Kythera to develop software for Airbus to plan, optimize, and evaluate the performance of OneSat’s systems

Key Insights and Signals in Aerospace and Defense

Deals
Boeing to build 184 helicopters under USD 1.9 Bn contract
Boeing won a contract modification from the Pentagon to build 184 AH-64E Apache attack helicopters for the U.S. Army and international customers. The Army will receive 115 remanufactured helicopters and 15 more as options. Read More>>
L3Harris to build imaging tech for NASA-NOAA Earth Observation Program
L3Harris secured a USD 765.5 Mn contract from NASA and the National Oceanic and Atmospheric Administration to develop a high-resolution infrared imaging system for Earth observation. The contract involves building two instruments that will be deployed on the Geostationary Extended Observations spacecraft, with an option for additional imager units. Read More>>

Partnerships
Israel Aerospace Industries to cooperate with Australian defense company in aerial and missile defense
Israel Aerospace Industries signed an MOU with Australian defense company Daronmont Technologies to deliver advanced air and missile defense capabilities. IAI will leverage Daronmont’s integration, development, and manufacturing capabilities to deliver the BARAK-MX Air and Missile Defense system. Read More>>
Airbus Defence and Space partners with Kythera Space Solutions for OneSat Mission Sizing Software
Airbus will partner with Kythera to develop advanced payload mission sizing software for the Airbus OneSat Software-Defined Satellite. The OneSat satellite is a next-generation SDS satellite that can be fully reconfigured in orbit, making it highly flexible to meet evolving mission scenarios. Read More>>

Centre Setup and Expansion
Boeing kicks off construction of a new facility at Cecil airport
Boeing began work on its second facility in Florida. It will be used to inspect and repair military aircraft parts each day. Located near another maintenance center under construction in the same place, the new facility is expected to be completed by early next year with an estimated workforce of 300. Read More>>

Merger and Acquisition
TransDigm to buy tech development & test company Calspan
The deal is expected to be financed by cash and finalized during TransDigm’s fiscal year 2023. Calspan has around 625 employees and is projected to generate USD 200 Mn in revenue in 2023. The company believes the acquisition presents an opportunity to support Calspan’s aftermarket services in the aerospace and defense industry. Read More>>

Executive Movements
Boeing (BA) appoints Michael J. Cleary as SVP and Controller
Boeing appointed Michael J. Cleary as the company’s Senior Vice President and Controller, effective April 1, 2023. Before this appointment, Mr. Cleary served as the Company’s Vice President, Accounting and Financial Reporting, since 2007. Read More>>
Kimberly Ross and Mary Winston join Northrop Grumman’s Board of Directors
The company has added Kimberly A. Ross and Mary A. Winston to its board of directors. Ross was previously CFO of WeWork and Baker Hughes Company, and Winston is the founder and president of WinsCo Enterprises. The appointments of Ross and Winston bring valuable financial and governance expertise to the company’s board of directors. Read More>>
Aliette Quint to become CEO of HENSOLDT Nexeya France
The company has appointed Aliette Quint as the new CEO after serving as Vice-President of Governmental Business Development, Political Affairs, and Innovation since 2019. She also sits on the Executive Committee. Quint brings an EMBA acquired through a Franco-German program and a Master’s in European Law and Policy to her new role. Read More>>

Financial and Market Activity
Embraer grows revenue and lifts jet deliveries
Embraer’s revenue rose to USD 1.2 Bn in 2022, up from USD 1.1 Bn in the previous year, with increased delivery of business jets. In the fourth quarter of 2022, the company delivered 50 business jets. Read More>>

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Latest Industry Insights from Draup Braindesk

GE Aviation’s Engagements

Flight Pulse
GE Aviation launched Flight Pulse, the first fully commercialized product developed with mobile services from GE’s Predix platform. It uses recorded aircraft data and smart analytics to enable pilots to securely access individual operational efficiency metrics and trends.
Unmanned Aircraft Vehicles
GE Aviation developed Next Generation Unmanned Traffic Management to manage and control these Unmanned Aircraft Vehicles (UAV) operations. States, municipalities, governments, and regulatory agencies respond to the challenges with multiple new programs. It also helps to develop UTM infrastructures, advanced UAV operations, and certification/waiver automation that help transform the transportation ecosystem.
GE Aviation-Auterion Collaboration for Unmanned Aircraft System Avionics Platform
GE Aviation integrated with Auterion Enterprise PX4 operating system for Unmanned Aircraft System avionics platform. It offers large commercial UAVs a full-stack solution with airborne autopilot and application computing hardware, flight management, safety management, and integration.

Startup Spotlight

Company – True Anomaly
Total Funding – USD 23.62 Mn
About: True Anomaly manufactures space materials to deliver security and sustainability systems and solutions in the space domain. They operate at the intersection of autonomous vehicles and big data to deliver on-orbit decision advantage on Earth. Read more>>

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