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The increasing focus on information superiority by militaries and situational awareness is leading to the procurement of military electro-optical/infrared (EO/IR) systems worldwide. Additionally, the increased demand for battlespace reconnaissance and greater adoption on airborne platforms such as unmanned aerial vehicles (UAV), fighter aircrafts, helicopters, among others are the major factors driving the military electro-optics/infrared systems […]
COVID-19 delays Virginia-class submarines and incurs charges, says GlobalData
Following today’s release of Huntington Ingalls Q2 results; Harry Boneham, Associate Aerospace, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers his view on the company’s situation: “The effects of the COVID-19 pandemic are starting to bleed into Huntington Ingalls’ major defense programs, specifically the Virginia-class submarine. The company has fared […]
Despite COVID-19, MHI focuses on mid to long term growth with faith in SpaceJet future, says GlobalData
Mitsubishi Heavy Industries (MHI) doesn’t appear to have lost faith in its SpaceJet program, despite the arm representing 96.4% of its reported losses for Q1. The company’s forward statement for the year suggests the company will ensure the M90 program has the support needed for its completion and commercial production. The changes in the market […]
Making the B737 MAX fly again will not bring customers back, says GlobalData
After months of speculations, the FAA has issued a directive regarding the return to flight of the B737 MAX – Boeing’s lifeline in the fuel-efficient single-aisle segment where it competes with Airbus’ A320neo in a shrinking passenger market. The directive, a shortlist of attainable technical requirements for recertification, is good news for Boeing who has […]
747 production to end as Boeing adapts to post COVID-19 reality, says GlobalData
The recent announcement that Boeing will cease production of the 747 follows news that numerous airlines would be bringing forward the retirement of their 747 fleets due to the effect of the COVID-19 pandemic. British Airways, Qantas, KLM and Virgin Atlantic have all either retired their fleets, or plan to do so ahead of pre-COVID-19 […]
BAE Systems faces COVID-19 delays
Following the release of BAE Systems half-year results for 2020; Stelios Kanavakis, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “It comes as no surprise that BAE Systems is facing delays in deliveries for a number of vehicle programs for the US Army due to COVID-19, as every production line […]
Aerospace sector increases demand for 3D printing
The 3D printing industry is set to become significantly more prominent in the manufacturing processing of the aerospace sector in the future, with the likes of BAE and Airbus already gearing up to take advantage, says GlobalData, a leading data and analytics company. 3D printing technology will likely open the supply chain process to new […]
Indian Navy carries on sustainability tasks with its largest solar plant inauguration, says GlobalData
Following the news that the Indian Navy inaugurated its largest solar power plant with a capacity of 3 MW in Kerala; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Sustainability is a trend that has been in the focus of militaries across the world with […]
Emirates seeks to allay fear of flying during COVID-19 pandemic
Following the news that Emirates will cover customers from COVID-19 expenses to boost travel confidence; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “This is another step taken by Emirates to ensure customers feel safe when travelling with the airline and to bring tourists and […]
Rolls-Royce will have to rely on defense
Following the recent news of Rolls-Royce’s Chief Executive Warren East opting for recovery through the defense side of the business; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Rolls-Royce has been one of the worst affected aerospace companies by the outbreak of COVID-19. As the pandemic […]
Aircraft manufacturers and airlines work towards sustainability and eco-friendly solutions
Following the news that Etihad and Boeing extended their partnership with sustainability-focused ecoDemonstrator testing; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Airlines and manufacturers have been looking at ways to improve efficiencies and have greener operations for quite a while now with commitments from […]
UAE builds up local industry and talent with AMMROC purchase
Following the news that the UAE’s EDGE Group announced a conditional purchase of the remaining 40% shares held by Lockheed Martin and Sikorsky in Advanced Military Maintenance Repair and Overhaul Center (AMMROC); Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “EDGE Group’s purchase will make […]
KAI’s Boeing 787 parts supply contract with Subaru to provide relief to COVID-19 hit South Korean economy, says GlobalData
Following the news that Korean Aerospace Industries (KAI) and Subaru of Japan have signed an exclusive supply contract to extend deliveries of Boeing 787 parts till the end of certification); Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “As of now, KAI’s agreement with Subaru […]
India builds on localization drive with T-90 Mine Plough purchase, says GlobalData
Following the news that the Indian Ministry of Defence signed a contract with Bharat Earth Movers Limited (BEML) to procure 1,512 Mine Ploughs for T-90 tanks; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “This deal focuses on building the local industry and its capability while […]
British Airways decision to retire 747 fleet is expected with increased efficiencies of more modern platforms
Following the news that British Airways is retiring its entire 747 fleet, Anthony Endresen, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “British Airways decision to retire its 747 fleet earlier than expected is not that surprising given the significantly reduced passenger market landscape and the increased efficiencies […]
South Korea’s KDDX program starting to generate interest with local defense firms, says GlobalData
Following the news that LIG Nex1 would concentrate in developing solutions for the Republic of Korea’s next Korean Destroyer (KDDX); Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “LIG Nex1’s announcement that it would develop solutions for the KDDX program is on par with the […]
COVID-19 pushes airlines to explore ways to encourage seamless travel
Following the news that Etihad Airways has joined forces with Mediclinic for convenient home PCR testing in the United Arab Emirates (UAE); Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Etihad Airways’ new scheme will bring customers back and help rebuild confidence in air travel for customers, governments […]
Short-term boost for Boeing with F-15EX order from USAF
Following the recent news that the United States Air Force (USAF) and Boeing signed a $1.2Bn deal for the first eight F-15EX aircraft order; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “For Boeing, this order comes at the right time to possibly ensure revenues continue to come […]
Qantas Airbus A380 grounding points to expected U-shaped commercial aviation recovery, says GlobalData
Following the news that major airline Qantas is grounding and preserving its Airbus A380 fleet for at least three years until the passenger market starts to rebound; Anthony Endresen, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “The commercial aviation sector looks set for a […]
Safran’s new aircraft interior factory could be a good post-COVID-19 bet, says GlobalData
Following the news that Safran will open a new factory in Mexico’s state of Chihuahua focusing on Boeing’s aircraft interiors; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “As Boeing keeps seeing cancellations of B737 MAX orders, Safran’s surprising decision to invest in […]