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GlobalData
GlobalData

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 […]
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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 […]
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US defense industry must expect less COVID-19 stimulus as it outperforms the market

Following yesterday’s communication from Rep. Adam Smith, chairman of the House Armed Services Committee, on upcoming COVID-19 stimulus packages; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “Rep. Adam Smith did not surprise anyone when he hinted towards a reduction of stimulus funding […]
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Airbus to furlough staff as COVID-19 impacts aircrafts’ production and supply

Following yesterday’s news that Airbus has furloughed 3,200 personnel at Broughton factory in north Wales; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Airbus’ Broughton factory produces wing-structures for single- and twin-aisles assembled in Toulouse, where furloughs are also taking place, and Bremen. The collapse of […]
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Boeing cuts expenses to face long-term effects of COVID-19

Following today’s (Wednesday 29th April) release of Boeing’s earning results for Q1 2020, Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on Boeing’s strategy: “Boeing’s results showed dire figures, especially for its Commercial Airplanes business. Boeing President and CEO David Calhoun pointed to the COVID-19 pandemic […]
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Lockheed Martin’s impacted F-35 deliveries show that defense vendors are not immune to COVID-19 crisis

Following the release of Lockheed Martin’s Q1 2020 results and the announcement of potential delays in F-35 deliveries; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the impact of COVID-19 on defense supply chain; “Lockheed Martin’s Q1 2020 results are to be considered excellent by […]
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NATO tackling disinformation amid COVID-19 ‘war’, says GlobalData

Following NATO’s defence ministers meeting where it was decided that the alliance is reportedly poised to tackle disinformation related to COVID-19, as well as the British Army’s decision to deploy two counter-disinformation specialists to NATO; Stelios Kanavakis, Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the current challenges: “Since […]
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Likely postponing of Rafale deliveries exposes the vulnerability of smaller production lines to COVID-19 disruption

Following the news that Dassault will likely have to postpone the delivery of four Rafale fighter jets to India; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on Dassault’s situation; “The lockdown imposed by the French Government, recently extended until mid-May at least, has imposed an interruption of work on Dassault’s assembly line in Bordeaux-Mérignac. In normal times, Dassault’s factory can build 3 Rafale aircrafts per month at […]
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