AIA: US to strengthen international ties at Farnborough | NATO's commitment to defense to benefit US arms-makers | Northrop Grumman COO Kathy Warden to step up as CEO in 2019
July 13, 2018
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AIA: US to strengthen international ties at Farnborough
Leading up to the Farnborough Airshow, the Aerospace Industries Association has released data showing the positive impact aerospace and defense has on US trade, including a positive balance of $86 billion. "Robust US government and industry presence are a signal that the US is serious about strengthening our international relationships and increasing aerospace and defense exports," said Remy Nathan, AIA vice president of international affairs.
Defense One (7/12) 
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Lockheed Martin Chooses Orlando for New R&D Facility
Orlando's steady pipeline of aircraft and aerospace engineers combined with Florida's friendly business climate gives Lockheed Martin a competitive advantage and enables the company to win numerous major U.S. defense contracts. That's why Lockheed Martin chose to build its new Research and Development (R&D) facility in Orlando. Read more.
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Defense
NATO's commitment to defense to benefit US arms-makers
NATO countries have renewed their commitment to spending 2% of economic output on defense by 2024, a step that promises to benefit US defense manufacturers. The US is the No. 1 military exporter worldwide, accounting for 34% of global arms trade.
Voice of America (7/12) 
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Northrop Grumman COO Kathy Warden to step up as CEO in 2019
Northrop Grumman CEO Wes Bush will hand the reins to Chief Operating Officer Kathy Warden on Jan. 1. "She has demonstrated exceptional leadership in her roles leading the operations of our company, and she brings the vision and values to lead Northrop Grumman into the future," Bush says.
The Washington Post (tiered subscription model) (7/12) 
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Collins Aerospace to focus on digital technology
Collins Aerospace, the company that will be formed by UTC Aerospace Systems' acquisition of Rockwell Collins, will focus on digital technology. Rockwell CEO Kelly Ortberg will helm Collins Aerospace.
Aviation Week & Space Technology (tiered subscription model) (7/13) 
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L3 acquisitions create L3 Trenchant cyberdefense unit
L3 Technologies has purchased Linchpin Labs and Azimuth Security to form L3 Trenchant, which will focus on cyberdefense.
Defense News (7/12) 
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Civil Aviation
Boeing, Airbus accelerated sales pace in June
Boeing and Airbus fielded $44 billion in combined new orders for June, with Airbus seeing 100 new orders, four times the company's May bookings. Boeing, meanwhile, received orders for 157 aircraft.
Air Transport World (7/12) 
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Analysts say Boeing could unveil major orders at Farnborough
Analysts say Boeing may announce major orders from Emirates and Saudi Arabian Airlines at the Farnborough Airshow.
The Business Journals (tiered subscription model)/Seattle (7/12) 
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Space
Blue Origin prepares first passenger tests for New Shepard
Blue Origin plans to test passenger flights aboard the New Shepard spacecraft next year, with reported ticket prices between $200,000 and $300,000.
Reuters (7/13) 
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Policy and Legislation
Senator wants US to track defense spending by allies
Sen. Mike Lee, R-Utah, is pushing legislation that would require the Defense Department to brief Congress on defense spending by allies. "NATO and other mutual defense agreements have a purpose, but until we no longer bear the greatest brunt of the financial burden, we cannot and should not consider expanding these commitments," Lee said, announcing the Allied Burden Sharing Report Act of 2018.
Defense News (7/12) 
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AIA News
Register: AIA receptions at the Farnborough International Airshow
Register now to attend AIA's receptions at the Farnborough Airshow. AIA's President’s Reception on Sunday, July 15, is exclusive to AIA Members. AIA's Industry Reception at Kensington Palace on Tuesday, July 17, is open to the general public. Learn more and register here.
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