The U.S. government’s delayed spending measure for the current fiscal year led to a surprising swing in fortunes for military radar and legacy avionic supplier Rada Electronics Industries, with the Israeli company’s net loss for the first quarter of 2022 disappointing shareholders.
Xona Space Systems has finished environmental testing of its Huginn demonstrator satellite ahead of its planned May 25 launch on SpaceX’s Transporter 5 rideshare mission.
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.
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.
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.
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.
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.
NASA’s Space Launch System heavy-lift rocket will head back to its Kennedy Space Center launchpad in June for a second run at a Wet Dress Rehearsal as the agency strives to get the system’s first lunar test flight, Artemis I, underway by summer’s end.
Maritime Launch Services, which aims to establish Canada’s first indigenous space launch from Nova Scotia, and rocket manufacturing startup Reaction Dynamics of Quebec are partnering for a 2023 debut.
Virgin Galactic is slipping its forecasted start of revenue-generating commercial operations to the first quarter of 2023 instead of this year, executives announced May 5 while revealing the space tourism provider’s latest quarterly loss.
Ukrainian troops are finalizing their training to become the first operators of a previously undisclosed U.S. Air Force-developed loitering munition, and the Pentagon said May 6 it came out of the service’s secretive office that handles rapid development of special mission aircraft.
Aerojet Rocketdyne is building as a subcontractor the newly branded Zeus booster system for the low-cost Erinyes hypersonic vehicle launched by Kratos Defense.
The Pentagon expects to go to Congress with a supplemental funding request next year to increase its budget if inflation continues at a high rate, and a senior defense official is cautioning against lawmakers adding more unsustainable spending for fiscal 2023 as a simple step to address inflation.
The Pentagon is reprogramming almost $1.5 billion from newly authorized Ukraine assistance funds to replenish its Javelin anti-tank munition stocks and order new Stinger anti-aircraft missiles for the first time in two years as the department moves forward on their replacements.
Switzerland’s government is committed to signing a contract to buy its planned fleet of F-35 Joint Strike Fighters by the end of March 2023, before an offer deadline expires.
The CEO of Avio does not see any problem in the medium term regarding supply of the RD-843 engines that power its upgraded Vega C light launcher, despite their Ukrainian origin.
