Aerospace
Top stories summarized by our editors
6/21/2018

Boeing is calling on Congress to restore a board quorum at the US Export-Import Bank following the Trump administration's nomination of Kimberly Reed to lead the bank. "Restoring the Export-Import Bank to full strength with a Board quorum is the best thing Washington can do right now to grow our economy through exports, shrink our trade deficits, and level the playing field so American workers can win," Boeing's Tim Keating said.

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Reuters
6/21/2018

Boeing will deliver the first KC-46 tanker to the Air Force this fall. "With first delivery now set, the men and women of the Air Force know when they will start receiving this warfighting capability," Boeing said.

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Air Force, Boeing
6/21/2018

The Czech Republic is in the market for a dozen helicopters, 50 howitzers, two transport planes, drones, 210 vehicles and more as part of its $4.5 billion modernization.

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Defense News
6/21/2018

Philippine President Rodrigo Duterte has given the green light to $5.6 billion in military spending on new equipment. "We're putting a premium on unmanned aerial vehicles, long-range patrol aircraft, offshore patrol ships and an electric-diesel submarine," one general said.

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Reuters
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Rodrigo Duterte
6/21/2018

Boeing's Ihssane Mounir says a new mid-market jet from the plane-maker could enter service by 2025. Boeing has yet to make a final decision on whether to move forward with a new hybrid design.

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Reuters
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Boeing, Ihssane Mounir
6/21/2018

Secretary of Defense James Mattis says the work of creating a Space Force has not started and "is going to require legislation and a lot of detail planning." Establishing a military service will require Congress to change Title 10 of the US Code.

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Defense News
6/20/2018

BAE Systems is making capital investments in its US manufacturing facilities in anticipation of demand from the Department of Defense. The company has put $100 million into a new dry dock in California and $150 million into factories that do work related to electronic warfare suites for the F-35 and others.

6/20/2018

FedEx is buying two dozen additional Boeing cargo planes: 12 767Fs and 12 777Fs. The order has a list-price value of $6.6 billion.

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Air Transport World
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FedEx, Boeing
6/20/2018

A BAE Systems and Iveco Defence Vehicles team has received a $198 million contract to supply the Marine Corps with 30 next-generation amphibious combat vehicles. The contact could be worth $1.2 billion if options for up to 204 vehicles are exercised.

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New Atlas
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Marine Corps, BAE Systems, BAE
6/20/2018

The Bell V-280 Valor flew for its first public demonstration, showcasing rapid progress on the design for the Joint Multi-Role Technology Demonstration program.