Aerospace, Defense & Security

Boeing lays off staff at Puget Sound to face decreasing demand for jetliners

Following the news that Boeing was set to start delivering layoff notices at Puget Sound production sites by the end of the week; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation; “Boeing’s decision to lay off part of its workforce is necessary so […]

COVID-19 transforms Strata Manufacturing to an N95 producer

Following the news that Abu Dhabi based Strata Manufacturing has started to produce N95 masks; Mathew George, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Strata’s collaboration with Honeywell to produce N95 masks is a first in the Persian Gulf and is expected to have an annual capacity […]

Aerospace, Defense & Security

Mitsubishi freezes regional jet program as COVID-19 trims demand

Following the news that Mitsubishi Heavy Industries was freezing its SpaceJet regional aircraft programs; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “Mitsubishi Heavy Industries is set to shut all locations outside Japan of its Aircraft division working on the SpaceJet program. This […]

Aerospace, Defense & Security

India’s Defense Minister leaves indigenization in private hands, says GlobalData

Following the news that India’s defense manufacturing was adversely affected due to COVID-19; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “According to GlobalData’s report, The Indian Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2025, India’s Defense Procurement Procedure had earmarked government funded […]

Aerospace, Defense & Security

Lockheed Martin adopts schedule and shift changes amongst COVID-19 mitigation measures

Following the news that Lockheed Martin is slowing F-35 production as COVID-19 disrupts its supply chain; Anthony Endresen, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation; “Lockheed Martin is adopting several measures to mitigate the delays imposed by COVID-19. These include adjusting work schedules and […]

Aerospace, Defense & Security

Australia takes another step towards fifth-generation Air Force, says GlobalData

Following the news that Australia’s Aircraft Research and Development Unit (ARDU) has received three Pilatus PC-21 aircraft as the Air Force’s newest test and evaluation capability; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “As part of the AIR-5428 program for Pilot Training System that […]

Aerospace, Defense & Security

Lockheed Martin accelerate more payments to supply chain amidst COVID-19 disruptions

Following the news that Lockheed Martin will again accelerate payments of US$300m to small critical suppliers: Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on Lockheed’s decision; “This US$300m of accelerated payment is only the latest of a growing list. The company has kept adding such […]

Aerospace, Defense & Security

Rolls-Royce needs to adapt production to plane-makers demand

Following today’s statement by Rolls-Royce’s Chief Executive Warren East on the cut of 9,000 roles; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “The job cuts by Rolls-Royce is not a surprise as the company said last month that it was working on […]

Aerospace, Defense & Security

UAE low-cost carriers could grow post-COVID-19

Hungarian ultra-low cost carrier Wizz made a bold statement when it said its Abu Dhabi investment remained a key priority. The comments from the airline may seem out of place at a time when flights are grounded due to the COVID-19 pandemic, but they reflect the anticipation that the UAE’s low-cost carriers (LCCs) could witness […]

Aerospace, Defense & Security

IHI takes step closer to cleaner electric air travel with world’s first air-cooling system for aircraft electronics, says GlobalData

Following the news that Tokyo-based IHI Corporation has successfully evaluated the testing of the world’s first air-cooling system for 100kW-class high power electronics onboard aircraft; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The system aims at optimization of an aircraft’s total energy management and […]

Aerospace, Defense & Security

Pentagon awards contracts to fight spread of COVID-19

Following the announcement that the Department of Defense awarded a contract for a COVID-19 contact tracing service; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the award: “The Department of Defense (DoD) is committed to fight the spread of COVID-19 on its own ground with […]

Aerospace, Defense & Security

Hike in FDI limit in defense manufacturing can bring dividends to other sectors not limited to aviation in India, says GlobalData

Following the news that India has raised foreign direct investment (FDI) in defense manufacturing through automatic route from 49% to 74%; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “According to GlobalData’s report, The Indian Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2025, […]

Aerospace, Defense & Security

Boeing adapts to new realities of commercial air travel post-COVID-19 with safe travel initiative

Following yesterday’s (Thursday 14 May) news that Boeing is launching a Confident Travel Initiative to prepare commercial aviation for a post-COVID-19 world; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on Boeing’s initiative: “The COVID-19 pandemic has had a devastating impact on the air travel industry, […]

Aerospace, Defense & Security

New missile sales shift post-COVID-19 Boeing further towards defense

Following yesterday’s (Wednesday 13 May) announcement of Boeing’s US$3.1bn sales of air-to-surface missiles to supply Saudi Arabia and other allies; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the future of Boeing: “Boeing did not register any new commercial airplane orders for the entire month […]

Aerospace, Defense & Security, Uncategorised

More B737 MAX cancellations as COVID-19 spoils chances of come-back, says GlobalData

Following the release of Boeing’s order book for the month of April 2020; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “Boeing’s order book for April is showing lasting effects of the COVID-19 outbreak on the commercial aerospace market. The company did not […]

Aerospace, Defense & Security

Mitsubishi postpones regional jet program due to COVID-19 disruptions

Following yesterday’s (Monday 11 May) news that Mitsubishi Heavy Industries is postponing its SpaceJet regional airliner program; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “Mitsubishi Heavy Industries has been attempting to enter the regional jet market since the launch of the 70-passenger […]

Aerospace, Defense & Security

Rolls-Royce braces for long-term COVID-19 disruptions

Following the release of an upfront statement by Rolls-Royce’s Chief Executive Warren East to shareholders about the company’s struggles in the midst of COVID-19; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation; “East decided to be upfront with shareholders about Rolls-Royce’s struggles in […]

Aerospace, Defense & Security

Legacy defense programs threatened as US DoD tightens belt in face of reduced federal stimulus

Following yesterday’s comments by Mark Esper, the US Defense Secretary, regarding potential funding cuts to legacy programs such as the C-130H cargo planes rather than reducing funding for modernisation and development programs; Madeline Wild, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers her view on the situation: “The US Department […]

Aerospace, Defense & Security

General Electric Aviation to cut 25% of its workforce to prepare for post-COVID-19 aviation market, says GlobalData

Following the announcement by General Electric Aviation’s Chief Executive David Joyce on the company’s upcoming staff reductions; Vera Lin, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers her view on the company’s decision: “General Electric Aviation’s scaling down of its workforce by up to 25% follows a string of announcements […]

Aerospace, Defense & Security

Rolls Royce cutting jobs to face long term impact of COVID-19 on civil aviation

Following the news that Rolls-Royce is cutting up to 8,000 Jobs; William Davies, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on Rolls-Royce’s current challenges: “Rolls-Royce announced over the weekend that it plans to cut up to 8,000 jobs as its business is hit hard by the impact […]

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