Partnerships
Reaction Engines and CAeS expand collaboration on hydrogen fuel cell tech
Reaction Engines and Cranfield Aerospace Solutions have expanded their partnership to investigate other aerospace applications for their hydrogen fuel cell technology. The MoU demonstrates their commitment to long-term aviation solutions across several platforms. Read More>>
Lilium extends battery partnership with InoBat
Lilium has expanded its collaboration with InoBat to assure a consistent supply of high-performance battery cells for its eVTOL jet. The agreement aims to diversify production sources for increased reliability, while Lilium retains intellectual property rights to its revolutionary battery technology. Read More>>
Hindustan Aeronautics and Safran launch JV for helicopter engines
Hindustan Aeronautics Ltd and Safran Helicopter Engines form a joint venture to design, develop, and manufacture helicopter engines. The initial focus of the relationship is on engines for the Indian Multi-Role Helicopter and Deck-Based Multi-Role Helicopter. Read More>>
Deals
Safran wins more than US$ 1.2 Bn in contracts from Emirates Airline
Emirates Airline awarded Safran contracts worth more than US$1.2 billion to supply seating for the Airbus A350, Boeing 777X-9, and upgrade current Boeing 777-300 aircraft. Cabin equipment, wheels, carbon brakes, and maintenance assistance are also included in the purchase. Read More>>
Lockheed Martin US$ 33.7 Mn cosmic contract ignites future of space exploration
Lockheed Martin has received a US$ 33.7 Mn contract from the United States Air Force Research Laboratory for the JETSON project, which aims to revolutionize space travel through nuclear-powered spacecraft propulsion. Read More>>
Centre Setup and Expansion
Lockheed Martin opens 25,000-square foot, US$ 16.5 Mn missile defense lab
Lockheed Martin’s Huntsville campus is getting a US$ 16.5 Mn Missile System Integration Lab to boost missile defense research. The facility will house a digital engineering center as well as undertake research and testing for the Next Generation Interceptorm. Read More>>
Northrop Grumman announces plans for US$ 200 Mn manufacturing facility in Waynesboro
Northrop Grumman will invest US$ 200 Mn in advanced electronics production and testing in Waynesboro, creating more than 300 jobs. The 315,000-square-foot facility, which will open in mid-2025, intends to address expanding client demands for sophisticated electronics and mission solutions manufacturing and testing. Read More>>
Executive Movements
Benchmark executive search recruits Chief Revenue Officer for Firefly Aerospace
Benchmark Executive Search has appointed Brett Alexander as Chief Revenue Officer for Firefly Aerospace. With over 10 years of experience in Blue Origin government sales and roles in space-focused organizations. Read More>>
Lockheed Martin names Catherine Ni as permanent VP of Close Combat Systems
Catherine Ni has been appointed as the permanent Vice President of Close Combat Systems at Lockheed Martin. With over two decades of experience at Lockheed, Ni previously served as Close Combat Director and Mission Systems Director. Read More>>
New Product Development and Product Launch
Space debris cleanup gets a boost, Airbus launches Detumbler device to tackle satellite tumbling
Airbus has released the Detumbler gadget, which is designed to keep satellites from tumbling when they reach the end of their operational lifespan. The magnetic dampening system will be tested in orbit during a flight in early 2024 with Exotrail and EnduroSat. Read More>>
Merger and Acquisition
TransDigm beefs up aerospace aftermarket business with US$ 1.4 Bn deal
TransDigm Group is acquiring Communications & Power Industries components and subsystems business for US$ 1.39 Bn to expand its presence in the growing aircraft repair market. As airlines operate jets for longer amid surging demand for air travel the aftermarket for repairs and services is booming. Read More>>
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