Aerospace
Top stories summarized by our editors
3/24/2017

An analysis by Reuters finds that Boeing could have saved an estimated $44.5 billion last year under current tax reform proposals. The Aerospace Industries Association, Boeing and many smaller suppliers have come out in support of reforming the US tax code.

3/24/2017

Lockheed Martin's F-35 likely will come down in price to $85 million or less by 2019, according to CEO Marillyn Hewson. With international partners on pace to buy half of all F-35s in the future, the jet should boost Lockheed's international sales by 30% in coming years.

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ExecutiveBiz.com
3/24/2017

The aerospace and defense industries "have reason to be optimistic that growth, sluggish in recent years, will pick up steam" under a Republican-controlled Congress and Trump White House, says Tom Hennessey of the iBASEt. "The challenge for the A&D industry is two-fold: prepare to secure a piece of increased funding and projects, and get ready to execute those contracts expeditiously under heightened scrutiny on costs, quality and compliance," he writes.

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Trump White House, Congress
3/24/2017

The Federal Aviation Administration is predicting long-term growth across all parts of aviation. The airline industry saw record profits in 2016, and growth is likely to continue.

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Flying Magazine
3/24/2017

JetBlue could be considering the purchase of Airbus A321 passenger jets capable of trans-Atlantic flights. The airline has hinted that it might enter the European market, though nothing has been announced.

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Fox News
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Airbus, JetBlue
3/24/2017

The Air Force will soon release an official request for information regarding commercial satellite communications capabilities as it studies how to meet future communications needs. "The purpose of the RFI really is to make sure we capture, particularly from a technology standpoint, those potential enabling technologies that should be considered in whatever vein for the wideband enterprise," said Air Force Col. George Nagy.

3/24/2017

Airbus has been given the go-ahead by the European Space Agency to begin building a prototype of the Jupiter Icy Moons Explorer probe, known as Juice. The mission is scheduled to launch in 2022.

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Airbus, European Space Agency
3/24/2017

Heather Wilson, President Donald Trump's nominee for Air Force secretary, may get a Senate hearing as soon as next week, according to Armed Services Committee Chairman Sen. John McCain, R-Ariz. Wilson, who was nominated for the post in January, formerly represented New Mexico in the House.

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Defense News
3/24/2017

Sen. Heidi Heitkamp, D-N.D., is calling for a quorum at the US Export-Import Bank, which would enable the bank to once again finance deals over $10 million. She cited the $30 billion in deals that have been put on hold due to the bank's lack of a quorum and the potential for the US to lose some 174,000 jobs if this is not remedied soon.

3/23/2017

Boeing and the Army have finalized a $3.4 billion contract for the delivery of 244 remanufactured AH-64E Apache attack helicopters. This is the first multiyear contract for the Apache, and it includes two dozen new-build Apache Echo helicopters for Saudi Arabia.

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Defense News
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Boeing, Army