Aerospace

HyperMach Aerospace’s combined system is designed to generate sufficient power to propel the aircraft to the edges of hypersonic flight and suppress booms and drag with plasma.

Flirtey delivers convenience; Groen’s gyroplane drone; AquaMAV flies and dives; DHS selects drone startups; Leonardo’s Solo in Italian tests.

The International Air Transport Association (IATA) has released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs) grew by 3.8% in 2016 compared to 2015. This was nearly double the industry's average growth rate of 2.0% over the last five years. Freight capacity, measured in available freight tonne kilometers (AFTKs), increased by 5.3% in 2016.

Flydubai has announced its full-year results for 2016 reporting a profit of AED 31.6 million (USD 8.6 million).

EgyptAir Cargo has resumed direct flights to Russia on December 21 following the successful completion of flights MS5520/1 between Cairo Int'l and Moscow Domodedovo, reports ch-aviation.

Whether the Trump election in the U.S. or the Brexit vote in the UK, 2016 delivered shocks to the global aerospace and defense industry that will reverberate through 2017.

Russian aggression is prompting stronger European defense relationships and greater spending on military equipment modernization.

With new UAVs, P-8s and Apaches, Britain is ticking off its defense review shopping list.

Ongoing terrorist threats in the Middle East and at home motivate increases in French defense spending on equipment and to support military personnel.

The cost of operational demands—from Eastern Ukraine to Syria—are adding up

Despite the oil and gas price slump and two costly regional conflicts, the Middle East is still an influential fighter market.

Ankara continues its defense modernization, but is facing fiscal and political challenges, especially with Western allies.

Surrounded by increasingly sophisticated air defenses, Israel beefs up its air force and electronic warfare prowess.

The first Japanese F-35A was delivered to the Japanese air force detachment at Luke AFB, Arizona, in November 2016

South Korean Parliament Refuses To Lift F-35 Budget

Despite slower budget growth in 2016, new fighter jets, UAVs and missiles are likely to begin operations in 2017.

Berlin is planning to spend an extra €10 billion on defense by 2020.

SpaceX and ULA will go toe-to-toe for space launches in 2017, in both the commercial and defense realms.

Purchase of Rafale fighters and rising personnel costs consume much of India’s limited modernization funds.

Australia and Thailand in spending moods, buying new maritime patrol aircraft, helicopters and subs.

Globally, air freight capacity still flies half-empty, but is recovery on its way?

As the region’s oil-driven economies struggle, Middle Eastern airlines seek ways to adapt to declining premium traffic, while growth continues overall.

Airport congestion and financial worries accompany airlines’ dramatic growth rate.

Aviation Week forecasts show which regions lead the highest MRO compound annual growth rates.

The worldwide missile market is on an upward trajectory through 2021, led by air defense weaponry.