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Elbit’s UK R&D and manufacturing facility to develop solutions for air, land, and naval applications



Key Insights and Signals in Aerospace and Defense

Partnerships
HAL and Safran to set up a joint venture to develop the IMRH engine
Hindustan Aeronautics and Safran will form a joint company in Bengaluru to develop helicopter engines, with a focus on engines for the 13t Indian Multi-Role Helicopter and its naval counterpart initially. The collaboration will help India’s aeronautical capabilities and future export opportunities. Read More>>
Leonardo + Sierra Nevada Corporation partner to extend global ISR reach
Leonardo UK Ltd and Sierra Nevada Corporation have agreed to work together to serve international defense and security sectors. Leonardo Electronics US Inc. will benefit from SNC’s growth of engineering and production capabilities. Read More>>


Deals
Raytheon and Northrop Grumman awarded a contract for additional hypersonic weapon advancements
Raytheon and Northrop Grumman are working together to optimize manufacture and validate system performance models for HAWC flight vehicles. Since 2013, the two companies have collaborated on the development of air-breathing hypersonic weapons, with successful prototype flight testing. Read More>>
TEI and GE Aerospace sign F110 MRO service agreement
TEI and GE Aerospace have expanded their collaboration to deliver F110 Depot Level Maintenance services to several countries that fly F-16 and F-15 fighter aircraft. TEI is a GE-certified service provider with a track record of success in MRO. The arrangement will enable TEI to supply worldwide operators with best-in-class service for F110 engines. Read More>>


Centre Setup and Expansion
RTX’s Collins Aerospace business opens US$ 14 Mn additive manufacturing center expansion in West Des Moines, Iowa
Collins Aerospace’s additive manufacturing department is being expanded with cutting-edge 3D metal printers. The expansion allows for the investigation of additive manufacturing for engine components and strengthens Collins’ commitment to innovative manufacturing. Read More>>
Elbit Systems opens R&D, manufacturing facility in Britain
Elbit Systems UK invests approximately GB£ 35 million in a new advanced production and development center in Bristol. The facility’s goal is to deliver technology research and manufacture to British military and NATO customers while also creating over 200 new jobs. Read More>>


Mass Hiring
Safran creates 800 jobs with US$ 80 Mn expansion in Mexico
The investment by Safran will result in the creation of 800 jobs in maintenance, production, innovation, and research into new aviation technology. A two-story extension and an aviation engine test bench will be included in the expansion. With 11,000 people spread across 17 facilities, Safran is the largest employer in Mexico’s aviation sector. Read More>>


Product Launch
Rocket Lab launches seven satellites into orbit
After a weather-related delay, Rocket Lab successfully launched seven small satellites from New Zealand, including ones for NASA and navigation. The first stage of the Electron rocket was recovered from the Pacific Ocean after the launch. This is Rocket Lab’s seventh Electron launch of the year and the company’s 39th altogether. Read More>>
ISRO successfully launches Chandrayaan-3
The mission will carry scientific instruments to investigate the thermophysical parameters of the lunar regolith, lunar seismicity, the lunar surface plasma environment, and the composition of the element around the landing site. Read More>>

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Latest Industry Insights from Draup Braindesk


Key Funding Alert

SpaceX secures US$ 750 Mn in funding
SpaceX’s funding is valued at US$ 137 Bn, and it will be used to enhance the Starship program for a manned Mars mission. Among SpaceX’s accomplishments are the launches of the Falcon 9 and Falcon Heavy rockets, as well as the Starlink satellite network for global internet access. Read more>>

Startup Spotlight

Company – Agile Space Industries
Total Funding  USD 18.14 Mn
About: Agile Space Industries designs, builds and tests in-space propulsion systems for satellites and spacecraft using state-of-the-art 3D metal alloy printing techniques. They manufacture and test new engine designs in our purpose-built propulsion test facility in Durango, Colorado. Read more>>

Latest Reports Published in Draup

Singapore Technologies Engineering Ltd Account Intelligence Report
ST Engineering prioritizes cutting-edge IoT technologies, data, video analytics, and advanced network solutions to facilitate the transition of cities to real-time data-driven management systems. The company enables a connected, safer, and more sustainable community environment. Read More>>

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