Liebherr to use additive manufacturing to supply lower cargo door actuators and valves for Airbus’s A350 fleet
Key Insights and Signals in Aerospace and Defense
Centre Setup and Expansion Raytheon to build counter-drone tech facility in Scotland The company will establish an advanced laser integration center to focus on testing, fielding, and maintaining defensive high-energy laser weapon systems. The move comes as the demand for counter-drone technology due to emerging threats such as the ongoing Russia-Ukraine war. Read More>>Deals Boeing is aiming to deliver the second SLS core stage to NASA in March The company is continuing final assembly work for the second Space Launch System Core Stage at the Michoud Assembly Facility in New Orleans, with plans to complete production and deliver the rocket stage to NASA next year in March 2023. Read More>> US Army orders more RQ-20B Puma 3 AE small UASs from AeroVironment AeroVironment will supply almost 50 more RQ-20B Puma 3 AE small UASs to the US Army. AeroVironment has obtained a USD 11.24 Mn contract modification from the US Army to provide an undisclosed number of RQ-20B Puma 3 AE small UASs, with an estimated completion date of 31 July 2023. Read More>> Liebherr to supply complex 3D printed components for the Airbus A350 fleet Airbus has selected Liebherr-Aerospace Lindenberg GmbH as the supplier for the lower cargo door actuator and valve for the A350. Liebherr will 3D print the complex valve and the lower cargo door actuator system. Read More>>Merger and Acquisition Raytheon to acquire UK start-up Northern Space and Security Raytheon intends to acquire Northern Space and Security, or NORSS, a UK-based start-up specializing in space domain awareness, orbital analysis, space surveillance, and tracking. NORSS was founded in 2017 by Royal Air Force veteran Ralph Dinsley. Read More>>Partnerships Rolls-Royce, Safran, and MBDA partner for next-generation cruise missile The UK company and Safran Power Units have jointly signed an assessment phase contract with MBDA as part of the Franco-British Future Cruise / Anti-Ship Weapon program. Both partners will work collaboratively to mature a new propulsion solution for a subsonic, low-observable missile expected to be fielded before the decade’s end. Read More>> Boeing signs MoU For four 787-8s; invests in AEI HorizonX The two companies signed an MoU for four additional fuel-efficient 787-8s at the Farnborough International Airshow. The Azerbaijan flag carrier currently operates two 787-8s and intends to grow its Dreamliner fleet to 10 by 2030, enabling it to open new routes across Central Asia. Read More>> EasyJet and Rolls-Royce partner for hydrogen-fuelled jet engines The two companies have partnered to develop hydrogen engines capable of powering commercial passenger planes. The agreement aims to demonstrate that hydrogen can be used in various aircraft from the mid-2030s onwards. Read More>>Financial and Market Activity Regal Rexnord scheduled to post earnings The company is scheduled to announce its earnings results after the market closes on August 1st. The company reported USD 2.68 earnings per share (EPS) for the quarter, beating the consensus estimate of USD 2.44 by USD 0.24. Regal Rexnord had a net margin of 6.28% and a return on equity of 11.36%. Read More>> Gentex (GNTX) dips 8% on Q2 earnings Gentex dipped after it posted weak second-quarter results, wherein earnings and revenues missed estimates. In the reported quarter, auto-dimming mirror shipments in the North American market increased 7% to 3,595,000 units but lagged the consensus mark of 3,722,000 units. Read More>>
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GKN Aerospace Services Limited is eager to maintain and introduce tubes for the PAC-3 Missile Segment Enhancement (MSE) to defend against incoming threads.
The company aims to produce composite V-tails for MQ-9B Sky Guardian Remotely Piloted Aircraft System (RPAS) to access the aircraft remotely.
GKN Aerospace Services Limited has ~16 outsourcing partners. Cyient is the major service provider for GKN Aerospace Services Limited.
Product Engineering Services and consulting system integration are the major outsourced segments.
Key Focus and Recommended Areas
GKN Aerospace Services Limited focuses on enhancing and developing aircraft engines to provide a safe journey with a carbon reduction system.
Key Recommended Area is: Aviation Energy Services
Key Funding Alert
Boeing to Invest USD 50 Mn in a new aerospace tech venture fund About: Boeing will invest to anchor a new aerospace technology venture fund managed by AE Industrial Partners. The new investment will be put toward the VC platform’s second fund, which aims to raise USD 250 Mn to invest in future mobility, space, sustainability, digital enterprise applications, networks, and security. Read more>>
Company – Skyways Total Funding– USD 16.12 Mn About: Skyways focuses on cargo transportation with the idea to fund a new personal air transportation vehicle that will be operated as a service. Skyways’ software enables full autonomy and large-scale fleet operations. Read more>>
Latest Reports Published in Draup
Honeywell International Account Intelligence Report
Honeywell aims to expand margins by optimizing the company’s performance through the integrated supply chain and Honeywell digital transformation initiatives, commercial excellence, repositioning, and other manufacturing operational process improvements. Read More>>
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