Market News

Insights into aerospace market activity, including market forecasts, mergers and acquisitions, and more

Rockford aerospace cluster

Regional aerospace cluster expands, grows international presence, attracts attention

Proactive aerospace community grows international presence and participation, becomes an epicenter of aerospace activity in the nation, and competes for business on a global scale.

Flight management systems market to reach $912 million by 2020

Flight management systems market to reach $912 million by 2020

DALLAS, 9 Oct. 2014. The global flight management system market is estimated at $601.36 million in 2014 and expected to reach $912.20 million by 2020, growing at a compound annual growth rate (CAGR) of 7.19 percent, according to a new report from MarketsandMarkets.

Global aerospace plastics market to reach $10.5 billion in 2018, says Transparency Market Research

Global aerospace plastics market to reach $10.5 billion in 2018, says Transparency Market Research

ALBANY, N.Y., 7 Oct. 2014. The global aerospace plastics market is expected to reach $10.5 billion in 2018, up from a total worth of $6.2 billion in 2011, according to a new market research report published by Transparency Market Research in Albany, N.Y.

Army awards $130 million deal to Boeing to build seven AH-64E attack helicopters

REDSTONE ARSENAL, Ala., 6 Oct. 2014. U.S. Army combat aviation experts are ordering seven of the latest-version AH-64 Apache attack helicopters from the Boeing Co. under terms of a $130 million contract modification.

Progeny Systems continues work to upgrade P-8A mission software to open-systems standards

JOINT BASE MCGUIRE–DIX–LAKEHURST, N.J., 29 Sept. 2014. Aircraft software experts at Progeny Systems Corp. in Manassas, Va., are helping the U.S. Navy upgrade software to enable existing airborne mission computers to disseminate collected maritime airborne mission data in real time.

Honeywell wins $15.7 million to provide cockpit displays for Navy jets

PATUXENT RIVER NAS, Md., 29 Sept. 2014. U.S. Navy avionics experts needed a variety of cockpit displays for the Boeing F/A-18E/F Super Hornet jet fighter-bomber and the EA-18 Growler electronic warfare jets. They found their solution from the Honeywell International Inc. Aerospace segment in Albuquerque, N.M.

All avionics technology domains growing, with exception of HUDs, says Thales Avionics’ Gatti

All avionics technology domains growing, with exception of HUDs, says Thales Avionics’ Gatti

CINCINNATI, Ohio, 25 Sept. 2014. The avionics sector sits at the intersection of two major technology domains: electronics and aeronautical – with the added pressure of certification, describes Marc Gatti of Thales Avionics during his talk, titled “Technological Changes and Competitive Advantage: the New Deal for Avionics Firms,” at the SAE Aerospace Systems and Technology Conference (ASTC) in Cincinnati, Ohio, this week.

Lockheed Martin to upgrade Terrain Awareness Warning System software on MH-60 helicopters

PATUXENT RIVER NAS, Md., 22 Sept. 2014. Helicopter avionics experts at Lockheed Martin Corp. are preparing to improve the safety of U.S. Navy Sikorsky MH-60 helicopters with new software and other upgrades.

Raytheon to upgrade TV-guided Maverick air-to-ground missiles with the latest laser guidance

PATUXENT RIVER NAS, Md., 22 Sept. 2014. Missile designers at the Raytheon Co. are upgrading versions of the AGM-65 Maverick air-to-ground missile by replacing relatively old optical TV-guided seekers with late-model precision-guided laser sensors.

GaN RF and microwave amplifier for X-band radar applications introduced by Comtech PST

MELVILLE, N.Y., 22 Sept. 2014. Comtech PST Corp. in Melville, N.Y., is introducing the model BMC858109-600 gallium nitride (GaN) RF amplifier for X-band radar applications.

Teledyne LeCroy introduces 500 MHz, $5,000 WaveJet Touch portable oscilloscope

Teledyne LeCroy introduces 500 MHz, $5,000 WaveJet Touch portable oscilloscope

CHESTNUT RIDGE, N.Y., 16 Sept. 2014. Teledyne LeCroy is introducing the WaveJet Touch oscilloscope, equipped with a touch screen, powerful debug tools, and advanced triggering. Built on the popular WaveJet 300 oscilloscope platform, the WaveJet Touch is available in two models with 350 MHz or 500 MHz bandwidth, four channels, up to 5 Mpts of memory at 2 GS/s, and a 7.5-inch touch-screen display.

BAE Systems integrates Global Eagle Entertainment WISE streaming into IntelliCabin inflight entertainment system

BAE Systems integrates Global Eagle Entertainment WISE streaming into IntelliCabin inflight entertainment system

LOS ANGELES, Calif., 16 Sept. 2014. Global Eagle Entertainment Inc. (Nasdaq:ENT), a worldwide provider of content, connectivity, and digital media solutions to airlines, has entered into a strategic, technological relationship with BAE Systems, a global provider of defense, security, and aerospace systems. Global Eagle Entertainment’s WISE inflight streaming solution is being integrated with BAE Systems’ inflight entertainment (IFE) offering for commercial aircraft.

Cobham to acquire Aeroflex in merger expected to close 12 September 2014

Cobham to acquire Aeroflex in merger expected to close 12 September 2014

PLAINVIEW, N.Y., 11 Sept. 2014. Aeroflex Holding Corp. (NYSE:ARX), a global provider of microelectronic components and test & measurement equipment, is on track to merge with Cobham plc (LSE:COB.LN), a U.K.-listed company that designs and manufactures a wide range of equipment, specialized systems, and components for the aerospace, defense, energy, and electronics industries.

Navy orders EW missile-control computers for U.S. and Australian combat aircraft

Navy orders EW missile-control computers for U.S. and Australian combat aircraft

PATUXENT RIVER NAS, Md., 8 Sept. 2014. Military avionics experts at the Raytheon Co. will provide airborne computers that link sensors aboard the U.S. Navy Boeing F/A-18E/F and EA-18G combat aircraft and the Raytheon AN/AGM-88 anti-radar missile.

Northrop Grumman to build three Air Force advanced Global UAS for surveillance

Northrop Grumman to build three Air Force advanced Global UAS for surveillance

WRIGHT-PATTERSON AFB, Ohio, 8 Sept. 2014. Unmanned aerial system (UAS) designers at the Northrop Grumman Corp. Aerospace Systems segment in San Diego will build three advanced versions of the RQ-4B Global Hawk high-altitude, long-range UAS under terms of a $240.7 million contract.

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