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Masdar teams with Boeing to push forward net-zero emissions with sustainable aviation fuel

Key Signals in Aerospace & Defence

Partnerships
Airbus Helicopters partnered with TRUMPF to enhance additive manufacturing capabilities 
Airbus Helicopters will use TRUMPF’s superior metal 3D printing technology to manufacture components for helicopters and aircraft. Through additive manufacturing, it hopes to reduce component weight, improve fuel efficiency, and promote sustainable flying. Read More>>
Masdar and Boeing team up for sustainable aviation fuel
Masdar and Boeing have joined forces to push global regulations and boost collaboration in the sustainable aviation fuel market. SAF intends to assist the aviation industry in meeting net-zero emissions targets by 2050, resulting in economic growth and job possibilities. Read More>>


Deals
Raytheon awarded a US$ 39 Mn contract to develop an air-base air defense command 
The US Air Force awarded Raytheon a $39 million contract to build an innovative command and control software prototype named BC3 for air-based air defense to improve air base protection against small drones and cruise missiles. Read More>>
Lockheed wins US$ 379.6 Mn contract to supply MH-60R helicopters 
Lockheed Martin received a $379.6 Mn contract from the Naval Air Systems Command to supply the Spanish government with eight MH-60R helicopters, capitalizing on the growing need for military helicopters. Read More>>


Centre Setup and Expansion
Rocket Lab opens engine facility in former Virgin Orbit headquarters 
Rocket Lab established an Engine Development Centre in Long Beach, California, utilizing the former Virgin Orbit headquarters to produce Rutherford and Archimedes engines, allowing them to scale up engine production and expand their space systems company. Read More>>
Joby Aviation selected Dayton, Ohio for its new electric aircraft factory 
Joby Aviation has chosen Dayton, Ohio as the location for its electric aircraft plant, which will invest up to US$ 500 Mn and employ 2,000 people. The eVTOL aircraft is expected to begin air taxi services by 2025. The plant will manufacture electric airplanes for use in urban and airport transportation. Read More>>


Executive Movement 
Aero Norway appointed Neil Russell as CEO 
Neil Russell will succeed Glenford Marston as CEO. Russell, with five years at the company, brings experience and a focus on efficiency and sustainability in engine maintenance. Marston shifts his role to Senior Vice President – Sales, focusing on industry relationships. Read More>>
Latecoere S.A. announced chief executive changes 
Greg Huttner has been named CEO of Latecoere S.A. Brings experience from Latecoere, where he held numerous roles leading operational reforms, acquisitions, and business expansion. Read More>>


Mass Hiring
Airbus looks to create 1,000+ new UK jobs in recruitment drive 
As part of its expansion and commitment to the aerospace industry, Airbus wants to hire 1,100 people in the UK, including cybersecurity professionals and software developers. Read More>>

Latest Industry Insights from Draup Braindesk

Advanced Aerospace Services
  • GE Aerospace focuses on delivering dependable and efficient engine services for countries operating F-16 and F-15 fighter aircraft to meet military aviation’s stringent demands.  
  • The company innovates with lightweight, heat-resistant ceramic-matrix composites, enhancing aircraft performance and reducing emissions by replacing metal alloys in high-speed flight applications.  
  • GE Aerospace offers maintenance, repair, and overhaul services for F-35 avionics and electrical power systems, aiming to boost reliability, mission readiness, affordability, and overall performance. 

Key Funding Alert

Urban Sky announced a US$ 9.75 Mn Series-A funding round 
The investment will be used by Urban Sky to enhance its stratospheric technology for high-resolution remote sensing, to serve applications such as insurance analytics, utility monitoring, catastrophe response, and environmental analysis. Read More>>

Startup Spotlight

Company –  TechEagle Innovations 
Total Funding – USD 578.58 K
About: TechEagle Innovations aims to create an on-demand drone delivery network for last-mile healthcare and essential package delivery. Its Vertiplane X3 is a hybrid eVOTL with multiple fail-safe options and a dynamic design. Read More>>

Latest Reports Published in Draup

Bell Helicopter Account Intelligence Report 
Bell emphasizes performance and safety while driving innovation in vertical lift technology, all while championing sustainability through pioneering sustainable aviation fuel adoption and eco-conscious engineering solutions. Read More>>

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