Market News

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

Standex expands aviation market foothold with Enginetics acquisition

Standex expands aviation market foothold with Enginetics acquisition

SALEM, N.H., 29 Aug. 2014. Standex International Corp. (NYSE:SXI) has entered into an exclusive agreement to acquire Ohio-based Enginetics Corp., a producer of aircraft engine components for all major aircraft platforms.

Pennsylvania invests in 20 airports, upgrading facilities and supporting more than 8,400 jobs

Pennsylvania invests in 20 airports, upgrading facilities and supporting more than 8,400 jobs

HARRISBURG, Pa., 28 Aug. 2014. Governor Tom Corbett announced a $3.4 million state investment to improve safety and operations at 20 Pennsylvania airports that support more than 8,400 jobs. "Aviation, just as Pennsylvania's other transportation assets, supports jobs and strengthens our state economy," Gov. Corbett said. "These investments position these airports to offer better service and generate additional business activity."

BOC Aviation grows fuel-efficient fleet with order for 82 Boeing airplanes

BOC Aviation grows fuel-efficient fleet with order for 82 Boeing airplanes

SINGAPORE, 27 Aug. 2014. Boeing (NYSE:BA) won an order from BOC Aviation for 50 737 MAX 8s, 30 Next-Generation 737-800 and two 777-300ER (Extended Range) aircraft. BOC Aviation officials placed the order, valued at $8.8 billion at list prices and the largest in its 20-year history, as part of the Singapore-based leasing company's effort to grow its portfolio of fuel-efficient airplanes.

General Dynamics wins $16.3 million contract for mission computers on Navy EA-18G EW jets

General Dynamics wins $16.3 million contract for mission computers on Navy EA-18G EW jets

PATUXENT RIVER NAS, Md., 25 Aug. 2014. U.S. Navy avionics experts are asking the General Dynamics Corp. Advanced Information Systems segment in Minneapolis to build 60 mission computers for EA-18G Growler carrier-based electronic warfare combat jets.

Air Force looks to DRS ICAS to supply secure intelligence situational awareness data receivers

Air Force looks to DRS ICAS to supply secure intelligence situational awareness data receivers

NEWPORT NEWS, Va., 25 Aug. 2014. U.S. Air Force combat aircraft experts needed tactical receivers to enable air crews to receive situational awareness information in a secure environment. They found their solution from DRS ICAS LLC in Dayton, Ohio.

Wearable head-up display with enhanced vision for helicopter pilots introduced by Elbit

Wearable head-up display with enhanced vision for helicopter pilots introduced by Elbit

HAIFA, Israel, 25 Aug. 2014. Elbit Systems in Haifa, Israel, is introducing a helicopter version of the Skylens wearable head-up display for enhanced flight vision system (EFVS) applications.

Navy chooses secure data transfer units from Physical Optics for carrier-based combat jets

Navy chooses secure data transfer units from Physical Optics for carrier-based combat jets

JOINT BASE MCGUIRE-DIX-LAKEHURST, N.J., 11 Aug. 2014. U.S. Navy air warfare experts needed encrypted data transfer units for the carrier-based F/A-18E/F fighter-bombers and EA-18G electronic warfare jets. They found their solution from Physical Optics Corp. in Torrance, Calif.

Navy preparing for major presence of new P-8 maritime patrol jets at Whidbey Island NAS, Wash.

Navy preparing for major presence of new P-8 maritime patrol jets at Whidbey Island NAS, Wash.

SILVERDALE, Wash., 11 Aug. 2014. U.S. Navy maritime patrol experts are preparing for a major presence of the new Boeing P-8 Poseidon maritime patrol jet at Whidbey Island Naval Air Station in Oak Harbor, Wash., as the new jet slowly begins to replace the venerable Lockheed Martin P-3 Orion maritime patrol turboprop.

SPAWAR aims at upgrading MIDS LVT terminals to comply with JTRS software and protocols

SPAWAR aims at upgrading MIDS LVT terminals to comply with JTRS software and protocols

SAN DIEGO, 4 Aug. 2014. Military communications experts from two U.S. defense contractors are upgrading military tactical data communications terminals to standards of the Joint Tactical Radio System (JTRS).

Infrared sensor payload for UAVs, helicopters, and light jets introduced by Elbit

Infrared sensor payload for UAVs, helicopters, and light jets introduced by Elbit

HAIFA, Israel, 4 Aug. 2014 2014. Elbit Systems Ltd. in Haifa, Israel, is introducing the DCoMPASS FHD iMEP all-in-one integrated surveillance sensor payload for lightweight platforms like light attack and search and rescue helicopters, medium-sized unmanned aerial vehicles (UAVs), and special-mission light jets.

Passenger group: Airlines should disclose routes for international flights over conflict zones

Passenger group: Airlines should disclose routes for international flights over conflict zones

WASHINGTON, 29 July 2014. U.S.-based airline passenger organization FlyersRights.org is calling on all airlines to provide detailed route maps on their websites, enabling passengers on international flights to decide whether to take such flights, in light of the shoot down of the MH 17 flight over eastern Ukraine.

Air Force looking into advanced staring infrared search and track for fighter aircraft

WRIGHT-PATTERSON AFB, Ohio, 28 July 2014. U.S. Air Force electro-optics researchers are reaching out to industry for ideas and enabling technologies for a next-generation infrared search-and-track (IRST) system to provide advanced passive surveillance, tracking, and target-acquisition capability for military combat aircraft.

Global military simulation and training market trending stable to downward through 2022

LONDON, 28 July 2014. The global military training and simulation market is set to take a slight dip over the next decade from $6.74 billion in 2013 to $6.36 billion in 2022 as military spending continues to shrink, say analysts at market researcher Frost & Sullivan in London.

Global demand for commercial passenger jets over next two decades set at 36,770 worth $5.2 trillion

Global demand for commercial passenger jets over next two decades set at 36,770 worth $5.2 trillion

FARNBOROUGH, England, 21 July 2014. Analysts at the Boeing Co. in Seattle predict global demand for commercial passenger jets will be 36,770 new airplanes over the next 20 years worth $5.2 trillion. Boeing, one of the world's largest commercial jet manufacturers, made its announcement this past week at the Farnborough International Airshow in Farnborough, England.

LEAP

LEAP-1B and CFM56-7B engines to power 9 Air Boeing 737 fleet under $3.7 billion contract

FARNBOROUGH, England, 17 July 2014. China's 9 Air has ordered CFM International's LEAP-1B engine to power 30 Boeing 737 MAX aircraft, in addition to CFM56-7B engines to power 20 Next-Generation 737s. The $3.7 billion order includes spare engines and a long-term service agreement.

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