Hughes, ISRO join hands to launch India’s first High-Throughput Satellite broadband internet service

Key Insights and Signals in Aerospace and Defense

Centre Setup and Expansion
Collins Aerospace opens USD 18 Mn wind tunnel test facility in Rockford 
The wind tunnel is designed to streamline Collins’ Ram Air Turbine testing and certification process for the company’s airframer customers. The wind tunnel is the third test facility at the company’s Rockford campus but the first to be built locally in more than 20 years. Read More>>
Boeing reveals first of new innovative defense factories 
The new facility in Mesa, Ariz., will be a secure production facility operated by Phantom Works, BDS’ proprietary research, development and prototyping division. The construction phase of the 155,000-square-foot facility is now complete, and the center is expected to be fully operational this fall. Read More>>
AML3D expands 3D printing contract with Boeing 
AML3D has agreed to expand its purchase contract with Boeing to include the next phase of additively manufactured aluminium test parts in the form of prototype components. The extended purchase contract is strategically important as it moves AML3D towards embedding into Boeing’s supply chain. Read More>>
Spirit AeroSystems selected by Boeing to replace KC-135 horizontal stabilizers 
The contract is for an initial 34 horizontal stabilizer kits. Spirit will support in extending the life of the KC-135R through at least 2040, utilizing its advanced assembly capabilities, including determinant assembly. Read More>>
US Army orders more ground radios from Collins Aerospace  
The US Army has placed a second full-rate production order with Collins Aerospace for AN/PRC-162 ground radios for its Handheld, Manpack, and Small Form Fit (HMS) program. The AN/PRC-162 is part of Collins Aerospace’s TruNet two-channel networked communications ground radio family. Read More>>
Merger and Acquisition
Meggitt takeover by Parker-Hannifin approved by UK court 
The acquisition expands Parker-Hannifin’s presence in the UK, positioning it well to provide a broader suite of aircraft solutions and aeroengine components and systems. The acquisition is aligned with Parker-Hannifin’s Win Strategy, which focuses on innovation, strategic positioning, distribution growth, and incentive plan changes to drive organic growth. Read More>>
Hughes partners with ISRO; launches 1st HTS Service  
The main motive for launching this satellite was to provide high-speed broadband service to locations on the outskirts, specifically from the regions of Leh and Ladakh to the northern part of India. The service will also assist the Indian Army and paramilitary forces patrolling the Line of Control and other remote regions. Read More>>
Executive Movement
Lockheed Martin names Tim Cahill as Missiles and Fire Control’s Executive Vice President 
Cahill is currently senior vice president of Lockheed Martin’s Global Business Development & Strategy, where he brought integrated solutions to our customers and established comprehensive growth-enabling strategies across the enterprise. Read More>>
Financial and Market Activity
AeroVironment (AVAV) reports loss in Q1; sales improve Y/Y 
The company’s net sales improved 7% year over year to USD 108.5 Mn in the reported quarter, primarily driven by an increase in service revenues of USD 2.6 Mn and product sales of USD 4.9 Mn. The year-over-year improvement can be attributed to a decrease in SG&A expenses and an increase in the gross margin in the quarter under review. Read More>>
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Latest Industry Insights from Draup Braindesk

  • Air Dolomiti is working to modernize its outdated portal with a mobile-first design and a better user booking experience. It has a new graphic design that makes it more user-friendly, linear, and quick to view. 
  • The graphic and structural updates will be service-oriented, making booking, check-in, and booking administration procedures easier. 
  • This helps passengers by offering clear information and tools that reduce the time and effort required to make a reservation or handle boarding processes. 
  • Air Dolomiti intends to incorporate an electronic Technical Logbook system that increases data collecting automation. 
  • The data is sent and synchronized between the eTLB on the aircraft and the maintenance centers through an IP connection, allowing for a rapid response and ensuring that the data is recorded and retained. 
  • The technology complies with the standards and facilitates onboard work, making the processes in the cockpit of Air Dolomiti’s aircraft more efficient.

Startup Spotlight

Company – Slingshot Aerospace
Total Funding  USD 69.67 Mn
About: Slingshot Aerospace builds world-class space simulation and analytics solutions. It empowers government and commercial space organizations to better design, manage, and safeguard their assets and mitigate risks to ensure safe and reliable operations for all space-faring users. Read more>>

Latest Reports Published in Draup

BAE Systems plc Account Intelligence Report
BAE Systems plc is eager to enhance its maintenance and training solutions, advanced combat vehicles, next-generation defense applications, and computing technology. The company focuses on developing energy management solutions, electric vehicle solutions, electromagnetic attack weapon systems, and virtual reality solution. Read More>>
Teledyne Technologies, Inc. – Account Intelligence Report
Teledyne FLIR intends to implement a long-range radiometric infrared camera system for range tracking, target signature, outdoor testing, and science applications in all conditions. It aims to introduce Lightweight Vehicle Surveillance System with novel air domain awareness and enhanced counter-unmanned aerial system capabilities. Read More>>
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