 July 9, 2012 | News for the aerospace industry |
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- U.S. and UK must invest in aerospace, Blakey says
The U.S. and U.K. must uphold their "special relationship" and keep investing in aerospace in order to serve their proper roles in the world, said Marion Blakey, president and CEO of the Aerospace Industries Association. Blakey spoke to the Royal Aeronautical Society before the start of the Farnborough International Airshow. The "English-speaking democracies" of England and the U.S. must serve as "defenders of Western values," said Blakey, warning that both nations' aging aerospace systems and equipment need investment. FlightGlobal.com (U.K.)
(7/7)      
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| Farnborough Air Show 2012 Coverage |  |  |
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- Boeing orders push it further ahead of Airbus
Aviation Lease & Finance of Kuwait and Air Lease are in talks with Boeing for its 737 Max plane, sources say. Such deals would further widen Boeing's lead over Airbus, but Airbus is expected to announce a contract with an Israeli airline and other deals. Some of the announcements are expected to come at the Farnborough International Air Show, which began today. The Wall Street Journal
(7/8), The Seattle Times
(7/8)
- Sikorsky signs $7.3B deal with U.S. military
Sikorsky Aircraft will provide Black Hawk helicopters to the U.S. Army, Navy and Air Force for $7.3 billion in a deal that stretches over five years, sources say. The contract includes several variants, including the H-60, of the helicopter. "The Black Hawk series has become the poster child for multiyear contracts," said aerospace analyst Richard Aboulafia. "Guaranteeing procurement numbers for five-year blocks has been extremely effective in bringing down costs." Reuters
(7/8)
- Bombardier says CSeries sales are on track
Mike Arcamone, the president of commercial aircraft at Bombardier, says sales and test systems of the CSeries aircraft are on track. The company has announced an order for 15 of the aircraft, and Arcamone expects Bombardier to hit its goal of 300 orders to at least 20 customers by next year. "We are not looking for one big order, but a big global diversified customer base in all regions," Arcamone said. FlightGlobal.com (U.K.)
(7/8)
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- Uncertainty is stalling hiring and investment, AIA chairman says
Defense-cut uncertainty means layoff notices are looming at aerospace and defense firms and investment is on hold, say industry leaders. "No one wants to hire. No one feels there's enough certainty to make significant capital investments," said Dave Hess, president of United Technologies' Pratt & Whitney engine-making unit and chairman of the Aerospace Industries Association. "We're all kind of waiting on the sidelines to see what happens." Reuters
(7/8)
- U.S. ramps up cyberdefense efforts
The U.S. Air Force's Weapons School has graduated its first group of people trained in cyberwarfare, part of the Pentagon's effort to step up its cybercapabilities. "We have to be able to succeed against an enemy that wants to attack us in any way," said Col. Robert Garland, commandant of the Weapons School. The Wall Street Journal
(7/6)
- Typhoon partners want new radar by 2015
The Typhoon program's four nation partners are seeking a new active electronically scanned array radar to be in place on the plane by 2015, a move that is designed at increasing exports of the Typhoon. The British, German, Italian and Spanish governments agreed on radar specifications and have asked the Eurofighter consortium for proposals to develop it. Defense News
(7/8)
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- Boeing says it's not concerned about Airbus plant in U.S.
Raymond L. Conner, president and CEO of Boeing Commercial Airplanes, said he is not concerned with Airbus' move to build a manufacturing plant in the U.S. "At the end of the day, you compete with the best products, with the best value, the best performance and the best relationships," he said. "If Airbus can bring a better value proposition to the game, then the U.S. airlines will take that into account." The New York Times (tiered subscription model)
(7/8)
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- Pentagon moves forward with biorefinery initiative
The Department of Defense is moving forward with an initiative to support the development of three biorefineries that will produce biofuels for military jets and ships, despite lawmakers' criticism of the price the U.S. Navy paid for biofuels to demonstrate a carrier strike group. Navy Secretary Ray Mabus said that biofuels enhance national security by lessening the country's reliance on foreign oil. The Pentagon's biorefinery initiative is "going to help support the creation and commercial viability of a defense-critical industry, and that's in domestic biofuels," Mabus said. Reuters
(7/5)
- Virgin Galactic's SpaceShipTwo mockup is unveiled at Farnborough
A full-scale replica of the first suborbital commercial spacecraft, SpaceShipTwo, made its debut at the Farnborough International Airshow, which began today. Virgin Galactic expects to run its first powered-flight test of the spacecraft at the end of the year. "We are moving as fast as possible, and as fast as is safe," said Virgin Galactic President and CEO George Whitesides. Aviation Week & Space Technology
(7/9)
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Top five news stories selected by AIA dailyLead® readers in the past week.
- Results based on number of times each story was clicked by readers.
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A must-attend meeting -- commercial aviation on the rise
Commercial aviation is growing, get on board now. You can't afford to miss AIA's Summer Supplier Management Council Meeting, hosted by Pratt & Whitney, August 14 to 16, 2012 at the Hilton Hartford Hotel, Hartford, Conn. More information.
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AIA President and CEO Marion C. Blakey’s July 5 remarks at the Royal Aeronautical Society
Her lecture -- "Changing course while losing altitude: Anglo-American aerospace and defense in an age of austerity" -- highlighted how the US and UK share the essential roles and responsibilities they hold as defenders of Western values, promulgators of commerce and exporters of security. Please visit here to read her remarks.
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