning two Russian cosmonauts and one NASA astronaut back to Earth .

The Italian Navy is studying the long-term concept of employing uncrewed aerial systems as a possible airborne early warning (AEW) platform for its aircraft carriers.

The attack included an unspecified number of 70-km (43-mi.)-range Fadi 1 rockets and 100-km-range Fadi 2 rockets fired into Northern Israel.

Aircraft WT001 got airborne from Birmingham Airport, England, shortly before 3:30 p.m. on Sept. 20.

Kelly Ortberg, Boeing’s new CEO, announced the move in a statement to employees just before the close of business on Sept. 20.

The FAA has issued an update to its interim safety standards for vertiport design.

The fifth T-7A will be delivered from Boeing in St. Louis to Edwards AFB, California, in mid-October.

The Taiwanese Defense Ministry says the unit was established Feb. 1, but its existence was not revealed until Sept. 18.

The praise demonstrates that startups are eagerly awaiting the new form of competition in Europe.

Iraq is purchasing South Korea's KM-SAM II medium-range, ground-based air defense system, becoming the third Middle Eastern nation to acquire it.

Cabin crew, maintenance workers and ATCs are among the positions that will need an influx of workforce, CAE CEO Marc Parent says.

Paris has revealed further details of France and Italy's plans to acquire a new version of the SAMP/T as it rushes upgrade air and missile defense capabilities.