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June 21, 2011News for the aerospace industry

  Today's Top News 
  • Study could become guide for Pentagon cuts, Lynn says
    Deputy Defense Secretary William Lynn said that an industrial base study could suggest which sectors and defense contractors can weather more reductions in funding. However, Lynn told the Aerospace Industries Association that the Pentagon will strive to protect as much of the industrial base as possible. “We must make vertical rather than horizontal cuts, based on strategic assessment.... Rebuilding capabilities in five, 10 or 15 years later comes with a cost multiplier,” he said. (6/20) LinkedInFacebookTwitterEmail this Story
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  • Northrop Grumman execs defend Global Hawk UAV
    Edward Walby, top Global Hawk salesman at Northrop Grumman, explained at the Paris Air Show why the latest RQ-4B model failed to meet the Pentagon's performance expectations. "When you have a system designed by engineers, made by a manufacturer, tested by evaluators and certified by administrators, then you put it in the hands of troops, you get an entirely different picture," Walby said. The Global Hawk made unexpected deployments earlier this year to support efforts in Japan and Libya. Defense News (6/20) LinkedInFacebookTwitterEmail this Story
  • Lockheed Martin may offer F-35 stealth fighter to India
    Lockheed Martin may try to rejoin India's massive combat-jet competition by offering its F-35 stealth fighter. Lockheed's F-16 model was previously eliminated in April from the $11 billion contest. India has tripled its defense budget over the last 10 years, and the country has previously purchased C-130J transports from the company. Bloomberg (6/21) LinkedInFacebookTwitterEmail this Story
  • Other News
Vulcanium, global stockist of titanium products for aerospace, is exhibiting in Hall 2/FG155 at the Paris Airshow.
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  Paris Air Show 2011 Coverage 
  • Air show orders are crucial for Boeing and Airbus, insider says
    Henri Courpron, CEO of International Lease Finance, said that if Airbus mounts a sales coup at the Paris Air Show, Boeing might be forced to acknowledge that its rival is correct about aircraft redesign. "I think it is going to be a different conversation at the end of the week, depending on what Airbus achieves this week in terms of orders for the neo," Courpron said. "So if we assume, based on rumors and reports, that the neo is going to be a great success this week, then it prompts Boeing to do something. It cannot do nothing." Reuters (6/20) LinkedInFacebookTwitterEmail this Story
  • Bombardier secures launch customer for CSeries jets
    Bombardier said that it has signed a contract with a "major network carrier" for 10 CSeries jets. The airline will be the first operator of the single-aisle model. “We are still in advanced discussions with a couple of handfuls of customers,” said Bombardier spokesman Gary Scott. Qatar Airways said it might purchase Airbus A320 neo jets rather than Bombardier's CSeries planes. Bloomberg (6/20) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Commercial Aviation 
  • Excess capacity isn't scaring aircraft manufacturers
    Boeing and Airbus are ramping up production of their 737 and A320 airliners, respectively, as they expect demand to increase. The aircraft manufacturers say they are undaunted by forecasts for excess capacity and other challenges facing airlines. However, some analysts predict a bright future for the industry. "The aerospace industry is in a better position than last year at the time of Farnborough. Paris this year should be a vibrant deal-making environment," said Michael J. Richter, co-head of aerospace business at Lazard. The New York Times (tiered subscription model) (6/20) LinkedInFacebookTwitterEmail this Story
  • Other News
North Carolina has the highly skilled workforce and manufacturing infrastructure the aerospace industry needs to thrive. Read recent news highlighting innovations from HondaJet and Spirit AeroSystems, just two of more than 180 aerospace companies that are taking advantage of what North Carolina has to offer.
  Featured Content 

  • U.S. and Europe should partner on space program, Bolden says
    NASA Administrator Charles Bolden said American and European companies should team up to develop the congressionally mandated space exploration program. "It is my hope that we’ll be able to have Europeans in the critical path somewhere in the exploration initiative," Bolden said. "If we don’t, then we’re not doing what I said we’re going to do, which is a new way of doing business where we do put people outside NASA in the critical path." While visiting Europe for the Paris Air Show, Bolden plans to meet with Jean-Jacques Dordain from the European Space Agency, as well as other European industry leaders. (6/20) LinkedInFacebookTwitterEmail this Story

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  Homeland Security 
  • Texas lawmakers will consider TSA bill at special session
    Texas Gov. Rick Perry on Monday added a bill to the agenda of a special legislative session that would hold Transportation Security Administration agents liable for aggressively patting down travelers without probable cause. The bill was proposed at the last legislative session but lost support after the U.S. attorney for the Western District of Texas said it would interfere with the TSA's responsibilities. Lawmakers say they changed the bill slightly in response to the U.S. attorney. (Austin) (6/20), The New American (6/21) LinkedInFacebookTwitterEmail this Story
  • Column: TSA union election ends today
    The union election for Transportation Security Administration agents ends today, writes columnist Joe Davidson. The employees will select between the American Federation of Government Employees and the National Treasury Employees Union. The winner will be announced Thursday. Both unions have campaigned aggressively to represent TSA workers, and a win for either would significantly increase its membership, Davidson writes. The Washington Post (6/20) LinkedInFacebookTwitterEmail this Story
  AIA News 
  • Enjoy the air show without leaving your desk
    Not going to Paris? No problem! Bookmark the AIA Air Show blog to get a front row seat to all the action in Paris. AIA will share pictures, stories and video showcasing U.S. highlights throughout the week. LinkedInFacebookTwitterEmail this Story
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F-35 STOVL Maintenance ControllerLockheed Martin CorporationEglin, FL
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Component Development EngineerPinnacle AirlinesMemphis, TN
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