24 Mar 2022Aerospace
Mercury Systems to develop multi-function display cockpit application for a defense contractor

Key Insights and Signals in Aerospace and Defense

Deals
Kaman wins HH-60W CRH cockpit follow-on contract 
The companies will support the contract works using the existing workforce of engineers, technicians, assemblers, and support staff. The latest contract will support HH-60W cockpit deliveries from 2022 through 2025. The HH-60W helicopter is designed to support a full range of combat rescue and other special missions of the USAF. Read More>>
AFRL taps Pratt & Whitney to develop and demo new engine tech  
Raytheon Technologies’ Pratt & Whitney business has secured a contract to demonstrate a rotating engine detonation concept for the Air Force Research Laboratory to create an engine capable of supporting higher-Mach flight speeds. Read More>>
Boeing to provide Jeppesen FliteDeck to Etihad B787 fleet 
The company has chosen Boeing to supply and optimize its fleet of B787 Dreamliners with the Jeppesen FliteDeck Advisor digital solution. Boeing and Etihad have collaborated on sustainability efforts centered on the airline’s 787 Dreamliner fleet since 2019. Read More>>
Boeing buys 2 million gallons of aviation biofuel
EVERETT, a Boeing company, will deliver 2 million gallons of sustainable aviation fuel made from agricultural waste products to the fuel farms it maintains at the Paine Field, Renton, and South Carolina airplane assembly plants. Read More>>
Mercury Systems receives a USD 7.4 Mn order for cockpit multi-function display technology
The order was received in Mercury’s fiscal 2022 second quarter and is expected to be delivered over several quarters. Mercury’s high-resolution, rugged LCD modules are well-known in the industry for their fast-switching speed and reliability, enabling pilots to see and respond to moving targets. Read More>>
DISA awards Leidos a USD 11.5 Bn defense enclave services contract
The Defense Information Systems Agency awarded a Fortune 500 science and technology leader a Defense Enclave Services (DES) contract. The single-award, indefinite-delivery, indefinite-quantity contract has a total estimated value of USD 11.5 Bn and a four-year base performance period followed by three two-year option periods. Read More>>
Partnerships 
Avion Express partners with Lufthansa Group’s Eurowings as a long-term ACMI provider
The company partnered with Lufthansa Group’s Eurowings, a leisure airline based at Cologne Bonn Airport. After a complete and successful selection process, Avion Express was nominated as a long-term ACMI partner for Eurowings. It currently flies to more than 100 destinations across Europe as part of its current flight schedule. Read More>>
Banner, UA, SpaceX partner for pioneering fellowship in aerospace surgery
In July, Banner University Medical Center Phoenix will host the first-ever Aerospace Surgery Fellowship. Centered in Phoenix and nationally administered with collaborating surgeons and physicians, the APEX Aerospace Surgery Fellowship will prepare physicians to work in the commercial aerospace medical field and provide austere surgical and critical care support. Read More>>
Executive Movement
Leidos names Maureen Waterston Chief Human Resources Officer
The company appointed Maureen Waterston as its new Chief Human Resources Officer (CHRO). Maureen will implement and enhance the human capital strategy for Leidos’ 43,000-employee global workforce. Waterston comes to Leidos from Pratt & Whitney, a subsidiary of Raytheon Technologies, where she served as CHRO. Read More>>
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Latest Industry Insights from Draup Braindesk

  • India’s aviation sector rapidly grew to become the world’s third-largest and fastest-growing market for domestic tickets sold. 
  • India is also opening its space sector for private and foreign participation. This domain could further help establish long-term opportunities and partnerships, capitalizing on the synergies in defense and space. 
  • As India pursues manufacturing-led growth, it must move away from low-cost manufacturing and align with the global trend of embracing Industry 4.0 to expand its competitive edge. 
  

 

Key Funding Alert

Cesium Astro closes a USD 60 Mn Series-B round with Strategic L3Harris Investment
CesiumAstro’s total funding raised is nearly USD 90 Mn. With this latest financing, CesiumAstro plans to accelerate research and development, rapid manufacturing capabilities, expand facilities in the U.S. and abroad, and deploy additional space assets this year. Read more>>

Startup Spotlight

Company – Hydrosat
Total Funding  USD 15.62 Mn
About: Hydrosat is a satellite data company that turns space imagery into vital agriculture and related industries products. Their data analytics will drive better insights, more efficient operations, and higher profits to customers everywhere.  Read more>>

Latest Reports Published in Draup

Deutsche Lufthansa AG Account Intelligence Report 
Lufthansa airlines ensure a high level of operational flexibility and expand its flight service to set up new standards in the environmentally networking modes of transportation. It is developing its travel management platform, ebookings, passenger health documents via software apps. Read More>>
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