Key Insights and Signals in Aerospace and Defense
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Center Setup
Rocket Lab to boost Eastern Shore space business
The company is building a 250,000-square-foot rocket manufacturing facility on Wallops Island. Wallops rocket business got a big payload boost in late February when California-based Rocket Lab USA announced plans to build a 250,000 square-foot facility on Accomack’s Wallops Island for manufacturing Rocket Labs reusable Neutron rockets. Read More>>
Turkish Airlines Lounge coming to New York JFK
The airline will open a lounge in Terminal 1 of New York’s John F. Kennedy International Airport. There is now a lounge in Terminal 1 with Turkish Airlines branding and a sign that Turkish Airlines Lounge will be welcoming passengers. Read More>>
SpaceX plan for industrial wastewater plant at Kennedy Space Centre sparks Indian River Lagoon worries
The company plans for an industrial wastewater treatment plant at Hangar X, a facility at the property the company leases from Kennedy Space Centre. Falcon 9 first-stage boosters have some conservationists worried about what the wastewater might do to the Indian River Lagoon. Read More>>
Defense tech provider Mercury Systems expands Arizona’s footprint
The company celebrated opening a new facility in Phoenix last week after recently being selected to provide secure packaging for the Department of Defence’s State-of-the-Art Heterogeneous Integrated Packaging program, work performed at the new Phoenix facility. Read More>>
Deal
Singapore’s ST Engineering signs MRO deal with United Airlines
The companies signed a Memorandum of Understanding to have ST Engineering see part of United’s long-term airframe heavy maintenance needs move to the Pensacola International Airport in Florida, U.S. ST Engineering currently supports United’s Airbus A320 Family out of its facility in Mobile, Alabama. Read More>>
Raytheon subsidiary Pratt & Whitney reached a labor deal with Machinists Union
The company reached a deal with Raytheon subsidiary Pratt & Whitney at two Connecticut jet engine manufacturing plants. About 3,000 members approved the three-year contract of the International Association of Machinists and Aerospace Workers. Read More>>
HENSOLDT wins major Eurofighter service contract
The company has been awarded a contract worth a mid-three-digit million-euro amount for the next phase of Eurofighter maintenance. The contract covers service tasks for HENSOLDTs share of various Eurofighter systems in radar, self-protection, and avionics. HENSOLDTs service contributes to the desired increase in Eurofighter flying hours. Read More>>
Partnerships
Skill Ministry joins hands with ISRO and launches ISRO Technical Training Programme
The Ministry of Skill Development and Entrepreneurship has signed a Memorandum of Understanding with the Indian Space Research Organisation to launch ISRO Technical Training Programme. Under the program, it will train more than 4000 ISRO technical employees over the next five years. Read More>>
SpaceX’s Star Link partners with airlines to offer improved in-flight wi-fi
The company partnered with Hawaiian Airlines and charter airline JSX to bring Starlink wi-fi services on their flights. While the financial details of the partnerships remain concealed, both airlines will offer the in-flight wi-fi service to passengers for free. Read More>>
Executive Movement
Scott Nelson takes Sales VP role for Gulfstream
Gulfstream Aerospace promoted company veteran Scott Nelson to serve as a North American sales division VP. Nelson has served with Gulfstream since 2006, beginning as a financial analyst for new aircraft sales. Nelson will oversee sales team activities in the U.S. Southeast, Midwest, and Southwest in his new role. Read More>>
QinetiQ Australia names GM for advisory
The company appointed Paul Angelatos as General Manager of Advisory Services. The appointment to the role comes because of the strategic restructuring of QinetiQ Australia’s delivery businesses. QinetiQ aims to establish a more agile, nimble approach to responding to real Defence needs while ensuring sustainable growth. Read More>>
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Latest Industry Insights from Draup Braindesk
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Startup Spotlight
Company – Interstellar Lab
Total Funding – USD 6.2 Mn
The company creates space-grade food production systems and habitat modules to solve the current climate crisis and the need for new food production systems on Earth and develop closed-loop life support systems for lunar missions in NASA’s Artemis Mars exploration program. Read more>>
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