Aerospace

BOEING posted $641m net loss for 1Q20 (vs $2.1b net profit in 1Q19) on 26% lower revenues (48% lower Commercial Airplane revenues). It is reducing 787

Manufacturers of high-altitude pseudo-satellites (HAPS)–stratospheric balloons and unmanned aircraft–are touting a multibillion-dollar market opportunity in telecommunications, Earth observation and weather prediction.

Fielding a technology that can expand the use of additive manufacturing in parts production, startup Velo3D has secured $28 million in Series D funding, taking total financing raised so far to $138 million.

The International Air Transport Association (IATA) has announced that its rescheduled 76th Annual General Meeting (AGM) and World Air Transport Summit will take place in Amsterdam, the Netherlands on 23-24 November 2020.

North Carolina seeks to use FAA pilot projects against the coronavirus.

BOMBARDIER plans May 11 to restart aviation/train production in Canada with gradual return-to-work of 11,000 employees.

PPG says year-over-year aerospace coatings sales volumes were down 1-5% in 1Q20 as volumes were higher in January and February, but declined in March

CRANE AEROSPACE & ELECTRONICS earned $44m on $193m sales in 1Q20 vs $45m on $195m in 1Q19; it has $548m backlog.

For all those who believe that things come in threes, there now is the third failed mergers and acquisition (M&A) deal attributable to COVID-19 in April alone.

The U.S. National Geospatial-Intelligence Agency has awarded Maxar Technologies $20 million in contracts for land-cover classification and change-detection services.

BOEING SOUTH CAROLINA plans to resume 787 production on May 3; it was suspended on April 8 due to COVID-19 crisis.

Verizon portfolio company Skyward has added a “Live Flights” feature to its aviation management platform that enables users to monitor drone flights in near real time from their offices or wherever they have internet connectivity.

AIRBUS is warning of more severe production cuts beyond the approximate 33% cut (to 40 A320 Family aircraft, two A330s and six A350s per month)

France has begun the first phase of developing an unmanned aircraft systems traffic management architecture called “Hubspace” that it plans to deploy by 2023 to manage drone traffic nationwide.

Startup Skyryse is flight testing the software for the first application of its FlightOS automation system as it progresses toward certification of the aircraft-agnostic fly-by-wire (FBW) architecture on its first platform.

The International Air Transport Association (IATA) has released data for March air cargo performance demonstrating a severe capacity shortfall. African airlines were less affected by disruptions in March.

A review finds a conflict between emergency procedures and maintenance instructions.

BOEING says it will maintain its Master Teaming Agreement with Embraer to jointly market and support the C-390 Millennium.

EMBRAER believes strongly that BOEING wrongfully terminated MTA and manufactured false claims to avoid its commitments to close deal and pay US$4.2b

BOEING terminated Master Transaction Agreement (MTA) with EMBRAER to form joint ventures around Embraer's commercial aviation business and C-390

BOEING flew a Dreamlifter from Hong Kong to Greenville, SC in partnership with Prisma Health, Atlas Air and Discommon (importer of record for the

The British government has approved trials to use a fixed-wing UAV to fly medical supplies from the UK mainland to the Isle of Wight.

MOSCOW—Irkut Corporation has resumed the flight trials of its new MC-21 narrowbody aircraft in Zhukovsky, near Moscow. The flights were suspended on

Norway and U.S. close cooperation on missiles and propulsion is expanding into the near-hypersonic regime.

IT needs commercial vendors that understand the importance of cybersecurity on the ground as well as in space.