Lockheed Martin continues surveillance satellite integration work with DARPA

Key Insights and Signals in Aerospace & Defence

Mergers and Acquisitions 
Parker-Hannifin to bid after TansDigm drops acquisition pursuit of Meggitt 
After TransDigm stopped pursuing Meggitt Plc buy, Parker-Hannifin Corp. bid a lower GBP 6.3 Bn (USD 8.7 Bn) buyout of the U.K. aerospace and defense supplier. Read More>>
Gentex Corp acquires Guardian Optical Technologies 
The Guardian’s acquisition will bolster Gentex’s cabin monitoring expertise. Gentex has integrated displays, cameras, and various ADAS features into its smart rearview mirrors. Read More>>
CHC Helicopter acquires Babcock International’s offshore operations
The acquisition reinforces CHC’s global position, increases its offshore crew transportation capacity, and expands its fleet by around 30 aircraft across the UK, Denmark, and Australia. This acquisition will open broader opportunities for CHC in existing and new markets. Read More>>
Collins Aerospace to acquire flight data provider FlightAware 
Houston-based FlightAware provides global flight tracking, predictive technology, and analytics. FlightAware is expected to join Collins’ Information Management Services portfolio within its Avionics strategic business unit. Read More>>
Hanwha Defense to apply defense technology to eco-friendly civilian ships     
Hanwha will use accumulated technology from submarine lithium-ion batteries to eco-friendly civilian ships in cooperation with a domestic maritime classification society after MoU with the Korean Register (KR). Read More>>
Embraer Eve leads the working group to develop UAM in Rio 
Embraer’s Eve Urban Air Mobility division has started cooperating with commercial partners and government entities to build a concept of operations for urban air mobility (UAM) in Rio de Janeiro. Read More>>
Executive Movement 
Lufthansa Group announces new Chief Strategy Officer 
CEO Jrg Eberhart of Air Dolomiti will take over as Head of Strategy & Organizational Development at Lufthansa Group. He was a member of the Executive Board of Lufthansa CityLine. Read More>>
Elbit Systems appoints Kobi Kagan as EVP And CFO, replacing Joseph Gaspar 
Kagan will replace current CFO Joseph Gaspar, who will become Senior Executive Vice President – Business Management. Kagan was appointed to his current position in Elbit Systems Land in 2018, and from 2010 to 2018, he served as Elbit Systems Land and C4I’s Vice President. Read More>>
GE Vet David Joyce Elected to Boeing Board 
David Joyce, an aerospace industry veteran, joined Boeing’s board of directors. Joyce will serve on aerospace safety and compensation committees as a member of Boeings board. He joined GE Aviation as a product engineer in 1980. He designed and built military and commercial engines. Read More>>
Deals and Deal Renewals 
DARPA awards Lockheed Martin a USD 25 Mn contract modification for integration of Blackjack satellites 
The technology developed in the Blackjack program supports the space development agency’s LEO constellation. Lockheed Martin is the satellite integrator for Blackjack, a project to demonstrate the capabilities of small satellites in LEO for military communications, missile warning, and navigation. Read More>>
Boeing, Lockheed, and Raytheon to design USAFs SCIFiRE hypersonic missiles 
The US Air Force (USAF) granted Boeing, Lockheed Martin, and Raytheon separate contracts to develop air-breathing, hypersonic cruise missiles. The USAF is seeking a mature design for an air-breathing hypersonic missile that can be air-launched from existing fighter and bomber aircraft. Read More>>
Maxar to update NGAs Open Mapping Platform 
Maxar Technologies will help the National Geospatial-Intelligence Agency update and maintain a web-based map data crowdsourcing platform under a five-year, USD 26.4 Mn contract. The company would advance the National System for Geospatial-Intelligence Open Mapping Enclave and NOME applications to support the agency’s mission, AI initiatives, and research work. Read More>>
Center setup and expansion
Rocket Lab expands spacecraft component production 
Rocket Lab will boost the production of satellite components, namely, reaction wheels, used for attitude control of spacecraft to meet demand from companies developing satellite constellations. The new production line will produce up to 2,000 reaction wheels a year. Read More>>

Key Funding Alert

San Diego AI startup corrals USD 210 Mn for drone technology used by the military 
AI startup Shield AI powers small military surveillance drones. It raised the funding to pursue defense contracts. Shield AI’s Hivemind algorithms enable planning, mapping, and position estimation for drones to autonomously execute complex flight maneuvers. Read More>>

Startup Spotlight

Company –  Ienai SPACE 
Total Funding – USD 1 Mn
About: Ienai SPACE provides propulsion modules customized for each platform and mission, from 2U to 12U, from RAAN-spacing to Earth-Moon transits or de-orbiting. Its versatile Tailored Taylor Thruster is highly scalable in specific impulse and thrust. Read more>>

Latest Reports Published in Draup

Raytheon Technologies Account Intelligence Report: Raytheon innovates aircraft production with advanced build strength and accessories and delivers intelligent management systems to monitor vehicle health. Raytheon is keen on enhancing aircraft services by adopting AI, ML, IoT, and big data. Read More>>
STELIA Aerospace North America Account Intelligence Report: STELIA develops innovative manufacturing techniques consistent with current and future demands. It is a vital contributor towards the advancement of composites design, development, and delivery of a diverse range of products and services. Read More>>
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