Aerospace / Defense – Page 6

15. 12. 2020 No Responses

Japan Plans To Spend $48 Billion To Field F-X Stealth Fighters By 2035

Japan Plans To Spend $48 Billion To Field F-X Stealth Fighters By 2035 That Would Outperform F-35 And Chinese Fighters. Last week, Japan’s Nikkei newspaper revealed new details of Tokyo’s ambitious plans to domestically develop a sixth-generation F-X stealth fighter that can keep China’s...

23. 11. 2020 No Responses

GAO: Only three of 46 piloted Pentagon aircraft met their annual mission capability

Only three of 46 piloted Pentagon aircraft met their annual mission capability (MC) goals in a majority of the years between fiscal years (FYs) 2011–19, according to a new report. The Government Accountability Office (GAO), in a report released on...

22. 11. 2020 No Responses

IATA: Airlines need another $80 billion in aid to survive

Airlines will need $70-80 billion in aid to survive the coronavirus crisis, or another half again of the amount already received from governments, their global industry body warned. “We are extremely grateful to them for having injected $160 billion into...

15. 11. 2020 No Responses

Airbus and Boeing Report October 2020 Orders

Boeing and Airbus delivered 13 and 72 commercial jets in October 2020, compared to 19 and 76 deliveries, respectively, in the same month last year. For Airbus, the month of October was the strongest since the COVID-19 pandemic began. With...

2. 11. 2020 No Responses

Embraer Report Deliveries in 3Q

Embraer delivered a total of 28 jets in quarter three, of which seven were commercial aircraft and 21 were executive jets (19 light and 2 large). As of Sept. 30, the firm order backlog totaled $15.1 billion. During quarter three,...

7. 10. 2020 No Responses

Germany walks away from Lockheed, Boeing cargo helicopter offers

The German Defence Ministry wants to start fresh on a new heavy transport helicopter after finding that offers from American firms Boeing and Lockheed Martin for the Chinook and the King Stallion, respectively, were too expensive, officials announced Tuesday. ...

18. 9. 2020 No Responses

Raytheon to axe more than 15,000 jobs

Raytheon Technologies Corp. plans to eliminate more than 15,000 jobs this year at its corporate offices, jet engine-maker Pratt & Whitney and aviation and military equipment manufacturer Collins Aerospace amid a broad downturn in the airline industry Total...

16. 9. 2020 No Responses

How the Aerospace and Airlines Sector See the Speed of Recovery

The timeline for a passenger traffic recovery remains uncertain. The IATA does not expect passenger traffic to return to pre-COVID-19 levels until 2024. Leeham Co. predicts that it will take four to eight years before traffic returns to pre-COVID-19 levels....

6. 9. 2020 No Responses

Hypersonic Weapons from Lockheed and Raytheon

New hypersonic weapons from Lockheed Martin (ticker: LMT) and Raytheon Technologies (ticker: RTX) are ready for powered flight tests by the end of the year. The two variants of the Hypersonic Air-breathing Weapon Concept (HAWC) have successfully flown ca...

3. 9. 2020 No Responses

Comac C919: A Competitor to Airbus and Boeing

As of the beginning of this year, more than 200 extra airports were scheduled to be built in China over the next 15 years to cope with the relentless growth spurt. And, not so long ago, Boeing’s 2019-2038 Commercial Market...

1. 9. 2020 No Responses

Amazon gets FAA approval to deliver packages by flying drones

The Federal Aviation Administration officially designated the Amazon an “air carrier” on Monday, paving the way for Amazon to start testing its plans to drop off packages within 30 minutes. The FAA’s approval marks a huge milestone for Amazon’s CEO...

10. 8. 2020 No Responses

Space industry is moving to ‘leadership by seasoned execs’

The space industry is moving “from a small community of space enthusiasts to leadership by seasoned execs,” says Chad Anderson, managing partner at Space Capital. “We’re going into a phase where we’re moving from startup really to growth,” Anderso...

5. 8. 2020 No Responses

Virgin Atlantic files for bankruptcy protection

Virgin Atlantic, the European carrier founded by British entrepreneur Richard Branson, on Tuesday filed for debt relief in the U.S. as the toll of the coronavirus on the airline industry continued to mount. The company said it is not technically bankrupt and...

4. 8. 2020 No Responses

Raytheon Technologies 2Q Results & Outlook

Technologies Corporation (NYSE: RTX, Market capitalization: $86.59 billion), a leading aerospace and defense company, reported robust 2Q20 results, beating the consensus revenue and Adjusted EPS comprehensively. The Company reported an adjusted sales of $14.3 ...

29. 7. 2020 No Responses

Boeing Posts Massive Loss, Burns $5.3 Billion As Debt Explodes

Boeing reported another dismal quarter, helping the company emerge as one of the companies most directly impacted by the global covid pandemic. For the second quarter Boeing, which said that results are still significantly impacted by Covid-19, reported a 25%...

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